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Company Registration No. 11773977 (England and Wales)
Betty Loves Limited Unaudited accounts for the year ended 31 December 2023
Betty Loves Limited Unaudited accounts Contents
Page
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Betty Loves Limited Company Information for the year ended 31 December 2023
Director
Tania Howe
Company Number
11773977 (England and Wales)
Registered Office
Unit 18, Shop 35 The Springs, Thorpe Park View Leeds LS15 8GH
Accountants
Taxease Ltd 5 Fieldhead Drive Barwick in Elmet Leeds LS15 4EE
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Betty Loves Limited Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
15,906 
19,883 
Current assets
Inventories
20,000 
15,000 
Debtors
- 
(1,030)
Cash at bank and in hand
71,876 
35,308 
91,876 
49,278 
Creditors: amounts falling due within one year
(83,323)
(57,197)
Net current assets/(liabilities)
8,553 
(7,919)
Net assets
24,459 
11,964 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
24,458 
11,963 
Shareholders' funds
24,459 
11,964 
For the year ending 31 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
Tania Howe Director Company Registration No. 11773977
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Betty Loves Limited Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Betty Loves Limited is a private company, limited by shares, registered in England and Wales, registration number 11773977. The registered office is Unit 18, Shop 35, The Springs, Thorpe Park View, Leeds, LS15 8GH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2023
24,853 
At 31 December 2023
24,853 
Depreciation
At 1 January 2023
4,970 
Charge for the year
3,977 
At 31 December 2023
8,947 
Net book value
At 31 December 2023
15,906 
At 31 December 2022
19,883 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
- 
(1,030)
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Betty Loves Limited Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
8,316 
5,731 
Trade creditors
1,300 
1,240 
Taxes and social security
6,809 
1,426 
Loans from directors
66,898 
48,800 
83,323 
57,197 
7
Average number of employees
During the year the average number of employees was 2 (2022: 1).
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