Golden Chef (Peterborough) Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 06689769 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Golden Chef (Peterborough) Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W F Kwai

Ms Y S Fong

REGISTERED OFFICE:

The Coach House

1 Howard Road

Reigate

Surrey

RH2 7JE

REGISTERED NUMBER:

06689769 (England and Wales)

ACCOUNTANTS:

ACL & Co

Chartered Certified Accountants

The Coach House

1 Howard Road

Reigate

RH2 7JE

FIXED ASSETS

Intangible assets

4

1,648

2,197

Tangible assets

5

95,870

113,211

97,518

115,408

CURRENT ASSETS

Stocks

1,800

Debtors

6

96,781

34,775

Cash at bank and in hand

106,650

199,634

205,231

236,209

CREDITORS

Amounts falling due within one year

7

50,455

44,868

NET CURRENT ASSETS

154,776

191,341

TOTAL ASSETS LESS CURRENT
LIABILITIES

252,294

306,749

CREDITORS

Amounts falling due after more than
one year

8

60,894

84,535

NET ASSETS

191,400

222,214

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

191,399

222,213

SHAREHOLDERS' FUNDS

191,400

222,214

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

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 3 September 2025 and were signed on its behalf by:

W F Kwai - Director

1.	STATUTORY INFORMATION

Golden Chef (Peterborough) 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.

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.

Computer software is being amortised evenly over its estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvement to property - 2% straight line

Plant & machinery - 25% reducing balance

Fixtures & Fittings - 25% reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value.

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 year was 17 (2023 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2024

and 31 December 2024

5,205

AMORTISATION

At 1 January 2024

3,008

Charge for year

549

At 31 December 2024

3,557

NET BOOK VALUE

At 31 December 2024

1,648

At 31 December 2023

2,197

5.	TANGIBLE FIXED ASSETS

Improvements

Short

to

Plant and

leasehold

property

machinery

£

COST

At 1 January 2024

10,370

41,728

33,480

Additions

-

1,085

Disposals

-

At 31 December 2024

10,370

41,728

34,565

DEPRECIATION

At 1 January 2024

-

12,525

22,917

Charge for year

-

835

2,912

Eliminated on disposal

-

At 31 December 2024

-

13,360

25,829

NET BOOK VALUE

At 31 December 2024

10,370

28,368

8,736

At 31 December 2023

10,370

29,203

10,563

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

14,470

102,968

4,910

207,926

Additions

-

1,833

2,918

Disposals

-

(12,000

)

-

(12,000

)

At 31 December 2024

14,470

90,968

6,743

198,844

DEPRECIATION

At 1 January 2024

11,831

43,527

3,915

94,715

Charge for year

660

14,860

707

19,974

Eliminated on disposal

-

(11,715

)

-

(11,715

)

At 31 December 2024

12,491

46,672

4,622

102,974

NET BOOK VALUE

At 31 December 2024

1,979

44,296

2,121

95,870

At 31 December 2023

2,639

59,441

995

113,211

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Other debtors

7,316

27,967

Directors' loan accounts

80,000

-

Prepayments

9,465

6,808

96,781

34,775

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade creditors

8,559

-

Tax

7,879

3,690

Social security and other taxes

1,330

1,174

VAT

22,613

25,218

Other creditors

4,859

9,859

Directors' current accounts

65

761

Accrued expenses

5,150

4,166

50,455

44,868

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR

31.12.24

31.12.23

£

Bank loans - 1-2 years

20,143

30,040

Hire purchase contracts

40,751

54,495

60,894

84,535

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 December 2024 and 31 December 2023:

31.12.24

31.12.23

£

W F Kwai

Balance outstanding at start of year

-

Amounts advanced

40,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

40,000

-

Ms Y S Fong

Balance outstanding at start of year

-

Amounts advanced

40,000

-

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

40,000

-

10.	ULTIMATE CONTROLLING PARTY

The controlling party is W F Kwai.