Temptations Dessert Lounge Ltd

Registered number

12365481

Filleted Accounts

31 December 2024

Temptations Dessert Lounge Ltd
Registered number:		12365481
Balance Sheet
as at 31 December 2024

Notes			2024			2023
£				£
Fixed assets
Tangible assets	3		199,883			233,840

Current assets
Stocks		5,975			6,330
Debtors	4	30,410			30,530
Cash at bank and in hand		6,211			5,119
		42,596			41,979

Creditors: amounts falling due within one year	5	(109,110)			(119,967)

Net current liabilities			(66,514)			(77,988)

Total assets less current liabilities			133,369			155,852

Creditors: amounts falling due after more than one year	6		(324,182)			(316,508)



Net liabilities			(190,813)			(160,656)

Capital and reserves
Called up share capital			1			1
Profit and loss account			(190,814)			(160,657)

Shareholder's funds			(190,813)			(160,656)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges her responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




K Washburn
Director
Approved by the board on 24 September 2025

Temptations Dessert Lounge Ltd
Notes to the Accounts
for the year ended 31 December 2024


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Premises lease costs	over 10 years
	Plant and machinery	25% reducing balance
	Fixtures, fittings and equipment	25% reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2024		2023
Number					Number

	Average number of persons employed by the company			8		16


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 January 2024	213,290		92,875		306,165
	Additions	-		882		882
	At 31 December 2024	213,290		93,757		307,047

	Depreciation
	At 1 January 2024	32,731		39,594		72,325
	Charge for the year	21,329		13,510		34,839
	At 31 December 2024	54,060		53,104		107,164

	Net book value
	At 31 December 2024	159,230		40,653		199,883
	At 31 December 2023	180,559		53,281		233,840


4	Debtors			2024		2023
£					£

	Trade debtors			11		530
	Other debtors			30,399		30,000
				30,410		30,530


5	Creditors: amounts falling due within one year			2024		2023
£					£

	Bank loans and overdrafts			5,556		5,556
	Trade creditors			26,651		46,693
	Taxation and social security costs			16,657		12,606
	Other creditors			60,246		55,112
				109,110		119,967


6	Creditors: amounts falling due after one year			2024		2023
£					£

	Bank loans			32,870		37,963
	Other creditors			291,312		278,545
				324,182		316,508


7	Other information

	Temptations Dessert Lounge Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	49 Aldrich Road
	Oxford
	OX2 7ST