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REGISTERED NUMBER: 04644507 (England and Wales)











Annabella Limited

Unaudited Financial Statements

for the Year Ended 31 December 2023






Annabella Limited (Registered number: 04644507)

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










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Annabella Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: A Kalavanas
Mrs B Kalavanas





REGISTERED OFFICE: Moxhull Hall Holly Lane
Wishaw
Sutton Coldfield
B76 9PE





REGISTERED NUMBER: 04644507 (England and Wales)





ACCOUNTANTS: Haines Watts Tamworth Limited
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF

Annabella Limited (Registered number: 04644507)

Statement of Financial Position
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 2,889 3,940
Tangible assets 5 1,468,525 1,311,407
1,471,414 1,315,347

CURRENT ASSETS
Stocks 35,267 27,584
Debtors 6 44,895 38,017
Investments 7 32,210 32,210
Cash at bank and in hand 478,629 428,381
591,001 526,192
CREDITORS
Amounts falling due within one year 8 566,284 735,769
NET CURRENT ASSETS/(LIABILITIES) 24,717 (209,577 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,496,131

1,105,770

CREDITORS
Amounts falling due after more than one year 9 (172,802 ) (109,882 )

PROVISIONS FOR LIABILITIES (118,388 ) (38,889 )
NET ASSETS 1,204,941 956,999

CAPITAL AND RESERVES
Called up share capital 10 1,000 1,000
Retained earnings 1,203,941 955,999
SHAREHOLDERS' FUNDS 1,204,941 956,999

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

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

Annabella Limited (Registered number: 04644507)

Statement of Financial Position - continued
31 December 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 8 May 2024 and were signed on its behalf by:





A Kalavanas - Director


Annabella Limited (Registered number: 04644507)

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


1. STATUTORY INFORMATION

Annabella Limited 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2017, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 5% on cost
Plant and machinery etc - 25% on reducing balance and 15% 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Annabella Limited (Registered number: 04644507)

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


2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 45 (2022 - 57 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 10,504
AMORTISATION
At 1 January 2023 6,564
Charge for year 1,051
At 31 December 2023 7,615
NET BOOK VALUE
At 31 December 2023 2,889
At 31 December 2022 3,940

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 January 2023 1,063,312 2,777,234 3,840,546
Additions - 338,556 338,556
At 31 December 2023 1,063,312 3,115,790 4,179,102
DEPRECIATION
At 1 January 2023 446,228 2,082,911 2,529,139
Charge for year 53,165 128,273 181,438
At 31 December 2023 499,393 2,211,184 2,710,577
NET BOOK VALUE
At 31 December 2023 563,919 904,606 1,468,525
At 31 December 2022 617,084 694,323 1,311,407

Annabella Limited (Registered number: 04644507)

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


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,414 (5,658 )
Other debtors 40,481 43,675
44,895 38,017

7. CURRENT ASSET INVESTMENTS
2023 2022
£    £   
Listed investments 3,660 3,660
Unlisted investments 28,550 28,550
32,210 32,210

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 87,032 119,133
Hire purchase contracts 34,257 -
Trade creditors 28,402 22,044
Taxation and social security 77,067 136,347
Other creditors 339,526 458,245
566,284 735,769

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Bank loans 22,850 109,882
Hire purchase contracts 149,952 -
172,802 109,882

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1,000 ordinary 1 1,000 1,000