Company Registration No. 10689845 (England and Wales)
Best Health Food Shop Ltd
Unaudited accounts
for the year ended 31 December 2023
Best Health Food Shop Ltd
Unaudited accounts
Contents
Best Health Food Shop Ltd
Company Information
for the year ended 31 December 2023
Directors
Melanie Ann Beard
Leonard John Glenville
Company Number
10689845 (England and Wales)
Registered Office
Suite A, 82 James Carter Road
Mildenhall
Bury St. Edmunds
IP28 7DE
United Kingdom
Best Health Food Shop Ltd
Statement of financial position
as at 31 December 2023
Cash at bank and in hand
4,323
9,742
Creditors: amounts falling due within one year
(125,666)
(13,045)
Net current (liabilities)/assets
(63,976)
43,433
Called up share capital
1
1
Profit and loss account
50,059
43,446
Shareholders' funds
50,060
43,447
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 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 24 July 2024 and were signed on its behalf by
Melanie Ann Beard
Director
Company Registration No. 10689845
Best Health Food Shop Ltd
Notes to the Accounts
for the year ended 31 December 2023
Best Health Food Shop Ltd is a private company, limited by shares, registered in England and Wales, registration number 10689845. The registered office is Suite A, 82 James Carter Road, Mildenhall, Bury St. Edmunds, IP28 7DE, United Kingdom.
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 company has adopted the going concern basis of accounting in the preparation of these financial statements.
Revenue, described as turnover, is the value of goods sold to customers during the year, plus the value of work performed during the year with respect to services.
Investments in shares are included at fair value.
Financial instruments are classified by the directors as basic or advanced following the conditions in FRS 102 Section 11.
Basic financial instruments are recognised at amortised cost using the effective interest method.
3
Investments
Subsidiary undertakings
Valuation at 1 January 2023
14
Valuation at 31 December 2023
114,036
Amounts falling due within one year
Amounts due from group undertakings etc.
57,367
46,736
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
69,910
-
Loans from directors
53,116
11,605
Best Health Food Shop Ltd
Notes to the Accounts
for the year ended 31 December 2023
6
Transactions with related parties
The following material transactions with related parties have not been conducted under normal market conditions:
The amounts owed to group undertakings of £69,910 (2022: £0) comprise loans from a subsidiary, Simpsons Health Foods Limited, secured under cross guarantees. This balance is repayable on demand and is not chargeable to interest.
The amounts owed by group undertakings of £57,367 (2022: £46,736) comprise various loans and advances to subsidiary companies. All balances are repayable on demand and are not chargeable to interest.
A balance of £16,000 owed to the company by a subsidiary, Whirlwind Email Broadcasting Ltd, was written off in the year.
At the balance sheet date, the company owed the directors £53,116 (2022: £11,605). These amounts are repayable on demand and are not chargeable to interest.
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).