LINEN GALAXY LIMITED

Company Registration Number:
10767718 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2024

Period of accounts

Start date: 01 June 2023

End date: 31 May 2024

LINEN GALAXY LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 10

LINEN GALAXY LIMITED

Company Information

for the Period Ended 31 May 2024




Director: Samra HANIF
Registered office: 72
North Street
Manchester
England
M8 8RA
Company Registration Number: 10767718 (England and Wales)

LINEN GALAXY LIMITED

Balance sheet

As at 31 May 2024


Notes

2024
£

2023
£
Fixed assets
Total fixed assets: - -
Current assets
Stocks: 37,879 52,728
Debtors: 5 67,589 37,064
Cash at bank and in hand: 3,137 5,283
Total current assets: 108,605 95,075
Creditors: amounts falling due within one year: 6 ( 54,762 ) ( 55,853 )
Net current assets (liabilities): 53,843 39,222
Total assets less current liabilities: 53,843 39,222
Creditors: amounts falling due after more than one year: 7 ( 53,803 ) ( 37,978 )
Total net assets (liabilities): 40 1,244

The notes form part of these financial statements

LINEN GALAXY LIMITED

Balance sheet continued

As at 31 May 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 1 1
Profit and loss account: 39 1,243
Shareholders funds: 40 1,244

For the year ending 31 May 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 28 May 2025
And Signed On Behalf Of The Board By:

Name: Samra HANIF
Status: Director

The notes form part of these financial statements

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 2 2

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

  • 3. Off balance sheet disclosure

    No

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

4. Dividends


2024
£

2023
£
Dividends paid 9,000 25,250

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

5. Debtors


2024
£

2023
£
Trade debtors 67,589 37,064
Total 67,589 37,064

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 26,235 42,199
Taxation and social security 13,837 7,301
Accruals and deferred income 10,971 2,544
Other creditors 3,719 3,809
Total 54,762 55,853

LINEN GALAXY LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 53,803 37,978
Total 53,803 37,978