Refectory Limited 10773891 true 2023-06-01 2024-05-31 2024-05-31 The principal activity of the company is the operation of the refectory at The Old Church School, Frome, Somerset. Digita Accounts Production Advanced 6.30.9574.0 true true 10773891 2023-06-01 2024-05-31 10773891 2024-05-31 10773891 2 2024-05-31 10773891 core:RetainedEarningsAccumulatedLosses 2024-05-31 10773891 core:ShareCapital 2024-05-31 10773891 core:CurrentFinancialInstruments 2024-05-31 10773891 core:CurrentFinancialInstruments core:WithinOneYear 2024-05-31 10773891 bus:SmallEntities 2023-06-01 2024-05-31 10773891 bus:AuditExemptWithAccountantsReport 2023-06-01 2024-05-31 10773891 bus:FilletedAccounts 2023-06-01 2024-05-31 10773891 bus:SmallCompaniesRegimeForAccounts 2023-06-01 2024-05-31 10773891 bus:RegisteredOffice 2023-06-01 2024-05-31 10773891 bus:Director1 2023-06-01 2024-05-31 10773891 bus:EntityNoLongerTradingButTradedInPast 2023-06-01 2024-05-31 10773891 bus:PrivateLimitedCompanyLtd 2023-06-01 2024-05-31 10773891 countries:EnglandWales 2023-06-01 2024-05-31 10773891 2022-06-01 2023-05-31 10773891 2023-05-31 10773891 2 2023-05-31 10773891 core:RetainedEarningsAccumulatedLosses 2023-05-31 10773891 core:ShareCapital 2023-05-31 10773891 core:CurrentFinancialInstruments 2023-05-31 10773891 core:CurrentFinancialInstruments core:WithinOneYear 2023-05-31 iso4217:GBP xbrli:pure

Registration number: 10773891

Refectory Limited

Annual Report and Unaudited Filleted Financial Statements

for the Year Ended 31 May 2024

 

Refectory Limited

Contents

Company Information

1

Balance Sheet

2 to 3

Notes to the Unaudited Financial Statements

4 to 6

 

Refectory Limited

Company Information

Director

G R Eddy

Registered office

The Old Church School
Butts Hill
Frome
BA11 1HR

Accountants

Burton Sweet Limited
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

 

Refectory Limited

(Registration number: 10773891)
Balance Sheet
31 May 2024

Note

2024
£

2023
£

Current assets

 

Debtors

4

1,119

1,119

Creditors: Amounts falling due within one year

5

(600)

(600)

Net assets

 

519

519

Capital and reserves

 

Called up share capital

1

1

Retained earnings

518

518

Shareholders' funds

 

519

519

 

Refectory Limited

(Registration number: 10773891)
Balance Sheet
31 May 2024

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

For the financial year ending 31 May 2024 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 18 November 2024
 

.........................................
G R Eddy
Director

 

Refectory Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2024

1

General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
The Old Church School
Butts Hill
Frome
BA11 1HR

These financial statements were authorised for issue by the director on 18 November 2024.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

 

Refectory Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2024

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 0 (2023 - 0).

 

Refectory Limited

Notes to the Unaudited Financial Statements
Year Ended 31 May 2024

4

Debtors

Note

2024
£

2023
£

Income tax asset

1,119

1,119

 

1,119

1,119

5

Creditors

Creditors: amounts falling due within one year

2024
£

2023
£

Due within one year

Accruals and deferred income

600

600