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REGISTERED NUMBER: 06067164 (England and Wales)












Unaudited Financial Statements

for the Year Ended 28 February 2023

for

Saphire Catering Ltd
T/A
The Dolphin Fish Bar

Saphire Catering Ltd (Registered number: 06067164)
T/A The Dolphin Fish Bar






Contents of the Financial Statements
for the Year Ended 28 February 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Saphire Catering Ltd
T/A The Dolphin Fish Bar

Company Information
for the Year Ended 28 February 2023







DIRECTORS: Z Andreou
Mrs E Andreou





SECRETARY: Miss E Andreou





REGISTERED OFFICE: 1225 Warwick Road
Acocks Green
Birmingham
West Midlands
B27 6PX





REGISTERED NUMBER: 06067164 (England and Wales)






Saphire Catering Ltd (Registered number: 06067164)
T/A The Dolphin Fish Bar

Balance Sheet
28 February 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 19,665 20,780

CURRENT ASSETS
Stocks 2,850 2,652
Cash at bank and in hand 5 9,458 50,554
12,308 53,206
CREDITORS
Amounts falling due within one year 6 66,066 71,648
NET CURRENT LIABILITIES (53,758 ) (18,442 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(34,093

)

2,338

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (34,193 ) 2,238
SHAREHOLDERS' FUNDS (34,093 ) 2,338

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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 29 November 2023 and were signed on its behalf by:




Z Andreou - Director


Saphire Catering Ltd (Registered number: 06067164)
T/A The Dolphin Fish Bar

Notes to the Financial Statements
for the Year Ended 28 February 2023

1. STATUTORY INFORMATION

Saphire Catering Ltd 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.

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.

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.
Plant and machinery etc - 10% on reducing balance

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 year 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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 year 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.

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 year was 6 (2022 - 6 ) .

Saphire Catering Ltd (Registered number: 06067164)
T/A The Dolphin Fish Bar

Notes to the Financial Statements - continued
for the Year Ended 28 February 2023

4. TANGIBLE FIXED ASSETS
Fixtures
and
fittings
£   
COST
At 1 March 2022 65,905
Additions 1,070
At 28 February 2023 66,975
DEPRECIATION
At 1 March 2022 45,125
Charge for year 2,185
At 28 February 2023 47,310
NET BOOK VALUE
At 28 February 2023 19,665
At 28 February 2022 20,780

5. CASH AT BANK AND IN HAND
2023 2022
£    £   
Bank account no. 1 8,423 48,390
Cash in hand 1,035 2,164
9,458 50,554

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade creditors 991 -
Tax 1,706 1,902
Social security and other taxes 1,691 1,352
VAT 27,398 11,020
Family Loan - P Andreou 21,463 21,463
Bounce Back Loan - 25,604
Directors' current accounts 9,832 7,620
Accrued expenses 2,985 2,687
66,066 71,648

Saphire Catering Ltd
T/A The Dolphin Fish Bar

Report of the Accountants to the Directors of
Saphire Catering Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 28 February 2023 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.








Date: .............................................