Company Registration No. 08370654 (England and Wales)
LIVERPOOL EMBROIDERY LIMITED
Unaudited accounts
for the year ended 31 January 2024
LIVERPOOL EMBROIDERY LIMITED
Unaudited accounts
Contents
LIVERPOOL EMBROIDERY LIMITED
Company Information
for the year ended 31 January 2024
Company Number
08370654 (England and Wales)
Registered Office
Liverpool Embroidery Ltd
95 Green Lane
Stoneycroft
Liverpool
Merseyside
L13 7BB
England
Accountants
SJH Accountancy Services
6 Moorbridge Close
Bootle
Liverpool
L30 7RL
LIVERPOOL EMBROIDERY LIMITED
Statement of financial position
as at 31 January 2024
Tangible assets
156,877
150,948
Cash at bank and in hand
50,444
15,470
Creditors: amounts falling due within one year
(39,857)
(36,713)
Net current assets/(liabilities)
16,908
(10,356)
Total assets less current liabilities
173,785
140,592
Creditors: amounts falling due after more than one year
(109,498)
(77,255)
Called up share capital
1
1
Profit and loss account
64,286
63,336
Shareholders' funds
64,287
63,337
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 22 February 2024 and were signed on its behalf by
Mr D Clarkson
Director
Company Registration No. 08370654
LIVERPOOL EMBROIDERY LIMITED
Notes to the Accounts
for the year ended 31 January 2024
LIVERPOOL EMBROIDERY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 08370654. The registered office is Liverpool Embroidery Ltd, 95 Green Lane, Stoneycroft, Liverpool, Merseyside, L13 7BB, England.
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:
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
150,703
900
151,603
At 31 January 2024
150,703
7,919
158,622
At 1 February 2023
-
655
655
Charge for the year
-
1,090
1,090
At 31 January 2024
-
1,745
1,745
At 31 January 2024
150,703
6,174
156,877
At 31 January 2023
150,703
245
150,948
LIVERPOOL EMBROIDERY LIMITED
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,912
14,912
Taxes and social security
20,866
13,354
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
94,357
52,136
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).