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Company Registration No. 08631590 (England and Wales)
HARLESTON LOCAL STORE LTD Unaudited accounts for the year ended 31 July 2024
HARLESTON LOCAL STORE LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
1,400 
1,400 
Current assets
Inventories
37,108 
39,971 
Debtors
6,608 
6,608 
Cash at bank and in hand
39,208 
41,765 
82,924 
88,344 
Creditors: amounts falling due within one year
(3,451)
(2,087)
Net current assets
79,473 
86,257 
Total assets less current liabilities
80,873 
87,657 
Creditors: amounts falling due after more than one year
(79,498)
(86,000)
Net assets
1,375 
1,657 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,275 
1,557 
Shareholders' funds
1,375 
1,657 
For the year ending 31 July 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 29 April 2025 and were signed on its behalf by
Asanka Sanjeewa Rathnayaka Rathanayaka Mudiyanselage Director Company Registration No. 08631590
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HARLESTON LOCAL STORE LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
HARLESTON LOCAL STORE LTD is a private company, limited by shares, registered in England and Wales, registration number 08631590. The registered office is 12 THE THOROUGHFARE, HARLESTON, NORFOLK, IP20 9AX.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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:
4
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 August 2023
1,400 
At 31 July 2024
1,400 
Depreciation
At 31 July 2024
- 
Net book value
At 31 July 2024
1,400 
At 31 July 2023
1,400 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
6,608 
Accrued income and prepayments
6,608 
- 
6,608 
6,608 
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HARLESTON LOCAL STORE LTD Notes to the Accounts for the year ended 31 July 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,451 
2,087 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
79,498 
86,000 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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