Caseware UK (AP4) 2021.0.152 2021.0.152 2021-09-302021-09-30truefalse2020-10-01No description of principal activity711trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 09430508 2020-10-01 2021-09-30 09430508 2019-10-01 2020-09-30 09430508 2021-09-30 09430508 2020-09-30 09430508 c:Director2 2020-10-01 2021-09-30 09430508 d:Buildings d:ShortLeaseholdAssets 2020-10-01 2021-09-30 09430508 d:Buildings d:ShortLeaseholdAssets 2021-09-30 09430508 d:Buildings d:ShortLeaseholdAssets 2020-09-30 09430508 d:PlantMachinery 2020-10-01 2021-09-30 09430508 d:PlantMachinery 2021-09-30 09430508 d:PlantMachinery 2020-09-30 09430508 d:PlantMachinery d:OwnedOrFreeholdAssets 2020-10-01 2021-09-30 09430508 d:FurnitureFittings 2020-10-01 2021-09-30 09430508 d:FurnitureFittings 2021-09-30 09430508 d:FurnitureFittings 2020-09-30 09430508 d:FurnitureFittings d:OwnedOrFreeholdAssets 2020-10-01 2021-09-30 09430508 d:OfficeEquipment 2020-10-01 2021-09-30 09430508 d:OfficeEquipment 2021-09-30 09430508 d:OfficeEquipment 2020-09-30 09430508 d:OfficeEquipment d:OwnedOrFreeholdAssets 2020-10-01 2021-09-30 09430508 d:OwnedOrFreeholdAssets 2020-10-01 2021-09-30 09430508 d:CopyrightsPatentsTrademarksServiceOperatingRights 2021-09-30 09430508 d:CopyrightsPatentsTrademarksServiceOperatingRights 2020-09-30 09430508 d:OtherResidualIntangibleAssets 2020-10-01 2021-09-30 09430508 d:CurrentFinancialInstruments 2021-09-30 09430508 d:CurrentFinancialInstruments 2020-09-30 09430508 d:Non-currentFinancialInstruments 2021-09-30 09430508 d:Non-currentFinancialInstruments 2020-09-30 09430508 d:CurrentFinancialInstruments d:WithinOneYear 2021-09-30 09430508 d:CurrentFinancialInstruments d:WithinOneYear 2020-09-30 09430508 d:Non-currentFinancialInstruments d:AfterOneYear 2021-09-30 09430508 d:Non-currentFinancialInstruments d:AfterOneYear 2020-09-30 09430508 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2021-09-30 09430508 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2020-09-30 09430508 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2021-09-30 09430508 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2020-09-30 09430508 d:ShareCapital 2021-09-30 09430508 d:ShareCapital 2020-09-30 09430508 d:RetainedEarningsAccumulatedLosses 2021-09-30 09430508 d:RetainedEarningsAccumulatedLosses 2020-09-30 09430508 c:FRS102 2020-10-01 2021-09-30 09430508 c:AuditExempt-NoAccountantsReport 2020-10-01 2021-09-30 09430508 c:FullAccounts 2020-10-01 2021-09-30 09430508 c:PrivateLimitedCompanyLtd 2020-10-01 2021-09-30 09430508 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2020-10-01 2021-09-30 iso4217:GBP xbrli:pure

Registered number: 09430508









SUPERSNAX 64582 LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 SEPTEMBER 2021

 
SUPERSNAX 64582 LIMITED
REGISTERED NUMBER: 09430508

BALANCE SHEET
AS AT 30 SEPTEMBER 2021

2021
2021
2020
2020
Note
£
£
£
£

Fixed assets
  

Intangible assets
 4 
2,467
2,761

Tangible assets
 5 
28,746
32,522

  
31,213
35,283

Current assets
  

Stocks
  
3,696
3,696

Debtors: amounts falling due within one year
 6 
183,257
201,940

Cash at bank and in hand
  
17,115
6,970

  
204,068
212,606

Creditors: amounts falling due within one year
 7 
(108,184)
(150,950)

Net current assets
  
 
 
95,884
 
 
61,656

Total assets less current liabilities
  
127,097
96,939

Creditors: amounts falling due after more than one year
 8 
(36,667)
(44,792)

Provisions for liabilities
  

Deferred tax
  
(3,874)
(4,243)

Net assets
  
86,556
47,904


Capital and reserves
  

Called up share capital 
  
110
110

Profit and loss account
  
86,446
47,794

  
86,556
47,904


Page 1

 
SUPERSNAX 64582 LIMITED
REGISTERED NUMBER: 09430508
    
BALANCE SHEET (CONTINUED)
AS AT 30 SEPTEMBER 2021

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 19 August 2022.




