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Company Registration No. 11310766 (England and Wales)
SFC Peterborough Ltd Unaudited accounts for the year ended 30 April 2024
SFC Peterborough Ltd Unaudited accounts Contents
Page
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SFC Peterborough Ltd Company Information for the year ended 30 April 2024
Director
Ercan Basak
Company Number
11310766 (England and Wales)
Registered Office
SOUTHERN FRIED CHICKEN, 16 ALL SAINTS PASSAGE HUNTINGDON CAMBRIDGESHIRE PE29 3LE UNITED KINGDOM
Accountants
Ali Basol FCCA Field House Houghton Hill Houghton Cambs PE28 2BS
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SFC Peterborough Ltd Statement of financial position as at 30 April 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
17,400 
17,400 
Tangible assets
13,129 
12,129 
30,529 
29,529 
Current assets
Inventories
1,150 
1,750 
Debtors
3,625 
5,232 
Cash at bank and in hand
13,336 
11,774 
18,111 
18,756 
Creditors: amounts falling due within one year
(30,847)
(34,614)
Net current liabilities
(12,736)
(15,858)
Total assets less current liabilities
17,793 
13,671 
Creditors: amounts falling due after more than one year
(31,304)
(37,521)
Net liabilities
(13,511)
(23,850)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
(13,512)
(23,851)
Shareholders' funds
(13,511)
(23,850)
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 27 January 2025 and were signed on its behalf by
Ercan Basak Director Company Registration No. 11310766
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SFC Peterborough Ltd Notes to the Accounts for the year ended 30 April 2024
1
Statutory information
SFC Peterborough Ltd is a private company, limited by shares, registered in England and Wales, registration number 11310766. The registered office is SOUTHERN FRIED CHICKEN, 16, ALL SAINTS PASSAGE, HUNTINGDON, CAMBRIDGESHIRE, PE29 3LE, UNITED KINGDOM.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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:
Land & buildings
10% straight line basis
Fixtures & fittings
20% straight line method
Goodwill
Goodwill, being the amount paid in connection with the acquisition of the business, is being amortised evenly over its estimated useful life of 5 years.
Inventories
Inventories have been valued at the lower of cost and estimated selling price.
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SFC Peterborough Ltd Notes to the Accounts for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 May 2023
27,000 
At 30 April 2024
27,000 
Amortisation
At 1 May 2023
9,600 
At 30 April 2024
9,600 
Net book value
At 30 April 2024
17,400 
At 30 April 2023
17,400 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 May 2023
- 
25,409 
25,409 
Additions
1,000 
- 
1,000 
At 30 April 2024
1,000 
25,409 
26,409 
Depreciation
At 1 May 2023
- 
13,280 
13,280 
At 30 April 2024
- 
13,280 
13,280 
Net book value
At 30 April 2024
1,000 
12,129 
13,129 
At 30 April 2023
- 
12,129 
12,129 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
3,535 
1,816 
Accrued income and prepayments
- 
3,416 
3,535 
5,232 
Amounts falling due after more than one year
Other debtors
90 
- 
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SFC Peterborough Ltd Notes to the Accounts for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
3,708 
3,366 
Trade creditors
4,150 
7,309 
Taxes and social security
1,067 
1,194 
Accrued preference dividends
- 
987 
Loans from directors
21,922 
14,398 
Accruals
- 
7,360 
30,847 
34,614 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,304 
37,521 
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1 
1 
10
Controlling party
The controlling party is the director, Mr Ercan Basak. The director, Mr Ercan Basak, is considered to be the controlling party by virtue of the fact he owns 100% of the issued share capital.
11
Average number of employees
During the year the average number of employees was 3 (2023: 3).
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