Libby Smith Limited

Registered number: 07687911

	2024	2023
	£	£
Fixed assets	70,698	30,459

Current assets	122,541	79,931
Prepayments and accrued income	831	686
Creditors: Amounts Falling Due Within One Year	(92,401 )	(53,465 )

NET CURRENT ASSETS	30,971	27,152

TOTAL ASSETS LESS CURRENT LIABILITIES	101,669	57,611

Creditors: Amounts Falling Due After More Than One Year	(86,901 )	(53,577 )
Accruals and deferred income	-	(2,472 )

NET ASSETS	14,768	1,562

CAPITAL AND RESERVES	14,768	1,562

Notes

1. General Information

Libby Smith Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07687911 . The registered office is Riverside Building, New Bailey Street, Salford, M3 5FS.

2. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2023: 2)

3. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 January 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 December 2024
	£	£	£	£	£
Benjamin John Wood	7,613	12,177	-	-	19,790
Elizabeth Helen Theresa Smith	8,192	12,602	-	-	20,794

The above loan is unsecured, interest free and repayable on demand.

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 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 in accordance with the micro-entity provisions and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

On behalf of the board

Benjamin John Wood

Director

27/02/2025