Carrs Chilled Foods Limited |
Registered Number:06798971 |
For the year ended 31 March 2023
England and Wales
Unaudited Financial Statements
For the year ended 31 March 2023
Carrs Chilled Foods Limited
Contents Page
1
Statement of Financial Position
2 to 5
Notes to the Financial Statements
Carrs Chilled Foods Limited
Statement of Financial Position
2022
2023
5,700
6,650
2
Property, plant and equipment |
59,733
55,464
3
65,433
62,114
69,500
89,000
4
Trade and other receivables |
177,214
233,188
5
279,071
Cash and cash equivalents |
292,557
614,745
525,785
Trade and other payables: amounts falling due within one |
year |
(502,099)
(566,766)
6
23,686
47,979
Net current assets
Total assets less current liabilities |
113,412
85,800
Trade and other payables: amounts falling due after more |
than one year |
-
(13,044)
7
(12,961)
(10,537)
Provisions for liabilities |
87,407
Net assets
75,263
10
10
87,397
75,253
87,407
75,263
Shareholders' funds
For the year ended 31 March 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 of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006 |
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
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For the year ended 31 March 2023
Carrs Chilled Foods Limited
Statement of Financial Position Continued
These financial statements were approved and authorised for issue by the Board on 16 October 2023 and were signed by: |
The notes form part of these financial statements |
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For the year ended 31 March 2023
Carrs Chilled Foods Limited
Notes to the Financial Statements
Statutory Information
Carrs Chilled Foods Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 06798971. |
Unit 1A The Anchor Business Park
New Road
Netherton
Dudley
DY2 9AP
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts. |
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of 20 years. |
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and machinery
Motor vehicles
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. |
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term. The finance element of the rental payment is charged to the profit and loss account on a straight line basis. |
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For the year ended 31 March 2023
Carrs Chilled Foods Limited
Notes to the Financial Statements Continued
2. Intangible fixed assets |
Goodwill
19,000
19,000
12,350
950
Charge for year
13,300
5,700
6,650
3. Property, plant and equipment |
Motor vehicles
192,444
143,290
49,154
33,395
32,500
895
(64,915)
-
(64,915)
50,049
110,875
160,924
Provision for depreciation and impairment |
136,980
102,731
34,249
Charge for year
17,804
15,434
2,370
(53,593)
(53,593)
-
101,191
64,572
36,619
13,430
46,303
59,733
14,905
40,559
55,464
2022
2023
89,000
69,500
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For the year ended 31 March 2023
Carrs Chilled Foods Limited
Notes to the Financial Statements Continued
5. Trade and other receivables |
2022
2023
212,383
160,931
Prepayments and accrued income |
17,360
13,926
Taxation and social security |
3,445
2,357
177,214
233,188
6. Trade and other payables: amounts falling due within one year |
2022
2023
4,432
16,546
360,726
334,621
Taxation and social security |
27,672
22,496
Accruals and deferred income |
16,641
13,836
148,599
114,600
Obligations under HP/Financial leases |
8,696
-
566,766
502,099
7. Trade and other payables: amounts falling due after more than one year |
2022
2023
-
13,044
Obligations under HP/Financial leases |
8. Guarantees and other financial commitments |
At 31 March 2023 the company had annual commitments under non-cancellable operating leases as set out below: |
2022
2023
Operating leases which expire: |
7,643
10,945
5,472
-
7,643
16,417
9. Average number of persons employed |
During the year the average number of employees was 12 (2022 : 12)
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