Bubble Five Ltd
Company Information
for the year ended 31 October 2023
Company Number
08729449 (England and Wales)
Registered Office
Dutton Lodge Farm Cottage
Lodge Lane, Dutton
Warrington
Cheshire
WA4 4HW
Accountants
Tetley Tax Limited trading as Tetley Tax Consultants
58 Hambling Drive
Beverley
HU17 9GD
Bubble Five Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
26,131
29,838
Cash at bank and in hand
326
2,008
Creditors: amounts falling due within one year
(19,814)
(26,104)
Net current liabilities
(15,488)
(20,096)
Total assets less current liabilities
10,643
9,742
Creditors: amounts falling due after more than one year
(13,345)
(18,333)
Net liabilities
(2,702)
(8,591)
Called up share capital
3
3
Profit and loss account
(2,705)
(8,594)
Shareholders' funds
(2,702)
(8,591)
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 29 November 2023 and were signed on its behalf by
D M Tetley
Director
Company Registration No. 08729449
Bubble Five Ltd
Notes to the Accounts
for the year ended 31 October 2023
Bubble Five Ltd is a private company, limited by shares, registered in England and Wales, registration number 08729449. The registered office is Dutton Lodge Farm Cottage, Lodge Lane, Dutton, Warrington, Cheshire, WA4 4HW.
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.
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:
Land and buildings - on cost 5%
Plant and machinery - reducing balance 15%
Fixtures and fittings - reducing balance 15%
Office equipment - reducing balance 20%
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 November 2022
30,225
14,965
8,400
10,593
64,183
At 31 October 2023
30,225
14,965
8,400
10,593
64,183
At 1 November 2022
13,599
8,788
4,099
7,859
34,345
Charge for the year
1,511
926
860
410
3,707
At 31 October 2023
15,110
9,714
4,959
8,269
38,052
At 31 October 2023
15,115
5,251
3,441
2,324
26,131
At 31 October 2022
16,626
6,177
4,301
2,734
29,838
Bubble Five Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Creditors: amounts falling due within one year
2023
2022
Trade creditors
14,197
15,151
Taxes and social security
4,546
6,849
Loans from directors
766
3,904
6
Creditors: amounts falling due after more than one year
2023
2022
Taxes and social security
12
-
7
Average number of employees
During the year the average number of employees was 5 (2022: 5).