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Company Registration No. 05145653 (England and Wales)
THE BEAD SHOP (NOTTINGHAM) LIMITED Unaudited accounts for the year ended 30 April 2025
THE BEAD SHOP (NOTTINGHAM) LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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THE BEAD SHOP (NOTTINGHAM) LIMITED Company Information for the year ended 30 April 2025
Directors
Mr R Bellingham Ms H Glover
Company Number
05145653 (England and Wales)
Registered Office
7 MARKET STREET NOTTINGHAM NG1 6HY United Kingdom
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THE BEAD SHOP (NOTTINGHAM) LIMITED Statement of financial position as at 30 April 2025
2025
2024
Notes
£
£
Fixed assets
Tangible assets
4
27,525
34,406
Current assets
Inventories
96,192
104,586
Cash at bank and in hand
7,597
11,612
103,789
116,198
Creditors: amounts falling due within one year
5
(62,948)
(84,207)
Net current assets
40,841
31,991
Total assets less current liabilities
68,366
66,397
Creditors: amounts falling due after more than one year
6
(20,518)
(20,518)
Net assets
47,848
45,879
Capital and reserves
Called up share capital
100
100
Profit and loss account
47,748
45,779
Shareholders' funds
47,848
45,879
For the year ending 30 April 2025 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 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 of Directors and authorised for issue on 21 October 2025 and were signed on its behalf by
Mr R Bellingham Director Company Registration No. 05145653
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THE BEAD SHOP (NOTTINGHAM) LIMITED Notes to the Accounts for the year ended 30 April 2025
1
Statutory information
THE BEAD SHOP (NOTTINGHAM) LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05145653. The registered office is 7 MARKET STREET, NOTTINGHAM, NG1 6HY, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Fixtures & fittings
20% Reducing Balance Method
4
Tangible fixed assets
Fixtures & fittings
Computer equipment
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 May 2024
105,170
24,996
130,166
At 30 April 2025
105,170
24,996
130,166
Depreciation
At 1 May 2024
70,764
24,996
95,760
Charge for the year
6,881
-
6,881
At 30 April 2025
77,645
24,996
102,641
Net book value
At 30 April 2025
27,525
-
27,525
At 30 April 2024
34,406
-
34,406
5
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
5,389
9,763
VAT
6,044
6,413
Trade creditors
-
20,574
Loans from directors
51,515
47,457
62,948
84,207
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THE BEAD SHOP (NOTTINGHAM) LIMITED Notes to the Accounts for the year ended 30 April 2025
6
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
20,518
20,518
7
Average number of employees
During the year the average number of employees was 7 (2024: 7).
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