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REGISTERED NUMBER: 08879337 (England and Wales)











Unaudited Financial Statements

for the Year Ended 18 February 2025

for

The Cheese Truck Limited

The Cheese Truck Limited (Registered number: 08879337)

Contents of the Financial Statements
for the Year Ended 18 February 2025










Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


The Cheese Truck Limited

Company Information
for the Year Ended 18 February 2025







DIRECTOR: M J Carver





REGISTERED OFFICE: The Cheese Bar Unit 93
Camden Market
London
NW1 8AH





REGISTERED NUMBER: 08879337 (England and Wales)





ACCOUNTANTS: Solutions 4 Caterers Ltd
Westmead House
Westmead
Farnborough
Hampshire
GU14 7LP

The Cheese Truck Limited (Registered number: 08879337)

Statement of Financial Position
18 February 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 23,368
Tangible assets 5 390,992 416,341
Investments 6 100 100
391,092 439,809

CURRENT ASSETS
Stocks 7 48,368 54,261
Debtors 8 283,090 235,869
Cash at bank and in hand 306,641 408,728
638,099 698,858
CREDITORS
Amounts falling due within one year 9 (872,921 ) (1,019,094 )
NET CURRENT LIABILITIES (234,822 ) (320,236 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

156,270

119,573

CREDITORS
Amounts falling due after more than one
year

10

(46,898

)

(97,242

)

PROVISIONS FOR LIABILITIES (35,012 ) (5,933 )
NET ASSETS 74,360 16,398

CAPITAL AND RESERVES
Called up share capital 140 140
Share premium 289,975 289,975
Retained earnings (215,755 ) (273,717 )
74,360 16,398

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 18 February 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 18 February 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Cheese Truck Limited (Registered number: 08879337)

Statement of Financial Position - continued
18 February 2025


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 director and authorised for issue on 17 November 2025 and were signed by:





M J Carver - Director


The Cheese Truck Limited (Registered number: 08879337)

Notes to the Financial Statements
for the Year Ended 18 February 2025


1. STATUTORY INFORMATION

The Cheese Truck 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Patents and licences are being amortised evenly over their estimated useful life of five years.

Developments are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Over the remaining period of the lease
Equipment - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 33.33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

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 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 statement of financial position date.


The Cheese Truck Limited (Registered number: 08879337)

Notes to the Financial Statements - continued
for the Year Ended 18 February 2025


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Leased assets
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.

Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the Statement of Financial Position as a liability. The interest element of rental obligations is charged to the Income Statement over the period of the lease at a constant proportion of the outstanding balance of capital repayments.

Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the Income Statement when due.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 75 (2024 - 75 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
assets
£   
COST
At 19 February 2024
and 18 February 2025 259,104
AMORTISATION
At 19 February 2024 235,736
Charge for year 23,368
At 18 February 2025 259,104
NET BOOK VALUE
At 18 February 2025 -
At 18 February 2024 23,368

The Cheese Truck Limited (Registered number: 08879337)

Notes to the Financial Statements - continued
for the Year Ended 18 February 2025


5. TANGIBLE FIXED ASSETS
Fixtures
Short and
leasehold Equipment fittings
£    £    £   
COST
At 19 February 2024 194,011 248,413 358,984
Additions 10,699 37,714 31,823
At 18 February 2025 204,710 286,127 390,807
DEPRECIATION
At 19 February 2024 48,167 52,441 290,676
Charge for year 23,429 53,293 36,161
At 18 February 2025 71,596 105,734 326,837
NET BOOK VALUE
At 18 February 2025 133,114 180,393 63,970
At 18 February 2024 145,844 195,972 68,308

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 19 February 2024 27,739 23,715 852,862
Additions 9,000 4,108 93,344
At 18 February 2025 36,739 27,823 946,206
DEPRECIATION
At 19 February 2024 27,738 17,499 436,521
Charge for year 1,801 4,009 118,693
At 18 February 2025 29,539 21,508 555,214
NET BOOK VALUE
At 18 February 2025 7,200 6,315 390,992
At 18 February 2024 1 6,216 416,341

6. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 19 February 2024
and 18 February 2025 100
NET BOOK VALUE
At 18 February 2025 100
At 18 February 2024 100

The Cheese Truck Limited (Registered number: 08879337)

Notes to the Financial Statements - continued
for the Year Ended 18 February 2025


7. STOCKS
2025 2024
£    £   
Stocks 48,368 54,261

8. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 24,079 31,600
Amounts owed by group undertakings 102,502 24,543
Other debtors 93,073 99,275
Director's current account 15,126 27,663
Tax 3,485 -
Prepayments 44,825 52,788
283,090 235,869

9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 10,419 10,162
Hire purchase contracts (see note 11) 50,982 47,265
Trade creditors 215,930 231,837
Social security and other taxes 174,505 146,250
VAT 92,414 170,521
Other creditors 231,557 275,265
Accruals and deferred income 97,114 137,794
872,921 1,019,094

10. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2025 2024
£    £   
Bank loans - 1-5 years 3,462 13,843
Hire purchase contracts (see note 11) 16,016 53,399
Other creditors 27,420 30,000
46,898 97,242

11. LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase
contracts
2025 2024
£    £   
Net obligations repayable:
Within one year 50,982 47,265
Between one and five years 16,016 53,399
66,998 100,664

The Cheese Truck Limited (Registered number: 08879337)

Notes to the Financial Statements - continued
for the Year Ended 18 February 2025


11. LEASING AGREEMENTS - continued

Non-cancellable
operating leases
2025 2024
£    £   
Within one year 437,272 405,106
Between one and five years 1,433,158 256,111
In more than five years 238,474 221,178
2,108,904 882,395

12. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 18 February 2025 and the period ended 18 February 2024:

2025 2024
£    £   
M J Carver
Balance outstanding at start of year 27,663 16,825
Amounts advanced 4,801 17,504
Amounts repaid (17,338 ) (6,666 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 15,126 27,663

The above loan is interest free, unsecured and repayable on demand.