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Registered number: 06443114

Galaxy Bridal Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024

Prepared By:
Greenhalgh Johnson Ltd
Accountants & Tax Advisers
Elland House
22 High Street
Burgh le Marsh
Lincolnshire
PE24 5JT

Galaxy Bridal Ltd

ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
Keith Wallace Bloomfield
Denise Sarah Bloomfield
REGISTERED OFFICE
9 Baverstocks
Alton
Hampshire
GU34 2NT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 06443114
BANKERS
Lloyds Bank plc
ACCOUNTANTS
Greenhalgh Johnson Ltd
Accountants & Tax Advisers
Elland House
22 High Street
Burgh le Marsh
Lincolnshire
PE24 5JT

Galaxy Bridal Ltd

ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Galaxy Bridal Ltd

BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets27,0879,453
CURRENT ASSETS
Debtors32,0996,119
Cash at bank and in hand2755,659
2,37411,778
CREDITORS: Amounts falling due within one year413,23225,159
NET CURRENT LIABILITIES(10,858)(13,381)
TOTAL ASSETS LESS CURRENT LIABILITIES(3,771)(3,928)
CAPITAL AND RESERVES
Called up share capital622
Profit and loss account(3,773)(3,930)
SHAREHOLDERS' FUNDS(3,771)(3,928)
For the year ending 31/12/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18/03/2025 and signed on their behalf by
.............................
Keith Wallace Bloomfield
Director
.............................
Denise Sarah Bloomfield
Director

Galaxy Bridal Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting FRS
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Commercial Vehiclesreducing balance 25%
1c. Government Grants
Government grants are recognised based on the accrual model and are measured at the fair value of the asset received or receivable. Grants are classified as relating either to revenue or to assets. Grants relating to revenue are recognised in income over the period in which the related costs are recognised. Grants relating to assets are recognised over the expected useful life of the asset. Where part of a grant relating to an asset is deferred, it is recognised as deferred income.
2. TANGIBLE FIXED ASSETS
Plant andCommercial
MachineryVehiclesTotal
£££
Cost
At 01/01/20241,88211,74513,627
Disposals(108)-(108)
At 31/12/20241,77411,74513,519
Depreciation
At 01/01/20241,2382,9364,174
Disposals(104)-(104)
For the year1602,2022,362
At 31/12/20241,2945,1386,432
Net Book Amounts
At 31/12/20244806,6077,087
At 31/12/20236448,8099,453

Galaxy Bridal Ltd

3. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,5155,066
Prepayments40087
Directors current account184-
2,0995,153
Amounts falling due over more than one year
Long term debtor-966
-966
2,0996,119
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax8,64611,403
VAT3,1925,832
Directors current account-6,446
Trade creditors-30
Accruals1,3941,448
13,23225,159
5. EMPLOYEES
20242023
No.No.
Average number of employees22
6. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
2 Ordinary shares of £1 each22
22