2022-09-01 2023-08-31 false Capium Accounts Production 1.1 09750036 bus:AbridgedAccounts 2022-09-01 2023-08-31 09750036 bus:FRS102 2022-09-01 2023-08-31 09750036 bus:AuditExemptWithAccountantsReport 2022-09-01 2023-08-31 09750036 bus:SmallCompaniesRegimeForAccounts 2022-09-01 2023-08-31 09750036 bus:PrivateLimitedCompanyLtd 2022-09-01 2023-08-31 09750036 2022-09-01 2023-08-31 09750036 2023-08-31 09750036 bus:RegisteredOffice 2022-09-01 2023-08-31 09750036 core:WithinOneYear 2023-08-31 09750036 core:AfterOneYear 2023-08-31 09750036 bus:Director1 2022-09-01 2023-08-31 09750036 bus:Director1 2023-08-31 09750036 bus:Director1 2021-09-01 2022-08-31 09750036 bus:Director2 2022-09-01 2023-08-31 09750036 bus:Director2 2023-08-31 09750036 bus:Director2 2021-09-01 2022-08-31 09750036 bus:Director3 2022-09-01 2023-08-31 09750036 bus:Director3 2023-08-31 09750036 bus:Director3 2021-09-01 2022-08-31 09750036 2021-09-01 09750036 bus:CompanySecretary1 2022-09-01 2023-08-31 09750036 bus:LeadAgentIfApplicable 2022-09-01 2023-08-31 09750036 2021-09-01 2022-08-31 09750036 2022-08-31 09750036 core:WithinOneYear 2022-08-31 09750036 core:AfterOneYear 2022-08-31 09750036 bus:EntityAccountantsOrAuditors 2021-09-01 2022-08-31 09750036 bus:OrdinaryShareClass1 2022-09-01 2023-08-31 09750036 bus:OrdinaryShareClass1 2023-08-31 09750036 bus:OrdinaryShareClass1 2021-09-01 2022-08-31 09750036 bus:OrdinaryShareClass1 2022-08-31 09750036 core:PlantMachinery 2022-09-01 2023-08-31 09750036 core:PlantMachinery 2023-08-31 09750036 core:PlantMachinery 2022-08-31 09750036 core:FurnitureFittings 2022-09-01 2023-08-31 09750036 core:FurnitureFittings 2023-08-31 09750036 core:FurnitureFittings 2022-08-31 09750036 core:ComputerEquipment 2022-09-01 2023-08-31 09750036 core:ComputerEquipment 2023-08-31 09750036 core:ComputerEquipment 2022-08-31 09750036 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2023-08-31 09750036 core:LeasedAssetsHeldAsLessee core:PlantMachinery 2022-08-31 09750036 core:NetGoodwill 2022-09-01 2023-08-31 09750036 core:NetGoodwill 2023-08-31 09750036 core:NetGoodwill 2022-08-31 09750036 core:CostValuation core:Non-currentFinancialInstruments 2023-08-31 09750036 core:CostValuation core:Non-currentFinancialInstruments 2022-08-31 09750036 core:AdditionsToInvestments core:Non-currentFinancialInstruments 2023-08-31 09750036 core:DisposalsDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 09750036 core:RevaluationsIncreaseDecreaseInInvestments core:Non-currentFinancialInstruments 2023-08-31 09750036 core:Non-currentFinancialInstruments 2023-08-31 09750036 core:Non-currentFinancialInstruments 2022-08-31 09750036 core:ShareCapital 2023-08-31 09750036 core:ShareCapital 2022-08-31 09750036 core:RetainedEarningsAccumulatedLosses 2023-08-31 09750036 core:RetainedEarningsAccumulatedLosses 2022-08-31 09750036 dpl:Item1 2022-09-01 09750036 dpl:Item1 2023-08-31 09750036 dpl:Item1 2021-09-01 09750036 dpl:Item1 2022-08-31 iso4217:GBP xbrli:shares xbrli:pure
Registered Number: 09750036
England and Wales

 

 

 


Abridged Accounts

for the year ended 31 August 2023

for

CHEESEWORKS (CHELTENHAM) LIMITED

These financial statements have been prepared in accordance with our terms of engagement and in order to assist you to fulfil your duties under the Companies Acts that relate to preparing the financial statements of the company for the year ended 31 August 2023.

