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REGISTERED NUMBER: 12968266 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 31 MAY 2024

FOR

CHOMP AND CHEW LIMITED

CHOMP AND CHEW LIMITED (REGISTERED NUMBER: 12968266)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 MAY 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


CHOMP AND CHEW LIMITED

COMPANY INFORMATION
FOR THE PERIOD 1 MARCH 2023 TO 31 MAY 2024







DIRECTORS: A Goldberg
C I Stone





REGISTERED OFFICE: 4 The Sheepcote Monks Orchard Lumber Lan
Lugwardine
Hereford
HR1 4AG





REGISTERED NUMBER: 12968266 (England and Wales)





ACCOUNTANTS: Cole & Co
4 The Sheepcote
Monks Orchard
Lumber Lane, Lugwardine
Hereford
Herefordshire
HR1 4AG

CHOMP AND CHEW LIMITED (REGISTERED NUMBER: 12968266)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £   
FIXED ASSETS
Tangible assets 4 - 3,848

CURRENT ASSETS
Stocks 19,342 27,606
Debtors 5 66,431 3,363
Cash at bank 25,410 110,671
111,183 141,640
CREDITORS
Amounts falling due within one year 6 (19,166 ) (70,989 )
NET CURRENT ASSETS 92,017 70,651
TOTAL ASSETS LESS CURRENT LIABILITIES 92,017 74,499

CAPITAL AND RESERVES
Called up share capital 7 1 1
Retained earnings 92,016 74,498
SHAREHOLDERS' FUNDS 92,017 74,499

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

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

The directors acknowledge their 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:




C I Stone - Director


CHOMP AND CHEW LIMITED (REGISTERED NUMBER: 12968266)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 31 MAY 2024

1. STATUTORY INFORMATION

Chomp And Chew Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

There have been no material departures from Financial Reporting Standard 102 1A.

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

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 etc - 33% on cost and 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
Current tax represents the amount expected to be paid or recovered in respect of taxable profits for the year and is calculated using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

DEFERRED TAX
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

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.

HIRE PURCHASE AND LEASING COMMITMENTS
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 1 (2023 - 1 ) .

CHOMP AND CHEW LIMITED (REGISTERED NUMBER: 12968266)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 31 MAY 2024

4. TANGIBLE FIXED ASSETS
Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 March 2023 5,000 147 5,147
Disposals (5,000 ) (147 ) (5,147 )
At 31 May 2024 - - -
DEPRECIATION
At 1 March 2023 1,250 49 1,299
Eliminated on disposal (1,250 ) (49 ) (1,299 )
At 31 May 2024 - - -
NET BOOK VALUE
At 31 May 2024 - - -
At 28 February 2023 3,750 98 3,848

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 2,075 3,363
Other debtors 63,380 -
VAT 545 -
Prepayments and accrued income 431 -
66,431 3,363

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 12,009 6,760
Tax 6,257 14,487
VAT - 9,848
Directors' current accounts - 38,750
Accrued expenses 900 1,144
19,166 70,989

7. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary Shares £1 1 1

The share capital in Chomp & Chew Limited was bought by Simply Holdings Limited on 15 September 2023.