Company Registration No. 11056265 (England and Wales)
OAD STREET FOOD AND CRAFTS LIMITED
Unaudited accounts
for the year ended 28 February 2023
OAD STREET FOOD AND CRAFTS LIMITED
Unaudited accounts
Contents
OAD STREET FOOD AND CRAFTS LIMITED
Company Information
for the year ended 28 February 2023
Directors
Rebecca Kingsnorth
Michael John Woodcock
Company Number
11056265 (England and Wales)
Registered Office
OAD STREET FOOD AND CRAFTS LIMITED OAD S
BORDEN
SITTINGBOURNE
ME9 8LB
ENGLAND
Accountants
Williams Stanley and Co
OAD STREET FOOD AND CRAFTS LIMITED
Statement of financial position
as at 28 February 2023
Intangible assets
5,250
5,900
Tangible assets
274,586
252,025
Cash at bank and in hand
(7,804)
(17,181)
Creditors: amounts falling due within one year
(121,466)
(90,961)
Net current liabilities
(72,742)
(75,409)
Total assets less current liabilities
207,094
182,516
Creditors: amounts falling due after more than one year
(111,867)
(86,667)
Called up share capital
1
1
Profit and loss account
95,226
95,848
Shareholders' funds
95,227
95,849
For the year ending 28 February 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 14 November 2023 and were signed on its behalf by
Michael John Woodcock
Director
Company Registration No. 11056265
OAD STREET FOOD AND CRAFTS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
OAD STREET FOOD AND CRAFTS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11056265. The registered office is OAD STREET FOOD AND CRAFTS LIMITED OAD S, BORDEN, SITTINGBOURNE, ME9 8LB, ENGLAND.
2
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
OAD STREET FOOD AND CRAFTS LIMITED
Notes to the Accounts
for the year ended 28 February 2023
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2022
156,588
116,205
22,610
295,403
Additions
49,038
8,300
994
58,332
At 28 February 2023
205,626
124,505
23,604
353,735
At 1 March 2022
2,747
36,927
3,704
43,378
Charge for the year
9,699
18,306
7,766
35,771
At 28 February 2023
12,446
55,233
11,470
79,149
At 28 February 2023
193,180
69,272
12,134
274,586
At 28 February 2022
153,841
79,278
18,906
252,025
Amounts falling due within one year
Accrued income and prepayments
7,384
6,016
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
34,457
37,533
Taxes and social security
(64,883)
(47,630)
Other creditors
82,584
16,269
Loans from directors
23,575
49,948
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
111,867
86,667
9
Average number of employees
During the year the average number of employees was 30 (2022: 30).