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REGISTERED NUMBER: SC760587 (Scotland)















Unaudited Financial Statements

for the Period 1 March 2023 to 31 March 2024

for

Shorty's Kitchen Ltd

Shorty's Kitchen Ltd (Registered number: SC760587)






Contents of the Financial Statements
for the Period 1 March 2023 to 31 March 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Shorty's Kitchen Ltd

Company Information
for the Period 1 March 2023 to 31 March 2024







DIRECTOR: Mrs L Barr





REGISTERED OFFICE: Unit 6
Craigview Road
Ballater Business Park
Ballater
AB35 5PN





REGISTERED NUMBER: SC760587 (Scotland)





ACCOUNTANTS: SBP
Accountants
42 Queens Road
Aberdeen
AB15 4YE

Shorty's Kitchen Ltd (Registered number: SC760587)

Balance Sheet
31 March 2024

Notes £    £   
FIXED ASSETS
Intangible assets 4 1,440
Tangible assets 5 20,582
22,022

CURRENT ASSETS
Stocks 3,891
Debtors 6 9,317
13,208
CREDITORS
Amounts falling due within one year 7 42,207
NET CURRENT LIABILITIES (28,999 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(6,977

)

CAPITAL AND RESERVES
Called up share capital 1
Retained earnings (6,978 )
(6,977 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 25 November 2024 and were signed by:



Mrs L Barr - Director


Shorty's Kitchen Ltd (Registered number: SC760587)

Notes to the Financial Statements
for the Period 1 March 2023 to 31 March 2024

1. STATUTORY INFORMATION

Shorty's Kitchen Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

The company incurred a loss in the period and has a deficiency of £6,977. If necessary the company will be supported by the Director and based on this the Director considers it appropriate to prepare the accounts on a going concern basis. The financial statements do not include any adjustments that would result from a withdrawal of the Director's support.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Computer software is being amortised evenly over its estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Motor vehicles - 25% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 3 .

Shorty's Kitchen Ltd (Registered number: SC760587)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

4. INTANGIBLE FIXED ASSETS
Computer
software
£   
COST
Additions 1,800
At 31 March 2024 1,800
AMORTISATION
Amortisation for period 360
At 31 March 2024 360
NET BOOK VALUE
At 31 March 2024 1,440

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
Additions 24,428 1,387 25,815
At 31 March 2024 24,428 1,387 25,815
DEPRECIATION
Charge for period 4,886 347 5,233
At 31 March 2024 4,886 347 5,233
NET BOOK VALUE
At 31 March 2024 19,542 1,040 20,582

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 9,317

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 722
Trade creditors 5,362
Taxation and social security 4,643
Other creditors 31,480
42,207

Shorty's Kitchen Ltd (Registered number: SC760587)

Notes to the Financial Statements - continued
for the Period 1 March 2023 to 31 March 2024

8. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 31 March 2024:

£   
Mrs L Barr
Balance outstanding at start of period -
Amounts advanced 17,775
Amounts repaid (32,968 )
Amounts written off -
Amounts waived -
Balance outstanding at end of period (15,193 )

9. RELATED PARTY DISCLOSURES

Included in Trade debtors is £6,805 due from Pappa's Cafe Ltd, a company registered in Scotland of which the director Mrs L Barr's daughter Mrs C A Anderson is a director and shareholder.

Included in Trade debtors is £2,167 due from Mama's Parlour Ltd, a company registered in Scotland of which the director Mrs L Barr is a shareholder.

Included in Trade Creditors is £1,960 due to Mama's Parlour Ltd.

Included in Other Creditors is £11,314 due to Mama's Parlour Ltd.

Included in Other Creditors is £3,119 due to Pappa's Cafe Ltd.

10. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mrs L Barr.