INTIMATES SALES LIMITED

Company Registration Number:
06276087 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2023

Period of accounts

Start date: 01 March 2022

End date: 28 February 2023

INTIMATES SALES LIMITED

Contents of the Financial Statements

for the Period Ended 28 February 2023

Balance sheet
Notes

INTIMATES SALES LIMITED

Balance sheet

As at 28 February 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 17,273 23,030
Total fixed assets: 17,273 23,030
Current assets
Debtors: 4 7,366 6,818
Cash at bank and in hand: 2,961 4,557
Investments: 5 553,590 553,590
Total current assets: 563,917 564,965
Creditors: amounts falling due within one year: 6 (48,941) (61,708)
Net current assets (liabilities): 514,976 503,257
Total assets less current liabilities: 532,249 526,287
Provision for liabilities: (3,282) (665)
Total net assets (liabilities): 528,967 525,622
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 528,867 525,522
Shareholders funds: 528,967 525,622

The notes form part of these financial statements

INTIMATES SALES LIMITED

Balance sheet statements

For the year ending 28 February 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 November 2023
and signed on behalf of the board by:

Name: A M CHARLESWORTH
Status: Director

The notes form part of these financial statements

INTIMATES SALES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 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 represents provision of container storage rental facilities up to the balance sheet date.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost less accumulated depreciation. Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life:Plant and Equipment - 25% on written down valueFixtures and Furniture - 25% on written down value

Other accounting policies

Operating Leases:Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit as incurred.Taxation:Taxation represents the sum of tax currently payable and deferred tax. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.Debtors and Creditors Receivable/Payable Within One Year:Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

INTIMATES SALES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

2. Employees

2023 2022
Average number of employees during the period 2 2

INTIMATES SALES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible Assets

Total
Cost £
At 01 March 2022 70,699
At 28 February 2023 70,699
Depreciation
At 01 March 2022 47,669
Charge for year 5,757
At 28 February 2023 53,426
Net book value
At 28 February 2023 17,273
At 28 February 2022 23,030

INTIMATES SALES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 5,216 5,216

INTIMATES SALES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

5. Current investments

The amount included as an investment represents the Company's current account outstanding in Intimates Lingerie LLP as at the balance sheet date.

INTIMATES SALES LIMITED

Notes to the Financial Statements

for the Period Ended 28 February 2023

6. Creditors: amounts falling due within one year note

There are no secured creditors.