Company Registration No. 12235790 (England and Wales)
With Bling Ltd
Unaudited accounts
for the year ended 31 December 2024
With Bling Ltd
Unaudited accounts
Contents
With Bling Ltd
Company Information
for the year ended 31 December 2024
Company Number
12235790 (England and Wales)
Registered Office
89 Leather Lane
London
EC1N 7TS
Accountants
Selma Felton FCPFA for and behalf of Selma Felton Ltd
Trading as On The Spot
With Bling Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
9,124
9,202
Inventories
191,966
206,516
Cash at bank and in hand
14,924
8,337
Creditors: amounts falling due within one year
(168,339)
(195,504)
Net current assets
59,343
55,941
Called up share capital
1
1
Profit and loss account
68,466
67,542
Shareholders' funds
68,467
67,543
For the year ending 31 December 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 his 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 19 March 2025 and were signed on its behalf by
Moon Jin Cho
Director
Company Registration No. 12235790
With Bling Ltd
Notes to the Accounts
for the year ended 31 December 2024
With Bling Ltd is a private company, limited by shares, registered in England and Wales, registration number 12235790. The registered office is 89 Leather Lane, London, EC1N 7TS.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised on a straight line basis over its estimated useful economic life of 5 years.
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
25% straight line basis
Fixtures & fittings
25% straight line basis
Computer equipment
25% straight line basis
4
Intangible fixed assets
Goodwill
At 31 December 2024
12,000
At 31 December 2024
12,000
Goodwill is amortised on a straight line basis over its useful economic life of 5 years.
With Bling Ltd
Notes to the Accounts
for the year ended 31 December 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 January 2024
2,202
2,867
8,131
13,200
Additions
1,679
-
2,739
4,418
At 31 December 2024
3,881
2,867
10,870
17,618
At 1 January 2024
132
113
3,753
3,998
Charge for the year
970
717
2,809
4,496
At 31 December 2024
1,102
830
6,562
8,494
At 31 December 2024
2,779
2,037
4,308
9,124
At 31 December 2023
2,070
2,754
4,378
9,202
Amounts falling due within one year
Trade debtors
18,623
31,007
Accrued income and prepayments
1,934
5,585
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
14,167
24,167
Taxes and social security
38,322
60,413
Other creditors
40,760
49,973
Loans from directors
601
601
8
Average number of employees
During the year the average number of employees was 6 (2023: 5).