IRIS Accounts Production v25.1.0.734 10345103 director 1.9.23 31.8.24 31.8.24 false true false false false true false Ordinary 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh103451032023-08-31103451032024-08-31103451032023-09-012024-08-31103451032022-08-31103451032022-09-012023-08-31103451032023-08-3110345103ns15:EnglandWales2023-09-012024-08-3110345103ns14:PoundSterling2023-09-012024-08-3110345103ns10:Director12023-09-012024-08-3110345103ns10:PrivateLimitedCompanyLtd2023-09-012024-08-3110345103ns10:SmallEntities2023-09-012024-08-3110345103ns10:AuditExempt-NoAccountantsReport2023-09-012024-08-3110345103ns10:SmallCompaniesRegimeForDirectorsReport2023-09-012024-08-3110345103ns10:SmallCompaniesRegimeForAccounts2023-09-012024-08-3110345103ns10:FullAccounts2023-09-012024-08-311034510312023-09-012024-08-3110345103ns10:OrdinaryShareClass12023-09-012024-08-3110345103ns10:RegisteredOffice2023-09-012024-08-3110345103ns5:CurrentFinancialInstruments2024-08-3110345103ns5:CurrentFinancialInstruments2023-08-3110345103ns5:ShareCapital2024-08-3110345103ns5:ShareCapital2023-08-3110345103ns5:RetainedEarningsAccumulatedLosses2024-08-3110345103ns5:RetainedEarningsAccumulatedLosses2023-08-3110345103ns5:NetGoodwill2023-09-012024-08-3110345103ns5:NetGoodwill2023-08-3110345103ns5:NetGoodwill2024-08-3110345103ns5:NetGoodwill2023-08-3110345103ns5:PlantMachinery2023-08-3110345103ns5:FurnitureFittings2023-08-3110345103ns5:ComputerEquipment2023-08-3110345103ns5:PlantMachinery2023-09-012024-08-3110345103ns5:FurnitureFittings2023-09-012024-08-3110345103ns5:ComputerEquipment2023-09-012024-08-3110345103ns5:PlantMachinery2024-08-3110345103ns5:FurnitureFittings2024-08-3110345103ns5:ComputerEquipment2024-08-3110345103ns5:PlantMachinery2023-08-3110345103ns5:FurnitureFittings2023-08-3110345103ns5:ComputerEquipment2023-08-3110345103ns5:WithinOneYearns5:CurrentFinancialInstruments2024-08-3110345103ns5:WithinOneYearns5:CurrentFinancialInstruments2023-08-3110345103ns5:DeferredTaxation2023-08-3110345103ns5:DeferredTaxation2024-08-3110345103ns10:OrdinaryShareClass12024-08-31103451031ns10:Director12023-08-31103451031ns10:Director12022-08-31103451031ns10:Director12023-09-012024-08-31103451031ns10:Director12022-09-012023-08-31103451031ns10:Director12024-08-31103451031ns10:Director12023-08-31
REGISTERED NUMBER: 10345103 (England and Wales)















Unaudited Financial Statements for the Year Ended 31 August 2024

for

PULSE CATERING LTD

PULSE CATERING LTD (REGISTERED NUMBER: 10345103)






Contents of the Financial Statements
for the year ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PULSE CATERING LTD

Company Information
for the year ended 31 August 2024







DIRECTOR: S Duncan





REGISTERED OFFICE: Preston Park House
South Road
Brighton
East Sussex
BN1 6SB





REGISTERED NUMBER: 10345103 (England and Wales)





ACCOUNTANTS: Plus Accounting
Chartered Accountants
Preston Park House
South Road
Brighton
East Sussex
BN1 6SB

PULSE CATERING LTD (REGISTERED NUMBER: 10345103)

Balance Sheet
31 August 2024

2024 2023
Notes £ £
FIXED ASSETS
Intangible assets 4 400 600
Tangible assets 5 7,288 7,831
7,688 8,431

CURRENT ASSETS
Stocks 6,045 2,751
Debtors 6 6,801 -
Cash at bank 10,993 12,920
23,839 15,671
CREDITORS
Amounts falling due within one year 7 (32,236 ) (19,888 )
NET CURRENT LIABILITIES (8,397 ) (4,217 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(709

)

4,214

PROVISIONS FOR LIABILITIES 8 (1,385 ) (1,488 )
NET (LIABILITIES)/ASSETS (2,094 ) 2,726

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings (2,194 ) 2,626
SHAREHOLDERS' FUNDS (2,094 ) 2,726

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 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.

