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REGISTERED NUMBER: 07547586 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 December 2023

for

Kate and Dawn Limited

Kate and Dawn Limited (Registered number: 07547586)






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 3


Kate and Dawn Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: Mrs Z D Bell
Ms K Dinsdale





REGISTERED OFFICE: 3 / 5 The High Street
Stokesley
TS9 5AD





REGISTERED NUMBER: 07547586 (England and Wales)





ACCOUNTANTS: APC Accountancy
Chartered Accountants
73 Gilkes Street
Middlesbrough
TS1 5EH

Kate and Dawn Limited (Registered number: 07547586)

Statement of Financial Position
31 December 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 3 - -
Tangible assets 4 3,443 2,527
3,443 2,527

CURRENT ASSETS
Stocks 5,812 4,860
Debtors 5 589 765
Cash at bank 2,652 9,714
9,053 15,339
CREDITORS: AMOUNTS FALLING
DUE WITHIN ONE YEAR

6

147,529

127,579
NET CURRENT LIABILITIES (138,476 ) (112,240 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(135,033

)

(109,713

)

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (135,035 ) (109,715 )
SHAREHOLDERS' FUNDS (135,033 ) (109,713 )

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.

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 19 September 2024 and were signed on its behalf by:



Ms K Dinsdale - Director


Kate and Dawn Limited (Registered number: 07547586)

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

1. 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 represents net invoiced sales of goods and services, excluding value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% on cost

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual
provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost.

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.

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.

Kate and Dawn Limited (Registered number: 07547586)

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

2. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2022 - 11 ) .

3. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 January 2023
and 31 December 2023 10,000 257 10,257
AMORTISATION
At 1 January 2023
and 31 December 2023 10,000 257 10,257
NET BOOK VALUE
At 31 December 2023 - - -
At 31 December 2022 - - -

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 January 2023 54,728
Additions 2,071
At 31 December 2023 56,799
DEPRECIATION
At 1 January 2023 52,201
Charge for year 1,155
At 31 December 2023 53,356
NET BOOK VALUE
At 31 December 2023 3,443
At 31 December 2022 2,527

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 589 765

Kate and Dawn Limited (Registered number: 07547586)

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

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 10,654 6,716
Social security and other taxes 10,725 10,206
Other creditors & accruals 4,772 2,600
Directors' current accounts 121,378 108,057
147,529 127,579

7. RELATED PARTY DISCLOSURES

As at 31st December 2023 the company owed its directors £121,378 (2022 £108,057).

8. ULTIMATE CONTROL

The company is under the control of it's directors.