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REGISTERED NUMBER: 08088796 (England and Wales)























Unaudited Financial Statements

for the Year Ended 30 June 2023

for

Spotty Green Frog Ltd

Spotty Green Frog Ltd (Registered number: 08088796)

Contents of the Financial Statements
for the Year Ended 30 June 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Spotty Green Frog Ltd

Company Information
for the Year Ended 30 June 2023







DIRECTOR: Mr A Wallin





REGISTERED OFFICE: BTC House
Chapel Hill
Longridge
Preston
Lancashire
PR3 3JY





REGISTERED NUMBER: 08088796 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Spotty Green Frog Ltd (Registered number: 08088796)

Statement of Financial Position
30 June 2023

30.6.23 30.6.22
Notes £    £   
CURRENT ASSETS
Stocks 38,211 59,246
Debtors 6 14,319 5,905
52,530 65,151
CREDITORS
Amounts falling due within one year 7 38,275 39,446
NET CURRENT ASSETS 14,255 25,705
TOTAL ASSETS LESS CURRENT
LIABILITIES

14,255

25,705

CREDITORS
Amounts falling due after more than one
year

8

36,749

39,406
NET LIABILITIES (22,494 ) (13,701 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (22,496 ) (13,703 )
SHAREHOLDERS' FUNDS (22,494 ) (13,701 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 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.

Spotty Green Frog Ltd (Registered number: 08088796)

Statement of Financial Position - continued
30 June 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 28 March 2024 and were signed by:





Mr A Wallin - Director


Spotty Green Frog Ltd (Registered number: 08088796)

Notes to the Financial Statements
for the Year Ended 30 June 2023


1. STATUTORY INFORMATION

Spotty Green Frog 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.

2. ACCOUNTING POLICIES

Going concern
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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Computer equipment - 33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Spotty Green Frog Ltd (Registered number: 08088796)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

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

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 June 2023 20,000
AMORTISATION
At 1 July 2022
and 30 June 2023 20,000
NET BOOK VALUE
At 30 June 2023 -
At 30 June 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 July 2022
and 30 June 2023 3,823 958 4,781
DEPRECIATION
At 1 July 2022
and 30 June 2023 3,823 958 4,781
NET BOOK VALUE
At 30 June 2023 - - -
At 30 June 2022 - - -

Spotty Green Frog Ltd (Registered number: 08088796)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Trade debtors (5,891 ) 5,905
Other debtors 20,210 -
14,319 5,905

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.23 30.6.22
£    £   
Bank loans and overdrafts 23,053 26,369
Trade creditors 9,971 7,314
Taxation and social security 4,251 4,638
Other creditors 1,000 1,125
38,275 39,446

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.23 30.6.22
£    £   
Bank loans 36,749 39,406

9. SECURED DEBTS

The following secured debts are included within creditors:

30.6.23 30.6.22
£    £   
Bank loans 41,970 44,561

The UK Government have provided a 100% guarantee on the Bounce Back Loan Scheme (BBLS), borrowings obtained from HSBC UK.

Spotty Green Frog Ltd (Registered number: 08088796)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2023


10. RELATED PARTY DISCLOSURES

R J Retail Ltd, a company in which Mr A Wallin is also director, bought the share capital of Spotty Green Frog Ltd from Mr A Wallin on 5 April 2018 for £12,000.

In the year Spotty Green Frog Ltd received £5,000 management fees from R J Retail Ltd.

During the year Spotty Green Frog Ltd sold goods to R J Retail Ltd totalling £157,815. The balance owing from R J Retail Ltd included in trade debtors at the year end was £5,615 Cr.