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Company Registration No. 12235790 (England and Wales)
With Bling Ltd Unaudited accounts for the year ended 31 December 2023
With Bling Ltd Unaudited accounts Contents
Page
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With Bling Ltd Company Information for the year ended 31 December 2023
Director
Moon Jin Cho
Company Number
12235790 (England and Wales)
Registered Office
89 Leather Lane London EC1N 7TS
Accountants
Selma Felton FCPFA for and behalf of Selma Felton Ltd Trading as On The Spot
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With Bling Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,400 
4,800 
Tangible assets
9,202 
4,066 
11,602 
8,866 
Current assets
Inventories
206,516 
291,109 
Debtors
36,592 
110,492 
Cash at bank and in hand
8,337 
26,794 
251,445 
428,395 
Creditors: amounts falling due within one year
(160,117)
(237,148)
Net current assets
91,328 
191,247 
Total assets less current liabilities
102,930 
200,113 
Creditors: amounts falling due after more than one year
(35,387)
- 
Net assets
67,543 
200,113 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
67,542 
200,112 
Shareholders' funds
67,543 
200,113 
For the year ending 31 December 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 16 April 2024 and were signed on its behalf by
Moon Jin Cho Director Company Registration No. 12235790
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With Bling Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
With Bling Ltd is a private company, limited by shares, registered in England and Wales, registration number 12235790. The registered office is 89 Leather Lane, London, EC1N 7TS.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised on a straight line basis over its estimated useful economic life of 5 years.
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:
Plant & machinery
25% straight line basis
Fixtures & fittings
25% straight line basis
Computer equipment
25% straight line basis
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
12,000 
At 31 December 2023
12,000 
Amortisation
At 1 January 2023
7,200 
Charge for the year
2,400 
At 31 December 2023
9,600 
Net book value
At 31 December 2023
2,400 
At 31 December 2022
4,800 
Goodwill is amortised on a straight line basis over its useful economic life of 5 years.
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With Bling Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2023
- 
- 
6,143 
6,143 
Additions
2,202 
2,867 
1,988 
7,057 
At 31 December 2023
2,202 
2,867 
8,131 
13,200 
Depreciation
At 1 January 2023
- 
- 
2,077 
2,077 
Charge for the year
132 
113 
1,676 
1,921 
At 31 December 2023
132 
113 
3,753 
3,998 
Net book value
At 31 December 2023
2,070 
2,754 
4,378 
9,202 
At 31 December 2022
- 
- 
4,066 
4,066 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
31,007 
109,435 
Accrued income and prepayments
5,585 
1,057 
36,592 
110,492 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
24,167 
34,167 
VAT
57,173 
69,321 
Taxes and social security
60,413 
115,634 
Other creditors
14,586 
11,643 
Loans from directors
601 
71 
Accruals
3,177 
6,312 
160,117 
237,148 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Other creditors
35,387 
- 
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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