2023-02-012024-01-312024-01-31false04933623A & B Catering Limited2024-09-1656101iso4217:GBPxbrli:pure049336232023-02-01049336232024-01-31049336232023-02-012024-01-31049336232022-02-01049336232023-01-31049336232022-02-012023-01-3104933623bus:SmallEntities2023-02-012024-01-3104933623bus:AuditExempt-NoAccountantsReport2023-02-012024-01-3104933623bus:FullAccounts2023-02-012024-01-3104933623bus:PrivateLimitedCompanyLtd2023-02-012024-01-3104933623core:WithinOneYear2024-01-3104933623core:AfterOneYear2024-01-3104933623core:WithinOneYear2023-01-3104933623core:AfterOneYear2023-01-3104933623core:ShareCapital2024-01-3104933623core:SharePremium2024-01-3104933623core:RevaluationReserve2024-01-3104933623core:OtherReservesSubtotal2024-01-3104933623core:RetainedEarningsAccumulatedLosses2024-01-3104933623core:ShareCapital2023-01-3104933623core:SharePremium2023-01-3104933623core:RevaluationReserve2023-01-3104933623core:OtherReservesSubtotal2023-01-3104933623core:RetainedEarningsAccumulatedLosses2023-01-3104933623core:LandBuildings2024-01-3104933623core:PlantMachinery2024-01-3104933623core:Vehicles2024-01-3104933623core:FurnitureFittings2024-01-3104933623core:OfficeEquipment2024-01-3104933623core:NetGoodwill2024-01-3104933623core:IntangibleAssetsOtherThanGoodwill2024-01-3104933623core:ListedExchangeTraded2024-01-3104933623core:UnlistedNon-exchangeTraded2024-01-3104933623core:LandBuildings2023-01-3104933623core:PlantMachinery2023-01-3104933623core:Vehicles2023-01-3104933623core:FurnitureFittings2023-01-3104933623core:OfficeEquipment2023-01-3104933623core:NetGoodwill2023-01-3104933623core:IntangibleAssetsOtherThanGoodwill2023-01-3104933623core:ListedExchangeTraded2023-01-3104933623core:UnlistedNon-exchangeTraded2023-01-3104933623core:LandBuildings2023-02-012024-01-3104933623core:PlantMachinery2023-02-012024-01-3104933623core:Vehicles2023-02-012024-01-3104933623core:FurnitureFittings2023-02-012024-01-3104933623core:OfficeEquipment2023-02-012024-01-3104933623core:NetGoodwill2023-02-012024-01-3104933623core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3104933623core:ListedExchangeTraded2023-02-012024-01-3104933623core:UnlistedNon-exchangeTraded2023-02-012024-01-3104933623core:MoreThanFiveYears2023-02-012024-01-3104933623core:Non-currentFinancialInstruments2024-01-3104933623core:Non-currentFinancialInstruments2023-01-3104933623dpl:CostSales2023-02-012024-01-3104933623dpl:DistributionCosts2023-02-012024-01-3104933623core:LandBuildings2023-02-012024-01-3104933623core:PlantMachinery2023-02-012024-01-3104933623core:Vehicles2023-02-012024-01-3104933623core:FurnitureFittings2023-02-012024-01-3104933623core:OfficeEquipment2023-02-012024-01-3104933623dpl:AdministrativeExpenses2023-02-012024-01-3104933623core:NetGoodwill2023-02-012024-01-3104933623core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-3104933623dpl:GroupUndertakings2023-02-012024-01-3104933623dpl:ParticipatingInterests2023-02-012024-01-3104933623dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-3104933623core:ListedExchangeTraded2023-02-012024-01-3104933623dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-3104933623core:UnlistedNon-exchangeTraded2023-02-012024-01-3104933623dpl:CostSales2022-02-012023-01-3104933623dpl:DistributionCosts2022-02-012023-01-3104933623core:LandBuildings2022-02-012023-01-3104933623core:PlantMachinery2022-02-012023-01-3104933623core:Vehicles2022-02-012023-01-3104933623core:FurnitureFittings2022-02-012023-01-3104933623core:OfficeEquipment2022-02-012023-01-3104933623dpl:AdministrativeExpenses2022-02-012023-01-3104933623core:NetGoodwill2022-02-012023-01-3104933623core:IntangibleAssetsOtherThanGoodwill2022-02-012023-01-3104933623dpl:GroupUndertakings2022-02-012023-01-3104933623dpl:ParticipatingInterests2022-02-012023-01-3104933623dpl:GroupUndertakingscore:ListedExchangeTraded2022-02-012023-01-3104933623core:ListedExchangeTraded2022-02-012023-01-3104933623dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-02-012023-01-3104933623core:UnlistedNon-exchangeTraded2022-02-012023-01-3104933623core:NetGoodwill2024-01-3104933623core:IntangibleAssetsOtherThanGoodwill2024-01-3104933623core:LandBuildings2024-01-3104933623core:PlantMachinery2024-01-3104933623core:Vehicles2024-01-3104933623core:FurnitureFittings2024-01-3104933623core:OfficeEquipment2024-01-3104933623core:AfterOneYear2024-01-3104933623core:WithinOneYear2024-01-3104933623core:ListedExchangeTraded2024-01-3104933623core:UnlistedNon-exchangeTraded2024-01-3104933623core:ShareCapital2024-01-3104933623core:SharePremium2024-01-3104933623core:RevaluationReserve2024-01-3104933623core:OtherReservesSubtotal2024-01-3104933623core:RetainedEarningsAccumulatedLosses2024-01-3104933623core:NetGoodwill2023-01-3104933623core:IntangibleAssetsOtherThanGoodwill2023-01-3104933623core:LandBuildings2023-01-3104933623core:PlantMachinery2023-01-3104933623core:Vehicles2023-01-3104933623core:FurnitureFittings2023-01-3104933623core:OfficeEquipment2023-01-3104933623core:AfterOneYear2023-01-3104933623core:WithinOneYear2023-01-3104933623core:ListedExchangeTraded2023-01-3104933623core:UnlistedNon-exchangeTraded2023-01-3104933623core:ShareCapital2023-01-3104933623core:SharePremium2023-01-3104933623core:RevaluationReserve2023-01-3104933623core:OtherReservesSubtotal2023-01-3104933623core:RetainedEarningsAccumulatedLosses2023-01-3104933623core:NetGoodwill2022-02-0104933623core:IntangibleAssetsOtherThanGoodwill2022-02-0104933623core:LandBuildings2022-02-0104933623core:PlantMachinery2022-02-0104933623core:Vehicles2022-02-0104933623core:FurnitureFittings2022-02-0104933623core:OfficeEquipment2022-02-0104933623core:AfterOneYear2022-02-0104933623core:WithinOneYear2022-02-0104933623core:ListedExchangeTraded2022-02-0104933623core:UnlistedNon-exchangeTraded2022-02-0104933623core:ShareCapital2022-02-0104933623core:SharePremium2022-02-0104933623core:RevaluationReserve2022-02-0104933623core:OtherReservesSubtotal2022-02-0104933623core:RetainedEarningsAccumulatedLosses2022-02-0104933623core:AfterOneYear2023-02-012024-01-3104933623core:WithinOneYear2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-3104933623core:Non-currentFinancialInstrumentscore:CostValuation2024-01-3104933623core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-3104933623core:Non-currentFinancialInstrumentscore:CostValuation2023-01-3104933623core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-3104933623core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-3104933623bus:Director12023-02-012024-01-31

