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REGISTERED NUMBER: 05149286 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 August 2024

for

DIRECT KITCHEN CONTRACTS LIMITED

DIRECT KITCHEN CONTRACTS LIMITED (REGISTERED NUMBER: 05149286)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 7

DIRECT KITCHEN CONTRACTS LIMITED

Company Information
for the Year Ended 31 August 2024







DIRECTOR: G T Owen





REGISTERED OFFICE: Unit 1
Cambrian Industrial Estate
PONTYCLUN
Rhondda Cynon Taff
CF72 9EW





REGISTERED NUMBER: 05149286 (England and Wales)





ACCOUNTANTS: James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY

DIRECT KITCHEN CONTRACTS LIMITED (REGISTERED NUMBER: 05149286)

Balance Sheet
31 August 2024

31.8.24 31.8.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 38,399 25,902

CURRENT ASSETS
Debtors 5 1,049 9,006
Cash at bank and in hand 27,117 33,411
28,166 42,417
CREDITORS
Amounts falling due within one year 6 37,869 47,920
NET CURRENT LIABILITIES (9,703 ) (5,503 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

28,696

20,399

CREDITORS
Amounts falling due after more than one year 7 (7,323 ) (17,323 )

PROVISIONS FOR LIABILITIES 8 (5,127 ) (2,614 )
NET ASSETS 16,246 462

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 16,146 362
SHAREHOLDERS' FUNDS 16,246 462

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

DIRECT KITCHEN CONTRACTS LIMITED (REGISTERED NUMBER: 05149286)

Balance Sheet - continued
31 August 2024


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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 January 2025 and were signed by:





G T Owen - Director


DIRECT KITCHEN CONTRACTS LIMITED (REGISTERED NUMBER: 05149286)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Direct Kitchen Contracts Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 - 15% on reducing balance
Fixtures and fittings - 10% on reducing balance
Motor vehicles - 25% on reducing balance
Office equipment - 25% on reducing balance

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

Current or deferred 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.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 3 ) .

DIRECT KITCHEN CONTRACTS LIMITED (REGISTERED NUMBER: 05149286)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

4. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Office
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 September 2023 3,912 2,958 51,500 3,873 62,243
Additions - - 34,290 - 34,290
Disposals - - (20,000 ) - (20,000 )
At 31 August 2024 3,912 2,958 65,790 3,873 76,533
DEPRECIATION
At 1 September 2023 3,131 1,598 28,803 2,809 36,341
Charge for year 117 136 8,443 169 8,865
Eliminated on disposal - - (7,072 ) - (7,072 )
At 31 August 2024 3,248 1,734 30,174 2,978 38,134
NET BOOK VALUE
At 31 August 2024 664 1,224 35,616 895 38,399
At 31 August 2023 781 1,360 22,697 1,064 25,902

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 1,049 9,006

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 19,095 31,400
Taxation and social security 6,304 4,050
Other creditors 2,470 2,470
37,869 47,920

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans 7,323 17,323

8. PROVISIONS FOR LIABILITIES
31.8.24 31.8.23
£    £   
Deferred tax
Accelerated capital allowances 5,127 2,614

DIRECT KITCHEN CONTRACTS LIMITED (REGISTERED NUMBER: 05149286)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 September 2023 2,614
Accelerated capital allowances 2,513
Balance at 31 August 2024 5,127

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

31.8.24 31.8.23
£    £   
G T Owen
Balance outstanding at start of year 9,007 (365 )
Amounts advanced 17,710 9,372
Amounts repaid (25,668 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,049 9,007

10. ULTIMATE CONTROLLING PARTY

The controlling party is G T Owen.

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Direct Kitchen Contracts Limited

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Direct Kitchen Contracts Limited for the year ended 31 August 2024 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Direct Kitchen Contracts Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Direct Kitchen Contracts Limited and state those matters that we have agreed to state to the director of Direct Kitchen Contracts Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Direct Kitchen Contracts Limited and its director for our work or for this report.

It is your duty to ensure that Direct Kitchen Contracts Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Direct Kitchen Contracts Limited. You consider that Direct Kitchen Contracts Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Direct Kitchen Contracts Limited. 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.






James de Frias
Chartered Accountants
Llanover House
Llanover Road
Pontypridd
Rhondda Cynon Taff
CF37 4DY


Date: .............................................