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REGISTERED NUMBER: 04761385 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2023

FOR

POTTERY LTD

POTTERY LTD (REGISTERED NUMBER: 04761385)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


POTTERY LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2023







DIRECTOR: I Nussbaum





SECRETARY: Mrs T Nussbaum





REGISTERED OFFICE: 89 Craven Park Road
South Tottenham
London
N15 6AH





REGISTERED NUMBER: 04761385 (England and Wales)





ACCOUNTANTS: Venitt and Greaves
Chartered Accountants
115 Craven Park Road
South Tottenham
London
N15 6BL

POTTERY LTD (REGISTERED NUMBER: 04761385)

STATEMENT OF FINANCIAL POSITION
31 MAY 2023

31.5.23 31.5.22
Notes £    £   
FIXED ASSETS
Tangible assets 4 1,412 1,031

CURRENT ASSETS
Debtors 5 25,761 36,387
Cash at bank 391 501
26,152 36,888
CREDITORS
Amounts falling due within one year 6 (1,923 ) (8,044 )
NET CURRENT ASSETS 24,229 28,844
TOTAL ASSETS LESS CURRENT
LIABILITIES

25,641

29,875

CREDITORS
Amounts falling due after more than one
year

7

(23,398

)

(25,000

)
NET ASSETS 2,243 4,875

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 10 2,242 4,874
SHAREHOLDERS' FUNDS 2,243 4,875

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

POTTERY LTD (REGISTERED NUMBER: 04761385)

STATEMENT OF FINANCIAL POSITION - continued
31 MAY 2023


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 February 2024 and were signed by:





I Nussbaum - Director


POTTERY LTD (REGISTERED NUMBER: 04761385)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MAY 2023

1. STATUTORY INFORMATION

Pottery Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance

3. EMPLOYEES AND DIRECTORS

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

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 June 2022 13,182
Additions 630
At 31 May 2023 13,812
DEPRECIATION
At 1 June 2022 12,151
Charge for year 249
At 31 May 2023 12,400
NET BOOK VALUE
At 31 May 2023 1,412
At 31 May 2022 1,031

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Trade debtors 5,320 5,946
Other debtors 20,441 30,441
25,761 36,387

POTTERY LTD (REGISTERED NUMBER: 04761385)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MAY 2023

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 31.5.22
£    £   
Taxation and social security 636 636
Other creditors 1,287 7,408
1,923 8,044

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 31.5.22
£    £   
Other creditors 23,398 25,000

Amounts falling due in more than five years:

Repayable by instalments
Other loans more 5yrs instal 23,398 25,000

8. SECURED DEBTS

The following secured debts are included within creditors:

31.5.23 31.5.22
£    £   
Other loans 23,398 25,000

Under the bank loan, £23,398 was received under Bounce back Loan Scheme (BBL). The loan is unsecured, interest free for the first year, then capped at 2.5% afterwards and backed by HM Government.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 31.5.22
value: £    £   
1 Ordinary £1 1 1

10. RESERVES
Retained
earnings
£   

At 1 June 2022 4,874
Deficit for the year (2,632 )
At 31 May 2023 2,242

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is I Nussbaum.