Company Registration No. 14759501 (England and Wales)
Little Crafters Ltd
accounts
for the period from 27 March 2023 to 31 March 2024
Little Crafters Ltd
accounts
Contents
Little Crafters Ltd
Statement of financial position
as at 31 March 2024
Cash at bank and in hand
4,404
Creditors: amounts falling due within one year
(132,750)
Net current liabilities
(124,204)
Called up share capital
10
Profit and loss account
(65,757)
Shareholders' funds
(65,747)
For the period ending 31 March 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 March 2025 and were signed on its behalf by
Maja Olga Betsy
Director
Company Registration No. 14759501
Little Crafters Ltd
Notes to the Accounts
for the period from 27 March 2023 to 31 March 2024
Little Crafters Ltd is a private company, limited by shares, registered in England and Wales, registration number 14759501. The registered office is 7 Mount Grace Road, Potters Bar, EN6 1RE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Fixtures & fittings
20% reducing balance
Computer equipment
20% reducing balance
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
Additions
8,763
64,163
146
73,072
At 31 March 2024
8,763
64,163
146
73,072
Charge for the period
1,753
12,833
29
14,615
At 31 March 2024
1,753
12,833
29
14,615
At 31 March 2024
7,010
51,330
117
58,457
Amounts falling due within one year
Little Crafters Ltd
Notes to the Accounts
for the period from 27 March 2023 to 31 March 2024
6
Creditors: amounts falling due within one year
2024
Taxes and social security
3,985
Loans from directors
108,765
7
Average number of employees
During the period the average number of employees was 2.