Company Registration No. 13406922 (England and Wales)
Piptree Catering Limited
Unaudited accounts
for the year ended 31 May 2023
Piptree Catering Limited
Unaudited accounts
Contents
Piptree Catering Limited
Company Information
for the year ended 31 May 2023
Directors
Richard Perry
Alice Perry
Company Number
13406922 (England and Wales)
Registered Office
40 Upper Richmond Road
London
SW15 2RX
Accountants
OD Accountants Ltd
7a Ezra Street
London
E2 7RH
Piptree Catering Limited
Statement of financial position
as at 31 May 2023
Cash at bank and in hand
13,956
19,049
Creditors: amounts falling due within one year
(175,721)
(113,351)
Net current liabilities
(117,717)
(9,514)
Net liabilities
(25,595)
(9,514)
Called up share capital
100
100
Profit and loss account
(25,695)
(9,614)
Shareholders' funds
(25,595)
(9,514)
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 5 November 2023 and were signed on its behalf by
Alice Perry
Director
Company Registration No. 13406922
Piptree Catering Limited
Notes to the Accounts
for the year ended 31 May 2023
Piptree Catering Limited is a private company, limited by shares, registered in England and Wales, registration number 13406922. The registered office is 40 Upper Richmond Road, London, SW15 2RX.
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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.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
Additions
7,691
88,702
96,393
At 31 May 2023
7,691
88,702
96,393
Charge for the year
595
3,676
4,271
At 31 May 2023
595
3,676
4,271
At 31 May 2023
7,096
85,026
92,122
Piptree Catering Limited
Notes to the Accounts
for the year ended 31 May 2023
Amounts falling due within one year
Trade debtors
34,894
56,485
Accrued income and prepayments
9,154
1,500
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
-
19,115
Taxes and social security
(90)
790
Other creditors
17,021
797
Loans from directors
91,141
-
Deferred income
49,659
80,902
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Average number of employees
During the year the average number of employees was 9 (2022: 9).