LONGS BAIT & TACKLE LTD

Company Registration Number:
13462222 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2023

Period of accounts

Start date: 01 July 2022

End date: 30 June 2023

LONGS BAIT & TACKLE LTD

Contents of the Financial Statements

for the Period Ended 30 June 2023

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

LONGS BAIT & TACKLE LTD

Company Information

for the Period Ended 30 June 2023




Director: KEVIN LONG
EMMA LONG
Registered office: 8
Coronation Crescent
Lane End
High Wycombe
Buckinghamshire
GBR
HP14 3DX
Company Registration Number: 13462222 (England and Wales)

LONGS BAIT & TACKLE LTD

Directors' Report Period Ended 30 June 2023

The directors present their report with the financial statements of the company for the period ended 30 June 2023

Principal Activities

Fishing tackle shop

Directors

The directors shown below have held office during the whole of the period from 01 July 2022 to 30 June 2023
KEVIN LONG
EMMA LONG

This report was approved by the board of directors on 22 February 2024
And Signed On Behalf Of The Board By:

Name: KEVIN LONG
Status: Director

LONGS BAIT & TACKLE LTD

Profit and Loss Account

for the Period Ended 30 June 2023


Notes

2023
£

2022
£
Turnover 66,422 12,398
Cost of sales ( 89,360 ) ( 55,165 )
Gross Profit or (Loss) ( 22,938 ) ( 42,767 )
Administrative Expenses ( 10,349 ) ( 5,579 )
Operating Profit or (Loss) ( 33,287 ) ( 48,346 )
Profit or (Loss) Before Tax ( 33,287 ) ( 48,346 )
Profit or (Loss) for Period ( 33,287 ) ( 48,346 )

The notes form part of these financial statements

LONGS BAIT & TACKLE LTD

Balance sheet

As at 30 June 2023


Notes

2023
£

2022
£
Fixed assets
Tangible assets: 4 749 749
Total fixed assets: 749 749
Current assets
Stocks: 50,470 17,077
Cash at bank and in hand: 1,828
Total current assets: 52,298 17,077
Net current assets (liabilities): 52,298 17,077
Total assets less current liabilities: 53,047 17,826
Creditors: amounts falling due after more than one year: 5 ( 2,500 )
Total net assets (liabilities): 50,547 17,826

The notes form part of these financial statements

LONGS BAIT & TACKLE LTD

Balance sheet continued

As at 30 June 2023


Notes

2023
£

2022
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 50,447 17,726
Shareholders funds: 50,547 17,826

For the year ending 30 June 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 22 February 2024
And Signed On Behalf Of The Board By:

Name: KEVIN LONG
Status: Director

The notes form part of these financial statements

LONGS BAIT & TACKLE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LONGS BAIT & TACKLE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 2. Employees


    2023

    2022
    Average number of employees during the period 0 0

LONGS BAIT & TACKLE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

  • 3. Off balance sheet disclosure

    No

LONGS BAIT & TACKLE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

4. Tangible assets

Office equipment Total
Cost £ £
At 01 July 2022 749 749
Additions - -
Disposals - -
Revaluations - -
Transfers - -
At 30 June 2023 749 749
Depreciation
At 01 July 2022 - -
Charge for year - -
On disposals - -
Other adjustments - -
At 30 June 2023 - -
Net book value
At 30 June 2023 749 749
At 30 June 2022 749 749

LONGS BAIT & TACKLE LTD

Notes to the Financial Statements

for the Period Ended 30 June 2023

5.Creditors: amounts falling due after more than one year


2023
£

2022
£
Other creditors 2,500
Total 2,500