Company Registration No. 12363955 (England and Wales)
Commercial Catering Equipment Specialists Ltd
Unaudited accounts
for the year ended 31 December 2024
Commercial Catering Equipment Specialists Ltd
Unaudited accounts
Contents
Commercial Catering Equipment Specialists Ltd
Company Information
for the year ended 31 December 2024
Directors
Mrs Erin Dann
Mr Simon Dann
Company Number
12363955 (England and Wales)
Registered Office
UNIT 4 WHISBY WAY BUSINESS CENTRE
WHISBY ROAD
LINCOLN
LINCOLNSHIRE
LN6 3LQ
ENGLAND
Accountants
Kate Dodd Accounting Services
4 Warren Lane
Witham St Hughs
Lincoln
LN6 9US
Commercial Catering Equipment Specialists Ltd
Statement of financial position
as at 31 December 2024
Tangible assets
4,222
9,858
Cash at bank and in hand
7,979
3,381
Creditors: amounts falling due within one year
(161,297)
(166,640)
Net current liabilities
(53,738)
(62,323)
Net liabilities
(49,516)
(52,465)
Called up share capital
100
100
Profit and loss account
(49,616)
(52,565)
Shareholders' funds
(49,516)
(52,465)
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2025 and were signed on its behalf by
Mr Simon Dann
Director
Company Registration No. 12363955
Commercial Catering Equipment Specialists Ltd
Notes to the Accounts
for the year ended 31 December 2024
Commercial Catering Equipment Specialists Ltd is a private company, limited by shares, registered in England and Wales, registration number 12363955. The registered office is UNIT 4 WHISBY WAY BUSINESS CENTRE, WHISBY ROAD, LINCOLN, LINCOLNSHIRE, LN6 3LQ, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing balance
Motor vehicles
25% Reducing balance
Fixtures & fittings
15% Reducing balance
Computer equipment
Straight line over 3 years
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Commercial Catering Equipment Specialists Ltd
Notes to the Accounts
for the year ended 31 December 2024
At 31 December 2024 the Company's liabilities exceeded it's assets by £49,516 (2023 - £52,465).
Included within liabilities is a loan of £26,735 (2023 : £43,774) provided by the director and will continue to be available for a period of at least 12 months.
On the basis described above, the director considers it appropriate to prepare these financial statements on the going concern basis.
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Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 January 2024
716
11,400
420
6,058
18,594
Additions
599
500
-
-
1,099
Disposals
-
(4,700)
-
-
(4,700)
At 31 December 2024
1,315
7,200
420
6,058
14,993
At 1 January 2024
396
4,088
126
4,126
8,736
Charge for the year
229
1,072
63
1,846
3,210
On disposals
-
(1,175)
-
-
(1,175)
At 31 December 2024
625
3,985
189
5,972
10,771
At 31 December 2024
690
3,215
231
86
4,222
At 31 December 2023
320
7,312
294
1,932
9,858
Amounts falling due within one year
Trade debtors
48,932
43,613
Accrued income and prepayments
625
542
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
3,877
Trade creditors
43,034
109,177
Taxes and social security
2,389
-
Loans from directors
26,735
43,774
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Average number of employees
During the year the average number of employees was 6 (2023: 6).