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Company Registration No. 08575769 (England and Wales)
Treatz Franchising Ltd Unaudited accounts for the year ended 30 June 2023
Treatz Franchising Ltd Unaudited accounts Contents
Page
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Treatz Franchising Ltd Company Information for the year ended 30 June 2023
Directors
M Khalil M I Monir
Company Number
08575769 (England and Wales)
Registered Office
Unit 19 Slough Business Park 94 Farnham Road Slough Berkshire SL1 3FQ England
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Treatz Franchising Ltd Statement of financial position as at 30 June 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
923,820 
884,602 
Current assets
Inventories
205,000 
200,000 
Debtors
801,996 
1,246,647 
Cash at bank and in hand
199,850 
80,427 
1,206,846 
1,527,074 
Creditors: amounts falling due within one year
(1,103,111)
(1,344,999)
Net current assets
103,735 
182,075 
Total assets less current liabilities
1,027,555 
1,066,677 
Creditors: amounts falling due after more than one year
(444,586)
(491,298)
Net assets
582,969 
575,379 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
582,869 
575,279 
Shareholders' funds
582,969 
575,379 
For the year ending 30 June 2023 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 directors acknowledge their 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 of Directors and authorised for issue on 31 August 2024 and were signed on its behalf by
M I Monir Director Company Registration No. 08575769
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Treatz Franchising Ltd Notes to the Accounts for the year ended 30 June 2023
1
Statutory information
Treatz Franchising Ltd is a private company, limited by shares, registered in England and Wales, registration number 08575769. The registered office is Unit 19 Slough Business Park, 94 Farnham Road, Slough, Berkshire, SL1 3FQ, England.
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.
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
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
20% reducing balance
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.
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.
Investment property
Investment property is included at market fair value. Gains are recognised in the income statement. Deferred taxation is provided on these gains at the rate expected to apply when the property is sold.
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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Treatz Franchising Ltd Notes to the Accounts for the year ended 30 June 2023
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term. Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Non-distributable reserve
Included within the total P&L reserve are non-distributable profits of £37,400 (2022: £37,400).
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 July 2022
587,122 
143,876 
280,404 
43,547 
1,054,949 
Additions
2,500 
3,332 
103,667 
18,327 
127,826 
At 30 June 2023
589,622 
147,208 
384,071 
61,874 
1,182,775 
Depreciation
At 1 July 2022
18,868 
87,136 
55,252 
9,091 
170,347 
Charge for the year
5,708 
12,014 
60,330 
10,556 
88,608 
At 30 June 2023
24,576 
99,150 
115,582 
19,647 
258,955 
Net book value
At 30 June 2023
565,046 
48,058 
268,489 
42,227 
923,820 
At 30 June 2022
568,254 
56,740 
225,152 
34,456 
884,602 
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Treatz Franchising Ltd Notes to the Accounts for the year ended 30 June 2023
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
17,999 
Trade debtors
531,158 
519,867 
Amounts due from group undertakings etc.
155,944 
375,585 
Accrued income and prepayments
5,859 
7,296 
Other debtors
109,035 
325,900 
801,996 
1,246,647 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
49,793 
5,556 
VAT
66,950 
- 
Obligations under finance leases and hire purchase contracts
31,689 
31,689 
Trade creditors
612,141 
578,811 
Amounts owed to group undertakings and other participating interests
158,850 
558,781 
Taxes and social security
61,610 
48,247 
Other creditors
60,233 
55,335 
Loans from directors
56,993 
64,080 
Accruals
4,852 
2,500 
1,103,111 
1,344,999 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
249,891 
296,603 
Obligations under finance leases and hire purchase contracts
194,695 
194,695 
444,586 
491,298 
8
Share capital
2023 
2022 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Transactions with related parties
Included in debtors due within one year are the amounts of £155,944 (2022: £299,768) owed by Sirocco Enterprise Ltd, £Nil (2022: £58,167) owed by Slik Foods Ltd and £nil (2022: £17,650) owed by Chipsta Slough Ltd. Included in creditors due within one year are the amounts of £Nil (2022: £nil) owed to Chipsta Slough Ltd, £48,246 (2022: £121,278) owed to Cafetreatz Reading Ltd, £110,604 (2022: £337,503) owed to Cafetreatz Ltd and £Nil (2022: £100,000) owed to Cafetreatz Slough. During the year dividends of £13,000 (2022: £39,000) were distributed equally to the directors. Included in other creditors due within one year are the amounts of £27,823 (2022: £31,367) and £29,170 (2022: £32,713) owed to Mr M Khalil & Mr M I Monir respectively.
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Treatz Franchising Ltd Notes to the Accounts for the year ended 30 June 2023
10
Controlling party
Both directors are regarded as controlling parties and as such there is no single ultimate controlling party for this and preceding period.
11
Average number of employees
During the year the average number of employees was 11 (2022: 11).
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