2023-03-012024-02-292024-02-29false09673142TEMPTING SUBS LIMITED2024-07-01iso4217:GBPxbrli:pure096731422023-03-01096731422024-02-29096731422023-03-012024-02-29096731422022-03-01096731422023-02-28096731422022-03-012023-02-2809673142bus:SmallEntities2023-03-012024-02-2909673142bus:AuditExempt-NoAccountantsReport2023-03-012024-02-2909673142bus:FullAccounts2023-03-012024-02-2909673142bus:PrivateLimitedCompanyLtd2023-03-012024-02-2909673142core:WithinOneYear2024-02-2909673142core:AfterOneYear2024-02-2909673142core:WithinOneYear2023-02-2809673142core:AfterOneYear2023-02-2809673142core:ShareCapital2024-02-2909673142core:SharePremium2024-02-2909673142core:RevaluationReserve2024-02-2909673142core:OtherReservesSubtotal2024-02-2909673142core:RetainedEarningsAccumulatedLosses2024-02-2909673142core:ShareCapital2023-02-2809673142core:SharePremium2023-02-2809673142core:RevaluationReserve2023-02-2809673142core:OtherReservesSubtotal2023-02-2809673142core:RetainedEarningsAccumulatedLosses2023-02-2809673142core:LandBuildings2024-02-2909673142core:PlantMachinery2024-02-2909673142core:Vehicles2024-02-2909673142core:FurnitureFittings2024-02-2909673142core:OfficeEquipment2024-02-2909673142core:NetGoodwill2024-02-2909673142core:IntangibleAssetsOtherThanGoodwill2024-02-2909673142core:ListedExchangeTraded2024-02-2909673142core:UnlistedNon-exchangeTraded2024-02-2909673142core:LandBuildings2023-02-2809673142core:PlantMachinery2023-02-2809673142core:Vehicles2023-02-2809673142core:FurnitureFittings2023-02-2809673142core:OfficeEquipment2023-02-2809673142core:NetGoodwill2023-02-2809673142core:IntangibleAssetsOtherThanGoodwill2023-02-2809673142core:ListedExchangeTraded2023-02-2809673142core:UnlistedNon-exchangeTraded2023-02-2809673142core:LandBuildings2023-03-012024-02-2909673142core:PlantMachinery2023-03-012024-02-2909673142core:Vehicles2023-03-012024-02-2909673142core:FurnitureFittings2023-03-012024-02-2909673142core:OfficeEquipment2023-03-012024-02-2909673142core:NetGoodwill2023-03-012024-02-2909673142core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2909673142core:ListedExchangeTraded2023-03-012024-02-2909673142core:UnlistedNon-exchangeTraded2023-03-012024-02-2909673142core:MoreThanFiveYears2023-03-012024-02-2909673142core:Non-currentFinancialInstruments2024-02-2909673142core:Non-currentFinancialInstruments2023-02-2809673142dpl:CostSales2023-03-012024-02-2909673142dpl:DistributionCosts2023-03-012024-02-2909673142core:LandBuildings2023-03-012024-02-2909673142core:PlantMachinery2023-03-012024-02-2909673142core:Vehicles2023-03-012024-02-2909673142core:FurnitureFittings2023-03-012024-02-2909673142core:OfficeEquipment2023-03-012024-02-2909673142dpl:AdministrativeExpenses2023-03-012024-02-2909673142core:NetGoodwill2023-03-012024-02-2909673142core:IntangibleAssetsOtherThanGoodwill2023-03-012024-02-2909673142dpl:GroupUndertakings2023-03-012024-02-2909673142dpl:ParticipatingInterests2023-03-012024-02-2909673142dpl:GroupUndertakingscore:ListedExchangeTraded2023-03-012024-02-2909673142core:ListedExchangeTraded2023-03-012024-02-2909673142dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-03-012024-02-2909673142core:UnlistedNon-exchangeTraded2023-03-012024-02-2909673142dpl:CostSales2022-03-012023-02-2809673142dpl:DistributionCosts2022-03-012023-02-2809673142core:LandBuildings2022-03-012023-02-2809673142core:PlantMachinery2022-03-012023-02-2809673142core:Vehicles2022-03-012023-02-2809673142core:FurnitureFittings2022-03-012023-02-2809673142core:OfficeEquipment2022-03-012023-02-2809673142dpl:AdministrativeExpenses2022-03-012023-02-2809673142core:NetGoodwill2022-03-012023-02-2809673142core:IntangibleAssetsOtherThanGoodwill2022-03-012023-02-2809673142dpl:GroupUndertakings2022-03-012023-02-2809673142dpl:ParticipatingInterests2022-03-012023-02-2809673142dpl:GroupUndertakingscore:ListedExchangeTraded2022-03-012023-02-2809673142core:ListedExchangeTraded2022-03-012023-02-2809673142dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-03-012023-02-2809673142core:UnlistedNon-exchangeTraded2022-03-012023-02-2809673142core:NetGoodwill2024-02-2909673142core:IntangibleAssetsOtherThanGoodwill2024-02-2909673142core:LandBuildings2024-02-2909673142core:PlantMachinery2024-02-2909673142core:Vehicles2024-02-2909673142core:FurnitureFittings2024-02-2909673142core:OfficeEquipment2024-02-2909673142core:AfterOneYear2024-02-2909673142core:WithinOneYear2024-02-2909673142core:ListedExchangeTraded2024-02-2909673142core:UnlistedNon-exchangeTraded2024-02-2909673142core:ShareCapital2024-02-2909673142core:SharePremium2024-02-2909673142core:RevaluationReserve2024-02-2909673142core:OtherReservesSubtotal2024-02-2909673142core:RetainedEarningsAccumulatedLosses2024-02-2909673142core:NetGoodwill2023-02-2809673142core:IntangibleAssetsOtherThanGoodwill2023-02-2809673142core:LandBuildings2023-02-2809673142core:PlantMachinery2023-02-2809673142core:Vehicles2023-02-2809673142core:FurnitureFittings2023-02-2809673142core:OfficeEquipment2023-02-2809673142core:AfterOneYear2023-02-2809673142core:WithinOneYear2023-02-2809673142core:ListedExch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TEMPTING SUBS LIMITED

