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REGISTERED NUMBER: 14708187 (England and Wales)














Unaudited Financial Statements

for the Period 6 March 2023 to 31 March 2024

for

Simmer And Slice Ltd

Simmer And Slice Ltd (Registered number: 14708187)






Contents of the Financial Statements
for the Period 6 March 2023 to 31 March 2024




Page

Balance Sheet 1

Notes to the Financial Statements 2


Simmer And Slice Ltd (Registered number: 14708187)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 50,201
Tangible assets 5 11,779
61,980

CURRENT ASSETS
Stocks 63,236
Debtors 6 3,230
Cash at bank and in hand 26,271
92,737
CREDITORS
Amounts falling due within one year 7 33,443
NET CURRENT ASSETS 59,294
TOTAL ASSETS LESS CURRENT LIABILITIES 121,274

CREDITORS
Amounts falling due after more than one year 8 119,999
NET ASSETS 1,275

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings 1,274
SHAREHOLDERS' FUNDS 1,275

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period 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.

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 7 October 2024 and were signed by:





P Shelley - Director


Simmer And Slice Ltd (Registered number: 14708187)

Notes to the Financial Statements
for the Period 6 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Simmer And Slice Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 14708187

Registered office: Unit 13 & 14 Crabtree Close
Fenton Industrial Estate
Stoke-On-Trent
Staffordshire
ST4 2SW

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Revenue is recognised as the company becomes entitled to consideration for the goods supplied.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 25% on reducing balance
Computer equipment - 33% on cost

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 period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

Simmer And Slice Ltd (Registered number: 14708187)

Notes to the Financial Statements - continued
for the Period 6 March 2023 to 31 March 2024

2. ACCOUNTING POLICIES - continued

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 period was 3 .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
Additions 52,843
At 31 March 2024 52,843
AMORTISATION
Amortisation for period 2,642
At 31 March 2024 2,642
NET BOOK VALUE
At 31 March 2024 50,201

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
fittings equipment Totals
£    £    £   
COST
Additions 11,949 1,298 13,247
At 31 March 2024 11,949 1,298 13,247
DEPRECIATION
Charge for period 1,468 - 1,468
At 31 March 2024 1,468 - 1,468
NET BOOK VALUE
At 31 March 2024 10,481 1,298 11,779

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 1,743
Other debtors 1,487
3,230

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade creditors 18,848
Amounts owed to group undertakings 6,703
Taxation and social security 610
Other creditors 7,282
33,443

Simmer And Slice Ltd (Registered number: 14708187)

Notes to the Financial Statements - continued
for the Period 6 March 2023 to 31 March 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
£   
Amounts owed to group undertakings 119,999

9. OTHER FINANCIAL COMMITMENTS

At 31 March 2024, the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £133,029.

10. ULTIMATE CONTROLLING PARTY

The controlling party is Two Feet Forward Limited.

The ultimate controlling party is P Shelley.