1 31/01/2024 2024-01-31 false false false false false false false false false false true false false true false false false false false false false No description of principal activities is disclosed 2023-04-15 Sage Accounts Production 21.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP 14575810 2023-04-15 2024-01-31 14575810 2024-01-31 14575810 core:FurnitureFittingsToolsEquipment 2023-04-15 2024-01-31 14575810 bus:Director1 2023-04-15 2024-01-31 14575810 core:FurnitureFittingsToolsEquipment 2024-01-31 14575810 core:WithinOneYear 2024-01-31 14575810 core:ShareCapital 2024-01-31 14575810 core:RetainedEarningsAccumulatedLosses 2024-01-31 14575810 bus:SmallEntities 2023-04-15 2024-01-31 14575810 bus:AuditExemptWithAccountantsReport 2023-04-15 2024-01-31 14575810 bus:FullAccounts 2023-04-15 2024-01-31 14575810 bus:SmallCompaniesRegimeForAccounts 2023-04-15 2024-01-31 14575810 bus:PrivateLimitedCompanyLtd 2023-04-15 2024-01-31
Company registration number: 14575810
Tiffany's of Ormskirk Limited
Unaudited filleted financial statements
31 January 2024
Tiffany's of Ormskirk Limited
Statement of financial position
31 January 2024
31/01/24
Note £ £
Fixed assets
Tangible assets 5 2,588
_______
2,588
Current assets
Stocks 7,655
Debtors 6 1,000
Cash at bank and in hand 2,648
_______
11,303
Creditors: amounts falling due
within one year 7 ( 34,688)
_______
Net current liabilities ( 23,385)
_______
Total assets less current liabilities ( 20,797)
_______
Net liabilities ( 20,797)
_______
Capital and reserves
Called up share capital 2
Profit and loss account ( 20,799)
_______
Shareholders deficit ( 20,797)
_______
For the period ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the period in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of comprehensive income has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 03 October 2024 , and are signed on behalf of the board by:
Mrs S J Stevens Mr G E Stevens
Director Director
Company registration number: 14575810
Tiffany's of Ormskirk Limited
Notes to the financial statements
Period ended 31 January 2024
1. General information
The company is a private company limited by shares, registered in England. The address of the registered office is 2 Mystic Mews, Ormskirk, Lancashire, L39 2YU.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts are prepared under the historical cost convention
Turnover
Turnover represents the net sales to customers.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:
Fittings fixtures and equipment - 25 % straight line
If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 1
5. Tangible assets
Fixtures, fittings and equipment Total
£ £
Cost
At 15 April 2023 - -
Additions 3,450 3,450
_______ _______
At 31 January 2024 3,450 3,450
_______ _______
Depreciation
At 15 April 2023 - -
Charge for the year 862 862
_______ _______
At 31 January 2024 862 862
_______ _______
Carrying amount
At 31 January 2024 2,588 2,588
_______ _______
6. Debtors
31/01/24
£
Other debtors 1,000
_______
7. Creditors: amounts falling due within one year
31/01/24
£
Other creditors 34,688
_______