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Company Registration No. 12844031 (England and Wales)
FUNKYCOLLECTIBLES LIMITED Unaudited accounts for the year ended 31 August 2024
FUNKYCOLLECTIBLES LIMITED Unaudited accounts Contents
Page
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FUNKYCOLLECTIBLES LIMITED Company Information for the year ended 31 August 2024
Director
Oluwafunke Margaret Asho
Company Number
12844031 (England and Wales)
Registered Office
257 BROMLEY ROAD LONDON SE6 2RA ENGLAND
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FUNKYCOLLECTIBLES LIMITED Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,058 
2,119 
Current assets
Debtors
1,664 
2,701 
Cash at bank and in hand
1,151 
889 
2,815 
3,590 
Creditors: amounts falling due within one year
(4,860)
(3,219)
Net current (liabilities)/assets
(2,045)
371 
Net (liabilities)/assets
(987)
2,490 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
(989)
2,488 
Shareholders' funds
(987)
2,490 
For the year ending 31 August 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 director acknowledges her 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 and authorised for issue on 27 March 2025 and were signed on its behalf by
Oluwafunke Margaret Asho Director Company Registration No. 12844031
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FUNKYCOLLECTIBLES LIMITED Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
FUNKYCOLLECTIBLES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12844031. The registered office is 257 BROMLEY ROAD, LONDON, SE6 2RA, 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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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%
Fixtures & fittings
20%
Computer equipment
20%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 September 2023
3,884 
550 
868 
5,302 
At 31 August 2024
3,884 
550 
868 
5,302 
Depreciation
At 1 September 2023
2,331 
330 
522 
3,183 
Charge for the year
777 
110 
174 
1,061 
At 31 August 2024
3,108 
440 
696 
4,244 
Net book value
At 31 August 2024
776 
110 
172 
1,058 
At 31 August 2023
1,553 
220 
346 
2,119 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
1,664 
2,701 
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FUNKYCOLLECTIBLES LIMITED Notes to the Accounts for the year ended 31 August 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
- 
87 
Loans from directors
4,385 
2,657 
Accruals
475 
475 
4,860 
3,219 
7
Average number of employees
During the year the average number of employees was 0 (2023: 0).
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