03168867falsesupplying animal health and nutrition products to the farming community and also supplying health products within the wellness industry2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/cd:CompanySecretary12022-10-012023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2022-09-30http://www.companieshouse.gov.uk/cd:Director12022-10-012023-09-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-09-30http://www.companieshouse.gov.uk/cd:Director22022-10-012023-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2022-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12022-10-012023-09-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-09-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22022-10-012023-09-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32022-10-012023-09-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2022-10-012023-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-09-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2022-09-30http://www.companieshouse.gov.uk/2022-10-012023-09-30http://www.companieshouse.gov.uk/2022-09-30http://www.companieshouse.gov.uk/cd:FRS1022022-10-012023-09-30http://www.companieshouse.gov.uk/2023-09-30http://www.companieshouse.gov.uk/cd:FullAccounts2022-10-012023-09-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2022-10-012023-09-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 03168867

Findstock Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2023

Prepared By:
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Findstock Ltd

ACCOUNTS
FOR THE YEAR ENDED 30/09/2023
DIRECTORS
Mr J C Nevett
Mr T J Nevett
SECRETARY
Mr J C Nevett
REGISTERED OFFICE
3 Irthlingborough Road
Finedon
Northants
NN9 5EH
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 03168867
ACCOUNTANTS
Berry Kearsley Stockwell Ltd
Accountants
Sterling House
31-32 High Street
Wellingborough
Northants
NN8 4HL

Findstock Ltd

ACCOUNTS
FOR THEYEARENDED30/09/2023
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Findstock Ltd

BALANCE SHEET AT 30/09/2023
20232022
Notes££
FIXED ASSETS
Tangible assets22,6903,165
CURRENT ASSETS
Stock19,53736,715
Debtors437,32443,628
Cash at bank and in hand2,0852,100
58,94682,443
CREDITORS: Amounts falling due within one year532,22366,600
NET CURRENT ASSETS26,72315,843
TOTAL ASSETS LESS CURRENT LIABILITIES29,41319,008
CAPITAL AND RESERVES
Called up share capital750,00050,000
Profit and loss account(20,587)(30,992)
SHAREHOLDERS' FUNDS29,41319,008
For the year ending 30/09/2023 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 18/03/2024 and signed on their behalf by
.............................
Mr J C Nevett
Director
.............................
Mr T J Nevett
Director

Findstock Ltd

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/09/2023
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Equipmentreducing balance 15%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/10/202220,02320,023
At 30/09/202320,02320,023
Depreciation
At 01/10/202216,85816,858
For the year475475
At 30/09/202317,33317,333
Net Book Amounts
At 30/09/20232,6902,690
At 30/09/20223,1653,165

Findstock Ltd

3. STOCK 20232022
££
Stock comprises:
Stock19,53736,715
19,53736,715
4. DEBTORS 20232022
££
Amounts falling due within one year
Trade debtors19,46124,105
Amounts due from group companies17,67719,356
Prepayments186167
37,32443,628
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20232022
££
UK corporation tax2,5521,764
VAT1,2691,611
PAYE control10286
Amounts due to factoring company12,03915,811
Trade creditors5,90211,536
Accruals1,1001,100
Amounts due to group companies9,25934,692
32,22366,600
6. EMPLOYEES
20232022
No.No.
Average number of employees11

Findstock Ltd

7. SHARE CAPITAL 20232022
££
Allotted, issued and fully paid:
48000 Ordinary shares of £1 each4800048000
1000 Ordinary A Shares of £1 each10001000
1000 Ordinary B Shares of £1 each10001000
50,00050,000
8. CONTROLLING PARTY
The Ultimate Controlling Party is Starlyne Feeds Limited.
9. RELATED PARTY TRANSACTIONS
Findstock Ltd purchased goods and services from Starlyne Feeds Ltd totalling £2,466 (2022: £11,708) and sold goods and services to Starlyne Feeds Ltd totalling £20,587 (2022: £19,325).
All of the above transactions were at arms length.
Starlyne Feeds Ltd is the Ultimate Holding Company and there is a loan to Starlyne Feeds Ltd of £17,677 (2022:£19,356).There was a loan due to the sister company Macmin Ltd of £9,259 (2022: £34,692). The loans are interest free and bear no fixed terms of repayment.