Company Registration No. 11489998 (England and Wales)
Allotment Fashion Ltd
Unaudited accounts
for the year ended 30 June 2023
Allotment Fashion Ltd
Unaudited accounts
Contents
Allotment Fashion Ltd
Company Information
for the year ended 30 June 2023
Directors
Kirsten Thompson
David Thompson
Company Number
11489998 (England and Wales)
Registered Office
Prockters Farm
West Monkton
Taunton
TA2 8QN
Accountants
Blue Penguin Chartered Accountants
16 Claremont Drive
Taunton
Somerset
TA1 4JF
Allotment Fashion Ltd
Statement of financial position
as at 30 June 2023
Intangible assets
640
1,280
Cash at bank and in hand
25,928
23,247
Creditors: amounts falling due within one year
(30,051)
(41,272)
Net current assets
18,976
16,122
Called up share capital
1
1
Profit and loss account
20,331
18,387
Shareholders' funds
20,332
18,388
For the year ending 30 June 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 directors acknowledge their 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 of Directors and authorised for issue on 24 January 2024 and were signed on its behalf by
Kirsten Thompson
Director
Company Registration No. 11489998
Allotment Fashion Ltd
Notes to the Accounts
for the year ended 30 June 2023
Allotment Fashion Ltd is a private company, limited by shares, registered in England and Wales, registration number 11489998. The registered office is Prockters Farm, West Monkton, Taunton, TA2 8QN.
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 are included at cost less accumulated amortisation, and written off over five 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
20% Straight Line
4
Intangible fixed assets
Other
Intangible assets relate to the company's website, which is being written off over its useful economic life of five years.
Allotment Fashion Ltd
Notes to the Accounts
for the year ended 30 June 2023
5
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
1,999
6,379
Taxes and social security
744
675
Loans from directors
15,666
25,535
7
Average number of employees
During the year the average number of employees was 2 (2022: 3).