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Company Registration No. 8957437 (England and Wales)
Ladybirds (Barnstaple) Limited Unaudited accounts for the year ended 31 March 2024
Ladybirds (Barnstaple) Limited Unaudited accounts Contents
Page
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Ladybirds (Barnstaple) Limited Company Information for the year ended 31 March 2024
Directors
C Hibbard T Hibbard
Company Number
8957437 (England and Wales)
Registered Office
Ladybirds (Barnstaple) Ltd Pilton Causeway BARNSTAPLE EX32 7AA
Accountants
North Devon Accounts 4 Cross Tree Centre Caen Street Braunton Devon EX33 1AA
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Ladybirds (Barnstaple) Limited Statement of financial position as at 31 March 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
32,749 
39,938 
Current assets
Debtors
135,548 
100,104 
Creditors: amounts falling due within one year
(41,495)
(98,229)
Net current assets
94,053 
1,875 
Total assets less current liabilities
126,802 
41,813 
Creditors: amounts falling due after more than one year
(124,182)
(41,495)
Net assets
2,620 
318 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,618 
316 
Shareholders' funds
2,620 
318 
For the year ending 31 March 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 11 November 2024 and were signed on its behalf by
C Hibbard Director Company Registration No. 8957437
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Ladybirds (Barnstaple) Limited Notes to the Accounts for the year ended 31 March 2024
1
Statutory information
Ladybirds (Barnstaple) Limited is a private company, limited by shares, registered in England and Wales, registration number 8957437. The registered office is Ladybirds (Barnstaple) Ltd, Pilton Causeway, BARNSTAPLE, EX32 7AA.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Fixtures & fittings
18%
4
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 April 2023
14,073 
93,648 
107,721 
At 31 March 2024
14,073 
93,648 
107,721 
Depreciation
At 1 April 2023
8,855 
58,928 
67,783 
Charge for the year
939 
6,250 
7,189 
At 31 March 2024
9,794 
65,178 
74,972 
Net book value
At 31 March 2024
4,279 
28,470 
32,749 
At 31 March 2023
5,218 
34,720 
39,938 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
3,081 
Other debtors
135,548 
97,023 
135,548 
100,104 
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Ladybirds (Barnstaple) Limited Notes to the Accounts for the year ended 31 March 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
47,861 
58,717 
Trade creditors
26,737 
34,080 
Taxes and social security
28,320 
33,447 
Loans from directors
(61,423)
(28,015)
41,495 
98,229 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
124,182 
41,495 
8
Average number of employees
During the year the average number of employees was 20 (2023: 20).
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