Caseware UK (AP4) 2023.0.135 2023.0.135 2024-02-282024-02-282023-03-01falseHolding company33truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 11317747 2023-03-01 2024-02-28 11317747 2022-03-01 2023-02-28 11317747 2024-02-28 11317747 2023-02-28 11317747 c:Director4 2023-03-01 2024-02-28 11317747 d:Buildings 2023-03-01 2024-02-28 11317747 d:Buildings 2024-02-28 11317747 d:Buildings 2023-02-28 11317747 d:Buildings d:OwnedOrFreeholdAssets 2023-03-01 2024-02-28 11317747 d:CurrentFinancialInstruments 2024-02-28 11317747 d:CurrentFinancialInstruments 2023-02-28 11317747 d:Non-currentFinancialInstruments 2024-02-28 11317747 d:Non-currentFinancialInstruments 2023-02-28 11317747 d:CurrentFinancialInstruments d:WithinOneYear 2024-02-28 11317747 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 11317747 d:Non-currentFinancialInstruments d:AfterOneYear 2024-02-28 11317747 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 11317747 d:ShareCapital 2024-02-28 11317747 d:ShareCapital 2023-02-28 11317747 d:CapitalRedemptionReserve 2024-02-28 11317747 d:CapitalRedemptionReserve 2023-02-28 11317747 d:RetainedEarningsAccumulatedLosses 2024-02-28 11317747 d:RetainedEarningsAccumulatedLosses 2023-02-28 11317747 c:FRS102 2023-03-01 2024-02-28 11317747 c:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-28 11317747 c:FullAccounts 2023-03-01 2024-02-28 11317747 c:PrivateLimitedCompanyLtd 2023-03-01 2024-02-28 11317747 2 2023-03-01 2024-02-28 11317747 6 2023-03-01 2024-02-28 11317747 e:PoundSterling 2023-03-01 2024-02-28 iso4217:GBP xbrli:pure

Registered number: 11317747









CAMBSCUISINE HOLDINGS LIMITED







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 FEBRUARY 2024

 
CAMBSCUISINE HOLDINGS LIMITED
REGISTERED NUMBER: 11317747

STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
2,998,012
1,988,315

Investments
 5 
100
100

  
2,998,112
1,988,415

Current assets
  

Debtors
 6 
446,448
912,690

Cash at bank and in hand
  
48,929
76,971

  
495,377
989,661

Creditors: amounts falling due within one year
 7 
(184,373)
(127,834)

Net current assets
  
 
 
311,004
 
 
861,827

Total assets less current liabilities
  
3,309,116
2,850,242

Creditors: amounts falling due after more than one year
 8 
(2,619,621)
(2,151,701)

  

Net assets
  
689,495
698,541


Capital and reserves
  

Called up share capital 
  
1,156
1,156

Capital redemption reserve
  
298
298

Profit and loss account
  
688,041
697,087

  
689,495
698,541


Page 1

 
CAMBSCUISINE HOLDINGS LIMITED
REGISTERED NUMBER: 11317747
    
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 Company's financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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 comprehensive income 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: 




................................................
OTA Thain
Director
Date:23 October 2024

The notes on pages 3 to 7 form part of these financial statements.

Page 2

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

1.


General information

The Company is a holding company of a group that manages a number of restaurants in Cambridge and the surrounding villages.
The Company is a private company limited by shares and is incorporated in England.
The address of its registered office is The Crown and Punchbowl, High Street, Horningsea, Cambridge,
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 Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue from rental income is recognised to the extent that it is probable that the economic benefits
will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair
value of the consideration received or receivable, excluding discounts, rebates, value added tax

 
2.3

Interest income

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

 
2.4

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.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Taxation

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.

Page 3

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

2.Accounting policies (continued)

 
2.7

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.

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

Depreciation is provided on the following basis:

Freehold property
-
2%
straight line

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.

 
2.8

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

 
2.9

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.


3.


Employees




The average monthly number of employees, including the directors, during the year was as follows:


        2024
        2023
            No.
            No.







Directors
3
3

Page 4

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

4.


Tangible fixed assets





Freehold property

£



Cost or valuation


At 1 March 2023
2,104,737


Additions
1,060,630



At 28 February 2024

3,165,367



Depreciation


At 1 March 2023
116,422


Charge for the year on owned assets
50,933



At 28 February 2024

167,355



Net book value



At 28 February 2024
2,998,012



At 28 February 2023
1,988,315

The carrying amount of investment property, which the Company rents to another group entity when it has chosen to account for such properties using the cost model is £2,998,012 (2023 - £1,988,315)


5.


Fixed asset investments





Investments in subsidiary companies

£



Cost or valuation


At 1 March 2023
100



At 28 February 2024
100





 

Page 5

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

6.


Debtors

2024
2023
£
£

Due after more than one year

Other debtors
80,919
170,249

80,919
170,249

Due within one year

Amounts owed by group undertakings
275,459
660,323

Other debtors
90,070
82,118

446,448
912,690



7.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
145,897
105,966

Trade creditors
1,500
1,500

Corporation tax
17,087
5,512

Other taxation and social security
13,889
9,853

Accruals and deferred income
6,000
5,003

184,373
127,834


The following liabilities were secured:

2024
2023
£
£



Bank loans
145,897
105,966

Details of security provided:
The above mentioned loan is secured by way of a fixed and floating charge over all assets.
The bank loans figure is comprised of £104,556 (2023: £66,904) relating to mortgages and £41,341  (2023: £39,062) relating to business loans.
 


 

Page 6

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

8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
2,619,621
2,151,701


The following liabilities were secured:

2024
2023
£
£



Bank loan
2,619,621
2,151,701



The bank loans figure is comprised of £1,754,094 (2023: £1,218,713) relating to mortgages and £865,527 (2023: £932,988) relating to business loans.

 
Page 7