The Hemp Shop Limited

	Page
Abridged Balance Sheet	1—2
Notes to the Abridged Financial Statements	3—4

Registered number: 06978826

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		363		1,328
Tangible Assets	5		7,071		9,453

			7,434		10,781
CURRENT ASSETS
Stocks		135,000		120,000
Debtors		618		585
Cash at bank and in hand		2,906		10,165

		138,524		130,750
Creditors: Amounts Falling Due Within One Year		(502,567 )		(499,871 )

NET CURRENT ASSETS (LIABILITIES)			(364,043 )		(369,121 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(356,609 )		(358,340 )

Creditors: Amounts Falling Due After More Than One Year			-		(8,691 )

NET LIABILITIES			(356,609 )		(367,031 )

CAPITAL AND RESERVES
Called up share capital	6		10		10
Profit and Loss Account			(356,619 )		(367,041 )

SHAREHOLDERS' FUNDS			(356,609)		(367,031)

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The Hemp Shop Limited

Abridged Balance Sheet (continued)

As At 31 August 2025

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 member has 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.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

All of the company's members have consented to the preparation of an Abridged Balance Sheet for the year end 31 August 2025 in accordance with section 444(2A) of the Companies Act 2006.

On behalf of the board

Mrs Camilla Hornby

Director

29/05/2026

The notes on pages 3 to 4 form part of these financial statements.

1. General Information

The Hemp Shop Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06978826 . The registered office is Tirelands Farm, Enmore, Bridgwater, Somerset, TA5 2DR.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Intangible Fixed Assets and Amortisation - Other Intangible

Website development costs are amortised to profit and loss account over its estimated economic life of 5 years.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straight Line
Motor Vehicles	20% Reducing Balane
Fixtures & Fittings	20% Straight Line
Computer Equipment	20% Straight Line

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was as follows:

	2025	2024
Office and administration	3	3

	3	3

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The Hemp Shop Limited

Notes to the Abridged Financial Statements (continued)

For The Year Ended 31 August 2025

4. Intangible Assets

	Total
	£
Cost
As at 1 September 2024	10,864

As at 31 August 2025	10,864

Amortisation
As at 1 September 2024	9,536
Provided during the period	965

As at 31 August 2025	10,501

Net Book Value
As at 31 August 2025	363

As at 1 September 2024	1,328

5. Tangible Assets

	Total
	£
Cost
As at 1 September 2024	66,233
Additions	468

As at 31 August 2025	66,701

Depreciation
As at 1 September 2024	56,780
Provided during the period	2,850

As at 31 August 2025	59,630

Net Book Value
As at 31 August 2025	7,071

As at 1 September 2024	9,453

6. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	10	10

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