Caseware UK (AP4) 2023.0.135 2023.0.135 true2023-01-01falseNo description of principal activity00trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 02317635 2023-01-01 2023-12-31 02317635 2022-01-01 2022-12-31 02317635 2023-12-31 02317635 2022-12-31 02317635 2022-01-01 02317635 c:Director5 2023-01-01 2023-12-31 02317635 d:FurnitureFittings 2023-01-01 2023-12-31 02317635 d:FurnitureFittings 2023-12-31 02317635 d:FurnitureFittings 2022-12-31 02317635 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02317635 d:ComputerEquipment 2023-01-01 2023-12-31 02317635 d:ComputerEquipment 2023-12-31 02317635 d:ComputerEquipment 2022-12-31 02317635 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02317635 d:OwnedOrFreeholdAssets 2023-01-01 2023-12-31 02317635 d:CurrentFinancialInstruments 2023-12-31 02317635 d:CurrentFinancialInstruments 2022-12-31 02317635 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 02317635 d:CurrentFinancialInstruments d:WithinOneYear 2022-12-31 02317635 d:ShareCapital 2023-01-01 2023-12-31 02317635 d:ShareCapital 2023-12-31 02317635 d:ShareCapital 2022-01-01 2022-12-31 02317635 d:ShareCapital 2022-12-31 02317635 d:ShareCapital 2022-01-01 02317635 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 02317635 d:RetainedEarningsAccumulatedLosses 2023-12-31 02317635 d:RetainedEarningsAccumulatedLosses 2022-01-01 2022-12-31 02317635 d:RetainedEarningsAccumulatedLosses 2022-12-31 02317635 d:RetainedEarningsAccumulatedLosses 2022-01-01 02317635 c:OrdinaryShareClass1 2023-01-01 2023-12-31 02317635 c:OrdinaryShareClass1 2023-12-31 02317635 c:OrdinaryShareClass1 2022-12-31 02317635 c:FRS102 2023-01-01 2023-12-31 02317635 c:AuditExempt-NoAccountantsReport 2023-01-01 2023-12-31 02317635 c:FullAccounts 2023-01-01 2023-12-31 02317635 c:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 02317635 e:PoundSterling 2023-01-01 2023-12-31 xbrli:shares iso4217:GBP xbrli:pure
Registered number: 02317635












SALISBURY HOSPITALS FRIENDS SHOP LIMITED
Unaudited
Financial statements
Information for filing with the registrar
For the Year Ended 31 December 2023











Fletcher & Partners
Chartered Accountants

 
SALISBURY HOSPITALS FRIENDS SHOP LIMITED
Registered number:02317635

Statement of Financial Position
As at 31 December 2023

2023
2022
£
£

Fixed assets
  

Tangible assets
 4 
2,283
1,351

  
2,283
1,351

Current assets
  

Stocks
  
6,760
7,328

Debtors: amounts falling due within one year
 5 
273
28

Cash at bank and in hand
  
6,767
8,943

  
13,800
16,299

Creditors: amounts falling due within one year
 6 
(2,310)
(1,836)

Net current assets
  
 
 
11,490
 
 
14,463

Total assets less current liabilities
  
13,773
15,814

  

Net assets
  
13,773
15,814


Capital and reserves
  

Called up share capital 
 7 
2
2

Profit and loss account
  
13,771
15,812

  
13,773
15,814


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 


D Stratton
Director

Date: 25 September 2024

Page 1

 
SALISBURY HOSPITALS FRIENDS SHOP LIMITED
 

Statement of Changes in Equity
For the Year Ended 31 December 2023


Called up share capital
Profit and loss account
Total equity

£
£
£


At 1 January 2022
2
12,314
12,316


Comprehensive income for the year

Profit for the year

-
31,498
31,498


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
31,498
31,498


Contributions by and distributions to owners

Gift aid payments
-
(28,000)
(28,000)


Total transactions with owners
-
(28,000)
(28,000)



At 1 January 2023
2
15,812
15,814


Comprehensive income for the year

Profit for the year

-
44,959
44,959


Other comprehensive income for the year
-
-
-


Total comprehensive income for the year
-
44,959
44,959


Contributions by and distributions to owners

Gift aid payments
-
(47,000)
(47,000)


Total transactions with owners
-
(47,000)
(47,000)


At 31 December 2023
2
13,771
13,773


The notes on pages 3 to 6 form part of these financial statements.

