Company Registration No. 13369882 (England and Wales)
The Cravery Cakes Ltd
Unaudited accounts
for the year ended 30 April 2024
The Cravery Cakes Ltd
Unaudited accounts
Contents
The Cravery Cakes Ltd
Company Information
for the year ended 30 April 2024
Director
Mohamed Arif KANDANCHIRA
Company Number
13369882 (England and Wales)
Registered Office
Unit 29 - 36 Good & Fine Trading Estate
George Street
Birmingham
B12 9RG
England
Accountants
Orb7 Limited
53 Peartree Drive,Farnworth,Bolton,Lanca
Manchester
Bolton
Lancashire
BL4 9RR
The Cravery Cakes Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
20,660
6,257
Cash at bank and in hand
26,639
28,644
Creditors: amounts falling due within one year
(8,853)
(10,822)
Net current assets
17,786
17,822
Profit and loss account
38,446
24,079
Shareholders' funds
38,446
24,079
For the year ending 30 April 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 19 January 2025 and were signed on its behalf by
Mohamed Arif KANDANCHIRA
Director
Company Registration No. 13369882
The Cravery Cakes Ltd
Notes to the Accounts
for the year ended 30 April 2024
The Cravery Cakes Ltd is a private company, limited by shares, registered in England and Wales, registration number 13369882. The registered office is Unit 29 - 36 Good & Fine Trading Estate, George Street, Birmingham, B12 9RG, 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.
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 such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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% diminishing balance method
Fixtures & fittings
20% diminishing balance method
Computer equipment
33% diminishing balance method
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The Cravery Cakes Ltd
Notes to the Accounts
for the year ended 30 April 2024
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
5,020
1,310
2,930
9,260
Additions
9,276
11,082
1,044
21,402
At 30 April 2024
14,296
12,392
3,974
30,662
At 1 May 2023
1,530
259
1,214
3,003
Charge for the year
3,192
2,427
1,380
6,999
At 30 April 2024
4,722
2,686
2,594
10,002
At 30 April 2024
9,574
9,706
1,380
20,660
At 30 April 2023
3,490
1,051
1,716
6,257
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Creditors: amounts falling due within one year
2024
2023
Taxes and social security
839
3,018
Other creditors
7,804
7,804
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Average number of employees
During the year the average number of employees was 0 (2023: 0).