Silverfin false false 31/08/2024 01/09/2023 31/08/2024 Mr L W Stuart 12/08/2010 27 March 2025 The principal activity of the Company during the financial year was that of a cookery school. 07344208 2024-08-31 07344208 bus:Director1 2024-08-31 07344208 2023-08-31 07344208 core:CurrentFinancialInstruments 2024-08-31 07344208 core:CurrentFinancialInstruments 2023-08-31 07344208 core:Non-currentFinancialInstruments 2024-08-31 07344208 core:Non-currentFinancialInstruments 2023-08-31 07344208 core:ShareCapital 2024-08-31 07344208 core:ShareCapital 2023-08-31 07344208 core:RetainedEarningsAccumulatedLosses 2024-08-31 07344208 core:RetainedEarningsAccumulatedLosses 2023-08-31 07344208 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2023-08-31 07344208 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2024-08-31 07344208 core:LandBuildings 2023-08-31 07344208 core:PlantMachinery 2023-08-31 07344208 core:FurnitureFittings 2023-08-31 07344208 core:ComputerEquipment 2023-08-31 07344208 core:LandBuildings 2024-08-31 07344208 core:PlantMachinery 2024-08-31 07344208 core:FurnitureFittings 2024-08-31 07344208 core:ComputerEquipment 2024-08-31 07344208 2023-09-01 2024-08-31 07344208 bus:FilletedAccounts 2023-09-01 2024-08-31 07344208 bus:SmallEntities 2023-09-01 2024-08-31 07344208 bus:AuditExemptWithAccountantsReport 2023-09-01 2024-08-31 07344208 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 07344208 bus:Director1 2023-09-01 2024-08-31 07344208 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill core:TopRangeValue 2023-09-01 2024-08-31 07344208 core:PlantMachinery 2023-09-01 2024-08-31 07344208 core:FurnitureFittings 2023-09-01 2024-08-31 07344208 core:ComputerEquipment 2023-09-01 2024-08-31 07344208 2022-09-01 2023-08-31 07344208 core:Non-standardIntangibleAssetClass1ComponentIntangibleAssetsOtherThanGoodwill 2023-09-01 2024-08-31 07344208 core:LandBuildings 2023-09-01 2024-08-31 07344208 core:Non-currentFinancialInstruments 2023-09-01 2024-08-31 iso4217:GBP xbrli:pure

Company No: 07344208 (England and Wales)

WHITE PEPPER COOKERY LIMITED

Unaudited Financial Statements
For the financial year ended 31 August 2024
Pages for filing with the registrar

WHITE PEPPER COOKERY LIMITED

Unaudited Financial Statements

For the financial year ended 31 August 2024

Contents

WHITE PEPPER COOKERY LIMITED

BALANCE SHEET

As at 31 August 2024
WHITE PEPPER COOKERY LIMITED

BALANCE SHEET (continued)

As at 31 August 2024
Note 2024 2023
£ £
Fixed assets
Intangible assets 3 8,545 11,099
Tangible assets 4 244,156 28,102
252,701 39,201
Current assets
Debtors 5 242,269 137,963
Cash at bank and in hand 132,247 45,035
374,516 182,998
Creditors: amounts falling due within one year 6 ( 495,112) ( 140,390)
Net current (liabilities)/assets (120,596) 42,608
Total assets less current liabilities 132,105 81,809
Creditors: amounts falling due after more than one year 7 ( 100,008) ( 26,208)
Net assets 32,097 55,601
Capital and reserves
Called-up share capital 100 100
Profit and loss account 31,997 55,501
Total shareholder's funds 32,097 55,601

For the financial year ending 31 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

These financial statements have been prepared in accordance with the provisions of FRS 102 Section 1A – small entities. The financial statements of White Pepper Cookery Limited (registered number: 07344208) were approved and authorised for issue by the Director on 27 March 2025. They were signed on its behalf by:

Mr L W Stuart
Director
WHITE PEPPER COOKERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
WHITE PEPPER COOKERY LIMITED

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

White Pepper Cookery Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is 89 High Street, Poole, BH15 1AH, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

Revenue from services is recognised as they are delivered.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Website costs 5 years straight line
Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a [straight-line, reducing balance] basis over its expected useful life, as follows:

Land and buildings not depreciated
Plant and machinery 25 % reducing balance
Fixtures and fittings 25 % reducing balance
Computer equipment 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the 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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.

Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.

Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

2. Employees

2024 2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 4 5

3. Intangible assets

Website costs Total
£ £
Cost
At 01 September 2023 12,770 12,770
At 31 August 2024 12,770 12,770
Accumulated amortisation
At 01 September 2023 1,671 1,671
Charge for the financial year 2,554 2,554
At 31 August 2024 4,225 4,225
Net book value
At 31 August 2024 8,545 8,545
At 31 August 2023 11,099 11,099

4. Tangible assets

Land and buildings Plant and machinery Fixtures and fittings Computer equipment Total
£ £ £ £ £
Cost
At 01 September 2023 0 9,219 94,201 13,235 116,655
Additions 222,463 0 616 0 223,079
At 31 August 2024 222,463 9,219 94,817 13,235 339,734
Accumulated depreciation
At 01 September 2023 0 4,754 75,518 8,281 88,553
Charge for the financial year 0 1,116 4,670 1,239 7,025
At 31 August 2024 0 5,870 80,188 9,520 95,578
Net book value
At 31 August 2024 222,463 3,349 14,629 3,715 244,156
At 31 August 2023 0 4,465 18,683 4,954 28,102

5. Debtors

2024 2023
£ £
Trade debtors 238,818 130,120
Other debtors 3,451 7,843
242,269 137,963

6. Creditors: amounts falling due within one year

2024 2023
£ £
Bank loans 88,397 10,009
Trade creditors 12,752 5,138
Taxation and social security 32,075 45,041
Other creditors 361,888 80,202
495,112 140,390

7. Creditors: amounts falling due after more than one year

2024 2023
£ £
Bank loans 100,008 26,208

There are no amounts included above in respect of which any security has been given by the small entity.