REGISTERED NUMBER: 14710296 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Puffins of Weston Super Mare Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr D H Waterhouse

Mrs S M Waterhouse

REGISTERED OFFICE:

9-11 Regent Street

Weston Super Mare

BS23 1SE

REGISTERED NUMBER:

14710296 (England and Wales)

ACCOUNTANTS:

Somerset Accountancy Services Ltd

22 Wessex Park

Bancombe Business Estate

Somerton

Somerset

TA11 6SB

FIXED ASSETS

Intangible assets

4

48,940

55,057

Tangible assets

5

9,442

8,885

58,382

63,942

CURRENT ASSETS

Stocks

500

500

Debtors

6,222

5,750

Cash at bank and in hand

21,898

23,490

28,620

29,740

CREDITORS

Amounts falling due within one year

97,835

102,293

NET CURRENT LIABILITIES

(69,215

)

(72,553

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(10,833

)

(8,611

)

PROVISIONS FOR LIABILITIES

6

1,794

-

NET LIABILITIES

(12,627

)

(8,611

)

CAPITAL AND RESERVES

Called up share capital

7

2

2

Retained earnings

(12,629

)

(8,613

)

SHAREHOLDERS' FUNDS

(12,627

)

(8,611

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 November 2025 and were signed on its behalf by:

Mr D H Waterhouse - Director

1.	STATUTORY INFORMATION

Puffins of Weston Super Mare Limited 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

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.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

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

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.

Going concern basis of accounting

At the balance sheet date, the company's liabilities exceeded its assets. The company has received assurance from the director that they will continue to give financial support to the company for twelve months from the date of signing these financial statements.

On this basis, the director considers it appropriate to prepare the accounts on a going concern basis. However, should the financial support mentioned above not be forthcoming, the going concern basis used in preparing the company's accounts may be invalid and adjustments would have to be made to reduce the value of assets to their realisable amount and to provide for any further liabilities which might arise. The accounts do not include any adjustments to the company's assets or liabilities that might be necessary should this basis not continue to be appropriate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 10 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

61,175

AMORTISATION

At 1 April 2024

6,118

Amortisation for year

6,117

At 31 March 2025

12,235

NET BOOK VALUE

At 31 March 2025

48,940

At 31 March 2024

55,057

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

10,453

Additions

2,100

At 31 March 2025

12,553

DEPRECIATION

At 1 April 2024

1,568

Charge for year

1,543

At 31 March 2025

3,111

NET BOOK VALUE

At 31 March 2025

9,442

At 31 March 2024

8,885

6.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

1,794

-

Deferred

tax

£

Charge to Income Statement during year

1,794

Balance at 31 March 2025

1,794

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

£

2

Ordinary

£1

2

2