Caseware UK (AP4) 2022.0.179 2022.0.179 2023-06-302023-06-302022-07-01falseNo description of principal activity1717truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 05258852 2022-07-01 2023-06-30 05258852 2021-07-01 2022-06-30 05258852 2023-06-30 05258852 2022-06-30 05258852 c:Director1 2022-07-01 2023-06-30 05258852 d:Buildings d:LongLeaseholdAssets 2022-07-01 2023-06-30 05258852 d:Buildings d:LongLeaseholdAssets 2023-06-30 05258852 d:Buildings d:LongLeaseholdAssets 2022-06-30 05258852 d:PlantMachinery 2022-07-01 2023-06-30 05258852 d:PlantMachinery 2023-06-30 05258852 d:PlantMachinery 2022-06-30 05258852 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 05258852 d:OfficeEquipment 2022-07-01 2023-06-30 05258852 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 05258852 d:Goodwill 2023-06-30 05258852 d:Goodwill 2022-06-30 05258852 d:CurrentFinancialInstruments 2023-06-30 05258852 d:CurrentFinancialInstruments 2022-06-30 05258852 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 05258852 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 05258852 d:ShareCapital 2023-06-30 05258852 d:ShareCapital 2022-06-30 05258852 d:RetainedEarningsAccumulatedLosses 2023-06-30 05258852 d:RetainedEarningsAccumulatedLosses 2022-06-30 05258852 c:FRS102 2022-07-01 2023-06-30 05258852 c:AuditExempt-NoAccountantsReport 2022-07-01 2023-06-30 05258852 c:FullAccounts 2022-07-01 2023-06-30 05258852 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 05258852 d:WithinOneYear 2023-06-30 05258852 d:WithinOneYear 2022-06-30 05258852 d:BetweenOneFiveYears 2023-06-30 05258852 d:BetweenOneFiveYears 2022-06-30 05258852 d:MoreThanFiveYears 2023-06-30 05258852 d:MoreThanFiveYears 2022-06-30 05258852 2 2022-07-01 2023-06-30 05258852 d:AcceleratedTaxDepreciationDeferredTax 2023-06-30 05258852 d:AcceleratedTaxDepreciationDeferredTax 2022-06-30 iso4217:GBP xbrli:pure

Registered number: 05258852









FOOD FOR THOUGHT (KEW) LIMITED







UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE PERIOD ENDED 30 JUNE 2023

 
FOOD FOR THOUGHT (KEW) LIMITED
REGISTERED NUMBER: 05258852

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
46,719
66,218

  
46,719
66,218

Current assets
  

Stocks
  
52,890
54,984

Debtors: amounts falling due within one year
 6 
12,738
15,582

Cash at bank and in hand
 7 
15,464
27,316

  
81,092
97,882

Creditors: amounts falling due within one year
 8 
(247,319)
(197,292)

Net current liabilities
  
 
 
(166,227)
 
 
(99,410)

Total assets less current liabilities
  
(119,508)
(33,192)

Provisions for liabilities
  

Deferred tax
 9 
(12,581)
(12,581)

  
 
 
(12,581)
 
 
(12,581)

Net liabilities
  
(132,089)
(45,773)


Capital and reserves
  

Called up share capital 
  
1,000
1,000

Profit and loss account
  
(133,089)
(46,773)

  
(132,089)
(45,773)


Page 1

 
FOOD FOR THOUGHT (KEW) LIMITED
REGISTERED NUMBER: 05258852
    
BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 15 November 2023.




A Martin
Director

The notes on pages 3 to 10 form part of these financial statements.

Page 2

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

1.


General information

Food For Thought (Kew) Limited is a company incorporated in the United Kingdom under the Companies Act. The company is a private company limited by shares and is registered in England and Wales. The company's registered number is 05258852. The address of the registered office is 1 The Green, Richmond, England, TW9 1PL.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

 
2.3

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.4

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

Page 3

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.5

Current and deferred taxation

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

 
2.6

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Plant and machinery
-
assets are depeciated using the following basis:
25% reducing balance basis
over 9 years on straight line basis
over 5 years on straight line basis
Office equipment
-
assets are depreciated using the following basis:
33% straight line basis
20% straight line basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.12

Provisions for liabilities

Provisions are made where an event has taken place that gives the Company a legal or constructive obligation that probably requires settlement by a transfer of economic benefit, and a reliable estimate can be made of the amount of the obligation.
Provisions are charged as an expense to profit or loss in the year that the Company becomes aware of the obligation, and are measured at the best estimate at the balance sheet date of the expenditure required to settle the obligation, taking into account relevant risks and uncertainties.
When payments are eventually made, they are charged to the provision carried in the Balance sheet.


3.


Employees

The average monthly number of employees, including directors, during the period was 17 (2022 - 17).

Page 6

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 July 2022
115,000



At 30 June 2023

115,000



Amortisation


At 1 July 2022
115,000



At 30 June 2023

115,000



Net book value



At 30 June 2023
-



At 30 June 2022
-



Page 7

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

5.


Tangible fixed assets





Long-term leasehold property
Plant and machinery
Total

£
£
£



Cost or valuation


At 1 July 2022
150,000
204,229
354,229



At 30 June 2023

150,000
204,229
354,229



Depreciation


At 1 July 2022
150,000
138,011
288,011


Charge for the period on owned assets
-
19,499
19,499



At 30 June 2023

150,000
157,510
307,510



Net book value



At 30 June 2023
-
46,719
46,719



At 30 June 2022
-
66,218
66,218

Page 8

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

6.


Debtors

2023
2022
£
£


Trade debtors
7,601
4,961

Amounts owed by group undertakings
1,295
-

Prepayments and accrued income
3,842
10,621

12,738
15,582



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
15,464
27,316

15,464
27,316



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
83,192
77,891

Amounts owed to group undertakings
142,867
100,576

Other taxation and social security
18,500
14,607

Other creditors
959
468

Accruals and deferred income
1,801
3,750

247,319
197,292


Page 9

 
FOOD FOR THOUGHT (KEW) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 30 JUNE 2023

9.


Deferred taxation




2023


£






At beginning of year
(12,581)


Charged to profit or loss
-



At end of year
(12,581)

The provision for deferred taxation is made up as follows:

2023
2022
£
£


Accelerated capital allowances
(12,581)
(12,581)

(12,581)
(12,581)


10.


Commitments under operating leases

At 30 June 2023 the Company had future minimum lease payments due under non-cancellable operating leases for each of the following periods:

2023
2022
£
£


Not later than 1 year
52,000
52,000

Later than 1 year and not later than 5 years
205,863
208,000

Later than 5 years
-
49,863

257,863
309,863


11.


Controlling party

The directors consider the ultimate parent undertaking to be FFT Holdings Limited, a company which is incorporated in the UK, registered in England and Wales. The registered office and principal place of business is 1 The Green, Richmond, England, TW9 1PL.

 
Page 10