Company Registration No. 13596939 (England and Wales)
Fizz and Fromage Limited
Unaudited accounts
for the year ended 30 September 2023
Fizz and Fromage Limited
Unaudited accounts
Contents
Fizz and Fromage Limited
Company Information
for the year ended 30 September 2023
Company Number
13596939 (England and Wales)
Registered Office
17-19 St. Georges Street
Norwich
Norfolk
NR3 1AB
United Kingdom
Accountants
Together Accounting Limited
17-19 St Georges Street
Norwich
Norfolk
NR3 1AB
Fizz and Fromage Limited
Statement of financial position
as at 30 September 2023
Intangible assets
16,494
-
Tangible assets
34,387
45,630
Cash at bank and in hand
10,580
9,363
Creditors: amounts falling due within one year
(46,785)
(30,416)
Net current liabilities
(25,948)
(10,598)
Total assets less current liabilities
24,933
35,032
Creditors: amounts falling due after more than one year
-
(91,681)
Provisions for liabilities
Net assets/(liabilities)
18,400
(56,649)
Called up share capital
20
20
Profit and loss account
18,380
(56,669)
Shareholders' funds
18,400
(56,649)
For the year ending 30 September 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 her 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 11 April 2024 and were signed on its behalf by
Sophie Thompson
Director
Company Registration No. 13596939
Fizz and Fromage Limited
Notes to the Accounts
for the year ended 30 September 2023
Fizz and Fromage Limited is a private company, limited by shares, registered in England and Wales, registration number 13596939. The registered office is 17-19 St. Georges Street, Norwich, Norfolk, NR3 1AB, United Kingdom.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
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% Reducing Balance Method
Fixtures & fittings
25% Straight Line Method
Computer equipment
33% Straight Line Method
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.
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 (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Fizz and Fromage Limited
Notes to the Accounts
for the year ended 30 September 2023
4
Intangible fixed assets
Goodwill
At 30 September 2023
17,211
At 30 September 2023
16,494
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 October 2022
13,618
45,819
1,700
61,137
At 30 September 2023
14,104
45,819
1,700
61,623
At 1 October 2022
3,624
11,364
519
15,507
Charge for the year
2,549
8,613
567
11,729
At 30 September 2023
6,173
19,977
1,086
27,236
At 30 September 2023
7,931
25,842
614
34,387
At 30 September 2022
9,994
34,455
1,181
45,630
Amounts falling due within one year
Accrued income and prepayments
908
5,050
Fizz and Fromage Limited
Notes to the Accounts
for the year ended 30 September 2023
7
Creditors: amounts falling due within one year
2023
2022
Trade creditors
27,254
15,840
Taxes and social security
1,043
1,359
Loans from directors
7
127
8
Creditors: amounts falling due after more than one year
2023
2022
9
Transactions with related parties
During the current year, the Company wrote off an intercompany loan payable of £96,655 from a related company (Norfolk Inns Ltd), due to this being unviable to repay. The treatment of the write off is recognised in the profit and loss.
A corresponding entry has been entered in the related companies' financial records.
10
Post balance sheet events
On 9 October 2023 the company was acquired by Sophie Thompson.
11
Average number of employees
During the year the average number of employees was 6 (2022: 5).