1 January 2023 false No description of principal activity Taxfiler 2023.10 11136423business:PrivateLimitedCompanyLtd2023-01-012023-12-31 111364232022-12-31 111364232023-01-012023-12-31 11136423business:AuditExempt-NoAccountantsReport2023-01-012023-12-31 11136423business:FilletedAccounts2023-01-012023-12-31 111364232023-12-31 11136423business:Director12023-01-012023-12-31 11136423business:RegisteredOffice2023-01-012023-12-31 111364232022-12-31 11136423core:WithinOneYear2023-12-31 11136423core:WithinOneYear2022-12-31 11136423core:AfterOneYear2023-12-31 11136423core:AfterOneYear2022-12-31 11136423core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 11136423core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 11136423core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 11136423core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 11136423core:PreviouslyStatedAmount2023-12-31 11136423core:PreviouslyStatedAmount2022-12-31 11136423business:SmallEntities2023-01-012023-12-31 11136423countries:EnglandWales2023-01-012023-12-31 111364232022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. 11136423 (England and Wales)
The Factory 1 Ltd Unaudited accounts for the year ended 31 December 2023
The Factory 1 Ltd Unaudited accounts Contents
Page
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The Factory 1 Ltd Company Information for the year ended 31 December 2023
Director
Loreta BRAMI
Company Number
11136423 (England and Wales)
Registered Office
85b Rushey Green Catford SE6 4AF England
Accountants
AMCO Accountants Limited 192 Haydons Road Wimbledon London SW19 8TR
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The Factory 1 Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
671 
1,263 
Cash at bank and in hand
696 
12,009 
1,367 
13,272 
Creditors: amounts falling due within one year
(3,037)
(7,764)
Net current (liabilities)/assets
(1,670)
5,508 
Total assets less current liabilities
(1,670)
5,508 
Creditors: amounts falling due after more than one year
(19,649)
(27,782)
Net liabilities
(21,319)
(22,274)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(21,320)
(22,275)
Shareholders' funds
(21,319)
(22,274)
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 1 February 2024 and were signed on its behalf by
Loreta BRAMI Director Company Registration No. 11136423
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The Factory 1 Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
The Factory 1 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11136423. The registered office is 85b Rushey Green, Catford, SE6 4AF, England.
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.
4
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
3,037 
7,764 
5
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,649 
27,782 
6
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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