Caseware UK (AP4) 2023.0.135 2023.0.135 2024-12-292024-12-29truefalsefalse262023-12-30No description of principal activity26trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 11780072 2023-12-30 2024-12-29 11780072 2022-12-30 2023-12-29 11780072 2024-12-29 11780072 2023-12-29 11780072 2022-12-30 11780072 c:Director1 2023-12-30 2024-12-29 11780072 d:Buildings d:ShortLeaseholdAssets 2023-12-30 2024-12-29 11780072 d:Buildings d:ShortLeaseholdAssets 2024-12-29 11780072 d:Buildings d:ShortLeaseholdAssets 2023-12-29 11780072 d:PlantMachinery 2023-12-30 2024-12-29 11780072 d:PlantMachinery 2024-12-29 11780072 d:PlantMachinery 2023-12-29 11780072 d:PlantMachinery d:OwnedOrFreeholdAssets 2023-12-30 2024-12-29 11780072 d:MotorVehicles 2023-12-30 2024-12-29 11780072 d:MotorVehicles 2024-12-29 11780072 d:MotorVehicles 2023-12-29 11780072 d:MotorVehicles d:OwnedOrFreeholdAssets 2023-12-30 2024-12-29 11780072 d:FurnitureFittings 2023-12-30 2024-12-29 11780072 d:FurnitureFittings 2024-12-29 11780072 d:FurnitureFittings 2023-12-29 11780072 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-12-30 2024-12-29 11780072 d:OfficeEquipment 2023-12-30 2024-12-29 11780072 d:OfficeEquipment 2024-12-29 11780072 d:OfficeEquipment 2023-12-29 11780072 d:OfficeEquipment d:OwnedOrFreeholdAssets 2023-12-30 2024-12-29 11780072 d:ComputerEquipment 2023-12-30 2024-12-29 11780072 d:ComputerEquipment 2024-12-29 11780072 d:ComputerEquipment 2023-12-29 11780072 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-12-30 2024-12-29 11780072 d:OwnedOrFreeholdAssets 2023-12-30 2024-12-29 11780072 d:CopyrightsPatentsTrademarksServiceOperatingRights 2024-12-29 11780072 d:CopyrightsPatentsTrademarksServiceOperatingRights 2023-12-29 11780072 d:CurrentFinancialInstruments 2024-12-29 11780072 d:CurrentFinancialInstruments 2023-12-29 11780072 d:Non-currentFinancialInstruments 2024-12-29 11780072 d:Non-currentFinancialInstruments 2023-12-29 11780072 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-29 11780072 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-29 11780072 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-29 11780072 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-29 11780072 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-12-29 11780072 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-12-29 11780072 d:ShareCapital 2023-12-30 2024-12-29 11780072 d:ShareCapital 2024-12-29 11780072 d:ShareCapital 2022-12-30 2023-12-29 11780072 d:ShareCapital 2023-12-29 11780072 d:ShareCapital 2022-12-30 11780072 d:RetainedEarningsAccumulatedLosses 2023-12-30 2024-12-29 11780072 d:RetainedEarningsAccumulatedLosses 2024-12-29 11780072 d:RetainedEarningsAccumulatedLosses 2022-12-30 2023-12-29 11780072 d:RetainedEarningsAccumulatedLosses 2023-12-29 11780072 d:RetainedEarningsAccumulatedLosses 2022-12-30 11780072 c:FRS102 2023-12-30 2024-12-29 11780072 c:AuditExempt-NoAccountantsReport 2023-12-30 2024-12-29 11780072 c:FullAccounts 2023-12-30 2024-12-29 11780072 c:PrivateLimitedCompanyLtd 2023-12-30 2024-12-29 11780072 2 2023-12-30 2024-12-29 11780072 d:CopyrightsPatentsTrademarksServiceOperatingRights d:OwnedIntangibleAssets 2023-12-30 2024-12-29 11780072 e:PoundSterling 2023-12-30 2024-12-29 iso4217:GBP xbrli:pure

Registered number: 11780072









KIPFERL PATISSERIE LTD







UNAUDITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 DECEMBER 2024

 
KIPFERL PATISSERIE LTD
REGISTERED NUMBER: 11780072

BALANCE SHEET
AS AT 29 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Intangible assets
 4 
4,000
5,000

Tangible assets
 5 
60,688
51,775

  
64,688
56,775

Current assets
  

Stocks
  
44,324
36,801

Debtors: amounts falling due within one year
 6 
51,569
42,418

Cash at bank and in hand
 7 
230,100
170,468

  
325,993
249,687

Creditors: amounts falling due within one year
 8 
(306,507)
(230,589)

Net current assets
  
 
 
19,486
 
 
19,098

Total assets less current liabilities
  
84,174
75,873

Creditors: amounts falling due after more than one year
 9 
(7,500)
(25,500)

  

Net assets
  
76,674
50,373


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
76,574
50,273

  
76,674
50,373


The director considers that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

Page 1

 
KIPFERL PATISSERIE LTD
REGISTERED NUMBER: 11780072
    
BALANCE SHEET (CONTINUED)
AS AT 29 DECEMBER 2024

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




................................................
Hubert Zanier
Director

Date: 29 August 2025

The notes on pages 4 to 11 form part of these financial statements.

