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REGISTERED NUMBER: 03350147 (England and Wales)



































Financial Statements

for the Year Ended 31 March 2024

for

The Courtyard Trading Co. Limited

The Courtyard Trading Co. Limited (Registered number: 03350147)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


The Courtyard Trading Co. Limited

Company Information
for the Year Ended 31 March 2024







DIRECTORS: S Liddle
R M Temple
J Cobb
B H Freeman
N S L Maud





SECRETARY: M G Fletcher





REGISTERED OFFICE: The Courtyard
Edgar Street
Hereford
Herefordshire
HR4 9JR





REGISTERED NUMBER: 03350147 (England and Wales)





AUDITORS: Thorne Widgery Accountancy Ltd
Chartered Accountants
Statutory Auditors
2 Wyevale Business Park
Kings Acre
Hereford
Herefordshire
HR4 7BS

The Courtyard Trading Co. Limited (Registered number: 03350147)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £   
FIXED ASSETS
Tangible assets 4 38,624 31,313

CURRENT ASSETS
Stocks 15,384 17,175
Debtors 5 14,375 13,082
Cash at bank and in hand 113,696 56,778
143,455 87,035
CREDITORS
Amounts falling due within one year 6 (149,823 ) (94,858 )
NET CURRENT LIABILITIES (6,368 ) (7,823 )
TOTAL ASSETS LESS CURRENT LIABILITIES 32,256 23,490

PROVISIONS FOR LIABILITIES (6,079 ) (4,414 )
NET ASSETS 26,177 19,076

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 26,176 19,075
26,177 19,076

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 October 2024 and were signed on its behalf by:





S Liddle - Director


The Courtyard Trading Co. Limited (Registered number: 03350147)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

The Courtyard Trading Co. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Going concern
To the best of ability and knowledge, the Directors can confirm with confidence that The Courtyard Trust and Trading Company will still be trading through to September 2025 and beyond. We are confident that, through effective and timely management and strong governance, the organisation will continue its path of resilience.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33.3% on reducing balance and 25% reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in 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 or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

The Courtyard Trading Co. Limited (Registered number: 03350147)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 31 (2023 - 26 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to and
Property fittings Totals
£    £    £   
COST
At 1 April 2023 17,282 69,924 87,206
Additions - 12,942 12,942
At 31 March 2024 17,282 82,866 100,148
DEPRECIATION
At 1 April 2023 1,440 54,453 55,893
Charge for year 691 4,940 5,631
At 31 March 2024 2,131 59,393 61,524
NET BOOK VALUE
At 31 March 2024 15,151 23,473 38,624
At 31 March 2023 15,842 15,471 31,313

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 4,373 8,494
Other debtors 10,002 4,588
14,375 13,082

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade creditors 26,569 20,214
Amounts owed to group undertakings 73,514 16,627
Taxation and social security 33,808 33,533
Other creditors 15,932 24,484
149,823 94,858

7. DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Kevin Tong FCCA ACA (Senior Statutory Auditor)
for and on behalf of Thorne Widgery Accountancy Ltd