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Registered Number: 13425214
LOOM DESIGNS LIMITED
Abridged Accounts
Period of accounts Start date: 01 June 2024 End date: 31 May 2025

Loom Designs Limited Contents Page For the year ended 31 May 2025
Statement of financial position | 1
Notes to the financial statements | 2

Loom Designs Limited Statement of Financial Position As at 31 May 2025
| Notes | 2025 £ |  | 2024 £
--- | --- | --- | --- | ---
Current assets |  |  |
Stocks |  | 34,000 |  | 12,500
Debtors |  | 1,170 |  | (1)
Cash at bank and in hand |  | 12,070 |  | 11,780
|  | 47,240 |  | 24,279
Creditors: amount falling due within one year |  | (63,540) |  | (44,478)
Net current assets |  | (16,300) |  | (20,199)
Total assets less current liabilities |  | (16,300) |  | (20,199)
Net assets |  | (16,300) |  | (20,199)
Capital and reserves |  |  |
Called up share capital | 3 | 100 |  | 2
Profit and loss account |  | (16,400) |  | (20,201)
Shareholders' funds |  | (16,300) |  | (20,199)
For the year ended 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. Directors' responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 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. The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A). The financial statements were approved by the board of directors on 21 January 2025 and were signed on its behalf by:
------------------------------- Gaynor Elizabeth French Director
1

Loom Designs Limited Notes to the Abridged Financial Statements For the year ended 31 May 2025
General Information Loom Designs Limited is a private company, limited by shares, registered in , registration number 13425214, registration address Home Farm, West Cranmore, Shepton Mallet, BA4 4QS. The presentation currency is £ sterling.
1. | Accounting policies Significant accounting policies Statement of compliance These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006. Basis of preparation The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies. The financial statements are prepared in sterling which is the functional currency of the company. Turnover Turnover comprises the invoiced value of goods and services supplied by the company, net of trade discounts. Stocks Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
2. | Average number of employees Average number of employees during the year was 2 (2024 : 2).
3. | Share Capital
Allotted, called up and fully paid | 2025 £ |  | 2024 £
--- | --- | --- | ---
100 Class A shares of £1.00 each | 100 |  | 100
| 100 |  | 100
2