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REGISTERED NUMBER: 07553026 (England and Wales)















Financial Statements for the Year Ended 29 February 2024

for

TANGLED YARN LIMITED

TANGLED YARN LIMITED (REGISTERED NUMBER: 07553026)






Contents of the Financial Statements
for the Year Ended 29 February 2024




Page

Income Statement 1

Balance Sheet 2


TANGLED YARN LIMITED (REGISTERED NUMBER: 07553026)

Income Statement
for the Year Ended 29 February 2024

2024 2023
£    £   

TURNOVER 296,737 248,679

Other income 56 -

Cost of raw materials and consumables (172,934 ) (157,669 )

Staff costs (42,698 ) (30,170 )

Depreciation and other amounts written off assets (1,908 ) (1,322 )

Other charges (70,574 ) (54,613 )

Taxation (1,288 ) (784 )

PROFIT 7,391 4,121

TANGLED YARN LIMITED (REGISTERED NUMBER: 07553026)

Balance Sheet
29 February 2024

2024 2023
£    £    £    £   
FIXED ASSETS 8,155 3,965

CURRENT ASSETS 88,334 83,514

PREPAYMENTS AND ACCRUED INCOME 1,758 736

CREDITORS
Amounts falling due within one year (60,262 ) (45,621 )
NET CURRENT ASSETS 29,830 38,629
TOTAL ASSETS LESS CURRENT
LIABILITIES

37,985

42,594

CAPITAL AND RESERVES 37,985 42,594

NOTES TO THE FINANCIAL STATEMENTS

1. STATUTORY INFORMATION

Tangled Yarn Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 07553026

Registered office: 19 Park Lane
Poynton
Stockport
Cheshire
SK12 1RD

2. AVERAGE NUMBER OF EMPLOYEES

The average number of employees during the year was 2 (2023 - 2 ) .



The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 February 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 February 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.

TANGLED YARN LIMITED (REGISTERED NUMBER: 07553026)

Balance Sheet - continued
29 February 2024


The financial statements have been prepared in accordance with the micro-entity provisions.

The financial statements were approved by the director and authorised for issue on 17 June 2024 and were signed by:





Mrs R Owen - Director