GARDEN TIMBER RETAIL LIMITED

Company Registration Number:
07902702 (England and Wales)

Unaudited abridged accounts for the year ended 31 January 2024

Period of accounts

Start date: 01 February 2023

End date: 31 January 2024

GARDEN TIMBER RETAIL LIMITED

Contents of the Financial Statements

for the Period Ended 31 January 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

GARDEN TIMBER RETAIL LIMITED

Company Information

for the Period Ended 31 January 2024




Director: Anthony Johnson
Registered office: 75
High Street
Gravesend
England
DA11 0BH
Company Registration Number: 07902702 (England and Wales)

GARDEN TIMBER RETAIL LIMITED

Directors' Report Period Ended 31 January 2024

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

Directors

The directors shown below have held office during the whole of the period from 01 February 2023 to 31 January 2024
Anthony Johnson

This report was approved by the board of directors on 31 March 2024
And Signed On Behalf Of The Board By:

Name: Anthony Johnson
Status: Director

GARDEN TIMBER RETAIL LIMITED

Profit and Loss Account

for the Period Ended 31 January 2024


Notes

2024
£

2023
£
Gross Profit or (Loss) 330,586 297,135
Distribution Costs ( 56,580 ) ( 68,323 )
Administrative Expenses ( 249,337 ) ( 206,462 )
Operating Profit or (Loss) 24,669 22,350
Interest Payable and Similar Charges ( 23,737 ) ( 21,530 )
Profit or (Loss) Before Tax 932 820
Tax on Profit ( 177 ) ( 164 )
Profit or (Loss) for Period 755 656

The notes form part of these financial statements

GARDEN TIMBER RETAIL LIMITED

Balance sheet

As at 31 January 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 187,529 147,831
Total fixed assets: 187,529 147,831
Current assets
Stocks: 24,355 29,085
Cash at bank and in hand: 351,114 341,511
Total current assets: 375,469 370,596
Creditors: amounts falling due within one year: ( 37,604 ) ( 16,870 )
Net current assets (liabilities): 337,865 353,726
Total assets less current liabilities: 525,394 501,557
Total net assets (liabilities): 525,394 501,557

The notes form part of these financial statements

GARDEN TIMBER RETAIL LIMITED

Balance sheet continued

As at 31 January 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Revaluation reserve: 5 524,539 500,801
Profit and loss account: 755 656
Shareholders funds: 525,394 501,557

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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

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 31 March 2024
And Signed On Behalf Of The Board By:

Name: Anthony Johnson
Status: Director

The notes form part of these financial statements

GARDEN TIMBER RETAIL 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

GARDEN TIMBER RETAIL 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

GARDEN TIMBER RETAIL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

  • 3. Off balance sheet disclosure

    No

GARDEN TIMBER RETAIL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

4. Tangible Assets

Total
Cost £
At 01 February 2023 226,333
Additions 47,979
Disposals -
Revaluations -
Transfers -
At 31 January 2024 274,312
Depreciation
At 01 February 2023 78,502
Charge for year 8,281
On disposals -
Other adjustments -
At 31 January 2024 86,783
Net book value
At 31 January 2024 187,529
At 31 January 2023 147,831

GARDEN TIMBER RETAIL LIMITED

Notes to the Financial Statements

for the Period Ended 31 January 2024

5. Revaluation reserve


2024
£
Balance at 01 February 2023 500,801
Surplus or deficit after revaluation 23,738
Balance at 31 January 2024 524,539