HOME COLLECT LIMITED

Company Registration Number:
12572954 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 01 April 2023

End date: 31 March 2024

HOME COLLECT LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

HOME COLLECT LIMITED

Company Information

for the Period Ended 31 March 2024




Director: Howard Gray Roberts
Menna Lynn Roberts
Secretary: Howard Gray Roberts
Registered office: Pencoed
Penmon
Beaumaris
GB-WLS
LL58 8SH
Company Registration Number: 12572954 (England and Wales)

HOME COLLECT LIMITED

Directors' Report Period Ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal Activities

Retail sale by Click and Collect of DIY essentials and solar system hardware.

Political and charitable donations

None

Company policy on the employment of disabled persons

The Company is an equal opportunities employer.

Additional information

This is the companies fourth reporting year since commencement. The company continues to operate a low margin and low overhead approach. The companies turnover declined by 21% from the previous year. The lessening demand for click and collect is apparent; though the company still managed a small profit before tax at about 8.5% of turnover. The company aims to continue to reduce stock levels through promotional activity and discounts.

Directors

The directors shown below have held office during the whole of the period from 01 April 2023 to 31 March 2024
Howard Gray Roberts
Menna Lynn Roberts

Secretary
Howard Gray Roberts

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Howard Gray Roberts
Status: Director

Name: Menna Lynn Roberts
Status: Director

HOME COLLECT LIMITED

Profit and Loss Account

for the Period Ended 31 March 2024


Notes

2024
£

2023
£
Turnover 7,932 10,114
Cost of sales ( 7,009 ) ( 9,250 )
Gross Profit or (Loss) 923 864
Income from coronavirus (COVID-19) business support grants 0 0
Distribution Costs ( 0 ) ( 0 )
Administrative Expenses ( 244 ) ( 301 )
Other operating income 0 0
Operating Profit or (Loss) 679 563
Interest Receivable and Similar Income 0 0
Interest Payable and Similar Charges ( 0 ) ( 0 )
Profit or (Loss) Before Tax 679 563
Tax on Profit ( 0 ) ( 0 )
Profit or (Loss) for Period 679 563

The notes form part of these financial statements

HOME COLLECT LIMITED

Balance sheet

As at 31 March 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 2,239 2,239
Total fixed assets: 2,239 2,239
Current assets
Stocks: 23,119 24,203
Cash at bank and in hand: 2,251 11,488
Total current assets: 25,370 35,691
Prepayments and accrued income: 0 0
Net current assets (liabilities): 25,370 35,691
Total assets less current liabilities: 27,609 37,930
Creditors: amounts falling due after more than one year: 5 ( 28,388 ) ( 39,388 )
Provision for liabilities: ( 0 ) ( 0 )
Accruals and deferred income: ( 0 ) ( 0 )
Total net assets (liabilities): ( 779 ) ( 1,458 )

The notes form part of these financial statements

HOME COLLECT LIMITED

Balance sheet continued

As at 31 March 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: ( 781 ) ( 1,460 )
Shareholders funds: ( 779 ) ( 1,458 )

For the year ending 31 March 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 2 April 2024
And Signed On Behalf Of The Board By:

Name: Howard Gray Roberts
Status: Director

Name: Menna Lynn Roberts
Status: Director

The notes form part of these financial statements

HOME COLLECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

HOME COLLECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 0 0

HOME COLLECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 3. Off balance sheet disclosure

    No

HOME COLLECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Tangible assets

Fixtures & fittings Office equipment Total
Cost £ £ £
At 01 April 2023 940 1,299 2,239
Additions - - -
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 March 2024 940 1,299 2,239
Depreciation
At 01 April 2023 - - -
Charge for year - - -
On disposals - - -
Other adjustments - - -
At 31 March 2024 - - -
Net book value
At 31 March 2024 940 1,299 2,239
At 31 March 2023 940 1,299 2,239

HOME COLLECT LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 0 0
Amounts due under finance leases and hire purchase contracts 0 0
Other creditors 28,388 39,388
Total 28,388 39,388

During the financial year 23-24 Directors Loan to the total of sum of £11,000; which was part of an advance to the company by Director Howard Gray Roberts made during the previous financial year and which had remained unused was repaid. As of 31st March 2024 a total of £28,388 is owed to Director Howard Gray Roberts. These loans are interest free and will be repaid in the future as future profits and orders allow.