PULSE CATERING LTD (REGISTERED NUMBER: 10345103)

Balance Sheet - continued
31 August 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 May 2025 and were signed by:





S Duncan - Director


PULSE CATERING LTD (REGISTERED NUMBER: 10345103)

Notes to the Financial Statements
for the year ended 31 August 2024

1. STATUTORY INFORMATION

Pulse Catering 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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 represents the fair value of consideration received or receivable net of VAT and trade discounts.
Revenue from catering event services is recognised on the date that the services are provided.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2016, is being amortised evenly over its estimated useful life of ten years.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended by management.

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures & fittings-20% on cost
Equipment-25% on cost


Financial instruments
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 entity after deducting all of its financial liabilities.

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


PULSE CATERING LTD (REGISTERED NUMBER: 10345103)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

2. ACCOUNTING POLICIES - continued
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.

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.

Impairment
At each balance sheet date, the company reviews the carrying amount of its assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any. Where it is not possible to estimate the recoverable amount of an asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in existence for the foreseeable future. The company therefore continues to adopt the going concern basis in preparing its financial statements.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 22 (2023 - 11 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£
COST
At 1 September 2023
and 31 August 2024 2,000
AMORTISATION
At 1 September 2023 1,400
Charge for year 200
At 31 August 2024 1,600
NET BOOK VALUE
At 31 August 2024 400
At 31 August 2023 600

PULSE CATERING LTD (REGISTERED NUMBER: 10345103)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Fixtures
and Computer
Equipment fittings equipment Totals
£ £ £ £
COST
At 1 September 2023 11,896 14,524 949 27,369
Additions 1,492 1,120 248 2,860
At 31 August 2024 13,388 15,644 1,197 30,229
DEPRECIATION
At 1 September 2023 4,912 14,314 312 19,538
Charge for year 2,919 262 222 3,403
At 31 August 2024 7,831 14,576 534 22,941
NET BOOK VALUE
At 31 August 2024 5,557 1,068 663 7,288
At 31 August 2023 6,984 210 637 7,831

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Other debtors 6,801 -

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£ £
Trade creditors 170 330
Taxation and social security 30,833 18,369
Other creditors 1,233 1,189
32,236 19,888

8. PROVISIONS FOR LIABILITIES
2024 2023
£ £
Deferred tax 1,385 1,488

Deferred tax
£
Balance at 1 September 2023 1,488
Accelerated capital allowances (103 )
Balance at 31 August 2024 1,385

PULSE CATERING LTD (REGISTERED NUMBER: 10345103)

Notes to the Financial Statements - continued
for the year ended 31 August 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £ £
100 Ordinary £1 100 100

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£ £
S Duncan
Balance outstanding at start of year - -
Amounts advanced 1,201 -
Amounts repaid - -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,201 -

Director's loan is interest free and repayable on demand.

11. NEGATIVE RETAINED EARNINGS

Under s830 of the Companies Act 2006 a company is prohibited from making a distribution except out of profits available for this purpose. If at the time of distribution the members know or have reasonable grounds for knowing that a distribution is unlawful they are liable to repay it (or that part of it, as the case may be) to the company in the event of a winding up as stipulated by s847 of the Companies Act 2006.

At the time the dividend was paid the directors were not aware that there were insufficient profits available for distribution and the directors acknowledge that no further distributions can be made until there are sufficient profits available for that purpose.