2022-04-01 06645504 2023-03-31 06645504 2022-04-01 2023-03-31 06645504 2022-03-31 06645504 2021-04-01 2022-03-31 06645504 uk-core:WithinOneYear 2022-03-31 06645504 uk-core:WithinOneYear 2023-03-31 06645504 uk-core:ShareCapital 2023-03-31 06645504 uk-core:ShareCapital 2022-03-31 06645504 uk-core:RetainedEarningsAccumulatedLosses 2023-03-31 06645504 uk-core:RetainedEarningsAccumulatedLosses 2022-03-31 06645504 uk-bus:Director1 2022-04-01 2023-03-31 06645504 uk-core:PlantMachinery 2022-04-01 2023-03-31 06645504 uk-core:ToolsEquipment 2022-04-01 2023-03-31 06645504 uk-core:MotorVehicles 2022-04-01 2023-03-31 06645504 uk-core:FurnitureFittings 2022-04-01 2023-03-31 06645504 uk-core:ToolsEquipment 2022-03-31 06645504 uk-core:FurnitureFittings 2022-03-31 06645504 uk-core:MotorVehicles 2022-03-31 06645504 uk-core:PlantMachinery 2022-03-31 06645504 uk-core:MotorVehicles 2023-03-31 06645504 uk-core:FurnitureFittings 2023-03-31 06645504 uk-core:ToolsEquipment 2023-03-31 06645504 uk-core:PlantMachinery 2023-03-31 iso4217:GBP xbrli:pure 06645504 uk-bus:AuditExemptWithAccountantsReport 2022-04-01 2023-03-31 06645504 uk-bus:FRS102 2022-04-01 2023-03-31 06645504 uk-bus:FullAccounts 2022-04-01 2023-03-31 06645504 uk-bus:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31
The Cushion Warehouse Limited
Registered Number:06645504
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2023
The Cushion Warehouse Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
06645504
As at 31 March 2023
The Cushion Warehouse Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
1,964
1,192
2
1,964
1,192
Current assets
Inventories
130
20,000
3
Trade and other receivables
9,059
8,584
4
91,616
Cash and cash equivalents
122,570
151,154
100,805
Trade and other payables: amounts falling due within one
year
(25,805)
(30,368)
5
75,000
120,786
Net current assets
Total assets less current liabilities
122,750
76,192
122,750
Net assets
76,192
Capital and reserves
Called up share capital
100
100
Retained earnings
122,650
76,092
122,750
76,192
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr D W Soames Director
These financial statements were approved and authorised for issue by the Board on 20 November 2023 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2023
The Cushion Warehouse Limited
Notes to the Financial Statements
Statutory Information
The Cushion Warehouse Limited is a private limited company, limited by shares, domiciled in England and Wales,
registration number 06645504.
Registered address:
Unit 6, Luck Farm Business Park
Vicarage Lane
Burwash Common
East Sussex
TN19 7LP
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and machinery
25% Reducing balance
25% Reducing balance
Computer equipment
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 31 March 2023
The Cushion Warehouse Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Computer
equipment
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
£
Cost or
valuation
At 01 April 2022
6,226
2,609
1,305
2,042
270
1,388
-
1,388
-
-
Additions
At 31 March 2023
2,042
2,693
2,609
7,614
270
Provision for depreciation and impairment
At 01 April 2022
5,034
2,079
875
1,837
243
Charge for year
616
106
454
51
5
At 31 March 2023
5,650
2,185
1,329
1,888
248
At 31 March 2023
Net book value
22
154
1,364
424
1,964
At 31 March 2022
27
205
430
530
1,192
3. Inventories
2022
2023
£
£
Stocks
20,000
130
4. Trade and other receivables
2022
2023
£
£
Trade debtors
8,584
9,059
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
(5,881)
6,254
Taxation and social security
27,657
12,792
Other creditors
8,592
6,759
30,368
25,805
6. Average number of persons employed
During the year the average number of employees was 7 (2022 : 7)
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