IRIS Accounts Production v24.2.0.383 04268516 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh042685162023-01-31042685162024-01-31042685162023-02-012024-01-31042685162022-01-31042685162022-02-012023-01-31042685162023-01-3104268516ns15:EnglandWales2023-02-012024-01-3104268516ns14:PoundSterling2023-02-012024-01-3104268516ns10:Director12023-02-012024-01-3104268516ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3104268516ns10:SmallEntities2023-02-012024-01-3104268516ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3104268516ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3104268516ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3104268516ns10:AbridgedAccounts2023-02-012024-01-3104268516ns10:Director22023-02-012024-01-3104268516ns10:CompanySecretary12023-02-012024-01-3104268516ns10:RegisteredOffice2023-02-012024-01-3104268516ns5:CurrentFinancialInstruments2024-01-3104268516ns5:CurrentFinancialInstruments2023-01-3104268516ns5:ShareCapital2024-01-3104268516ns5:ShareCapital2023-01-3104268516ns5:RetainedEarningsAccumulatedLosses2024-01-3104268516ns5:RetainedEarningsAccumulatedLosses2023-01-3104268516ns5:LandBuildings2023-02-012024-01-3104268516ns5:PlantMachinery2023-02-012024-01-31
REGISTERED NUMBER: 04268516 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024

FOR

EILEEN DOUGLAS TACK SHOPS LIMITED

EILEEN DOUGLAS TACK SHOPS LIMITED (REGISTERED NUMBER: 04268516)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


EILEEN DOUGLAS TACK SHOPS LIMITED

COMPANY INFORMATION
for the Year Ended 31 JANUARY 2024







DIRECTORS: Mrs E P Douglas
M S Douglas





SECRETARY: M J Douglas





REGISTERED OFFICE: 3 The Rise, Reading Road
Finchampstead
Wokingham
Berkshire
RG40 4RH





REGISTERED NUMBER: 04268516 (England and Wales)





ACCOUNTANTS: Knight & Company Ltd
11 Castle Hill
Maidenhead
Berkshire
SL6 4AA

EILEEN DOUGLAS TACK SHOPS LIMITED (REGISTERED NUMBER: 04268516)

ABRIDGED BALANCE SHEET
31 JANUARY 2024

31/1/24 31/1/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 891,468 910,340

CURRENT ASSETS
Stocks 1,054,136 985,965
Debtors 58,210 42,727
Cash at bank and in hand 229,275 214,278
1,341,621 1,242,970
CREDITORS
Amounts falling due within one year 160,002 106,197
NET CURRENT ASSETS 1,181,619 1,136,773
TOTAL ASSETS LESS CURRENT
LIABILITIES

2,073,087

2,047,113

PROVISIONS FOR LIABILITIES 12,243 10,551
NET ASSETS 2,060,844 2,036,562

CAPITAL AND RESERVES
Called up share capital 12,000 12,000
Retained earnings 2,048,844 2,024,562
SHAREHOLDERS' FUNDS 2,060,844 2,036,562

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

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

EILEEN DOUGLAS TACK SHOPS LIMITED (REGISTERED NUMBER: 04268516)

ABRIDGED BALANCE SHEET - continued
31 JANUARY 2024


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

All the members have consented to the preparation of an abridged Statement of Income and Retained Earnings and an abridged Balance Sheet for the year ended 31 January 2024 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 September 2024 and were signed on its behalf by:





Mrs E P Douglas - Director


EILEEN DOUGLAS TACK SHOPS LIMITED (REGISTERED NUMBER: 04268516)

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

1. STATUTORY INFORMATION

Eileen Douglas Tack Shops 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents sales of goods, excluding VAT. Revenue is recognised at the point of sale.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost and 20% on cost

Tangible fixed assets are stated at cost less accumulated depreciation and any recognised impairment loss.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Net realisable value is based on selling price less anticipated costs to completion plus selling costs.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2023 - 16 ) .

EILEEN DOUGLAS TACK SHOPS LIMITED (REGISTERED NUMBER: 04268516)

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

4. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 February 2023 1,257,323
Additions 6,500
At 31 January 2024 1,263,823
DEPRECIATION
At 1 February 2023 346,983
Charge for year 25,372
At 31 January 2024 372,355
NET BOOK VALUE
At 31 January 2024 891,468
At 31 January 2023 910,340

5. RELATED PARTY DISCLOSURES

Included in other debtors is an amount owed to the company of £191 (2023 - £190 credit) by the directors.