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REGISTERED NUMBER: 08607405 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 July 2024

for

Pretty Weird Laboratories Limited

Pretty Weird Laboratories Limited (Registered number: 08607405)






Contents of the Financial Statements
for the Year Ended 31 July 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Pretty Weird Laboratories Limited

Company Information
for the Year Ended 31 July 2024







DIRECTOR: B A M Williams





SECRETARY: Mrs F Williams





REGISTERED OFFICE: 9 St George's Yard
Farnham
Surrey
GU9 7LW





REGISTERED NUMBER: 08607405 (England and Wales)





ACCOUNTANTS: Blackwood Futcher & Co.
Chartered Accountants
9 St George's Yard
Farnham
Surrey
GU9 7LW

Pretty Weird Laboratories Limited (Registered number: 08607405)

Balance Sheet
31 July 2024

31.7.24 31.7.23
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 2,162 1,497

CURRENT ASSETS
Debtors 5 138,551 136,329
Cash at bank 24,001 12,903
162,552 149,232
CREDITORS
Amounts falling due within one year 6 39,291 54,096
NET CURRENT ASSETS 123,261 95,136
TOTAL ASSETS LESS CURRENT
LIABILITIES

125,423

96,633

PROVISIONS FOR LIABILITIES 540 374
NET ASSETS 124,883 96,259

CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 124,873 96,249
124,883 96,259

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 April 2025 and were signed by:





B A M Williams - Director


Pretty Weird Laboratories Limited (Registered number: 08607405)

Notes to the Financial Statements
for the Year Ended 31 July 2024

1. STATUTORY INFORMATION

Pretty Weird Laboratories Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable of the company specialised design activities and represents amounts receivable for services rendered, stated net of discounts and of Value Added Tax.

The company recognises revenue when the amount of revenue can be measured reliably, when it is probable that future economic benefits will flow to the entity.

Tangible fixed assets
Tangible fixed assets are carried at cost less accumulated depreciation and accumulated impairment losses.

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over their estimated useful lives as follows:

Plant and machinery etc - 25% on cost

On disposal, the difference between the net disposal proceeds and the carrying amount of the item sold is recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 1 ) .

Pretty Weird Laboratories Limited (Registered number: 08607405)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2023 5,231
Additions 1,348
At 31 July 2024 6,579
DEPRECIATION
At 1 August 2023 3,734
Charge for year 683
At 31 July 2024 4,417
NET BOOK VALUE
At 31 July 2024 2,162
At 31 July 2023 1,497

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade debtors 3,785 29,952
Other debtors 134,766 106,377
138,551 136,329

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.7.24 31.7.23
£    £   
Trade creditors - 378
Taxation and social security 37,322 48,923
Other creditors 1,969 4,795
39,291 54,096

7. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 July 2024 and 31 July 2023:

31.7.24 31.7.23
£    £   
B A M Williams
Balance outstanding at start of year 87,605 84,033
Amounts advanced 180,653 114,248
Amounts repaid (144,264 ) (110,676 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 123,994 87,605

The maximum amount outstanding during the period and due to the company was £131,791 (2023 - £151,576). No interest was paid during the year on this balance.