1 December 2022 false No description of principal activity Taxfiler 2024.1 05227926business:PrivateLimitedCompanyLtd2022-12-012023-11-30 052279262022-11-30 052279262022-12-012023-11-30 05227926business:AuditExemptWithAccountantsReport2022-12-012023-11-30 05227926business:FilletedAccounts2022-12-012023-11-30 052279262023-11-30 05227926business:Director12022-12-012023-11-30 05227926business:RegisteredOffice2022-12-012023-11-30 052279262022-11-30 05227926core:WithinOneYear2023-11-30 05227926core:WithinOneYear2022-11-30 05227926core:AfterOneYear2023-11-30 05227926core:AfterOneYear2022-11-30 05227926core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 05227926core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 05227926core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 05227926core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 05227926core:PreviouslyStatedAmount2023-11-30 05227926core:PreviouslyStatedAmount2022-11-30 05227926business:SmallEntities2022-12-012023-11-30 05227926countries:EnglandWales2022-12-012023-11-30 05227926core:PlantMachinery2022-12-012023-11-30 05227926core:MotorVehicles2022-12-012023-11-30 05227926core:FurnitureFittings2022-12-012023-11-30 05227926core:ComputerEquipment2022-12-012023-11-30 05227926core:Goodwill2022-11-30 05227926core:IntangibleAssetsOtherThanGoodwill2022-11-30 05227926core:Goodwill2022-12-012023-11-30 05227926core:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-30 05227926core:Goodwill2023-11-30 05227926core:IntangibleAssetsOtherThanGoodwill2023-11-30 05227926core:PlantMachinery2022-11-30 05227926core:MotorVehicles2022-11-30 05227926core:FurnitureFittings2022-11-30 05227926core:ComputerEquipment2022-11-30 05227926core:PlantMachinery2023-11-30 05227926core:MotorVehicles2023-11-30 05227926core:FurnitureFittings2023-11-30 05227926core:ComputerEquipment2023-11-30 052279262021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 05227926 (England and Wales)
THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Unaudited accounts for the year ended 30 November 2023
THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Unaudited accounts Contents
Page
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THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Company Information for the year ended 30 November 2023
Director
Duncan Edward Catchpole
Company Number
05227926 (England and Wales)
Registered Office
PENN FARM STUDIOS HARSTON ROAD HASLINGFIELD CAMBRIDGE CAMBRIDGESHIRE CB23 1JZ
Accountants
Coles Accounting (Cambridge) Limited Newton Hall Town Street, Newton Cambridge Cambridgeshire CB22 7ZE
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THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
24,000 
- 
Tangible assets
42,711 
63,680 
66,711 
63,680 
Current assets
Inventories
12,904 
14,148 
Debtors
61,736 
94,686 
Cash at bank and in hand
2,125 
871 
76,765 
109,705 
Creditors: amounts falling due within one year
(114,665)
(114,105)
Net current liabilities
(37,900)
(4,400)
Total assets less current liabilities
28,811 
59,280 
Creditors: amounts falling due after more than one year
(19,907)
(29,922)
Net assets
8,904 
29,358 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
8,804 
29,258 
Shareholders' funds
8,904 
29,358 
For the year ending 30 November 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 director acknowledges his 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 and authorised for issue on 1 February 2024 and were signed on its behalf by
Duncan Edward Catchpole Director Company Registration No. 05227926
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THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
THE CAMBRIDGE ORGANIC FOOD COMPANY LTD is a private company, limited by shares, registered in England and Wales, registration number 05227926. The registered office is PENN FARM STUDIOS, HARSTON ROAD HASLINGFIELD, CAMBRIDGE, CAMBRIDGESHIRE, CB23 1JZ.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods. Turnover from the rendering of services is recongised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
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
Motor vehicles
20% straight line
Fixtures & fittings
25% straight line
Computer equipment
25% straight line
Inventories
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.
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THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Notes to the Accounts for the year ended 30 November 2023
Deferred taxation
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.
Intangible fixed assets
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the seperable net assets. It was amortised over to the profit and loss account over its estimated economic life. Website development costs incurred that meet the criteria for recognition as an intangible asset under FRS 102 are capitalised as an intangible asset when it is probable that the future economic benefits that are attributable to the asset will flow to the entity and the cost of the asset can be reliably measured. Amortisation of website development costs will commence when the asset is available for use. The amortisation will be calculated on a straight line basis over the useful life of the website, which is deemed to be 10 years.
4
Intangible fixed assets
Goodwill 
Other 
Total 
£ 
£ 
£ 
Cost
At 1 December 2022
8,500 
- 
8,500 
Additions
- 
24,000 
24,000 
At 30 November 2023
8,500 
24,000 
32,500 
Amortisation
At 1 December 2022
8,500 
- 
8,500 
At 30 November 2023
8,500 
- 
8,500 
Net book value
At 30 November 2023
- 
24,000 
24,000 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 December 2022
2,618 
125,044 
4,632 
1,701 
133,995 
At 30 November 2023
2,618 
125,044 
4,632 
1,701 
133,995 
Depreciation
At 1 December 2022
1,876 
66,021 
1,158 
1,260 
70,315 
Charge for the year
655 
18,730 
1,158 
426 
20,969 
At 30 November 2023
2,531 
84,751 
2,316 
1,686 
91,284 
Net book value
At 30 November 2023
87 
40,293 
2,316 
15 
42,711 
At 30 November 2022
742 
59,023 
3,474 
441 
63,680 
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THE CAMBRIDGE ORGANIC FOOD COMPANY LTD Notes to the Accounts for the year ended 30 November 2023
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
5,029 
5,791 
Trade debtors
53,185 
88,895 
Other debtors
3,522 
- 
61,736 
94,686 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
10,015 
9,768 
Trade creditors
91,702 
95,997 
Taxes and social security
3,057 
2,504 
Other creditors
8,891 
486 
Accruals
1,000 
5,350 
114,665 
114,105 
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
19,907 
29,922 
9
Average number of employees
During the year the average number of employees was 26 (2022: 26).
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