GIFTETTES LTD

Company Registration Number:
15151379 (England and Wales)

Unaudited statutory accounts for the year ended 30 September 2024

Period of accounts

Start date: 20 September 2023

End date: 30 September 2024

GIFTETTES LTD

Contents of the Financial Statements

for the Period Ended 30 September 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GIFTETTES LTD

Company Information

for the Period Ended 30 September 2024




Director: Mrs Sharon Biddell
Registered office: 3
Gorsty Bank
Snailbeach
Shrewsbury
GBR
SY5 0LX
Company Registration Number: 15151379 (England and Wales)

GIFTETTES LTD

Directors' Report Period Ended 30 September 2024

The directors present their report with the financial statements of the company for the period ended 30 September 2024

Principal Activities

Greeting cards publisher

Political and charitable donations

None

Directors

The director(s) shown below were appointed to the company during the period
Mrs Sharon Biddell
20 September 2023

This report was approved by the board of directors on 14 November 2024
And Signed On Behalf Of The Board By:

Name: Mrs Sharon Biddell
Status: Director

GIFTETTES LTD

Profit and Loss Account

for the Period Ended 30 September 2024


Notes

2024
£
Turnover 1,231
Cost of sales ( 9,510 )
Gross Profit or (Loss) ( 8,279 )
Income from coronavirus (COVID-19) business support grants 0
Distribution Costs ( 0 )
Administrative Expenses ( 0 )
Other operating income 0
Operating Profit or (Loss) ( 8,279 )
Interest Receivable and Similar Income 0
Interest Payable and Similar Charges ( 0 )
Profit or (Loss) Before Tax ( 8,279 )
Tax on Profit ( 0 )
Profit or (Loss) for Period ( 8,279 )

The notes form part of these financial statements

GIFTETTES LTD

Balance sheet

As at 30 September 2024


Notes

2024
£
Fixed assets
Intangible assets: 4 5,000
Tangible assets: 5 200
Total fixed assets: 5,200
Current assets
Debtors: 6 0
Cash at bank and in hand: 1,356
Total current assets: 1,356
Prepayments and accrued income: 0
Creditors: amounts falling due within one year: 7 ( 2,956 )
Net current assets (liabilities): ( 1,600 )
Total assets less current liabilities: 3,600
Creditors: amounts falling due after more than one year: 8 ( 0 )
Provision for liabilities: ( 0 )
Accruals and deferred income: ( 0 )
Total net assets (liabilities): 3,600

The notes form part of these financial statements

GIFTETTES LTD

Balance sheet continued

As at 30 September 2024


Notes

2024
£
Capital and reserves
Called up share capital: 3,600
Revaluation reserve: 9 0
Profit and loss account: 0
Shareholders funds: 3,600

For the year ending 30 September 2024 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 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.

This report was approved by the board of directors on 14 November 2024
And Signed On Behalf Of The Board By:

Name: Mrs Sharon Biddell
Status: Director

The notes form part of these financial statements

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    Quick books

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 2. Employees


    2024
    Average number of employees during the period 0

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

  • 3. Off balance sheet disclosure

    No

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

4. Intangible assets

Other Total
Cost £ £
Additions 5,000 5,000
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 5,000 5,000
Amortisation
Charge for year - -
On disposals - -
Other adjustments - -
Amortisation at 30 September 2024 - -
Net book value
Net book value at 30 September 2024 5,000 5,000

Stock unsalable

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

5. Tangible assets

Office equipment Total
Cost £ £
Additions 200 200
Disposals - -
Revaluations - -
Transfers - -
At 30 September 2024 200 200
Depreciation
Charge for year - -
On disposals - -
Other adjustments - -
At 30 September 2024 - -
Net book value
At 30 September 2024 200 200

Printer

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

6. Debtors


2024
£
Trade debtors 0
Total 0
Debtors due after more than one year: 0

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

7.Creditors: amounts falling due within one year note


2024
£
Amounts due under finance leases and hire purchase contracts 0
Trade creditors 0
Taxation and social security 0
Accruals and deferred income 0
Other creditors 2,956
Total 2,956

£7500 start up loan with the enterprise fund
£4291 PayPal credit for goods purchased
Total £11,791
Repayments are £350 month x12 = 4200

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

8.Creditors: amounts falling due after more than one year


2024
£
Other creditors 0
Total 0

GIFTETTES LTD

Notes to the Financial Statements

for the Period Ended 30 September 2024

9. Revaluation reserve


2024
£
Surplus or deficit after revaluation 0
Balance at 30 September 2024 0