Company Registration No. 11851270 (England and Wales)
Common Flora Ltd
Unaudited accounts
for the year ended 29 February 2024
Common Flora Ltd
Unaudited accounts
Contents
Common Flora Ltd
Company Information
for the year ended 29 February 2024
Directors
Jane Acton
Sam Aspden
Rebecca Strong
Company Number
11851270 (England and Wales)
Registered Office
Gladsfield
Diptford
Totnes
Devon
TQ9 7PD
England
Accountants
Darroch Accountancy Ltd
9 Old Foundry Close
St Just
Cornwall
TR19 7QS
Common Flora Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
15,546
8,436
Cash at bank and in hand
36,179
13,649
Creditors: amounts falling due within one year
(33,373)
(1,903)
Net current assets
2,806
11,746
Total assets less current liabilities
18,352
20,182
Creditors: amounts falling due after more than one year
(50)
(6,029)
Profit and loss account
18,302
14,153
Members' funds
18,302
14,153
For the year ending 29 February 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 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 26 June 2024 and were signed on its behalf by
Jane Acton
Director
Company Registration No. 11851270
Common Flora Ltd
Notes to the Accounts
for the year ended 29 February 2024
Common Flora Ltd is a private company, limited by guarantee, registered in England and Wales, registration number 11851270. The registered office is Gladsfield, Diptford, Totnes, Devon, TQ9 7PD, 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:
Plant & machinery
10% straight line
Fixtures & fittings
10% straight line
Computer equipment
25% straight line
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
6,900
3,019
289
10,208
At 29 February 2024
6,900
12,021
289
19,210
At 1 March 2023
924
559
289
1,772
Charge for the year
690
1,202
-
1,892
At 29 February 2024
1,614
1,761
289
3,664
At 29 February 2024
5,286
10,260
-
15,546
At 28 February 2023
5,976
2,460
-
8,436
Common Flora Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
459
603
6
Creditors: amounts falling due after more than one year
2024
2023
7
Company limited by guarantee
The company is limited by guarantee and has no share capital.
Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 2 (2023: 1).