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Company Registration No. 14292052 (England and Wales)
Petals & Pastries Ltd Unaudited accounts for the year ended 31 August 2024
Petals & Pastries Ltd Unaudited accounts Contents
Page
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Petals & Pastries Ltd Company Information for the year ended 31 August 2024
Director
Cathryn Smith
Company Number
14292052 (England and Wales)
Registered Office
28 Terminus Road Sheffield SOUTH YORKSHIRE S7 2LH UNITED KINGDOM
Accountants
HART SIMPSON 65 Ward Street New Tupton Chesterfield Derbyshire S42 6XR
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Petals & Pastries Ltd Statement of financial position as at 31 August 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
20,722 
20,865 
Current assets
Cash at bank and in hand
3,290 
2,330 
Creditors: amounts falling due within one year
(19,610)
(17,054)
Net current liabilities
(16,320)
(14,724)
Net assets
4,402 
6,141 
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
4,401 
6,140 
Shareholders' funds
4,402 
6,141 
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 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 8 May 2025 and were signed on its behalf by
Cathryn Smith Director Company Registration No. 14292052
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Petals & Pastries Ltd Notes to the Accounts for the year ended 31 August 2024
1
Statutory information
Petals & Pastries Ltd is a private company, limited by shares, registered in England and Wales, registration number 14292052. The registered office is 28 Terminus Road, Sheffield, SOUTH YORKSHIRE, S7 2LH, UNITED KINGDOM.
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.
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 September 2023
20,865 
Additions
900 
At 31 August 2024
21,765 
Depreciation
Charge for the year
1,043 
At 31 August 2024
1,043 
Net book value
At 31 August 2024
20,722 
At 31 August 2023
20,865 
5
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
- 
(1)
Trade creditors
350 
352 
Loans from directors
19,260 
16,703 
19,610 
17,054 
6
Average number of employees
During the year the average number of employees was 1 (2023: 1).
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