2022-10-01 06645160 2024-03-31 06645160 2022-10-01 2024-03-31 06645160 2022-09-30 06645160 2021-10-01 2022-09-30 06645160 uk-core:WithinOneYear 2022-09-30 06645160 uk-core:WithinOneYear 2024-03-31 06645160 uk-core:ShareCapital 2024-03-31 06645160 uk-core:ShareCapital 2022-09-30 06645160 uk-core:RetainedEarningsAccumulatedLosses 2024-03-31 06645160 uk-core:RetainedEarningsAccumulatedLosses 2022-09-30 06645160 uk-bus:Director1 2022-10-01 2024-03-31 06645160 uk-bus:Director2 2022-10-01 2024-03-31 06645160 uk-core:CommercialMotorVehicles 2022-10-01 2024-03-31 06645160 uk-core:FurnitureFittings 2022-10-01 2024-03-31 06645160 uk-core:FurnitureFittings 2022-09-30 06645160 uk-core:CommercialMotorVehicles 2022-09-30 06645160 uk-core:CommercialMotorVehicles 2024-03-31 06645160 uk-core:FurnitureFittings 2024-03-31 iso4217:GBP xbrli:pure 06645160 uk-bus:AuditExemptWithAccountantsReport 2022-10-01 2024-03-31 06645160 uk-bus:FRS102 2022-10-01 2024-03-31 06645160 uk-bus:FilletedAccounts 2022-10-01 2024-03-31 06645160 uk-bus:PrivateLimitedCompanyLtd 2022-10-01 2024-03-31
Champion Floral (Wholesale) Ltd
Registered Number:06645160
For the period ended 31 March 2024
England and Wales
Unaudited Financial Statements
2
For the period ended 31 March 2024
Champion Floral (Wholesale) Ltd
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
3
Registered Number :
06645160
As at 31 March 2024
Champion Floral (Wholesale) Ltd
Statement of Financial Position
£
£
2022
2024
Notes
Fixed assets
Property, plant and equipment
-
18,485
2
-
18,485
Current assets
Inventories
29,200
-
3
Trade and other receivables
35,262
4,990
4
31,284
Cash and cash equivalents
32,151
37,141
95,746
Trade and other payables: amounts falling due within
one year
(69,179)
(14,900)
5
26,567
22,241
Net current assets
Total assets less current liabilities
22,241
45,052
22,241
Net assets
45,052
Capital and reserves
Called up share capital
2
2
Retained earnings
22,239
45,050
22,241
45,052
Shareholders' funds
For the period ended 31 March 2024 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 period ended 31 March 2024 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.
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4
Registered Number :
06645160
For the period ended 31 March 2024
Champion Floral (Wholesale) Ltd
Statement of Financial Position Continued
Miss Lyndsay Amanda Thurston Director
Mr Steven Neal Champion Director
These financial statements were approved and authorised for issue by the Board on 22 April 2024 and were signed by:
The notes form part of these financial statements
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5
For the period ended 31 March 2024
Champion Floral (Wholesale) Ltd
Notes to the Financial Statements
Statutory Information
Champion Floral (Wholesale) Ltd is a private limited company, limited by shares, domiciled in England
and Wales, registration number 06645160.
Registered address:
13 St Helens Way
Fison Way Industrial Estate
Thetford
Norfolk
IP24 1HG
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:
25% Reducing balance
Motor vehicles
15% 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. The finance element of the rental payment is charged to the profit and loss account on a straight line basis.
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6
For the period ended 31 March 2024
Champion Floral (Wholesale) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor
vehicles
£
£
£
Cost or
valuation
At 01 October 2022
64,080
11,523
52,557
4,610
4,610
-
Additions
(16,133)
(52,557)
Disposals
(68,690)
At 31 March 2024
-
-
-
Provision for depreciation and impairment
At 01 October 2022
45,595
6,218
39,377
Charge for period
4,785
1,490
3,295
(50,380)
(7,708)
(42,672)
On disposal
At 31 March 2024
-
-
-
At 31 March 2024
Net book value
-
-
-
At 30 September 2022
13,180
5,305
18,485
3. Inventories
2022
2024
£
£
Stocks
-
29,200
4. Trade and other receivables
2022
2024
£
£
Trade debtors
-
30,667
Other debtors
4,990
4,595
35,262
4,990
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7
For the period ended 31 March 2024
Champion Floral (Wholesale) Ltd
Notes to the Financial Statements Continued
5. Trade and other payables: amounts falling due within one year
2022
2024
£
£
Trade creditors
721
41,888
Taxation and social security
9,537
8,772
Other creditors
4,642
18,519
14,900
69,179
6. Average number of persons employed
During the year the average number of employees was 2 (2022 : 2)
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