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
With Bling Ltd
Company Information
for the year ended 31 December 2023
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
With Bling Ltd
Statement of financial position
as at 31 December 2023
Intangible assets
2,400
4,800
Tangible assets
9,202
4,066
Inventories
206,516
291,109
Cash at bank and in hand
8,337
26,794
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)
-
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
With Bling Ltd
Notes to the Accounts
for the year ended 31 December 2023
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
At 31 December 2023
12,000
Goodwill is amortised on a straight line basis over its useful economic life of 5 years.
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
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
At 31 December 2023
2,070
2,754
4,378
9,202
At 31 December 2022
-
-
4,066
4,066
Amounts falling due within one year
Trade debtors
31,007
109,435
Accrued income and prepayments
5,585
1,057
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
24,167
34,167
Taxes and social security
60,413
115,634
Other creditors
14,586
11,643
Loans from directors
601
71
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 5 (2022: 5).