Bluebell Retail Ltd 08348427 Online clothing retailer false 1 January 2023 08348427 2023-01-01 2023-12-31 08348427 2022-12-31 08348427 2023-12-31 08348427 2022-01-01 2022-12-31 08348427 2021-12-31 08348427 2022-12-31 08348427 frs102-bus:FRS102 2023-01-01 2023-12-31 08348427 frs102-bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08348427 frs102-bus:FullAccounts 2023-01-01 2023-12-31 08348427 frs102-bus:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 08348427 frs102-core:CurrentFinancialInstruments 2023-12-31 08348427 frs102-core:CurrentFinancialInstruments 2022-12-31 08348427 frs102-core:ShareCapital 2023-12-31 08348427 frs102-core:ShareCapital 2022-12-31 08348427 frs102-core:RetainedEarningsAccumulatedLosses 2023-12-31 08348427 frs102-core:RetainedEarningsAccumulatedLosses 2022-12-31 08348427 frs102-bus:Director1 2023-01-01 2023-12-31 xbrli:pure iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares
Registered number
08348427
Bluebell Retail Ltd
Unaudited Accounts
for the year ended
31 December 2023
Bluebell Retail Ltd
Balance Sheet
as at 31 December 2023
Notes
2023
£
2022
£
Fixed assets
Intangible assets 0 530
0 530
Current assets
Stocks 178,716 290,041
Debtors 316,040 372,582
Cash at bank and in hand 60,958 56,159
555,714 718,782
Prepayments and accrued income: 5,479 5,945
Creditors: amounts falling due within one year (155,867) (186,832)
Net current assets / (liabilities) 405,326 537,895
Total assets less current liabilities 405,326 538,425
Provisions for liabilities (0) (0)
Accruals and deferred income (2,625) (5,518)
Total net assets (liabilities) 402,701 532,907
Capital and reserves
Called up share capital 2 2
Profit and loss account 402,699 532,905
Shareholders' funds 402,701 532,907

Bluebell Retail Ltd
Balance Sheet
as at 31 December 2023



These accounts have been prepared and delivered in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

The directors have not delivered a copy of the company's Profit and Loss account as permitted by s444(5A) of the Companies Act 2006.

For the year ending 31 December 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.

Signed on behalf of the board of directors

...............................

Mr B Beardsmore

Director


Approved by the board on 6 August 2024

Company Number: 08348427 (a Private Company Limited by Shares registered in England and Wales)

Registered Office:

Unit 9, Woodmore Court
Longfields Road
Barnsley
S71 3HT
England

Bluebell Retail Ltd
Notes to the Accounts
for the year ended 31 December 2023

1. Accounting policies

Basis of preparation of financial statements
These financial statements have been prepared under the historic cost convention in accordance with the accounting policies set out below and with section 1A of FRS 102, the Financial Reporting Standard applicable in the UK and Republic of Ireland, and the Companies Act 2006. The presentation currency is sterling.
Going concern basis
The accounts have been prepared on the assumption that the company is able to carry on business as a going concern for the foreseeable future.
Revenue recognition
Revenue is measured at the fair value of the consideration received or receivable. Revenue is reduced for estimated customer returns, rebates and other similar allowances. Revenue from the sale of goods is recognised when goods are delivered and legal title has passed.
Tangible fixed assets depreciation policy
Tangible fixed assets are stated at cost less accumulated depreciation and impairment losses. Depreciation is provided, after taking account of any grants receivable, at rates calculated to write off the cost of fixed assets, less the estimated residual value, over their estimated useful lives.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives.
Stocks
Stocks are valued at the lower of cost and net realisable value after taking into account costs of completion and sale. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads. The amount of any write-down to net realisable value, and all losses of stock, are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down is recognised as a reduction in the amount of stock expensed in the period in which the reversal occurs.
Deferred taxation
Taxation represents the sum of tax currently payable and deferred tax. Current tax is calculated using tax rates that have been enacted or substantially enacted at the end of the reporting period. Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or a right to pay less) tax at a future date, at the tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of part of the asset to be recovered.
Foreign currencies
Transactions in foreign currencies other than the functional currency of the company are recorded at the rate of exchange on the date the transaction occurred. Monetary assets and liabilities in foreign currencies are translated at the rates prevailing at the end of the reporting period. All differences are taken to the profit and loss account. Non-monetary items measured at historic cost in a foreign currency are recorded at that historic value.
Pensions
The company operates a defined contribution pension scheme, with contributions charged to the profit and loss account for the year in which they are payable to the scheme.
2. Employees
2023 2022
Average number of employees during the period 7 7