PATCHWORK LONDON LIMITED

Company Registration Number:
07585075 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

PATCHWORK LONDON LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

PATCHWORK LONDON LIMITED

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,047,740 1,056,535
Total fixed assets: 1,047,740 1,056,535
Current assets
Stocks: 5,000 5,000
Debtors:   225,488 208,310
Cash at bank and in hand: 152,629 142,793
Total current assets: 383,117 356,103
Creditors: amounts falling due within one year:   (279,090) (219,292)
Net current assets (liabilities): 104,027 136,811
Total assets less current liabilities: 1,151,767 1,193,346
Creditors: amounts falling due after more than one year:   (238,665) (413,805)
Total net assets (liabilities): 913,102 779,541
Capital and reserves
Called up share capital: 200 200
Profit and loss account: 912,902 779,341
Shareholders funds: 913,102 779,541

The notes form part of these financial statements

PATCHWORK LONDON LIMITED

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 23 May 2024
and signed on behalf of the board by:

Name: S. White
Status: Director

The notes form part of these financial statements

PATCHWORK LONDON LIMITED

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

PATCHWORK LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 5 5

PATCHWORK LONDON LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,603,163
Additions 310,505
Disposals (225,246)
At 31 December 2023 1,688,422
Depreciation
At 01 January 2023 546,628
Charge for year 249,149
On disposals (155,095)
At 31 December 2023 640,682
Net book value
At 31 December 2023 1,047,740
At 31 December 2022 1,056,535