IRIS Accounts Production v24.1.0.578 10544090 Board of Directors 1.2.23 31.1.24 31.1.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh105440902023-01-31105440902024-01-31105440902023-02-012024-01-31105440902022-01-31105440902022-02-012023-01-31105440902023-01-3110544090ns15:EnglandWales2023-02-012024-01-3110544090ns14:PoundSterling2023-02-012024-01-3110544090ns10:Director12023-02-012024-01-3110544090ns10:PrivateLimitedCompanyLtd2023-02-012024-01-3110544090ns10:SmallEntities2023-02-012024-01-3110544090ns10:AuditExempt-NoAccountantsReport2023-02-012024-01-3110544090ns10:SmallCompaniesRegimeForDirectorsReport2023-02-012024-01-3110544090ns10:SmallCompaniesRegimeForAccounts2023-02-012024-01-3110544090ns10:FullAccounts2023-02-012024-01-3110544090ns10:Director22023-02-012024-01-3110544090ns10:RegisteredOffice2023-02-012024-01-3110544090ns5:CurrentFinancialInstruments2024-01-3110544090ns5:CurrentFinancialInstruments2023-01-3110544090ns5:Non-currentFinancialInstruments2024-01-3110544090ns5:Non-currentFinancialInstruments2023-01-3110544090ns5:ShareCapital2024-01-3110544090ns5:ShareCapital2023-01-3110544090ns5:RetainedEarningsAccumulatedLosses2024-01-3110544090ns5:RetainedEarningsAccumulatedLosses2023-01-3110544090ns5:PlantMachinery2023-02-012024-01-3110544090ns5:FurnitureFittings2023-02-012024-01-3110544090ns5:ComputerEquipment2023-02-012024-01-3110544090ns5:PlantMachinery2023-01-3110544090ns5:FurnitureFittings2023-01-3110544090ns5:ComputerEquipment2023-01-3110544090ns5:PlantMachinery2024-01-3110544090ns5:FurnitureFittings2024-01-3110544090ns5:ComputerEquipment2024-01-3110544090ns5:PlantMachinery2023-01-3110544090ns5:FurnitureFittings2023-01-3110544090ns5:ComputerEquipment2023-01-3110544090ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-01-3110544090ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-01-31
REGISTERED NUMBER: 10544090 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST JANUARY 2024

FOR

SWEET SENSATIONS EATS & TREATS LIMITED

SWEET SENSATIONS EATS & TREATS LIMITED (REGISTERED NUMBER: 10544090)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


SWEET SENSATIONS EATS & TREATS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST JANUARY 2024







DIRECTORS: Mrs C A Jarrett
Ms S L Jarrett





REGISTERED OFFICE: 59 The Avenue
Aylesford
Kent
ME20 7LQ





REGISTERED NUMBER: 10544090 (England and Wales)





ACCOUNTANTS: Stephen Hill Partnership Limited
139-141 Watling Street
Gillingham
Kent
ME7 2YY

SWEET SENSATIONS EATS & TREATS LIMITED (REGISTERED NUMBER: 10544090)

BALANCE SHEET
31ST JANUARY 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 780 690

CURRENT ASSETS
Stocks 4,500 3,022
Debtors 5 69 214
Cash at bank and in hand 1,584 974
6,153 4,210
CREDITORS
Amounts falling due within one year 6 95,924 58,571
NET CURRENT LIABILITIES (89,771 ) (54,361 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(88,991

)

(53,671

)

CREDITORS
Amounts falling due after more than one
year

7

(13,170

)

(23,340

)

PROVISIONS FOR LIABILITIES (148 ) (131 )
NET LIABILITIES (102,309 ) (77,142 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (102,311 ) (77,144 )
(102,309 ) (77,142 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2024 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.

SWEET SENSATIONS EATS & TREATS LIMITED (REGISTERED NUMBER: 10544090)

BALANCE SHEET - continued
31ST JANUARY 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 17th April 2024 and were signed on its behalf by:





Mrs C A Jarrett - Director


SWEET SENSATIONS EATS & TREATS LIMITED (REGISTERED NUMBER: 10544090)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST JANUARY 2024

1. STATUTORY INFORMATION

Sweet Sensations Eats & Treats Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

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

Going concern
The accounts have been prepared on a going concern basis. This basis may not be appropriate because the company has, at 31 January 2024, net liabilities of £102,309 (2023: £77,142). The validity of the going concern basis is dependent upon the continued support of the directors and bankers.

Turnover
Turnover is measured at the fair value of the consideration received or receivable. excluding discounts, rebates.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Computer equipment - 25% on cost

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

The assets' residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
The company only enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, and loans from banks and other third parties.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


SWEET SENSATIONS EATS & TREATS LIMITED (REGISTERED NUMBER: 10544090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

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

Cash and cash equivalents
Cash is represented by cash in hand and deposits with financial institutions.

Creditors
Short term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 8 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Computer
machinery fittings equipment Totals
£    £    £    £   
COST
At 1st February 2023 442 378 1,070 1,890
Additions - 385 - 385
At 31st January 2024 442 763 1,070 2,275
DEPRECIATION
At 1st February 2023 197 95 908 1,200
Charge for year 110 123 62 295
At 31st January 2024 307 218 970 1,495
NET BOOK VALUE
At 31st January 2024 135 545 100 780
At 31st January 2023 245 283 162 690

SWEET SENSATIONS EATS & TREATS LIMITED (REGISTERED NUMBER: 10544090)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST JANUARY 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 69 214

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 9,416 9,606
Trade creditors 32,423 7,515
Taxation and social security 12,260 3,417
Other creditors 41,825 38,033
95,924 58,571

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.1.24 31.1.23
£    £   
Bank loans 13,170 23,340

Amounts falling due in more than five years:

Repayable by instalments
Natwest bounce back loan 12,222 12,670