Company Registration No. 7827527 (England and Wales)
The Pink House Mustique Ltd
Unaudited accounts
for the year ended 30 June 2023
The Pink House Mustique Ltd
Unaudited accounts
Contents
The Pink House Mustique Ltd
Company Information
for the year ended 30 June 2023
Directors
Michael Bunbury
Charlotte Bunbury
Company Number
7827527 (England and Wales)
Registered Office
Unit10a Chaldicott Barns
Semley
Shaftesbury
SP7 9AW
England
Accountants
Evenstone Ltd
Boston House
Downsview Road
Wantage
Oxfordshire
OX12 9FF
The Pink House Mustique Ltd
Statement of financial position
as at 30 June 2023
Tangible assets
203,151
114,940
Inventories
442,788
388,070
Cash at bank and in hand
33,474
90,070
Creditors: amounts falling due within one year
(847,598)
(675,704)
Net current liabilities
(275,992)
(119,811)
Net liabilities
(72,841)
(4,871)
Called up share capital
1
1
Profit and loss account
(72,842)
(4,872)
Shareholders' funds
(72,841)
(4,871)
For the year ending 30 June 2023 the company was entitled to exemption from audit 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.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 23 November 2023 and were signed on its behalf by
Charlotte Bunbury
Director
Company Registration No. 7827527
The Pink House Mustique Ltd
Notes to the Accounts
for the year ended 30 June 2023
The Pink House Mustique Ltd is a private company, limited by shares, registered in England and Wales, registration number 7827527. The registered office is Unit10a Chaldicott Barns, Semley, Shaftesbury, SP7 9AW, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
20 Year Straightline
Plant & machinery
33.33% straightline
Fixtures & fittings
33.33% straightline
Computer equipment
33.33% straightline
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
The Pink House Mustique Ltd
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2022
99,558
541
12,480
8,727
121,306
Additions
82,355
-
13,425
4,984
100,764
At 30 June 2023
181,913
541
25,905
13,711
222,070
At 1 July 2022
-
541
984
4,841
6,366
Charge for the year
2,273
-
7,352
2,928
12,553
At 30 June 2023
2,273
541
8,336
7,769
18,919
At 30 June 2023
179,640
-
17,569
5,942
203,151
At 30 June 2022
99,558
-
11,496
3,886
114,940
Amounts falling due within one year
Other debtors
94,511
62,583
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
28,196
29,351
Taxes and social security
1,534
1,811
Other creditors
21,975
10,493
Loans from directors
769,815
578,404
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).