Caseware UK (AP4) 2023.0.135 2023.0.135 2023-06-302023-06-30trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false2022-07-01false76true 06238959 2022-07-01 2023-06-30 06238959 2021-07-01 2022-06-30 06238959 2023-06-30 06238959 2022-06-30 06238959 c:Director1 2022-07-01 2023-06-30 06238959 d:PlantMachinery 2022-07-01 2023-06-30 06238959 d:PlantMachinery 2023-06-30 06238959 d:PlantMachinery 2022-06-30 06238959 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06238959 d:MotorVehicles 2022-07-01 2023-06-30 06238959 d:MotorVehicles 2023-06-30 06238959 d:MotorVehicles 2022-06-30 06238959 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06238959 d:FurnitureFittings 2022-07-01 2023-06-30 06238959 d:FurnitureFittings 2023-06-30 06238959 d:FurnitureFittings 2022-06-30 06238959 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06238959 d:OfficeEquipment 2022-07-01 2023-06-30 06238959 d:OfficeEquipment 2023-06-30 06238959 d:OfficeEquipment 2022-06-30 06238959 d:OfficeEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06238959 d:ComputerEquipment 2022-07-01 2023-06-30 06238959 d:ComputerEquipment 2023-06-30 06238959 d:ComputerEquipment 2022-06-30 06238959 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06238959 d:OwnedOrFreeholdAssets 2022-07-01 2023-06-30 06238959 d:CurrentFinancialInstruments 2023-06-30 06238959 d:CurrentFinancialInstruments 2022-06-30 06238959 d:Non-currentFinancialInstruments 2023-06-30 06238959 d:Non-currentFinancialInstruments 2022-06-30 06238959 d:CurrentFinancialInstruments d:WithinOneYear 2023-06-30 06238959 d:CurrentFinancialInstruments d:WithinOneYear 2022-06-30 06238959 d:Non-currentFinancialInstruments d:AfterOneYear 2023-06-30 06238959 d:Non-currentFinancialInstruments d:AfterOneYear 2022-06-30 06238959 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-06-30 06238959 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2022-06-30 06238959 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-06-30 06238959 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-06-30 06238959 d:ShareCapital 2023-06-30 06238959 d:ShareCapital 2022-06-30 06238959 d:RetainedEarningsAccumulatedLosses 2023-06-30 06238959 d:RetainedEarningsAccumulatedLosses 2022-06-30 06238959 c:FRS102 2022-07-01 2023-06-30 06238959 c:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 06238959 c:FullAccounts 2022-07-01 2023-06-30 06238959 c:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30 06238959 e:PoundSterling 2022-07-01 2023-06-30 iso4217:GBP xbrli:pure

Registered number: 06238959










GENERAL CATERING LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 JUNE 2023

 
GENERAL CATERING LTD
 
  
CHARTERED ACCOUNTANTS' REPORT TO THE DIRECTOR ON THE PREPARATION OF THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OFGENERAL CATERING LTD
FOR THE YEAR ENDED 30 JUNE 2023

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of General Catering Ltd for the year ended 30 June 2023 which comprise the Balance sheet and the related notes from the Company's accounting records and from information and explanations you have given to us.
 

This report is made solely to the director of General Catering Ltd in accordance with the terms of our agreement. Our work has been undertaken solely to prepare for your approval the financial statements of General Catering Ltd and state those matters that we have agreed to state to him in this report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than General Catering Ltd and its  director for our work or for this report.
 
 
It is your duty to ensure that General Catering Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the Company's assets, liabilities, financial position and profit. You consider that General Catering Ltd is exempt from the statutory audit requirement for the year.
 
 
We have not been instructed to carry out an audit or review of the financial statements of General Catering Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.





Shipleys Tax Planning

23 January 2025
Page 1

 
GENERAL CATERING LTD
REGISTERED NUMBER: 06238959

BALANCE SHEET
AS AT 30 JUNE 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 5 
2,989
10,563

  
2,989
10,563

Current assets
  

Stocks
  
36,670
12,750

Debtors: amounts falling due within one year
 6 
109,940
116,701

Cash at bank and in hand
 7 
1,434
106,287

  
148,044
235,738

Creditors: amounts falling due within one year
 8 
(191,235)
(340,024)

Net current liabilities
  
 
 
(43,191)
 
 
(104,286)

Total assets less current liabilities
  
(40,202)
(93,723)

Creditors: amounts falling due after more than one year
 9 
(35,696)
(62,228)

  

Net liabilities
  
(75,898)
(155,951)


Capital and reserves
  

Called up share capital 
  
3
3

Profit and loss account
  
(75,901)
(155,954)

  
(75,898)
(155,951)


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

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

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 23 January 2025.




