KATHERINES FLORISTS LIMITED

KATHERINES FLORISTS LIMITED

KATHERINES FLORISTS LIMITED - Company Information

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KATHERINES FLORISTS LIMITED

Company Registration Number:
00409938 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2023

Period of accounts

Start date: 01 June 2022

End date: 31 May 2023

KATHERINES FLORISTS LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Balance sheet
Notes

KATHERINES FLORISTS LIMITED

Balance sheet

As at 31 May 2023


Notes
2023
2022


£
£
Fixed assets
Tangible assets: 3 352,971 270,683
Total fixed assets: 352,971 270,683
Current assets
Stocks: 4,107 4,633
Debtors:   21,562 29,210
Cash at bank and in hand: 7,956 23,146
Total current assets: 33,625 56,989
Creditors: amounts falling due within one year:   (143,171) (113,836)
Net current assets (liabilities): (109,546) (56,847)
Total assets less current liabilities: 243,425 213,836
Creditors: amounts falling due after more than one year:   (21,207) (33,023)
Total net assets (liabilities): 222,218 180,813
Capital and reserves
Called up share capital: 29,700 29,700
Revaluation reserve:4156,25470,000
Profit and loss account: 36,264 81,113
Shareholders funds: 222,218 180,813

The notes form part of these financial statements

KATHERINES FLORISTS LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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 directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 January 2024
and signed on behalf of the board by:

Name: H Nikzad
Status: Director

The notes form part of these financial statements

KATHERINES FLORISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses.Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:Plant and machinery - 25% reducing balanceFittings fixtures and equipment -15% straight lineMotor vehicles - 25% reducing balance

Other accounting policies

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition.

KATHERINES FLORISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

2. Employees

2023 2022
Average number of employees during the period 30 30

KATHERINES FLORISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible Assets

Total
Cost £
At 01 June 2022 439,025
Revaluations 86,254
At 31 May 2023 525,279
Depreciation
At 01 June 2022 168,342
Charge for year 3,966
At 31 May 2023 172,308
Net book value
At 31 May 2023 352,971
At 31 May 2022 270,683

KATHERINES FLORISTS LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Revaluation reserve

2023
£
Balance at 01 June 2022 70,000
Surplus or deficit after revaluation 86,254
Balance at 31 May 2023 156,254