HAPPYTHREADS (UK) LTD

Company Registration Number:
NI665198 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

HAPPYTHREADS (UK) LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

HAPPYTHREADS (UK) LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,343 1,679
Total fixed assets: 1,343 1,679
Current assets
Stocks: 687,607 195,455
Debtors:   60,833 90,616
Cash at bank and in hand: 14,206 10,435
Total current assets: 762,646 296,506
Creditors: amounts falling due within one year:   (552,677) (122,519)
Net current assets (liabilities): 209,969 173,987
Total assets less current liabilities: 211,312 175,666
Total net assets (liabilities): 211,312 175,666
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 211,311 175,665
Shareholders funds: 211,312 175,666

The notes form part of these financial statements

HAPPYTHREADS (UK) LTD

Balance sheet statements

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 14 June 2024
and signed on behalf of the board by:

Name: Daniel Plewman
Status: Director

The notes form part of these financial statements

HAPPYTHREADS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HAPPYTHREADS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 3 3

HAPPYTHREADS (UK) LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 2,416
At 31 December 2023 2,416
Depreciation
At 01 January 2023 737
Charge for year 336
At 31 December 2023 1,073
Net book value
At 31 December 2023 1,343
At 31 December 2022 1,679