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FINANCIAL STATEMENTS |
CONTENTS |
PAGE |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
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STATEMENT OF FINANCIAL POSITION |
2023 |
2022 |
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Note |
£ |
£ |
Intangible assets |
5 |
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Tangible assets |
6 |
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---------- |
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Stocks |
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Debtors |
7 |
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Cash at bank and in hand |
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----------- |
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CREDITORS: amounts falling due within one year |
8 |
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----------- |
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NET CURRENT ASSETS |
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----------- |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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CREDITORS: amounts falling due after more than one year |
9 |
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PROVISIONS |
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NET ASSETS |
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STATEMENT OF FINANCIAL POSITION (continued) |
2023 |
2022 |
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Note |
£ |
£ |
Called up share capital |
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Profit and loss account |
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SHAREHOLDERS FUNDS |
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----------- |
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Director |
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NOTES TO THE FINANCIAL STATEMENTS |
Goodwill |
- |
Over ten years |
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Website cost |
- |
25% straight line |
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Showroom assets |
- |
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Plant and machinery |
- |
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Fixtures and fittings |
- |
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Motor vehicles |
- |
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Equipment |
- |
25% reducing balance |
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2023 |
2022 |
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£ |
£ |
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UK current tax expense |
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Adjustments in respect of prior periods |
– |
(
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---------- |
---------- |
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Total current tax |
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---------- |
---------- |
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Origination and reversal of timing differences |
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– |
---------- |
-------- |
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Tax on profit |
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-------- |
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Goodwill |
Website cost |
Total |
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£ |
£ |
£ |
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Cost |
|||
At 1 January 2023 and 31 December 2023 |
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4,310 |
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-------- |
-------- |
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Amortisation |
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At 1 January 2023 |
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2,733 |
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Charge for the year |
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1,077 |
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-------- |
-------- |
-------- |
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At 31 December 2023 |
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3,810 |
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-------- |
-------- |
-------- |
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Carrying amount |
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At 31 December 2023 |
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500 |
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-------- |
-------- |
-------- |
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At 31 December 2022 |
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1,577 |
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-------- |
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Showroom Assets |
Plant and machinery |
Fixtures and fittings |
Motor vehicles |
Equipment |
Total |
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£ |
£ |
£ |
£ |
£ |
£ |
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Cost |
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At 1 Jan 2023 |
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2,900 |
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Additions |
– |
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– |
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Disposals |
– |
– |
– |
(
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(
976) |
(
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---------- |
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-------- |
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-------- |
----------- |
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At 31 Dec 2023 |
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1,924 |
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---------- |
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----------- |
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Depreciation |
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At 1 Jan 2023 |
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2,338 |
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Charge for the year |
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123 |
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Disposals |
– |
– |
– |
(
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(
906) |
(
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---------- |
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-------- |
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At 31 Dec 2023 |
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1,555 |
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Carrying amount |
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At 31 Dec 2023 |
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369 |
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---------- |
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At 31 Dec 2022 |
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562 |
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---------- |
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-------- |
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----------- |
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Motor vehicles |
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£ |
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At 31 December 2023 |
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---------- |
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At 31 December 2022 |
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---------- |
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2023 |
2022 |
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£ |
£ |
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Trade debtors |
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Other debtors |
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---------- |
---------- |
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---------- |
---------- |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Trade creditors |
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Corporation tax |
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Social security and other taxes |
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Other creditors |
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----------- |
---------- |
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----------- |
---------- |
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2023 |
2022 |
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£ |
£ |
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Bank loans and overdrafts |
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Other creditors |
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---------- |
---------- |
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---------- |
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2023 |
2022 |
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£ |
£ |
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Not later than 1 year |
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Later than 1 year and not later than 5 years |
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---------- |
---------- |
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---------- |
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2023 |
2022 |
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£ |
£ |
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Included in provisions |
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---------- |
-------- |
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2023 |
2022 |
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£ |
£ |
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Government grants recognised directly in income |
– |
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