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Company Registration No. 11887495 (England and Wales)
I Can Make Bags Ltd Unaudited accounts for the year ended 31 March 2024
I Can Make Bags Ltd Unaudited accounts Contents
Page
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I Can Make Bags Ltd Company Information for the year ended 31 March 2024
Director
Amanda OVERS
Company Number
11887495 (England and Wales)
Registered Office
115 COVENTRY ROAD UNIT 402 LONDON E2 6GH ENGLAND
Accountants
On The Spot Trading as HG Accountants Enfield Middlesex EN3 6XJ
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I Can Make Bags Ltd Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Called up share capital not paid
(1)
(1)
Current assets
Inventories
2,551 
- 
Debtors
1,439 
- 
Cash at bank and in hand
66,968 
28,983 
70,958 
28,983 
Creditors: amounts falling due within one year
(9,658)
(2,883)
Net current assets
61,300 
26,100 
Net assets
61,299 
26,099 
Capital and reserves
Profit and loss account
61,299 
26,099 
Shareholders' funds
61,299 
26,099 
For the year ending 31 March 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 director acknowledges her 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 and authorised for issue on 31 August 2024 and were signed on its behalf by
Amanda OVERS Director Company Registration No. 11887495
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I Can Make Bags Ltd Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
I Can Make Bags Ltd is a private company, limited by shares, registered in England and Wales, registration number 11887495. The registered office is 115 COVENTRY ROAD, UNIT 402, LONDON, E2 6GH, 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.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,439 
- 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
5 
- 
Taxes and social security
6,300 
683 
Loans from directors
1,503 
1,000 
Accruals
1,850 
1,200 
9,658 
2,883 
6
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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