Registered number: 06443114 | ||||||||
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 | ||||||||
REGISTERED OFFICE | ||||||||
Hampshire | ||||||||
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 Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
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 | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 2 | |||||||||
CURRENT ASSETS | ||||||||||
Debtors | 3 | |||||||||
Cash at bank and in hand | ||||||||||
2,374 | 11,778 | |||||||||
CREDITORS: Amounts falling due within one year | 4 | |||||||||
NET CURRENT LIABILITIES | ( | (13,381) | ||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 6 | |||||||||
Profit and loss account | (3,773) | (3,930) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
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 | ||||||||
Plant and Machinery | reducing balance 25% | |||||||
Commercial Vehicles | reducing 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 and | Commercial | |||||
Machinery | Vehicles | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 01/01/2024 | 1,882 | 11,745 | 13,627 | |||
Disposals | (108) | - | (108) | |||
At 31/12/2024 | 1,774 | 11,745 | 13,519 | |||
Depreciation | ||||||
At 01/01/2024 | 1,238 | 2,936 | 4,174 | |||
Disposals | (104) | - | (104) | |||
For the year | 160 | 2,202 | 2,362 | |||
At 31/12/2024 | 1,294 | 5,138 | 6,432 | |||
Net Book Amounts | ||||||
At 31/12/2024 | 7,087 | |||||
At 31/12/2023 | 9,453 | |||||
Galaxy Bridal Ltd | ||||||||
3. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 1,515 | 5,066 | ||||||
Prepayments | 400 | 87 | ||||||
Directors current account | 184 | - | ||||||
2,099 | 5,153 | |||||||
Amounts falling due over more than one year | ||||||||
Long term debtor | - | 966 | ||||||
- | 966 | |||||||
4. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
UK corporation tax | 8,646 | 11,403 | ||||||
VAT | 3,192 | 5,832 | ||||||
Directors current account | - | 6,446 | ||||||
Trade creditors | - | 30 | ||||||
Accruals | 1,394 | 1,448 | ||||||
13,232 | 25,159 | |||||||
5. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
6. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
2 | 2 | |||||||
2 | 2 | |||||||