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REGISTERED NUMBER: 11275207 (England and Wales)















Unaudited Financial Statements

for the Period 1 April 2023 to 30 September 2024

for

Sweet And Savoury (North East) Ltd

Sweet And Savoury (North East) Ltd (Registered number: 11275207)






Contents of the Financial Statements
for the Period 1 April 2023 to 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Sweet And Savoury (North East) Ltd

Company Information
for the Period 1 April 2023 to 30 September 2024







DIRECTORS: L Graham
M Graham





REGISTERED OFFICE: Unit 35b
Number One Industrial Estate
Medomsley Road
Consett
Co. Durham
DH8 6SZ





REGISTERED NUMBER: 11275207 (England and Wales)





ACCOUNTANTS: Douglas Shaw Limited
7 Brenkley Way
Blezard Business Park
Seaton Burn
Tyne and Wear
NE13 6DS

Sweet And Savoury (North East) Ltd (Registered number: 11275207)

Balance Sheet
30 September 2024

30.9.24 31.3.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 33,104 15,445
33,104 15,445

CURRENT ASSETS
Stocks 55,294 149,730
Debtors 6 150,928 259,110
Cash at bank 258,278 193,920
464,500 602,760
CREDITORS
Amounts falling due within one year 7 488,324 565,062
NET CURRENT (LIABILITIES)/ASSETS (23,824 ) 37,698
TOTAL ASSETS LESS CURRENT
LIABILITIES

9,280

53,143

CREDITORS
Amounts falling due after more than
one year

8

8,188

23,173
NET ASSETS 1,092 29,970

CAPITAL AND RESERVES
Called up share capital 9 100 100
Retained earnings 992 29,870
SHAREHOLDERS' FUNDS 1,092 29,970

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 September 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 September 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

Sweet And Savoury (North East) Ltd (Registered number: 11275207)

Balance Sheet - continued
30 September 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 Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by:





L Graham - Director


Sweet And Savoury (North East) Ltd (Registered number: 11275207)

Notes to the Financial Statements
for the Period 1 April 2023 to 30 September 2024

1. STATUTORY INFORMATION

Sweet And Savoury (North East) 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2018, is being amortised evenly over its estimated useful life of one years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 25% on reducing balance
Computer equipment - 25% on 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.

Taxation
Taxation for the period 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.


Sweet And Savoury (North East) Ltd (Registered number: 11275207)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 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 period 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 14 (2023 - 17 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 30 September 2024 1,000
AMORTISATION
At 1 April 2023
and 30 September 2024 1,000
NET BOOK VALUE
At 30 September 2024 -
At 31 March 2023 -

Sweet And Savoury (North East) Ltd (Registered number: 11275207)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

5. TANGIBLE FIXED ASSETS
Plant and Computer
machinery equipment Totals
£    £    £   
COST
At 1 April 2023 51,926 2,911 54,837
Additions 35,000 - 35,000
At 30 September 2024 86,926 2,911 89,837
DEPRECIATION
At 1 April 2023 37,609 1,783 39,392
Charge for period 16,953 388 17,341
At 30 September 2024 54,562 2,171 56,733
NET BOOK VALUE
At 30 September 2024 32,364 740 33,104
At 31 March 2023 14,317 1,128 15,445

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Trade debtors 91,825 215,125
Other debtors and prepayments 59,103 43,985
150,928 259,110

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 31.3.23
£    £   
Bank loans and overdrafts 10,000 10,000
Trade creditors 202,559 324,882
Tax - 163
Social security and other taxes 2,242 9,323
VAT 59,113 49,920
Other creditors and accruals 27,807 62,960
Directors' current accounts 186,603 107,814
488,324 565,062

Sweet And Savoury (North East) Ltd (Registered number: 11275207)

Notes to the Financial Statements - continued
for the Period 1 April 2023 to 30 September 2024

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.9.24 31.3.23
£    £   
Bank loans - 1-2 years 8,188 10,000
Bank loans - 2-5 years - 13,173
8,188 23,173

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30.9.24 31.3.23
value: £    £   
100 Ordinary £1 100 100