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REGISTERED NUMBER: 10742285 (England and Wales)












Unaudited Financial Statements

for the Period 1 August 2023 to 28 April 2024

for

What's In Your Bucket? Ltd

What's In Your Bucket? Ltd (Registered number: 10742285)

Contents of the Financial Statements
for the Period 1 August 2023 to 28 April 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


What's In Your Bucket? Ltd

Company Information
for the Period 1 August 2023 to 28 April 2024







DIRECTOR: Miss J Laws





REGISTERED OFFICE: C/O Kpm Business Recovery & Insolvency
Little Bursdon
Hartland
Bideford
Devon
EX39 6HB





REGISTERED NUMBER: 10742285 (England and Wales)





ACCOUNTANTS: R T Marke & Co Ltd
Chartered Accountants
69 High Street
Bideford
Devon
EX39 2AT

What's In Your Bucket? Ltd (Registered number: 10742285)

Abridged Balance Sheet
28 April 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 5 - 10,000
Tangible assets 6 - 77,449
- 87,449

CURRENT ASSETS
Stocks - 5,000
Debtors 129,990 143,355
Cash at bank 29,436 24,863
159,426 173,218
CREDITORS
Amounts falling due within one year - 108,929
NET CURRENT ASSETS 159,426 64,289
TOTAL ASSETS LESS CURRENT
LIABILITIES

159,426

151,738

CREDITORS
Amounts falling due after more than one
year

-

(52,606

)

PROVISIONS FOR LIABILITIES - (1,194 )
NET ASSETS 159,426 97,938

CAPITAL AND RESERVES
Called up share capital 9 1 1
Retained earnings 159,425 97,937
SHAREHOLDERS' FUNDS 159,426 97,938

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 28 April 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 28 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

What's In Your Bucket? Ltd (Registered number: 10742285)

Abridged Balance Sheet - continued
28 April 2024


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 Balance Sheet for the period ended 28 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 September 2024 and were signed by:





Miss J Laws - Director


What's In Your Bucket? Ltd (Registered number: 10742285)

Notes to the Financial Statements
for the Period 1 August 2023 to 28 April 2024


1. STATUTORY INFORMATION

What's In Your Bucket? Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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. There were no material departures from that standard.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The company ceased to trade on 28 April 2024. The financial statements have not, therefore, been prepared on a going concern basis. Accordingly, full provision has been made in these accounts for all known liabilities and anticipated losses on realisation of assets, other than costs arising in the normal course of business in the company's final period to cessation. This is in accordance with the provisions of FRS 102 Section 1A small entities and the Companies Act 2006.

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 representing the excess of the purchase price over the fair value of the net assets of undertakings acquired is capitalised in the balance sheet and is amortised by equal annual instalments over the expected useful economic life of 10 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over period of the lease
Improvements to property - 10% straight line
Plant and machinery - 20% straight line
Fixtures and fittings - 20% straight line
Computer equipment - 33% straight line

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Stocks
Stocks are valued at the lower of cost and estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs.


What's In Your Bucket? Ltd (Registered number: 10742285)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 28 April 2024


3. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 period 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.

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.

Hire purchase and leasing commitments
Rentals under operating leases are charged to the profit and loss account as they fall due.

Exceptional items
The company discloses as exceptional items material items which derive from events or transactions that fall within the ordinary activities of the reporting entity and which individually, or, if of a similar type, in aggregate, it is considered need to be disclosed by virtue of their size or incidence if the financial statements are to give a true and fair view.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 13 (2023 - 19 ) .

What's In Your Bucket? Ltd (Registered number: 10742285)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 28 April 2024


5. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 25,000
Disposals (25,000 )
At 28 April 2024 -
AMORTISATION
At 1 August 2023 15,000
Eliminated on disposal (15,000 )
At 28 April 2024 -
NET BOOK VALUE

At 28 April 2024 -
At 31 July 2023 10,000

6. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 August 2023 155,268
Additions 458
Disposals (155,726 )
At 28 April 2024 -
DEPRECIATION
At 1 August 2023 77,819
Eliminated on disposal (77,819 )
At 28 April 2024 -
NET BOOK VALUE
At 28 April 2024 -
At 31 July 2023 77,449


7. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2024 2023
£    £   
Within one year - 25,000
Between one and five years - 50,000
- 75,000

What's In Your Bucket? Ltd (Registered number: 10742285)

Notes to the Financial Statements - continued
for the Period 1 August 2023 to 28 April 2024


8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loan - 33,427

Bank loans and overdrafts are secured by fixed and floating charges over the company's assets.

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 28 April 2024 and the year ended 31 July 2023:

2024 2023
£    £   
Miss J Laws
Balance outstanding at start of period 99,286 91,739
Amounts advanced 33,879 168,248
Amounts repaid (9,395 ) (160,701 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 123,770 99,286

The maximum overdrawn balance during the year was £129,567.

Interest was charged on the loan at the official interest rate.

11. GOING CONCERN

The company ceased trading on 28 April 2024. Consequently all assets and liabilities have been written down to their realisable values.

12. CORRESPONDING AMOUNTS

These financial statements cover the period 1 August 2023 to 28 April 2024. The comparative figures cover the year ended 31 July 2023. Accordingly, the corresponding amounts may not be comparable as required by the provisions of FRS 102 Section 1A small entities.