Company Registration No. 11325281 (England and Wales)
Chocolate Engineering Ltd
Unaudited accounts
for the year ended 30 April 2024
Chocolate Engineering Ltd
Unaudited accounts
Contents
Chocolate Engineering Ltd
Company Information
for the year ended 30 April 2024
Company Number
11325281 (England and Wales)
Registered Office
69 JOHNS ROAD
BUGBROOKE
NORTHAMPTON
NORTHAMPTONSHIRE
NN7 3GD
UNITED KINGDOM
Accountants
Tove Accountancy Limited
Office 6, Town Hall
86 Watling Street East
Towcester
Northants
NN12 6BS
Chocolate Engineering Ltd
Statement of financial position
as at 30 April 2024
Tangible assets
1,072
2,462
Cash at bank and in hand
1,756
4,479
Creditors: amounts falling due within one year
(34,373)
(37,743)
Net current liabilities
(15,462)
(11,902)
Total assets less current liabilities
(14,390)
(9,440)
Creditors: amounts falling due after more than one year
(93,612)
(66,510)
Provisions for liabilities
Net liabilities
(108,129)
(76,418)
Called up share capital
10
10
Profit and loss account
(108,139)
(76,428)
Shareholders' funds
(108,129)
(76,418)
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 22 January 2025 and were signed on its behalf by
Matthew Poat
Director
Company Registration No. 11325281
Chocolate Engineering Ltd
Notes to the Accounts
for the year ended 30 April 2024
Chocolate Engineering Ltd is a private company, limited by shares, registered in England and Wales, registration number 11325281. The registered office is 69 JOHNS ROAD, BUGBROOKE, NORTHAMPTON, NORTHAMPTONSHIRE, NN7 3GD, 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. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
25% straight line
Fixtures & fittings
25% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
The director has confirmed that he will continue to provide financial support to the company until such time as its position improves. The director considers it is appropriate to prepare the financial statements on a going concern basis.
Chocolate Engineering Ltd
Notes to the Accounts
for the year ended 30 April 2024
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 May 2023
13,780
2,808
1,009
17,597
At 30 April 2024
13,780
2,808
1,009
17,597
At 1 May 2023
12,085
2,777
273
15,135
Charge for the year
1,130
7
253
1,390
At 30 April 2024
13,215
2,784
526
16,525
At 30 April 2024
565
24
483
1,072
At 30 April 2023
1,695
31
736
2,462
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
3,195
3,195
Trade creditors
1,595
10,007
Taxes and social security
10,019
4,637
Other creditors
5,083
4,146
Loans from directors
9,780
13,098
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
85,109
59,995
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).