Company Registration No. 13138432 (England and Wales)
FEATHER & SOLE LTD
Unaudited accounts
for the year ended 31 January 2024
FEATHER & SOLE LTD
Unaudited accounts
Contents
FEATHER & SOLE LTD
Company Information
for the year ended 31 January 2024
Directors
Amy Grace Pepper
Ingrid Heather Strydom
Company Number
13138432 (England and Wales)
Registered Office
Mansart Attics
Horseshoe Road, Pangbourne
Berkshire
RG8 7JQ
United Kingdom
FEATHER & SOLE LTD
Statement of financial position
as at 31 January 2024
Cash at bank and in hand
2,315
119
Creditors: amounts falling due within one year
(73,455)
(55,786)
Net current liabilities
(49,989)
(34,416)
Net liabilities
(49,698)
(33,922)
Called up share capital
1
1
Profit and loss account
(49,699)
(33,923)
Shareholders' funds
(49,698)
(33,922)
For the year ending 31 January 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 directors acknowledge their 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 of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by
Amy Grace Pepper
Director
Company Registration No. 13138432
FEATHER & SOLE LTD
Notes to the Accounts
for the year ended 31 January 2024
FEATHER & SOLE LTD is a private company, limited by shares, registered in England and Wales, registration number 13138432. The registered office is Mansart Attics, Horseshoe Road, Pangbourne, Berkshire, RG8 7JQ, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The financial statements have been prepared on a going concern basis.The companies on going activities are dependent upon the continued support of the directors who has undertaken to provide such support for the forseeable future.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25 % on reducing balance
Computer equipment
25 % on reducing balance
FEATHER & SOLE LTD
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2024
2023
Trade creditors
2,720
4,437
Loans from directors
69,718
51,476
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
7
Transactions with related parties
Amy Grace Pepper and Ingrid Heather Strydom are the directors and shareholders holding equally shares in the company.
8
Average number of employees
During the year the average number of employees was 0 (2023: 0).