2023-07-17 15006482 2024-07-31 15006482 2023-07-17 2024-07-31 15006482 uk-core:WithinOneYear 2024-07-31 15006482 uk-core:AfterOneYear 2024-07-31 15006482 uk-core:ShareCapital 2024-07-31 15006482 uk-core:RetainedEarningsAccumulatedLosses 2024-07-31 15006482 uk-bus:Director1 2023-07-17 2024-07-31 15006482 uk-core:Goodwill 2023-07-17 2024-07-31 15006482 uk-core:Goodwill 2024-07-31 15006482 uk-core:WithinOneYear 2024-07-31 iso4217:GBP xbrli:pure 15006482 uk-bus:AuditExemptWithAccountantsReport 2023-07-17 2024-07-31 15006482 uk-bus:FRS102 2023-07-17 2024-07-31 15006482 uk-bus:FilletedAccounts 2023-07-17 2024-07-31 15006482 uk-bus:PrivateLimitedCompanyLtd 2023-07-17 2024-07-31
Lovingly Made With Threads Ltd
Registered Number:15006482
For the period ended 31 July 2024
England and Wales
Unaudited Financial Statements
2
For the period ended 31 July 2024
Lovingly Made With Threads Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
15006482
As at 31 July 2024
Lovingly Made With Threads Ltd
Statement of Financial Position
£
2024
Notes
Fixed assets
Intangible assets
13,400
2
Property, plant and equipment
3,784
3
17,184
Current assets
Inventories
21,625
4
Cash and cash equivalents
751
22,376
Trade and other payables: amounts falling due within one
year
(23,942)
5
(1,566)
Net current liabilities
Total assets less current liabilities
15,618
Trade and other payables: amounts falling due after more
than one year
(14,714)
6
(719)
Provisions for liabilities
185
Net assets/liabilities
Capital and reserves
Called up share capital
1
Retained earnings
184
185
Shareholders' funds
For the period ended 31 July 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 period ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
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4
Registered Number :
15006482
For the period ended 31 July 2024
Lovingly Made With Threads Ltd
Statement of Financial Position Continued
Mrs Linda Osborne Director
These financial statements were approved and authorised for issue by the Board on 14 February 2025 and were signed by:
The notes form part of these financial statements
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5
For the period ended 31 July 2024
Lovingly Made With Threads Ltd
Notes to the Financial Statements
Statutory Information
Lovingly Made With Threads Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 15006482.
Registered address:
40 Clwyd Street
Ruthin
Flintshire
LL15 1HW
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. Intangible fixed assets
Goodwill
Cost or valuation
£
Additions
15,250
At 31 July 2024
15,250
Amortisation
1,850
Charge for period
At 31 July 2024
1,850
Net book value
At 31 July 2024
13,400
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6
For the period ended 31 July 2024
Lovingly Made With Threads Ltd
Notes to the Financial Statements Continued
3. Property, plant and equipment
Plant and
Machinery
£
Cost or
valuation
4,204
Additions
At 31 July 2024
4,204
Provision for depreciation and impairment
Charge for period
420
At 31 July 2024
420
At 31 July 2024
Net book value
3,784
4. Inventories
2024
£
Stocks
21,625
5. Trade and other payables: amounts falling due within one year
2024
£
Bank loans and overdraft
12,032
Accruals and deferred income
120
Other creditors
11,790
23,942
6. Trade and other payables: amounts falling due after more than one year
2024
£
14,714
Directors' loan accounts
7. Average number of persons employed
During the year the average number of employees was 2
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