BUBBLES WHOLESALE LIMITED

Company Registration Number:
NI603437 (Northern Ireland)

Unaudited abridged accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

BUBBLES WHOLESALE LIMITED

Contents of the Financial Statements

for the Period Ended 30 June 2023

Balance sheet
Notes

BUBBLES WHOLESALE LIMITED

Balance sheet

As at 30 June 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 55,658 57,634
Investments: 4 86 86
Total fixed assets: 55,744 57,720
Current assets
Stocks: 834,106 679,926
Debtors:   1,299,027 1,007,934
Cash at bank and in hand: 429,105 386,772
Total current assets: 2,562,238 2,074,632
Creditors: amounts falling due within one year:   (1,627,581) (1,518,504)
Net current assets (liabilities): 934,657 556,128
Total assets less current liabilities: 990,401 613,848
Total net assets (liabilities): 990,401 613,848
Capital and reserves
Called up share capital: 252,598 252,598
Other reserves: (19,616) (28,956)
Profit and loss account: 757,419 390,206
Shareholders funds: 990,401 613,848

The notes form part of these financial statements

BUBBLES WHOLESALE LIMITED

Balance sheet statements

For the year ending 30 June 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 28 September 2023
and signed on behalf of the board by:

Name: Veronica Mackin
Status: Director

The notes form part of these financial statements

BUBBLES WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

BUBBLES WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

2. Employees

2023 2022
Average number of employees during the period 10 10

BUBBLES WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

3. Tangible Assets

Total
Cost £
At 01 July 2022 171,029
Additions 18,955
Disposals (9,500)
At 30 June 2023 180,484
Depreciation
At 01 July 2022 113,395
Charge for year 16,786
On disposals (5,355)
At 30 June 2023 124,826
Net book value
At 30 June 2023 55,658
At 30 June 2022 57,634

BUBBLES WHOLESALE LIMITED

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Fixed investments

The company holds group and participating interests to the value of £86