Company Registration No. 10761171 (England and Wales)
The Bridal Suite Limited
Unaudited accounts
for the year ended 31 May 2020
The Bridal Suite Limited
Unaudited accounts
Contents
The Bridal Suite Limited
Company Information
for the year ended 31 May 2020
Directors
Asghar Khan
Abid Khan
Company Number
10761171 (England and Wales)
Registered Office
14 SHEARBRIDGE ROAD
BRADFORD
WEST YORKSHIRE
BD7 1NP
UNITED KINGDOM
The Bridal Suite Limited
Statement of financial position
as at 31 May 2020
Intangible assets
5,994
5,994
Tangible assets
39,328
45,565
Cash at bank and in hand
6,756
2,402
Creditors: amounts falling due within one year
(161,589)
(115,717)
Net current assets/(liabilities)
2,015
(49,635)
Called up share capital
1
1
Profit and loss account
47,336
1,923
Shareholders' funds
47,337
1,924
For the year ending 31 May 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 27 May 2021 and were signed on its behalf by
Asghar Khan
Director
Company Registration No. 10761171
The Bridal Suite Limited
Notes to the Accounts
for the year ended 31 May 2020
The Bridal Suite Limited is a private company, limited by shares, registered in England and Wales, registration number 10761171. The registered office is 14 SHEARBRIDGE ROAD, BRADFORD, WEST YORKSHIRE, BD7 1NP, 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.
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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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:
Plant & machinery
15% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
The Bridal Suite Limited
Notes to the Accounts
for the year ended 31 May 2020
5
Tangible fixed assets
Plant & machinery
6
Debtors: amounts falling due within one year
2020
2019
7
Creditors: amounts falling due within one year
2020
2019
Bank loans and overdrafts
50,000
-
Trade creditors
75,930
69,768
Taxes and social security
6,952
12,443
Other creditors
890
36,499
Loans from directors
6,587
(2,993)
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
9
Average number of employees
During the year the average number of employees was 15 (2019: 15).
