Company Registration No. 07192981 (England and Wales)
GUSTO CATERING LIMITED
Unaudited accounts
for the year ended 31 March 2024
GUSTO CATERING LIMITED
Statement of financial position
as at 31 March 2024
Tangible assets
63,376
111,041
Cash at bank and in hand
37,171
18,791
Creditors: amounts falling due within one year
(184,265)
(180,166)
Net current liabilities
(131,129)
(118,850)
Total assets less current liabilities
(67,753)
(7,809)
Creditors: amounts falling due after more than one year
(55,089)
(77,470)
Net liabilities
(122,842)
(85,279)
Called up share capital
120
120
Revaluation reserve
10,907
10,907
Capital redemption reserve
78,750
78,750
Profit and loss account
(212,619)
(175,056)
Shareholders' funds
(122,842)
(85,279)
For the year ending 31 March 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 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 of Directors and authorised for issue on 28 November 2024 and were signed on its behalf by
Antony Paul HORTON TILLEY
Director
Company Registration No. 07192981
GUSTO CATERING LIMITED
Notes to the Accounts
for the year ended 31 March 2024
GUSTO CATERING LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07192981. The registered office is Archers Rest, Queen Eleanor Drive, Great Denham, Bedford, Bedfordshire, MK40 4SQ, England.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
- 25% reducing balance
Motor vehicles
- 10 years Straight Line
Computer equipment
- 25% straight line
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2023
320,655
14,300
7,597
342,552
Disposals
(26,823)
(2,800)
(1,035)
(30,658)
At 31 March 2024
297,950
11,500
6,562
316,012
At 1 April 2023
221,829
3,940
5,742
231,511
Charge for the year
19,030
1,890
205
21,125
At 31 March 2024
240,859
5,830
5,947
252,636
At 31 March 2024
57,091
5,670
615
63,376
At 31 March 2023
98,826
10,360
1,855
111,041
GUSTO CATERING LIMITED
Notes to the Accounts
for the year ended 31 March 2024
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
30,434
40,004
Taxes and social security
3,171
9,901
Other creditors
126,738
117,497
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
33,404
45,673
8
Average number of employees
During the year the average number of employees was 20 (2023: 20).