Caseware UK (AP4) 2023.0.135 2023.0.135 2024-03-312024-03-31false42023-04-01No description of principal activity6truetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 13308254 2023-04-01 2024-03-31 13308254 2022-04-01 2023-03-31 13308254 2024-03-31 13308254 2023-03-31 13308254 c:Director1 2023-04-01 2024-03-31 13308254 d:Buildings d:ShortLeaseholdAssets 2023-04-01 2024-03-31 13308254 d:Buildings d:ShortLeaseholdAssets 2024-03-31 13308254 d:Buildings d:ShortLeaseholdAssets 2023-03-31 13308254 d:MotorVehicles 2023-04-01 2024-03-31 13308254 d:MotorVehicles 2024-03-31 13308254 d:MotorVehicles 2023-03-31 13308254 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13308254 d:OfficeEquipment 2023-04-01 2024-03-31 13308254 d:OfficeEquipment 2024-03-31 13308254 d:OfficeEquipment 2023-03-31 13308254 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13308254 d:ComputerEquipment 2023-04-01 2024-03-31 13308254 d:ComputerEquipment 2024-03-31 13308254 d:ComputerEquipment 2023-03-31 13308254 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13308254 d:OwnedOrFreeholdAssets 2023-04-01 2024-03-31 13308254 d:CurrentFinancialInstruments 2024-03-31 13308254 d:CurrentFinancialInstruments 2023-03-31 13308254 d:Non-currentFinancialInstruments 2024-03-31 13308254 d:Non-currentFinancialInstruments 2023-03-31 13308254 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 13308254 d:CurrentFinancialInstruments d:WithinOneYear 2023-03-31 13308254 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 13308254 d:Non-currentFinancialInstruments d:AfterOneYear 2023-03-31 13308254 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 13308254 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2023-03-31 13308254 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 13308254 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-03-31 13308254 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 13308254 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-03-31 13308254 d:ShareCapital 2024-03-31 13308254 d:ShareCapital 2023-03-31 13308254 d:SharePremium 2024-03-31 13308254 d:SharePremium 2023-03-31 13308254 d:RetainedEarningsAccumulatedLosses 2024-03-31 13308254 d:RetainedEarningsAccumulatedLosses 2023-03-31 13308254 c:OrdinaryShareClass1 2023-04-01 2024-03-31 13308254 c:OrdinaryShareClass1 2024-03-31 13308254 c:OrdinaryShareClass1 2023-03-31 13308254 c:OrdinaryShareClass2 2023-04-01 2024-03-31 13308254 c:OrdinaryShareClass2 2024-03-31 13308254 c:OrdinaryShareClass2 2023-03-31 13308254 c:FRS102 2023-04-01 2024-03-31 13308254 c:AuditExempt-NoAccountantsReport 2023-04-01 2024-03-31 13308254 c:FullAccounts 2023-04-01 2024-03-31 13308254 c:PrivateLimitedCompanyLtd 2023-04-01 2024-03-31 13308254 e:PoundSterling 2023-04-01 2024-03-31 13308254 d:PreviouslyStatedAmount 2023-03-31 13308254 d:OfficeEquipment d:PreviouslyStatedAmount 2023-03-31 13308254 d:Buildings d:ShortLeaseholdAssets d:PriorPeriodIncreaseDecrease 2023-03-31 13308254 d:MotorVehicles d:PriorPeriodIncreaseDecrease 2023-03-31 13308254 d:OfficeEquipment d:PriorPeriodIncreaseDecrease 2023-03-31 13308254 d:ComputerEquipment d:PriorPeriodIncreaseDecrease 2023-03-31 13308254 d:PriorPeriodIncreaseDecrease 2023-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 13308254










SOJO KITCHEN CATERING & EVENTS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2024

 
SOJO KITCHEN CATERING & EVENTS LTD
REGISTERED NUMBER: 13308254

BALANCE SHEET
AS AT 31 MARCH 2024

As restated
2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
32,077
48,697

  
32,077
48,697

Current assets
  

Debtors: amounts falling due within one year
 5 
10,986
20,234

Cash at bank and in hand
 6 
7,773
4,023

  
18,759
24,257

Creditors: amounts falling due within one year
 7 
(72,939)
(25,777)

Net current liabilities
  
 
 
(54,180)
 
 
(1,520)

Total assets less current liabilities
  
(22,103)
47,177

Creditors: amounts falling due after more than one year
 8 
(111,836)
(147,408)

  

Net liabilities
  
(133,939)
(100,231)


Capital and reserves
  

Called up share capital 
  
11
10

Share premium account
  
190,008
39,999

Profit and loss account
  
(323,958)
(140,240)

  
(133,939)
(100,231)


Page 1

 
SOJO KITCHEN CATERING & EVENTS LTD
REGISTERED NUMBER: 13308254

BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2024

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Victoria Wellington
Director

Date: 19 March 2025

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 
SOJO KITCHEN CATERING & EVENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1.


