IRIS Accounts Production v24.1.9.2 09882482 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh098824822022-10-31098824822023-10-31098824822022-11-012023-10-31098824822021-11-30098824822021-12-012022-10-31098824822022-10-3109882482ns15:EnglandWales2022-11-012023-10-3109882482ns14:PoundSterling2022-11-012023-10-3109882482ns10:Director12022-11-012023-10-3109882482ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109882482ns10:SmallEntities2022-11-012023-10-3109882482ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109882482ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109882482ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109882482ns10:FullAccounts2022-11-012023-10-3109882482ns10:OrdinaryShareClass12022-11-012023-10-3109882482ns10:Director22022-11-012023-10-3109882482ns10:Director32022-11-012023-10-3109882482ns10:RegisteredOffice2022-11-012023-10-3109882482ns5:CurrentFinancialInstruments2023-10-3109882482ns5:CurrentFinancialInstruments2022-10-3109882482ns5:Non-currentFinancialInstruments2023-10-3109882482ns5:Non-currentFinancialInstruments2022-10-3109882482ns5:ShareCapital2023-10-3109882482ns5:ShareCapital2022-10-3109882482ns5:RetainedEarningsAccumulatedLosses2023-10-3109882482ns5:RetainedEarningsAccumulatedLosses2022-10-3109882482ns5:PlantMachinery2022-11-012023-10-3109882482ns5:PlantMachinery2022-10-3109882482ns5:PlantMachinery2023-10-3109882482ns5:PlantMachinery2022-10-3109882482ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109882482ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3109882482ns10:OrdinaryShareClass12023-10-31
REGISTERED NUMBER: 09882482 (England and Wales)


Financial Statements for the Year Ended 31 October 2023

for

Preety Petals 4 You Ltd

Preety Petals 4 You Ltd (Registered number: 09882482)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Preety Petals 4 You Ltd

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mrs Jaspreet Kaur Jalfe
Mr Gurmeet Singh Jalfe





REGISTERED OFFICE: Bridge House
9-13 Holbrook Lane
Coventry
West Midlands
CV6 4AD





REGISTERED NUMBER: 09882482 (England and Wales)





ACCOUNTANTS: Sterling Accounting Services Limited
Bridge House
9-13 Holbrook Lane
Coventry
CV6 4AD

Preety Petals 4 You Ltd (Registered number: 09882482)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 59,595 68,728

CURRENT ASSETS
Inventories 19,032 17,894
Debtors 5 2,942 3,448
Cash at bank and in hand 30,819 33,022
52,793 54,364
CREDITORS
Amounts falling due within one year 6 40,391 37,507
NET CURRENT ASSETS 12,402 16,857
TOTAL ASSETS LESS CURRENT
LIABILITIES

71,997

85,585

CREDITORS
Amounts falling due after more than one
year

7

29,430

46,180
NET ASSETS 42,567 39,405

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings 42,467 39,305
SHAREHOLDERS' FUNDS 42,567 39,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

Preety Petals 4 You Ltd (Registered number: 09882482)

Statement of Financial Position - continued
31 October 2023


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

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

The financial statements were approved by the Board of Directors and authorised for issue on 12 August 2024 and were signed on its behalf by:





Mr Gurmeet Singh Jalfe - Director


Preety Petals 4 You Ltd (Registered number: 09882482)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Preety Petals 4 You Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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
Turnover represents net sales of invoiced goods and services excluding Value Added Tax.

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 etc - 25% on reducing balance

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 4 ) .

4. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
etc
£   
COST
At 1 November 2022 143,163
Additions 10,732
At 31 October 2023 153,895
DEPRECIATION
At 1 November 2022 74,435
Charge for year 19,865
At 31 October 2023 94,300
NET BOOK VALUE
At 31 October 2023 59,595
At 31 October 2022 68,728

Preety Petals 4 You Ltd (Registered number: 09882482)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 1,431 1,999
Other debtors 1,511 1,449
2,942 3,448

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 4,774 3,628
Taxation and social security 4,718 96
Other creditors 30,899 33,783
40,391 37,507

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans 15,674 21,796
Hire purchase contracts 13,756 24,384
29,430 46,180

Amounts falling due in more than five years:

Repayable by instalments
Hire purchase - 3,450

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.10.23 31.10.22
value: £    £   
100 Ordinary £1 100 100