Acorah Software Products - Accounts Production 15.0.600 false true 31 March 2023 1 April 2022 false 1 April 2023 31 March 2024 31 March 2024 11895699 Mr Neil Rushton iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 11895699 2023-03-31 11895699 2024-03-31 11895699 2023-04-01 2024-03-31 11895699 frs-core:CurrentFinancialInstruments 2024-03-31 11895699 frs-core:Non-currentFinancialInstruments 2024-03-31 11895699 frs-core:ComputerEquipment 2024-03-31 11895699 frs-core:ComputerEquipment 2023-04-01 2024-03-31 11895699 frs-core:ComputerEquipment 2023-03-31 11895699 frs-core:PlantMachinery 2024-03-31 11895699 frs-core:PlantMachinery 2023-04-01 2024-03-31 11895699 frs-core:PlantMachinery 2023-03-31 11895699 frs-core:ShareCapital 2024-03-31 11895699 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31 11895699 frs-bus:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 11895699 frs-bus:FilletedAccounts 2023-04-01 2024-03-31 11895699 frs-bus:SmallEntities 2023-04-01 2024-03-31 11895699 frs-bus:AuditExemptWithAccountantsReport 2023-04-01 2024-03-31 11895699 frs-bus:SmallCompaniesRegimeForAccounts 2023-04-01 2024-03-31 11895699 frs-bus:Director1 2023-04-01 2024-03-31 11895699 frs-countries:EnglandWales 2023-04-01 2024-03-31 11895699 2022-03-31 11895699 2023-03-31 11895699 2022-04-01 2023-03-31 11895699 frs-core:CurrentFinancialInstruments 2023-03-31 11895699 frs-core:Non-currentFinancialInstruments 2023-03-31 11895699 frs-core:ShareCapital 2023-03-31 11895699 frs-core:RetainedEarningsAccumulatedLosses 2023-03-31
Registered number: 11895699
Hunter Florist Limited
Unaudited Financial Statements
For The Year Ended 31 March 2024
The Bookkeeping Room
Unaudited Financial Statements
Contents
Page
Accountant's Report 1
Balance Sheet 2—3
Notes to the Financial Statements 4—6
Page 1
Accountant's Report
Report of the Accountant to the director of Hunter Florist Limited
These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 March 2024.
We have prepared these financial statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.
On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give “a true and fair view”.
You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.
The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.
Signed
07/06/2024
The Bookkeeping Room
68 Wick Hall
Furze Hill
Hove
East Sussex
BN3 1NG
Page 1
Page 2
Balance Sheet
Registered number: 11895699
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 3,187 4,177
3,187 4,177
CURRENT ASSETS
Stocks 5 11,556 17,271
Debtors 6 7,172 7,500
Cash at bank and in hand 7,994 8,020
26,722 32,791
Creditors: Amounts Falling Due Within One Year 7 (18,853 ) (9,757 )
NET CURRENT ASSETS (LIABILITIES) 7,869 23,034
TOTAL ASSETS LESS CURRENT LIABILITIES 11,056 27,211
Creditors: Amounts Falling Due After More Than One Year 8 (124,450 ) (103,473 )
NET LIABILITIES (113,394 ) (76,262 )
CAPITAL AND RESERVES
Called up share capital 9 1 1
Profit and Loss Account (113,395 ) (76,263 )
SHAREHOLDERS' FUNDS (113,394) (76,262)
Page 2
Page 3
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 member has 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Neil Rushton
Director
07/06/2024
The notes on pages 4 to 6 form part of these financial statements.
Page 3
Page 4
Notes to the Financial Statements
1. General Information
Hunter Florist Limited is a private company, limited by shares, incorporated in England & Wales, registered number 11895699 . The registered office is 83 St. James Street, Brighton, BN2 1TP.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 25% Reducing Method
Computer Equipment 20% Reducing Method
2.4. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 4 (2023: 4)
4 4
Page 4
Page 5
4. Tangible Assets
Plant & Machinery Computer Equipment Total
£ £ £
Cost
As at 1 April 2023 9,760 1,083 10,843
As at 31 March 2024 9,760 1,083 10,843
Depreciation
As at 1 April 2023 6,666 - 6,666
Provided during the period 773 217 990
As at 31 March 2024 7,439 217 7,656
Net Book Value
As at 31 March 2024 2,321 866 3,187
As at 1 April 2023 3,094 1,083 4,177
5. Stocks
2024 2023
£ £
Stock 11,556 17,271
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 1,193 656
VAT - 2,374
Director's loan account 5,979 4,470
7,172 7,500
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 14,054 8,253
Bank loans and overdrafts 1,744 1,461
VAT 1,498 -
Accruals and deferred income 1,557 43
18,853 9,757
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Page 6
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans 92,451 69,437
Bounce Back Loan 31,999 34,036
124,450 103,473
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1 1
Page 6