Company Registration No. 10590180 (England and Wales)
The London Kitchen Co. Ltd
Unaudited accounts
for the year ended 31 January 2024
The London Kitchen Co. Ltd
Unaudited accounts
Contents
The London Kitchen Co. Ltd
Company Information
for the year ended 31 January 2024
Director
Sebastian David Aronowitz
Company Number
10590180 (England and Wales)
Registered Office
40 William Road
Ashford
Kent
TN23 7UU
Accountants
SH Accounting Solutions Ltd
Office 1, 319a Holdenhurst Road
Bournemouth
BH8 8BT
The London Kitchen Co. Ltd
Statement of financial position
as at 31 January 2024
Tangible assets
9,040
11,711
Cash at bank and in hand
27,842
13,285
Creditors: amounts falling due within one year
(31,245)
(10,459)
Net current assets
14,678
14,075
Total assets less current liabilities
23,718
25,786
Creditors: amounts falling due after more than one year
(13,067)
(22,867)
Provisions for liabilities
Deferred tax
(1,718)
(2,225)
Called up share capital
1
1
Profit and loss account
8,932
693
Shareholders' funds
8,933
694
For the year ending 31 January 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 16 October 2024 and were signed on its behalf by
Sebastian David Aronowitz
Director
Company Registration No. 10590180
The London Kitchen Co. Ltd
Notes to the Accounts
for the year ended 31 January 2024
The London Kitchen Co. Ltd is a private company, limited by shares, registered in England and Wales, registration number 10590180. The registered office is 40 William Road, Ashford, Kent, TN23 7UU.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% straight line method
Motor vehicles
20% reducing balance method
Computer equipment
25% straight line method
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The London Kitchen Co. Ltd
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 February 2023
2,531
12,883
3,299
18,713
At 31 January 2024
2,531
12,883
3,299
18,713
At 1 February 2023
1,817
4,122
1,063
7,002
Charge for the year
232
1,752
687
2,671
At 31 January 2024
2,049
5,874
1,750
9,673
At 31 January 2024
482
7,009
1,549
9,040
At 31 January 2023
714
8,761
2,236
11,711
Amounts falling due within one year
Accrued income and prepayments
9,957
-
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
9,800
9,800
Taxes and social security
11,234
416
7
Creditors: amounts falling due after more than one year
2024
2023
8
Transactions with related parties
During the year the company made the following related party transactions
Director
During the year the director received loans of £19,356 and repaid £24,510. At the balance sheet date the amount owed from the company to the director was £52 (2023 - £5,102).
The London Kitchen Co. Ltd
Notes to the Accounts
for the year ended 31 January 2024
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).