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REGISTERED NUMBER: 11570053 (England and Wales)






















Unaudited Financial Statements

for the Year Ended 31 December 2023

for

The Cookaway Limited

The Cookaway Limited (Registered number: 11570053)






Contents of the Financial Statements
for the year ended 31 December 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Accountants' Report 6

The Cookaway Limited

Company Information
for the year ended 31 December 2023







DIRECTORS: S O Verma
N Verma





REGISTERED OFFICE: 93 Grand Drive
London
SW20 9DW





REGISTERED NUMBER: 11570053 (England and Wales)





ACCOUNTANTS: Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE

The Cookaway Limited (Registered number: 11570053)

Balance Sheet
31 December 2023

2023 2022
Notes £ £
FIXED ASSETS
Intangible assets 4 282,411 309,851
Tangible assets 5 28,006 26,952
310,417 336,803

CURRENT ASSETS
Stocks 56,000 73,410
Debtors 6 50,149 57,702
Cash at bank 51,279 209,142
157,428 340,254
CREDITORS
Amounts falling due within one year 7 (437,007 ) (148,128 )
NET CURRENT (LIABILITIES)/ASSETS (279,579 ) 192,126
TOTAL ASSETS LESS CURRENT LIABILITIES 30,838 528,929

CREDITORS
Amounts falling due after more than one year 8 (29,476 ) (35,649 )
NET ASSETS 1,362 493,280

CAPITAL AND RESERVES
Called up share capital 9 174 174
Share premium 1,875,119 1,875,119
Other reserves 1,189,466 650,001
Retained earnings (3,063,397 ) (2,032,014 )
SHAREHOLDERS' FUNDS 1,362 493,280

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

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

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 30 July 2024 and were signed on its behalf by:





S O Verma - Director


The Cookaway Limited (Registered number: 11570053)

Notes to the Financial Statements
for the year ended 31 December 2023

1. STATUTORY INFORMATION

The Cookaway 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.

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 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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Brand development is being amortised evenly over its estimated useful life of five years.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Tangible fixed assets are stated at cost less accumulated depreciation. Cost includes the original purchase price of the asset and the costs attributable to bringing the asset to its working condition for its intended use.

Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset on a systematic basis over its expected useful life as follows:

Fixtures and fittings - 20% straight line
Computer equipment - 20% straight line

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

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.

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.

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.

The Cookaway Limited (Registered number: 11570053)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

2. ACCOUNTING POLICIES - continued

Share capital
Ordinary shares are classed as equity.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, cash held with banks and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2022 - 6 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£
COST
At 1 January 2023 366,412
Additions 52,339
At 31 December 2023 418,751
AMORTISATION
At 1 January 2023 56,561
Charge for year 79,779
At 31 December 2023 136,340
NET BOOK VALUE
At 31 December 2023 282,411
At 31 December 2022 309,851

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£
COST
At 1 January 2023 45,200
Additions 7,704
At 31 December 2023 52,904
DEPRECIATION
At 1 January 2023 18,248
Charge for year 6,650
At 31 December 2023 24,898
NET BOOK VALUE
At 31 December 2023 28,006
At 31 December 2022 26,952

The Cookaway Limited (Registered number: 11570053)

Notes to the Financial Statements - continued
for the year ended 31 December 2023

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Trade debtors - 13,146
Other debtors 25,206 495
VAT 14,193 29,369
Prepayments & accrued income 10,750 14,692
50,149 57,702

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 84,611 5,256
Trade creditors 311,256 102,572
Social security & other taxes 21,552 10,359
Other creditors 5,310 2,634
Directors' current accounts 10,921 11,835
Accruals and deferred income 3,357 15,472
437,007 148,128

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£ £
Bank loans - 1-2 years 5,916 5,556
Bank loans - 2-5 years 17,747 16,667
Bank loans more 5 yr by instal 5,813 13,426
29,476 35,649

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 5,813 13,426

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
1,738,856 Ordinary 0.0001 174 174

10. OTHER RESERVES

£1,839,467.00 included in Other reserves relates to funds received under an Advanced Subscription Agreement.

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Cookaway Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Cookaway Limited for the year ended 31 December 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of The Cookaway Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Cookaway Limited and state those matters that we have agreed to state to the Board of Directors of The Cookaway Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than The Cookaway Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Cookaway Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of The Cookaway Limited. You consider that The Cookaway Limited 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 financial statements of The Cookaway Limited. 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 financial statements.






Bennett Brooks & Co Limited
Chartered Accountants
St George's Court
Winnington Avenue
Northwich
Cheshire
CW8 4EE


30 July 2024