Page | |
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Company Information | 1 |
Director's Report | 2 |
Profit and Loss Account | 3 |
Balance Sheet | 4—5 |
Statement of Changes in Equity | 6 |
Notes to the Financial Statements | 7—10 |
Director |
|
Secretary |
|
Company Number |
|
Registered Office | Chapel Barn |
Shop | |
Bude | |
Cornwall | |
EX23 9SQ | |
Business | Chapel Barn |
Shop | |
Bude | |
Cornwall | |
EX23 9SQ | |
|
Director
|
|
2024 | 2023 | |||
---|---|---|---|---|
Notes | £ | £ | ||
TURNOVER |
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Cost of sales |
( |
( |
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GROSS PROFIT |
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Administrative expenses |
( |
( |
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OPERATING PROFIT | 3 |
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Loss on disposal of fixed assets |
( |
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Other interest receivable and similar income |
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PROFIT BEFORE TAXATION |
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Tax on Profit | 6 |
( |
( |
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PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR |
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||
2024 | 2023 | ||||
---|---|---|---|---|---|
Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Tangible Assets | 7 |
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CURRENT ASSETS | |||||
Stocks | 8 |
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Debtors | 9 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 10 |
( |
( |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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PROVISIONS FOR LIABILITIES | |||||
Deferred Taxation | 11 |
( |
( |
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NET ASSETS |
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CAPITAL AND RESERVES | |||||
Called up share capital | 12 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | 39,492 | 46,482 | |||
Director
|
|
Share Capital | Profit and Loss Account | Total | |
---|---|---|---|
£ | £ | £ | |
As at 1 July 2022 |
|
|
40,033 |
Profit for the year and total comprehensive income | - |
|
46,477 |
Dividends paid | - | (40,028) | (40,028) |
Purchase of own shares |
|
|
- |
As at 30 June 2023 and 1 July 2023 |
|
|
46,482 |
Profit for the year and total comprehensive income | - |
|
39,486 |
Dividends paid | - | (46,476) | (46,476) |
Purchase of own shares |
|
|
- |
As at 30 June 2024 |
|
|
39,492 |
Plant & Machinery |
|
Motor Vehicles |
|
Computer Equipment |
|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Depreciation of tangible fixed assets |
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|
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Wages and salaries |
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Social security costs |
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Other pension costs |
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2024 | 2023 | ||
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Office and administration |
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Manufacturing |
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Tax Rate | 2024 | 2023 | |||
---|---|---|---|---|---|
2024 | 2023 | £ | £ | ||
Current tax | |||||
UK Corporation Tax | - | 19.3% |
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Deferred Tax | |||||
Deferred taxation |
( |
( |
|||
Total tax charge for the period |
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|||
2024 | 2023 | ||||
£ | £ | ||||
Profit before tax | 48,748 | 57,592 | |||
Breakdown of tax charge is: | |||||
Tax on profit at 19% (UK standard rate) |
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Goodwill/depreciation not allowed for tax |
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Capital allowances |
( |
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Short term timing differences |
( |
( |
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Total tax charge for the period | 9,262 | 11,115 | |||
Plant & Machinery | Motor Vehicles | Computer Equipment | Total | |
---|---|---|---|---|
£ | £ | £ | £ | |
Cost | ||||
As at 1 July 2023 |
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Additions |
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Disposals |
( |
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( |
( |
As at 30 June 2024 |
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Depreciation | ||||
As at 1 July 2023 |
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Provided during the period |
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Disposals |
( |
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( |
( |
As at 30 June 2024 |
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Net Book Value | ||||
As at 30 June 2024 |
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As at 1 July 2023 |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Materials |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Trade creditors |
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Bank loans and overdrafts |
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Corporation tax |
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Social security PAYE (Current liabilities - creditors < 1 year) |
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VAT (Current liabilities - creditors < 1 year) |
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Social security NI (Current liabilities - creditors < 1 year) | 251 | 405 | |
Workplace Pension Scheme Current Liability |
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Sales Tax Conrol Account (Current liabilities - creditors < 1 year) | - |
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2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
Other timing differences | 830 | 938 | |
2024 | 2023 | |
---|---|---|
£ | £ | |
Mr David Pearce | 13,478 | 14,010 |
2024 | 2023 | ||
---|---|---|---|
£ | £ | ||
On equity shares: | |||
Interim dividend paid |
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