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REGISTERED NUMBER: 03414159 (England and Wales)














Abridged Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Fibre Naturelle Limited

Fibre Naturelle Limited (Registered number: 03414159)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Fibre Naturelle Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: M Argeband
G W T Hales





REGISTERED OFFICE: St Mary's House
24 North Street
Wareham
Dorset
BH20 4AG





REGISTERED NUMBER: 03414159 (England and Wales)





ACCOUNTANTS: Ward Goodman
St Mary's House
24 North Street
Wareham
Dorset
BH20 4AG

Fibre Naturelle Limited (Registered number: 03414159)

Abridged Balance Sheet
31 December 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 4,301 4,301
Tangible assets 5 22,087 21,080
26,388 25,381

CURRENT ASSETS
Stocks 544,895 624,619
Debtors 214,681 235,562
Prepayments and accrued income 21,774 26,635
Cash at bank 48,539 26,577
829,889 913,393
CREDITORS
Amounts falling due within one year 300,888 395,237
NET CURRENT ASSETS 529,001 518,156
TOTAL ASSETS LESS CURRENT
LIABILITIES

555,389

543,537

CREDITORS
Amounts falling due after more than one
year

(44,998

)

(54,998

)

PROVISIONS FOR LIABILITIES (5,313 ) (3,812 )

ACCRUALS AND DEFERRED INCOME (115,427 ) (109,250 )
NET ASSETS 389,651 375,477

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 389,649 375,475
SHAREHOLDERS' FUNDS 389,651 375,477

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.

Fibre Naturelle Limited (Registered number: 03414159)

Abridged Balance Sheet - 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.

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the year ended 31 December 2023 in accordance with Section 444(2A) of the Companies Act 2006.

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 April 2024 and were signed on its behalf by:





M Argeband - Director


Fibre Naturelle Limited (Registered number: 03414159)

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

1. STATUTORY INFORMATION

Fibre Naturelle 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.

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.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - Straight line over 12 years
Fixtures and fittings - 15% on reducing balance
Office equipment - 25% on cost

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
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 rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Fibre Naturelle Limited (Registered number: 03414159)

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.

Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all its financial liabilities.

Where contractual obligations of financial instruments (including share capital) are equivalent to a similar debt instrument, those financial instruments are classified as financial liabilities and are presented as such in the balance sheet. Finance costs and gains and losses relating to financial liabilities are included in the profit and loss account. Finance costs are calculated so as to produce a constant rate of return on the outstanding liability.

Where the contractual terms of share capital do not have any terms meeting the definition of a financial liability then this is classified as an equity instrument, Dividends and distributions relating to equity instruments are debited directly to equity.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023
and 31 December 2023 4,301
NET BOOK VALUE

At 31 December 2023 4,301
At 31 December 2022 4,301

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 January 2023 170,617
Additions 5,590
At 31 December 2023 176,207
DEPRECIATION
At 1 January 2023 149,537
Charge for year 4,583
At 31 December 2023 154,120
NET BOOK VALUE
At 31 December 2023 22,087
At 31 December 2022 21,080

Fibre Naturelle Limited (Registered number: 03414159)

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

6. LOANS

An analysis of the maturity of loans is given below:

2023 2022
£    £   
Amounts falling due within one year or on demand:
Bank loans 10,052 10,000

Amounts falling due between two and five years:
Bank loans - 2-5 years 14,998 24,998