Company Registration No. 08724301 (England and Wales)
Southsea Catering Ltd
Unaudited accounts
for the year ended 31 October 2023
Southsea Catering Ltd
Unaudited accounts
Contents
Southsea Catering Ltd
Company Information
for the year ended 31 October 2023
Company Number
08724301 (England and Wales)
Registered Office
54 Empshott Road
Southsea
PO4 8BY
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Southsea Catering Ltd
Accountants' report
Accountants' report to the director of Southsea Catering Ltd on the preparation of the unaudited statutory accounts 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
Southsea Catering Ltd for the year ended
31 October 2023 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Southsea Catering Ltd , as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Southsea Catering Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Southsea Catering Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Southsea Catering Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Southsea Catering Ltd . You consider that Southsea Catering Ltd 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 Southsea Catering Ltd . 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.
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
5 March 2024
Southsea Catering Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
31,573
31,207
Cash at bank and in hand
4,380
20,774
Creditors: amounts falling due within one year
(69,782)
(68,724)
Net current liabilities
(7,118)
(10,634)
Total assets less current liabilities
24,455
20,573
Creditors: amounts falling due after more than one year
(23,726)
(20,573)
Called up share capital
100
100
Profit and loss account
629
(100)
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 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 5 March 2024 and were signed on its behalf by
Jonathon Welch
Director
Company Registration No. 08724301
Southsea Catering Ltd
Notes to the Accounts
for the year ended 31 October 2023
Southsea Catering Ltd is a private company, limited by shares, registered in England and Wales, registration number 08724301. The registered office is 54 Empshott Road, Southsea, PO4 8BY.
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.
Tangible fixed assets policy
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
Fixtures & fittings
25% reducing balance
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.
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
20,490
25,677
38,318
84,485
Additions
-
5,900
3,522
9,422
At 31 October 2023
20,490
31,577
41,840
93,907
At 1 November 2022
12,294
20,446
20,538
53,278
Charge for the year
2,049
2,328
4,679
9,056
At 31 October 2023
14,343
22,774
25,217
62,334
At 31 October 2023
6,147
8,803
16,623
31,573
At 31 October 2022
8,196
5,231
17,780
31,207
Southsea Catering Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Accrued income and prepayments
1,962
1,844
Other debtors
50,619
29,769
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
4,594
13,568
Taxes and social security
8,699
33,953
7
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
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
29,769
101,117
80,267
50,619
29,769
101,117
80,267
50,619
The ultimate controlling party is Jonathon Welch.
11
Average number of employees
During the year the average number of employees was 21 (2022: 21).