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REGISTERED NUMBER: 14710296 (England and Wales)
















Unaudited Financial Statements

for the Period 7 March 2023 to 31 March 2024

for

Puffins of Weston Super Mare Limited

Puffins of Weston Super Mare Limited (Registered number: 14710296)

Contents of the Financial Statements
for the Period 7 March 2023 to 31 March 2024










Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Puffins of Weston Super Mare Limited

Company Information
for the Period 7 March 2023 to 31 March 2024







DIRECTORS: Mr D H Waterhouse
Mrs S M Waterhouse





REGISTERED OFFICE: 9-11 Regent Street
Weston Super Mare
BS23 1SE





REGISTERED NUMBER: 14710296 (England and Wales)





ACCOUNTANTS: Somerset Accountancy Services Ltd
22 Wessex Park
Bancombe Business Estate
Somerton
Somerset
TA11 6SB

Puffins of Weston Super Mare Limited (Registered number: 14710296)

Abridged Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 55,057
Tangible assets 5 8,885
63,942

CURRENT ASSETS
Stocks 500
Debtors 5,750
Cash at bank and in hand 23,490
29,740
CREDITORS
Amounts falling due within one year 102,293
NET CURRENT LIABILITIES (72,553 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(8,611

)

CAPITAL AND RESERVES
Called up share capital 6 2
Retained earnings (8,613 )
SHAREHOLDERS' FUNDS (8,611 )

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

The members have not required the company to obtain an audit of its financial statements for the period 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.

Puffins of Weston Super Mare Limited (Registered number: 14710296)

Abridged 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.

All the members have consented to the preparation of an abridged Balance Sheet for the period ended 31 March 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 25 September 2024 and were signed on its behalf by:





Mr D H Waterhouse - Director


Puffins of Weston Super Mare Limited (Registered number: 14710296)

Notes to the Financial Statements
for the Period 7 March 2023 to 31 March 2024


1. STATUTORY INFORMATION

Puffins of Weston Super Mare 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period 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.

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.

Puffins of Weston Super Mare Limited (Registered number: 14710296)

Notes to the Financial Statements - continued
for the Period 7 March 2023 to 31 March 2024


2. ACCOUNTING POLICIES - continued

Going concern basis of accounting
At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director that they will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 10 .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 7 March 2023
and 31 March 2024 61,175
AMORTISATION
Amortisation for period 6,118
At 31 March 2024 6,118
NET BOOK VALUE

At 31 March 2024 55,057
At 6 March 2023 61,175

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 7 March 2023
and 31 March 2024 10,453
DEPRECIATION
Charge for period 1,568
At 31 March 2024 1,568
NET BOOK VALUE
At 31 March 2024 8,885
At 6 March 2023 10,453

Puffins of Weston Super Mare Limited (Registered number: 14710296)

Notes to the Financial Statements - continued
for the Period 7 March 2023 to 31 March 2024


6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal
value: £   
2 Ordinary £1 2