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Company Registration No. 12591488 (England and Wales)
Cook Franchise Ltd Unaudited accounts for the year ended 31 May 2024
Cook Franchise Ltd Unaudited accounts Contents
Page
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Cook Franchise Ltd Company Information for the year ended 31 May 2024
Directors
David Cook Hannah Cook
Company Number
12591488 (England and Wales)
Registered Office
27A Moor Lane Addingham Ilkley LS29 0PS
Accountants
Goodbooks (Skipton) Ltd Duke House Duke Street Skipton North Yorkshire BD23 2HQ
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Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Cook Franchise Ltd for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Cook Franchise Ltd for the year ended 31 May 2024 as set out on pages 5 - 7 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 at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Cook Franchise Ltd, as a body, in accordance with the terms of our engagement letter dated 9 November 2020. Our work has been undertaken solely to prepare for your approval the accounts of Cook Franchise Ltd and state those matters that we have agreed to state to the Board of Directors of Cook Franchise Ltd, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cook Franchise Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Cook Franchise Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Cook Franchise Ltd. You consider that Cook Franchise Ltd 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 accounts of Cook Franchise Ltd. 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 accounts.
Goodbooks (Skipton) Ltd Chartered Accountants Duke House Duke Street Skipton North Yorkshire BD23 2HQ 24 February 2025
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Cook Franchise Ltd Statement of financial position as at 31 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
40,483 
42,657 
Current assets
Inventories
4,065 
4,736 
Debtors
60,601 
15,330 
Cash at bank and in hand
35,721 
60,889 
100,387 
80,955 
Creditors: amounts falling due within one year
(31,545)
(29,609)
Net current assets
68,842 
51,346 
Net assets
109,325 
94,003 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
109,225 
93,903 
Shareholders' funds
109,325 
94,003 
For the year ending 31 May 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 directors acknowledge their 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 of Directors and authorised for issue on 24 February 2025 and were signed on its behalf by
David Cook Director Company Registration No. 12591488
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Cook Franchise Ltd Notes to the Accounts for the year ended 31 May 2024
1
Statutory information
Cook Franchise Ltd is a private company, limited by shares, registered in England and Wales, registration number 12591488. The registered office is 27A Moor Lane, Addingham, Ilkley, LS29 0PS.
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. 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
Between 3-5 years
Fixtures & fittings
5 years
Computer equipment
3 years
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Foreign exchange
Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rates of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
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Cook Franchise Ltd Notes to the Accounts for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2023
27,012 
32,398 
15,173 
74,583 
Additions
3,856 
9,883 
3,655 
17,394 
At 31 May 2024
30,868 
42,281 
18,828 
91,977 
Depreciation
At 1 June 2023
13,920 
12,158 
5,848 
31,926 
Charge for the year
6,382 
7,815 
5,371 
19,568 
At 31 May 2024
20,302 
19,973 
11,219 
51,494 
Net book value
At 31 May 2024
10,566 
22,308 
7,609 
40,483 
At 31 May 2023
13,092 
20,240 
9,325 
42,657 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
8,920 
8,460 
Other debtors
45,493 
682 
54,413 
9,142 
Amounts falling due after more than one year
Other debtors
6,188 
6,188 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
10,100 
8,943 
Trade creditors
8,955 
9,963 
Taxes and social security
6,223 
6,358 
Other creditors
3,080 
4,299 
Loans from directors
- 
46 
Accruals
3,187 
- 
31,545 
29,609 
7
Average number of employees
During the year the average number of employees was 18 (2023: 16).
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