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REGISTERED NUMBER: 12106594 (England and Wales)


















Unaudited Financial Statements for the Year Ended 28 February 2023

for

Michele Hope By Design Limited

Michele Hope By Design Limited (Registered number: 12106594)






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Balance Sheet 1

Notes to the Financial Statements 2


Michele Hope By Design Limited (Registered number: 12106594)

Balance Sheet
28 February 2023

2023 2022
Notes £    £   
FIXED ASSETS
Investments 4 585,728 585,728

CURRENT ASSETS
Debtors 5 10,238 17,281

CREDITORS
Amounts falling due within one year 6 (383,851 ) (360,878 )
NET CURRENT LIABILITIES (373,613 ) (343,597 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

212,115

242,131

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 211,915 241,931
212,115 242,131

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 6 February 2024 and were signed by:





Ms M S Hope - Director


Michele Hope By Design Limited (Registered number: 12106594)

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Michele Hope By Design Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 12106594

Registered office: 20 Wenlock Road
London
N1 7GU

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.

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Going concern
The balance sheet at the end of the year recorded net current liabilities. However, the director believes that sufficient financial resources are available to the company to enable it to continue trading into the foreseeable future. Therefore, the financial statements have been prepared on a going concern basis.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2022 - 2 ) .

4. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2022
and 28 February 2023 585,728
NET BOOK VALUE
At 28 February 2023 585,728
At 28 February 2022 585,728

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed by group undertakings 10,238 17,281

Michele Hope By Design Limited (Registered number: 12106594)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Amounts owed to related parties - 47,288
Other creditors 2,641 1,971
Directors' loan accounts 381,210 311,619
383,851 360,878