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Company Registration No. 8957437 (England and Wales)
Ladybirds (Barnstaple) Limited Unaudited accounts for the year ended 31 March 2023
Ladybirds (Barnstaple) Limited Unaudited accounts Contents
Page
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Ladybirds (Barnstaple) Limited Company Information for the year ended 31 March 2023
Directors
C Hibbard T Hibbard
Company Number
8957437 (England and Wales)
Registered Office
Ladybirds (Barnstaple) Ltd Pilton Causeway BARNSTAPLE EX32 7AA
Accountants
North Devon Accounts 4 Cross Tree Centre Caen Street Braunton Devon EX33 1AA
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Ladybirds (Barnstaple) Limited Statement of financial position as at 31 March 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
39,938 
48,704 
Current assets
Debtors
100,104 
17,295 
Creditors: amounts falling due within one year
(98,229)
(20,088)
Net current assets/(liabilities)
1,875 
(2,793)
Total assets less current liabilities
41,813 
45,911 
Creditors: amounts falling due after more than one year
(41,495)
(45,860)
Net assets
318 
51 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
316 
49 
Shareholders' funds
318 
51 
For the year ending 31 March 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 7 May 2024 and were signed on its behalf by
T Hibbard Director Company Registration No. 8957437
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Ladybirds (Barnstaple) Limited Notes to the Accounts for the year ended 31 March 2023
1
Statutory information
Ladybirds (Barnstaple) Limited is a private company, limited by shares, registered in England and Wales, registration number 8957437. The registered office is Ladybirds (Barnstaple) Ltd, Pilton Causeway, BARNSTAPLE, EX32 7AA.
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.
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:
Fixtures & fittings
18%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2022
14,073 
93,648 
107,721 
At 31 March 2023
14,073 
93,648 
107,721 
Depreciation
At 1 April 2022
7,710 
51,307 
59,017 
Charge for the year
1,145 
7,621 
8,766 
At 31 March 2023
8,855 
58,928 
67,783 
Net book value
At 31 March 2023
5,218 
34,720 
39,938 
At 31 March 2022
6,363 
42,341 
48,704 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,081 
7,852 
Other debtors
97,023 
9,443 
100,104 
17,295 
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Ladybirds (Barnstaple) Limited Notes to the Accounts for the year ended 31 March 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
58,717 
24,313 
Trade creditors
34,080 
22,792 
Taxes and social security
33,447 
33,020 
Loans from directors
(28,015)
(60,037)
98,229 
20,088 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
41,495 
45,860 
8
Average number of employees
During the year the average number of employees was 20 (2022: 20).
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