THAT'S US NOW LTD

Company Registration Number:
NI675911 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 January 2023

Period of accounts

Start date: 01 February 2022

End date: 31 January 2023

THAT'S US NOW LTD

Contents of the Financial Statements

for the Period Ended 31 January 2023

Balance sheet
Notes

THAT'S US NOW LTD

Balance sheet

As at 31 January 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 227,441 250,925
Total fixed assets: 227,441 250,925
Current assets
Stocks: 4,494 4,060
Debtors:   5,710 8,504
Cash at bank and in hand: 57,501 48,023
Total current assets: 67,705 60,587
Creditors: amounts falling due within one year:   (294,827) (263,378)
Net current assets (liabilities): (227,122) (202,791)
Total assets less current liabilities: 319 48,134
Provision for liabilities: (39,733) (44,195)
Total net assets (liabilities): (39,414) 3,939
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (39,514) 3,839
Shareholders funds: (39,414) 3,939

The notes form part of these financial statements

THAT'S US NOW LTD

Balance sheet statements

For the year ending 31 January 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 27 October 2023
and signed on behalf of the board by:

Name: Christine Corran
Status: Director

The notes form part of these financial statements

THAT'S US NOW LTD

Notes to the Financial Statements

for the Period Ended 31 January 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

Turnover policy

Turnover comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows:Fixtures, fittings and equipment - 15% reducing balanceThe carrying value of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

THAT'S US NOW LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

2. Employees

2023 2022
Average number of employees during the period 15 13

THAT'S US NOW LTD

Notes to the Financial Statements

for the Period Ended 31 January 2023

3. Tangible Assets

Total
Cost £
At 01 February 2022 277,051
At 31 January 2023 277,051
Depreciation
At 01 February 2022 26,126
Charge for year 23,484
At 31 January 2023 49,610
Net book value
At 31 January 2023 227,441
At 31 January 2022 250,925