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REGISTERED NUMBER: 08881395 (England and Wales)















Unaudited Financial Statements for the Year Ended 29 February 2024

for

Ingleby Pet Supplies Ltd

Ingleby Pet Supplies Ltd (Registered number: 08881395)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Ingleby Pet Supplies Ltd

Company Information
for the Year Ended 29 February 2024







DIRECTOR: Mrs D Worton





REGISTERED OFFICE: Unit 3C Keld House
Allensway
Thornaby
TS17 9HA





REGISTERED NUMBER: 08881395 (England and Wales)





ACCOUNTANTS: JBC Accountants Limited
Chartered Accountants
3B Lockheed Court
Preston Farm
Stockton on Tees
TS18 3SH

Ingleby Pet Supplies Ltd (Registered number: 08881395)

Balance Sheet
29 February 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,108 1,306
Investments 5 1 1
1,109 1,307

CURRENT ASSETS
Stocks 13,518 12,744
Debtors 6 1,040 1,040
Cash at bank and in hand 4,771 5,290
19,329 19,074
CREDITORS
Amounts falling due within one year 7 34,466 30,409
NET CURRENT LIABILITIES (15,137 ) (11,335 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(14,028

)

(10,028

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (14,128 ) (10,128 )
SHAREHOLDERS' FUNDS (14,028 ) (10,028 )

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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 18 July 2024 and were signed by:




Mrs D Worton - Director


Ingleby Pet Supplies Ltd (Registered number: 08881395)

Notes to the Financial Statements
for the Year Ended 29 February 2024

1. STATUTORY INFORMATION

Ingleby Pet Supplies Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 25% on cost and 15% on reducing balance

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the profit and loss account.

Deferred taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.

Current and deferred tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Ingleby Pet Supplies Ltd (Registered number: 08881395)

Notes to the Financial Statements - continued
for the Year Ended 29 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 March 2023
and 29 February 2024 6,100
DEPRECIATION
At 1 March 2023 4,794
Charge for year 198
At 29 February 2024 4,992
NET BOOK VALUE
At 29 February 2024 1,108
At 28 February 2023 1,306

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 March 2023
and 29 February 2024 1
NET BOOK VALUE
At 29 February 2024 1
At 28 February 2023 1

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 1,040 1,040

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 160 210
Trade creditors 8,109 7,305
Amounts owed to group undertakings 4,645 4,245
Taxation and social security 2,964 829
Other creditors 18,588 17,820
34,466 30,409