Company Registration No. 13736895 (England and Wales)
THE BEVERLEY FLOWER COMPANY LIMITED
Unaudited accounts
for the year ended 31 December 2023
THE BEVERLEY FLOWER COMPANY LIMITED
Unaudited accounts
Contents
THE BEVERLEY FLOWER COMPANY LIMITED
Company Information
for the year ended 31 December 2023
Company Number
13736895 (England and Wales)
Registered Office
2 Exeter Street
Cottingham
East Yorkshire
HU16 4LU
United Kingdom
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
THE BEVERLEY FLOWER COMPANY LIMITED
Statement of financial position
as at 31 December 2023
Intangible assets
-
22,716
Tangible assets
13,694
18,407
Cash at bank and in hand
-
6,597
Creditors: amounts falling due within one year
(51,081)
(46,259)
Net current liabilities
(51,081)
(34,062)
Total assets less current liabilities
(37,387)
7,061
Creditors: amounts falling due after more than one year
-
(7,004)
Net (liabilities)/assets
(37,387)
57
Called up share capital
100
100
Profit and loss account
(37,487)
(43)
Shareholders' funds
(37,387)
57
For the year ending 31 December 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 director acknowledges her 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 and authorised for issue on 5 August 2024 and were signed on its behalf by
Mrs J Crisp
Director
Company Registration No. 13736895
THE BEVERLEY FLOWER COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2023
THE BEVERLEY FLOWER COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13736895. The registered office is 2 Exeter Street, Cottingham, East Yorkshire, HU16 4LU, United Kingdom.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Plant & machinery
25% on Cost
Motor vehicles
20% reducing balance
Fixtures & fittings
25% on Cost
Computer equipment
25% on Cost
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 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.
THE BEVERLEY FLOWER COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2023
Expenditure on research and development is written off in the year in which it is incurred.
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.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Intangible fixed assets
Goodwill
At 31 December 2022
22,716
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2023
16
5,545
16,473
411
22,445
Disposals
-
(5,545)
-
-
(5,545)
At 31 December 2023
16
-
16,473
411
16,900
At 1 January 2023
3
832
3,126
77
4,038
Charge for the year
-
471
-
-
471
On disposals
-
(1,303)
-
-
(1,303)
At 31 December 2023
3
-
3,126
77
3,206
At 31 December 2023
13
-
13,347
334
13,694
At 31 December 2022
13
4,713
13,347
334
18,407
Amounts falling due within one year
Accrued income and prepayments
-
600
THE BEVERLEY FLOWER COMPANY LIMITED
Notes to the Accounts
for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
19
Taxes and social security
-
432
Loans from directors
51,081
32,895
8
Creditors: amounts falling due after more than one year
2023
2022
9
Average number of employees
During the year the average number of employees was 2 (2022: 2).