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
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
Ladybirds (Barnstaple) Limited
Statement of financial position
as at 31 March 2024
Tangible assets
32,749
39,938
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)
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
Ladybirds (Barnstaple) Limited
Notes to the Accounts
for the year ended 31 March 2024
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.
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.
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:
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
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
At 31 March 2024
4,279
28,470
32,749
At 31 March 2023
5,218
34,720
39,938
Amounts falling due within one year
Other debtors
135,548
97,023
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)
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 20 (2023: 20).