Stitch By Stitch Limited


1 April 2019 false No description of principal activity Taxfiler 2020.14.4 07146263business:PrivateLimitedCompanyLtd2019-04-012020-03-31 071462632019-03-31 071462632019-04-012020-03-31 07146263business:AuditExemptWithAccountantsReport2019-04-012020-03-31 07146263business:FullAccounts2019-04-012020-03-31 071462632020-03-31 07146263business:Director12019-04-012020-03-31 07146263business:Director22019-04-012020-03-31 07146263business:RegisteredOffice2019-04-012020-03-31 071462632019-03-31 07146263core:WithinOneYear2020-03-31 07146263core:WithinOneYear2019-03-31 07146263core:ShareCapital2020-03-31 07146263core:ShareCapital2019-03-31 07146263core:RetainedEarningsAccumulatedLosses2020-03-31 07146263core:RetainedEarningsAccumulatedLosses2019-03-31 07146263business:SmallEntities2019-04-012020-03-31 07146263countries:EnglandWales2019-04-012020-03-31 071462632018-04-012019-03-31 iso4217:GBP xbrli:pure
Company Registration No. 07146263 (England and Wales)
Stitch By Stitch Limited Unaudited accounts for the year ended 31 March 2020
Stitch By Stitch Limited Unaudited accounts Contents
Page
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Stitch By Stitch Limited Company Information for the year ended 31 March 2020
Directors
G D Hollick K J S Shimali
Company Number
07146263 (England and Wales)
Registered Office
2 Farley Close Winchester Hants SO22 4JH
Accountants
Black & White Chartered Certified Accountants 2-3 Stable Court Herriard Park Herriard Hampshire RG25 2PL
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Stitch By Stitch Limited Statement of financial position as at 31 March 2020
2020 
2019 
Notes
£ 
£ 
Current assets
Inventories
14,482 
7,741 
Cash at bank and in hand
3,057 
13,820 
17,539 
21,561 
Creditors: amounts falling due within one year
(15,428)
(15,638)
Net current assets
2,111 
5,923 
Net assets
2,111 
5,923 
Capital and reserves
Called up share capital
2 
2 
Profit and loss account
2,109 
5,921 
Shareholders' funds
2,111 
5,923 
For the year ending 31 March 2020 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 30 November 2020 and were signed on its behalf by
G D Hollick Director Company Registration No. 07146263
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Stitch By Stitch Limited Notes to the Accounts for the year ended 31 March 2020
1
Statutory information
Stitch By Stitch Limited is a private company, limited by shares, registered in England and Wales, registration number 07146263. The registered office is 2 Farley Close, Winchester, Hants, SO22 4JH.
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.
4
Inventories
2020 
2019 
£ 
£ 
Finished goods
14,482 
7,741 
14,482 
7,741 
5
Creditors: amounts falling due within one year
2020 
2019 
£ 
£ 
Taxes and social security
78 
341 
Other creditors
87 
- 
Loans from directors
14,669 
14,943 
Accruals
594 
354 
15,428 
15,638 
6
Average number of employees
During the year the average number of employees was 0 (2019: 0).
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