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REGISTERED NUMBER: 08055146 (England and Wales)















Unaudited Financial Statements for the Year Ended 28 February 2024

for

Direct 4 Baby Limited

Direct 4 Baby Limited (Registered number: 08055146)






Contents of the Financial Statements
for the Year Ended 28 February 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Direct 4 Baby Limited

Company Information
for the Year Ended 28 February 2024







DIRECTORS: G Howard
D Ball





REGISTERED OFFICE: Direct House
8 Langley Place, Burscough
Lancashire
L40 8JS





REGISTERED NUMBER: 08055146 (England and Wales)





ACCOUNTANTS: Haines Watts
3rd Floor Pacific Chambers
11-13 Victoria Street
Liverpool
Merseyside
L2 5QQ

Direct 4 Baby Limited (Registered number: 08055146)

Balance Sheet
28 February 2024

28.2.24 28.2.23
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 88,077 85,185

CURRENT ASSETS
Stocks 544,269 1,191,974
Debtors 5 28,850 77,407
Cash at bank 80,248 62,878
653,367 1,332,259
CREDITORS
Amounts falling due within one year 6 490,715 977,452
NET CURRENT ASSETS 162,652 354,807
TOTAL ASSETS LESS CURRENT
LIABILITIES

250,729

439,992

CREDITORS
Amounts falling due after more than one
year

7

21,656

26,667
NET ASSETS 229,073 413,325

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 229,071 413,323
229,073 413,325

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2024.

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 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.

Direct 4 Baby Limited (Registered number: 08055146)

Balance Sheet - continued
28 February 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 19 November 2024 and were signed on its behalf by:





G Howard - Director


Direct 4 Baby Limited (Registered number: 08055146)

Notes to the Financial Statements
for the Year Ended 28 February 2024

1. STATUTORY INFORMATION

Direct 4 Baby 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
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost and 15% 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.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 17 ) .

Direct 4 Baby Limited (Registered number: 08055146)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 March 2023 126,811
Additions 25,859
At 28 February 2024 152,670
DEPRECIATION
At 1 March 2023 41,626
Charge for year 22,967
At 28 February 2024 64,593
NET BOOK VALUE
At 28 February 2024 88,077
At 28 February 2023 85,185

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£ £
Trade debtors 28,850 77,407

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
28.2.24 28.2.23
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 400,765 899,506
Taxation and social security 29,877 17,270
Other creditors 50,073 50,676
490,715 977,452

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
28.2.24 28.2.23
£ £
Bank loans 21,656 26,667

Direct 4 Baby Limited (Registered number: 08055146)

Notes to the Financial Statements - continued
for the Year Ended 28 February 2024

8. RELATED PARTY DISCLOSURES

During the year, in the normal course of business, the Company traded with PLH Consulting Ltd, a Company owned by Mrs P Howard, wife of Director, Mr G Howard. Included within consultancy expenses are transactions amounting to £13,420 (2023: £13,000). At the end of the year, included within trade creditors is an amount due of £2,667 (2023: £3,250) due to PLH Consulting Ltd.

Also during the year, in the normal course of business, the Company traded with HB Products Ltd, a Company owned by Mr G Howard and Mr D Ball. Included within purchases are amounts of £Nil (2023: £76,166). At the end of the year, included within trade creditors is an amount due to HB Products Ltd of £134,506 (2023: £238,886).