2023-03-01 13197449 2024-02-28 13197449 2023-03-01 2024-02-28 13197449 2023-02-28 13197449 2022-03-01 2023-02-28 13197449 uk-core:WithinOneYear 2023-02-28 13197449 uk-core:WithinOneYear 2024-02-28 13197449 uk-core:ShareCapital 2024-02-28 13197449 uk-core:ShareCapital 2023-02-28 13197449 uk-core:RetainedEarningsAccumulatedLosses 2024-02-28 13197449 uk-core:RetainedEarningsAccumulatedLosses 2023-02-28 13197449 uk-bus:Director1 2023-03-01 2024-02-28 13197449 3 uk-bus:Director2 2024-02-28 13197449 3 uk-bus:Director2 2023-02-28 13197449 3 uk-bus:Director2 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure 13197449 uk-bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-28 13197449 uk-bus:FRS102 2023-03-01 2024-02-28 13197449 uk-bus:FilletedAccounts 2023-03-01 2024-02-28 13197449 uk-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28
Sewing Gem Ltd
Registered Number:13197449
For the year ended 28 February 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 28 February 2024
Sewing Gem Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
13197449
As at 28 February 2024
Sewing Gem Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Current assets
Inventories
24,815
12,245
3
Trade and other receivables
-
266
4
513
Cash and cash equivalents
866
13,377
25,328
Trade and other payables: amounts falling due within one
year
(3,828)
(7,612)
5
21,500
5,765
Net current assets
Total assets less current liabilities
5,765
21,500
5,765
Net assets
21,500
Capital and reserves
Called up share capital
120
120
Retained earnings
5,645
21,380
5,765
21,500
Shareholders' funds
For the year ended 28 February 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 of its financial statements for the year ended 28 February 2024 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Rebecca Irene Campbell Director
These financial statements were approved and authorised for issue by the Board on 19 November 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 28 February 2024
Sewing Gem Ltd
Notes to the Financial Statements
Statutory Information
Sewing Gem Ltd is a private limited company, limited by shares, domiciled in England and Wales, registration number
13197449.
Registered address:
Grove House
Halkyn
Holywell
Flintshire
CH8 8ES
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
2. Prior year adjustments
The Year Ended 28th February 2023 comparative net assets figure has been restated to reflect the true net asset
figure which was submitted to HMRC. This error was a movement of £3,013 from £24,513 to £21,500. This prior year
adjustment had the result of increasing purchases by £3,013.
3. Inventories
2023
2024
£
£
Stocks
12,245
24,815
4. Trade and other receivables
2023
2024
£
£
Other debtors
266
-
2 of 3
5
For the year ended 28 February 2024
Sewing Gem Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
-
3,828
Other creditors
7,612
-
7,612
3,828
6. Directors advances and guarantees
At 01/03/2023
Repaid
At 28/02/2024
£
£
£
Brett Peter Douglas Thebault
(5,500)
-
5,500
(5,500)
-
5,500
7. Average number of persons employed
During the year the average number of employees was 3 (2023 : 3)
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