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REGISTERED NUMBER: 04566475 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2023

FOR

CHRISTOPHER'S (TAMWORTH) LIMITED

CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHRISTOPHER'S (TAMWORTH) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2023







DIRECTORS: C A Duffy
Mrs R Duffy





SECRETARY: C A Duffy





REGISTERED OFFICE: The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB





REGISTERED NUMBER: 04566475 (England and Wales)





ACCOUNTANTS: Philip Barnes & Co Limited
Chartered Accountants
The Old Council Chambers
Halford Street
Tamworth
Staffordshire
B79 7RB

CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)

BALANCE SHEET
30 APRIL 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 83,512 16,658
Investment property 6 180,000 170,000
263,512 186,658

CURRENT ASSETS
Stocks 623,273 515,547
Debtors 7 190,574 210,134
Cash at bank and in hand 33,204 32,069
847,051 757,750
CREDITORS
Amounts falling due within one year 8 530,189 471,499
NET CURRENT ASSETS 316,862 286,251
TOTAL ASSETS LESS CURRENT
LIABILITIES

580,374

472,909

CREDITORS
Amounts falling due after more than one
year

9

(28,333

)

(38,333

)

PROVISIONS FOR LIABILITIES (20,000 ) (20,000 )
NET ASSETS 532,041 414,576

CAPITAL AND RESERVES
Called up share capital 10 100 100
Fair value reserve 11 78,705 68,705
Retained earnings 11 453,236 345,771
SHAREHOLDERS' FUNDS 532,041 414,576

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2023 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.

CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)

BALANCE SHEET - continued
30 APRIL 2023


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 Profit and loss account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 September 2023 and were signed on its behalf by:





C A Duffy - Director


CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023

1. STATUTORY INFORMATION

Christopher's (Tamworth) Limited 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 as modified by the revaluation of certain assets.

The significant accounting policies applied in the preparation of the financial statements are set out below. These policies have been consistently applied to all periods presented unless otherwise stated.

Turnover
Turnover represents revenue recognised by the company in respect of goods and services supplied during the period, excluding value added tax.

Intangible fixed assets
Goodwill, being the amount paid in connection with the acquisition of a business several years ago, has been amortised over its estimated useful life.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 33% on cost and 15% reducing balance
Computer equipment - 33% on cost

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and loss account, 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.


CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES

The average number of employees during the year was 3 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2022
and 30 April 2023 15,000
AMORTISATION
At 1 May 2022
and 30 April 2023 15,000
NET BOOK VALUE
At 30 April 2023 -
At 30 April 2022 -

CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 May 2022 68,124 1,563 69,687
Additions 86,299 - 86,299
Disposals (57,594 ) - (57,594 )
At 30 April 2023 96,829 1,563 98,392
DEPRECIATION
At 1 May 2022 52,541 488 53,029
Charge for year 7,024 516 7,540
Eliminated on disposal (45,689 ) - (45,689 )
At 30 April 2023 13,876 1,004 14,880
NET BOOK VALUE
At 30 April 2023 82,953 559 83,512
At 30 April 2022 15,583 1,075 16,658

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2022 170,000
Revaluations 10,000
At 30 April 2023 180,000
NET BOOK VALUE
At 30 April 2023 180,000
At 30 April 2022 170,000


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Other debtors 190,574 210,134

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 9,782 4,700
Taxation and social security 30,259 30,969
Other creditors 480,148 425,830
530,189 471,499

CHRISTOPHER'S (TAMWORTH) LIMITED (REGISTERED NUMBER: 04566475)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2023

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 28,333 38,333

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
100 Ordinary £1 100 100

11. RESERVES
Fair
Retained value
earnings reserve Totals
£    £    £   

At 1 May 2022 345,771 68,705 414,476
Profit for the year 199,065 199,065
Dividends (81,600 ) (81,600 )
Unrealised surplus on
revaluation (10,000 ) 10,000 -
At 30 April 2023 453,236 78,705 531,941

12. RELATED PARTY DISCLOSURES

Directors

Amounts due to related parties at the balance sheet date was £475,547 (2022 - £420,139)

Other related parties

Amounts due from related parties at the balance sheet date was £190,298 (2022 - £189,638)