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REGISTERED NUMBER: 11224507 (England and Wales)












FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 31 AUGUST 2024

FOR

BRIDAL TREASURES LTD

BRIDAL TREASURES LTD (REGISTERED NUMBER: 11224507)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 AUGUST 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


BRIDAL TREASURES LTD

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 31 AUGUST 2024







DIRECTOR: Mr M P Spurrell





REGISTERED OFFICE: 1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA





REGISTERED NUMBER: 11224507 (England and Wales)





ACCOUNTANTS: Mackenzies
Chartered Accountants
1 Langley Court
Pyle Street
Newport
Isle of Wight
PO30 1LA

BRIDAL TREASURES LTD (REGISTERED NUMBER: 11224507)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible assets 4 - 12,875

CURRENT ASSETS
Stocks 5 - 86,500
Debtors 6 - 1,130
Cash at bank - 16,133
- 103,763
CREDITORS
Amounts falling due within one year 7 121,406 119,239
NET CURRENT LIABILITIES (121,406 ) (15,476 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(121,406

)

(2,601

)

CREDITORS
Amounts falling due after more than one
year

8

-

3,426
NET LIABILITIES (121,406 ) (6,027 )

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings (121,407 ) (6,028 )
(121,406 ) (6,027 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

BRIDAL TREASURES LTD (REGISTERED NUMBER: 11224507)

BALANCE SHEET - continued
31 AUGUST 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 director and authorised for issue on 7 March 2025 and were signed by:





Mr M P Spurrell - Director


BRIDAL TREASURES LTD (REGISTERED NUMBER: 11224507)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 AUGUST 2024


1. STATUTORY INFORMATION

Bridal Treasures Ltd 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.

Fixtures and fittings - 20% on reducing balance
Computer equipment - 25% 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 period was 1 (2023 - 1 ) .

BRIDAL TREASURES LTD (REGISTERED NUMBER: 11224507)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 AUGUST 2024


4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£ £ £ £
COST
At 1 March 2023 13,495 - 11,011 24,506
Additions - 77,504 - 77,504
Disposals (13,495 ) (77,504 ) (11,011 ) (102,010 )
At 31 August 2024 - - - -
DEPRECIATION
At 1 March 2023 7,880 - 3,751 11,631
Eliminated on disposal (7,880 ) - (3,751 ) (11,631 )
At 31 August 2024 - - - -
NET BOOK VALUE
At 31 August 2024 - - - -
At 28 February 2023 5,615 - 7,260 12,875

5. STOCKS
2024 2023
£ £
Stock - 86,500

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade debtors - 1,130

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Bank loans and overdrafts 3,190 4,785
Directors' current accounts 116,034 112,871
Accrued expenses 2,182 1,583
121,406 119,239

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£ £
Bank loans - 1-2 years - 2,537
Bank loans - 2-5 years - 889
- 3,426

BRIDAL TREASURES LTD (REGISTERED NUMBER: 11224507)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 AUGUST 2024


9. ULTIMATE CONTROLLING PARTY

Ms N Spurrell was the ultimate controlling party by virtue of her 100% share holding in this company.