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Company Registration No. 10904004 (England and Wales)
BROMSGROVE CRAFTY MONKEYS LIMITED Unaudited accounts for the year ended 29 February 2024
BROMSGROVE CRAFTY MONKEYS LIMITED Unaudited accounts Contents
Page
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BROMSGROVE CRAFTY MONKEYS LIMITED Company Information for the year ended 29 February 2024
Directors
Lesley Edna Meeson David Richard Johnson
Company Number
10904004 (England and Wales)
Registered Office
OFFICE 42 IMEX BUSINESS CENTRE OXLEASOW ROAD REDDITCH WORCS B98 0RE ENGLAND
Accountants
AC Counts & Services Ltd Office 42 Imex Business Centre, Oxleasow Road Redditch Worcestershire B98 0RE
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BROMSGROVE CRAFTY MONKEYS LIMITED Statement of financial position as at 29 February 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
14,900 
16,049 
Current assets
Inventories
3,101 
2,462 
Debtors
17,076 
12,240 
Cash at bank and in hand
5 
3,350 
20,182 
18,052 
Creditors: amounts falling due within one year
(58,874)
(23,960)
Net current liabilities
(38,692)
(5,908)
Total assets less current liabilities
(23,792)
10,141 
Creditors: amounts falling due after more than one year
(39,042)
(39,435)
Net liabilities
(62,834)
(29,294)
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(62,836)
(29,296)
Shareholders' funds
(62,834)
(29,294)
For the year ending 29 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 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 30 November 2024 and were signed on its behalf by
Lesley Edna Meeson Director Company Registration No. 10904004
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BROMSGROVE CRAFTY MONKEYS LIMITED Notes to the Accounts for the year ended 29 February 2024
1
Statutory information
BROMSGROVE CRAFTY MONKEYS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 10904004. The registered office is OFFICE 42 IMEX BUSINESS CENTRE, OXLEASOW ROAD, REDDITCH, WORCS, B98 0RE, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
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
12.5% Reducing Balance Method
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Going Concern
The financial statements have been prepared on a going concern basis. This assumes the continued support of the directors. The directors have indicated their support will continue for the foreseeable future.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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BROMSGROVE CRAFTY MONKEYS LIMITED Notes to the Accounts for the year ended 29 February 2024
4
Tangible fixed assets
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 March 2023
31,243 
- 
31,243 
Additions
- 
1,140 
1,140 
At 29 February 2024
31,243 
1,140 
32,383 
Depreciation
At 1 March 2023
15,194 
- 
15,194 
Charge for the year
2,004 
285 
2,289 
At 29 February 2024
17,198 
285 
17,483 
Net book value
At 29 February 2024
14,045 
855 
14,900 
At 28 February 2023
16,049 
- 
16,049 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
174 
- 
Other debtors
16,900 
12,238 
17,074 
12,238 
Amounts falling due after more than one year
Other debtors
2 
2 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
5,982 
800 
VAT
4,419 
- 
Trade creditors
9,224 
4,381 
Taxes and social security
74 
- 
Other creditors
35,768 
16,633 
Loans from directors
1,355 
94 
Accruals
2,052 
2,052 
58,874 
23,960 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
18,180 
17,800 
Other creditors
20,862 
21,635 
39,042 
39,435 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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