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REGISTERED NUMBER: 07805773 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 January 2024

for

Epicerie Ludo Limited

Epicerie Ludo Limited (Registered number: 07805773)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Balance Sheet 1

Notes to the Financial Statements 3


Epicerie Ludo Limited (Registered number: 07805773)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 37,032 38,766
37,032 38,766

CURRENT ASSETS
Stocks 80,589 80,125
Debtors 6 14,568 18,344
Cash at bank 47,332 103,300
142,489 201,769
CREDITORS
Amounts falling due within one year 7 (95,422 ) (142,906 )
NET CURRENT ASSETS 47,067 58,863
TOTAL ASSETS LESS CURRENT LIABILITIES 84,099 97,629

PROVISIONS FOR LIABILITIES (2,228 ) (1,994 )
NET ASSETS 81,871 95,635

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings 81,869 95,633
81,871 95,635

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Epicerie Ludo Limited (Registered number: 07805773)

Balance Sheet - continued
31 January 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 October 2024 and were signed on its behalf by:





Mr L R G Piot - Director


Epicerie Ludo Limited (Registered number: 07805773)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Epicerie Ludo Limited 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: 07805773

Registered office: Westminster House
10 Westminster Road
Macclesfield
Cheshire
SK10 1BX

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, net of VAT and trade discounts.

Turnover from the sale of goods and services are recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on delivery of the goods and services.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on cost
Fixtures and fittings - 25% on cost
Motor vehicles - 33% 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 year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.


Epicerie Ludo Limited (Registered number: 07805773)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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 year 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 23 (2023 - 16 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2023
and 31 January 2024 1,000
AMORTISATION
At 1 February 2023
and 31 January 2024 1,000
NET BOOK VALUE
At 31 January 2024 -
At 31 January 2023 -

Epicerie Ludo Limited (Registered number: 07805773)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

5. TANGIBLE FIXED ASSETS
Improvements
Short to Plant and
leasehold property machinery
£    £    £   
COST
At 1 February 2023 32,280 - 27,119
Additions - 9,875 1,098
At 31 January 2024 32,280 9,875 28,217
DEPRECIATION
At 1 February 2023 9,684 - 23,354
Charge for year 3,228 1,975 2,500
At 31 January 2024 12,912 1,975 25,854
NET BOOK VALUE
At 31 January 2024 19,368 7,900 2,363
At 31 January 2023 22,596 - 3,765

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 February 2023 25,134 23,263 8,308 116,104
Additions - - - 10,973
At 31 January 2024 25,134 23,263 8,308 127,077
DEPRECIATION
At 1 February 2023 24,120 12,923 7,257 77,338
Charge for year 507 3,446 1,051 12,707
At 31 January 2024 24,627 16,369 8,308 90,045
NET BOOK VALUE
At 31 January 2024 507 6,894 - 37,032
At 31 January 2023 1,014 10,340 1,051 38,766

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 8,199 10,741
Other debtors 6,369 7,603
14,568 18,344

Epicerie Ludo Limited (Registered number: 07805773)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade creditors 40,044 45,653
Taxation and social security 17,472 25,075
Other creditors 37,906 72,178
95,422 142,906

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
31.1.24 31.1.23
£    £   
Within one year 29,405 30,766
Between one and five years 113,604 137,072
In more than five years 79,563 85,500
222,572 253,338