SIESTA CRAFTS LIMITED

Company Registration Number:
04852622 (England and Wales)

Unaudited abridged accounts for the year ended 31 July 2023

Period of accounts

Start date: 01 August 2022

End date: 31 July 2023

SIESTA CRAFTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 July 2023

Balance sheet
Notes

SIESTA CRAFTS LIMITED

Balance sheet

As at 31 July 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 86,835 55,843
Total fixed assets: 86,835 55,843
Current assets
Stocks: 646,885 607,285
Debtors:   303,241 238,723
Cash at bank and in hand: 1,832,893 1,724,764
Total current assets: 2,783,019 2,570,772
Creditors: amounts falling due within one year:   (217,608) (235,489)
Net current assets (liabilities): 2,565,411 2,335,283
Total assets less current liabilities: 2,652,246 2,391,126
Total net assets (liabilities): 2,652,246 2,391,126
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 2,652,146 2,391,026
Shareholders funds: 2,652,246 2,391,126

The notes form part of these financial statements

SIESTA CRAFTS LIMITED

Balance sheet statements

For the year ending 31 July 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 03 November 2023
and signed on behalf of the board by:

Name: L D Harper
Status: Director

The notes form part of these financial statements

SIESTA CRAFTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 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 the net sales of services for the year

Tangible fixed assets and depreciation policy

Depreciation is charged at rates in order to write off each asset over its estimated useful life

SIESTA CRAFTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

2. Employees

2023 2022
Average number of employees during the period 24 21

SIESTA CRAFTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 July 2023

3. Tangible Assets

Total
Cost £
At 01 August 2022 97,921
Additions 41,640
Disposals (18,424)
At 31 July 2023 121,137
Depreciation
At 01 August 2022 42,078
Charge for year 10,458
On disposals (18,234)
At 31 July 2023 34,302
Net book value
At 31 July 2023 86,835
At 31 July 2022 55,843