2023-01-012023-12-312023-12-31false05943002CONTRAST KITCHENS LIMITED2024-06-1231020iso4217:GBPxbrli:pure059430022023-01-01059430022023-12-31059430022023-01-012023-12-31059430022022-01-01059430022022-12-31059430022022-01-012022-12-3105943002bus:SmallEntities2023-01-012023-12-3105943002bus:AuditExempt-NoAccountantsReport2023-01-012023-12-3105943002bus:FullAccounts2023-01-012023-12-3105943002bus:PrivateLimitedCompanyLtd2023-01-012023-12-3105943002core:WithinOneYear2023-12-3105943002core:AfterOneYear2023-12-3105943002core:WithinOneYear2022-12-3105943002core:AfterOneYear2022-12-3105943002core:ShareCapital2023-12-3105943002core:SharePremium2023-12-3105943002core:RevaluationReserve2023-12-3105943002core:OtherReservesSubtotal2023-12-3105943002core:RetainedEarningsAccumulatedLosses2023-12-3105943002core:ShareCapital2022-12-3105943002core:SharePremium2022-12-3105943002core:RevaluationReserve2022-12-3105943002core:OtherReservesSubtotal2022-12-3105943002core:RetainedEarningsAccumulatedLosses2022-12-3105943002core:LandBuildings2023-12-3105943002core:PlantMachinery2023-12-3105943002core:Vehicles2023-12-3105943002core:FurnitureFittings2023-12-3105943002core:OfficeEquipment2023-12-3105943002core:NetGoodwill2023-12-3105943002core:IntangibleAssetsOtherThanGoodwill2023-12-3105943002core:ListedExchangeTraded2023-12-3105943002core:UnlistedNon-exchangeTraded2023-12-3105943002core:LandBuildings2022-12-3105943002core:PlantMachinery2022-12-3105943002core:Vehicles2022-12-3105943002core:FurnitureFittings2022-12-3105943002core:OfficeEquipment2022-12-3105943002core:NetGoodwill2022-12-3105943002core:IntangibleAssetsOtherThanGoodwill2022-12-3105943002core:ListedExchangeTraded2022-12-3105943002core:UnlistedNon-exchangeTraded2022-12-3105943002core:LandBuildings2023-01-012023-12-3105943002core:PlantMachinery2023-01-012023-12-3105943002core:Vehicles2023-01-012023-12-3105943002core:FurnitureFittings2023-01-012023-12-3105943002core:OfficeEquipment2023-01-012023-12-3105943002core:NetGoodwill2023-01-012023-12-3105943002core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105943002core:ListedExchangeTraded2023-01-012023-12-3105943002core:UnlistedNon-exchangeTraded2023-01-012023-12-3105943002core:MoreThanFiveYears2023-01-012023-12-3105943002core:Non-currentFinancialInstruments2023-12-3105943002core:Non-currentFinancialInstruments2022-12-3105943002dpl:CostSales2023-01-012023-12-3105943002dpl:DistributionCosts2023-01-012023-12-3105943002core:LandBuildings2023-01-012023-12-3105943002core:PlantMachinery2023-01-012023-12-3105943002core:Vehicles2023-01-012023-12-3105943002core:FurnitureFittings2023-01-012023-12-3105943002core:OfficeEquipment2023-01-012023-12-3105943002dpl:AdministrativeExpenses2023-01-012023-12-3105943002core:NetGoodwill2023-01-012023-12-3105943002core:IntangibleAssetsOtherThanGoodwill2023-01-012023-12-3105943002dpl:GroupUndertakings2023-01-012023-12-3105943002dpl:ParticipatingInterests2023-01-012023-12-3105943002dpl:GroupUndertakingscore:ListedExchangeTraded2023-01-012023-12-3105943002core:ListedExchangeTraded2023-01-012023-12-3105943002dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-01-012023-12-3105943002core:UnlistedNon-exchangeTraded2023-01-012023-12-3105943002dpl:CostSales2022-01-012022-12-3105943002dpl:DistributionCosts2022-01-012022-12-3105943002core:LandBuildings2022-01-012022-12-3105943002core:PlantMachinery2022-01-012022-12-3105943002core:Vehicles2022-01-012022-12-3105943002core:FurnitureFittings2022-01-012022-12-3105943002core:OfficeEquipment2022-01-012022-12-3105943002dpl:AdministrativeExpenses2022-01-012022-12-3105943002core:NetGoodwill2022-01-012022-12-3105943002core:IntangibleAssetsOtherThanGoodwill2022-01-012022-12-3105943002dpl:GroupUndertakings2022-01-012022-12-3105943002dpl:ParticipatingInterests2022-01-012022-12-3105943002dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-012022-12-3105943002core:ListedExchangeTraded2022-01-012022-12-3105943002dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-012022-12-3105943002core:UnlistedNon-exchangeTraded2022-01-012022-12-3105943002core:NetGoodwill2023-12-3105943002core:IntangibleAssetsOtherThanGoodwill2023-12-3105943002core:LandBuildings2023-12-3105943002core:PlantMachinery2023-12-3105943002core:Vehicles2023-12-3105943002core:FurnitureFittings2023-12-3105943002core:OfficeEquipment2023-12-3105943002core:AfterOneYear2023-12-3105943002core:WithinOneYear2023-12-3105943002core:ListedExchangeTraded2023-12-3105943002core:UnlistedNon-exchangeTraded2023-12-3105943002core:ShareCapital2023-12-3105943002core:SharePremium2023-12-3105943002core:RevaluationReserve2023-12-3105943002core:OtherReservesSubtotal2023-12-3105943002core:RetainedEarningsAccumulatedLosses2023-12-3105943002core:NetGoodwill2022-12-3105943002core:IntangibleAssetsOtherThanGoodwill2022-12-3105943002core:LandBuildings2022-12-3105943002core:PlantMachinery2022-12-3105943002core:Vehicles2022-12-3105943002core:FurnitureFittings2022-12-3105943002core:OfficeEquipment2022-12-3105943002core:AfterOneYear2022-12-3105943002core:WithinOneYear2022-12-3105943002core:Liste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CONTRAST KITCHENS LIMITED

