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REGISTERED NUMBER: 05961116 (England and Wales)













UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024

FOR

NEIL GREEN CATERING LIMITED

NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEIL GREEN CATERING LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTOR: N A Green





REGISTERED OFFICE: Neil Green Catering
1a Market Street
Lutterworth
Leicestershire
LE17 4EJ





REGISTERED NUMBER: 05961116 (England and Wales)





ACCOUNTANTS: PWH Accountancy Ltd
The Counting House
High Street
Lutterworth
Leicestershire
LE17 4AY

NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)

BALANCE SHEET
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 73,253 35,318

CURRENT ASSETS
Stocks 3,850 3,500
Debtors 5 156,652 141,060
Cash at bank and in hand 27,897 25,240
188,399 169,800
CREDITORS
Amounts falling due within one year 6 96,351 72,383
NET CURRENT ASSETS 92,048 97,417
TOTAL ASSETS LESS CURRENT
LIABILITIES

165,301

132,735

CREDITORS
Amounts falling due after more than one
year

7

(27,247

)

(22,393

)

PROVISIONS FOR LIABILITIES 8 (12,529 ) (5,138 )
NET ASSETS 125,525 105,204

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 10 125,523 105,202
SHAREHOLDERS' FUNDS 125,525 105,204

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)

BALANCE SHEET - continued
30 APRIL 2024


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 director and authorised for issue on 7 November 2024 and were signed by:





N A Green - Director


NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

Neil Green Catering 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.

Critical accounting judgements and key sources of estimation uncertainty
In the application of the Company's accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying values of assets and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered relevant, Actual results may differ from these estimates.

Turnover
Revenue comprises the fair value of the consideration received or receivable for the rendering of services in the ordinary course of the company's activities. Revenue is shown net of VAT and trade discounts.

The company recognises revenue when the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities The amount of revenue is not considered to be reliably measurable until all contingencies relating to the sale have been resolved. The company bases its estimates on historical results, taking into consideration the type of customer, the type of transaction and the specifics of each arrangement.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance

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

Financial instruments

Financial assets
Receivables are stated at amortised cost using the effective interest rate method. A provision for impairment of receivables is established where there is objective evidence that the company will not be able to collect all amounts due according to the original terms of payment. Receivables are considered for impairment on a case by case basis and any provision is based on the directors' assessment of the amount recoverable on each receivable.

Financial liabilities
The company's financial liabilities include trade and other payables, which are measured at amortised cost using the effective interest rate method. Financial liabilities are recognised when the company becomes a party to the contractual agreements of the instrument. Interest-related charges are recognised as an expense in the period in which they are incurred.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand, deposits held at call with banks, other short-term highly liquid investments with original maturities of three months or less, and bank overdrafts.

NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

2. ACCOUNTING POLICIES - continued

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

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 year 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.

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 year was 10 (2023 - 10 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
and Motor
fittings vehicles Totals
£    £    £   
COST
At 1 May 2023 37,220 66,140 103,360
Additions 5,885 55,216 61,101
Disposals (3,000 ) (9,199 ) (12,199 )
At 30 April 2024 40,105 112,157 152,262
DEPRECIATION
At 1 May 2023 18,398 49,644 68,042
Charge for year 4,642 13,256 17,898
Eliminated on disposal (1,500 ) (5,431 ) (6,931 )
At 30 April 2024 21,540 57,469 79,009
NET BOOK VALUE
At 30 April 2024 18,565 54,688 73,253
At 30 April 2023 18,822 16,496 35,318

NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 99,872 86,932
Bad debt provision (20,499 ) (16,406 )
Other debtors 32,279 25,534
Pension Scheme loan 45,000 45,000
156,652 141,060

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 21,443 9,964
Trade creditors 58,345 38,089
Tax 7,462 10,902
Social security and other taxes 2,847 2,990
Pension control - 642
VAT 5,089 7,144
Directors' current accounts 90 1,577
Accrued expenses 1,075 1,075
96,351 72,383

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 1-2 years 21,985 10,216
Bank loans - 2-5 years 5,262 12,177
27,247 22,393

8. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 12,529 5,138

Deferred
tax
£   
Balance at 1 May 2023 5,138
Charge to Income Statement during year 7,391
Balance at 30 April 2024 12,529

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

NEIL GREEN CATERING LIMITED (REGISTERED NUMBER: 05961116)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

10. RESERVES
Retained
earnings
£   

At 1 May 2023 105,202
Profit for the year 63,321
Dividends (43,000 )
At 30 April 2024 125,523

11. RELATED PARTY DISCLOSURES

As at 30 April 2024 there was an amount owed to the Director N A Green of £90 (2023 £1,577 which was included in creditors on the balance sheet at that date.

12. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is N A Green.