The Cured Beef Company. Ltd 11227377 false 2023-03-01 2024-02-29 2024-02-29 The principal activity of the company is the sale of cured meats. The company ceased trading in August 2022. The company reamins open to repay its creditors. Digita Accounts Production Advanced 6.30.9574.0 true 11227377 2023-03-01 2024-02-29 11227377 2024-02-29 11227377 bus:Director1 1 2024-02-29 11227377 core:CurrentFinancialInstruments 2024-02-29 11227377 core:CurrentFinancialInstruments core:WithinOneYear 2024-02-29 11227377 core:OfficeEquipment 2024-02-29 11227377 bus:SmallEntities 2023-03-01 2024-02-29 11227377 bus:AuditExemptWithAccountantsReport 2023-03-01 2024-02-29 11227377 bus:FilletedAccounts 2023-03-01 2024-02-29 11227377 bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 11227377 bus:RegisteredOffice 2023-03-01 2024-02-29 11227377 bus:Director1 2023-03-01 2024-02-29 11227377 bus:Director1 1 2023-03-01 2024-02-29 11227377 bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 11227377 core:OfficeEquipment 2023-03-01 2024-02-29 11227377 countries:EnglandWales 2023-03-01 2024-02-29 11227377 2023-02-28 11227377 bus:Director1 1 2023-02-28 11227377 core:OfficeEquipment 2023-02-28 11227377 2022-03-01 2023-02-28 11227377 2023-02-28 11227377 bus:Director1 1 2023-02-28 11227377 core:CurrentFinancialInstruments 2023-02-28 11227377 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 11227377 core:OfficeEquipment 2023-02-28 11227377 bus:Director1 1 2022-03-01 2023-02-28 11227377 bus:Director1 1 2022-02-28 iso4217:GBP xbrli:pure

Registration number: 11227377

The Cured Beef Company. Ltd

Unaudited Filleted Financial Statements

for the Year Ended 29 February 2024

 

The Cured Beef Company. Ltd

Contents

Balance Sheet

1

Notes to the Unaudited Financial Statements

2 to 4

 

The Cured Beef Company. Ltd

(Registration number: 11227377)
Balance Sheet as at 29 February 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

166

185

Current assets

 

Cash at bank and in hand

 

-

101

Creditors: Amounts falling due within one year

5

(8,365)

(7,505)

Net current liabilities

 

(8,365)

(7,404)

Net liabilities

 

(8,199)

(7,219)

Capital and reserves

 

Called up share capital

1

1

Retained earnings

(8,200)

(7,220)

Shareholders' deficit

 

(8,199)

(7,219)

For the financial year ending 29 February 2024 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 year 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 17 October 2024
 

.........................................
Mr Mark Muncer
Director

 

The Cured Beef Company. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

1

General information

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

The address of its registered office is:
Suite I Windrush Court
Abingdon Business Park
Abingdon
Oxfordshire
OX14 1SY
United Kingdom

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.

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 sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet 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

Office equipment

Reducing balance 10%

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, 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.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers.

 

The Cured Beef Company. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the Profit and Loss Account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2023 - 1).

4

Tangible assets

Office equipment
£

Total
£

Cost or valuation

At 1 March 2023

258

258

At 29 February 2024

258

258

Depreciation

At 1 March 2023

73

73

Charge for the year

19

19

At 29 February 2024

92

92

Carrying amount

At 29 February 2024

166

166

At 28 February 2023

185

185

 

The Cured Beef Company. Ltd

Notes to the Unaudited Financial Statements for the Year Ended 29 February 2024

5

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

6

182

30

Other creditors

 

8,183

7,475

 

8,365

7,505

6

Loans and borrowings

Current loans and borrowings

2024
£

2023
£

Bank overdrafts

182

30

7

Related party transactions

Transactions with the director

2024

At 1 March 2023
£

Advances to director
£

At 29 February 2024
£

Mr Mark Muncer

Transactions during the year

(4,875)

145

(4,730)

2023

At 1 March 2022
£

Advances to director
£

At 28 February 2023
£

Mr Mark Muncer

Transactions during the year

(5,058)

183

(4,875)