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REGISTERED NUMBER: 11168241 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 March 2023

for

Stella & Ellen Limited

Stella & Ellen Limited (Registered number: 11168241)






Contents of the Financial Statements
for the Year Ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Stella & Ellen Limited

Company Information
for the Year Ended 31 March 2023







DIRECTORS: Mrs K Davis
Ms K Wright





REGISTERED OFFICE: 24 James Street
Chesterfield
S41 7JE





REGISTERED NUMBER: 11168241 (England and Wales)





ACCOUNTANTS: Hadfields Accountants
Commerce House
658B Chatsworth Road
Chesterfield
Derbyshire
S40 3JZ

Stella & Ellen Limited (Registered number: 11168241)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,234 3,915

CURRENT ASSETS
Stocks 6,620 6,322
Cash at bank and in hand 23,952 43,801
30,572 50,123
CREDITORS
Amounts falling due within one year 5 28,817 43,367
NET CURRENT ASSETS 1,755 6,756
TOTAL ASSETS LESS CURRENT
LIABILITIES

4,989

10,671

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 6 4,889 10,571
SHAREHOLDERS' FUNDS 4,989 10,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

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 21 June 2023 and were signed on its behalf by:





Ms K Wright - Director


Stella & Ellen Limited (Registered number: 11168241)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Stella & Ellen Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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 - 20% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 5 ) .

Stella & Ellen Limited (Registered number: 11168241)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 April 2022
and 31 March 2023 2,779 3,374 1,105 7,258
DEPRECIATION
At 1 April 2022 1,524 1,317 502 3,343
Charge for year 251 309 121 681
At 31 March 2023 1,775 1,626 623 4,024
NET BOOK VALUE
At 31 March 2023 1,004 1,748 482 3,234
At 31 March 2022 1,255 2,057 603 3,915

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 14,454 19,688
Taxation and social security 1,769 7,265
Other creditors 12,594 16,414
28,817 43,367

6. RESERVES
Retained
earnings
£   

At 1 April 2022 10,571
Deficit for the year (1,682 )
Dividends (4,000 )
At 31 March 2023 4,889

7. RELATED PARTY DISCLOSURES

During the year, total dividends of £4,000 (2022 - £14,000) were paid to the directors .