| |
|
2024 |
|
2023 |
| |
|
£ |
£ |
|
£ |
£ |
| Fixed assets |
|
|
21,082 |
|
|
25,367 |
| Current assets |
|
39,316 |
|
|
64,758 |
|
| Creditors: amount falling due within one year |
|
(33,513) |
|
|
(84,704) |
|
|
Net current assets
|
|
|
5,803
|
|
|
(19,946)
|
|
Total assets less current liabilities
|
|
|
26,885 |
|
|
5,421 |
| Provisions for liabilities |
|
|
(4,333) |
|
|
(4,839) |
|
Net assets
|
|
|
22,552 |
|
|
582 |
| |
|
|
|
|
|
|
|
Capital and reserves
|
|
|
22,552 |
|
|
582 |
| |
NOTES TO THE ACCOUNTS
General Information
Ceginau Lifestyle Kitchens Limited is a private company, limited by shares, registered in England and Wales, registration number 05118365, registration address Dolgader House, Market Square, Llanbydder, Dyfed, SA40 9UE.
The presentation currency is £ sterling.
| 1. |
Accounting policies
Going concern basis
The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.
Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Deferred taxation
Deferred tax is provided in full in respect of taxation deferred by timing differences between the treatment of certain items for taxation and accounting purposes. The deferred tax balance has not been discounted.
Tangible fixed assets
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
| Plant and Machinery |
25% Reducing Balance
|
Stocks
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
|
| 2. |
Tangible fixed assets
| Cost or valuation |
Plant and Machinery |
|
Total |
| |
£ |
|
£ |
| At 01 September 2023 |
84,411 |
|
84,411 |
| Additions |
2,094 |
|
2,094 |
| Disposals |
- |
|
- |
| At 31 August 2024 |
86,505 |
|
86,505 |
| Depreciation |
| At 01 September 2023 |
59,044 |
|
59,044 |
| Charge for year |
6,379 |
|
6,379 |
| On disposals |
- |
|
- |
| At 31 August 2024 |
65,423 |
|
65,423 |
| Net book values |
| Closing balance as at 31 August 2024 |
21,082 |
|
21,082 |
| Opening balance as at 01 September 2023 |
25,367 |
|
25,367 |
|
| 3. |
Average number of employees
Average number of employees during the year was 2 (2023 : 2).
|
| 4. |
Ultimate Controlling Party
The ultimate controlling parties are Elizabeth Menna Jones and Paul Andrew Jones
|
For the year ended 31 August 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' Responsibilities: The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.
These accounts have been prepared in accordance with the micro-entity provisions and FRS 105, the Financial Reporting Standard applicable to the micro-entities regime. The accounts have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. The income statement has not been delivered to the Registrar of Companies.
The financial statements were approved by the board of directors on 21 May 2025 and were signed on its behalf by: -------------------------------- Elizabeth Menna Jones Director |
2
|