Company Registration No. 12442781 (England and Wales)
NE VILLAGE STORES LIMITED
Unaudited accounts
for the year ended 28 February 2023
NE VILLAGE STORES LIMITED
Unaudited accounts
Contents
NE VILLAGE STORES LIMITED
Company Information
for the year ended 28 February 2023
Directors
S Platten
Mrs D Platten
Company Number
12442781 (England and Wales)
Registered Office
Tywardreath Village Store
Fore Street
PAR
PL24 2QP
Accountants
SG ACCOUNTANCY
102 TREVERBYN ROAD
CARCLAZE IND ESTATE
ST AUSTELL
CORNWALL
PL25 4EW
NE VILLAGE STORES LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
267,877
267,746
Cash at bank and in hand
45,836
19,417
Creditors: amounts falling due within one year
(97,392)
(78,218)
Net current liabilities
(41,548)
(45,801)
Total assets less current liabilities
226,329
221,945
Creditors: amounts falling due after more than one year
(154,366)
(179,230)
Called up share capital
2
2
Profit and loss account
71,961
42,713
Shareholders' funds
71,963
42,715
For the year ending 28 February 2023 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 9 November 2023 and were signed on its behalf by
Mrs D Platten
Director
Company Registration No. 12442781
NE VILLAGE STORES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
NE VILLAGE STORES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 12442781. The registered office is Tywardreath Village Store, Fore Street, PAR, PL24 2QP.
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:
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 March 2022
263,407
6,142
269,549
At 28 February 2023
263,407
7,097
270,504
At 1 March 2022
-
1,803
1,803
Charge for the year
-
824
824
At 28 February 2023
-
2,627
2,627
At 28 February 2023
263,407
4,470
267,877
At 28 February 2022
263,407
4,339
267,746
Amounts falling due within one year
NE VILLAGE STORES LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
10,379
14,930
Taxes and social security
7,093
6,587
Loans from directors
78,212
57,325
7
Creditors: amounts falling due after more than one year
2023
2022
Bank loans
154,366
179,230
8
Average number of employees
During the year the average number of employees was 3 (2022: 3).