Company Registration No. 03432638 (England and Wales)
Windmill Kitchens Limited
Unaudited accounts
for the year ended 31 January 2023
Windmill Kitchens Limited
Unaudited accounts
Contents
Windmill Kitchens Limited
Company Information
for the year ended 31 January 2023
Company Number
03432638 (England and Wales)
Registered Office
UNIT 4 SOVEREIGN BUSINESS PARK
ALBERT DRIVE
BURGESS HILL
WEST SUSSEX
RH15 9TY
Windmill Kitchens Limited
Statement of financial position
as at 31 January 2023
Tangible assets
306,285
323,549
Cash at bank and in hand
1,171,131
1,235,026
Creditors: amounts falling due within one year
(239,895)
(230,229)
Net current assets
1,861,104
1,547,903
Total assets less current liabilities
2,217,552
1,909,772
Provisions for liabilities
Deferred tax
(4,957)
(7,999)
Net assets
2,212,595
1,901,773
Called up share capital
100
100
Profit and loss account
2,212,495
1,901,673
Shareholders' funds
2,212,595
1,901,773
For the year ending 31 January 2023 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.
The financial statements were approved by the Board and authorised for issue on 16 October 2023 and were signed on its behalf by
Stephen Beckett
Director
Company Registration No. 03432638
Windmill Kitchens Limited
Notes to the Accounts
for the year ended 31 January 2023
Windmill Kitchens Limited is a private company, limited by shares, registered in England and Wales, registration number 03432638. The registered office is UNIT 4 SOVEREIGN BUSINESS PARK, ALBERT DRIVE, BURGESS HILL, WEST SUSSEX, RH15 9TY.
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.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
2% Straight Line
Plant & machinery
25% Reducing Balance
Motor vehicles
25% Reducing Balance
Computer equipment
25% Reducing Balance
Stocks and work-in-progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost includes all direct expenditure and an appropriate proportion of fixed and variable overheads.
Contributions in respect of the company's defined contribution pension scheme are charged to the profit and loss account for the year in which they are payable to the scheme.
At the time of signing the accounts the board of directors feel that there has been no long term impact on the business caused by COVID 19 restrictions and there is no material uncertainty that casts any doubt on the entity's ability to continue as a going
concern.
Windmill Kitchens Limited
Notes to the Accounts
for the year ended 31 January 2023
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 February 2022
372,627
157,346
46,571
3,297
579,841
Additions
-
9,608
-
1,306
10,914
At 31 January 2023
372,627
166,954
46,571
4,603
590,755
At 1 February 2022
79,409
137,654
38,361
868
256,292
Charge for the year
5,647
19,643
2,053
835
28,178
At 31 January 2023
85,056
157,297
40,414
1,703
284,470
At 31 January 2023
287,571
9,657
6,157
2,900
306,285
At 31 January 2022
293,218
19,692
8,210
2,429
323,549
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Investments
Other investments
Valuation at 1 February 2022
38,320
Fair value adjustments
11,843
Valuation at 31 January 2023
50,163
Amounts falling due within one year
Trade debtors
208,268
454,018
Accrued income and prepayments
8,440
8,440
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
58,567
123,571
Taxes and social security
102,904
96,623
Loans from directors
22,029
6,461
8
Average number of employees
During the year the average number of employees was 15 (2022: 17).