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REGISTERED NUMBER: 03919543 (England and Wales)

















Unaudited Financial Statements

for the Year Ended 31 March 2024

for

Cheshire Smokehouse Limited

Cheshire Smokehouse Limited (Registered number: 03919543)






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


Cheshire Smokehouse Limited

Company Information
for the Year Ended 31 March 2024







DIRECTOR: Mr D Ward





SECRETARY: Mrs J Ward





REGISTERED OFFICE: Vost Farm
Morley Green Road
Wilmslow
Cheshire
SK9 5NU





REGISTERED NUMBER: 03919543 (England and Wales)





ACCOUNTANTS: Sterling Partners Limited
Chartered Accountants
Chartered Tax Advisors
2nd Floor, Grove House
774-780 Wilmslow Road
Didsbury
Manchester
Greater Manchester
M20 2DR

Cheshire Smokehouse Limited (Registered number: 03919543)

Balance Sheet
31 March 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 199,776 178,362
199,776 178,362

CURRENT ASSETS
Stocks 6 143,243 173,015
Debtors 7 48,389 48,053
Cash at bank and in hand 498,879 464,219
690,511 685,287
CREDITORS
Amounts falling due within one year 8 (234,566 ) (225,298 )
NET CURRENT ASSETS 455,945 459,989
TOTAL ASSETS LESS CURRENT
LIABILITIES

655,721

638,351

PROVISIONS FOR LIABILITIES (49,892 ) (44,312 )
NET ASSETS 605,829 594,039

CAPITAL AND RESERVES
Called up share capital 125 125
Retained earnings 605,704 593,914
SHAREHOLDERS' FUNDS 605,829 594,039

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 his 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.

Cheshire Smokehouse Limited (Registered number: 03919543)

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 19 September 2024 and were signed by:





Mr D Ward - Director


Cheshire Smokehouse Limited (Registered number: 03919543)

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

1. STATUTORY INFORMATION

Cheshire Smokehouse 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.

Goodwill
Acquired goodwill is written off in equal instalments over its estimated useful economic life of 20 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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.
Freehold property improvements - 10% on reducing balance
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Computer equipment - 33% on reducing balance

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.

Cheshire Smokehouse Limited (Registered number: 03919543)

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

2. ACCOUNTING POLICIES - continued

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.

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 42 (2023 - 42 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 206,000
AMORTISATION
At 1 April 2023
and 31 March 2024 206,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

Cheshire Smokehouse Limited (Registered number: 03919543)

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

5. TANGIBLE FIXED ASSETS
Freehold Fixtures
property Plant and and Computer
improvements machinery fittings equipment Totals
£    £    £    £    £   
COST
At 1 April 2023 179,205 493,792 265,288 35,387 973,672
Additions 8,071 37,902 1,202 14,527 61,702
At 31 March 2024 187,276 531,694 266,490 49,914 1,035,374
DEPRECIATION
At 1 April 2023 170,479 364,559 232,623 27,649 795,310
Charge for year 1,679 26,108 5,080 7,421 40,288
At 31 March 2024 172,158 390,667 237,703 35,070 835,598
NET BOOK VALUE
At 31 March 2024 15,118 141,027 28,787 14,844 199,776
At 31 March 2023 8,726 129,233 32,665 7,738 178,362

Fixed assets, included in the above, which are held under finance leases are as follows:
Plant and
machinery
£   
COST
At 1 April 2023 24,608
Transfer to ownership (24,608 )
At 31 March 2024 -
DEPRECIATION
At 1 April 2023 14,227
Charge for year 2,596
Transfer to ownership (16,823 )
At 31 March 2024 -
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 10,381

6. STOCKS
2024 2023
£    £   
Stocks 143,243 173,015

Cheshire Smokehouse Limited (Registered number: 03919543)

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

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 31,065 28,698
Other debtors - 1,272
VAT 11,731 12,467
Prepayments 5,593 5,616
48,389 48,053

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Finance leases - 13,988
Trade creditors 135,971 128,343
Tax 69,033 60,637
Social security and other taxes 12,498 11,665
Pension liability 2,200 1,588
Credit card 7,832 4,009
Net wages 5,666 3,912
Accrued expenses 1,366 1,156
234,566 225,298

9. OTHER FINANCIAL COMMITMENTS

As at 31st March 2024 the company owed £322,500 (2023: £399,900) in respect of rental commitments.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Ward.