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REGISTERED NUMBER: 11596165 (England and Wales)















Financial Statements for the Period 1 October 2022 to 30 March 2024

for

Tapestries Ltd

Tapestries Ltd (Registered number: 11596165)






Contents of the Financial Statements
for the Period 1 October 2022 to 30 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Tapestries Ltd

Company Information
for the Period 1 October 2022 to 30 March 2024







DIRECTOR: Ms T Skyrme





REGISTERED OFFICE: Unit 4, Dane John Works
Gordon Road
Canterbury
Kent
CT1 3PP





REGISTERED NUMBER: 11596165 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

Tapestries Ltd (Registered number: 11596165)

Balance Sheet
30 March 2024

2024 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 2,126 1,224

CURRENT ASSETS
Debtors 5 91,620 6,896
Cash at bank 5,530 67,833
97,150 74,729
CREDITORS
Amounts falling due within one year 6 90,265 50,777
NET CURRENT ASSETS 6,885 23,952
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,011

25,176

CREDITORS
Amounts falling due after more than one
year

7

8,533

13,945
NET ASSETS 478 11,231

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 378 11,131
478 11,231

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Tapestries Ltd (Registered number: 11596165)

Balance Sheet - continued
30 March 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 10 March 2025 and were signed by:





Ms T Skyrme - Director


Tapestries Ltd (Registered number: 11596165)

Notes to the Financial Statements
for the Period 1 October 2022 to 30 March 2024

1. STATUTORY INFORMATION

Tapestries 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.
Plant and machinery - 25% on cost

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

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 2 (2022 - 1 ) .

Tapestries Ltd (Registered number: 11596165)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 30 March 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1 October 2022 3,653 - - 3,653
Additions - 262 1,382 1,644
At 30 March 2024 3,653 262 1,382 5,297
DEPRECIATION
At 1 October 2022 2,429 - - 2,429
Charge for period 413 52 277 742
At 30 March 2024 2,842 52 277 3,171
NET BOOK VALUE
At 30 March 2024 811 210 1,105 2,126
At 30 September 2022 1,224 - - 1,224

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade debtors 28,939 6,896
Directors' current accounts 62,356 -
Prepayments and accrued income 325 -
91,620 6,896

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2022
£    £   
Trade creditors - 281
Tax 59,716 39,181
Social security and other taxes 442 44
VAT 9,646 9,770
Other creditors 20,461 1
Directors' current accounts - 300
Accruals and deferred income - 1,200
90,265 50,777

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2022
£    £   
Bank loans - 1-2 years 8,533 10,355
Bounce back loan - 3,590
8,533 13,945

Tapestries Ltd (Registered number: 11596165)

Notes to the Financial Statements - continued
for the Period 1 October 2022 to 30 March 2024

8. RELATED PARTY DISCLOSURES

During the period, total dividends of £160,000 (2022 - £160,000) were paid to the director .