Company Registration No. SC567819 (Scotland)
Nth Degree Catering Company Ltd
Unaudited accounts
for the year ended 30 June 2024
Nth Degree Catering Company Ltd
Unaudited accounts
Contents
Nth Degree Catering Company Ltd
Company Information
for the year ended 30 June 2024
Director
Edmond Hilary Martin O'Rourke
Company Number
SC567819 (Scotland)
Registered Office
City Park
Ground Floor - 368 Alexandra Parade
GLASGOW
G31 3AU
SCOTLAND
Accountants
Calculate Accounting Services
42 Philips Wynd
Hamilton
Glasgow
South Lanarkshire
ML3 8PA
Nth Degree Catering Company Ltd
Statement of financial position
as at 30 June 2024
Tangible assets
346,019
385,704
Cash at bank and in hand
117,165
49,008
Creditors: amounts falling due within one year
(33,020)
(103,325)
Net current assets
226,584
171,507
Total assets less current liabilities
572,603
557,211
Creditors: amounts falling due after more than one year
(9,857)
(13,927)
Provisions for liabilities
Deferred tax
(2,238)
(2,238)
Net assets
560,508
541,046
Called up share capital
100
100
Profit and loss account
560,408
540,946
Shareholders' funds
560,508
541,046
For the year ending 30 June 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 26 March 2025 and were signed on its behalf by
Edmond Hilary Martin O'Rourke
Director
Company Registration No. SC567819
Nth Degree Catering Company Ltd
Notes to the Accounts
for the year ended 30 June 2024
Nth Degree Catering Company Ltd is a private company, limited by shares, registered in Scotland, registration number SC567819. The registered office is City Park, Ground Floor - 368 Alexandra Parade, GLASGOW, G31 3AU, SCOTLAND.
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.
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:
Land & buildings
Freehold Property 5% on cost
Plant & machinery
15% on reducing balance
Motor vehicles
25% on cost
Computer equipment
33% on cost
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 July 2023
407,894
15,453
14,682
16,004
454,033
At 30 June 2024
407,894
15,453
14,682
16,004
454,033
At 1 July 2023
41,826
7,258
11,238
8,007
68,329
Charge for the year
34,776
2,049
861
1,999
39,685
At 30 June 2024
76,602
9,307
12,099
10,006
108,014
At 30 June 2024
331,292
6,146
2,583
5,998
346,019
At 30 June 2023
366,068
8,195
3,444
7,997
385,704
Nth Degree Catering Company Ltd
Notes to the Accounts
for the year ended 30 June 2024
Amounts falling due within one year
Trade debtors
135,839
219,864
Accrued income and prepayments
-
960
Amounts falling due after more than one year
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
17,552
22,904
Taxes and social security
13,064
44,353
Loans from directors
(1,649)
(1,993)
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
9,857
13,927
8
Average number of employees
During the year the average number of employees was 19 (2023: 19).