Company Registration No. 07146263 (England and Wales)
Stitch By Stitch Limited
Unaudited accounts
for the year ended 31 March 2022
Stitch By Stitch Limited
Unaudited accounts
Contents
Stitch By Stitch Limited
Company Information
for the year ended 31 March 2022
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
Stitch By Stitch Limited
Statement of financial position
as at 31 March 2022
Cash at bank and in hand
5,656
9,624
Creditors: amounts falling due within one year
(16,276)
(17,071)
Net current (liabilities)/assets
(1,984)
3,755
Called up share capital
2
2
Profit and loss account
12
3,753
Shareholders' funds
14
3,755
For the year ending 31 March 2022 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 2022 and were signed on its behalf by
G D Hollick
Director
Company Registration No. 07146263
Stitch By Stitch Limited
Notes to the Accounts
for the year ended 31 March 2022
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.
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.
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:
Computer equipment
20% Straight Line
4
Tangible fixed assets
Computer equipment
5
Creditors: amounts falling due within one year
2022
2021
Taxes and social security
-
1,324
Loans from directors
15,621
14,721
Stitch By Stitch Limited
Notes to the Accounts
for the year ended 31 March 2022
6
Average number of employees
During the year the average number of employees was 0 (2021: 0).
