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REGISTERED NUMBER: 07687911 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

LIBBY SMITH LIMITED

LIBBY SMITH LIMITED (REGISTERED NUMBER: 07687911)






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




Page

Balance Sheet 1


LIBBY SMITH LIMITED (REGISTERED NUMBER: 07687911)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
£ £
FIXED ASSETS 30,459 38,195

CURRENT ASSETS 80,618 68,841

CREDITORS
Amounts falling due within one year (55,938 ) (41,298 )
NET CURRENT ASSETS 24,680 27,543
TOTAL ASSETS LESS CURRENT
LIABILITIES

55,139

65,738

CREDITORS
Amounts falling due after more than
one year

(53,577

)

(64,946

)
NET ASSETS 1,562 792

CAPITAL AND RESERVES 1,562 792

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Libby Smith Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07687911

Registered office: Riverside Building
New Bailey Street
Salford
M3 5FS

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2022 - 2 ) .

LIBBY SMITH LIMITED (REGISTERED NUMBER: 07687911)

BALANCE SHEET - continued
31 DECEMBER 2023

NOTES TO THE FINANCIAL STATEMENTS

3. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2023 and 31 December 2022:

2023 2022
£ £
Ms E H Smith
Balance outstanding at start of year 13,560 11,386
Amounts advanced 33,696 31,837
Amounts repaid (39,064 ) (29,663 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 8,192 13,560

Mr B J Wood
Balance outstanding at start of year 13,561 11,386
Amounts advanced 33,029 31,838
Amounts repaid (38,977 ) (29,663 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 7,613 13,561

4. OTHER FINANCIAL COMMITMENTS

At the year end the company had financial commitments of £71,272 in respect of rent and £74,751 in respect of equipment rental.



LIBBY SMITH LIMITED (REGISTERED NUMBER: 07687911)

BALANCE SHEET - continued
31 DECEMBER 2023


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

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

The directors acknowledge their 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.

The financial statements have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 19 April 2024 and were signed on its behalf by:




Ms E H Smith - Director



Mr B J Wood - Director