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REGISTERED NUMBER: 11506080 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2023

FOR

COTSWOLD FOODSTORE AND CAFE LIMITED

COTSWOLD FOODSTORE AND CAFE LIMITED (REGISTERED NUMBER: 11506080)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2023










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


COTSWOLD FOODSTORE AND CAFE LIMITED

COMPANY INFORMATION
for the Year Ended 31 August 2023







DIRECTORS: Mrs J W Williams
B G Williams





REGISTERED OFFICE: Payton House
Packwood Court
Guild Street
STRATFORD-UPON-AVON
CV37 6RP





REGISTERED NUMBER: 11506080 (England and Wales)





ACCOUNTANTS: Bernard Rogers & Co
Payton House
Guild Street
Stratford-upon-Avon
Warwickshire
CV37 6RP

COTSWOLD FOODSTORE AND CAFE LIMITED (REGISTERED NUMBER: 11506080)

STATEMENT OF FINANCIAL POSITION
31 August 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 18,551 21,767

CURRENT ASSETS
Stocks 16,222 16,365
Debtors 5 10,835 655
Cash at bank 99,679 116,703
126,736 133,723
CREDITORS
Amounts falling due within one year 6 67,192 67,749
NET CURRENT ASSETS 59,544 65,974
TOTAL ASSETS LESS CURRENT
LIABILITIES

78,095

87,741

CREDITORS
Amounts falling due after more than one
year

7

(13,874

)

(21,848

)

PROVISIONS FOR LIABILITIES (3,525 ) (4,136 )
NET ASSETS 60,696 61,757

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 60,596 61,657
60,696 61,757

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

COTSWOLD FOODSTORE AND CAFE LIMITED (REGISTERED NUMBER: 11506080)

STATEMENT OF FINANCIAL POSITION - continued
31 August 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 March 2024 and were signed on its behalf by:




B G Williams - Director



Mrs J W Williams - Director


COTSWOLD FOODSTORE AND CAFE LIMITED (REGISTERED NUMBER: 11506080)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 August 2023


1. STATUTORY INFORMATION

Cotswold Foodstore and Cafe 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.

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.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 25% 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 Statement of Income and Retained Earnings, 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.

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 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.

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
During the year, the company paid pension contributions into a personal pension scheme on behalf of the directors.

COTSWOLD FOODSTORE AND CAFE LIMITED (REGISTERED NUMBER: 11506080)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2023


3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2022 - 11 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
At 1 September 2022 44,616 1,666 46,282
Additions 2,828 141 2,969
At 31 August 2023 47,444 1,807 49,251
DEPRECIATION
At 1 September 2022 23,482 1,033 24,515
Charge for year 5,991 194 6,185
At 31 August 2023 29,473 1,227 30,700
NET BOOK VALUE
At 31 August 2023 17,971 580 18,551
At 31 August 2022 21,134 633 21,767

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 4,800 -
Other debtors 6,035 655
10,835 655

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 8,120 8,149
Trade creditors 25,398 19,829
Taxation and social security 29,843 37,294
Other creditors 3,831 2,477
67,192 67,749

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
£    £   
Bank loans 13,874 21,848

COTSWOLD FOODSTORE AND CAFE LIMITED (REGISTERED NUMBER: 11506080)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 August 2023


8. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

During the year, the director’s current account became overdrawn, the maximum amount and the year end balance was £379. This has subsequently been cleared.

9. RELATED PARTY DISCLOSURES

At 31 August 2023 other creditors includes loans made to the company by Mr B & Mrs J Williams (directors) amounting to £Nil (2022:£14). The loans are interest free with no fixed date for repayment.

10. ULTIMATE CONTROLLING PARTY

The company is under the control of its directors.