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Company Registration No. 09836915 (England and Wales)
Absolutely Bear Limited Unaudited accounts for the year ended 31 October 2023
Absolutely Bear Limited Unaudited accounts Contents
Page
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Absolutely Bear Limited Company Information for the year ended 31 October 2023
Director
Nick Fletcher
Company Number
09836915 (England and Wales)
Registered Office
Office 9 The Civic Centre Martins Way Stourport-on-Severn Worcestershire DY13 8UJ
Accountants
JB Accounting & Payroll Limited Office 9 The Civic Centre Martins Way Stourport-on-Severn Worcestershire DY13 8UJ
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Absolutely Bear Limited Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
634 
671 
Tangible assets
(2)
(2)
632 
669 
Current assets
Inventories
6,317 
13,074 
Debtors
3,052 
380 
Cash at bank and in hand
1,205 
66 
10,574 
13,520 
Creditors: amounts falling due within one year
(29,248)
(42,343)
Net current liabilities
(18,674)
(28,823)
Total assets less current liabilities
(18,042)
(28,154)
Creditors: amounts falling due after more than one year
- 
(3,521)
Net liabilities
(18,042)
(31,675)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(18,043)
(31,676)
Shareholders' funds
(18,042)
(31,675)
For the year ending 31 October 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 director acknowledges his 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 and authorised for issue on 14 November 2023 and were signed on its behalf by
Nick Fletcher Director Company Registration No. 09836915
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Absolutely Bear Limited Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
Absolutely Bear Limited is a private company, limited by shares, registered in England and Wales, registration number 09836915. The registered office is Office 9 The Civic Centre, Martins Way, Stourport-on-Severn, Worcestershire, DY13 8UJ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
over 5 years
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other 
£ 
Cost
At 1 November 2022
927 
At 31 October 2023
927 
Amortisation
At 1 November 2022
256 
Charge for the year
37 
At 31 October 2023
293 
Net book value
At 31 October 2023
634 
At 31 October 2022
671 
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Absolutely Bear Limited Notes to the Accounts for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 November 2022
1,128 
At 31 October 2023
1,128 
Depreciation
At 1 November 2022
1,130 
At 31 October 2023
1,130 
Net book value
At 31 October 2023
(2)
At 31 October 2022
(2)
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Other debtors
3,052 
380 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
300 
300 
Other creditors
28,948 
42,043 
29,248 
42,343 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
- 
3,521 
9
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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