Caseware UK (AP4) 2023.0.135 2023.0.135 2023-10-312023-10-31No description of principal activityThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.2022-11-01false1516truetruefalse 05246826 2022-11-01 2023-10-31 05246826 2021-11-01 2022-10-31 05246826 2023-10-31 05246826 2022-10-31 05246826 c:Director1 2022-11-01 2023-10-31 05246826 d:MotorVehicles 2022-11-01 2023-10-31 05246826 d:MotorVehicles 2023-10-31 05246826 d:MotorVehicles 2022-10-31 05246826 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05246826 d:FurnitureFittings 2022-11-01 2023-10-31 05246826 d:FurnitureFittings 2023-10-31 05246826 d:FurnitureFittings 2022-10-31 05246826 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05246826 d:ComputerEquipment 2022-11-01 2023-10-31 05246826 d:ComputerEquipment 2023-10-31 05246826 d:ComputerEquipment 2022-10-31 05246826 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05246826 d:OwnedOrFreeholdAssets 2022-11-01 2023-10-31 05246826 d:CurrentFinancialInstruments 2023-10-31 05246826 d:CurrentFinancialInstruments 2022-10-31 05246826 d:Non-currentFinancialInstruments 2023-10-31 05246826 d:Non-currentFinancialInstruments 2022-10-31 05246826 d:CurrentFinancialInstruments d:WithinOneYear 2023-10-31 05246826 d:CurrentFinancialInstruments d:WithinOneYear 2022-10-31 05246826 d:Non-currentFinancialInstruments d:AfterOneYear 2023-10-31 05246826 d:Non-currentFinancialInstruments d:AfterOneYear 2022-10-31 05246826 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-10-31 05246826 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-10-31 05246826 d:ShareCapital 2023-10-31 05246826 d:ShareCapital 2022-10-31 05246826 d:RetainedEarningsAccumulatedLosses 2023-10-31 05246826 d:RetainedEarningsAccumulatedLosses 2022-10-31 05246826 c:FRS102 2022-11-01 2023-10-31 05246826 c:AuditExempt-NoAccountantsReport 2022-11-01 2023-10-31 05246826 c:FullAccounts 2022-11-01 2023-10-31 05246826 c:PrivateLimitedCompanyLtd 2022-11-01 2023-10-31 05246826 d:HirePurchaseContracts d:WithinOneYear 2023-10-31 05246826 d:HirePurchaseContracts d:WithinOneYear 2022-10-31 05246826 d:HirePurchaseContracts d:BetweenOneFiveYears 2023-10-31 05246826 d:HirePurchaseContracts d:BetweenOneFiveYears 2022-10-31 05246826 4 2022-11-01 2023-10-31 05246826 e:PoundSterling 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company registration number: 05246826







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
31 OCTOBER 2023


KITCHEN ERGONOMICS LIMITED






































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KITCHEN ERGONOMICS LIMITED
REGISTERED NUMBER:05246826



STATEMENT OF FINANCIAL POSITION
AS AT 31 OCTOBER 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
152,939
183,143

  
152,939
183,143

Current assets
  

Stocks
  
200,000
150,000

Debtors: amounts falling due within one year
 5 
81,706
419,203

Bank and cash balances
  
115,289
1,656

  
396,995
570,859

Creditors: amounts falling due within one year
 6 
(376,629)
(320,137)

Net current assets
  
 
 
20,366
 
 
250,722

Total assets less current liabilities
  
173,305
433,865

Creditors: amounts falling due after more than one year
 7 
(69,769)
(91,444)

Provisions for liabilities
  

Deferred Taxation
  
-
(25,752)

  
 
 
-
 
 
(25,752)

Net assets
  
103,536
316,669


Capital and reserves
  

Called up share capital 
  
104
104

Profit and loss account
  
103,432
316,565

  
103,536
316,669


Page 1

 


KITCHEN ERGONOMICS LIMITED
REGISTERED NUMBER:05246826


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 31 OCTOBER 2023

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: 




................................................
A J Ward
Director

Date: 29 October 2024

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

Page 2

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

1.


General information

Kitchen Ergonomics Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
The presentation currency of the financial statements is the Pound Sterling (£).

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

Revenue

Revenue 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 and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.3

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.

 
2.4

Exceptional items

Exceptional items are transactions that fall within the ordinary activities of the Company but are presented separately due to their size or incidence.

 
2.5

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, on a reducing balance basis.

Depreciation is provided on the following basis:

Motor vehicles
-
20%
Fixtures and fittings
-
20%
Computer equipment
-
20%

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.

Page 4

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

2.Accounting policies (continued)

 
2.6

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a weighted average basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.7

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.

 
2.8

Financial instruments

Financial instruments are recognised in the Company's Statement of Financial Position when the Company becomes party to the contractual provisions of the instrument.


3.


Employees

The average monthly number of employees, including directors, during the year was 15 (2022 - 16).

Page 5

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

4.


Tangible fixed assets





Motor vehicles
Fixtures and fittings
Computer equipment
Total

£
£
£
£



Cost or valuation


At 1 November 2022
253,809
75,764
26,164
355,737


Additions
-
-
6,762
6,762



At 31 October 2023

253,809
75,764
32,926
362,499



Depreciation


At 1 November 2022
129,887
26,058
16,649
172,594


Charge for the year on owned assets
24,784
9,941
2,241
36,966



At 31 October 2023

154,671
35,999
18,890
209,560



Net book value



At 31 October 2023
99,138
39,765
14,036
152,939



At 31 October 2022
123,922
49,706
9,515
183,143


5.


Debtors

2023
2022
£
£


Trade debtors
-
318,106

Other debtors
37,843
91,350

Prepayments and accrued income
41,374
9,747

Deferred taxation
2,489
-

81,706
419,203


Page 6

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank overdrafts
-
11,766

Bank loans
16,364
16,364

Trade creditors
275,963
230,700

Amounts owed to group undertakings
30,000
-

Other taxation and social security
12,688
16,906

Obligations under finance lease and hire purchase contracts
13,492
13,493

Other creditors
5,622
8,408

Accruals and deferred income
22,500
22,500

376,629
320,137


The following liabilities were secured:

2023
2022
£
£



Bank loans
16,364
16,364

16,364
16,364

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.

Page 7

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
34,091
42,273

Net obligations under finance leases and hire purchase contracts
35,678
49,171

69,769
91,444


The following liabilities were secured:

2023
2022
£
£



Bank loans
34,091
42,273

34,091
42,273

Details of security provided:

The bank loan and other facilities are secured by a fixed and floating charge over the company's assets.


8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
16,364
16,364


16,364
16,364

Amounts falling after one year

Bank loans
34,091
42,273


34,091
42,273



50,455
58,637


Page 8

 


KITCHEN ERGONOMICS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2023

9.


Hire purchase and finance leases


Minimum lease payments under hire purchase fall due as follows:

2023
2022
£
£


Within one year
13,492
13,493

Between 1-5 years
35,678
49,171

49,170
62,664


10.


Transactions with directors

At the balance sheet date the company owed £1,168 to the directors. The balance can be found within creditors due within one year. No interest is being charged on this loan.

 
Page 9