REGISTERED NUMBER: 08013834 (England and Wales)

Unaudited Financial Statements

For The Year Ended 31 March 2025

for

The Malvern Kitchen Studio Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

G M Williams

Mrs J M Williams

Secretary:

Registered office:

18/22 Church Street

Malvern

Worcestershire

WR14 2AY

Registered number:

08013834 (England and Wales)

Accountants:

Allan Brown ( A& T Services Ltd)

18/22 Church Street

Malvern

Worcestershire

WR14 2AY

Fixed assets

Tangible assets

4

3,199

8,122

Current assets

Stocks

71,969

79,921

Debtors

5

68,970

50,723

Cash at bank and in hand

129,518

110,642

270,457

241,286

Creditors

Amounts falling due within one year

6

128,043

96,971

Net current assets

142,414

144,315

Total assets less current liabilities

145,613

152,437

Provisions for liabilities

980

980

Net assets

144,633

151,457

Capital and reserves

Called up share capital

100

100

Retained earnings

144,533

151,357

Shareholders' funds

144,633

151,457

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 3 June 2025 and were signed on its behalf by:

G M Williams - Director

Mrs J M Williams - Director

1.	STATUTORY INFORMATION

The Malvern Kitchen Studio Limited 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 represents the sales of goods net of VAT and trade discounts.Turnover is recognised when the goods are physically delivered to the customer.

Where goods are only partially delivered at the balance sheet date turnover represents the value of goods supplied to date at sales value.

Where payments are received from customers in advance of the goods being supplied then the amounts so received are recorded as deferred income and are included as part of creditors due within one year.

Tangible fixed assets

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

Land and buildings

-

10% on cost

Plant and machinery etc

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value.Net realisable value represents estimated selling price less costs to complete and sell.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

and 31 March 2025

39,068

26,620

65,688

DEPRECIATION

At 1 April 2024

34,983

22,583

57,566

Charge for year

3,907

1,016

4,923

At 31 March 2025

38,890

23,599

62,489

NET BOOK VALUE

At 31 March 2025

178

3,021

3,199

At 31 March 2024

4,085

4,037

8,122

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

68,452

50,205

Other debtors

518

518

68,970

50,723

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

22,703

28,167

Taxation and social security

31,397

27,008

Other creditors

73,943

41,796

128,043

96,971