Freight Shop Ltd - Accounts

2021-05-01 2022-04-30 false Capium Accounts Production 1.1 08987735 bus:AbridgedAccounts 2021-05-01 2022-04-30 08987735 bus:FRS102 2021-05-01 2022-04-30 08987735 bus:AuditExemptWithAccountantsReport 2021-05-01 2022-04-30 08987735 bus:SmallCompaniesRegimeForAccounts 2021-05-01 2022-04-30 08987735 bus:PrivateLimitedCompanyLtd 2021-05-01 2022-04-30 08987735 2021-05-01 2022-04-30 08987735 2022-04-30 08987735 bus:RegisteredOffice 2021-05-01 2022-04-30 08987735 core:WithinOneYear 2022-04-30 08987735 core:AfterOneYear 2022-04-30 08987735 bus:Director1 2021-05-01 2022-04-30 08987735 bus:Director1 2022-04-30 08987735 bus:Director1 2020-05-01 2021-04-30 08987735 bus:Director2 2021-05-01 2022-04-30 08987735 bus:Director2 2022-04-30 08987735 bus:Director2 2020-05-01 2021-04-30 08987735 2020-05-01 08987735 bus:CompanySecretary1 2021-05-01 2022-04-30 08987735 bus:LeadAgentIfApplicable 2021-05-01 2022-04-30 08987735 2020-05-01 2021-04-30 08987735 2021-04-30 08987735 core:WithinOneYear 2021-04-30 08987735 core:AfterOneYear 2021-04-30 08987735 bus:EntityAccountantsOrAuditors 2020-05-01 2021-04-30 08987735 core:PlantMachinery 2021-05-01 2022-04-30 08987735 core:PlantMachinery 2022-04-30 08987735 core:PlantMachinery 2021-04-30 08987735 core:ComputerEquipment 2021-05-01 2022-04-30 08987735 core:ComputerEquipment 2022-04-30 08987735 core:ComputerEquipment 2021-04-30 08987735 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-04-30 08987735 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2021-04-30 08987735 core:CostValuation core:Non-currentFinancialInstruments 2022-04-30 08987735 core:CostValuation core:Non-currentFinancialInstruments 2021-04-30 08987735 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2022-04-30 08987735 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2022-04-30 08987735 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2022-04-30 08987735 core:Non-currentFinancialInstruments 2022-04-30 08987735 core:Non-currentFinancialInstruments 2021-04-30 08987735 core:ShareCapital 2022-04-30 08987735 core:ShareCapital 2021-04-30 08987735 core:RetainedEarningsAccumulatedLosses 2022-04-30 08987735 core:RetainedEarningsAccumulatedLosses 2021-04-30 08987735 dpl:Item1 2021-05-01 08987735 dpl:Item1 2022-04-30 08987735 dpl:Item1 2020-05-01 08987735 dpl:Item1 2021-04-30 iso4217:GBP xbrli:shares xbrli:pure

Registered Number: 08987735

England and Wales

Abridged Accounts

for the year ended 30 April 2022

for

FREIGHT SHOP LTD

Registered Number: 08987735 Freight Shop Ltd
Statement of Financial Position
As at 30 April 2022

	2022 £	2021 £
Fixed assets
Tangible fixed assets	4,511	4,922
	4,511	4,922
Current assets
Stocks	10,147	7,318
Debtors	26,570	879
Cash at bank and in hand	167,590	158,304
	204,307	166,501
Creditors: amount falling due within one year	(126,632)	(110,942)
Net current assets	77,675	55,559

Total assets less current liabilities	82,186	60,481
Net assets	82,186	60,481

Capital and reserves
Called up share capital	2	2
Profit and loss account	82,184	60,479
Shareholder's funds	82,186	60,481

For the year ended 30 April 2022 the company was entitled to exemption from audit under section 477 of the companies act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The directors acknowledge their responsibilities for complying with the requirements of the companies act 2006 with respect to accounting records and the preparation of accounts.

These financial statements 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 Part 15 of the Companies Act 2006. In accordance with Section 444 of the Companies Act 2006, the income statement has not been delivered to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the board of directors on 27 January 2023 and were signed on its behalf by:

--------------------------------
Mrs Helen Lydia Adamczewski
Director

--------------------------------
Miss Adele Adamczewski
Director

Freight Shop Ltd
Notes to the Abridged Financial Statements
For the year ended 30 April 2022

General Information

Freight Shop Ltd is a private company, limited by shares, registered in England and Wales, registration number 08987735, registration address Albion House, Albion Street, Lewes, East Sussex, BN7 2NF.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Computer Equipment	20% Reducing Balance
Plant and Machinery	20% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 5 (2021 : 5).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Computer Equipment	Total
	£	£	£
At 01 May 2021	8,860	11,823	20,683
Additions	-	718	718
Disposals	-	-	-
At 30 April 2022	8,860	12,541	21,401
Depreciation
At 01 May 2021	7,002	8,759	15,761
Charge for year	372	757	1,129
On disposals	-	-	-
At 30 April 2022	7,374	9,516	16,890
Net book values
Closing balance as at 30 April 2022	1,486	3,025	4,511
Opening balance as at 01 May 2021	1,858	3,064	4,922