31 May 2023 false Taxfiler 2024.6 07606569business:PrivateLimitedCompanyLtd2023-05-312024-05-30 076065692023-05-30 076065692023-05-312024-05-30 07606569business:AuditExemptWithAccountantsReport2023-05-312024-05-30 07606569business:FilletedAccounts2023-05-312024-05-30 076065692024-05-30 07606569business:Director12023-05-312024-05-30 07606569business:Director22023-05-312024-05-30 07606569business:Director32023-05-312024-05-30 07606569business:RegisteredOffice2023-05-312024-05-30 076065692023-05-30 07606569core:WithinOneYear2024-05-30 07606569core:WithinOneYear2023-05-30 07606569core:AfterOneYear2024-05-30 07606569core:AfterOneYear2023-05-30 07606569core:ShareCapitalcore:PreviouslyStatedAmount2024-05-30 07606569core:ShareCapitalcore:PreviouslyStatedAmount2023-05-30 07606569core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-30 07606569core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-05-30 07606569core:PreviouslyStatedAmount2024-05-30 07606569core:PreviouslyStatedAmount2023-05-30 07606569business:SmallEntities2023-05-312024-05-30 07606569countries:EnglandWales2023-05-312024-05-30 07606569core:PlantMachinery2023-05-312024-05-30 07606569core:FurnitureFittings2023-05-312024-05-30 07606569core:ComputerEquipment2023-05-312024-05-30 07606569core:PlantMachinery2023-05-30 07606569core:FurnitureFittings2023-05-30 07606569core:ComputerEquipment2023-05-30 07606569core:PlantMachinery2024-05-30 07606569core:FurnitureFittings2024-05-30 07606569core:ComputerEquipment2024-05-30 07606569business:OrdinaryShareClass12023-05-312024-05-30 07606569business:OrdinaryShareClass12022-05-312023-05-30 076065692022-05-312023-05-30 iso4217:GBP xbrli:shares xbrli:pure
Company Registration No. 07606569 (England and Wales)
Sweetness Catering UK Ltd Filleted Accounts for the year ended 30 May 2024
Sweetness Catering UK Ltd Filleted Accounts Contents
Page
- 2 -
Sweetness Catering UK Ltd Company Information for the year ended 30 May 2024
Directors
Christopher Ajayi Lee-Anne Ajayi Stefan Ajayi
Company Number
07606569 (England and Wales)
Registered Office
Sapphire House 73, St. Margarets Avenue London N20 9LD
Accountants
Lacome & Co Chartered Accountants Sapphire House 73 St.Margarets Avenue London N20 9LD
- 3 -
Sweetness Catering UK Ltd Statement of financial position as at 30 May 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
51,159 
12,063 
Current assets
Inventories
5,000 
5,500 
Debtors
23,376 
19,308 
Cash at bank and in hand
4,662 
17,124 
33,038 
41,932 
Creditors: amounts falling due within one year
(14,202)
(8,126)
Net current assets
18,836 
33,806 
Total assets less current liabilities
69,995 
45,869 
Creditors: amounts falling due after more than one year
(66,207)
(35,098)
Net assets
3,788 
10,771 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
3,785 
10,768 
Shareholders' funds
3,788 
10,771 
For the year ending 30 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 5 August 2024 and were signed on its behalf by
Christopher Ajayi Director Company Registration No. 07606569
- 4 -
Sweetness Catering UK Ltd Notes to the Accounts for the year ended 30 May 2024
1
Statutory information
Sweetness Catering UK Ltd is a private company, limited by shares, registered in England and Wales, registration number 07606569. The registered office is Sapphire House, 73, St. Margarets Avenue, London, N20 9LD.
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 represents net invoiced fees receivable, excluding Value Added Tax.
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
Reducing balance method at 20% per annum.
Fixtures & fittings
Reducing balance method at 20% per annum.
Computer equipment
Reducing balance method at 20% per annum.
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.
Stock
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
- 5 -
Sweetness Catering UK Ltd Notes to the Accounts for the year ended 30 May 2024
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 31 May 2023
15,496 
18,142 
1,745 
35,383 
Additions
41,733 
6,969 
3,184 
51,886 
At 30 May 2024
57,229 
25,111 
4,929 
87,269 
Depreciation
At 31 May 2023
14,288 
8,474 
558 
23,320 
Charge for the year
8,588 
3,327 
875 
12,790 
At 30 May 2024
22,876 
11,801 
1,433 
36,110 
Net book value
At 30 May 2024
34,353 
13,310 
3,496 
51,159 
At 30 May 2023
1,208 
9,668 
1,187 
12,063 
5
Inventories
2024 
2023 
£ 
£ 
Raw materials
5,000 
5,500 
5,000 
5,500 
Stock has been valued at the lower of cost and estimated selling price less costs to complete and sell.
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
13,653 
18,586 
Other debtors
9,723 
722 
23,376 
19,308 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
30,431 
6,536 
VAT
28,096 
29,204 
Trade creditors
9,964 
9,509 
Taxes and social security
17,675 
24,992 
Other creditors
2,709 
2,709 
Loans from directors
(79,236)
(69,712)
Accruals
4,563 
4,888 
14,202 
8,126 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
66,207 
35,098 
- 6 -
Sweetness Catering UK Ltd Notes to the Accounts for the year ended 30 May 2024
9
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
3 Ordinary shares - A Shares of £1 each
3 
3 
10
Average number of employees
During the year the average number of employees was 14 (2023: 17).
- 7 -