AG'S CANDY FACTORY LTD

Company Registration Number:
12490174 (England and Wales)

Unaudited statutory accounts for the year ended 28 February 2023

Period of accounts

Start date: 1 March 2022

End date: 28 February 2023

AG'S CANDY FACTORY LTD

Contents of the Financial Statements

for the Period Ended 28 February 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

AG'S CANDY FACTORY LTD

Profit And Loss Account

for the Period Ended 28 February 2023

2023 2022


£

£
Turnover: 1,250,000 750,000
Cost of sales: ( 850,000 ) ( 550,000 )
Gross profit(or loss): 400,000 200,000
Distribution costs: ( 170,000 ) ( 65,000 )
Administrative expenses: ( 125,000 ) ( 75,000 )
Operating profit(or loss): 105,000 60,000
Interest receivable and similar income: 0 0
Interest payable and similar charges: 0 0
Profit(or loss) before tax: 105,000 60,000
Profit(or loss) for the financial year: 105,000 60,000

AG'S CANDY FACTORY LTD

Balance sheet

As at 28 February 2023

Notes 2023 2022


£

£
Called up share capital not paid: 100 100
Fixed assets
Tangible assets: 3 120,000 50,000
Total fixed assets: 120,000 50,000
Current assets
Stocks: 4 65,000 35,000
Debtors:   0 0
Cash at bank and in hand: 13,000 5,000
Total current assets: 78,000 40,000
Net current assets (liabilities): 78,000 40,000
Total assets less current liabilities: 198,100 90,100
Total net assets (liabilities): 198,100 90,100
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 198,000 90,000
Total Shareholders' funds: 198,100 90,100

The notes form part of these financial statements

AG'S CANDY FACTORY LTD

Balance sheet statements

For the year ending 28 February 2023 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 13 November 2024
and signed on behalf of the board by:

Name: Walid
Status: Director

The notes form part of these financial statements

AG'S CANDY FACTORY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

AG'S CANDY FACTORY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 14 8

AG'S CANDY FACTORY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 March 2022 50,000 0 0 50,000
Additions 50,000 10,000 10,000 70,000
Disposals
Revaluations
Transfers
At 28 February 2023 100,000 10,000 10,000 120,000
Depreciation
At 1 March 2022
Charge for year
On disposals
Other adjustments
At 28 February 2023
Net book value
At 28 February 2023 100,000 10,000 10,000 120,000
At 28 February 2022 50,000 0 0 50,000

AG'S CANDY FACTORY LTD

Notes to the Financial Statements

for the Period Ended 28 February 2023

4. Stocks

2023 2022
£ £
Stocks 65,000 35,000
Payments on account 0 0
Total 65,000 35,000