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REGISTERED NUMBER: 08499775 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 APRIL 2024

FOR

FLOCK AND HERD LTD

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company information 1

Balance sheet 2

Notes to the financial statements 4

Chartered accountants' report 7

FLOCK AND HERD LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: J H Shaw
C H Shaw





REGISTERED OFFICE: Suite LU.231
The Light Bulb
1 Filament Walk
Wandsworth
London
SW18 4GQ





REGISTERED NUMBER: 08499775 (England and Wales)





ACCOUNTANTS: Z group
Suite LU.231
The Light Bulb
1 Filament Walk
Wandsworth
London
SW18 4GQ

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

BALANCE SHEET
30 APRIL 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,033,197 954,286
1,033,197 954,286

CURRENT ASSETS
Stocks 6 22,000 21,000
Debtors 7 138,051 88,486
Cash at bank and in hand 254,522 232,276
414,573 341,762
CREDITORS
Amounts falling due within one year 8 146,677 119,724
NET CURRENT ASSETS 267,896 222,038
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,301,093

1,176,324

CREDITORS
Amounts falling due after more than one
year

9

(416,132

)

(495,390

)

PROVISIONS FOR LIABILITIES (54,145 ) (32,058 )
NET ASSETS 830,816 648,876

CAPITAL AND RESERVES
Called up share capital 101 101
Share premium 2,041 2,041
Retained earnings 828,674 646,734
SHAREHOLDERS' FUNDS 830,816 648,876

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps 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 Sections 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.

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

BALANCE SHEET - continued
30 APRIL 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2024 and were signed on its behalf by:





C H Shaw - Director


FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Flock and Herd Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

BASIS OF PREPARING THE FINANCIAL STATEMENTS
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

TURNOVER
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

GOODWILL
Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

INTANGIBLE ASSETS
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

TANGIBLE FIXED ASSETS
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 2% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 25% on reducing balance

Short leasehold - Straight line over the term of the lease

STOCKS
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

PENSION COSTS AND OTHER POST-RETIREMENT BENEFITS
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 220,000
AMORTISATION
At 1 May 2023
and 30 April 2024 220,000
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

5. TANGIBLE FIXED ASSETS
Fixtures
Freehold Short and Motor
property leasehold fittings vehicles Totals
£    £    £    £    £   
COST
At 1 May 2023 857,947 10,626 310,873 51,470 1,230,916
Additions - - 125,113 38,000 163,113
Disposals - - - (23,670 ) (23,670 )
At 30 April 2024 857,947 10,626 435,986 65,800 1,370,359
DEPRECIATION
At 1 May 2023 31,893 7,454 225,302 11,981 276,630
Charge for year 9,438 746 50,398 13,388 73,970
Eliminated on disposal - - - (13,438 ) (13,438 )
At 30 April 2024 41,331 8,200 275,700 11,931 337,162
NET BOOK VALUE
At 30 April 2024 816,616 2,426 160,286 53,869 1,033,197
At 30 April 2023 826,054 3,172 85,571 39,489 954,286

6. STOCKS
30.4.24 30.4.23
£    £   
Finished goods 22,000 21,000

FLOCK AND HERD LTD (REGISTERED NUMBER: 08499775)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 88,030 68,865
Rent deposit 3,125 3,125
VAT 29,876 4,781
Prepayments and accrued income 17,020 11,715
138,051 88,486

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Bank loans and overdrafts 18,301 19,005
Other loans 12,933 16,206
Trade creditors 11,115 22,560
Tax 76,902 51,986
Social security and other taxes 5,920 6,047
Pensions 3,468 -
Accruals and deferred income 18,038 3,920
146,677 119,724

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Bank loans - 1-2 years 19,177 19,928
Bank loans - 2-5 years 63,247 65,810
Bank loans more 5 yr by instal 314,268 375,333
Other loans - 1-2 years 13,582 14,879
Other loans - 2-5 years 5,858 19,440
416,132 495,390

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 314,268 375,333

CHARTERED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FLOCK AND HERD LTD

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance sheet. Readers are cautioned that the Income statement and certain other primary statements and the Report of the directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Flock and Herd Ltd for the year ended 30 April 2024 which comprise the Income statement, Balance sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Flock and Herd Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Flock and Herd Ltd and state those matters that we have agreed to state to the Board of Directors of Flock and Herd Ltd, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Flock and Herd Ltd and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Flock and Herd Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Flock and Herd Ltd. You consider that Flock and Herd Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Flock and Herd Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Z group
Suite LU.231
The Light Bulb
1 Filament Walk
Wandsworth
London
SW18 4GQ


26 June 2024