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REGISTRAR OF COMPANIES

Registration number: 11161345

By Molly&Izzie Ltd

Unaudited Financial Statements

Year Ended 31 January 2024

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By Molly&Izzie Ltd

Contents

Accountants' Report

1

Balance Sheet

2

 

Chartered Accountants' Report to the Director on the Preparation of the Unaudited Statutory Accounts of
By Molly&Izzie Ltd
for the Year Ended 31 January 2024

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of By Molly&Izzie Ltd for the year ended 31 January 2024 as set out on pages 2 to 4 from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com/regulation.

This report is made solely to the Board of Directors of By Molly&Izzie Ltd, as a body, in accordance with the terms of our engagement letter dated 3 October 2022. Our work has been undertaken solely to prepare for your approval the accounts of By Molly&Izzie Ltd and state those matters that we have agreed to state to the Board of Directors of By Molly&Izzie Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than By Molly&Izzie Ltd and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that By Molly&Izzie Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of By Molly&Izzie Ltd. You consider that By Molly&Izzie Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the accounts of By Molly&Izzie Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.



Dodd & Co Limited
Chartered Accountants
FIFTEEN Rosehill
Montgomery Way
Rosehill Estate
CARLISLE
CA1 2RW

24 September 2024

 

By Molly&Izzie Ltd

(Registration number: 11161345)
Balance Sheet as at 31 January 2024

2024
£

2023
£

Fixed assets

 

28,660

35,213

Current assets

 

78,498

112,392

Prepayments and accrued income

 

2,687

3,966

Creditors: Amounts falling due within one year

 

(46,502)

(47,103)

Net current assets

 

34,683

69,255

Total assets less current liabilities

 

63,343

104,468

Creditors: Amounts falling due after more than one year

 

(18,333)

(28,556)

Accruals and deferred income

 

(1,381)

(1,315)

   

43,629

74,597

Capital and reserves

 

43,629

74,597

 

By Molly&Izzie Ltd

(Registration number: 11161345)
Balance Sheet as at 31 January 2024 (continued)

1

General information

The company is a private company limited by share capital, incorporated in England and Wales .

The address of its registered office is:
Holywell House
Irthington
CARLISLE
CA6 4NN

Basis of preparation

The financial statements have been prepared under the historical cost convention and in accordance with FRS 105 'The Financial Reporting Standard applicable to the Micro-entities Regime'.

2

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 7 (2023 - 11).

3

Related party transactions

Transactions with the director

2024

At 1 February 2023
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 31 January 2024
£

S A Patterson

Directors loan account

13,389

34,288

-

(36,000)

364

12,041

             
         

 

2023

At 1 February 2022
£

Advances
£

Repayments
£

Dividends credited
£

Interest
£

At 31 January 2023
£

S A Patterson

Directors loan account

7,662

46,615

(556)

(40,667)

335

13,389

             
         

 

Directors' advances are repayable on demand.

Interest has been charged at a rate of 2.25% on advances to directors.

 

By Molly&Izzie Ltd

(Registration number: 11161345)
Balance Sheet as at 31 January 2024 (continued)

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 September 2024
 

.........................................
S A Patterson
Director