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REGISTERED NUMBER: 07098720 (England and Wales)















Financial Statements for the Year Ended 31 March 2023

for

Lunchbox (Kent) Ltd

Lunchbox (Kent) Ltd (Registered number: 07098720)






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


Lunchbox (Kent) Ltd

Company Information
for the Year Ended 31 March 2023







DIRECTORS: D J Barfoot
Mrs V J Barfoot





REGISTERED OFFICE: Dane John Works
Gordon Road
Canterbury
Kent
CT1 3PP





REGISTERED NUMBER: 07098720 (England and Wales)





ACCOUNTANTS: A.K & Co (Accountancy Services) Ltd
19 Victoria Terrace
Hove
East Sussex
BN3 2WB

Lunchbox (Kent) Ltd (Registered number: 07098720)

Balance Sheet
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 4,064 5,387
4,064 5,387

CURRENT ASSETS
Stocks 250 250
Debtors 6 1,350 3,025
Cash at bank and in hand 441 4,746
2,041 8,021
CREDITORS
Amounts falling due within one year 7 15,881 9,061
NET CURRENT LIABILITIES (13,840 ) (1,040 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(9,776

)

4,347

CREDITORS
Amounts falling due after more than one
year

8

(11,218

)

(18,752

)

PROVISIONS FOR LIABILITIES (772 ) (1,024 )
NET LIABILITIES (21,766 ) (15,429 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (21,768 ) (15,431 )
SHAREHOLDERS' FUNDS (21,766 ) (15,429 )

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.

Lunchbox (Kent) Ltd (Registered number: 07098720)

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 October 2023 and were signed on its behalf by:





D J Barfoot - Director


Lunchbox (Kent) Ltd (Registered number: 07098720)

Notes to the Financial Statements
for the Year Ended 31 March 2023

1. STATUTORY INFORMATION

Lunchbox (Kent) Ltd 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 "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. The financial statements have been prepared under the historical cost convention.

Going concern

The company's day to day working capital is met through loan accounts with the directors. The directors have given their undertaking not to draw down on the loans to the detriment of the company and they therefore consider it appropriate to prepare the financial statements on a going concern basis.

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 2010, is being amortised evenly over its estimated useful life of ten 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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - 10% on cost
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 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 Statement of Income and Retained Earnings, 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.


Lunchbox (Kent) Ltd (Registered number: 07098720)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

2. ACCOUNTING POLICIES - continued
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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2022
and 31 March 2023 25,000
AMORTISATION
At 1 April 2022
and 31 March 2023 25,000
NET BOOK VALUE
At 31 March 2023 -
At 31 March 2022 -

5. TANGIBLE FIXED ASSETS
Fixtures
Short and Motor Computer
leasehold fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022
and 31 March 2023 18,500 1,580 15,276 2,447 37,803
DEPRECIATION
At 1 April 2022 18,500 1,336 10,443 2,137 32,416
Charge for year - 37 1,208 78 1,323
At 31 March 2023 18,500 1,373 11,651 2,215 33,739
NET BOOK VALUE
At 31 March 2023 - 207 3,625 232 4,064
At 31 March 2022 - 244 4,833 310 5,387

Lunchbox (Kent) Ltd (Registered number: 07098720)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Directors' current accounts - 2,731
Tax 1,095 -
VAT 255 294
1,350 3,025

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 4,973 4,853
Hire purchase contracts 2,558 2,558
Trade creditors - 58
Tax - 1,095
Social security and other taxes (96 ) (216 )
Other creditors 553 713
Directors' current accounts 7,893 -
15,881 9,061

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans - 2-5 years 11,218 16,194
Hire purchase contracts - 2,558
11,218 18,752

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

2023 2022
£    £   
D J Barfoot and Mrs V J Barfoot
Balance outstanding at start of year 2,731 8,412
Amounts advanced 10,464 23,724
Amounts repaid (21,089 ) (29,405 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (7,894 ) 2,731