Caseware UK (AP4) 2022.0.179 2022.0.179 2023-03-312023-03-312022-04-01falseConvenience store1212truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 04654647 2022-04-01 2023-03-31 04654647 2021-04-01 2022-03-31 04654647 2023-03-31 04654647 2022-03-31 04654647 c:Director1 2022-04-01 2023-03-31 04654647 d:Buildings 2023-03-31 04654647 d:Buildings 2022-03-31 04654647 d:Buildings d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04654647 d:Buildings d:LongLeaseholdAssets 2022-04-01 2023-03-31 04654647 d:PlantMachinery 2022-04-01 2023-03-31 04654647 d:FurnitureFittings 2022-04-01 2023-03-31 04654647 d:OtherPropertyPlantEquipment 2023-03-31 04654647 d:OtherPropertyPlantEquipment 2022-03-31 04654647 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04654647 d:OwnedOrFreeholdAssets 2022-04-01 2023-03-31 04654647 d:Goodwill 2023-03-31 04654647 d:Goodwill 2022-03-31 04654647 d:CurrentFinancialInstruments 2023-03-31 04654647 d:CurrentFinancialInstruments 2022-03-31 04654647 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 04654647 d:CurrentFinancialInstruments d:WithinOneYear 2022-03-31 04654647 d:ShareCapital 2023-03-31 04654647 d:ShareCapital 2022-03-31 04654647 d:RetainedEarningsAccumulatedLosses 2023-03-31 04654647 d:RetainedEarningsAccumulatedLosses 2022-03-31 04654647 c:FRS102 2022-04-01 2023-03-31 04654647 c:AuditExempt-NoAccountantsReport 2022-04-01 2023-03-31 04654647 c:FullAccounts 2022-04-01 2023-03-31 04654647 c:PrivateLimitedCompanyLtd 2022-04-01 2023-03-31 iso4217:GBP xbrli:pure

Registered number: 04654647










COSTCUTTER (ESTON) LIMITED








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2023

 
COSTCUTTER (ESTON) LIMITED
REGISTERED NUMBER: 04654647

BALANCE SHEET
AS AT 31 MARCH 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
43,436
51,362

  
43,436
51,362

Current assets
  

Stocks
  
83,606
80,094

Debtors: amounts falling due within one year
 6 
5,706
4,991

Cash at bank and in hand
 7 
127,617
103,647

  
216,929
188,732

Creditors: amounts falling due within one year
 8 
(98,179)
(101,464)

Net current assets
  
 
 
118,750
 
 
87,268

Total assets less current liabilities
  
162,186
138,630

Provisions for liabilities
  

Deferred tax
  
(10,365)
(9,614)

  
 
 
(10,365)
 
 
(9,614)

Net assets
  
151,821
129,016


Capital and reserves
  

Called up share capital 
  
2
2

Profit and loss account
  
151,819
129,014

  
151,821
129,016


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 year 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.

Page 1

 
COSTCUTTER (ESTON) LIMITED
REGISTERED NUMBER: 04654647
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2023

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 by: 




Mr M Brown
Director

Date: 22 November 2023

The notes on pages 3 to 7 form part of these financial statements.

Page 2

 
COSTCUTTER (ESTON) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

1.


General information

The company is a private company, limited by shares, incorporated in England and Wales and its registered office is:-
14 Fabian Court
Eston
Middlesbrough
TS6 9RX

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

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

 
COSTCUTTER (ESTON) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

2.Accounting policies (continued)

 
2.4

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.

Land is not depreciated. Depreciation on other assets is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Freehold property
-
not depreciated
Plant & machinery
-
over 4 years straight line
Fixtures & fittings
-
over 10 years straight line

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.

 
2.5

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the year was 12 (2022 - 12).

Page 4

 
COSTCUTTER (ESTON) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

4.


Intangible assets




Goodwill

£



Cost


At 1 April 2022
80,000



At 31 March 2023

80,000



Amortisation


At 1 April 2022
80,000



At 31 March 2023

80,000



Net book value



At 31 March 2023
-



At 31 March 2022
-



Page 5

 
COSTCUTTER (ESTON) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

5.


Tangible fixed assets





Freehold property
Other fixed assets
Total

£
£
£



Cost


At 1 April 2022
1
203,346
203,347



At 31 March 2023

1
203,346
203,347



Depreciation


At 1 April 2022
-
151,985
151,985


Charge for the year on owned assets
-
7,926
7,926



At 31 March 2023

-
159,911
159,911



Net book value



At 31 March 2023
1
43,435
43,436



At 31 March 2022
1
51,361
51,362


6.


Debtors

2023
2022
£
£


Trade debtors
1,056
1,224

Other debtors
564
-

Prepayments and accrued income
4,086
3,767

5,706
4,991



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
127,617
103,648

127,617
103,648


Page 6

 
COSTCUTTER (ESTON) LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2023

8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Trade creditors
47,175
57,762

Corporation tax
17,961
19,165

Other taxation and social security
9,220
8,485

Other creditors
13,752
14,802

Accruals and deferred income
10,071
1,250

98,179
101,464



9.


Related party transactions

During the year the company purchased goods from a company under common control totalling £58,068.  This is a company in which the directors have an interest.  At the balance sheet date £3,226 (2022: £nil) was outstanding in trade creditors.
During the year the company provided a loan to the directors of £565, this was repaid within 9 months of the year end and the maximum outstanding in the year was £565.

 
Page 7