REGISTERED NUMBER: 05815062

Unaudited Financial Statements for the Year Ended 31 December 2024

for

1882 Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Ms E L Johnson

REGISTERED OFFICE:

1882ltd @ Wedgwood Wedgwood Drive

Barlaston

Stoke On Trent

ST12 9ER

REGISTERED NUMBER:

05815062

ACCOUNTANTS:

Flourish Finance Limited

A6 Arundel House

Ackhurst Business Park

Foxhole Road

Chorley

Lancashire

PR7 1NY

FIXED ASSETS

Tangible assets

4

208,683

234,355

CURRENT ASSETS

Stocks

390,339

144,094

Debtors

5

148,515

272,719

Cash in hand

18,066

88,712

556,920

505,525

CREDITORS

Amounts falling due within one year

6

377,548

304,485

NET CURRENT ASSETS

179,372

201,040

TOTAL ASSETS LESS CURRENT LIABILITIES

388,055

435,395

CREDITORS

Amounts falling due after more than one year

7

(63,770

)

(76,846

)

PROVISIONS FOR LIABILITIES

(20,008

)

-

NET ASSETS

304,277

358,549

CAPITAL AND RESERVES

Called up share capital

500

500

Retained earnings

303,777

358,049

304,277

358,549

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

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

The director acknowledges her 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 4 September 2025 and were signed by:

Ms E L Johnson - Director

1.	STATUTORY INFORMATION

1882 Limited is a private company, limited by shares , registered in Not specified/Other. 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, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and machinery 15% per annum reducing balance

Fixtures, fittings & equipment 20% per annum reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

384,816

Additions

12,534

At 31 December 2024

397,350

DEPRECIATION

At 1 January 2024

150,461

Charge for year

38,206

At 31 December 2024

188,667

NET BOOK VALUE

At 31 December 2024

208,683

At 31 December 2023

234,355

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

146,640

256,587

Other debtors

1,875

16,132

148,515

272,719

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

26,653

23,224

Trade creditors

121,423

110,652

Taxation and social security

122,815

106,458

Other creditors

106,657

64,151

377,548

304,485

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

63,770

76,846