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REGISTERED NUMBER: 07225338 (England and Wales)










Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Cupcakes Catering Limited

Cupcakes Catering Limited (Registered number: 07225338)






Contents of the Financial Statements
for the Year Ended 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Cupcakes Catering Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Miss C E Cardinal





REGISTERED OFFICE: Ditchford Bank Road
Hanbury
Worcestershire
B60 4HS





REGISTERED NUMBER: 07225338 (England and Wales)





ACCOUNTANTS: Attwoods
Chartered Certified Accountants
182 Worcester Road
Bromsgrove
Worcestershire
B61 7AZ

Cupcakes Catering Limited (Registered number: 07225338)

Balance Sheet
31 March 2024

31.3.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 66,518 82,647

CURRENT ASSETS
Stocks 9,000 9,000
Debtors 5 101,050 114,678
Cash at bank 26,025 3,327
136,075 127,005
CREDITORS
Amounts falling due within one year 6 163,379 144,067
NET CURRENT LIABILITIES (27,304 ) (17,062 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

39,214

65,585

CREDITORS
Amounts falling due after more than one
year

7

38,200

65,410
NET ASSETS 1,014 175

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 914 75
SHAREHOLDERS' FUNDS 1,014 175

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Cupcakes Catering Limited (Registered number: 07225338)

Balance Sheet - continued
31 March 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 director and authorised for issue on 5 August 2024 and were signed by:





Miss C E Cardinal - Director


Cupcakes Catering Limited (Registered number: 07225338)

Notes to the Financial Statements
for the Year Ended 31 March 2024

1. STATUTORY INFORMATION

Cupcakes Catering 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
Turnover 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Fixtures and fittings - 10% on cost
Motor vehicles - 20% on reducing balance
Computer equipment - 33% on cost

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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Cupcakes Catering Limited (Registered number: 07225338)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

2. ACCOUNTING POLICIES - continued

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 18 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 April 2023 88,991 80,080 2,098 171,169
Additions 4,411 13,695 - 18,106
Disposals - (22,900 ) - (22,900 )
At 31 March 2024 93,402 70,875 2,098 166,375
DEPRECIATION
At 1 April 2023 60,251 26,752 1,519 88,522
Charge for year 7,176 10,231 340 17,747
Eliminated on disposal - (6,412 ) - (6,412 )
At 31 March 2024 67,427 30,571 1,859 99,857
NET BOOK VALUE
At 31 March 2024 25,975 40,304 239 66,518
At 31 March 2023 28,740 53,328 579 82,647

Cupcakes Catering Limited (Registered number: 07225338)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts and finance leases are as follows:
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 April 2023 14,166 58,090 72,256
Additions - 9,695 9,695
Disposals - (22,900 ) (22,900 )
At 31 March 2024 14,166 44,885 59,051
DEPRECIATION
At 1 April 2023 7,511 15,342 22,853
Charge for year 826 7,848 8,674
Eliminated on disposal - (6,412 ) (6,412 )
At 31 March 2024 8,337 16,778 25,115
NET BOOK VALUE
At 31 March 2024 5,829 28,107 33,936
At 31 March 2023 6,655 42,748 49,403

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Trade debtors 88,859 94,551
Other debtors 12,191 20,127
101,050 114,678

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.24 31.3.23
£    £   
Bank loans and overdrafts 46,213 38,026
Hire purchase contracts and finance leases 9,066 12,953
Trade creditors 74,715 47,068
Amounts owed to group undertakings - 9,038
Taxation and social security 23,918 21,833
Other creditors 9,467 15,149
163,379 144,067

Cupcakes Catering Limited (Registered number: 07225338)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2024

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.24 31.3.23
£    £   
Bank loans 24,430 37,987
Hire purchase contracts and finance leases 13,770 27,423
38,200 65,410

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

31.3.24 31.3.23
£    £   
Miss C E Cardinal
Balance outstanding at start of year 15,118 8,985
Amounts advanced - 146,418
Amounts repaid (15,118 ) (140,285 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - 15,118