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Registered number: 11566698

The London Herb Company Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024

Prepared By:
Allan G Hill and Partners
Chenies
Okewood Hill
Ockley
Surrey
RH5 5NB

The London Herb Company Limited

ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
DIRECTORS
Stacey Houghton
Paul Charles Luff
Paul James Aylward
REGISTERED OFFICE
Chenies
Okewood Hill
Ockley
Surrey
RH5 5NH
COMPANY DETAILS
Private company limited by shares registered in England and Wales, registered number 11566698
ACCOUNTANTS
Allan G Hill and Partners
Chenies
Okewood Hill
Ockley
Surrey
RH5 5NB

The London Herb Company Limited

ACCOUNTS
FOR THEYEARENDED31/03/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

The London Herb Company Limited

BALANCE SHEET AT 31/03/2024
20242023
Notes££
FIXED ASSETS
Tangible assets3135,278176,065
CURRENT ASSETS
Stock27,0008,000
Debtors51,619,8121,383,178
Cash at bank and in hand87,59242,790
1,734,4041,433,968
CREDITORS: Amounts falling due within one year61,631,6521,331,878
NET CURRENT ASSETS102,752102,090
TOTAL ASSETS LESS CURRENT LIABILITIES238,030278,155
CREDITORS: Amounts falling due after more than one year7112,012110,415
PROVISIONS FOR LIABILITIES AND CHARGES823,28936,527
NET ASSETS102,729131,213
CAPITAL AND RESERVES
Called up share capital9149149
Profit and loss account102,580131,064
SHAREHOLDERS' FUNDS102,729131,213
For the year ending 31/03/2024 the company was entitled to exemption 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/02/2025 and signed on their behalf by
.............................
Stacey Houghton
Director

The London Herb Company Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/03/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machineryreducing balance 25%
Fixtures and Fittingsreducing balance 25%
Motor Carsreducing balance 25%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
2. EMPLOYEES
20242023
No.No.
Average number of employees2121

The London Herb Company Limited

3. TANGIBLE FIXED ASSETS
Plant andFixtures
Machineryand FittingsMotor CarsTotal
££££
Cost
At 01/04/2023211,4825,45445,575262,511
Additions--52,30752,307
Disposals(55,000)-(12,000)(67,000)
At 31/03/2024156,4825,45485,882247,818
Depreciation
At 01/04/202363,8362,53120,08086,447
Disposals(13,750)-(5,250)(19,000)
For the year26,59973117,76345,093
At 31/03/202476,6853,26232,593112,540
Net Book Amounts
At 31/03/202479,7972,19253,289135,278
At 31/03/2023147,6462,92325,495176,064
4. STOCK 20242023
££
Stock comprises:
Stock27,0008,000
27,0008,000
5. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors1,569,7731,360,798
Provision for doubtful debts173,568173,568
UK corporation tax-17,175
VAT31,837590
Prepayments3,0154,615
Directors current account15,187-
1,793,3801,556,746

The London Herb Company Limited

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax131-
PAYE control54,05029,485
Directors current account-8,900
Directors current account4,56710,567
Directors current account16,71716,717
Bank Loan10,3979,920
Hire purchase41,59024,385
Trade creditors1,402,5181,151,015
Accruals-8,889
Amounts due to group companies101,68272,000
1,631,6521,331,878
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans (unsecured) >1yr9,99523,467
Hire purchase >1yr102,01786,948
112,012110,415
8. PROVISIONS FOR LIABILITIES 20242023
££
Pensions5148,951
Deferred taxation22,77527,576
23,28936,527

The London Herb Company Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
99 Ordinary shares of £1 each9999
50 Class B shares of £1 each5050
149149