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REGISTERED NUMBER: 09339436 (England and Wales)










UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024

FOR

MED KITCHEN EVENTS LTD

MED KITCHEN EVENTS LTD (REGISTERED NUMBER: 09339436)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024










Page

Balance Sheet 1

Notes to the Financial Statements 2


MED KITCHEN EVENTS LTD (REGISTERED NUMBER: 09339436)

BALANCE SHEET
27 FEBRUARY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 20,294 28,648

CURRENT ASSETS
Debtors 5 24,899 36,663
Cash at bank and in hand 7,261 35,005
32,160 71,668
CREDITORS
Amounts falling due within one year 6 84,420 116,991
NET CURRENT LIABILITIES (52,260 ) (45,323 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(31,966

)

(16,675

)

CREDITORS
Amounts falling due after more than one
year

7

17,323

27,225
NET LIABILITIES (49,289 ) (43,900 )

CAPITAL AND RESERVES
Called up share capital 2 2
Retained earnings (49,291 ) (43,902 )
SHAREHOLDERS' FUNDS (49,289 ) (43,900 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 27 February 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 27 February 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 January 2025 and were signed on its behalf by:





N M K Smith - Director


MED KITCHEN EVENTS LTD (REGISTERED NUMBER: 09339436)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024


1. STATUTORY INFORMATION

Med Kitchen Events Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 09339436

Registered office: 15 West Street
Brighton
East Sussex
BN1 2RL

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.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 20% on reducing balance
Computer equipment - 25% on cost

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Taxation
Taxation for the period comprises current tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current 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.

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.

Financial instruments
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Going concern
The financial statements have been prepared on a going concern basis, not withstanding the company's net liabilities, the directors of the company continues to provide support as necessary and intends to ensure that there is adequate working capital for at least 12 months from the date of approval of these accounts. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

MED KITCHEN EVENTS LTD (REGISTERED NUMBER: 09339436)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE PERIOD 1 MARCH 2023 TO 27 FEBRUARY 2024


3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 9 (2023 - 14 ) .

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 March 2023 29,640 983 6,008 4,988 41,619
Additions - - - 1,158 1,158
Disposals - - (4,008 ) - (4,008 )
At 27 February 2024 29,640 983 2,000 6,146 38,769
DEPRECIATION
At 1 March 2023 7,485 344 2,766 2,376 12,971
Charge for period 5,928 128 320 1,494 7,870
Eliminated on disposal - - (2,366 ) - (2,366 )
At 27 February 2024 13,413 472 720 3,870 18,475
NET BOOK VALUE
At 27 February 2024 16,227 511 1,280 2,276 20,294
At 28 February 2023 22,155 639 3,242 2,612 28,648

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Directors' current accounts - 14,122
Tax 4,766 13,934
VAT 20,133 8,607
24,899 36,663

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 9,937 9,900
Trade creditors 12,305 6,759
Tax 28,995 35,411
Social security and other taxes 868 949
Other Creditors 10,893 14,940
Directors' current accounts 18,814 46,687
Accruals and deferred income 2,608 2,345
84,420 116,991

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 1-2 years 17,323 9,900
Bank loans - 2-5 years - 17,325
17,323 27,225