1 November 2022 false No description of principal activity Taxfiler 2024.5 06646417business:PrivateLimitedCompanyLtd2022-11-012023-10-31 066464172022-10-31 066464172022-11-012023-10-31 06646417business:AuditExemptWithAccountantsReport2022-11-012023-10-31 06646417business:FilletedAccounts2022-11-012023-10-31 066464172023-10-31 06646417business:Director12022-11-012023-10-31 06646417business:Director22022-11-012023-10-31 06646417business:RegisteredOffice2022-11-012023-10-31 066464172022-10-31 06646417core:WithinOneYear2023-10-31 06646417core:WithinOneYear2022-10-31 06646417core:AfterOneYear2023-10-31 06646417core:AfterOneYear2022-10-31 06646417core:ShareCapitalcore:PreviouslyStatedAmount2023-10-31 06646417core:ShareCapitalcore:PreviouslyStatedAmount2022-10-31 06646417core:SharePremiumcore:PreviouslyStatedAmount2023-10-31 06646417core:SharePremiumcore:PreviouslyStatedAmount2022-10-31 06646417core:CapitalRedemptionReservecore:PreviouslyStatedAmount2023-10-31 06646417core:CapitalRedemptionReservecore:PreviouslyStatedAmount2022-10-31 06646417core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-10-31 06646417core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-10-31 06646417core:PreviouslyStatedAmount2023-10-31 06646417core:PreviouslyStatedAmount2022-10-31 06646417business:SmallEntities2022-11-012023-10-31 06646417countries:EnglandWales2022-11-012023-10-31 06646417core:LandBuildings2022-11-012023-10-31 06646417core:FurnitureFittings2022-11-012023-10-31 06646417core:ComputerEquipment2022-11-012023-10-31 06646417core:Goodwill2022-10-31 06646417core:Goodwill2023-10-31 06646417core:Goodwill2022-11-012023-10-31 06646417core:LandBuildings2022-10-31 06646417core:PlantMachinery2022-10-31 06646417core:ComputerEquipment2022-10-31 06646417core:PlantMachinery2022-11-012023-10-31 06646417core:LandBuildings2023-10-31 06646417core:PlantMachinery2023-10-31 06646417core:ComputerEquipment2023-10-31 066464172021-05-012022-10-31 iso4217:GBP xbrli:pure
Company Registration No. 06646417 (England and Wales)
TIDDINGTON CONVENIENCE STORES LIMITED Unaudited accounts for the year ended 31 October 2023
TIDDINGTON CONVENIENCE STORES LIMITED Unaudited accounts Contents
Page
- 2 -
TIDDINGTON CONVENIENCE STORES LIMITED Company Information for the year ended 31 October 2023
Directors
Joanne Myatt Simon Myatt
Company Number
06646417 (England and Wales)
Registered Office
12 MAIN STREET TIDDINGTON STRATFORD-UPON-AVON WARWICKSHIRE CV37 7AZ
Accountants
FILAN Accountants Ltd 57 Ely Street Stratford upon Avon CV37 6LN
- 3 -
TIDDINGTON CONVENIENCE STORES LIMITED Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
15,459 
22,972 
Tangible assets
131,088 
145,143 
146,547 
168,115 
Current assets
Inventories
58,671 
49,037 
Debtors
49,480 
99,677 
Cash at bank and in hand
97,953 
347,971 
206,104 
496,685 
Creditors: amounts falling due within one year
(114,648)
(143,809)
Net current assets
91,456 
352,876 
Total assets less current liabilities
238,003 
520,991 
Creditors: amounts falling due after more than one year
(223,445)
(272,086)
Net assets
14,558 
248,905 
Capital and reserves
Called up share capital
98 
200 
Share premium
13,533 
13,533 
Capital redemption reserve
(229,398)
- 
Profit and loss account
230,325 
235,172 
Shareholders' funds
14,558 
248,905 
For the year ending 31 October 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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 12 February 2024 and were signed on its behalf by
Joanne Myatt Director Company Registration No. 06646417
- 4 -
TIDDINGTON CONVENIENCE STORES LIMITED Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TIDDINGTON CONVENIENCE STORES LIMITED is a private company, limited by shares, registered in England and Wales, registration number 06646417. The registered office is 12 MAIN STREET, TIDDINGTON, STRATFORD-UPON-AVON, WARWICKSHIRE, CV37 7AZ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
6.66% reducing balance
Fixtures & fittings
15% reducing balance
Computer equipment
33% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is amortised over 20 years but is reviewed regularly to ensure it is still the most appropriate method.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
- 5 -
TIDDINGTON CONVENIENCE STORES LIMITED Notes to the Accounts for the year ended 31 October 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
150,250 
At 31 October 2023
150,250 
Amortisation
At 1 November 2022
127,278 
Charge for the year
7,513 
At 31 October 2023
134,791 
Net book value
At 31 October 2023
15,459 
At 31 October 2022
22,972 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 November 2022
107,818 
325,081 
262 
433,161 
Additions
- 
3,753 
608 
4,361 
At 31 October 2023
107,818 
328,834 
870 
437,522 
Depreciation
At 1 November 2022
45,333 
242,554 
131 
288,018 
Charge for the year
4,279 
13,917 
220 
18,416 
At 31 October 2023
49,612 
256,471 
351 
306,434 
Net book value
At 31 October 2023
58,206 
72,363 
519 
131,088 
At 31 October 2022
62,485 
82,527 
131 
145,143 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
11,747 
5,663 
Accrued income and prepayments
11,406 
5,613 
Other debtors
26,327 
88,401 
49,480 
99,677 
- 6 -
TIDDINGTON CONVENIENCE STORES LIMITED Notes to the Accounts for the year ended 31 October 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
48,641 
42,656 
VAT
12,111 
11,898 
Trade creditors
15,843 
37,189 
Taxes and social security
31,568 
48,161 
Other creditors
5,828 
1,371 
Loans from directors
452 
78 
Accruals
205 
2,456 
114,648 
143,809 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
223,445 
272,086 
9
Average number of employees
During the year the average number of employees was 15 (2022: 17).
- 7 -