We have prepared these finance statements based on the accounting records, information and explanations provided by you. We do not express any opinion on the financial statements.

On the Balance Sheet you have acknowledged your duties under the prevailing Companies Acts to ensure that the company keeps adequate accounting records and prepares financial statements that give a true and fair view.

You have determined that the company is exempt from the statutory requirement for an audit for this accounting year. Therefore, the financial statements are unaudited.

The financial statements are provided exclusively to the director for the limited purpose mentioned above, and may not be used or relied upon for any other purpose or by any other person, and we shall not be liable for any other usage or reliance.



....................................................
MBS Accountants
Unit 3 Tuffley Park
Lower Tuffley Lane
Gloucester
GL2 5DE
11 April 2024
1
 
 
Notes
 
2023
£
  2022
£
Fixed assets      
Tangible fixed assets 4 13,164    11,602 
13,164    11,602 
Current assets      
Stocks 15,500    3,000 
Debtors: amounts falling due within one year 8,851    6,718 
Debtors: amounts falling due after one year 103,775    88,275 
Cash at bank and in hand 28,061    49,173 
156,187    147,166 
Creditors: amount falling due within one year (73,301)   (60,077)
Net current assets 82,886    87,089 
 
Total assets less current liabilities 96,050    98,691 
Creditors: amount falling due after more than one year (17,500)   (28,039)
Accruals and deferred income (2,160)   (348)
Provisions for liabilities (2,723)   (2,437)
Net assets 73,667    67,867 
 

Capital and reserves
     
Called up share capital 5 2    2 
Profit and loss account 73,665    67,865 
Shareholder's funds 73,667    67,867 
 


For the year ended 31 August 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:
  1. The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
  2. The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
These 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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).
The financial statements were approved by the board of directors on 11 April 2024 and were signed on its behalf by:


-------------------------------
Sezan Walker
Director
2
General Information
Cheeseworks (Cheltenham) Limited is a private company, limited by shares, registered in England and Wales, registration number 09750036, registration address 5 Regent Street, Cheltenham, GL50 1HE.

The presentation currency is £ sterling.
1.

Accounting policies

Significant accounting policies
Statement of compliance
These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Basis of preparation
The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.
The financial statements are prepared in sterling which is the functional currency of the company.
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the income statement over the expected useful life of the assets. Grants received towards revenue expenditure are released to the income statement as the related expenditure is incurred.
Taxation
Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted
Deferred taxation
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.
Dividends
Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.
Intangible assets
Intangible assets (including purchased goodwill and patents) are amortised at rates calculated to write off the assets on a straight line basis over their estimated useful economic lives. Impairment of intangible assets is only reviewed where circumstances indicate that the carrying value of an asset may not be fully recoverable.
Goodwill
Acquired goodwill is stated at cost less amortisation. Amortisation is calculated on a straight line basis over the estimated expected useful economic life of the goodwill of 5 years.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Plant and Machinery 25% Reducing Balance
Fixtures and Fittings 20% Reducing Balance
Computer Equipment 25% 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. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Provisions
Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.
2.

Average number of employees

Average number of employees during the year was 10 (2022 : 12).
3.

Intangible fixed assets

Cost Goodwill   Total
  £   £
At 01 September 2022 136,938    136,938 
Additions  
Disposals  
At 31 August 2023 136,938    136,938 
Amortisation
At 01 September 2022 136,938    136,938 
Charge for year  
On disposals  
At 31 August 2023 136,938    136,938 
Net book values
At 31 August 2023  
At 31 August 2022  


4.

Tangible fixed assets

Cost or valuation Plant and Machinery   Fixtures and Fittings   Computer Equipment   Total
  £   £   £   £
At 01 September 2022 13,609    1,920    17,939    33,468 
Additions   5,487      5,487 
Disposals      
At 31 August 2023 13,609    7,407    17,939    38,955 
Depreciation
At 01 September 2022 7,789    384    13,693    21,866 
Charge for year 1,457    1,405    1,063    3,925 
On disposals      
At 31 August 2023 9,246    1,789    14,756    25,791 
Net book values
Closing balance as at 31 August 2023 4,363    5,618    3,183    13,164 
Opening balance as at 01 September 2022 5,820    1,536    4,246    11,602 


5.

Share Capital

Allotted, called up and fully paid
2023
£
  2022
£
20 Ordinary shares of £0.10 each  
 

3