Registered Number
09673142
(England and Wales)

Unaudited Financial Statements for the Year ended
29 February 2024

TEMPTING SUBS LIMITED
Company Information
for the year from 1 March 2023 to 29 February 2024

Director

HAQUE, Hemina

Registered Address

2nd Floor Grove House
55 Lowlands Road
Harrow
HA1 3AW

Registered Number

09673142 (England and Wales)
TEMPTING SUBS LIMITED
Balance Sheet as at
29 February 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets310,00015,000
Tangible assets451,53765,989
Investments51-
61,53880,989
Current assets
Stocks62,2352,542
Debtors7102,85991,193
Cash at bank and on hand2,7596,650
107,853100,385
Creditors amounts falling due within one year8(64,101)(76,460)
Net current assets (liabilities)43,75223,925
Total assets less current liabilities105,290104,914
Creditors amounts falling due after one year9(13,687)(23,480)
Provisions for liabilities10-(14,200)
Net assets91,60367,234
Capital and reserves
Called up share capital100100
Profit and loss account91,50367,134
Shareholders' funds91,60367,234
The financial statements were approved and authorised for issue by the Director on 1 July 2024, and are signed on its behalf by:
HAQUE, Hemina
Director
Registered Company No. 09673142
TEMPTING SUBS LIMITED
Notes to the Financial Statements
for the year ended 29 February 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, the financial reporting standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Functional and presentation currency
The financial statements are presented in sterling and this is the functional currency of the company.
Turnover policy
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is recognised when goods are sold to the customers.
Operating leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.
Current taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Intangible assets
Goodwill, being the amount paid in connection with the acquisition of a business in 2016 and is being amortised evenly over its estimated useful life of ten years.
Tangible fixed assets and depreciation
Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery6.5
Fixtures and fittings6.5
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
Stocks and work in progress
Inventories are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
Financial instruments
The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments. Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument. Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously. Basic financial assets Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortized cost using the effective interest method 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. Financial assets classified as receivable within one year are not amortized. Classification of financial liabilities Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Basic financial liabilities Basic financial liabilities, including creditors, loans from fellow group companies 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 payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortized. Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortized cost using the effective interest method.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
2.Average number of employees

20242023
Average number of employees during the year99
3.Intangible assets

Goodwill

Total

££
Cost or valuation
At 01 March 2350,00050,000
At 29 February 2450,00050,000
Amortisation and impairment
At 01 March 2335,00035,000
Charge for year5,0005,000
At 29 February 2440,00040,000
Net book value
At 29 February 2410,00010,000
At 28 February 2315,00015,000
4.Tangible fixed assets

Plant & machinery

Fixtures & fittings

Total

£££
Cost or valuation
At 01 March 2349,68154,960104,641
At 29 February 2449,68154,960104,641
Depreciation and impairment
At 01 March 2322,24616,40638,652
Charge for year6,2088,24414,452
At 29 February 2428,45424,65053,104
Net book value
At 29 February 2421,22730,31051,537
At 28 February 2327,43538,55465,989
5.Fixed asset investments

Investments in groups1

Total

££
Cost or valuation
Additions11
At 29 February 2411
Net book value
At 29 February 2411
At 28 February 23--

Notes

1Investments in group undertakings and participating interests
6.Stocks

2024

2023

££
Finished goods2,2352,542
Total2,2352,542
7.Debtors: amounts due within one year

2024

2023

££
Amounts owed by group undertakings87,59182,802
Other debtors11,7655,686
Prepayments and accrued income3,5032,705
Total102,85991,193
8.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables12,3745,944
Bank borrowings and overdrafts9,4629,732
Amounts owed to related parties1-
Taxation and social security6,47117,643
Other creditors34,32241,034
Accrued liabilities and deferred income1,4712,107
Total64,10176,460
9.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts13,68723,480
Total13,68723,480
Included in other creditors due in one year and more than one year is an amount of £23,147 (2023 : £32,940) related to Bounceback loan.
10.Provisions for liabilities

2024

2023

££
Net deferred tax liability (asset)-14,200
Total-14,200
11.Operating lease commitments
Leasing Agreements : Minimum lease payments under non - cancellable operating leases fall due as follows : Due within one year : £3,850 (2023 : £23,100) Between one and five years : £Nil (2023 : £3,850).
12.Related party transactions
Included in other creditors is an amount of £33,876 (2023 : £40,876) due to KS Development Ltd, a company connected to the director. During the year the company received management income of £5,000 (2023 : £10,000) from KS Development Ltd, a company connected to the director.
13.Further information regarding the company's financial position
The company's ultimate parent company is Kent Surrey Group Holdings Ltd, a company registered in England and Wales. It's registered office address is 2nd floor, Grove house, Lowlands road, Harrow, HA1 3AW.