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REGISTERED NUMBER: 07918778 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 OCTOBER 2023

FOR

CUISINE EQUIPMENT LIMITED

CUISINE EQUIPMENT LIMITED (REGISTERED NUMBER: 07918778)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CUISINE EQUIPMENT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 OCTOBER 2023







DIRECTORS: R C Witherall
S W Elliott
P A Sanderson





REGISTERED OFFICE: 4 Trafford Road
Reading
Berkshire
RG1 8JS





REGISTERED NUMBER: 07918778 (England and Wales)

CUISINE EQUIPMENT LIMITED (REGISTERED NUMBER: 07918778)

BALANCE SHEET
31 OCTOBER 2023

31.10.23 31.10.22
Notes £    £   
CURRENT ASSETS
Stocks 340,480 305,516
Debtors 5 146,063 173,788
Cash at bank and in hand 82,940 32,012
569,483 511,316
CREDITORS
Amounts falling due within one year 6 64,914 54,579
NET CURRENT ASSETS 504,569 456,737
TOTAL ASSETS LESS CURRENT
LIABILITIES

504,569

456,737

CREDITORS
Amounts falling due after more than one
year

7

143,076

143,286
NET ASSETS 361,493 313,451

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 361,492 313,450
SHAREHOLDERS' FUNDS 361,493 313,451

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

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

CUISINE EQUIPMENT LIMITED (REGISTERED NUMBER: 07918778)

BALANCE SHEET - continued
31 OCTOBER 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 March 2024 and were signed on its behalf by:





R C Witherall - Director


CUISINE EQUIPMENT LIMITED (REGISTERED NUMBER: 07918778)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1. STATUTORY INFORMATION

Cuisine Equipment Limited (07918778) is a private company, limited by shares, registered in England and Wales. The company's registered office and principal place of business is 4 Trafford Road, Reading, Berkshire, RG1 8JS

The principal activity of the company is that of the supply and service of commercial catering equipment.

The company is a subsidiary undertaking of Valentine Equipment Limited, a limited company registered in England and Wales.

The presentation currency of the financial statements is the Pound Sterling (£).

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. The financial statements have been prepared on a going concern basis under the historical cost convention.

Turnover
Revenue (described as Turnover) is the fair value received or receivable for goods and services, net of returns, rebates, discounts and value added tax. Revenue is recognised on delivery of goods and completion of services.

Tangible fixed assets
Tangible fixed assets held for the company's own use are stated at cost less accumulated depreciation and accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives as below:

Plant and machinery etc.- 25% on reducing balance

Stocks
Stocks are stated at the lower of cost and and estimated selling price less costs to sell. Cost includes the purchase price, including any taxes, duties, transport, and handling directly attributable to bringing the stock to its present location and condition. Net realisable value is based on the estimated selling price less any estimated selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of inventories recognised as an expense in the period in which the reversal occurs.

CUISINE EQUIPMENT LIMITED (REGISTERED NUMBER: 07918778)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

2. ACCOUNTING POLICIES - continued

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to related parties.

Short term debtors are measured at transaction price, less any impairment. Short term creditors are measured at transaction price.

Taxation
Tax on profit represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from the profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the year.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities and the corresponding tax bases used to compute taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for temporary differences to the extent that it is probable that taxable profits will be available to utilise the timing difference.

Deferred tax liabilities and assets are measured at tax rates that are expected to apply in the period the liability is settled or the asset realised. The measurement of deferred tax liabilities and assets reflects the tax consequences in which the company expects to recover or settle the underlying amount of its assets and liabilities.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3. EMPLOYEES AND DIRECTORS

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

CUISINE EQUIPMENT LIMITED (REGISTERED NUMBER: 07918778)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 OCTOBER 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
£   
COST
At 1 November 2022 749
Disposals (749 )
At 31 October 2023 -
DEPRECIATION
At 1 November 2022 749
Eliminated on disposal (749 )
At 31 October 2023 -
NET BOOK VALUE
At 31 October 2023 -
At 31 October 2022 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade debtors 146,063 165,951
Other debtors - 7,837
146,063 173,788

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Trade creditors 1,185 5,085
Taxation and social security 56,146 41,060
Other creditors 7,583 8,434
64,914 54,579

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31.10.23 31.10.22
£    £   
Amounts owed to group undertakings 143,076 143,286