The Flower Emporium Stockport Limited - Accounts to registrar - small 17.2

REGISTERED NUMBER: 06017361 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2016

for

The Flower Emporium Stockport Limited

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

Director:

Mr M A Colclough

Secretary:

Mr M A Colclough

Registered office:

Library Chambers

48 Union Street

Hyde

Cheshire

SK14 1ND

Registered number:

06017361 (England and Wales)

Accountants:

Allen Mills Howard & Co

Chartered Certified Accountants

Library Chambers

48 Union Street

Hyde

Cheshire

SK14 1ND

The following reproduces the text of the report prepared for the director and members in respect of the

company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is

only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other

primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the

financial statements of The Flower Emporium Stockport Limited for the year ended 31 December 2016 which comprise

the Profit and Loss Account, Balance Sheet, and the related notes from the company's accounting records and from

information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the director of The Flower Emporium Stockport Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Flower Emporium Stockport Limited and state those matters that we have agreed to state to the director of The Flower Emporium Stockport Limited in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that The Flower Emporium Stockport Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Flower Emporium Stockport Limited. You consider that The Flower Emporium Stockport Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Flower Emporium Stockport Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Allen Mills Howard & Co

Chartered Certified Accountants

Library Chambers

48 Union Street

Hyde

Cheshire

SK14 1ND

12 July 2017

Fixed assets

Intangible assets

4

9,600

10,900

Tangible assets

5

2,872

3,549

12,472

14,449

Current assets

Stocks

2,250

4,000

Debtors

6

7,661

6,038

Cash at bank and in hand

91

173

10,002

10,211

Creditors

Amounts falling due within one year

7

20,435

20,062

Net current liabilities

(10,433

)

(9,851

)

Total assets less current liabilities

2,039

4,598

Creditors

Amounts falling due after more than one year

8

(1,879

)

(4,385

)

Provisions for liabilities

(157

)

(201

)

Net assets

3

12

Capital and reserves

Called up share capital

2

2

Retained earnings

1

10

3

12

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2016.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2016 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director on 12 July 2017 and were signed by:

Mr M A Colclough - Director

1.	Statutory information

The Flower Emporium Stockport Limited is a private company, limited by shares , registered in England and

Wales. The company's registered number and registered office address can be found on the Company

Information page.

2.	Accounting policies

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost

less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Fixtures and fittings

-

25% on 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.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account,

except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they

will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	Employees and directors

The average number of employees during the year was 6 .

4.	Intangible fixed assets

Patents

and

Goodwill

licences

Totals

£

£

£

Cost

At 1 January 2016

and 31 December 2016

10,000

7,000

17,000

Amortisation

At 1 January 2016

6,100

-

6,100

Amortisation for year

1,300

-

1,300

At 31 December 2016

7,400

-

7,400

Net book value

At 31 December 2016

2,600

7,000

9,600

At 31 December 2015

3,900

7,000

10,900

5.	Tangible fixed assets

Fixtures

and

fittings

£

Cost

At 1 January 2016

14,627

Additions

280

At 31 December 2016

14,907

Depreciation

At 1 January 2016

11,078

Charge for year

957

At 31 December 2016

12,035

Net book value

At 31 December 2016

2,872

At 31 December 2015

3,549

6.

Debtors: amounts falling due within one year

2016

2015

£

£

Trade debtors

5,975

2,569

Other debtors

1,686

3,469

7,661

6,038

7.

Creditors: amounts falling due within one year

2016

2015

£

£

Bank loans and overdrafts

7,734

6,753

Trade creditors

-

1,841

Taxation and social security

10,236

9,464

Other creditors

2,465

2,004

20,435

20,062

8.

Creditors: amounts falling due after more than one year

2016

2015

£

£

Bank loans

1,879

4,385