Company Registration No. 11189154 (England and Wales)
Blacksmith Store London Ltd
Unaudited accounts
for the year ended 29 February 2024
Blacksmith Store London Ltd
Unaudited accounts
Contents
Blacksmith Store London Ltd
Company Information
for the year ended 29 February 2024
Directors
Thomas Chudley
Charlotte Chudley
Company Number
11189154 (England and Wales)
Registered Office
Blacksmith Store The Woodyard
High Street
Naseby
Northampton
NN6 6DD
England
Blacksmith Store London Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
82,276
9,847
Inventories
183,654
222,349
Cash at bank and in hand
697,493
340,394
Creditors: amounts falling due within one year
(305,394)
(160,275)
Net current assets
817,106
449,564
Total assets less current liabilities
904,193
459,411
Creditors: amounts falling due after more than one year
(92,166)
(86,761)
Net assets
812,027
372,650
Called up share capital
1
1
Profit and loss account
812,026
372,649
Shareholders' funds
812,027
372,650
For the year ending 29 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 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 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 of Directors and authorised for issue on 18 June 2024 and were signed on its behalf by
Thomas Chudley
Director
Company Registration No. 11189154
Blacksmith Store London Ltd
Notes to the Accounts
for the year ended 29 February 2024
Blacksmith Store London Ltd is a private company, limited by shares, registered in England and Wales, registration number 11189154. The registered office is Blacksmith Store The Woodyard, High Street, Naseby, Northampton, NN6 6DD, 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 year, 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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
10% Reducing Balance
Fixtures & fittings
20% Reducing Balance
Computer equipment
20% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Other
Blacksmith Store London Ltd
Notes to the Accounts
for the year ended 29 February 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
-
8,451
5,549
14,000
Additions
63,476
9,853
4,777
78,106
At 29 February 2024
63,476
18,304
10,326
92,106
At 1 March 2023
-
2,777
1,376
4,153
Charge for the year
2,079
2,299
1,299
5,677
At 29 February 2024
2,079
5,076
2,675
9,830
At 29 February 2024
61,397
13,228
7,651
82,276
At 28 February 2023
-
5,674
4,173
9,847
Amounts falling due within one year
Trade debtors
192,143
31,325
Accrued income and prepayments
11,872
949
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
33,137
33,137
Obligations under finance leases and hire purchase contracts
9,380
-
Trade creditors
14,565
6,718
Taxes and social security
203,778
85,143
Loans from directors
-
33,327
8
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
37,910
-
9
Average number of employees
During the year the average number of employees was 9 (2023: 2).