Company Registration No. 05234484 (England and Wales)
Ceres Health Food Store Limited
Unaudited accounts
for the year ended 30 September 2017
Ceres Health Food Store Limited
Unaudited accounts
Contents
Ceres Health Food Store Limited
Company Information
for the year ended 30 September 2017
Director
Simon James Boyd
Secretary
Simon James Boyd
Company Number
05234484 (England and Wales)
Registered Office
203 West Street
Fareham
Hampshire
PO16 0EN
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Ceres Health Food Store Limited
Statement of financial position
as at
30 September 2017
Tangible assets
909
1,212
Inventories
17,005
17,826
Cash at bank and in hand
18,667
14,894
Creditors: amounts falling due within one year
(24,099)
(21,834)
Net current assets
11,573
11,678
Called up share capital
4
4
Profit and loss account
12,478
12,886
Shareholders' funds
12,482
12,890
For the year ending 30 September 2017 the company was entitled to exemption from audit 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the Board on 28 October 2017.
Simon James Boyd
Director
Company Registration No. 05234484
Ceres Health Food Store Limited
Notes to the Accounts
for the year ended 30 September 2017
Ceres Health Food Store Limited is a private company, limited by shares, registered in England and Wales, registration number 05234484. The registered office is 203 West Street, Fareham, Hampshire, PO16 0EN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
These financial statements for the year ended 30 September 2017 are the first financial statements that comply with FRS 102 Section 1A Small Entities. The date of transition is 1 October 2015.
The transition to FRS 102 Section 1A Small Entities has resulted in a small number of changes in accounting policies to those used previously.
The nature of these changes and their impact on opening equity and profit for the comparative period are explained in the notes below.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
The turnover shown in the profit and loss account represents amounts invoiced during the year, exclusive of Value Added Tax.
Fixed Assets & Depreciation
All fixed assets are initially recorded at cost.
Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful economic life of that asset as follows:
Plant & machinery
25% on reducing balance
Fixtures & fittings
25% on reducing balance
Ceres Health Food Store Limited
Notes to the Accounts
for the year ended 30 September 2017
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 October 2016
581
1,530
2,111
At 30 September 2017
581
1,530
2,111
At 1 October 2016
230
669
899
Charge for the year
88
215
303
At 30 September 2017
318
884
1,202
At 30 September 2017
263
646
909
At 30 September 2016
351
861
1,212
Finished goods
17,005
17,826
7
Creditors: amounts falling due within one year
2017
2016
Taxes and social security
14,023
11,992
Loans from directors
8,623
8,623
8
Share capital
2017
2016
Allotted, called up and fully paid:
4 Ordinary shares of £1 each
4
4
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Loan to Director
8,623
8,110
-
16,733
Ceres Health Food Store Limited
Notes to the Accounts
for the year ended 30 September 2017
10
Transactions with related parties
The company was under the control of Mr Simon James Boyd throughout the current and
previous year. Mr Simon James Boyd is the managing director and majority shareholder.
11
Average number of employees
During the year the average number of employees was 4 (2016: 4).