Company Registration No. 07368194 (England and Wales)
Heritage Cards and Souvenirs Limited
Unaudited accounts
for the year ended 30 September 2024
Heritage Cards and Souvenirs Limited
Unaudited accounts
Contents
Heritage Cards and Souvenirs Limited
Company Information
for the year ended 30 September 2024
Company Number
07368194 (England and Wales)
Registered Office
Hargill House
Moor Road
Askrigg, Leyburn
North Yorkshire
DL8 3HH
England
Accountants
SJW Business Solutions
Thornborough Hall
Moor Road
Leyburn
North Yorkshire
DL8 5AB
Heritage Cards and Souvenirs Limited
Statement of financial position
as at 30 September 2024
Tangible assets
1,459
1,741
Cash at bank and in hand
20,047
28,132
Creditors: amounts falling due within one year
(75,261)
(119,348)
Net current assets/(liabilities)
7,384
(16,433)
Net assets/(liabilities)
8,843
(14,692)
Called up share capital
100
100
Profit and loss account
8,743
(14,792)
Shareholders' funds
8,843
(14,692)
For the year ending 30 September 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 his 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 and authorised for issue on 6 January 2025 and were signed on its behalf by
James Petty
Director
Company Registration No. 07368194
Heritage Cards and Souvenirs Limited
Notes to the Accounts
for the year ended 30 September 2024
Heritage Cards and Souvenirs Limited is a private company, limited by shares, registered in England and Wales, registration number 07368194. The registered office is Hargill House, Moor Road, Askrigg, Leyburn, North Yorkshire, DL8 3HH, 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:
Plant & machinery
20% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
15% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 30 September 2024
33,000
At 30 September 2024
33,000
Heritage Cards and Souvenirs Limited
Notes to the Accounts
for the year ended 30 September 2024
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2023
5,900
3,269
1,820
10,989
At 30 September 2024
5,900
3,269
1,820
10,989
At 1 October 2023
5,476
2,499
1,273
9,248
Charge for the year
84
115
83
282
At 30 September 2024
5,560
2,614
1,356
9,530
At 30 September 2024
340
655
464
1,459
At 30 September 2023
424
770
547
1,741
Amounts falling due within one year
Trade debtors
26,176
28,275
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,872
16,529
Taxes and social security
4,049
-
Loans from directors
55,560
96,633
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).