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Company Registration No. 10109050 (England and Wales)
STITCHES AND GLUE LIMITED Unaudited accounts for the year ended 30 April 2024
STITCHES AND GLUE LIMITED Unaudited accounts Contents
Page
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STITCHES AND GLUE LIMITED Company Information for the year ended 30 April 2024
Directors
Becky Johnson Paul Vincett
Secretary
Natasha Johnson
Company Number
10109050 (England and Wales)
Registered Office
The Studio Drake Avenue Staines-upon-Thames Middlesex TW18 2AW England
Accountants
Project H Limited Accountants Beadle House Bull Plain Hertford Hertfordshire SG14 1DT
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STITCHES AND GLUE LIMITED Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
13,586 
19,446 
Current assets
Debtors
83,279 
175,696 
Cash at bank and in hand
228,785 
235,337 
312,064 
411,033 
Creditors: amounts falling due within one year
(43,181)
(146,191)
Net current assets
268,883 
264,842 
Total assets less current liabilities
282,469 
284,288 
Provisions for liabilities
Deferred tax
(1,473)
(2,250)
Net assets
280,996 
282,038 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
280,896 
281,938 
Shareholders' funds
280,996 
282,038 
For the year ending 30 April 2024 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 directors acknowledge their 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 of Directors and authorised for issue on 17 September 2024 and were signed on its behalf by
Paul Vincett Director Company Registration No. 10109050
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STITCHES AND GLUE LIMITED Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
STITCHES AND GLUE LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10109050. The registered office is The Studio, Drake Avenue, Staines-upon-Thames, Middlesex, TW18 2AW, England.
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:
Plant & machinery
25% Straight line
Fixtures & fittings
25% Straight line
Computer equipment
40% Straight line
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 May 2023
28,981 
3,282 
11,818 
44,081 
Additions
3,862 
- 
1,397 
5,259 
At 30 April 2024
32,843 
3,282 
13,215 
49,340 
Depreciation
At 1 May 2023
15,360 
1,308 
7,967 
24,635 
Charge for the year
8,123 
820 
2,176 
11,119 
At 30 April 2024
23,483 
2,128 
10,143 
35,754 
Net book value
At 30 April 2024
9,360 
1,154 
3,072 
13,586 
At 30 April 2023
13,621 
1,974 
3,851 
19,446 
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STITCHES AND GLUE LIMITED Notes to the Accounts for the year ended 30 April 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
8,515 
175,696 
Accrued income and prepayments
74,764 
- 
83,279 
175,696 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
18,970 
69,515 
Trade creditors
3,729 
4,228 
Taxes and social security
12,574 
64,440 
Loans from directors
6,908 
6,908 
Accruals
1,000 
1,100 
43,181 
146,191 
7
Average number of employees
During the year the average number of employees was 3 (2023: 2).
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