IRIS Accounts Production v24.1.9.2 09287083 Board of Directors 1.11.22 31.10.23 31.10.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh092870832022-10-31092870832023-10-31092870832022-11-012023-10-31092870832021-10-31092870832021-11-012022-10-31092870832022-10-3109287083ns15:EnglandWales2022-11-012023-10-3109287083ns14:PoundSterling2022-11-012023-10-3109287083ns10:Director12022-11-012023-10-3109287083ns10:PrivateLimitedCompanyLtd2022-11-012023-10-3109287083ns10:SmallEntities2022-11-012023-10-3109287083ns10:AuditExempt-NoAccountantsReport2022-11-012023-10-3109287083ns10:SmallCompaniesRegimeForDirectorsReport2022-11-012023-10-3109287083ns10:SmallCompaniesRegimeForAccounts2022-11-012023-10-3109287083ns10:FullAccounts2022-11-012023-10-3109287083ns10:Director22022-11-012023-10-3109287083ns10:RegisteredOffice2022-11-012023-10-3109287083ns5:CurrentFinancialInstruments2023-10-3109287083ns5:CurrentFinancialInstruments2022-10-3109287083ns5:Non-currentFinancialInstruments2023-10-3109287083ns5:Non-currentFinancialInstruments2022-10-3109287083ns5:ShareCapital2023-10-3109287083ns5:ShareCapital2022-10-3109287083ns5:RetainedEarningsAccumulatedLosses2023-10-3109287083ns5:RetainedEarningsAccumulatedLosses2022-10-3109287083ns5:PlantMachinery2022-11-012023-10-3109287083ns5:FurnitureFittings2022-11-012023-10-3109287083ns5:MotorVehicles2022-11-012023-10-3109287083ns5:ComputerEquipment2022-11-012023-10-3109287083ns5:PlantMachinery2022-10-3109287083ns5:FurnitureFittings2022-10-3109287083ns5:MotorVehicles2022-10-3109287083ns5:ComputerEquipment2022-10-3109287083ns5:PlantMachinery2023-10-3109287083ns5:FurnitureFittings2023-10-3109287083ns5:MotorVehicles2023-10-3109287083ns5:ComputerEquipment2023-10-3109287083ns5:PlantMachinery2022-10-3109287083ns5:FurnitureFittings2022-10-3109287083ns5:MotorVehicles2022-10-3109287083ns5:ComputerEquipment2022-10-3109287083ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-10-3109287083ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-10-3109287083ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2023-10-3109287083ns5:Non-currentFinancialInstrumentsns5:MoreThanFiveYears2022-10-3109287083ns5:DeferredTaxation2022-10-3109287083ns5:DeferredTaxation2022-11-012023-10-3109287083ns5:DeferredTaxation2023-10-3109287083ns5:RetainedEarningsAccumulatedLosses2022-10-3109287083ns5:RetainedEarningsAccumulatedLosses2022-11-012023-10-31
REGISTERED NUMBER: 09287083 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 October 2023

for

S'Mores Limited

S'Mores Limited (Registered number: 09287083)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


S'Mores Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: Mrs H V Kelly
Mr C Kelly





REGISTERED OFFICE: Pollen Bakery
Cotton Field Wharf
8 New Union Street
Manchester
M4 6FQ





REGISTERED NUMBER: 09287083 (England and Wales)





ACCOUNTANTS: Versatile Accountancy Services Ltd
The Old Printworks
65 Church Street
Littleborough
Lancashire
OL15 8AB

S'Mores Limited (Registered number: 09287083)

Statement of Financial Position
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Property, plant and equipment 4 349,922 384,540

CURRENT ASSETS
Inventories 5 20,750 12,000
Debtors 6 36,630 47,197
Cash at bank 154,772 21,159
212,152 80,356
CREDITORS
Amounts falling due within one year 7 307,818 223,935
NET CURRENT LIABILITIES (95,666 ) (143,579 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

254,256

240,961

CREDITORS
Amounts falling due after more than
one year

8

(45,807

)

(125,256

)

PROVISIONS FOR LIABILITIES 9 (65,857 ) (72,296 )
NET ASSETS 142,592 43,409

S'Mores Limited (Registered number: 09287083)

Statement of Financial Position - continued
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 10 142,392 43,209
SHAREHOLDERS' FUNDS 142,592 43,409

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.

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 31 July 2024 and were signed on its behalf by:





Mrs H V Kelly - Director


S'Mores Limited (Registered number: 09287083)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

S'Mores 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.

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

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 - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 15% on reducing balance

Stocks
Inventories 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 statement of financial position date.


S'Mores Limited (Registered number: 09287083)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 58 (2022 - 28 ) .

S'Mores Limited (Registered number: 09287083)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 November 2022 46,215 404,134 14,999 4,580 469,928
Additions - 14,919 - 1,810 16,729
Disposals (2,315 ) (1,623 ) - (1,164 ) (5,102 )
At 31 October 2023 43,900 417,430 14,999 5,226 481,555
DEPRECIATION
At 1 November 2022 22,331 55,677 6,562 818 85,388
Charge for year 3,450 42,612 2,109 402 48,573
Eliminated on disposal (1,428 ) (788 ) - (112 ) (2,328 )
At 31 October 2023 24,353 97,501 8,671 1,108 131,633
NET BOOK VALUE
At 31 October 2023 19,547 319,929 6,328 4,118 349,922
At 31 October 2022 23,884 348,457 8,437 3,762 384,540

5. INVENTORIES
31.10.23 31.10.22
£    £   
Finished goods 20,750 12,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.10.23 31.10.22
£    £   
Trade debtors 19,572 27,988
Other debtors 12,157 12,157
Prepayments and accrued income 4,901 7,052
36,630 47,197

S'Mores Limited (Registered number: 09287083)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE
YEAR
31.10.23 31.10.22
£    £   
Other loans 62,866 21,034
Hire purchase contracts 14,467 15,775
Trade creditors 124,444 109,294
Tax 41,793 10,681
Social security and other taxes 28,005 47,161
VAT 7,650 4,641
Other creditors 16,143 2,150
Directors' loan accounts 512 727
Accrued expenses 11,938 12,472
307,818 223,935

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE
THAN ONE YEAR
31.10.23 31.10.22
£    £   
Bounce Back loan 41,149 47,149
Other loans - 2-5 years - 62,866
Hire purchase contracts 4,658 15,241
45,807 125,256

9. PROVISIONS FOR LIABILITIES
31.10.23 31.10.22
£    £   
Deferred tax 65,857 72,296

Deferred
tax
£   
Balance at 1 November 2022 72,296
Provided during year (6,439 )
Balance at 31 October 2023 65,857

S'Mores Limited (Registered number: 09287083)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

10. RESERVES
Retained
earnings
£   

At 1 November 2022 43,209
Profit for the year 199,183
Dividends (100,000 )
At 31 October 2023 142,392