Company Registration No. 11606107 (England and Wales)
HINDLEY RETAIL LIMITED
Unaudited accounts
for the period from 1 March 2023 to 28 February 2024
HINDLEY RETAIL LIMITED
Unaudited accounts
Contents
HINDLEY RETAIL LIMITED
Company Information
for the period from 1 March 2023 to 28 February 2024
Company Number
11606107 (England and Wales)
Registered Office
85 MARKET STREET
HINDLEY
WIGAN
WN2 3AE
ENGLAND
Accountants
Xeinadin Group
Regent House
Folds Road
Bolton
BL1 2RZ
HINDLEY RETAIL LIMITED
Statement of financial position
as at 28 February 2024
Intangible assets
56,488
63,133
Cash at bank and in hand
4,114
6,276
Creditors: amounts falling due within one year
(28,969)
(29,526)
Net current liabilities
(22,399)
(19,275)
Total assets less current liabilities
34,089
43,858
Creditors: amounts falling due after more than one year
(8,750)
(12,950)
Called up share capital
1
1
Profit and loss account
25,338
30,907
Shareholders' funds
25,339
30,908
For the period ending 28 February 2024 the company was entitled to exemption from audit 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 director acknowledges her 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 the 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 30 April 2024 and were signed on its behalf by
Shahina Patel
Director
Company Registration No. 11606107
HINDLEY RETAIL LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
HINDLEY RETAIL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11606107. The registered office is 85 MARKET STREET, HINDLEY, WIGAN, WN2 3AE, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous period, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
4
Intangible fixed assets
Total
At 28 February 2024
83,068
Charge for the period
6,645
At 28 February 2024
26,580
At 28 February 2024
56,488
At 28 February 2023
63,133
HINDLEY RETAIL LIMITED
Notes to the Accounts
for the period from 1 March 2023 to 28 February 2024
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
6
Average number of employees
During the period the average number of employees was 5 (2023: 5).