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REGISTERED NUMBER: 07737790 (England and Wales)























Unaudited Financial Statements

for the Period 1 December 2022 to 31 May 2023

for

Kuckoo Ops (Chester) Limited

Kuckoo Ops (Chester) Limited (Registered number: 07737790)

Contents of the Financial Statements
for the Period 1 December 2022 to 31 May 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Kuckoo Ops (Chester) Limited

Company Information
for the Period 1 December 2022 to 31 May 2023







DIRECTORS: Mr R A Powell
Mr R De Araujo
Mrs J Osborn





REGISTERED OFFICE: 16 - 17 Fox Street
Preston
Lancashire
PR1 2AB





REGISTERED NUMBER: 07737790 (England and Wales)





ACCOUNTANTS: McDade Roberts Accountants Limited
Chartered Accountants
316 Blackpool Road
Fulwood
Preston
Lancashire
PR2 3AE

Kuckoo Ops (Chester) Limited (Registered number: 07737790)

Statement of Financial Position
31 May 2023

31.5.23 30.11.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 126,721 134,718

CURRENT ASSETS
Stocks 14,028 21,683
Debtors 5 16,673 17,244
Cash at bank and in hand 11,330 13,629
42,031 52,556
CREDITORS
Amounts falling due within one year 6 128,384 140,251
NET CURRENT LIABILITIES (86,353 ) (87,695 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

40,368

47,023

CREDITORS
Amounts falling due after more than one
year

7

(6,650

)

(13,325

)

PROVISIONS FOR LIABILITIES (4,075 ) (4,211 )
NET ASSETS 29,643 29,487

CAPITAL AND RESERVES
Called up share capital 9 58 58
Share premium 29,275 29,275
Capital redemption reserve 64 64
Retained earnings 246 90
SHAREHOLDERS' FUNDS 29,643 29,487

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 May 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 May 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

Kuckoo Ops (Chester) Limited (Registered number: 07737790)

Statement of Financial Position - continued
31 May 2023


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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 21 November 2023 and were signed on its behalf by:





Mr R A Powell - Director


Kuckoo Ops (Chester) Limited (Registered number: 07737790)

Notes to the Financial Statements
for the Period 1 December 2022 to 31 May 2023


1. STATUTORY INFORMATION

Kuckoo Ops (Chester) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The principal place of business is 58 Watergate Street, Chester, CH1 2LA.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements
The financial statements contain information about Kuckoo Ops (Chester) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to property - 5% on cost and in accordance with the property lease
Bar equipment - 10% on cost
Fixtures and fittings - 10% on cost
Computer equipment - 33.33% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


Kuckoo Ops (Chester) Limited (Registered number: 07737790)

Notes to the Financial Statements - continued
for the Period 1 December 2022 to 31 May 2023


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 12 (2022 - 16 ) .

4. TANGIBLE FIXED ASSETS
Improvements Fixtures
to Bar and Computer
property equipment fittings equipment Totals
£    £    £    £    £   
COST
At 1 December 2022
and 31 May 2023 203,825 62,523 57,768 751 324,867
DEPRECIATION
At 1 December 2022 91,267 50,596 47,535 751 190,149
Charge for period 5,393 1,512 1,092 - 7,997
At 31 May 2023 96,660 52,108 48,627 751 198,146
NET BOOK VALUE
At 31 May 2023 107,165 10,415 9,141 - 126,721
At 30 November 2022 112,558 11,927 10,233 - 134,718

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 30.11.22
£    £   
Other debtors 16,673 17,244

Kuckoo Ops (Chester) Limited (Registered number: 07737790)

Notes to the Financial Statements - continued
for the Period 1 December 2022 to 31 May 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.5.23 30.11.22
£    £   
Trade creditors 13,230 28,853
Taxation and social security 55,867 75,020
Other creditors 59,287 36,378
128,384 140,251

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.5.23 30.11.22
£    £   
Other creditors 6,650 13,325

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.5.23 30.11.22
£    £   
Within one year 52,000 52,000
Between one and five years 208,000 208,000
In more than five years 251,333 277,333
511,333 537,333

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.5.23 30.11.22
value: £    £   
58 Ordinary £1 58 58

10. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the year end date the company had a loan outstanding of £12,650 to a director on arms length commercial terms. the interest charged for the year was £325.

11. ULTIMATE CONTROLLING PARTY

The controlling party is Kuckoo Brands Limited.

The ultimate controlling party is Kuckoo Holdings Limited.