Registered number
08893474
NEW FOREST AND DORSET BRIDES LTD
Filleted Accounts
29 February 2024
NEW FOREST AND DORSET BRIDES LTD
Registered number: 08893474
Balance Sheet
as at 29 February 2024
Notes 2024 2023
£ £
Current assets
Stocks 16,867 16,193
Debtors 3 2,217 2,968
19,084 19,161
Creditors: amounts falling due within one year 4 (17,513) (23,406)
Net current assets/(liabilities) 1,571 (4,245)
Net liabilities (1,292) (4,245)
Capital and reserves
Called up share capital 1 1
Profit and loss account (1,293) (4,246)
Shareholder's funds (1,292) (4,245)
The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
C. Bailey
Director
Approved by the board on 20 December 2024
NEW FOREST AND DORSET BRIDES LTD
Notes to the Accounts
for the year ended 29 February 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable and net of discounts. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Going concern
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 1 1
3 Debtors 2024 2023
£ £
Trade debtors 1,410 2,968
4 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 4,533 9,546
Trade creditors 157 1,162
Directors loan account 8,891 10,729
Corporation tax 693 (1,012)
Other creditors 3,239 2,981
17,513 23,406
5 Other information
NEW FOREST AND DORSET BRIDES LTD is a private company limited by shares and incorporated in England.
14 Tiffany Close
Hordle
Lymington
SO41 0YB
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