Company Registration No. 11616674 (England and Wales)
The Horsell Kitchen Limited
Unaudited accounts
for the year ended 31 October 2023
The Horsell Kitchen Limited
Unaudited accounts
Contents
The Horsell Kitchen Limited
Company Information
for the year ended 31 October 2023
Directors
Mr J G Hodgson
Mrs J K Hodgson
Company Number
11616674 (England and Wales)
Registered Office
8 Ormonde Road
Woking
Surrey
GU21 4RZ
Accountants
Ruffett Accountancy Limited
Hillside Lodge
Ridgeway
Woking
Surrey
GU21 4QP
Chartered Certified Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of
The Horsell Kitchen Limited
for the year ended 31 October 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
The Horsell Kitchen Limited for the year ended
31 October 2023 as set out on pages
5 -
8 from the Company's accounting records and from information and explanations you have given us.
As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at https://www.accaglobal.com/uk/en/about-us/regulation/rulebook.html
This report is made solely to the Board of Directors of The Horsell Kitchen Limited, as a body, in accordance with the terms of our engagement letter dated 23 January 2020. Our work has been undertaken solely to prepare for your approval the accounts of The Horsell Kitchen Limited and state those matters that we have agreed to state to the Board of Directors of The Horsell Kitchen Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/technical-factsheet-163.pdf. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Horsell Kitchen Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that The Horsell Kitchen Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and loss of The Horsell Kitchen Limited. You consider that The Horsell Kitchen Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of The Horsell Kitchen Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Ruffett Accountancy Limited
Chartered Certified Accountants
Hillside Lodge
Ridgeway
Woking
Surrey
GU21 4QP
5 December 2023
The Horsell Kitchen Limited
Statement of financial position
as at 31 October 2023
Intangible assets
8,017
9,317
Tangible assets
2,194
4,661
Cash at bank and in hand
10,316
4,696
Creditors: amounts falling due within one year
(27,557)
(26,814)
Net current liabilities
(1,926)
(5,277)
Total assets less current liabilities
8,285
8,701
Creditors: amounts falling due after more than one year
(20,718)
(7,750)
Provisions for liabilities
Net (liabilities)/assets
(12,850)
66
Called up share capital
100
100
Profit and loss account
(12,950)
(34)
Shareholders' funds
(12,850)
66
For the year ending 31 October 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 5 December 2023 and were signed on its behalf by
Mrs J K Hodgson
Director
Company Registration No. 11616674
The Horsell Kitchen Limited
Notes to the Accounts
for the year ended 31 October 2023
The Horsell Kitchen Limited is a private company, limited by shares, registered in England and Wales, registration number 11616674. The registered office is 8 Ormonde Road, Woking, Surrey, GU21 4RZ.
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.
Basic financial instruments are recognised at amortised cost, except for investments in non-convertible preference and non-puttable ordinary shares which are measured at fair value, with changes recognised in profit or loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value with changes recognised in profit or loss.
Turnover represents sales of food, drink and catering services, exclusive of VAT.
Intangible fixed assets (including purchased lease premium) are included at cost less accumulated amortisation.
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:
Plant & machinery
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The Horsell Kitchen Limited
Notes to the Accounts
for the year ended 31 October 2023
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
The Horsell Kitchen Limited
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Other debtors
8,553
10,130
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
9,267
3,000
Trade creditors
3,919
2,306
Taxes and social security
3,995
10,963
8
Creditors: amounts falling due after more than one year
2023
2022
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
10
Average number of employees
During the year the average number of employees was 6 (2022: 6).