1 January 2023 false No description of principal activity Taxfiler 2024.5 08338062business:PrivateLimitedCompanyLtd2023-01-012023-12-31 083380622022-12-31 083380622023-01-012023-12-31 08338062business:AuditExemptWithAccountantsReport2023-01-012023-12-31 08338062business:FilletedAccounts2023-01-012023-12-31 083380622023-12-31 08338062business:Director12023-01-012023-12-31 08338062business:Director22023-01-012023-12-31 08338062business:RegisteredOffice2023-01-012023-12-31 083380622022-12-31 08338062core:WithinOneYear2023-12-31 08338062core:WithinOneYear2022-12-31 08338062core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 08338062core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 08338062core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 08338062core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 08338062core:PreviouslyStatedAmount2023-12-31 08338062core:PreviouslyStatedAmount2022-12-31 08338062business:SmallEntities2023-01-012023-12-31 08338062countries:EnglandWales2023-01-012023-12-31 08338062core:PlantMachinery2023-01-012023-12-31 08338062core:Goodwill2022-12-31 08338062core:Goodwill2023-12-31 08338062core:PlantMachinery2022-12-31 08338062core:PlantMachinery2023-12-31 08338062business:OrdinaryShareClass12023-01-012023-12-31 08338062business:OrdinaryShareClass12022-01-012022-12-31 083380622022-01-012022-12-31 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 08338062 (England and Wales)
The Haberdashery Cart Ltd Unaudited accounts for the year ended 31 December 2023
The Haberdashery Cart Ltd Unaudited accounts Contents
Page
- 2 -
The Haberdashery Cart Ltd Company Information for the year ended 31 December 2023
Directors
Ian Burton Jenny Burton
Company Number
08338062 (England and Wales)
Registered Office
43 Havacre Lane Coseley West Midlands WV14 9NP
Accountants
Paul Roscoe & Co accountants & business advisers Heath House Cheadle Road UTTOXETER ST14 7BY
- 3 -
Accountants' report to the board of directors on the preparation of the unaudited statutory statements of The Haberdashery Cart Ltd (The Company) for the year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of the company for the year ended 31 December 2023 which comprises of the profit and loss account, the balance sheet, and explanatory notes from the company's accounting records and from information and explanations which you have provided us with.
As a member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.
This report is made solely to the board of directors of the company, as a body, in accordance with the terms of our letter of engagement dated 12 January 2013. Our work has been undertaken solely to prepare for your approval the financial statements of the company, and state those matters that we have agreed to state to the board of directors of the company as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its board of directors as a body for our work or for this report.
It is your duty to ensure that the company has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and financial performance of the company. You consider that the company is exempt from the requirement to have a statutory audit for the year ended 31 December 2023.
We have not been instructed to carry out any assurance service on the financial statements of the company. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Paul Roscoe & Co Financial Accountants accountants & business advisers Heath House Cheadle Road UTTOXETER ST14 7BY 20 September 2024
- 4 -
The Haberdashery Cart Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Current assets
Inventories
16,332 
11,453 
Cash at bank and in hand
2,338 
359 
18,670 
11,812 
Creditors: amounts falling due within one year
(17,182)
(10,140)
Net current assets
1,488 
1,672 
Net assets
1,488 
1,672 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,388 
1,572 
Shareholders' funds
1,488 
1,672 
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 September 2024 and were signed on its behalf by
Ian Burton Director Company Registration No. 08338062
- 5 -
The Haberdashery Cart Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
The Haberdashery Cart Ltd is a private company, limited by shares, registered in England and Wales, registration number 08338062. The registered office is 43 Havacre Lane, Coseley, West Midlands, WV14 9NP.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight basis over their estimated useful economic lives. Impairment of intangible fixed assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2023
7,500 
At 31 December 2023
7,500 
Amortisation
At 1 January 2023
7,500 
At 31 December 2023
7,500 
Net book value
At 31 December 2023
- 
- 6 -
The Haberdashery Cart Ltd Notes to the Accounts for the year ended 31 December 2023
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
337 
At 31 December 2023
337 
Depreciation
At 1 January 2023
337 
At 31 December 2023
337 
Net book value
At 31 December 2023
- 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
- 
495 
Taxes and social security
- 
65 
Other creditors
17,182 
9,580 
17,182 
10,140 
7
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
- 7 -