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REGISTERED NUMBER: 02864589 (England and Wales)















JENKINSONS CATERERS (STAFFORD) LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2023






JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


JENKINSONS CATERERS (STAFFORD) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2023







DIRECTORS: N F Chaplin
J Brammeld





SECRETARY: J Brammeld





REGISTERED OFFICE: St Albans Road
Astonfields
Stafford
Staffordshire
ST16 3DR





REGISTERED NUMBER: 02864589 (England and Wales)

JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

BALANCE SHEET
31 MARCH 2023

2023 2022
Notes £    £   
FIXED ASSETS
Intangible assets 4 37,552 43,329
Tangible assets 5 112,852 95,739
150,404 139,068

CURRENT ASSETS
Stocks 115,993 90,083
Debtors 6 1,313,064 1,065,129
Cash at bank and in hand 3,358,833 2,786,743
4,787,890 3,941,955
CREDITORS
Amounts falling due within one year 7 (3,960,352 ) (3,398,947 )
NET CURRENT ASSETS 827,538 543,008
TOTAL ASSETS LESS CURRENT LIABILITIES 977,942 682,076

CREDITORS
Amounts falling due after more than one
year

8

(26,703

)

(45,606

)

PROVISIONS FOR LIABILITIES (27,070 ) (17,132 )
NET ASSETS 924,169 619,338

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 924,167 619,336
SHAREHOLDERS' FUNDS 924,169 619,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

BALANCE SHEET - continued
31 MARCH 2023


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2023 and were signed on its behalf by:





N F Chaplin - Director


JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023


1. STATUTORY INFORMATION

Jenkinsons Caterers (Stafford) 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 Financial Reporting Standard 102 Section 1A "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.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

Turnover
Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

Rendering of services
When the outcome of a transaction can be estimated reliably, turnover from catering is recognised by reference to the stage of completion at the balance sheet date. Stage of completion is measured by reference to function date.

Interest receivable
Interest income is recognised using the effective interest method and dividend income is recognised as the company's right to receive payment is established.

Intangible asset
Intangible assets acquired separately from a business are capitalised at cost. Intangible fixed assets are amortised over the length of the franchise agreements to which they relate.
Provision is made for any impairment.

Intangible fixed assets consist of costs incurred to maintain the catering rights for various venues across an agreed period of time as outlined below:

VenueCost (£)Number of years
Bingley Hall Improvements57,77210

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.
Motor vehicles - 25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


2. ACCOUNTING POLICIES - continued

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Employee benefits
When employees have rendered service to the company, short-term employee benefits to which the employees are entitled are recognised at the undiscounted amount expected to be paid in exchange for that service.

The company operates a defined contribution plan for the benefit of its employees. Contributions are expensed as they become payable.

Debtors and creditors receivable / payable within 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.

JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 306 (2022 - 197 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 1 April 2022
and 31 March 2023 57,772
AMORTISATION
At 1 April 2022 14,443
Charge for year 5,777
At 31 March 2023 20,220
NET BOOK VALUE
At 31 March 2023 37,552
At 31 March 2022 43,329

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2022 117,851
Additions 45,203
At 31 March 2023 163,054
DEPRECIATION
At 1 April 2022 22,112
Charge for year 28,090
At 31 March 2023 50,202
NET BOOK VALUE
At 31 March 2023 112,852
At 31 March 2022 95,739

JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


5. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 April 2022 117,851
Additions 45,203
At 31 March 2023 163,054
DEPRECIATION
At 1 April 2022 22,112
Charge for year 28,090
At 31 March 2023 50,202
NET BOOK VALUE
At 31 March 2023 112,852
At 31 March 2022 95,739

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 878,253 224,569
Amounts owed by group undertakings 123,974 264,780
Other debtors 106,707 259,495
Directors' current accounts 14,438 18,038
Tax 6,447 182,091
Prepayments and accrued income 183,245 116,156
1,313,064 1,065,129

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 55,979 41,123
Trade creditors 404,242 254,169
Tax 111,015 -
Social security and other taxes 82,850 61,242
VAT 386,297 174,839
Accruals and deferred income 2,919,969 2,867,574
3,960,352 3,398,947

JENKINSONS CATERERS (STAFFORD) LIMITED (REGISTERED NUMBER: 02864589)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2023


8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Hire purchase contracts 26,703 45,606

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
2 Ordinary £1 2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2023 and 31 March 2022:

2023 2022
£    £   
N F Chaplin
Balance outstanding at start of year 18,038 21,638
Amounts repaid (3,600 ) (3,600 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,438 18,038

The director's loan has been provided interest free and is repayable on demand.

11. FINANCIAL COMMITMENTS

Total financial commitments, guarantees and contingencies which are not included in the balance sheet amount to £3,600 (2022 - £6,480).