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
SFC Peterborough Ltd
Company Information
for the year ended 30 April 2024
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
SFC Peterborough Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
17,400
17,400
Tangible assets
13,129
12,129
Cash at bank and in hand
13,336
11,774
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)
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
SFC Peterborough Ltd
Notes to the Accounts
for the year ended 30 April 2024
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.
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.
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, 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 have been valued at the lower of cost and estimated selling price.
SFC Peterborough Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Intangible fixed assets
Goodwill
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 May 2023
-
25,409
25,409
At 30 April 2024
1,000
25,409
26,409
At 1 May 2023
-
13,280
13,280
At 30 April 2024
-
13,280
13,280
At 30 April 2024
1,000
12,129
13,129
At 30 April 2023
-
12,129
12,129
Amounts falling due within one year
Accrued income and prepayments
-
3,416
Amounts falling due after more than one year
SFC Peterborough Ltd
Notes to the Accounts
for the year ended 30 April 2024
7
Creditors: amounts falling due within one year
2024
2023
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
8
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
1 Ordinary shares of £1 each
1
1
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).