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Company Registration No. 04027289 (England and Wales)
Chipping Sodbury Kitchens Limited Unaudited accounts for the year ended 30 April 2024
Chipping Sodbury Kitchens Limited Unaudited accounts Contents
Page
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Chipping Sodbury Kitchens Limited Company Information for the year ended 30 April 2024
Director
L R Holloway
Company Number
04027289 (England and Wales)
Registered Office
400 GLOUCESTER ROAD HORFIELD BRISTOL AVON BS7 8TR
Accountants
Evans Entwistle 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA
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Chartered Management Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Chipping Sodbury Kitchens Limited for the year ended 30 April 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Chipping Sodbury Kitchens Limited for the year ended 30 April 2024 which comprise of the Profit and Loss Account, the Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.
As a CIMA Registered Member in Practice and Practising Certificate holder, I am subject to its ethical and other professional requirements which are detailed at https://www.cimaglobal.com/Members/Your-Membership-Information/Members-handbook/Licensing-and-monitoring/Members-in-practice/
Our work has been undertaken in accordance with the requirements of the Chartered Institute of Management Accountants as detailed at http://www.cimaglobal.com.
Evans Entwistle Member in Practice 10 Fountain Court, Elm House New Leaze Bradley Stoke Bristol BS32 4LA 29 July 2024
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Chipping Sodbury Kitchens Limited Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
221,481 
222,114 
Current assets
Inventories
- 
20,843 
Debtors
19,393 
27,581 
Cash at bank and in hand
110,739 
142,497 
130,132 
190,921 
Creditors: amounts falling due within one year
(56,578)
(74,016)
Net current assets
73,554 
116,905 
Total assets less current liabilities
295,035 
339,019 
Creditors: amounts falling due after more than one year
(17,873)
(40,153)
Provisions for liabilities
Deferred tax
(259)
(379)
Net assets
276,903 
298,487 
Capital and reserves
Called up share capital
102 
102 
Profit and loss account
276,801 
298,385 
Shareholders' funds
276,903 
298,487 
For the year ending 30 April 2024 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 and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 6 August 2024 and were signed on its behalf by
L R Holloway Director Company Registration No. 04027289
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Chipping Sodbury Kitchens Limited Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
Chipping Sodbury Kitchens Limited is a private company, limited by shares, registered in England and Wales, registration number 04027289. The registered office is 400 GLOUCESTER ROAD, HORFIELD, BRISTOL, AVON, BS7 8TR.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
4 years straight line
Motor vehicles
4 years straight line
Fixtures & fittings
5 years straight line
Computer equipment
4 years straight line
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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Chipping Sodbury Kitchens Limited Notes to the Accounts for the year ended 30 April 2024
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At cost 
At 1 May 2023
220,121 
20,207 
78,554 
43,231 
16,306 
378,419 
At 30 April 2024
220,121 
20,207 
78,554 
43,231 
16,306 
378,419 
Depreciation
At 1 May 2023
- 
20,172 
78,554 
43,231 
14,348 
156,305 
Charge for the year
- 
35 
- 
- 
598 
633 
At 30 April 2024
- 
20,207 
78,554 
43,231 
14,946 
156,938 
Net book value
At 30 April 2024
220,121 
- 
- 
- 
1,360 
221,481 
At 30 April 2023
220,121 
35 
- 
- 
1,958 
222,114 
5
Inventories
2024 
2023 
£ 
£ 
Work in progress
- 
20,843 
- 
20,843 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,998 
27,581 
Accrued income and prepayments
4,795 
- 
Other debtors
600 
- 
19,393 
27,581 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
22,863 
36,586 
VAT
1,557 
6,239 
Trade creditors
3,401 
6,049 
Taxes and social security
2,385 
21,211 
Other creditors
- 
1,431 
Accruals
2,785 
2,500 
Deferred income
23,587 
- 
56,578 
74,016 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
11,785 
28,787 
Loans from directors
6,088 
11,366 
17,873 
40,153 
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Chipping Sodbury Kitchens Limited Notes to the Accounts for the year ended 30 April 2024
9
Deferred taxation
2024 
2023 
£ 
£ 
Accelerated capital allowances
259 
379 
2024 
2023 
£ 
£ 
Provision at start of year
379 
1,585 
Credited to the profit and loss account
(120)
(1,206)
Provision at end of year
259 
379 
10
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
102 Ordinary shares of £1 each
102 
102 
11
Average number of employees
During the year the average number of employees was 3 (2023: 4).
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