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REGISTERED NUMBER: 09448867 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023

FOR

ILIKEMYQUALITY LTD

ILIKEMYQUALITY LTD (REGISTERED NUMBER: 09448867)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ILIKEMYQUALITY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Ms Sarah Hanitze Bennett-Damidot
Mr Andrew Dobbie





REGISTERED OFFICE: Unit 1 Roundham House
Oxen Road
Crewkerne
Somerset
TA18 7HN





REGISTERED NUMBER: 09448867 (England and Wales)





ACCOUNTANTS: Syers McGill
9 Kerry Street
Horsforth
Leeds
West Yorkshire
LS18 4AW

ILIKEMYQUALITY LTD (REGISTERED NUMBER: 09448867)

BALANCE SHEET
28 FEBRUARY 2023

28.2.23 28.2.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,445 1,508

CURRENT ASSETS
Debtors 5 1,717 18,421
Cash at bank 72,983 58,193
74,700 76,614
CREDITORS
Amounts falling due within one year 6 44,722 46,951
NET CURRENT ASSETS 29,978 29,663
TOTAL ASSETS LESS CURRENT
LIABILITIES

32,423

31,171

CREDITORS
Amounts falling due after more than one
year

7

18,906

26,756
NET ASSETS 13,517 4,415

CAPITAL AND RESERVES
Called up share capital 8 2 2
Retained earnings 9 13,515 4,413
SHAREHOLDERS' FUNDS 13,517 4,415

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

ILIKEMYQUALITY LTD (REGISTERED NUMBER: 09448867)

BALANCE SHEET - continued
28 FEBRUARY 2023


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 24 October 2023 and were signed on its behalf by:





Mr Andrew Dobbie - Director


ILIKEMYQUALITY LTD (REGISTERED NUMBER: 09448867)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023


1. STATUTORY INFORMATION

ILIKEMYQUALITY Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of services, exclusive of value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 20% on cost

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

ILIKEMYQUALITY LTD (REGISTERED NUMBER: 09448867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2022 5,966
Additions 1,875
At 28 February 2023 7,841
DEPRECIATION
At 1 March 2022 4,458
Charge for year 938
At 28 February 2023 5,396
NET BOOK VALUE
At 28 February 2023 2,445
At 28 February 2022 1,508

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Trade debtors 1,717 18,421

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.23 28.2.22
£    £   
Bank loans and overdrafts 7,850 7,689
Tax 20,357 13,472
VAT 12,783 18,221
Directors' current accounts 1,132 5,369
Accrued expenses 2,600 2,200
44,722 46,951

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.23 28.2.22
£    £   
Bank loans 18,906 26,756

ILIKEMYQUALITY LTD (REGISTERED NUMBER: 09448867)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 28 FEBRUARY 2023


8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 28.2.23 28.2.22
value: £    £   
1 A Ordinary £1 1 1
1 B Ordinary £1 1 1
2 2

9. RESERVES
Retained
earnings
£   

At 1 March 2022 4,413
Profit for the year 62,102
Dividends (53,000 )
At 28 February 2023 13,515

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.