GROOMERS LIMITED

Company Registration Number:
03975057 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

GROOMERS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Balance sheet
Additional notes
Balance sheet notes

GROOMERS LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

Jeannette Edwards
Deborah McDermott


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
5 September 2024

And signed on behalf of the board by:
Name: Deborah McDermott
Status: Director

GROOMERS LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 141,718 180,295
Total fixed assets: 141,718 180,295
Current assets
Stocks: 4 910,166 819,752
Debtors: 5 612,721 688,400
Cash at bank and in hand: 16,317 3,655
Total current assets: 1,539,204 1,511,807
Creditors: amounts falling due within one year: 6 ( 1,551,483 ) ( 1,511,246 )
Net current assets (liabilities): (12,279) 561
Total assets less current liabilities: 129,439 180,856
Creditors: amounts falling due after more than one year: 7 ( 44,958 ) ( 114,567 )
Provision for liabilities: ( 26,926 ) ( 34,256 )
Total net assets (liabilities): 57,555 32,033
Capital and reserves
Called up share capital: 103 103
Other reserves: 53 53
Profit and loss account: 57,399 31,877
Total Shareholders' funds: 57,555 32,033

The notes form part of these financial statements

GROOMERS LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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.

The directors have chosen not to file a copy of the company's profit and loss account.

This report was approved by the board of directors on 1 October 2024
and signed on behalf of the board by:

Name: Deborah McDermott
Status: Director

The notes form part of these financial statements

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 21 24

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 279,762 171,877 0 451,639
Additions 6,168 6,750 12,918
Disposals ( 27,135 ) ( 6,882 ) ( 34,017 )
Revaluations
Transfers
At 31 March 2024 258,795 164,995 6,750 430,540
Depreciation
At 1 April 2023 177,222 94,122 0 271,344
Charge for year 813 22,658 750 24,221
On disposals ( 5,367 ) ( 1,376 ) ( 6,743 )
Other adjustments
At 31 March 2024 172,668 115,404 750 288,822
Net book value
At 31 March 2024 86,127 49,591 6,000 141,718
At 31 March 2023 102,540 77,755 0 180,295

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Stocks

2024 2023
£ £
Stocks 910,166 819,752
Total 910,166 819,752

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Debtors

2024 2023
£ £
Trade debtors 440,034 568,571
Prepayments and accrued income 163,687 119,766
Other debtors 9,000 63
Total 612,721 688,400

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

6. Creditors: amounts falling due within one year note

2024 2023
£ £
Bank loans and overdrafts 421,830 443,335
Trade creditors 633,144 446,268
Taxation and social security 194,993 210,324
Accruals and deferred income 33,109 75,404
Other creditors 268,407 335,915
Total 1,551,483 1,511,246

GROOMERS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

7. Creditors: amounts falling due after more than one year note

2024 2023
£ £
Bank loans and overdrafts 44,958 114,567
Total 44,958 114,567