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REGISTERED NUMBER: 08499775 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2022

FOR

FLOCK AND HERD LTD

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 7

FLOCK AND HERD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2022







DIRECTORS: J H Shaw
C H Shaw





REGISTERED OFFICE: Room 405
Highland House
165 The Broadway
Wimbledon
SW19 1NE





REGISTERED NUMBER: 08499775 (England and Wales)





ACCOUNTANTS: Z group
Room 405
Highland House
165 The Broadway
London
SW19 1NE

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

BALANCE SHEET
30 APRIL 2022

30.4.22 30.4.21
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 977,124 622,530
977,124 622,530

CURRENT ASSETS
Stocks 6 21,000 17,500
Debtors 7 99,600 60,717
Cash at bank and in hand 162,428 340,953
283,028 419,170
CREDITORS
Amounts falling due within one year 8 125,347 140,230
NET CURRENT ASSETS 157,681 278,940
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,134,805

901,470

CREDITORS
Amounts falling due after more than one
year

9

(542,997

)

(261,511

)

PROVISIONS FOR LIABILITIES (43,932 ) (41,289 )
NET ASSETS 547,876 598,670

CAPITAL AND RESERVES
Called up share capital 101 100
Share premium 2,041 -
Retained earnings 545,734 598,570
SHAREHOLDERS' FUNDS 547,876 598,670

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2022 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

BALANCE SHEET - continued
30 APRIL 2022


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 August 2022 and were signed on its behalf by:





C H Shaw - Director


FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2022

1. STATUTORY INFORMATION

Flock and Herd Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Short leasehold - Straight line over the term of the lease

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2021 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2021
and 30 April 2022 220,000
AMORTISATION
At 1 May 2021
and 30 April 2022 220,000
NET BOOK VALUE
At 30 April 2022 -
At 30 April 2021 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short and Motor
property leasehold fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2021 474,008 10,626 288,742 18,855 792,231
Additions 383,939 - 12,586 23,670 420,195
Disposals - - (2,322 ) (18,855 ) (21,177 )
At 30 April 2022 857,947 10,626 299,006 23,670 1,191,249
DEPRECIATION
At 1 May 2021 14,776 5,963 140,713 8,249 169,701
Charge for year 7,678 745 41,340 4,778 54,541
Eliminated on disposal - - (542 ) (9,575 ) (10,117 )
At 30 April 2022 22,454 6,708 181,511 3,452 214,125
NET BOOK VALUE
At 30 April 2022 835,493 3,918 117,495 20,218 977,124
At 30 April 2021 459,232 4,663 148,029 10,606 622,530

6. STOCKS
30.4.22 30.4.21
£    £   
Finished goods 21,000 17,500

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2022

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Trade debtors 70,824 38,556
Other debtors - 3,208
Rent deposit 3,625 3,125
VAT 6,140 3,847
Prepayments and accrued income 19,011 11,981
99,600 60,717

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.22 30.4.21
£    £   
Bank loans and overdrafts 18,809 31,200
Other loans 36,639 24,398
Trade creditors 14,960 15,635
Tax 45,583 49,085
Social security and other taxes 5,192 4,933
Pensions 1,115 930
Directors' current accounts - 11,000
Accruals and deferred income 3,049 3,049
125,347 140,230

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.22 30.4.21
£    £   
Bank loans - 1-2 years 19,727 31,200
Bank loans - 2-5 years 65,183 93,600
Bank loans more 5 yr by instal 407,552 115,448
Other loans - 1-2 years 16,207 21,263
Other loans - 2-5 years 34,328 -
542,997 261,511

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 407,552 115,448

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FLOCK AND HERD LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Flock and Herd Ltd for the year ended 30 April 2022 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Flock and Herd Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Flock and Herd Ltd and state those matters that we have agreed to state to the Board of Directors of Flock and Herd Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flock and Herd Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Flock and Herd Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Flock and Herd Ltd. You consider that Flock and Herd Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Flock and Herd Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Z group
Room 405
Highland House
165 The Broadway
London
SW19 1NE


15 August 2022