Company Registration No. 10580578 (England and Wales)
Terrace Catering Limited
Unaudited accounts
for the year ended 31 December 2023
Terrace Catering Limited
Unaudited accounts
Contents
Terrace Catering Limited
Company Information
for the year ended 31 December 2023
Company Number
10580578 (England and Wales)
Registered Office
38 Lyndhurst Road
Bexleyheath
Kent
DA7 6DF
Accountants
Smith Kiew Partnership
38 Lyndhurst Road
Bexleyheath
Kent
DA7 6DF
Terrace Catering Limited
Statement of financial position
as at 31 December 2023
Tangible assets
14,590
22,428
Cash at bank and in hand
49,581
56,302
Creditors: amounts falling due within one year
(13,326)
(23,017)
Net current assets
37,256
34,286
Total assets less current liabilities
51,846
56,714
Creditors: amounts falling due after more than one year
(21,684)
(28,905)
Called up share capital
1
1
Profit and loss account
30,161
27,808
Shareholders' funds
30,162
27,809
For the year ending 31 December 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 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 18 April 2024 and were signed on its behalf by
Hackett C
Director
Company Registration No. 10580578
Terrace Catering Limited
Notes to the Accounts
for the year ended 31 December 2023
Terrace Catering Limited is a private company, limited by shares, registered in England and Wales, registration number 10580578. The registered office is 38 Lyndhurst Road, Bexleyheath, Kent, DA7 6DF.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 January 2023
7,126
28,496
35,622
At 31 December 2023
7,543
28,496
36,039
At 1 January 2023
3,970
9,224
13,194
Charge for the year
1,131
7,124
8,255
At 31 December 2023
5,101
16,348
21,449
At 31 December 2023
2,442
12,148
14,590
At 31 December 2022
3,156
19,272
22,428
Amounts falling due within one year
Terrace Catering Limited
Notes to the Accounts
for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
669
1,150
Loans from directors
12,657
21,867
7
Creditors: amounts falling due after more than one year
2023
2022
8
Average number of employees
During the year the average number of employees was 2 (2022: 3).