Camberwick Consulting Limited 03906968 false 2022-01-01 2022-12-31 2022-12-31 The principal activity of the company is retailing of Moroccan gifts and Eastern goods Digita Accounts Production Advanced 6.30.9574.0 true 03906968 2022-01-01 2022-12-31 03906968 2022-12-31 03906968 bus:Director1 1 2022-12-31 03906968 bus:Director2 1 2022-12-31 03906968 bus:Director3 1 2022-12-31 03906968 bus:OrdinaryShareClass1 2022-12-31 03906968 bus:Revised 2022-12-31 03906968 core:CurrentFinancialInstruments 2022-12-31 03906968 core:CurrentFinancialInstruments core:WithinOneYear 2022-12-31 03906968 core:Non-currentFinancialInstruments 2022-12-31 03906968 core:Non-currentFinancialInstruments core:AfterOneYear 2022-12-31 03906968 core:Goodwill 2022-12-31 03906968 bus:SmallEntities 2022-01-01 2022-12-31 03906968 bus:AuditExemptWithAccountantsReport 2022-01-01 2022-12-31 03906968 bus:FullAccounts 2022-01-01 2022-12-31 03906968 bus:SmallCompaniesRegimeForAccounts 2022-01-01 2022-12-31 03906968 bus:RegisteredOffice 2022-01-01 2022-12-31 03906968 bus:Director1 2022-01-01 2022-12-31 03906968 bus:Director1 1 2022-01-01 2022-12-31 03906968 bus:Director2 2022-01-01 2022-12-31 03906968 bus:Director2 1 2022-01-01 2022-12-31 03906968 bus:Director3 2022-01-01 2022-12-31 03906968 bus:Director3 1 2022-01-01 2022-12-31 03906968 bus:OrdinaryShareClass1 2022-01-01 2022-12-31 03906968 bus:PrivateLimitedCompanyLtd 2022-01-01 2022-12-31 03906968 core:Goodwill 2022-01-01 2022-12-31 03906968 core:FurnitureFittings 2022-01-01 2022-12-31 03906968 countries:AllCountries 2022-01-01 2022-12-31 03906968 2021-12-31 03906968 bus:Director1 1 2021-12-31 03906968 bus:Director2 1 2021-12-31 03906968 bus:Director3 1 2021-12-31 03906968 core:Goodwill 2021-12-31 03906968 2021-01-01 2021-12-31 03906968 2021-12-31 03906968 bus:Director1 1 2021-12-31 03906968 bus:Director2 1 2021-12-31 03906968 bus:OrdinaryShareClass1 2021-12-31 03906968 core:CurrentFinancialInstruments 2021-12-31 03906968 core:CurrentFinancialInstruments core:WithinOneYear 2021-12-31 03906968 core:Non-currentFinancialInstruments 2021-12-31 03906968 core:Non-currentFinancialInstruments core:AfterOneYear 2021-12-31 03906968 bus:Director1 1 2021-01-01 2021-12-31 03906968 bus:Director2 1 2021-01-01 2021-12-31 03906968 bus:Director1 1 2020-12-31 03906968 bus:Director2 1 2020-12-31 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 03906968

Camberwick Consulting Limited

trading as Nibbles & Nosh

Annual Report and Unaudited Financial Statements

for the Year Ended 31 December 2022

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 9

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Company Information

Director

Mr Neil Edward O'Brien

Registered office

71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ

Accountants

Accentis
Parallel House
32 London Road
Guildford
GU1 2AB

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

(Registration number: 03906968)
Balance Sheet as at 31 December 2022

Note

2022
£

2021
£

Current assets

 

Debtors

6

15,891

2,564

Cash at bank and in hand

 

12,426

24,453

 

28,317

27,017

Creditors: Amounts falling due within one year

7

(347,175)

(355,495)

Total assets less current liabilities

 

(318,858)

(328,478)

Creditors: Amounts falling due after more than one year

7

(18,039)

(19,782)

Net liabilities

 

(336,897)

(348,260)

Capital and reserves

 

Called up share capital

8

6,500

6,500

Share premium reserve

58,500

58,500

Retained earnings

(401,897)

(413,260)

Shareholders' deficit

 

(336,897)

(348,260)

For the financial year ending 31 December 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

Approved and authorised by the director on 25 October 2023
 

.........................................
Mr Neil Edward O'Brien
Director

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

1

General information

The company is a private company limited by share capital, incorporated in England and wales.

The address of its registered office is:
71-75 Shelton Street
Covent Garden
London
Greater London
WC2H 9JQ
United Kingdom

These financial statements were authorised for issue by the director on 25 October 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

Asset class

Depreciation method and rate

Fixtures and fittings

50% per annum

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class

Amortisation method and rate

Goodwill

straightline over 5 years

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2021 - 2).

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

4

Intangible assets

Goodwill
 £

Total
£

Cost or valuation

At 1 January 2022

7,515

7,515

At 31 December 2022

7,515

7,515

Amortisation

At 1 January 2022

7,515

7,515

At 31 December 2022

7,515

7,515

Carrying amount

At 31 December 2022

-

-

5

Tangible assets

Cost or valuation

Depreciation

Carrying amount

At 31 December 2022

Included within the net book value of land and buildings above is £Nil (2021 - £Nil) in respect of freehold land and buildings.
 

6

Debtors

Current

2022
£

2021
£

Trade debtors

11,616

1,160

Prepayments

-

28

Other debtors

4,275

1,376

 

15,891

2,564

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

7

Creditors

Creditors: amounts falling due within one year

Note

2022
£

2021
£

Due within one year

 

Loans and borrowings

9

179

26,755

Trade creditors

 

1,112

14,725

Taxation and social security

 

-

68

Other creditors

 

345,884

313,947

 

347,175

355,495

8

Share capital

Allotted, called up and fully paid shares

 

2022

2021

 

No.

£

No.

£

Ordinary shares of £1 each

6,500

6,500

6,500

6,500

         

9

Loans and borrowings

2022
£

2021
£

Non-current loans and borrowings

Bank borrowings

18,039

19,782

2022
£

2021
£

Current loans and borrowings

Bank overdrafts

179

26,755

10

Related party transactions

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

Transactions with the director

2022

At 1 January 2022
£

Advances to director
£

Repayments by director
£

At 31 December 2022
£

Ms Julie Suzanne Sainsbury

Loan

(271,028)

-

271,028

-

         
       

Mr William Michael Sainsbury

Loan

(42,740)

-

42,740

-

         
       

Mr Neil Edward O'Brien

Loan

-

(345,834)

-

(345,834)

         
       

 

2021

At 1 January 2021
£

Advances to director
£

At 31 December 2021
£

Ms Julie Suzanne Sainsbury

Loan

(251,928)

(19,100)

(271,028)

       
     

Mr William Michael Sainsbury

Loan

(34,066)

(8,674)

(42,740)

       
     

 

 

Camberwick Consulting Limited

trading as Nibbles & Nosh

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2022

Director's remuneration

The director's remuneration for the year was as follows:

2022
£

2021
£

Remuneration

-

17,666