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REGISTERED NUMBER: 12638048 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2022

for

Cheshire Cupcakes Limited

Cheshire Cupcakes Limited (Registered number: 12638048)






Contents of the Financial Statements
for the Year Ended 30 June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Cheshire Cupcakes Limited

Company Information
for the Year Ended 30 June 2022







DIRECTOR: Miss R Bailey





REGISTERED OFFICE: C/O The Accounts Centre
Milton Green Farm
Whitchurch Road
Chester
CH3 9DS





REGISTERED NUMBER: 12638048 (England and Wales)





ACCOUNTANTS: The Accounts Centre
Milton Green Farm
Whitchurch Road
Milton Green
Chester
Cheshire
CH3 9DS

Cheshire Cupcakes Limited (Registered number: 12638048)

Balance Sheet
30 June 2022

30.6.22 30.6.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 39,204 37,063

CURRENT ASSETS
Stocks 11,629 2,822
Debtors 6 16,234 8,649
Cash at bank and in hand 23,217 67,578
51,080 79,049
CREDITORS
Amounts falling due within one year 7 4,669 30,640
NET CURRENT ASSETS 46,411 48,409
TOTAL ASSETS LESS CURRENT
LIABILITIES

85,615

85,472

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 85,614 85,471
SHAREHOLDERS' FUNDS 85,615 85,472

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 31 August 2022 and were signed by:





Miss R Bailey - Director


Cheshire Cupcakes Limited (Registered number: 12638048)

Notes to the Financial Statements
for the Year Ended 30 June 2022

1. STATUTORY INFORMATION

Cheshire Cupcakes 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. STATEMENT OF COMPLIANCE

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

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on reducing balance
Computer equipment - 33% on cost

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 Income Statement, 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2021 - 1 ) .

Cheshire Cupcakes Limited (Registered number: 12638048)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2022

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2021 38,762
Additions 10,986
At 30 June 2022 49,748
DEPRECIATION
At 1 July 2021 1,699
Charge for year 8,845
At 30 June 2022 10,544
NET BOOK VALUE
At 30 June 2022 39,204
At 30 June 2021 37,063

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Other debtors 16,234 8,649

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.22 30.6.21
£    £   
Trade creditors 98 19,735
Taxation and social security 4,091 10,345
Other creditors 480 560
4,669 30,640

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 June 2022 and the period ended 30 June 2021:

30.6.22 30.6.21
£    £   
Miss R Bailey
Balance outstanding at start of year (80 ) -
Amounts advanced 15,560 -
Amounts repaid - (80 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,480 (80 )

The amount outstanding of £15,480 was repaid within 2 months of the year end.