REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 APRIL 2023 TO 31 DECEMBER 2023 |
FOR |
MISS ELLES DESIGN FLORISTS LIMITED |
REGISTERED NUMBER: |
UNAUDITED FINANCIAL STATEMENTS |
FOR THE PERIOD |
1 APRIL 2023 TO 31 DECEMBER 2023 |
FOR |
MISS ELLES DESIGN FLORISTS LIMITED |
MISS ELLES DESIGN FLORISTS LIMITED (REGISTERED NUMBER: 06541391) |
CONTENTS OF THE FINANCIAL STATEMENTS |
for the Period 1 April 2023 to 31 December 2023 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 4 |
MISS ELLES DESIGN FLORISTS LIMITED |
COMPANY INFORMATION |
for the Period 1 April 2023 to 31 December 2023 |
DIRECTOR: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
ACCOUNTANTS: |
Chartered Accountants |
Beckside Court |
Annie Reed Road |
Beverley |
East Yorkshire |
HU17 0LF |
MISS ELLES DESIGN FLORISTS LIMITED (REGISTERED NUMBER: 06541391) |
BALANCE SHEET |
31 December 2023 |
2023 | 2023 |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 4 |
CURRENT ASSETS |
Stocks |
Debtors | 5 |
CREDITORS |
Amounts falling due within one year | 6 |
NET CURRENT LIABILITIES | ( |
) | ( |
) |
TOTAL ASSETS LESS CURRENT LIABILITIES |
( |
) |
( |
) |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings | ( |
) | ( |
) |
SHAREHOLDERS' FUNDS | ( |
) | ( |
) |
The director acknowledges her 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. |
MISS ELLES DESIGN FLORISTS LIMITED (REGISTERED NUMBER: 06541391) |
BALANCE SHEET - continued |
31 December 2023 |
The financial statements were approved by the director and authorised for issue on |
MISS ELLES DESIGN FLORISTS LIMITED (REGISTERED NUMBER: 06541391) |
NOTES TO THE FINANCIAL STATEMENTS |
for the Period 1 April 2023 to 31 December 2023 |
1. | STATUTORY INFORMATION |
Miss Elles Design Florists Limited is a private company limited by shares and incorporated and domiciled in England. It has its registered office at Beckside Court, Annie Reed Road, Beverley HU17 0LF and its principal place of business is in Leven,Beverley HU17 5NY. |
The principal activity of the company is a florists. |
2. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The directors have used a basis other than the going concern basis of accounting in view of the cessation of business following the yearend. |
Turnover |
Turnover is the amount derived from ordinary activities, measured at the fair value of the consideration received or receivable. Turnover excludes value added tax and trade discounts. |
Turnover from the sale of goods is recognised at the point of sale. |
Turnover from services is recognised on completion of service, or when those services span the year end date, by reference to the stage of completion at the balance sheet date. |
All sales are recognised at the point which the company has fulfilled its contractual obligations and the risks and rewards attached to the product, have been transferred to the customer. |
Tangible fixed assets |
Plant and machinery etc | - |
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. |
Stocks |
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell, after making, due allowance for obsolete and slow moving items. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. Stock is calculated on the first in first out basis. |
In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacture/completion. |
MISS ELLES DESIGN FLORISTS LIMITED (REGISTERED NUMBER: 06541391) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 April 2023 to 31 December 2023 |
2. | ACCOUNTING POLICIES - continued |
Taxation |
Taxation for the period 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. |
Taxation |
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 period 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. |
Government grants |
Government grants received by the company during the year are taken to profit as received. |
3. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
4. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 April 2023 |
and 31 December 2023 |
DEPRECIATION |
At 1 April 2023 |
Charge for period |
At 31 December 2023 |
NET BOOK VALUE |
At 31 December 2023 |
At 31 March 2023 |
MISS ELLES DESIGN FLORISTS LIMITED (REGISTERED NUMBER: 06541391) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
for the Period 1 April 2023 to 31 December 2023 |
5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2023 |
£ | £ |
Other debtors |
6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
2023 | 2023 |
£ | £ |
Bank loans and overdrafts (see note 7) |
Taxation and social security |
Other creditors |
7. | LOANS |
An analysis of the maturity of loans is given below: |
2023 | 2023 |
£ | £ |
Amounts falling due within one year or on demand: |
Bank overdrafts |
Bank loans |
The company took advantage of the Covid Bounce Back Loan scheme amounting to £10,000 in 2021. |
Loan repayments have been made during the period however in view of the cessation of trade the balance of the outstanding loan has been recategorised as a current liability. |
The loan carries interest at the rate of 2.5%. |
8. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES |
At the year end Mrs P Ablett was owed by Miss Elles Design Florist Limited a sum of £336 ( 2022: £718 due to the company by the director). The loan is interest free and repayable on demand. |
9. | ULTIMATE CONTROLLING PARTY |
The controlling party is Mrs P Ablett. |