The Bertinet Kitchen Limited 04694175 false 2023-05-01 2023-12-31 2023-12-31 The principal activity of the company is bakery consultancy and cookery school. Digita Accounts Production Advanced 6.30.9574.0 true true 04694175 2023-05-01 2023-12-31 04694175 2023-12-31 04694175 core:CurrentFinancialInstruments 2023-12-31 04694175 core:CurrentFinancialInstruments core:WithinOneYear 2023-12-31 04694175 core:BetweenTwoFiveYears 2023-12-31 04694175 core:WithinOneYear 2023-12-31 04694175 core:FurnitureFittings 2023-12-31 04694175 core:LandBuildings core:ShortLeaseholdAssets 2023-12-31 04694175 bus:SmallEntities 2023-05-01 2023-12-31 04694175 bus:AuditExemptWithAccountantsReport 2023-05-01 2023-12-31 04694175 bus:FilletedAccounts 2023-05-01 2023-12-31 04694175 bus:SmallCompaniesRegimeForAccounts 2023-05-01 2023-12-31 04694175 bus:RegisteredOffice 2023-05-01 2023-12-31 04694175 bus:Director1 2023-05-01 2023-12-31 04694175 bus:PrivateLimitedCompanyLtd 2023-05-01 2023-12-31 04694175 core:FurnitureFittings 2023-05-01 2023-12-31 04694175 core:FurnitureFittingsToolsEquipment 2023-05-01 2023-12-31 04694175 core:LandBuildings core:ShortLeaseholdAssets 2023-05-01 2023-12-31 04694175 core:LeaseholdImprovements 2023-05-01 2023-12-31 04694175 1 2023-05-01 2023-12-31 04694175 countries:England 2023-05-01 2023-12-31 04694175 2023-04-30 04694175 core:FurnitureFittings 2023-04-30 04694175 core:LandBuildings core:ShortLeaseholdAssets 2023-04-30 04694175 2022-05-01 2023-04-30 04694175 2023-04-30 04694175 core:CurrentFinancialInstruments 2023-04-30 04694175 core:CurrentFinancialInstruments core:WithinOneYear 2023-04-30 04694175 core:BetweenTwoFiveYears 2023-04-30 04694175 core:WithinOneYear 2023-04-30 04694175 core:FurnitureFittings 2023-04-30 04694175 core:LandBuildings core:ShortLeaseholdAssets 2023-04-30 iso4217:GBP xbrli:pure

Registration number: 04694175

The Bertinet Kitchen Limited

Unaudited Filleted Financial Statements

for the Period from 1 May 2023 to 31 December 2023

 

The Bertinet Kitchen Limited

Contents

Statement of Financial Position

1 to 2

Notes to the Unaudited Financial Statements

3 to 7

 

The Bertinet Kitchen Limited

(Registration number: 04694175)
Statement of Financial Position as at 31 December 2023

Note

31 December
2023
£

30 April
2023
£

Fixed assets

 

Tangible assets

4

14,982

16,954

Current assets

 

Stocks

4,250

4,000

Debtors

5

32,203

34,921

Cash at bank and in hand

 

186,208

132,253

 

222,661

171,174

Creditors: Amounts falling due within one year

6

(170,596)

(119,009)

Net current assets

 

52,065

52,165

Total assets less current liabilities

 

67,047

69,119

Provisions for liabilities

(2,846)

(3,221)

Net assets

 

64,201

65,898

Capital and reserves

 

Called up share capital

150

150

Profit and loss account

64,051

65,748

Shareholders' funds

 

64,201

65,898

For the financial period ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of Comprehensive Income.

Approved and authorised by the director on 16 September 2024
 

 

The Bertinet Kitchen Limited

(Registration number: 04694175)
Statement of Financial Position as at 31 December 2023 (continued)


R X Bertinet
Director

 

The Bertinet Kitchen Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2023 to 31 December 2023

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
12 St Andrew's Terrace
Bath
Somerset
BA1 2QR
United Kingdom

Principal activity

The principal activity of the company is bakery consultancy and cookery school.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling which is the functional currency of the entity.

Disclosure of long or short period

The company has shortened its accounting period from April to December for administrative purposes.

Going concern

The financial statements have been prepared on a going concern basis.

 

The Bertinet Kitchen Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2023 to 31 December 2023 (continued)

2

Accounting policies (continued)

Judgements and key sources of estimation uncertainty

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

Accounting estimates and assumptions are made concerning the future and, by their nature, will rarely equal the related actual outcome.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Fixtures, fittings and equipment

20% reducing balance

Leasehold property improvements

over the term of the lease

 

The Bertinet Kitchen Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2023 to 31 December 2023 (continued)

2

Accounting policies (continued)

Impairment

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.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and in hand, demand deposits with banks, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value. In the statement of financial position, bank overdrafts are shown within borrowing or current liabilities

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Costs include all costs of purchase, costs of conversion and other costs incurred in bringing the stocks to their present location and condition. .

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

Financial instruments

Recognition and measurement
A financial asset or a financial liability is recognised only when the company becomes party to the contractual provisions of the instrument.

Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 9 (2023 - 10).

 

The Bertinet Kitchen Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2023 to 31 December 2023 (continued)

4

Tangible assets

Leasehold property improvements
£

Fixtures, fittings and equipment
£

Total
£

Cost or valuation

At 1 May 2023

40,588

102,700

143,288

Additions

-

333

333

At 31 December 2023

40,588

103,033

143,621

Depreciation

At 1 May 2023

40,588

85,746

126,334

Charge for the period

-

2,305

2,305

At 31 December 2023

40,588

88,051

128,639

Carrying amount

At 31 December 2023

-

14,982

14,982

At 30 April 2023

-

16,954

16,954

5

Debtors

31 December
2023
£

30 April
2023
£

Trade debtors

5,358

3,885

Other debtors

18,576

23,265

Prepayments

8,269

7,771

32,203

34,921

 

The Bertinet Kitchen Limited

Notes to the Unaudited Financial Statements for the Period from 1 May 2023 to 31 December 2023 (continued)

6

Creditors

Creditors: amounts falling due within one year

31 December
2023
£

30 April
2023
£

Due within one year

Trade creditors

6,035

11,954

Taxation and social security

25,911

15,229

Accruals and deferred income

92,496

80,324

Other creditors

46,154

11,502

170,596

119,009

7

Reserves

Profit and loss account:

This reserve records retained earnings and accumulated losses.

8

Obligations under leases and hire purchase contracts

Operating leases

The total of future minimum lease payments is as follows:

31 December
2023
£

30 April
2023
£

Not later than one year

23,000

23,000

Later than one year and not later than five years

17,185

32,515

40,185

55,515

The amount of non-cancellable operating lease payments recognised as an expense during the period was £15,330 (2023 - £23,000).