Company Registration No. 07081579 (England and Wales)
C L Catering (Midlands) Ltd
Unaudited accounts
for the year ended 30 November 2023
C L Catering (Midlands) Ltd
Unaudited accounts
Contents
C L Catering (Midlands) Ltd
Company Information
for the year ended 30 November 2023
Director
Carl Anthony Luke
Company Number
07081579 (England and Wales)
Registered Office
30 LODGE ROAD
BRERETON
RUGELEY
STAFFORDSHIRE
WS15 1HG
Accountants
MBH Accounts Services Ltd
30 Lodge Road
Brereton
Rugeley
Staffordshire
WS15 1HG
C L Catering (Midlands) Ltd
Statement of financial position
as at 30 November 2023
Intangible assets
27,128
32,554
Tangible assets
9,396
12,529
Cash at bank and in hand
8,097
4,807
Creditors: amounts falling due within one year
(43,943)
(89,577)
Net current liabilities
(27,770)
(74,535)
Total assets less current liabilities
8,754
(29,452)
Creditors: amounts falling due after more than one year
(99,222)
(45,218)
Net liabilities
(90,468)
(74,670)
Called up share capital
2
2
Profit and loss account
(90,470)
(74,672)
Shareholders' funds
(90,468)
(74,670)
For the year ending 30 November 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 29 February 2024 and were signed on its behalf by
Carl Anthony Luke
Director
Company Registration No. 07081579
C L Catering (Midlands) Ltd
Notes to the Accounts
for the year ended 30 November 2023
C L Catering (Midlands) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07081579. The registered office is 30 LODGE ROAD, BRERETON, RUGELEY, STAFFORDSHIRE, WS15 1HG.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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 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.
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.
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.
C L Catering (Midlands) Ltd
Notes to the Accounts
for the year ended 30 November 2023
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
25% Reducing Balance Basis
Motor vehicles
25% Reducing Balance Basis
Fixtures & fittings
25% Reducing Balance Basis
Computer equipment
25% Reducing Balance Basis
4
Intangible fixed assets
Goodwill
At 30 November 2023
64,258
At 30 November 2023
37,130
At 30 November 2023
27,128
At 30 November 2022
32,554
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 December 2022
32,318
5,000
2,875
1,374
41,567
At 30 November 2023
32,318
5,000
2,875
1,374
41,567
At 1 December 2022
22,294
2,852
2,588
1,304
29,038
Charge for the year
2,520
403
140
70
3,133
At 30 November 2023
24,814
3,255
2,728
1,374
32,171
At 30 November 2023
7,504
1,745
147
-
9,396
At 30 November 2022
10,024
2,148
287
70
12,529
Amounts falling due within one year
Accrued income and prepayments
422
906
C L Catering (Midlands) Ltd
Notes to the Accounts
for the year ended 30 November 2023
7
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
6,000
6,000
Trade creditors
8,698
37,025
Taxes and social security
13,760
22,917
Loans from directors
14,100
21,221
8
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
32,000
7,100
Taxes and social security
(2,258)
-
9
Average number of employees
During the year the average number of employees was 18 (2022: 18).