IRIS Accounts Production v23.3.1.45 09315846 director 1.1.23 31.12.23 31.12.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh093158462022-12-31093158462023-12-31093158462023-01-012023-12-31093158462021-12-31093158462022-01-012022-12-31093158462022-12-3109315846ns10:Originalns15:EnglandWales2023-01-012023-12-3109315846ns14:PoundSterlingns10:Original2023-01-012023-12-3109315846ns10:Originalns10:Director12023-01-012023-12-3109315846ns10:Original2023-01-012023-12-3109315846ns10:Original2023-12-3109315846ns10:Originalns10:PrivateLimitedCompanyLtd2023-01-012023-12-3109315846ns10:Originalns10:SmallEntities2023-01-012023-12-3109315846ns10:Originalns10:AuditExempt-NoAccountantsReport2023-01-012023-12-3109315846ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2023-01-012023-12-3109315846ns10:SmallCompaniesRegimeForAccountsns10:Original2023-01-012023-12-3109315846ns10:Originalns10:FullAccounts2023-01-012023-12-3109315846ns10:Originalns10:RegisteredOffice2023-01-012023-12-3109315846ns10:Original2022-12-3109315846ns10:Originalns5:CurrentFinancialInstruments2023-12-3109315846ns10:Originalns5:CurrentFinancialInstruments2022-12-3109315846ns5:ShareCapitalns10:Original2023-12-3109315846ns5:ShareCapitalns10:Original2022-12-3109315846ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-12-3109315846ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3109315846ns10:Originalns5:PlantMachinery2023-01-012023-12-3109315846ns10:Originalns5:FurnitureFittings2023-01-012023-12-3109315846ns10:Originalns5:ComputerEquipment2023-01-012023-12-3109315846ns10:Original2022-01-012022-12-3109315846ns10:Originalns5:PlantMachinery2022-12-3109315846ns10:Originalns5:FurnitureFittings2022-12-3109315846ns10:Originalns5:ComputerEquipment2022-12-3109315846ns10:Original2022-12-3109315846ns10:Originalns5:PlantMachinery2023-12-3109315846ns10:Originalns5:FurnitureFittings2023-12-3109315846ns10:Originalns5:ComputerEquipment2023-12-3109315846ns10:Originalns5:PlantMachinery2022-12-3109315846ns10:Originalns5:FurnitureFittings2022-12-3109315846ns10:Originalns5:ComputerEquipment2022-12-3109315846ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-12-3109315846ns10:Originalns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-12-3109315846ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3109315846ns10:Originalns5:RetainedEarningsAccumulatedLosses2023-01-012023-12-31
REGISTERED NUMBER: 09315846 (England and Wales)















PETTICOAT LANE EMPORIUM LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023






PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


PETTICOAT LANE EMPORIUM LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTOR: R Tozer





REGISTERED OFFICE: 47 Dumpton Park Drive
Ramsgate
Kent
CT11 8AD





REGISTERED NUMBER: 09315846 (England and Wales)





ACCOUNTANTS: Spurling Cannon
Chartered Certified Accountants
424 Margate Road
Westwood
Ramsgate
Kent
CT12 6SJ

PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

BALANCE SHEET
31 DECEMBER 2023

2023 2022
Notes £    £   
FIXED ASSETS
Tangible assets 4 12,120 16,828

CURRENT ASSETS
Debtors 5 42,109 39,012
Cash at bank 106,995 119,375
149,104 158,387
CREDITORS
Amounts falling due within one year 6 (95,856 ) (126,304 )
NET CURRENT ASSETS 53,248 32,083
TOTAL ASSETS LESS CURRENT
LIABILITIES

65,368

48,911

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 7 65,366 48,909
SHAREHOLDERS' FUNDS 65,368 48,911

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 director acknowledges his 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 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 13 February 2024 and were signed by:





R Tozer - Director


PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Petticoat Lane Emporium Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixture & Fittings - 25% on reducing balance
Computer equipment - 33% on cost

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Plant and Fixture & Computer
machinery Fittings equipment Totals
£    £    £    £   
COST
At 1 January 2023
and 31 December 2023 26,408 235 6,431 33,074
DEPRECIATION
At 1 January 2023 11,450 212 4,584 16,246
Charge for year 3,739 6 963 4,708
At 31 December 2023 15,189 218 5,547 20,954
NET BOOK VALUE
At 31 December 2023 11,219 17 884 12,120
At 31 December 2022 14,958 23 1,847 16,828

PETTICOAT LANE EMPORIUM LIMITED (REGISTERED NUMBER: 09315846)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 31,679 29,000
Other debtors 10,430 10,012
42,109 39,012

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 29,339 24,565
Taxation and social security 5,608 8,142
Other creditors 60,909 93,597
95,856 126,304

7. RESERVES
Retained
earnings
£   

At 1 January 2023 48,909
Profit for the year 18,457
Dividends (2,000 )
At 31 December 2023 65,366