C S Bajaj
Director

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

1.


General information

Supersnax 64582 Limited is a private limited company incorporated and domiciled in England.  Its registered office and principal place of business is situated at 37 Cornmarket, Derby DE1 2DG. 
The principal activity of the company is the operation of a Subway franchise.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

At the time of signing there is a degree of uncertainty about the economic impact of COVID-19. The directors continue to monitor the position closely, however believe that the company will maintain its current level of activity.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.4

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Government grants

Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

Page 3

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

2.Accounting policies (continued)

 
2.6

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the company in independently administered funds.

 
2.7

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 The estimated useful lives range as follows:

Other intangible fixed assets
-
15
years

Page 4

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

2.Accounting policies (continued)

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
Over the term of the lease
Plant and machinery
-
20% straight line basis
Fixtures and fittings
-
33% straight line basis
Office equipment
-
25% straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 7 (2020 - 11).

Page 5

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

4.


Intangible assets




Franchise Fee

£



Cost


At 1 October 2020
4,400



At 30 September 2021

4,400



Amortisation


At 1 October 2020
1,639


Charge for the year on owned assets
294



At 30 September 2021

1,933



Net book value



At 30 September 2021
2,467



At 30 September 2020
2,761



Page 6

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

5.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Fixtures and fittings
Office equipment
Total

£
£
£
£
£



Cost or valuation


At 1 October 2020
52,889
18,640
11,191
26,863
109,583



At 30 September 2021

52,889
18,640
11,191
26,863
109,583



Depreciation


At 1 October 2020
20,889
18,640
10,807
26,725
77,061


Charge for the year on owned assets
3,543
-
192
41
3,776



At 30 September 2021

24,432
18,640
10,999
26,766
80,837



Net book value



At 30 September 2021
28,457
-
192
97
28,746



At 30 September 2020
32,000
-
384
138
32,522

Page 7

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

6.


Debtors

2021
2020
£
£


Trade debtors
29,773
8,345

Other debtors
138,951
183,719

Prepayments and accrued income
14,533
9,876

183,257
201,940


Included in other debtors are loans to other companies incorporated in England that are owned and controlled by the directors of this company. £3,624 (2020 - £NIL) was outstanding at the balance sheet date.  These loans are interest free with no fixed repayment terms.


7.


Creditors: Amounts falling due within one year

2021
2020
£
£

Bank loans
10,000
5,208

Trade creditors
37,525
30,729

Corporation tax
16,112
6,711

Other taxation and social security
673
4,990

Other creditors
26,750
94,207

Accruals and deferred income
17,124
9,105

108,184
150,950


Included in other creditors are loans from other companies incorporated in England that are owned and controlled by the directors of this company.  £25,130 (2020 - £92,586) was outstanding at the balance sheet date.  These loans are interest free with no fixed repayment terms.


8.


Creditors: Amounts falling due after more than one year

2021
2020
£
£

Bank loans
36,667
44,792


Page 8

 
SUPERSNAX 64582 LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2021

9.


Loans


Analysis of the maturity of loans is given below:


2021
2020
£
£

Amounts falling due within one year

Bank loans
10,000
5,208

Amounts falling due 1-2 years

Bank loans
10,000
12,500

Amounts falling due 2-5 years

Bank loans
26,667
32,292


46,667
50,000


The bank loan is an unsecured Coronavirus Bounce Back loan.


10.


Pension commitments

The company operates a defined contribution pension scheme.  Total contributions paid by the company during the year were £844 (2020 - £783).  Contributions of £11 (2020 - £11) were outstanding at the balance sheet date.

 
Page 9