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REGISTERED NUMBER: 13101784 (England and Wales)













Unaudited Financial Statements

for the Year Ended 31 January 2024

for

CHRISTMAS TREE WORLD LTD

CHRISTMAS TREE WORLD LTD (REGISTERED NUMBER: 13101784)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CHRISTMAS TREE WORLD LTD

Company Information
FOR THE YEAR ENDED 31 JANUARY 2024







Directors: Mr L S Evans
Mr S Evans





Registered office: Christmas Tree World
Unit 3
Enfield Street
Wigan
Lancashire
WN5 8DB





Registered number: 13101784 (England and Wales)





Accountants: NRB
1st Floor Waterside House
Waterside Drive
Wigan
Lancashire
WN3 5AZ

CHRISTMAS TREE WORLD LTD (REGISTERED NUMBER: 13101784)

Balance Sheet
31 JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 95,485 75,175
Tangible assets 5 102,457 25,946
197,942 101,121

CURRENT ASSETS
Debtors 6 410,241 622,409
Cash at bank - 14,589
410,241 636,998
CREDITORS
Amounts falling due within one year 7 190,346 462,439
NET CURRENT ASSETS 219,895 174,559
TOTAL ASSETS LESS CURRENT
LIABILITIES

417,837

275,680

PROVISIONS FOR LIABILITIES 9 49,158 -
NET ASSETS 368,679 275,680

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings 368,678 275,679
SHAREHOLDERS' FUNDS 368,679 275,680

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

CHRISTMAS TREE WORLD LTD (REGISTERED NUMBER: 13101784)

Balance Sheet - continued
31 JANUARY 2024


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 7 February 2025 and were signed on its behalf by:





Mr S Evans - Director


CHRISTMAS TREE WORLD LTD (REGISTERED NUMBER: 13101784)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Christmas Tree World Ltd 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.

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

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Development costs are being amortised evenly over their estimated useful life of ten years.

Computer software is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

CHRISTMAS TREE WORLD LTD (REGISTERED NUMBER: 13101784)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Development Computer
costs software Totals
£    £    £   
COST
At 1 February 2023 78,755 - 78,755
Additions 29,859 1,458 31,317
At 31 January 2024 108,614 1,458 110,072
AMORTISATION
At 1 February 2023 3,580 - 3,580
Amortisation for year 10,861 146 11,007
At 31 January 2024 14,441 146 14,587
NET BOOK VALUE
At 31 January 2024 94,173 1,312 95,485
At 31 January 2023 75,175 - 75,175

5. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Plant and and
property machinery fittings Totals
£    £    £    £   
COST
At 1 February 2023 25,946 - - 25,946
Additions - 32,316 52,248 84,564
At 31 January 2024 25,946 32,316 52,248 110,510
DEPRECIATION
Charge for year 8,053 - - 8,053
At 31 January 2024 8,053 - - 8,053
NET BOOK VALUE
At 31 January 2024 17,893 32,316 52,248 102,457
At 31 January 2023 25,946 - - 25,946

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 22,375 2,827
Amounts owed by group undertakings 387,376 619,581
Other debtors 490 1
410,241 622,409

CHRISTMAS TREE WORLD LTD (REGISTERED NUMBER: 13101784)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 21,804 -
Trade creditors 124,416 233,521
Amounts owed to group undertakings 1,300 1,300
Taxation and social security 29,127 222,441
Other creditors 13,699 5,177
190,346 462,439

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Bank overdrafts 21,804 -

The company assets are secured by fixed and floating charges, dated 31 August 2022 in favour of Barclays Security Trustee Limited. This was satisfied on 9th August 2023.

Further charges exist in favour of Handelsbanken PLC dated 07 August 2023 which are secured by fixed and floating charges.

9. PROVISIONS FOR LIABILITIES
31.1.24 31.1.23
£    £   
Deferred tax 49,158 -

Deferred
tax
£   
Provided during year 49,158
Balance at 31 January 2024 49,158

10. CALLED UP SHARE CAPITAL

Allotted and issued:
Number: Class: Nominal 31.1.24 31.1.23
value: £    £   
1 Ordinary 1 1 1

11. ULTIMATE CONTROLLING PARTY

The parent company, which owns 100% of the issued share capital is Linten Garden Products Limited.