Registered number
10284391
Kingdom Kream (Trading as Bittersweet) Ltd
Filleted Accounts
31 July 2024
Kingdom Kream (Trading as Bittersweet) Ltd
Registered number: 10284391
Balance Sheet
as at 31 July 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 127,493 131,628
Current assets
Stocks 9,045 9,045
Debtors 4 19,417 19,417
Cash at bank and in hand 3,917 5,494
32,379 33,956
Creditors: amounts falling due within one year 5 (269,839) (249,801)
Net current liabilities (237,460) (215,845)
Total assets less current liabilities (109,967) (84,217)
Creditors: amounts falling due after more than one year 6 (24,705) (27,375)
Net liabilities (134,672) (111,592)
Capital and reserves
Called up share capital 100 100
Profit and loss account (134,772) (111,692)
Shareholders' funds (134,672) (111,592)
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.
R Bibi
Director
Approved by the board on 6 June 2025
Kingdom Kream (Trading as Bittersweet) Ltd
Notes to the Accounts
for the period from 31 July 2023 to 31 July 2024
1 Accounting policies
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.
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.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 10 10
3 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 31 July 2023 115,087 52,587 167,674
At 31 July 2024 115,087 52,587 167,674
Depreciation
At 31 July 2023 - 36,046 36,046
Charge for the period - 4,135 4,135
At 31 July 2024 - 40,181 40,181
Net book value
At 31 July 2024 115,087 12,406 127,493
At 30 July 2023 115,087 16,541 131,628
4 Debtors 2024 2023
£ £
Other debtors 19,417 19,417
5 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 10,000 10,000
Trade creditors 8,577 28,577
Taxation and social security costs 436 260
Accruals 1,575 1,890
Directors account 127,349 113,496
VAT 1,902 (24,422)
Other creditors 120,000 120,000
269,839 249,801
6 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 24,705 27,375
7 Other information
Kingdom Kream (Trading as Bittersweet) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
8 Thee Old Town Hall Parliament Square
Yorkshire Street
Pldham
England
OL1 1RA
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