Company registration number 07787997 (England and Wales)
CHAPLYNNS COUNTRY STORE LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
CHAPLYNNS COUNTRY STORE LTD
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 4
CHAPLYNNS COUNTRY STORE LTD
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Tangible assets
3
6,891
8,452
Current assets
Stocks
44,024
55,250
Debtors
4
4,626
5,295
Cash at bank and in hand
24,253
11,507
72,903
72,052
Creditors: amounts falling due within one year
5
(63,711)
(62,776)
Net current assets
9,192
9,276
Total assets less current liabilities
16,083
17,728
Creditors: amounts falling due after more than one year
6
(4,742)
(10,920)
Net assets
11,341
6,808
Capital and reserves
Called up share capital
40,000
40,000
Profit and loss reserves
(28,659)
(33,192)
Total equity
11,341
6,808
For the financial year ended 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 of its financial statements for the year in question in accordance with section 476.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The director of the company has elected not to include a copy of the profit and loss account within the financial statements.true
The financial statements were approved and signed by the director and authorised for issue on 2 August 2025
Mrs B L Chapman
Director
Company registration number 07787997 (England and Wales)
CHAPLYNNS COUNTRY STORE LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information
CHAPLYNNS COUNTRY STORE LTD is a private company limited by shares incorporated in England and Wales. The registered office is Green Lane Farm, Hurworth Moor, Darlington, Durham, United Kingdom, DL2 1QE.
1.1
Accounting convention
These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.
The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.
The financial statements have been prepared under the historical cost convention, [modified to include the revaluation of freehold properties and to include investment properties and certain financial instruments at fair value]. The principal accounting policies adopted are set out below.
1.2
Turnover
Turnover is measured at the fair value of the consideration received or receivable excluding discounts, rebates, value added tax and other sales taxes.
1.3
Tangible fixed assets
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.
Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:
Property improvements
10% on reducing balance
Plant and equipment
25% on reducing balance
Motor vehicles
25% on reducing balance
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.
1.4
Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
1.5
Retirement benefits
Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.
CHAPLYNNS COUNTRY STORE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 3 -
2
Employees
The average monthly number of persons (including directors) employed by the company during the year was:
2024
2023
Number
Number
Total
4
4
3
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 1 October 2023 and 30 September 2024
4,545
16,136
20,681
Depreciation and impairment
At 1 October 2023
864
11,365
12,229
Depreciation charged in the year
368
1,193
1,561
At 30 September 2024
1,232
12,558
13,790
Carrying amount
At 30 September 2024
3,313
3,578
6,891
At 30 September 2023
3,681
4,771
8,452
4
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
4,626
5,295
5
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans
6,536
7,055
Trade creditors
43,953
46,492
Taxation and social security
5,214
5,457
Other creditors
8,008
3,772
63,711
62,776
CHAPLYNNS COUNTRY STORE LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
6
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans and overdrafts
4,742
10,920