IRIS Accounts Production v24.3.2.46 08177386 Board of Directors Board of Directors 1.9.23 31.8.24 31.8.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh081773862023-08-31081773862024-08-31081773862023-09-012024-08-31081773862022-08-31081773862022-09-012023-08-31081773862023-08-3108177386ns15:EnglandWales2023-09-012024-08-3108177386ns14:PoundSterling2023-09-012024-08-3108177386ns10:Director12023-09-012024-08-3108177386ns10:Director22023-09-012024-08-3108177386ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3108177386ns10:SmallEntities2023-09-012024-08-3108177386ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3108177386ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3108177386ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3108177386ns10:FullAccounts2023-09-012024-08-310817738612023-09-012024-08-3108177386ns10:OrdinaryShareClass12023-09-012024-08-3108177386ns10:Director32023-09-012024-08-3108177386ns10:RegisteredOffice2023-09-012024-08-3108177386ns5:CurrentFinancialInstruments2023-08-3108177386ns5:CurrentFinancialInstruments2024-08-3108177386ns5:Non-currentFinancialInstruments2023-08-3108177386ns5:Non-currentFinancialInstruments2024-08-3108177386ns5:ShareCapital2023-08-3108177386ns5:ShareCapital2024-08-3108177386ns5:SharePremium2023-08-3108177386ns5:SharePremium2024-08-3108177386ns5:RetainedEarningsAccumulatedLosses2023-08-3108177386ns5:RetainedEarningsAccumulatedLosses2024-08-3108177386ns5:NetGoodwill2023-09-012024-08-3108177386ns5:IntangibleAssetsOtherThanGoodwill2023-09-012024-08-3108177386ns5:LandBuildings2023-09-012024-08-3108177386ns5:PlantMachinery2023-09-012024-08-3108177386ns5:NetGoodwill2023-08-3108177386ns5:NetGoodwill2024-08-3108177386ns5:NetGoodwill2023-08-3108177386ns5:LandBuildings2023-08-3108177386ns5:PlantMachinery2023-08-3108177386ns5:LandBuildings2024-08-3108177386ns5:PlantMachinery2024-08-3108177386ns5:LandBuildings2023-08-3108177386ns5:PlantMachinery2023-08-3108177386ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3108177386ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3108177386ns10:OrdinaryShareClass12024-08-31081773861ns10:Director12023-08-31081773861ns10:Director12022-08-31081773861ns10:Director12023-09-012024-08-31081773861ns10:Director12022-09-012023-08-31081773861ns10:Director12024-08-31081773861ns10:Director12023-08-31
REGISTERED NUMBER: 08177386 (England and Wales)










Unaudited Financial Statements for the Year Ended 31 August 2024

for

Cloudberry Restaurants Limited

Cloudberry Restaurants Limited (Registered number: 08177386)






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


Cloudberry Restaurants Limited

Company Information
for the Year Ended 31 August 2024







DIRECTORS: Mr O A Tepasse
Mr N J Gerard
Ms E M Hansen





REGISTERED OFFICE: Swift House, Ground Floor
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU





REGISTERED NUMBER: 08177386 (England and Wales)





ACCOUNTANTS: LB Group Advisory Limited
Swift House, Ground Floor
18 Hoffmanns Way
Chelmsford
Essex
CM1 1GU

Cloudberry Restaurants Limited (Registered number: 08177386)

Balance Sheet
31 August 2024

31.8.23 31.8.24
£    £    Notes £    £   
FIXED ASSETS
- Intangible assets 4 -
20,201 Tangible assets 5 57,341
20,201 57,341

CURRENT ASSETS
36,916 Stocks 40,348
14,181 Debtors 6 20,157
46,024 Cash at bank 12,415
97,121 72,920
CREDITORS
159,093 Amounts falling due within one year 7 155,029
(61,972 ) NET CURRENT LIABILITIES (82,109 )
(41,771 ) TOTAL ASSETS LESS CURRENT
LIABILITIES

(24,768

)

CREDITORS
20,019 Amounts falling due after more than one
year

8

9,754
(61,790 ) NET LIABILITIES (34,522 )

CAPITAL AND RESERVES
400 Called up share capital 9 400
99,898 Share premium 99,898
(162,088 ) Retained earnings (134,820 )
(61,790 ) SHAREHOLDERS' FUNDS (34,522 )

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 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.

Cloudberry Restaurants Limited (Registered number: 08177386)

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 Board of Directors and authorised for issue on 25 November 2024 and were signed on its behalf by:




Mr O A Tepasse - Director



Ms E M Hansen - Director


Cloudberry Restaurants Limited (Registered number: 08177386)

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

1. STATUTORY INFORMATION

Cloudberry Restaurants 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.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of five years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - over the lease term
Plant and machinery etc - 33% on cost and 10% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase and other costs incurred in bringing stock to its location and condition.

Financial instruments
The Company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities, like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in non-puttable ordinary shares.

Financial assets that are measured at cost and amortised cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in profit or loss.

Financial assets and liabilities are offset and the net amount reported in the Balance Sheet when there is an enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.


Cloudberry Restaurants Limited (Registered number: 08177386)

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

2. ACCOUNTING POLICIES - continued
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.

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.

Going concern
The financial statements have been prepared on a going concern basis.

At the balance sheet date the company was insolvent. The directors have considered the company's position and anticipate that it will be able to meet current and future liabilities as they fall due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2023 - 13 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 793
AMORTISATION
At 1 September 2023
and 31 August 2024 793
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

Cloudberry Restaurants Limited (Registered number: 08177386)

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

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
Totals buildings etc
£    £    £   
COST
At 1 September 2023 199,815 53,658 146,157
Additions 44,288 23,032 21,256
At 31 August 2024 244,103 76,690 167,413
DEPRECIATION
At 1 September 2023 179,614 53,658 125,956
Charge for year 7,148 1,919 5,229
At 31 August 2024 186,762 55,577 131,185
NET BOOK VALUE
At 31 August 2024 57,341 21,113 36,228
At 31 August 2023 20,201 - 20,201

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Other debtors 20,157 14,181

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.8.24 31.8.23
£    £   
Bank loans and overdrafts 10,265 10,012
Trade creditors 64,698 47,661
Taxation and social security 38,672 32,328
Other creditors 41,394 69,092
155,029 159,093

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.8.24 31.8.23
£    £   
Bank loans 9,754 20,019

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 31.8.24 31.8.23
value: £    £   
400 Ordinary £1.00 400 400

Cloudberry Restaurants Limited (Registered number: 08177386)

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

10. DIRECTORS' 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
£    £   
Mr O A Tepasse
Balance outstanding at start of year - 1,837
Amounts repaid - (1,837 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year - -

The loan was repaid on 4.5.23.

An interest rate of 2.25% was applied to the loan.