Company Registration No. 13425214 (England and Wales)
Loom Designs Limited
Unaudited accounts
for the year ended 31 May 2023
Loom Designs Limited
Annual report and unaudited accounts
for the year ended 31 May 2023
Loom Designs Limited
Company Information
for the year ended 31 May 2023
Directors
Mrs Gaynor French
Mr Richard French
Company Number
13425214 (England and Wales)
Registered Office
HOME FARM
WEST CRANMORE
SHEPTON MALLET
BA4 4QS
ENGLAND
Accountants
BMG Accountancy Services Ltd
5 Commercial Road
Shepton Mallet
Somerset
BA4 5BU
Loom Designs Limited
Accountants' report
Accountants' report to the board of directors of Loom Designs Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Loom Designs Limited for the year ended
31 May 2023 as set out on pages
5 -
5 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Loom Designs Limited, as a body, in accordance with the terms of our engagement letter dated 7 February 2023. Our work has been undertaken solely to prepare for your approval the accounts of Loom Designs Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Loom Designs Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Loom Designs Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of Loom Designs Limited. You consider that Loom Designs Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Loom Designs Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
BMG Accountancy Services Ltd
5 Commercial Road
Shepton Mallet
Somerset
BA4 5BU
12 February 2024
Loom Designs Limited
Statement of Financial Position
as at 31 May 2023
Current assets
12,500
3,333
Creditors: amounts falling due within one year
(38,493)
(22,723)
Net current liabilities
(25,993)
(19,390)
Total assets less current liabilities
(25,993)
(19,390)
Net liabilities
(25,993)
(19,390)
Capital and reserves
(25,993)
(19,390)
Loom Designs Limited is a private company, limited by shares, registered in England and Wales, registration number 13425214. The registered office is HOME FARM, WEST CRANMORE, SHEPTON MALLET, BA4 4QS, ENGLAND.
2 Average number of employees
During the year the average number of employees was 0 (2022: 0).
For the year ending 31 May 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 12 February 2024
Mr Richard French
Director
Company Registration No. 13425214