Page 2

 
SALISBURY HOSPITALS FRIENDS SHOP LIMITED
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

1.


General information

The company is limited by shares and incorporated in England (02317635). The address of the registered office is Crown Chambers, Bridge Street, Salisbury, Wiltshire, SP1 2LZ. The address of the principal place of business is Salisbury District Hospital, Odstock Road, Salisbury, Wiltshire, SP2 8BJ

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received. Revenue from the sale of goods is recognised at the point of sale.

 
2.3

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. 

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives. 

Depreciation is provided on the following basis:

Furniture & equipment
-
15.00%
reducing balance
Computer equipment
-
33.33%
straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of Comprehensive Income.

 
2.4

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first outbasis. 

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.5

Debtors

Short term debtors are measured at transaction price, less any impairment. 

 
2.6

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. 

Page 3

 
SALISBURY HOSPITALS FRIENDS SHOP LIMITED
 

Notes to the Financial Statements
For the Year Ended 31 December 2023

2.Accounting policies (continued)

 
2.7

Creditors

Short term creditors are measured at the transaction price. 

 
2.8

Gift aid payments to parent company

Gift aid payments to the parent company are accounted for as a distribution to the owners. Distributions are recognised when they become legally payable.
The company does not have any legal obligation in place at the reporting date to make a gift aid payment in respect of the reporting period to the parent charity. Therefore, gift aid payments are only recognised in the reporting period that the payment is made. The final gift aid payment is planned to be made within 9 months of the end of the reporting date.
The company recognises a taxation charge on its profits for the year. However, the application of the exception under paragraph 29.14A of FRS 102 provides relief in respect of the accounting for the tax charge. This results in an overall nil charge for tax in the profit and loss account. This exception is only applicable as it is probable that final gift aid payment will be made by the company to the parent
charity within 9 months of the reporting date.


3.


Employees




The average monthly number of employees, including directors, during the year was 0 (2022 - 0).

Page 4

 
SALISBURY HOSPITALS FRIENDS SHOP LIMITED
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

4.


Tangible fixed assets





Furniture & equipment
Computer equipment
Total

£
£
£



Cost or valuation


At 1 January 2023
3,303
308
3,611


Additions
1,188
-
1,188



At 31 December 2023

4,491
308
4,799



Depreciation


At 1 January 2023
1,952
308
2,260


Charge for the year on owned assets
256
-
256



At 31 December 2023

2,208
308
2,516



Net book value



At 31 December 2023
2,283
-
2,283



At 31 December 2022
1,351
-
1,351


5.


Debtors

2023
2022
£
£


Other debtors
273
28

273
28



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
497
-

Amounts owed to group undertakings
-
636

Accruals and deferred income
1,813
1,200

2,310
1,836


Page 5

 
SALISBURY HOSPITALS FRIENDS SHOP LIMITED
 
 
Notes to the Financial Statements
For the Year Ended 31 December 2023

7.


Share capital

2023
2022
£
£
Allotted, called up and fully paid



2 (2022 - 2) Ordinary shares of £1.00 each
2
2



8.


Related party transactions

The company is wholly owned by The League of Friends of Salisbury Hospital, a registered charity. The trustees of The League of Friends of Salisbury Hospital are the ultimate controlling parties of the company. 
The company had a current account with the parent during the year. The company owed £636 to the parent at the beginning of the year. The parent paid £383 to suppliers on behalf of the subsidiary, which was repaid to the parent in full. Donations to the value of £466 were received in the shop for the benefit of the parent which were credited to this account. The balance at the year end on the current account was £nil (included in creditors see Note 7).
The total of all gift aid payments/distributions from the company to the parent charity in the year was £47,000 (2022 - £28,000). 


Page 6