The Cotton Print Factory Shop Limited Filleted accounts for Companies House (small and micro)
The Cotton Print Factory Shop Limited Filleted accounts for Companies House (small and micro)
COMPANY REGISTRATION NUMBER:
NI015551
|
|
|
|
Financial Statements |
Year ended 31st July 2023
Contents |
Page |
Statement of financial position |
1 |
Notes to the financial statements |
3 |
|
Statement of Financial Position |
2023 |
2022 |
||
Note |
£ |
£ |
£ |
Fixed assets
Tangible assets |
5 |
|
|
|
Current assets
Stocks |
|
|
||
Debtors |
6 |
|
|
|
Cash at bank and in hand |
|
|
||
---------- |
------------ |
|||
|
|
|||
Creditors: amounts falling due within one year |
7 |
|
|
|
---------- |
------------ |
|||
Net current (liabilities)/assets |
(
|
|
||
------- |
------------ |
|||
Total assets less current liabilities |
|
|
||
Provisions
Taxation including deferred tax |
|
|
|
------- |
------------ |
||
Net assets |
|
|
|
------- |
------------ |
||
Capital and reserves
Called up share capital |
|
|
|
Profit and loss account |
|
|
|
------- |
------------ |
||
Shareholders funds |
|
|
|
------- |
------------ |
||
Director's responsibilities:
-
The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476
;
-
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements
.
|
Statement of Financial Position (continued) |
These financial statements were approved by the
board of directors
and authorised for issue on
7 March 2024
, and are signed on behalf of the board by:
|
|
Director |
|
Company registration number:
NI015551
|
Notes to the Financial Statements |
Year ended 31st July 2023
1.
General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 16/18 Dargan Crescent, Duncrue Industrial Estate, Belfast, BT3 9JP.
2.
Statement of compliance
3.
Accounting policies
Basis of preparation
Debtors and creditors receivable / payable withing one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.
Revenue recognition
Taxation
Tangible assets
Depreciation
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:
Leasehold improvements |
- |
|
|
Fixtures and fittings |
- |
|
|
Motor vehicles |
- |
|
|
Impairment of fixed assets
Stocks
Provisions
Financial instruments
Defined contribution plans
4.
Employee numbers
The average number of persons employed by the company during the year amounted to
19
(2022:
18
).
5.
Tangible assets
Leasehold improvements |
Fixtures and fittings |
Motor vehicles |
Total |
|
£ |
£ |
£ |
£ |
|
Cost |
||||
At 1st August 2022 and 31st July 2023 |
|
|
|
|
-------- |
-------- |
-------- |
---------- |
|
Depreciation |
||||
At 1st August 2022 |
|
|
|
|
Charge for the year |
– |
|
|
|
-------- |
-------- |
-------- |
---------- |
|
At 31st July 2023 |
|
|
|
|
-------- |
-------- |
-------- |
---------- |
|
Carrying amount |
||||
At 31st July 2023 |
– |
|
|
|
-------- |
-------- |
-------- |
---------- |
|
At 31st July 2022 |
– |
|
|
|
-------- |
-------- |
-------- |
---------- |
|
6.
Debtors
2023 |
2022 |
|
£ |
£ |
|
Trade debtors |
|
|
Amounts owed by group undertakings |
|
|
Other debtors |
|
|
---------- |
---------- |
|
|
|
|
---------- |
---------- |
|
7.
Creditors:
amounts falling due within one year
2023 |
2022 |
|
£ |
£ |
|
Trade creditors |
|
|
Amounts owed to related undertaking |
|
– |
Corporation tax |
– |
|
Social security and other taxes |
|
|
Other creditors |
|
|
---------- |
---------- |
|
|
|
|
---------- |
---------- |
|
8.
Related party transactions
9.
Controlling party