Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-282023-03-01falseNo description of principal activity225170truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 06377332 2023-03-01 2024-02-28 06377332 2022-03-01 2023-02-28 06377332 2024-02-28 06377332 2023-02-28 06377332 c:Director2 2023-03-01 2024-02-28 06377332 d:Buildings d:LongLeaseholdAssets 2023-03-01 2024-02-28 06377332 d:Buildings d:LongLeaseholdAssets 2024-02-28 06377332 d:Buildings d:LongLeaseholdAssets 2023-02-28 06377332 d:Buildings d:ShortLeaseholdAssets 2023-03-01 2024-02-28 06377332 d:PlantMachinery 2023-03-01 2024-02-28 06377332 d:PlantMachinery 2024-02-28 06377332 d:PlantMachinery 2023-02-28 06377332 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 06377332 d:MotorVehicles 2023-03-01 2024-02-28 06377332 d:MotorVehicles 2024-02-28 06377332 d:MotorVehicles 2023-02-28 06377332 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 06377332 d:FurnitureFittings 2023-03-01 2024-02-28 06377332 d:OfficeEquipment 2023-03-01 2024-02-28 06377332 d:OfficeEquipment 2024-02-28 06377332 d:OfficeEquipment 2023-02-28 06377332 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 06377332 d:ComputerEquipment 2023-03-01 2024-02-28 06377332 d:ComputerEquipment 2024-02-28 06377332 d:ComputerEquipment 2023-02-28 06377332 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 06377332 d:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 06377332 d:Goodwill 2024-02-28 06377332 d:Goodwill 2023-02-28 06377332 d:CurrentFinancialInstruments 2024-02-28 06377332 d:CurrentFinancialInstruments 2023-02-28 06377332 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 06377332 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 06377332 d:ShareCapital 2024-02-28 06377332 d:ShareCapital 2023-02-28 06377332 d:RetainedEarningsAccumulatedLosses 2024-02-28 06377332 d:RetainedEarningsAccumulatedLosses 2023-02-28 06377332 c:FRS102 2023-03-01 2024-02-28 06377332 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 06377332 c:FullAccounts 2023-03-01 2024-02-28 06377332 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 06377332 2 2023-03-01 2024-02-28 06377332 6 2023-03-01 2024-02-28 06377332 e:PoundSterling 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure

Registered number: 06377332









CAMBSCUISINE GROUP LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

 
CAMBSCUISINE GROUP LIMITED
REGISTERED NUMBER: 06377332

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,754,329
1,415,051

Investments
 5 
36,885
36,885

  
1,791,214
1,451,936

Current assets
  

Stocks
 6 
115,938
77,192

Debtors: amounts falling due within one year
 7 
207,890
121,714

Cash at bank and in hand
  
615,470
1,091,635

  
939,298
1,290,541

Creditors: amounts falling due within one year
 8 
(1,827,764)
(2,050,815)

Net current liabilities
  
 
 
(888,466)
 
 
(760,274)

Total assets less current liabilities
  
902,748
691,662

Provisions for liabilities
  

Deferred tax
  
(250,556)
(194,863)

  
 
 
(250,556)
 
 
(194,863)

Net assets
  
652,192
496,799


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
652,092
496,699

  
652,192
496,799


Page 1

 
CAMBSCUISINE GROUP LIMITED
REGISTERED NUMBER: 06377332
    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
O T A Thain
Director
Date: 23 October 2024

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
CAMBSCUISINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

1.


General information

The Company operates a number of restaurants in Cambridge and the surrounding villages. 
The Company is a private company limited by shares, incorporated in England and Wales.
The registered office address of the company under review is The Crown And Punchbowl, High Street, Cambridge, United Kingdom, CB25 9JG.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Going concern

Total liabilities exceed current assets at the balance sheet date. The directors consider that the
company has sufficient liquid assets to meet its liabilities as and when they fall due and that the
company has the backing of the shareholders which is forecast to continue for the next 12 months
and beyond. Accordingly, the directors consider that it is appropriate to prepare the accounts on a
going concern basis.

 
2.3

Revenue

Revenue represent sales (excluding VAT) of goods and services, net of trade discounts provided in the normal course of business. Revenue is derived from food and beverages sales, and other revenue including rental of dining pods. Food and beverage income is recongnised when served. Dining pod rental income is recognised at the date of use. 

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

 
2.5

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
CAMBSCUISINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

2.Accounting policies (continued)

  
2.7

Financial instruments

The Company only 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.

 
2.8

Pensions

Defined contribution pension plan

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 payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of financial position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.9

Current and deferred taxation

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

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 income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the reporting date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

 
2.10

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
CAMBSCUISINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

2.Accounting policies (continued)


2.10
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, as follows:-.

Depreciation is provided on the following basis:

Leasehold property
-
10%
Straight line
Plant and machinery
-
20%
Reducing balance
Motor vehicles
-
20%
Straight line
Fixtures and fittings
-
10%
Reducing balance
Office equipment
-
20%
Reducing balance
Computer equipment
-
20%
Reducing balance

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 disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.11

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

Investments in listed company shares are remeasured to market value at each reporting date. Gains and losses on remeasurement are recognised in profit or loss for the period.

Page 5

 
CAMBSCUISINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

3.


Intangible assets




Goodwill

£



Cost


At 1 March 2023
15,000



At 28 February 2024

15,000



Amortisation


At 1 March 2023
15,000



At 28 February 2024

15,000



Net book value



At 28 February 2024
-



At 28 February 2023
-



Page 6

 


 
CAMBSCUISINE GROUP LIMITED


 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024


4.


Tangible fixed assets






Long-term leasehold property
Plant and machinery
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 March 2023
2,019,808
648,404
-
343,070
9,230
3,020,512


Additions
423,662
165,538
2,650
-
-
591,850



At 28 February 2024

2,443,470
813,942
2,650
343,070
9,230
3,612,362



Depreciation


At 1 March 2023
1,040,315
322,208
-
237,717
5,221
1,605,461


Charge for the year on owned assets
159,064
78,886
442
13,378
802
252,572



At 28 February 2024

1,199,379
401,094
442
251,095
6,023
1,858,033



Net book value



At 28 February 2024
1,244,091
412,848
2,208
91,975
3,207
1,754,329



At 28 February 2023
979,493
326,196
-
105,353
4,009
1,415,051

Page 7

 
CAMBSCUISINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 March 2023
36,885



At 28 February 2024
36,885





6.


Stocks

2024
2023
£
£

Raw materials and consumables
115,938
77,192



7.


Debtors

2024
2023
£
£


Trade debtors
29,409
-

Other debtors
3,398
33,901

Prepayments and accrued income
175,083
87,813

207,890
121,714


Page 8

 
CAMBSCUISINE GROUP LIMITED
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2024

8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
498,335
538,863

Amounts owed to group undertakings
275,980
660,844

Corporation tax
90,952
36,054

Other taxation and social security
468,380
344,958

Other creditors
293,763
184,564

Accruals and deferred income
200,354
285,532

1,827,764
2,050,815



9.


Ultimate Parent Company

Cambscuisine Holdings Limited, incorporated in England and Wales, is the company's parent and ultimate controlling company.
The registered office address and principal place of business of Cambscuisine Holdings Limited is The Crown And Punchbowl High Street, Horningsea, Cambridge, Cambridgeshire, United Kingdom, CB25 9JG

 
Page 9