REGISTERED NUMBER: 07578010 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

The Ludlow Catering Company Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTORS:

W A Vlok

Mrs P J Vlok

REGISTERED OFFICE:

Old Downton Lodge

Downton On The Rock

Ludlow

Shropshire

SY8 2HU

REGISTERED NUMBER:

07578010 (England and Wales)

ACCOUNTANTS:

dhjh Tenbury Wells LLP

Chartered Certified Accountants

81 Teme Street

Tenbury Wells

WR15 8AE

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

32,491

39,754

32,491

39,754

CURRENT ASSETS

Stocks

26,236

24,626

Debtors

6

22,188

30,880

Cash at bank and in hand

130,392

87,058

178,816

142,564

CREDITORS

Amounts falling due within one year

7

144,458

112,402

NET CURRENT ASSETS

34,358

30,162

TOTAL ASSETS LESS CURRENT LIABILITIES

66,849

69,916

PROVISIONS FOR LIABILITIES

7,801

7,554

NET ASSETS

59,048

62,362

CAPITAL AND RESERVES

Called up share capital

21

21

Share premium

399

399

Retained earnings

58,628

61,942

59,048

62,362

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 August 2025 and were signed on its behalf by:

W A Vlok - Director

1.	STATUTORY INFORMATION

The Ludlow Catering Company 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.

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

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

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 year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

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 year 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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 24 (2024 - 45 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

30,145

AMORTISATION

At 1 April 2024

and 31 March 2025

30,145

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 April 2024

1,500

6,136

69,459

Additions

-

2,500

1,120

Disposals

-

-

(13,784

)

At 31 March 2025

1,500

8,636

56,795

DEPRECIATION

At 1 April 2024

-

4,434

44,951

Charge for year

-

1,051

5,644

Eliminated on disposal

-

-

(10,739

)

At 31 March 2025

-

5,485

39,856

NET BOOK VALUE

At 31 March 2025

1,500

3,151

16,939

At 31 March 2024

1,500

1,702

24,508

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 April 2024

49,890

6,812

133,797

Additions

-

2,660

6,280

Disposals

-

(648

)

(14,432

)

At 31 March 2025

49,890

8,824

125,645

DEPRECIATION

At 1 April 2024

40,554

4,104

94,043

Charge for year

2,335

1,298

10,328

Eliminated on disposal

-

(478

)

(11,217

)

At 31 March 2025

42,889

4,924

93,154

NET BOOK VALUE

At 31 March 2025

7,001

3,900

32,491

At 31 March 2024

9,336

2,708

39,754

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,487

5,661

Other debtors

20,701

25,219

22,188

30,880

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

28,758

25,753

Taxation and social security

45,597

30,409

Other creditors

70,103

56,240

144,458

112,402

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on page nil and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

dhjh Tenbury Wells LLP

Chartered Certified Accountants

81 Teme Street

Tenbury Wells

WR15 8AE

30 August 2025