Company Registration No. 08893598 (England and Wales)
The Patisserie Malton Limited
Unaudited accounts
for the year ended 29 February 2024
The Patisserie Malton Limited
Unaudited accounts
Contents
The Patisserie Malton Limited
Company Information
for the year ended 29 February 2024
Company Number
08893598 (England and Wales)
Registered Office
14 SAVILLE STREET
MALTON
NORTH YORKSHIRE
YO17 7LL
Accountants
JLW Accounting Solutions
Shallowdale House
East Street
Swinton
North Yorkshire
YO17 6SH
The Patisserie Malton Limited
Statement of financial position
as at 29 February 2024
Tangible assets
63,276
21,177
Cash at bank and in hand
18,587
59,482
Creditors: amounts falling due within one year
(40,384)
(40,471)
Net current assets
7,267
46,949
Total assets less current liabilities
70,543
68,126
Creditors: amounts falling due after more than one year
-
(3,120)
Called up share capital
100
100
Profit and loss account
70,443
64,906
Shareholders' funds
70,543
65,006
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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 22 November 2024 and were signed on its behalf by
Andrew Walker
Director
Company Registration No. 08893598
The Patisserie Malton Limited
Notes to the Accounts
for the year ended 29 February 2024
The Patisserie Malton Limited is a private company, limited by shares, registered in England and Wales, registration number 08893598. The registered office is 14 SAVILLE STREET, MALTON, NORTH YORKSHIRE, YO17 7LL.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on Cost
Computer equipment
20% on Cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers or at the point of sale such that risks and rewards of ownership have transferred to them.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. Estimated selling price less costs to complete and sell is based on the estimated selling price of the goods less any estimated completion or selling costs likely to be incurred on the sale. Any obsolete stock is recognised as an expense in the period in which the stock is deemed to have become obsolete.
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2023
42,413
1,223
43,636
At 29 February 2024
98,337
1,223
99,560
At 1 March 2023
22,225
234
22,459
Charge for the year
13,767
58
13,825
At 29 February 2024
35,992
292
36,284
At 29 February 2024
62,345
931
63,276
At 28 February 2023
20,188
989
21,177
The Patisserie Malton Limited
Notes to the Accounts
for the year ended 29 February 2024
Amounts falling due within one year
Accrued income and prepayments
1,496
913
6
Creditors: amounts falling due within one year
2024
2023
Obligations under finance leases and hire purchase contracts
3,120
3,120
Trade creditors
9,828
4,593
Taxes and social security
2,800
10,202
Other creditors
16,183
11,025
Loans from directors
703
40
7
Creditors: amounts falling due after more than one year
2024
2023
Obligations under finance leases and hire purchase contracts
-
3,120
8
Average number of employees
During the year the average number of employees was 10 (2023: 10).