Company Registration No. 12224648 (England and Wales)
Moods Hospitality & Catering Ltd
Unaudited accounts
for the year ended 30 September 2023
Moods Hospitality & Catering Ltd
Statement of Financial Position
as at 30 September 2023
Current assets
38,120
34,752
Creditors: amounts falling due within one year
(106,390)
(84,795)
Net current liabilities
(68,270)
(50,043)
Total assets less current liabilities
(59,206)
(39,411)
Creditors: amounts falling due after more than one year
(13,372)
(17,382)
Accruals and deferred income
(474)
(450)
Net liabilities
(73,052)
(57,243)
Capital and reserves
(73,052)
(57,243)
Moods Hospitality & Catering Ltd is a private company, limited by shares, registered in England and Wales, registration number 12224648. The registered office is The Loyal Toast, Western Approaches, Southend On Sea, Essex, SS2 6XY.
2 Director's advances, credit and guarantees
During the year the company made interest free advances to the Director
As at the 30th September 2023 the company was owed the following amount:
Mr Martyn Moody £11,459 (2022: £0)
3 Guarantees and other financial commitments
The company has an unsecured bounce back loan from NAT WEST at a 2.5% fixed interest rate over a six-year term, with no principal repayments for the first 12 months. This loan is backed by the government.
GOING CONCERN
The Director has considered the trading results for the financial year and the company's liabilities. The Director has undertaken to provide financial support for the next twelve months. The Director is confident that the company will make a profit in the subsequent financial year. Should the company not make a profit and the Director not provide financial support it would cast significant doubt upon the company's ability to continue as a going concern.
4 Average number of employees
During the year the average number of employees was 10 (2022: 8).
Moods Hospitality & Catering Ltd
Statement of Financial Position
as at 30 September 2023 (continued)
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 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 in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Approved by the board on 15 January 2024
Martyn Moody
Director
Company Registration No. 12224648