Registered number
11120882
The Lean Kitchen (Wigan) Limited
Filleted Accounts
31 December 2024
The Lean Kitchen (Wigan) Limited
Registered number: 11120882
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 2,228 1,600
Current assets
Debtors 4 1,294 1,993
Cash at bank and in hand 5,913 2,963
7,207 4,956
Creditors: amounts falling due within one year 5 (38,527) (43,749)
Net current liabilities (31,320) (38,793)
Total assets less current liabilities (29,092) (37,193)
Creditors: amounts falling due after more than one year 6 (58,240) (70,575)
Net liabilities (87,332) (107,768)
Capital and reserves
Called up share capital 100 100
Profit and loss account (87,432) (107,868)
Shareholders' funds (87,332) (107,768)
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Kevin Brown
Director
Approved by the board on 27 March 2025
The Lean Kitchen (Wigan) Limited
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 4 years
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are recognised at transaction price including any transaction costs.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are recognised at transaction price net of any transaction costs.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 19 20
3 Tangible fixed assets
Plant and machinery etc
£
Cost
At 1 January 2024 13,568
Additions 4,355
At 31 December 2024 17,923
Depreciation
At 1 January 2024 11,968
Charge for the year 3,727
At 31 December 2024 15,695
Net book value
At 31 December 2024 2,228
At 31 December 2023 1,600
4 Debtors 2024 2023
£ £
Other debtors 1,294 1,993
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 11,876 11,418
Trade creditors 3,288 4,816
Taxation and social security costs 21,042 23,280
Other creditors 2,321 4,235
38,527 43,749
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 58,240 70,575
7 Other information
The Lean Kitchen (Wigan) Limited is a private company limited by shares and incorporated in England. Its registered office is:
255 Poulton Road
Wallasey
Wirral
United Kingdom
CH44 4BT
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