REGISTERED NUMBER: 02067808 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

LEICESTER WHOLEFOOD CO-OPERATIVE

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr PA Charnock

Ms KA Johnson

SECRETARY:

Mr PA Charnock

REGISTERED OFFICE:

Unit 3

Freehold Street

Leicester

Leicestershire

LE1 2LX

REGISTERED NUMBER:

02067808 (England and Wales)

FIXED ASSETS

Tangible assets

4

6,527

6,934

Investments

5

187

187

6,714

7,121

CURRENT ASSETS

Stocks

6

40,874

38,152

Debtors

7

21,279

12,392

Cash at bank and in hand

5,250

8,520

67,403

59,064

CREDITORS

Amounts falling due within one year

8

56,479

47,128

NET CURRENT ASSETS

10,924

11,936

TOTAL ASSETS LESS CURRENT LIABILITIES

17,638

19,057

RESERVES

Income and expenditure account

17,638

19,057

17,638

19,057

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 surplus or deficit 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.

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 23 December 2025 and were signed on its behalf by:

Mr PA Charnock - Director

1.	STATUTORY INFORMATION

Leicester Wholefood Co-operative Limited is a private company, limited by guarantee , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue comprises the fair value for the sale of goods excluding value added taxes and represents net invoice value less estimated rebates, returns and settlement discounts. In all cases revenue is recognised when the risks and rewards of ownership are transferred and this is defined to be on receipt of the goods.

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

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

25% 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.

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.

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

CREDITORS

Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

49,648

36,238

9,868

95,754

Additions

-

1,769

-

1,769

At 31 March 2025

49,648

38,007

9,868

97,523

DEPRECIATION

At 1 April 2024

45,695

34,245

8,880

88,820

Charge for year

988

941

247

2,176

At 31 March 2025

46,683

35,186

9,127

90,996

NET BOOK VALUE

At 31 March 2025

2,965

2,821

741

6,527

At 31 March 2024

3,953

1,993

988

6,934

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 April 2024

and 31 March 2025

187

NET BOOK VALUE

At 31 March 2025

187

At 31 March 2024

187

6.

STOCKS

2025

2024

£

£

Goods for resale

40,874

38,152

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other debtors

21,279

12,392

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

46,346

42,909

Taxation and social security

1,050

844

Other creditors

9,083

3,375

56,479

47,128

9.	SHARE CAPITAL

The company is incorporated with limited liability by guarantee and does not have any share capital.