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REGISTERED NUMBER: SC527731 (Scotland)




















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 FEBRUARY 2024

FOR

I'LL BE YOUR MIRROR LIMITED

I'LL BE YOUR MIRROR LIMITED (REGISTERED NUMBER: SC527731)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024




Page

Abridged Balance Sheet 1

Notes to the Financial Statements 3


I'LL BE YOUR MIRROR LIMITED (REGISTERED NUMBER: SC527731)

ABRIDGED BALANCE SHEET
29 February 2024

29.2.24 28.2.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 5,608 6,180

CURRENT ASSETS
Stocks 750 1,000
Debtors 4,884 3,274
Cash at bank 36,150 1,709
41,784 5,983
CREDITORS
Amounts falling due within one year 40,439 9,660
NET CURRENT ASSETS/(LIABILITIES) 1,345 (3,677 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

6,953

2,503

PROVISIONS FOR LIABILITIES 881 1,174
NET ASSETS 6,072 1,329

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 6,062 1,319
6,072 1,329

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 29 February 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

I'LL BE YOUR MIRROR LIMITED (REGISTERED NUMBER: SC527731)

ABRIDGED BALANCE SHEET - continued
29 February 2024



The financial statements were approved by the Board of Directors and authorised for issue on 16 August 2024 and were signed on its behalf by:





S N Truesdale - Director


I'LL BE YOUR MIRROR LIMITED (REGISTERED NUMBER: SC527731)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

I'Ll Be Your Mirror Limited is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address are as below:

Registered number: SC527731

Registered office: Studio 2/7 Rogart Street Campus
4 Rogart Street
Glasgow
G40 2AA

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover and revenue recognition
Turnover represents net invoiced sales of goods and services, excluding VAT. Revenue is recognised when goods and services are provided to the customer.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

I'LL BE YOUR MIRROR LIMITED (REGISTERED NUMBER: SC527731)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 March 2023 6,698
Additions 983
At 29 February 2024 7,681
DEPRECIATION
At 1 March 2023 518
Charge for year 1,555
At 29 February 2024 2,073
NET BOOK VALUE
At 29 February 2024 5,608
At 28 February 2023 6,180

5. ULTIMATE CONTROLLING PARTY

The company is owned and controlled by the directors.