Page 2

 

 
KIPFERL PATISSERIE LTD


 

STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 29 DECEMBER 2024



Called up share capital
Profit and loss account
Total equity


£
£
£



At 1 December 2022
100
58,524
58,624





Loss for the year
-
(8,251)
(8,251)

Total comprehensive income for the year
-
(8,251)
(8,251)





At 30 December 2023
100
50,273
50,373





Profit for the year
-
26,301
26,301

Total comprehensive income for the year
-
26,301
26,301



At 29 December 2024
100
76,574
76,674



The notes on pages 4 to 11 form part of these financial statements.

Page 3

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

1.


General information

Kipferl Patisserie Ltd is a private company, limited by shares, registered in England and Wales. The
company's registered number and registered office address are as below:
Registered number: 11780072
Registered office: 20 Camden Passage, London, England, N1 8ED

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Foreign currency translation

Functional and presentation currency

The Company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Foreign exchange gains and losses resulting from the settlement of transactions and from the translation at period-end exchange rates of monetary assets and liabilities denominated in foreign currencies are recognised in profit or loss except when deferred in other comprehensive income as qualifying cash flow hedges.

Foreign exchange gains and losses that relate to borrowings and cash and cash equivalents are presented in the Statement of comprehensive income within 'finance income or costs'. All other foreign exchange gains and losses are presented in profit or loss within 'other operating income'.

Page 4

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

2.Accounting policies (continued)

 
2.3

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.4

Interest income

Interest income is recognised in profit or loss using the effective interest method.

 
2.5

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.6

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

Page 5

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Balance sheet. The assets of the plan are held separately from the Company in independently administered funds.

 
2.8

Intangible assets

Intangible assets are initially recognised at cost. After recognition, under the cost model, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

All intangible assets are considered to have a finite useful life. If a reliable estimate of the useful life cannot be made, the useful life shall not exceed ten years.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

Short-term leasehold property
-
10%
SLM
Plant and machinery
-
25%
SLM
Motor vehicles
-
33%
SLM
Fixtures and fittings
-
20%
SLM
Office equipment
-
10%
SLM
Computer equipment
-
25%
SLM

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 6

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

2.Accounting policies (continued)

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.11

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


3.


Employees

The average monthly number of employees, including directors, during the year was 26 (2023 - 26).

Page 7

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

4.


Intangible assets




Trademarks

£



Cost


At 30 December 2023
10,000



At 29 December 2024

10,000



Amortisation


At 30 December 2023
5,000


Charge for the year on owned assets
1,000



At 29 December 2024

6,000



Net book value



At 29 December 2024
4,000



At 29 December 2023
5,000



Page 8

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

5.


Tangible fixed assets





Short-term leasehold property
Plant and machinery
Motor vehicles
Fixtures and fittings
Office equipment
Computer equipment
Total

£
£
£
£
£
£
£



Cost or valuation


At 30 December 2023
2,850
35,283
-
39,706
8,187
4,451
90,477


Additions
-
21,221
2,417
3,320
-
1,383
28,341



At 29 December 2024

2,850
56,504
2,417
43,026
8,187
5,834
118,818



Depreciation


At 30 December 2023
747
8,475
-
23,930
2,328
3,222
38,702


Charge for the year on owned assets
285
10,777
430
6,350
819
767
19,428



At 29 December 2024

1,032
19,252
430
30,280
3,147
3,989
58,130



Net book value



At 29 December 2024
1,818
37,252
1,987
12,746
5,040
1,845
60,688



At 29 December 2023
2,103
26,807
-
15,777
5,859
1,229
51,775


6.


Debtors

2024
2023
£
£


Trade debtors
9,875
-

Amounts owed by group undertakings
25,422
24,695

Other debtors
13
10,233

Prepayments and accrued income
16,259
7,490

51,569
42,418


Page 9

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
230,100
170,468

230,100
170,468



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
18,000
18,000

Trade creditors
59,578
40,196

Amounts owed to group undertakings
100,101
-

Amounts owed to other participating interests
-
41,666

Other taxation and social security
54,014
56,485

Other creditors
63,179
62,969

Accruals and deferred income
11,635
11,273

306,507
230,589



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
7,500
25,500

7,500
25,500


Page 10

 
KIPFERL PATISSERIE LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 29 DECEMBER 2024

10.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
18,000
18,000


18,000
18,000



Amounts falling due after more than 5 years

Bank loans
7,500
25,500

7,500
25,500

25,500
43,500



11.


Related party transactions

The Company has taken the exemption under FRS 102 section 1(A) not to disclose transactions and
balances with wholly owned group companies.
Amount owed to the shareholders during the period amounted to £ 0 (2023 : £41,666).
Remuneration of £31,300 (2022 : £24,000) was paid to one of the serving directors during the period


12.


Controlling party

The ultimate and immediate parent company is Kipferl Restaurant Group Ltd, which is registered in
England and Wales, at 20 Camden Passage, London, N1 8ED, United Kingdom

 
Page 11