IRIS Accounts Production v24.1.4.33 11404728 director 1.7.23 30.6.24 30.6.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh114047282023-06-30114047282024-06-30114047282023-07-012024-06-30114047282022-06-30114047282022-07-012023-06-30114047282023-06-3011404728ns15:EnglandWales2023-07-012024-06-3011404728ns14:PoundSterling2023-07-012024-06-3011404728ns10:Director12023-07-012024-06-3011404728ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3011404728ns10:SmallEntities2023-07-012024-06-3011404728ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3011404728ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3011404728ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3011404728ns10:FullAccounts2023-07-012024-06-301140472812023-07-012024-06-3011404728ns10:OrdinaryShareClass12023-07-012024-06-3011404728ns10:RegisteredOffice2023-07-012024-06-3011404728ns5:CurrentFinancialInstruments2024-06-3011404728ns5:CurrentFinancialInstruments2023-06-3011404728ns5:Non-currentFinancialInstruments2024-06-3011404728ns5:Non-currentFinancialInstruments2023-06-3011404728ns5:ShareCapital2024-06-3011404728ns5:ShareCapital2023-06-3011404728ns5:RetainedEarningsAccumulatedLosses2024-06-3011404728ns5:RetainedEarningsAccumulatedLosses2023-06-3011404728ns5:NetGoodwill2023-07-012024-06-3011404728ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3011404728ns5:PlantMachinery2023-07-012024-06-3011404728ns5:FurnitureFittings2023-07-012024-06-3011404728ns5:ComputerEquipment2023-07-012024-06-3011404728ns5:NetGoodwill2023-06-3011404728ns5:NetGoodwill2024-06-3011404728ns5:NetGoodwill2023-06-3011404728ns5:PlantMachinery2023-06-3011404728ns5:PlantMachinery2024-06-3011404728ns5:PlantMachinery2023-06-3011404728ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3011404728ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-07-012024-06-3011404728ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2024-06-3011404728ns5:PlantMachineryns5:LeasedAssetsHeldAsLessee2023-06-3011404728ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3011404728ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3011404728ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3011404728ns5:HirePurchaseContractsns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3011404728ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2024-06-3011404728ns5:BetweenOneFiveYearsns5:HirePurchaseContracts2023-06-3011404728ns5:HirePurchaseContracts2024-06-3011404728ns5:HirePurchaseContracts2023-06-3011404728ns5:WithinOneYear2024-06-3011404728ns5:WithinOneYear2023-06-3011404728ns5:BetweenOneFiveYears2024-06-3011404728ns5:BetweenOneFiveYears2023-06-3011404728ns5:AllPeriods2024-06-3011404728ns5:AllPeriods2023-06-3011404728ns10:OrdinaryShareClass12024-06-30114047281ns10:Director12023-06-30114047281ns10:Director12022-06-30114047281ns10:Director12023-07-012024-06-30114047281ns10:Director12022-07-012023-06-30114047281ns10:Director12024-06-30114047281ns10:Director12023-06-30
REGISTERED NUMBER: 11404728 (England and Wales)














FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2024

FOR

CALVINS CUISINE LTD

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


CALVINS CUISINE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 30 JUNE 2024







DIRECTOR: C L Hood





REGISTERED OFFICE: The Railway Hotel
Church Street
Haydon Bridge
Hexham
Northumberland
NE47 6JG





REGISTERED NUMBER: 11404728 (England and Wales)





ACCOUNTANTS: RMT Ribchesters
Accountants and Business Advisors
Finchale House
Belmont Business Park
Durham
DH1 1TW

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

BALANCE SHEET
30 JUNE 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - 1,011
Tangible assets 5 2,000 15,047
2,000 16,058

CURRENT ASSETS
Stocks 5,346 5,774
Debtors 6 22,455 21,880
Cash at bank and in hand 1,657 14,587
29,458 42,241
CREDITORS
Amounts falling due within one year 7 46,485 47,551
NET CURRENT LIABILITIES (17,027 ) (5,310 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(15,027

)

10,748

CREDITORS
Amounts falling due after more than one
year

8

(29,807

)

(41,290

)

PROVISIONS FOR LIABILITIES - (2,388 )
NET LIABILITIES (44,834 ) (32,930 )

CAPITAL AND RESERVES
Called up share capital 10 1 1
Retained earnings (44,835 ) (32,931 )
SHAREHOLDERS' FUNDS (44,834 ) (32,930 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

BALANCE SHEET - continued
30 JUNE 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 21 March 2025 and were signed by:





C L Hood - Director


CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024

1. STATUTORY INFORMATION

Calvins Cuisine Ltd 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 2018, 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on cost
Fixtures and fittings - 33% on cost
Computer equipment - 33% 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.

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Financial instruments
The company has elected to apply the provisions of section 11 'Basic Financial Instruments' and Section 12 'Other Financial Instruments Issues' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally 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.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities
Financial liabilities and equity instruments are classified according to substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities
Basic financial liabilities, including creditors, bank loans, other loans, and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 7 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2023
and 30 June 2024 15,000
AMORTISATION
At 1 July 2023 13,989
Charge for year 1,011
At 30 June 2024 15,000
NET BOOK VALUE
At 30 June 2024 -
At 30 June 2023 1,011

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023 36,024
Additions 1,042
At 30 June 2024 37,066
DEPRECIATION
At 1 July 2023 20,977
Charge for year 14,089
At 30 June 2024 35,066
NET BOOK VALUE
At 30 June 2024 2,000
At 30 June 2023 15,047

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 19,570
DEPRECIATION
At 1 July 2023 8,562
Charge for year 9,008
At 30 June 2024 17,570
NET BOOK VALUE
At 30 June 2024 2,000
At 30 June 2023 11,008

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Other debtors 22,455 21,880

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 5,000 5,000
Hire purchase contracts (see note 9) 6,153 5,565
Trade creditors 10,251 8,106
Taxation and social security 9,593 13,870
Other creditors 15,488 15,010
46,485 47,551

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 29,583 34,583
Hire purchase contracts (see note 9) - 6,707
Other creditors 224 -
29,807 41,290

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,583 14,583

9. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts
2024 2023
£    £   
Net obligations repayable:
Within one year 6,153 5,565
Between one and five years - 6,707
6,153 12,272

Non-cancellable operating leases
2024 2023
£    £   
Within one year 33,267 8,000
Between one and five years 119,333 -
152,600 8,000

CALVINS CUISINE LTD (REGISTERED NUMBER: 11404728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 JUNE 2024

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
1 Ordinary £1 1 1

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 June 2024 and 30 June 2023:

2024 2023
£    £   
C L Hood
Balance outstanding at start of year 11,580 26,706
Amounts advanced 3,067 32,207
Amounts repaid - (47,333 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 14,647 11,580