Champion Floral (Wholesale) Ltd |
Registered Number:06645160 |
For the period ended 31 March 2024
England and Wales
Unaudited Financial Statements
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
Champion Floral (Wholesale) Ltd
Statement of Financial Position
2022
2024
Property, plant and equipment |
-
18,485
2
-
18,485
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
2
2
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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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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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. |
13 St Helens Way
Fison Way Industrial Estate
Thetford
Norfolk
IP24 1HG
The presentation currency is £ sterling. |
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: |
Motor vehicles
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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For the period ended 31 March 2024
Champion Floral (Wholesale) Ltd
Notes to the Financial Statements Continued
2. Property, plant and equipment |
64,080
11,523
52,557
4,610
4,610
-
(16,133)
(52,557)
(68,690)
-
-
-
Provision for depreciation and impairment |
45,595
6,218
39,377
Charge for period
4,785
1,490
3,295
(50,380)
(7,708)
(42,672)
-
-
-
-
-
-
13,180
5,305
18,485
2022
2024
-
29,200
4. Trade and other receivables |
2022
2024
-
30,667
4,990
4,595
35,262
4,990
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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
721
41,888
Taxation and social security |
9,537
8,772
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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