Acorah Software Products - Accounts Production 16.0.110 false true 28 February 2023 1 March 2022 false 1 March 2023 29 February 2024 29 February 2024 07479160 Mr S E Day Mr O T Thain iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 07479160 2023-02-28 07479160 2024-02-29 07479160 2023-03-01 2024-02-29 07479160 frs-core:CurrentFinancialInstruments 2024-02-29 07479160 frs-core:Non-currentFinancialInstruments 2024-02-29 07479160 frs-core:BetweenOneFiveYears 2024-02-29 07479160 frs-core:ComputerEquipment 2024-02-29 07479160 frs-core:ComputerEquipment 2023-03-01 2024-02-29 07479160 frs-core:ComputerEquipment 2023-02-28 07479160 frs-core:FurnitureFittings 2024-02-29 07479160 frs-core:FurnitureFittings 2023-03-01 2024-02-29 07479160 frs-core:FurnitureFittings 2023-02-28 07479160 frs-core:LandBuildings frs-core:LeasedAssetsHeldAsLessee 2023-03-01 2024-02-29 07479160 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-02-29 07479160 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-03-01 2024-02-29 07479160 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2023-02-28 07479160 frs-core:PlantMachinery 2024-02-29 07479160 frs-core:PlantMachinery 2023-03-01 2024-02-29 07479160 frs-core:PlantMachinery 2023-02-28 07479160 frs-core:WithinOneYear 2024-02-29 07479160 frs-core:ShareCapital 2024-02-29 07479160 frs-core:RetainedEarningsAccumulatedLosses 2024-02-29 07479160 frs-bus:PrivateLimitedCompanyLtd 2023-03-01 2024-02-29 07479160 frs-bus:FilletedAccounts 2023-03-01 2024-02-29 07479160 frs-bus:SmallEntities 2023-03-01 2024-02-29 07479160 frs-bus:AuditExempt-NoAccountantsReport 2023-03-01 2024-02-29 07479160 frs-bus:SmallCompaniesRegimeForAccounts 2023-03-01 2024-02-29 07479160 frs-bus:Director1 2023-03-01 2024-02-29 07479160 frs-bus:Director2 2023-03-01 2024-02-29 07479160 frs-countries:EnglandWales 2023-03-01 2024-02-29 07479160 2022-02-28 07479160 2023-02-28 07479160 2022-03-01 2023-02-28 07479160 frs-core:CurrentFinancialInstruments 2023-02-28 07479160 frs-core:Non-currentFinancialInstruments 2023-02-28 07479160 frs-core:BetweenOneFiveYears 2023-02-28 07479160 frs-core:WithinOneYear 2023-02-28 07479160 frs-core:ShareCapital 2023-02-28 07479160 frs-core:RetainedEarningsAccumulatedLosses 2023-02-28
Registered number: 07479160
The Cambridge Dining Company Limited
Unaudited Financial Statements
For The Year Ended 29 February 2024
One Bean Limited
Chartered Accountants
Contents
Page
Statement of Financial Position 1—2
Notes to the Financial Statements 3—5
Page 1
Statement of Financial Position
Registered number: 07479160
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 261,342 261,927
261,342 261,927
CURRENT ASSETS
Stocks 5 54,262 26,782
Debtors 6 92,324 123,786
Cash at bank and in hand 419,009 458,010
565,595 608,578
Creditors: Amounts Falling Due Within One Year 7 (539,461 ) (505,412 )
NET CURRENT ASSETS (LIABILITIES) 26,134 103,166
TOTAL ASSETS LESS CURRENT LIABILITIES 287,476 365,093
Creditors: Amounts Falling Due After More Than One Year 8 - (150,796 )
PROVISIONS FOR LIABILITIES
Deferred Taxation (10,481 ) (7,702 )
NET ASSETS 276,995 206,595
CAPITAL AND RESERVES
Called up share capital 9 1,000 1,000
Income Statement 275,995 205,595
SHAREHOLDERS' FUNDS 276,995 206,595
Page 1
Page 2
For the year ending 29 February 2024 the company was entitled to exemption from audit 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Income Statement.
On behalf of the board
Mr S E Day
Director
13 November 2024
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
The Cambridge Dining Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07479160 . The registered office and trading address is Unit 5 Button End, Harston, Cambridge, Cambridgeshire, CB22 7GX.
The principal activity of the company is that of catering and event planning.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Revenue represents income from event planning and catering services, net of value added tax and trade discounts. Revenue in respect of events is recognised on the event date, with income received in advance of this being included as deferred revenue within other creditors.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Freehold 2% straight line
Leasehold 2% straight line
Plant & Machinery 20% reducing balance
Fixtures & Fittings 20% reducing balance
Computer Equipment 33% straight line
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the income statement so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to income statement as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost is based on the purchase price on a first in, first out basis.
2.6. Financial Instruments
The Company only enters into basic financial instruments and transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors and loans to and from related parties.
(i) Financial assets
Basic financial assets, including trade and other debtors, and amounts due from related companies, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest..
(ii) Financial liabilities
Basic financial liabilities, including trade and other creditors and accruals, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest.
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2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the income statement as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 82 (2023: 50)
82 50
4. Tangible Assets
Land & Property
Freehold Plant & Machinery Fixtures & Fittings Computer Equipment Total
£ £ £ £ £
Cost
As at 1 March 2023 327,176 91,129 16,821 15,712 450,838
Additions - 17,622 - 4,367 21,989
Disposals - (4,966 ) - - (4,966 )
As at 29 February 2024 327,176 103,785 16,821 20,079 467,861
Depreciation
As at 1 March 2023 105,058 62,807 8,649 12,397 188,911
Provided during the period 10,819 7,783 1,492 1,832 21,926
Disposals - (4,318 ) - - (4,318 )
As at 29 February 2024 115,877 66,272 10,141 14,229 206,519
Net Book Value
As at 29 February 2024 211,299 37,513 6,680 5,850 261,342
As at 1 March 2023 222,118 28,322 8,172 3,315 261,927
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5. Stocks
2024 2023
£ £
Stock 54,262 26,782
6. Debtors
2024 2023
£ £
Due within one year
Trade debtors 74,071 64,519
Other debtors 18,253 59,267
92,324 123,786
7. Creditors: Amounts Falling Due Within One Year
2024 2023
£ £
Trade creditors 81,567 65,906
Bank loans and overdrafts - 54,494
Other creditors 317,770 233,837
Taxation and social security 140,124 151,175
539,461 505,412
8. Creditors: Amounts Falling Due After More Than One Year
2024 2023
£ £
Bank loans - 150,796
The bank loans are secured by a fixed and floating charge over the assets of the company.
9. Share Capital
2024 2023
£ £
Allotted, Called up and fully paid 1,000 1,000
10. Other Commitments
The total of future minimum lease payments under non-cancellable operating leases are as following:
2024 2023
£ £
Not later than one year 98,064 106,708
Later than one year and not later than five years 96,329 200,356
194,393 307,064
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