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REGISTERED NUMBER: 11938701 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Sibling Bridalry Limited

Sibling Bridalry Limited (Registered number: 11938701)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sibling Bridalry Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Miss H M Powell
Miss S E Powell





REGISTERED OFFICE: 17 Austhorpe Avenue
Leeds
LS15 8QA





REGISTERED NUMBER: 11938701 (England and Wales)





ACCOUNTANTS: ABC Accounting Services
1 Willoughton Place
Wharton Close
Gainsborough
Lincolnshire
DN21 1EB

Sibling Bridalry Limited (Registered number: 11938701)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 2,400
Tangible assets 5 1,116 1,395
1,116 3,795

CURRENT ASSETS
Stocks 75,000 75,000
Cash at bank 2,916 2,688
77,916 77,688
CREDITORS
Amounts falling due within one year 6 97,635 94,071
NET CURRENT LIABILITIES (19,719 ) (16,383 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(18,603

)

(12,588

)

CREDITORS
Amounts falling due after more than one
year

7

13,934

-
NET LIABILITIES (32,537 ) (12,588 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (32,637 ) (12,688 )
SHAREHOLDERS' FUNDS (32,537 ) (12,588 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Sibling Bridalry Limited (Registered number: 11938701)

Balance Sheet - continued
30 April 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 November 2024 and were signed on its behalf by:




Miss S E Powell - Director



Miss H M Powell - Director


Sibling Bridalry Limited (Registered number: 11938701)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

Sibling Bridalry Limited 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
Although the company has net liabilities at the balance sheet date, the directors who are its main creditors have indicated that they are prepared to continue their financial support of the company.
As there is every expectation that the company will be able to continue to trade for the foreseeable future the accounts have been prepared on a going concern basis.

Turnover
Turnover represents sales of bridal wear. The company is not registered for value added tax.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance

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 Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.Due to the immaterial amount involved no provision has been made in the accounts.

3. EMPLOYEES AND DIRECTORS

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

Sibling Bridalry Limited (Registered number: 11938701)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 12,000
AMORTISATION
At 1 May 2023 9,600
Amortisation for year 2,400
At 30 April 2024 12,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 2,400

5. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 May 2023
and 30 April 2024 2,838
DEPRECIATION
At 1 May 2023 1,443
Charge for year 279
At 30 April 2024 1,722
NET BOOK VALUE
At 30 April 2024 1,116
At 30 April 2023 1,395

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Deposits 5,000 5,000
Directors' current accounts 92,034 88,471
Accrued expenses 601 600
97,635 94,071

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Other loans - 1-2 years 13,934 -

Sibling Bridalry Limited (Registered number: 11938701)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

8. ULTIMATE CONTROLLING PARTY

The controlling party is Miss H M Powell.