General information

Sojo Kitchen Catering & Events Ltd is a private company limited by shares and incorporated in England and Wales. The address of its registered office is Unit 1 The Hay Barn Greenlands Farm, Dairy Lane, Henley-On-Thames, Oxfordshire, England, RG9 3AS.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies.

The following principal accounting policies have been applied:

 
2.2

Going concern

The Directors have committed to providing sufficient support to the company to enable it to continue for a period of at least twelve months from when the financial statements are signed.

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Operating leases: the Company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 3

 
SOJO KITCHEN CATERING & EVENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

2.Accounting policies (continued)

 
2.6

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Leasehold improvements
-
20%
Motor vehicles
-
20%
Kitchen equipment
-
20%
Computer equipment
-
33%

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.7

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.8

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.9

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 6 (2023 - 4).

Page 4
 


 
SOJO KITCHEN CATERING & EVENTS LTD


 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024


4.


Tangible fixed assets






Leasehold improvements
Motor vehicles
Office equipment
Computer equipment
Total

£
£
£
£
£



Cost or valuation


At 1 April 2023 (as previously stated)
38,580
9,500
19,992
2,644
70,716


Prior Year Adjustment
-
-
10,623
-
10,623


At 1 April 2023 (as restated)
38,580
9,500
30,615
2,644
81,339



At 31 March 2024

38,580
9,500
30,615
2,644
81,339



Depreciation


At 1 April 2023 (as previously stated)
15,432
3,800
7,996
1,164
28,392


Prior Year Adjustment
-
-
4,250
-
4,250


At 1 April 2023 (as restated)
15,432
3,800
12,246
1,164
32,642


Charge for the year on owned assets
7,716
1,900
6,123
881
16,620



At 31 March 2024

23,148
5,700
18,369
2,045
49,262



Net book value



At 31 March 2024
15,432
3,800
12,246
599
32,077



At 31 March 2023 (as restated)
23,148
5,700
18,369
1,480
48,697

Page 5
 
SOJO KITCHEN CATERING & EVENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

5.


Debtors

As restated
2024
2023
£
£


Trade debtors
5,986
12,717

Other debtors
5,000
7,517

10,986
20,234



6.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
7,773
4,023



7.


Creditors: Amounts falling due within one year

As restated
2024
2023
£
£

Bank loans
19,837
4,697

Trade creditors
8,103
9,875

Other taxation and social security
29,877
1,479

Other creditors
12,662
7,376

Accruals and deferred income
2,460
2,350

72,939
25,777



8.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
111,836
27,398

Other loans
-
120,010

111,836
147,408


Page 6

 
SOJO KITCHEN CATERING & EVENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

9.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
19,837
4,697


19,837
4,697

Amounts falling due 1-2 years

Bank loans
22,534
4,697

Other loans
-
120,010


22,534
124,707

Amounts falling due 2-5 years

Bank loans
83,852
14,091


83,852
14,091

Amounts falling due after more than 5 years

Bank loans
5,450
8,610

5,450
8,610

131,673
152,105



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



900 (2023 - 9) Ordinary A shares of £0.01 (£2023 - £1) each
9
9
225 (2023 - 1) Ordinary B shares of £0.01 (2023 - £1) each
2
1

11

10


During the year the Ordinary A and Ordinary B shares were subdivided from £1 to £0.01 per share. An additional 125 Ordinary B shares were issued in the year and the excess paid over nominal value is recorded in share premium.

Page 7

 
SOJO KITCHEN CATERING & EVENTS LTD
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

11.


Prior year adjustment

A prior year adjustment has been posted in respect to fixed assets transferred to the company from the directors on 1 April 2021. Office equipment costs have increased by £10,623 and depreciation has been adjusted to reflect the depreciation charged from the date of the transfer.


12.


Related party transactions

Other loans of £nil (2023: £120,010) relate to a shareholder loan that is non-interest bearing. This was converted into share premium following the issue of share capital on 27 April 2023.

Page 8