2023-02-01 2024-01-31 00565960 Sleepwell Limited false 00565960 2023-02-01 2024-01-31 00565960 uk-bus:Director1 2023-02-01 2024-01-31 00565960 uk-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 00565960 uk-bus:SmallEntities 2023-02-01 2024-01-31 00565960 uk-bus:FullAccounts 2023-02-01 2024-01-31 00565960 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 00565960 2023-02-01 00565960 2024-01-31 00565960 2023-01-31 xbrli:pure iso4217:GBP 00565960 2022-02-01 2023-01-31
Company Registration Number : 00565960 (England and Wales)
00565960
This company is a private limited company
This company sells stuff to other companies
The company was trading for the entire period
Full Accounts
2024-01-31
false
Sleepwell Limited
The accounts were prepared in accordance with FRS102A
The accounts have been audited
2023-02-01
Sleepwell Limited
Unaudited filleted financial statements
For the year ended 31 January 2024
Sleepwell Limited
Contents
For the year ended 31 January 2024

CONTENTS PAGE
Company Information 3
Statement of Financial Position 4
Notes to the Financial Statements 5 - 6


Sleepwell Limited
Company Information
For the year ended 31 January 2024

Company registration number 00565960 (England and Wales)
Directors Paulo Macieira
Julie Macieira
Company secretary Julie Macieira
Registered office address 11 Church St
Seaham
SR7 7HQ
Accountant Eric Southwick & Co Accountants Ltd
Chartered Management Accountants
51 The Avenue
Seaham
SR7 8NS
Sleepwell Limited
Statement of Financial Position
For the year ended 31 January 2024

2024 2023
Notes £ £
Fixed assets
Property, plant and equipment 2,670 3,338
5 2,670 3,338
Current assets
Inventories 5,450 7,250
Debtors - 1,813
Corporation tax receivable 390 -
Cash and cash equivalents 2,769 141
8,609 9,204
Current liabilities
Creditors: Amounts falling due within one year (20,298) (11,851)
Corporation tax payable - (390)
(20,298) (12,240)
Net current (liabilities)/assets (11,689) (3,036)
Total assets less current liabilities (9,019) 302
Net (liabilities)/assets (9,019) 302
Capital and reserves
Called up share capital 260 260
Retained earnings (9,279) 42
Shareholder's funds (9,019) 302
For the year ended 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006.
The directors have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibility for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the special provisions of the Companies Act 2006 applicable to companies subject to the small companies' regime and in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small entities regime. All the members of the company have consented to the drawing up of the abridged balance sheet.
  • For the year ended 31 January 2024 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 responsibility for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
  • These accounts have been prepared 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.
Approved by the Board on 23 May 2024
.............................
Paulo Macieira (Director)
Company registration number: 00565960
/* == Copy of Frs105 Balance Sheet for XML COntent ============================================================ */
Balance sheet at 2024-01-31 31 January 2024
2024 2023
£ £
Fixed Assets 2,670 3,338
Current Assets 8,609 9,204
Creditors: amounts falling due within one year (20,298) (12,240)
Net current assets (liabilities) (11,689) (3,036)
Total assets less current liabilities (9,019) 302
Net Assets (liabilities) (9,019) 302
Capital and Reserves (9,019) 302
For the year ending 31/01/2024 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. For the year ending 31-01-2024 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 for the year in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts. 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 in accordance with the small companies provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Approved by the board of directors on 23 May 2024 2024-05-23 and signed on behalf of the board,
.............................
Paulo Macieira
Director
Company registration number: 00565960
Sleepwell Limited
Notes to the Financial Statements
For the year ended 31 January 2024

(1) General Information
The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is 11 Church St, Seaham, SR7 7HQ.

(2) Statement of compliance
These individual financial statements have been prepared in accordance with FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" Section 1A and Companies Act 2006, as applicable to companies subject to the small companies' regime.

(3) Significant Accounting Policies
Basis of Preparation
The financial statements have been prepared on the historical cost basis and in accordance with the Companies Act 2006. The presentation and functional currency of the company is pounds sterling. The financial statements are presented in pound units (£) unless stated otherwise.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity and when specific criteria have been met as described below.
Sale of goods
Sales of goods are recognised when the company has delivered the goods to the customer, no other significant obligation remains unfulfilled that may affect the customer's acceptance of the products and risks and rewards of ownership have transferred to them.
Property, plant and equipment
Property, plant and equipment is stated at cost less accumulated depreciation and impairment losses. Part of an item of property, plant and equipment having different useful lives are accounted for as separate items.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives, using the straight-line method. The estimated useful lives, residual values and depreciation method are reviewed at the end of each reporting period, with the effect of any changes in estimate accounted for on a prospective basis.

Depreciation is provided to write off the cost less estimated residual value, of each asset over its expected useful life as follows:

Asset class and depreciation rate
Land and Buildings
Plant and Machinery20% reducing balance
Short Leasehold Properties
Investment Properties
Long Leasehold Properties
Commercial Vehicles
Fixtures and Fittings
Equipment
Motor Cars20% reducing balance
Inventories
Inventories are measured at the lower of cost and net realisable value. Costs of inventories are determined on a first-in-first-out basis. Net realisable value represents the estimated selling price for inventories less all estimated costs necessary to make the sale.
Taxation
Taxation expense represents the aggregate amount of current tax and deferred tax recognised in the reporting period.
Current Tax
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit before tax as reported in the income statement because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

(4) Employees
During the year, the average number of employees including director was 2 (2023 : 2).

(5) Fixed assets
Tangible

£
Cost
As at 01 February 202321,972
As at 31 January 202421,972
Depreciation/Amortisation
As at 01 February 202318,634
For the year668
As at 31 January 202419,302
Net book value
As at 31 January 20242,670
As at 31 January 20233,338