Company Registration No. 10457804 (England and Wales)
Angela's of Margate Limited
Unaudited accounts
for the year ended 30 June 2024
Angela's of Margate Limited
Unaudited accounts
Contents
Angela's of Margate Limited
Company Information
for the year ended 30 June 2024
Directors
L P Coad
C L Forsdike
Company Number
10457804 (England and Wales)
Registered Office
7 CEDRIC ROAD
WESTGATE-ON-SEA
CT8 8NZ
ENGLAND
Accountants
Meades Accounting Limited
Mill Lane House
Mill Lane
Margate
CT9 1LB
Angela's of Margate Limited
Statement of financial position
as at 30 June 2024
Tangible assets
99,144
110,092
Cash at bank and in hand
240,518
178,924
Creditors: amounts falling due within one year
(151,186)
(157,746)
Net current assets
126,940
45,057
Total assets less current liabilities
226,084
155,149
Creditors: amounts falling due after more than one year
(17,812)
(24,788)
Provisions for liabilities
Deferred tax
(17,497)
(17,497)
Other provisions
(30,000)
-
Net assets
160,775
112,864
Called up share capital
2
2
Profit and loss account
160,773
112,862
Shareholders' funds
160,775
112,864
For the 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. 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 22 March 2025 and were signed on its behalf by
C L Forsdike
Director
Company Registration No. 10457804
Angela's of Margate Limited
Notes to the Accounts
for the year ended 30 June 2024
Angela's of Margate Limited is a private company, limited by shares, registered in England and Wales, registration number 10457804. The registered office is 7 CEDRIC ROAD, WESTGATE-ON-SEA, CT8 8NZ, 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 remained unchanged from the previous year, and also 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
15% reducing balance
Motor vehicles
Life of vehicle
Fixtures & fittings
15% reducing balance
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2023
29,240
41,932
116,570
187,742
At 30 June 2024
29,240
41,932
123,683
194,855
At 1 July 2023
6,672
12,056
58,922
77,650
Charge for the year
3,386
-
14,675
18,061
At 30 June 2024
10,058
12,056
73,597
95,711
At 30 June 2024
19,182
29,876
50,086
99,144
At 30 June 2023
22,568
29,876
57,648
110,092
Angela's of Margate Limited
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
28,667
11,222
Amounts due from group undertakings etc.
5,500
500
Accrued income and prepayments
791
3,157
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
5,573
5,573
Trade creditors
40,174
54,688
Taxes and social security
23,375
15,217
Other creditors
17,915
16,816
Loans from directors
(1,330)
4,818
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
17,812
24,788
8
Average number of employees
During the year the average number of employees was 30 (2023: 30).