Mir Amjad Alikhan
Page 2

 
GENERAL CATERING LTD
REGISTERED NUMBER: 06238959

BALANCE SHEET (CONTINUED)
AS AT 30 JUNE 2023

Director

The notes on pages 4 to 10 form part of these financial statements.

Page 3

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

1.


General information

General Catering Ltd is a company domiciled in England & Wales, registration number 06238959. The registered office is Unit 13 Delta Court Second Avenue, Sky Business Park, Finningley, Doncaster, DN9 3GN.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 4

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.3

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

 
2.4

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of comprehensive income in the same period as the related expenditure.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Plant & machinery
-
20% straight line
Motor vehicles
-
25% straight line
Fixtures & fittings
-
20% straight line
Office equipment
-
25% straight line
Computer equipment
-
33% straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 5

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

2023
2022
£
£

Wages and salaries
153,489
123,890

Social security costs
55,308
37,940

208,797
161,830


The average monthly number of employees, including directors, during the year was 7 (2022 - 6).

Page 6

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

4.


Taxation


2023
2022
£
£



Total current tax
-
-

Factors affecting tax charge for the year

The tax assessed for the year is lower than (2022 - lower than) the standard rate of corporation tax in the UK of 19% (2022 - 19%). The differences are explained below:

2023
2022
£
£


Profit on ordinary activities before tax
80,053
11,119


Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 19% (2022 - 19%)
15,210
2,113

Effects of:


Expenses not deductible for tax purposes, other than goodwill amortisation and impairment
-
72

Depreciation for year in excess of capital allowances
1,394
2,095

Utilisation of tax losses
(16,604)
(4,280)

Total tax charge for the year
-
-


Factors that may affect future tax charges

There were no factors that may affect future tax charges.

Page 7

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

5.


Tangible fixed assets





Plant & machinery
Motor vehicles
Fixtures & fittings
Office equipment
Computer equipment

£
£
£
£
£



Cost or valuation


At 1 July 2022
2,036
43,100
11,684
37,436
583



At 30 June 2023

2,036
43,100
11,684
37,436
583



Depreciation


At 1 July 2022
2,036
43,100
7,278
31,668
194


Charge for the year on owned assets
-
-
1,612
5,768
194



At 30 June 2023

2,036
43,100
8,890
37,436
388



Net book value



At 30 June 2023
-
-
2,794
-
195



At 30 June 2022
-
-
4,406
5,768
389

Total

£



Cost or valuation


At 1 July 2022
94,839



At 30 June 2023

94,839



Depreciation


At 1 July 2022
84,276


Charge for the year on owned assets
7,574



At 30 June 2023

91,850



Net book value



At 30 June 2023
2,989



At 30 June 2022
10,563

Page 8

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

6.


Debtors

2023
2022
£
£


Trade debtors
16,780
86,588

Other debtors
93,160
30,113

109,940
116,701



7.


Cash and cash equivalents

2023
2022
£
£

Cash at bank and in hand
1,434
106,287

1,434
106,287



8.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
13,181
63,306

Trade creditors
10,900
9,680

Corporation tax
11,975
200

Other taxation and social security
65,587
85,573

Obligations under finance lease and hire purchase contracts
438
3,008

Other creditors
87,900
77,003

Accruals and deferred income
1,254
101,254

191,235
340,024



9.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
35,696
61,790

Net obligations under finance leases and hire purchase contracts
-
438

35,696
62,228


Page 9

 
GENERAL CATERING LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2023

10.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
13,181
63,306


13,181
63,306

Amounts falling due 1-2 years

Bank loans
-
16,514


-
16,514

Amounts falling due 2-5 years

Bank loans
35,696
45,276


35,696
45,276


48,877
125,096



Page 10