Company Registration No. 11381573 (England and Wales)
Baby Bare Bubbles Limited
Unaudited accounts
for the year ended 25 December 2023
Baby Bare Bubbles Limited
Unaudited accounts
Contents
Baby Bare Bubbles Limited
Company Information
for the year ended 25 December 2023
Company Number
11381573 (England and Wales)
Registered Office
C/o Lime Advisory Embassy Office
Stanwell Road
Penarth
Vale of Glamorgan
CF64 2AA
United Kingdom
Baby Bare Bubbles Limited
Statement of financial position
as at 25 December 2023
Cash at bank and in hand
1,251
7,443
Creditors: amounts falling due within one year
(106,824)
(65,813)
Net current liabilities
(73,390)
(52,886)
Total assets less current liabilities
(73,390)
(52,886)
Creditors: amounts falling due after more than one year
(3,430)
(7,550)
Net liabilities
(76,820)
(60,436)
Called up share capital
100
100
Profit and loss account
(76,920)
(60,536)
Shareholders' funds
(76,820)
(60,436)
For the year ending 25 December 2023 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 director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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.
The financial statements were approved by the Board and authorised for issue on 5 September 2024 and were signed on its behalf by
N S Fletcher
Director
Company Registration No. 11381573
Baby Bare Bubbles Limited
Notes to the Accounts
for the year ended 25 December 2023
Baby Bare Bubbles Limited is a private company, limited by shares, registered in England and Wales, registration number 11381573. The registered office is C/o Lime Advisory Embassy Office, Stanwell Road, Penarth, Vale of Glamorgan, CF64 2AA, United Kingdom.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Stocks and work in progress
Stocks have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
At 25 December 2023 the company had net liabilities of £76,820. However the company received financial support from the directors and shareholder of the company, and continues to meet liabilities as they fall due. Therefore the going concern basis is considered appropriate.
Amounts falling due within one year
Baby Bare Bubbles Limited
Notes to the Accounts
for the year ended 25 December 2023
5
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
3,600
3,035
Loans from directors
96,405
61,414
6
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).