Company Registration No. 04710243 (England and Wales)
Garstang Health Food Store Limited
Unaudited accounts
for the year ended 31 August 2025
Garstang Health Food Store Limited
Unaudited accounts
Contents
Garstang Health Food Store Limited
Company Information
for the year ended 31 August 2025
Company Number
04710243 (England and Wales)
Registered Office
c/o Pearson & Associates, Suite E
Canal Wharf, Eshton Road
Gargrave
BD23 3SE
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
Garstang Health Food Store Limited
Statement of financial position
as at 31 August 2025
Cash at bank and in hand
2,386
2,959
Creditors: amounts falling due within one year
(18,896)
(11,910)
Net current assets
14,730
19,688
Total assets less current liabilities
14,730
19,928
Creditors: amounts falling due after more than one year
(11,387)
(15,750)
Called up share capital
1,000
1,000
Profit and loss account
2,343
3,178
Shareholders' funds
3,343
4,178
For the year ending 31 August 2025 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 her 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 1 May 2026 and were signed on its behalf by
HJ Tofalos
Director
Company Registration No. 04710243
Garstang Health Food Store Limited
Notes to the Accounts
for the year ended 31 August 2025
Garstang Health Food Store Limited is a private company, limited by shares, registered in England and Wales, registration number 04710243. The registered office is c/o Pearson & Associates, Suite E, Canal Wharf, Eshton Road, Gargrave, BD23 3SE.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
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:
Plant & machinery
25% reducing balance
Motor vehicles
25% reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Garstang Health Food Store Limited
Notes to the Accounts
for the year ended 31 August 2025
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
At 1 September 2024
15,000
At 1 September 2024
15,000
5
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 September 2024
10,127
1,715
11,842
At 31 August 2025
10,127
1,715
11,842
At 1 September 2024
9,887
1,715
11,602
Charge for the year
240
-
240
At 31 August 2025
10,127
1,715
11,842
At 31 August 2024
240
-
240
Amounts falling due after more than one year
Other debtors
10,000
10,000
Garstang Health Food Store Limited
Notes to the Accounts
for the year ended 31 August 2025
7
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
5,487
3,687
Trade creditors
11,086
6,116
Taxes and social security
(1,707)
(1,678)
Loans from directors
4,030
3,785
8
Creditors: amounts falling due after more than one year
2025
2024
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).