4 4 Rebekah Ella Ltd 12893759 false 2023-07-01 2024-06-30 2024-06-30 The principal activity of the company is Card and gift shop Digita Accounts Production Advanced 6.30.9574.0 true 12893759 2023-07-01 2024-06-30 12893759 2024-06-30 12893759 core:CurrentFinancialInstruments 2024-06-30 12893759 core:CurrentFinancialInstruments core:WithinOneYear 2024-06-30 12893759 core:Goodwill 2024-06-30 12893759 core:FurnitureFittingsToolsEquipment 2024-06-30 12893759 bus:SmallEntities 2023-07-01 2024-06-30 12893759 bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 12893759 bus:FilletedAccounts 2023-07-01 2024-06-30 12893759 bus:SmallCompaniesRegimeForAccounts 2023-07-01 2024-06-30 12893759 bus:RegisteredOffice 2023-07-01 2024-06-30 12893759 bus:Director1 2023-07-01 2024-06-30 12893759 bus:Director2 2023-07-01 2024-06-30 12893759 bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30 12893759 core:Goodwill 2023-07-01 2024-06-30 12893759 core:ComputerEquipment 2023-07-01 2024-06-30 12893759 core:FurnitureFittings 2023-07-01 2024-06-30 12893759 core:FurnitureFittingsToolsEquipment 2023-07-01 2024-06-30 12893759 countries:UnitedKingdom 2023-07-01 2024-06-30 12893759 2023-06-30 12893759 core:Goodwill 2023-06-30 12893759 core:FurnitureFittingsToolsEquipment 2023-06-30 12893759 2022-10-01 2023-06-30 12893759 2023-06-30 12893759 core:CurrentFinancialInstruments 2023-06-30 12893759 core:CurrentFinancialInstruments core:WithinOneYear 2023-06-30 12893759 core:Goodwill 2023-06-30 12893759 core:FurnitureFittingsToolsEquipment 2023-06-30 xbrli:pure iso4217:GBP

Registration number: 12893759

Rebekah Ella Ltd

trading as Daisy Daisy

Unaudited Filleted Financial Statements

for the Year Ended 30 June 2024

 

Rebekah Ella Ltd

trading as Daisy Daisy

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 9

 

Rebekah Ella Ltd

trading as Daisy Daisy

Company Information

Directors

Mrs Rebekah Ella Mudie

Mr Andrew Mudie

Registered office

5 Dderwen Deg
Lisvane
Cardiff
CF14 0TU

Accountants

AIMS Accountants for Business
 
C12
12 Cathedral Road
Cardiff
CF11 9LJ

 

Rebekah Ella Ltd

trading as Daisy Daisy

(Registration number: 12893759)
Balance Sheet as at 30 June 2024

Note

2024
£

2023
£

Fixed assets

 

Intangible assets

4

34,375

39,875

Tangible assets

5

8,161

2,708

 

42,536

42,583

Current assets

 

Stocks

6

46,986

50,114

Debtors

7

10,520

2,560

Cash at bank and in hand

 

18,776

35,606

 

76,282

88,280

Creditors: Amounts falling due within one year

8

(108,390)

(107,513)

Net current liabilities

 

(32,108)

(19,233)

Net assets

 

10,428

23,350

Capital and reserves

 

Called up share capital

100

100

Retained earnings

10,328

23,250

Shareholders' funds

 

10,428

23,350

For the financial year ending 30 June 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 6 March 2025 and signed on its behalf by:
 

 

Rebekah Ella Ltd

trading as Daisy Daisy

(Registration number: 12893759)
Balance Sheet as at 30 June 2024

.........................................
Mrs Rebekah Ella Mudie
Director

 

Rebekah Ella Ltd

trading as Daisy Daisy

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

1

General information

The company is a private company limited by share capital, incorporated in United Kingdom.

The address of its registered office is:
5 Dderwen Deg
Lisvane
Cardiff
CF14 0TU
Wales

These financial statements were authorised for issue by the Board on 6 March 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

 

Rebekah Ella Ltd

trading as Daisy Daisy

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures and Fittings

25% reducing balance

Office equipment

25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

10% straight line basis

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

 

Rebekah Ella Ltd

trading as Daisy Daisy

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

 

Rebekah Ella Ltd

trading as Daisy Daisy

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 4 (2023 - 4).

 

Rebekah Ella Ltd

trading as Daisy Daisy

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 July 2023

55,000

55,000

At 30 June 2024

55,000

55,000

Amortisation

At 1 July 2023

15,125

15,125

Amortisation charge

5,500

5,500

At 30 June 2024

20,625

20,625

Carrying amount

At 30 June 2024

34,375

34,375

At 30 June 2023

39,875

39,875

5

Tangible assets

Furniture, fittings and equipment
 £

Total
£

Cost or valuation

At 1 July 2023

5,924

5,924

Additions

8,174

8,174

At 30 June 2024

14,098

14,098

Depreciation

At 1 July 2023

3,216

3,216

Charge for the year

2,721

2,721

At 30 June 2024

5,937

5,937

Carrying amount

At 30 June 2024

8,161

8,161

At 30 June 2023

2,708

2,708

 

Rebekah Ella Ltd

trading as Daisy Daisy

Notes to the Unaudited Financial Statements for the Year Ended 30 June 2024

6

Stocks

2024
£

2023
£

Other inventories

46,986

50,114

7

Debtors

Current

2024
£

2023
£

Prepayments

3,351

2,560

Other debtors

7,169

-

 

10,520

2,560

8

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Trade creditors

15,273

3,742

Taxation and social security

210

9,884

Accruals and deferred income

938

849

Other creditors

91,969

93,038

108,390

107,513