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REGISTERED NUMBER: 00641797 (England and Wales)










FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

CENTRAL FLOWER SALES (COVENTRY) LIMITED

CENTRAL FLOWER SALES (COVENTRY) LIMITED (REGISTERED NUMBER: 00641797)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CENTRAL FLOWER SALES (COVENTRY) LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2024







DIRECTORS: Mr A Iaquinta
Mr S L Hemming





SECRETARY: Mr S L Hemming





REGISTERED OFFICE: Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY





REGISTERED NUMBER: 00641797 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Bank Gallery
High Street
Kenilworth
Warwickshire
CV8 1LY

CENTRAL FLOWER SALES (COVENTRY) LIMITED (REGISTERED NUMBER: 00641797)

BALANCE SHEET
31 March 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 482 7,057

CURRENT ASSETS
Stocks 5,908 10,209
Debtors 5 48,228 83,770
Cash at bank and in hand 123,038 111,064
177,174 205,043
CREDITORS
Amounts falling due within one year 6 46,020 67,832
NET CURRENT ASSETS 131,154 137,211
TOTAL ASSETS LESS CURRENT
LIABILITIES

131,636

144,268

PROVISIONS FOR LIABILITIES 91 1,341
NET ASSETS 131,545 142,927

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 131,445 142,827
SHAREHOLDERS' FUNDS 131,545 142,927

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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.

CENTRAL FLOWER SALES (COVENTRY) LIMITED (REGISTERED NUMBER: 00641797)

BALANCE SHEET - continued
31 March 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 1 July 2024 and were signed on its behalf by:





Mr A Iaquinta - Director


CENTRAL FLOWER SALES (COVENTRY) LIMITED (REGISTERED NUMBER: 00641797)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2024


1. STATUTORY INFORMATION

Central Flower Sales (Coventry) Limited 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.

Stocks
Stocks are valued at lower of cost and net realisable value.

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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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 does not currently operate a defined contribution company scheme. Pension contributions are made into a personal scheme nominated by the director.

Tangible fixed assets
Depreciation has been computed to write off the cost of tangible fixed assets over their expected lives using an annual rate of 20% with the exception of the coldroom which is depreciated over three years.

CENTRAL FLOWER SALES (COVENTRY) LIMITED (REGISTERED NUMBER: 00641797)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2023
and 31 March 2024 57,012
DEPRECIATION
At 1 April 2023 49,955
Charge for year 6,575
At 31 March 2024 56,530
NET BOOK VALUE
At 31 March 2024 482
At 31 March 2023 7,057

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 44,860 61,205
Other debtors 3,368 22,565
48,228 83,770

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 26,377 43,952
Taxation and social security 17,100 21,482
Other creditors 2,543 2,398
46,020 67,832

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the director’s current accounts were overdrawn, the maximum amount was Mr A Iaquinta £9,888, Mr S L Hemming £9,888 and the year end balance was Mr A Iaquinta £283 (2023 £9,888) Mr S L Hemming £283 (2023 £9,888). These have subsequently cleared.

8. RELATED PARTY DISCLOSURES

Both Mr A Iaquinta and Mr S Hemming served as directors throughout the year and are both shareholders in the company.

CENTRAL FLOWER SALES (COVENTRY) LIMITED (REGISTERED NUMBER: 00641797)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2024


9. ULTIMATE CONTROLLING PARTY

The controlling party is Mr A Iaquinta.