Company Registration No. 09511017 (England and Wales)
High Street Books Limited
Unaudited accounts
for the year ended 31 March 2024
High Street Books Limited
Unaudited accounts
Contents
High Street Books Limited
Company Information
for the year ended 31 March 2024
Company Number
09511017 (England and Wales)
Registered Office
High Street Books & Records
6 High Street
New Mills
High Peak
Derbyshire
SK22 4AL
England
High Street Books Limited
Statement of financial position
as at 31 March 2024
Tangible assets
2,303
2,922
Cash at bank and in hand
21
37
Creditors: amounts falling due within one year
(85,897)
(98,107)
Net current liabilities
(42,873)
(53,990)
Total assets less current liabilities
(40,570)
(51,068)
Creditors: amounts falling due after more than one year
(35,663)
(43,839)
Net liabilities
(76,233)
(94,907)
Called up share capital
100
100
Profit and loss account
(76,333)
(95,007)
Shareholders' funds
(76,233)
(94,907)
For the year ending 31 March 2024 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 his 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 15 August 2024 and were signed on its behalf by
Adam Morris
Director
Company Registration No. 09511017
High Street Books Limited
Notes to the Accounts
for the year ended 31 March 2024
High Street Books Limited is a private company, limited by shares, registered in England and Wales, registration number 09511017. The registered office is High Street Books & Records, 6 High Street, New Mills, High Peak, Derbyshire, SK22 4AL, England.
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:
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 April 2023
21,187
487
21,674
At 31 March 2024
21,337
487
21,824
At 1 April 2023
18,440
312
18,752
Charge for the year
725
44
769
At 31 March 2024
19,165
356
19,521
At 31 March 2024
2,172
131
2,303
At 31 March 2023
2,747
175
2,922
High Street Books Limited
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
Accrued income and prepayments
833
1,035
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
11,564
19,178
Trade creditors
10,478
12,040
Taxes and social security
1,211
3,398
Other creditors
3,087
1,806
Loans from directors
59,557
61,685
7
Creditors: amounts falling due after more than one year
2024
2023
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).