A & B Catering Limited

Registered Number
04933623
(England and Wales)

Unaudited Financial Statements for the Year ended
31 January 2024

A & B Catering Limited
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

Bernadette Mary Dunne

Company Secretary

Bernadette Mary Dunne

Registered Address

Unit 7b Lakeland Business Park
Lamplugh Road
Cockermouth
CA13 0QT

Registered Number

04933623 (England and Wales)
A & B Catering Limited
Statement of Financial Position
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets431,59331,593
Tangible assets53,3621,359
34,95532,952
Current assets
Stocks71,8501,850
Debtors-112
Cash at bank and on hand17,43032,713
19,28034,675
Creditors amounts falling due within one year8(21,710)(33,897)
Net current assets (liabilities)(2,430)778
Total assets less current liabilities32,52533,730
Net assets32,52533,730
Capital and reserves
Called up share capital100100
Profit and loss account32,42533,630
Shareholders' funds32,52533,730
The financial statements were approved and authorised for issue by the Director on 16 September 2024, and are signed on its behalf by:
Bernadette Mary Dunne
Director
Registered Company No. 04933623
A & B Catering Limited
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Judgements and key sources of estimation uncertainty
In the application of the company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. These critical accounting judgements and estimations are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates. The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of the revision and future periods if the revision affects both current and future periods. The critical judgements made by management that have a significant effect on the amounts recognised in the financial statements are described below.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Revenue from rendering of services
Revenue 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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
Employee benefits
Short-term employee benefits are measured at the undiscounted amount expected to be paid in exchange for the employee's services to the company. Where employees have accrued short-term benefits which the entity has not paid by the balance sheet date, an accrual is recognised within creditors: amounts falling due within one year together with an associated expense in profit or loss. The liabilities are classified as current obligations in the statement of financial position because they are expected to be settled wholly within twelve months after the end of the period.
Current taxation
Current tax is recognised in profit or loss, except for taxes related to revaluations of land and buildings which are recognised in other comprehensive income. Current tax represents the amount of tax payable (receivable) in respect of taxable profit (loss) for the current, or past, reporting periods. Current tax is measured at the amount expected to be paid (recovered) using the tax rates and laws which have been enacted, or substantively enacted, by the balance sheet date. Where payments to HM Revenue and Customs exceed liabilities owed, an asset is recognised to the extent of the amount of tax recoverable.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Reducing balance (%)
Plant and machinery25
Stocks and work in progress
Stock is valued at the lower of cost and estimated selling price less costs to complete and sell. The cost methodology employed by the entity is the first-in first-out method. Estimated selling price less costs to complete and sell are derived from the selling price which the goods would fetch in an open market transaction with established customers less the costs expected to be incurred to enable the sale to complete. Provision is made for slow-moving and obsolete items of stock. Such provisions are recognised in profit or loss. Work in progress is valued using the percentage of completion method and values are calculated using the lower of cost and estimated selling price less costs to complete and sell. When stocks are sold, the carrying amount of those stocks is recognised as an expense within cost of sales. This takes place in the same period that the associated revenue is recognised.
Trade and other debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Cash and cash equivalents
Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less. Bank overdrafts are disclosed separately. For the purpose of the cash flow statement, bank overdrafts form an integral part of the company's cash management and are included as a component of cash and cash equivalents.
Trade and other creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
2.Average number of employees

20242023
Average number of employees during the year107
3.Deferred tax
Increases in the UK Corporation tax rate from 19% to 25% (19% effective from 1 April 2017, and 25% effective from 1 April 2023) have been substantively enacted. This will impact the company's future tax charge accordingly. The value of the deferred tax assets at the balance sheet date has been calculated using the applicable rate when the asset is expected to be realised.
4.Intangible assets
The 'Other' intangible asset has not been amortised due to the current value being considered the fair value by the company director.

Goodwill

Other

Total

£££
Cost or valuation
At 01 February 235,00031,59336,593
At 31 January 245,00031,59336,593
Amortisation and impairment
At 01 February 235,000-5,000
At 31 January 245,000-5,000
Net book value
At 31 January 24-31,59331,593
At 31 January 23-31,59331,593
5.Tangible fixed assets

Plant & machinery

Total

££
Cost or valuation
At 01 February 2349,92449,924
Additions2,5632,563
At 31 January 2452,48752,487
Depreciation and impairment
At 01 February 2348,56548,565
Charge for year560560
At 31 January 2449,12549,125
Net book value
At 31 January 243,3623,362
At 31 January 231,3591,359
6.Impairment of tangible fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
7.Stocks

2024

2023

££
Other stocks1,8501,850
Total1,8501,850
8.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables4,1823,320
Bank borrowings and overdrafts-9,691
Taxation and social security7,2766,734
Other creditors10,25214,152
Total21,71033,897