01 February 2023 31 January 2024 No principle activity is included 04402181 2023-02-01 04402181 2024-01-31 04402181 2023-02-01 2024-01-31 04402181 2023-01-31 04402181 2022-02-01 2023-01-31 04402181 uk-core:WithinOneYear 2024-01-31 04402181 uk-core:WithinOneYear 2023-01-31 04402181 uk-core:AfterOneYear 2024-01-31 04402181 uk-core:AfterOneYear 2023-01-31 04402181 uk-core:ShareCapital 2024-01-31 04402181 uk-core:ShareCapital 2023-01-31 04402181 uk-core:RetainedEarningsAccumulatedLosses 2024-01-31 04402181 uk-core:RetainedEarningsAccumulatedLosses 2023-01-31 04402181 uk-bus:Director1 2023-02-01 2024-01-31 04402181 uk-bus:FRS102 2023-02-01 2024-01-31 04402181 uk-bus:FullAccounts 2023-02-01 2024-01-31 04402181 uk-bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 04402181 uk-bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 iso4217:GBP xbrli:pure
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
   
  THE BEAD SHOP LIMITED
   
   
   
  UNAUDITED FINANCIAL STATEMENTS
   
   
  FOR THE YEAR ENDED 31 JANUARY 2024
   
   
   
   
   
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
         
  THE BEAD SHOP LIMITED
  FINANCIAL STATEMENTS
  FOR THE YEAR ENDED 31 JANUARY 2024
       
       
  DIRECTORS
       
  Matthew KERSH
  Harvey Irving KERSH
       
       
  REGISTERED OFFICE
       
  Granmore Building The Bead Shop
186 Cheetham Hill Road
Manchester
M8 8LW
       
       
  COMPANY REGISTERED NUMBER
       
  04402181
       
       
  ACCOUNTANTS
       
  ATR ACCOUNTANCY & BOOKKEEPING LTD
  Management Accountants
  Imperial House 79-81 Hornby Street
Bury
BL9 5BN
England
       
       
  CONTENTS
       
  Pages
       
    Income Statement  
       
       
  2 Statement of Financial Position  
       
       
  The following do not form part of the statutory financial statements:
     
       
    Trading and Profit and Loss Account  
       
    Profit and Loss Account Summaries  
       
       
  page 1
  THE BEAD SHOP LIMITED
  Company registered number: 04402181
  STATEMENT OF FINANCIAL POSITION AT 31 January 2024
           
    Note 2024 2023
      £ £ £
  FIXED ASSETS
  Property, plant and equipment 8,499 4,969
  Investments held as fixed assets   85,483 77,360
      93,982 82,329
  CURRENT ASSETS    
  Inventories   38,506 53,425
  Debtors   56,486 82,606
  Cash at bank and in hand   190,663 178,512
      285,655 314,543
  CREDITORS: Amounts falling due within one year   79,399 93,376
  NET CURRENT ASSETS   206,256 221,167
  TOTAL ASSETS LESS CURRENT LIABILITIES   300,238 303,496
           
  CREDITORS: Amounts falling due after more than one year   (40,961) (49,777)
  NET ASSETS   £259,277 £253,719
       
  CAPITAL AND RESERVES
  Called up share capital   1,000 1,000
  Retained earnings   258,277 252,719
  SHAREHOLDERS' FUNDS   £259,277 £253,719
       
       
       
1. DIRECTORS AND EMPLOYEES
       
  Employee costs during the year amounted to: 2024 2023
    £ £
  Wages and salaries 190,439 179,229
  Pension costs 9,762 13,876
    £200,201 £193,105
  The average weekly number of employees during the year were as follows:
    2024 2023
    No. No.
  Management and administration 14 13
   
       
2. CHANGE IN ACCOUNTING POLICY
       
  The company has previously had a policy of revaluation of tangible fixed assets. Under the micro entity reporting rules this no longer applies.
  page 2
  THE BEAD SHOP LIMITED
  Company registered number: 04402181
  STATEMENT OF FINANCIAL POSITION AT 31 January 2024 (CONT.)
           
    Note 2024 2023
      £ £ £
       
2. CHANGE IN ACCOUNTING POLICY
       
       
  In approving these financial statements as directors of the company we hereby confirm the following:
       
  For the year in question the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
       
  The members have not required the company to obtain an audit for its accounts for the year in question in accordance with section 476,
       
  The directors acknowledge their responsibilities for: a) ensuring that the company keeps accounting records which comply with Sections 386 and 386 of the Companies Act 2006, and b) preparing financial statements that give a true and fair view of the state of affairs of the company at at the end of each financial year and of its profit or loss for the 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 the financial statements, so far as they are applicable to the company.
 
 
       
  These accounts have been prepared in accordance with the micro-entity provisions and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.
       
  The accounts were approved by the board of directors on 10 October 2024
 
       
 
 
  M Kersh, Director
  page 3