Registered number
04068043
Catering Management Consultants Limited
Filleted Accounts
31 August 2024
Catering Management Consultants Limited
Registered number: 04068043
Balance Sheet
as at 31 August 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 (2,000) (1,500)
Tangible assets 4 203,700 197,819
Investments 5 749 749
202,449 197,068
Current assets
Debtors 6 29,332 28,307
Cash at bank and in hand 304,183 287,449
333,515 315,756
Creditors: amounts falling due within one year 7 (137,876) (168,305)
Net current assets 195,639 147,451
Net assets 398,088 344,519
Capital and reserves
Called up share capital 2 2
Profit and loss account 398,086 344,517
Shareholders' funds 398,088 344,519
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.
I G Stewart
Director
Approved by the board on 16 April 2025
Catering Management Consultants Limited
Notes to the Accounts
for the year ended 31 August 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.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
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:
Motor vehicles 15% reducing balance
Fixtures, fittings, tools and equipment 15% reducing balance
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
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 initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
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. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Leased assets
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.
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 15 16
3 Intangible fixed assets £
Goodwill:
Cost
At 1 September 2023 8,000
At 31 August 2024 8,000
Amortisation
At 1 September 2023 9,500
Provided during the year 500
At 31 August 2024 10,000
Net book value
At 31 August 2024 (2,000)
At 31 August 2023 (1,500)
Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.
4 Tangible fixed assets
Plant and machinery etc Motor vehicles Total
£ £ £
Cost
At 1 September 2023 39,331 301,692 341,023
Additions - 51,854 51,854
Disposals - (44,284) (44,284)
At 31 August 2024 39,331 309,262 348,593
Depreciation
At 1 September 2023 27,751 115,453 143,204
Charge for the year 1,737 17,040 18,777
On disposals - (17,088) (17,088)
At 31 August 2024 29,488 115,405 144,893
Net book value
At 31 August 2024 9,843 193,857 203,700
At 31 August 2023 11,580 186,239 197,819
5 Investments
Other
investments
£
Cost
At 1 September 2023 749
At 31 August 2024 749
6 Debtors 2024 2023
£ £
Trade debtors 29,332 28,307
7 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 40,000 40,000
Trade creditors 8,228 38,297
Taxation and social security costs 53,431 82,884
Other creditors 36,217 7,124
137,876 168,305
8 Other information
Catering Management Consultants Limited is a private company limited by shares and incorporated in England. Its registered office is:
110 Nottage Crescent
Braintree
Essex
CM7 2TX
Catering Management Consultants Limited 04068043 false 2023-09-01 2024-08-31 2024-08-31 VT Final Accounts July 2024 I G Stewart No description of principal activity 04068043 2022-09-01 2023-08-31 04068043 core:WithinOneYear 2023-08-31 04068043 core:ShareCapital 2023-08-31 04068043 core:RetainedEarningsAccumulatedLosses 2023-08-31 04068043 2023-09-01 2024-08-31 04068043 bus:PrivateLimitedCompanyLtd 2023-09-01 2024-08-31 04068043 bus:AuditExempt-NoAccountantsReport 2023-09-01 2024-08-31 04068043 bus:Director40 2023-09-01 2024-08-31 04068043 1 2023-09-01 2024-08-31 04068043 2 2023-09-01 2024-08-31 04068043 core:Goodwill 2023-09-01 2024-08-31 04068043 core:PlantMachinery 2023-09-01 2024-08-31 04068043 core:Vehicles 2023-09-01 2024-08-31 04068043 countries:England 2023-09-01 2024-08-31 04068043 bus:FRS102 2023-09-01 2024-08-31 04068043 bus:FilletedAccounts 2023-09-01 2024-08-31 04068043 2024-08-31 04068043 core:WithinOneYear 2024-08-31 04068043 core:ShareCapital 2024-08-31 04068043 core:RetainedEarningsAccumulatedLosses 2024-08-31 04068043 core:Goodwill 2024-08-31 04068043 core:PlantMachinery 2024-08-31 04068043 core:Vehicles 2024-08-31 04068043 2023-08-31 04068043 core:Goodwill 2023-08-31 04068043 core:PlantMachinery 2023-08-31 04068043 core:Vehicles 2023-08-31 iso4217:GBP xbrli:pure