07885255falsesale of catering equipment, all of which is carried out within the United Kingdom.2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2023-12-31http://www.companieshouse.gov.uk/cd:Director12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ShareCapital2024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-12-31http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12024-01-012024-12-31http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-12-31http://www.companieshouse.gov.uk/cd:RegisteredOffice2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2024-01-012024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-12-31http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-12-31http://www.companieshouse.gov.uk/2024-01-012024-12-31http://www.companieshouse.gov.uk/2023-12-31http://www.companieshouse.gov.uk/cd:FRS1022024-01-012024-12-31http://www.companieshouse.gov.uk/2024-12-31http://www.companieshouse.gov.uk/cd:FullAccounts2024-01-012024-12-31http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2024-01-012024-12-31iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 07885255
CATERING EQUIPMENT EXPRESS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
Prepared By:
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
CATERING EQUIPMENT EXPRESS LIMITED
ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
DIRECTORS
ANDREW IAN PITTWOOD
REGISTERED OFFICE
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 07885255
BANKERS
NATIONAL WESTMINSTER BANK Plc
ACCOUNTANTS
JAN G GROMADZKI
CHARTERED ACCOUNTANT
13 WOLVERHAMPTON ROAD
CODSALL
WOLVERHAMPTON
WEST MIDLANDS
WV8 1PT
CATERING EQUIPMENT EXPRESS LIMITED
ACCOUNTS
FOR THEYEARENDED31/12/2024
CONTENTS
Page
Directors' Report-
Accountants' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-
CATERING EQUIPMENT EXPRESS LIMITED
BALANCE SHEET AT 31/12/2024
20242023
Notes££
FIXED ASSETS
Tangible assets2125209
CURRENT ASSETS
Stock73,62647,404
Debtors419,5469,867
Cash at bank and in hand21,36152,709
114,533109,980
CREDITORS: Amounts falling due within one year577,98873,715
NET CURRENT ASSETS36,54536,265
TOTAL ASSETS LESS CURRENT LIABILITIES36,67036,474
CREDITORS: Amounts falling due after more than one year615,39825,561
NET ASSETS21,27210,913
CAPITAL AND RESERVES
Called up share capital811
Profit and loss account21,27110,912
SHAREHOLDERS' FUNDS21,27210,913
For the year ending 31/12/2024 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 04/09/2025 and signed on their behalf by
.............................
ANDREW IAN PITTWOOD
Director
CATERING EQUIPMENT EXPRESS LIMITED
NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 31/12/2024
1. ACCOUNTING POLICIES
1d. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .
1b. Depreciation
Depreciation is provided at rates calculated to write off the cost of fixed assets, less their estimated residual value, over their expected useful lives.
At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is an indication that any items have suffered 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.
Equipmentstraight line10%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Basis Of Accounting
The accounts have been prepared under the historical cost convention and are stated in United Kingdom Pounds Sterling.
The accounts have been prepared in accordance with FRS102 section 1a - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
CATERING EQUIPMENT EXPRESS LIMITED
2. TANGIBLE FIXED ASSETS
EquipmentTotal
££
Cost
At 01/01/2024989989
Disposals(140)(140)
At 31/12/2024849849
Depreciation
At 01/01/2024780780
Disposals(140)(140)
For the year8484
At 31/12/2024724724
Net Book Amounts
At 31/12/2024125125
At 31/12/2023209209
3. STOCK 20242023
££
Stock comprises:
Stock73,62647,404
73,62647,404
4. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors13,8784,007
PAYE control4541
Prepayments5,6235,819
19,5469,867
CATERING EQUIPMENT EXPRESS LIMITED
5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax10,4357,152
VAT46,19741,948
Directors current account7,114106
Trade creditors2,38917,744
Accruals6,3536,765
Nordik Limited5,500-
77,98873,715
6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
National Westminster Bank Plc - Bounce back loan (secured) >1yr15,39825,561
15,39825,561
7. EMPLOYEES
20242023
No.No.
Average number of employees11
Key management personnel is restricted to that of the director.
8. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
1 Ordinary shares of £1 each11
11
CATERING EQUIPMENT EXPRESS LIMITED
9. OTHER FINANCIAL COMMITMENTS
At 31/12/2024 the company was committed to making the following payments under non-cancellable operating leases:
20242023
££
Operating Leases which expire:
Within one year120120
10. CONTROLLING PARTY
The company is wholly owned by the director Mr A I Pitwood.
11. RELATED PARTY TRANSACTIONS
The director Mr A I Pittwood received a dividend of £ 10,000 in the year to 31 December 2024 (2023 - £ 4,000).
12. NATURE OF OPERATIONS AND PRINCIPAL ACTIVITY
The company operates in the sector of sourcing and supply of commercial catering equipment, all of which is carried out within the United Kingdom.
13. GENERAL INFORMATION
Catering Equipment Express Limited is a private company limited by shares and incorporated in England. Its registered office is 13 Wolverhampton Road, Codsall, Wolverhampton, West Midlands, WV8 1PT.
The financial statements are presented in United Kingdom Pounds Sterling, which is the functional currency of the company.