Registered Number
05943002
(England and Wales)

Unaudited Financial Statements for the Year ended
31 December 2023

CONTRAST KITCHENS LIMITED
Company Information
for the year from 1 January 2023 to 31 December 2023

Directors

CARSON, Alexander
CARSON, Vivienne Antonine

Company Secretary

CARSON, Vivienne Antonine

Registered Address

James Watson House Montgomery Way
Rosehill Industrial Estate
Carlisle
CA1 2UU

Registered Number

05943002 (England and Wales)
CONTRAST KITCHENS LIMITED
Statement of Financial Position
31 December 2023

Notes

2023

2022

£

£

£

£

Fixed assets
Tangible assets347,28825,670
47,28825,670
Current assets
Stocks471,50046,500
Debtors531,61347,975
Cash at bank and on hand55,044115,571
158,157210,046
Creditors amounts falling due within one year6(178,985)(173,090)
Net current assets (liabilities)(20,828)36,956
Total assets less current liabilities26,46062,626
Creditors amounts falling due after one year7(14,167)(24,167)
Provisions for liabilities8(11,800)(6,400)
Net assets49332,059
Capital and reserves
Called up share capital200200
Profit and loss account29331,859
Shareholders' funds49332,059
The financial statements were approved and authorised for issue by the Board of Directors on 12 June 2024, and are signed on its behalf by:
CARSON, Alexander
Director
CARSON, Vivienne Antonine
Director

Registered Company No. 05943002
CONTRAST KITCHENS LIMITED
Notes to the Financial Statements
for the year ended 31 December 2023

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.
Basis of preparation
The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.
Employee benefits
The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
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.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Reducing balance (%)
Plant and machinery15
Vehicles25
Office Equipment25
Finance leases and hire purchase contracts
Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease. Payments made under operating leases are charged to the Income Statement on a straight line basis over the lease term.
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognized immediately in the Income Statement.
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.
Financial instruments
The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.
2.Average number of employees

20232022
Average number of employees during the year99
3.Tangible fixed assets

Plant & machinery

Vehicles

Office Equipment

Total

££££
Cost or valuation
At 01 January 239,25040,14895950,357
Additions-25,7502,36928,119
At 31 December 239,25065,8983,32878,476
Depreciation and impairment
At 01 January 234,22519,70276024,687
Charge for year7545,648996,501
At 31 December 234,97925,35085931,188
Net book value
At 31 December 234,27140,5482,46947,288
At 31 December 225,02520,44619925,670
4.Stocks

2023

2022

££
Raw materials and consumables71,50046,500
Total71,50046,500
5.Debtors: amounts due within one year

2023

2022

££
Trade debtors / trade receivables24,66019,353
Other debtors6,9531,745
Prepayments and accrued income-26,877
Total31,61347,975
6.Creditors: amounts due within one year

2023

2022

££
Trade creditors / trade payables124,01989,349
Bank borrowings and overdrafts10,00010,000
Taxation and social security6,35117,355
Other creditors361521
Accrued liabilities and deferred income38,25455,865
Total178,985173,090
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognized at transaction price net of any transaction costs and subsequently measured at amortized cost determined using the effective interest method.
7.Creditors: amounts due after one year

2023

2022

££
Bank borrowings and overdrafts14,16724,167
Total14,16724,167
8.Provisions for liabilities
The provision for deferred tax arises from accelerated capital allowances on fixed assets and is as follows:

2023

2022

££
Net deferred tax liability (asset)11,8006,400
Total11,8006,400
9.Pension commitments
The pension cost charge represents contributions payable by the company to the fund and amounted to £4,019 (2022 - £3,899).
10.Other commitments
At 31 December 2023 the company had future minimum lease payments under non-cancellable operating leases of £6,697 (2022 - £7,848)
11.Directors advances, credits and guarantees
On 1 January 2023 the Director owed the Company £1,744. During the period this director was advanced £55,709 and repaid £50,500. As at 31 December 2023 this Director owed the Company £6,953. No interest was charged on this loan, which is unsecured and repayable on demand.
12.Related party transactions
During the period the company operated from a property owned by the directors rent free (2022 - same).