Company Registration No. 09913989 (England and Wales)
Trimming Shop Group Limited
Unaudited accounts
for the year ended 31 December 2023
Trimming Shop Group Limited
Unaudited accounts
Contents
Trimming Shop Group Limited
Company Information
for the year ended 31 December 2023
Director
Patel Vanisha Babu
Company Number
09913989 (England and Wales)
Registered Office
116 LANCASTER DRIVE
HORNCHURCH
RM12 5SL
UNITED KINGDOM
Trimming Shop Group Limited
Statement of financial position
as at 31 December 2023
Tangible assets
4,064
5,080
Inventories
608,838
529,852
Cash at bank and in hand
176,778
7,711
Creditors: amounts falling due within one year
(423,574)
(62,259)
Net current assets
626,168
696,630
Total assets less current liabilities
630,246
701,865
Creditors: amounts falling due after more than one year
(136,755)
(207,513)
Net assets
493,491
494,352
Called up share capital
100
100
Profit and loss account
493,391
494,252
Shareholders' funds
493,491
494,352
For the year ending 31 December 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 director acknowledges her 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 and authorised for issue on 11 July 2024 and were signed on its behalf by
Patel Vanisha Babu
Director
Company Registration No. 09913989
Trimming Shop Group Limited
Notes to the Accounts
for the year ended 31 December 2023
Trimming Shop Group Limited is a private company, limited by shares, registered in England and Wales, registration number 09913989. The registered office is 116 LANCASTER DRIVE, HORNCHURCH, RM12 5SL, UNITED KINGDOM.
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.
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
20% on reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Trimming Shop Group Limited
Notes to the Accounts
for the year ended 31 December 2023
5
Tangible fixed assets
Fixtures & fittings
At 31 December 2023
22,409
At 31 December 2023
18,345
Amounts falling due within one year
Trade debtors
91,862
48,944
Accrued income and prepayments
280
398
Other debtors
171,984
171,984
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
18,404
3,035
Trade creditors
330,362
1,253
Taxes and social security
4,569
4,220
Other creditors
7,561
14,481
Loans from directors
28,780
15,414
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
112,588
173,346
As at the end of accounting year end director has a credit balance of £15,414.
10
Average number of employees
During the year the average number of employees was 1 (2022: 1).