CHARMOUTH GENERAL STORE LIMITED

Company Registration Number:
11514681 (England and Wales)

Unaudited statutory accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

CHARMOUTH GENERAL STORE LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Balance sheet - 4
Additional notes - 6
Balance sheet notes - 9

CHARMOUTH GENERAL STORE LIMITED

Company Information

for the Period Ended 31 January 2024




Director: D G Leach
Mrs S M Leach
Registered office: 4 The Arcade
The Street
Charmouth
Dorset
GBR
DT6 6PU
Company Registration Number: 11514681 (England and Wales)

CHARMOUTH GENERAL STORE LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 21,297 21,156
Total fixed assets: 21,297 21,156
Current assets
Stocks: 96,865 103,188
Debtors: 5 996 1,017
Cash at bank and in hand: 26,156 17,982
Total current assets: 124,017 122,187
Creditors: amounts falling due within one year: 6 ( 58,400 ) ( 59,663 )
Net current assets (liabilities): 65,617 62,524
Total assets less current liabilities: 86,914 83,680
Creditors: amounts falling due after more than one year: 7 ( 12,316 ) ( 15,234 )
Provision for liabilities: ( 4,046 ) ( 4,019 )
Total net assets (liabilities): 70,552 64,427

The notes form part of these financial statements

CHARMOUTH GENERAL STORE LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 70,550 64,425
Shareholders funds: 70,552 64,427

For the year ending 31 January 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.

This report was approved by the board of directors on 5 September 2024
And Signed On Behalf Of The Board By:

Name: D G Leach
Status: Director

Name: Mrs S M Leach
Status: Director

The notes form part of these financial statements

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 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

    Turnover policy

    Turnover represents net sales, excluding value added tax.

    Tangible fixed assets depreciation policy

    Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
    Plant and machinery etc - 25% on reducing balance
    Motor vehicles - 25% on reducing balance

    Other accounting policies

    Taxation Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly to 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. Defined contribution plans Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 5 5

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible assets

Plant & machinery Motor vehicles Total
Cost £ £ £
At 01 February 2023 7,621 31,745 39,366
Additions 7,241 - 7,241
Disposals - - -
Revaluations - - -
Transfers - - -
At 31 January 2024 14,862 31,745 46,607
Depreciation
At 01 February 2023 4,322 13,888 18,210
Charge for year 2,635 4,465 7,100
On disposals - - -
Other adjustments - - -
At 31 January 2024 6,957 18,353 25,310
Net book value
At 31 January 2024 7,905 13,392 21,297
At 31 January 2023 3,299 17,857 21,156

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Debtors


2024
£

2023
£
Prepayments and accrued income 996 1,017
Total 996 1,017

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Bank loans and overdrafts 2,484 2,050
Trade creditors 1,263 2,025
Taxation and social security 2,513 6,259
Accruals and deferred income 1,195 1,195
Other creditors 50,945 48,134
Total 58,400 59,663

CHARMOUTH GENERAL STORE LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

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


2024
£

2023
£
Bank loans and overdrafts 12,316 15,234
Total 12,316 15,234