Company Registration No. 7076043 (England and Wales)
LAURA MAY BRIDAL LTD
Unaudited accounts
for the year ended 31 March 2025
LAURA MAY BRIDAL LTD
Unaudited accounts
Contents
LAURA MAY BRIDAL LTD
Company Information
for the year ended 31 March 2025
Directors
L Cable
M Pearson
Company Number
7076043 (England and Wales)
Registered Office
112 Crwys Road
Cathays
Cardiff
CF24 4NQ
Accountants
STAS Ltd
253 Cowbridge Road West
Cardiff
CF5 5TD
LAURA MAY BRIDAL LTD
Statement of financial position
as at 31 March 2025
Tangible assets
30,454
33,676
Inventories
440,145
315,415
Cash at bank and in hand
235,737
254,466
Creditors: amounts falling due within one year
(853,193)
(843,656)
Net current liabilities
(11,606)
(128,866)
Total assets less current liabilities
18,848
(95,190)
Creditors: amounts falling due after more than one year
(10,488)
(33,750)
Provisions for liabilities
Deferred tax
(7,614)
(2,823)
Net assets/(liabilities)
746
(131,763)
Called up share capital
2
2
Profit and loss account
744
(131,765)
Shareholders' funds
746
(131,763)
For the year ending 31 March 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 20 November 2025 and were signed on its behalf by
M Pearson
Director
Company Registration No. 7076043
LAURA MAY BRIDAL LTD
Notes to the Accounts
for the year ended 31 March 2025
LAURA MAY BRIDAL LTD is a private company, limited by shares, registered in England and Wales, registration number 7076043. The registered office is 112 Crwys Road, Cathays, Cardiff, CF24 4NQ.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
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
5 years
Computer equipment
4 years
LAURA MAY BRIDAL LTD
Notes to the Accounts
for the year ended 31 March 2025
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
59,495
7,010
2,549
69,054
Additions
2,952
-
2,353
5,305
At 31 March 2025
62,447
7,010
4,902
74,359
At 1 April 2024
33,215
1,477
686
35,378
Charge for the year
6,355
1,402
770
8,527
At 31 March 2025
39,570
2,879
1,456
43,905
At 31 March 2025
22,877
4,131
3,446
30,454
At 31 March 2024
26,280
5,533
1,863
33,676
Amounts falling due within one year
Amounts falling due after more than one year
Amounts due from group undertakings etc.
139,190
106,815
Other debtors
26,220
33,251
LAURA MAY BRIDAL LTD
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
24,920
27,206
Trade creditors
245,709
269,363
Taxes and social security
72,023
6,257
Other creditors
2,095
43,440
Deferred income
461,023
474,573
7
Creditors: amounts falling due after more than one year
2025
2024
8
Average number of employees
During the year the average number of employees was 21 (2024: 21).