Accrington Celestial Shop Ltd 13961578 false 2023-10-01 2024-09-30 2024-09-30 The principal activity of the company is that of a shop selling second hand goods. Digita Accounts Production Advanced 6.30.9574.0 true true 13961578 2023-10-01 2024-09-30 13961578 2024-09-30 13961578 2 2024-09-30 13961578 core:CurrentFinancialInstruments 2024-09-30 13961578 core:CurrentFinancialInstruments core:WithinOneYear 2024-09-30 13961578 bus:SmallEntities 2023-10-01 2024-09-30 13961578 bus:AuditExemptWithAccountantsReport 2023-10-01 2024-09-30 13961578 bus:FilletedAccounts 2023-10-01 2024-09-30 13961578 bus:SmallCompaniesRegimeForAccounts 2023-10-01 2024-09-30 13961578 bus:RegisteredOffice 2023-10-01 2024-09-30 13961578 bus:Director1 2023-10-01 2024-09-30 13961578 bus:CompanyLimitedByGuarantee 2023-10-01 2024-09-30 13961578 countries:EnglandWales 2023-10-01 2024-09-30 13961578 2022-10-01 2023-09-30 13961578 2023-09-30 13961578 2 2023-09-30 13961578 core:CurrentFinancialInstruments 2023-09-30 13961578 core:CurrentFinancialInstruments core:WithinOneYear 2023-09-30 iso4217:GBP xbrli:pure

Registration number: 13961578

Accrington Celestial Shop Ltd

(A company limited by guarantee)

Unaudited Filleted Financial Statements

for the Year Ended 30 September 2024

 

Accrington Celestial Shop Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 3

 

Accrington Celestial Shop Ltd

(Registration number: 13961578)
Balance Sheet as at 30 September 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

296

14

Cash at bank and in hand

 

11,991

13,855

 

12,287

13,869

Creditors: Amounts falling due within one year

5

(11,900)

(13,505)

Net assets

 

387

364

Reserves

 

Retained earnings

387

364

Surplus

 

387

364

For the financial 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.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 25 June 2025 and signed on its behalf by:
 

.........................................
A T Yates
Director

 

Accrington Celestial Shop Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

1

General information

The company is a company limited by guarantee, incorporated in England and Wales, and consequently does not have share capital. Each of the members is liable to contribute an amount not exceeding £1 towards the assets of the company in the event of liquidation.

The address of its registered office is:
Unit 11, 42 Cornhill
Accrington
BB5 1EX

These financial statements were authorised for issue by the Board on 25 June 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Accrington Celestial Shop Ltd

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2024

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

3

Staff numbers

The average number of persons employed by the company (including directors) during the year, was 1 (2023 - 1).

4

Debtors

Note

2024
£

2023
£

Corporation tax recoverable

296

14

 

296

14

5

Creditors

2024
£

2023
£

Due within one year

Accruals and deferred income

5,520

12,620

Other creditors

6,380

885

11,900

13,505