Company Registration No. 13255698 (England and Wales)
STEAK & HONOUR LIMITED
Unaudited accounts
for the year ended 31 March 2025
STEAK & HONOUR LIMITED
Unaudited accounts
Contents
STEAK & HONOUR LIMITED
Company Information
for the year ended 31 March 2025
Directors
Charlotte McKie-Riethoff
Leo Riethoff
Company Number
13255698 (England and Wales)
Registered Office
C/O COLES ACCOUNTING (CAMBRIDGE) LIMITED
NEWTON
CAMBRIDGE
CB22 7ZE
ENGLAND
Accountants
Coles Accounting (Cambridge) Limited
Newton Hall
Town Street, Newton
Cambridge
Cambridgeshire
CB22 7ZE
STEAK & HONOUR LIMITED
Statement of financial position
as at 31 March 2025
Tangible assets
56,592
87,911
Cash at bank and in hand
76,687
54,213
Creditors: amounts falling due within one year
(114,876)
(102,452)
Net current assets
29,683
25,281
Total assets less current liabilities
86,275
113,192
Creditors: amounts falling due after more than one year
(24,981)
(1,144)
Provisions for liabilities
Deferred tax
(10,753)
(15,548)
Called up share capital
1
1
Profit and loss account
50,540
96,499
Shareholders' funds
50,541
96,500
For the year ending 31 March 2025 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 25 June 2025 and were signed on its behalf by
Leo Riethoff
Director
Company Registration No. 13255698
STEAK & HONOUR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
STEAK & HONOUR LIMITED is a private company, limited by shares, registered in England and Wales, registration number 13255698. The registered office is C/O COLES ACCOUNTING (CAMBRIDGE) LIMITED, NEWTON, CAMBRIDGE, CB22 7ZE, 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.
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.
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:
Motor vehicles
25% straight line
Fixtures & fittings
33% straight line
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell.
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.
STEAK & HONOUR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
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 balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2024
6,950
98,696
63,709
169,355
Additions
-
45,241
2,193
47,434
Disposals
(6,950)
(25,000)
(35,429)
(67,379)
At 31 March 2025
-
118,937
30,473
149,410
At 1 April 2024
869
49,348
31,227
81,444
Charge for the year
1,404
29,312
19,620
50,336
On disposals
(2,272)
(13,021)
(23,669)
(38,962)
At 31 March 2025
1
65,639
27,178
92,818
At 31 March 2025
(1)
53,298
3,295
56,592
At 31 March 2024
6,081
49,348
32,482
87,911
Amounts falling due within one year
Trade debtors
2,777
41,621
Accrued income and prepayments
25,172
23,246
STEAK & HONOUR LIMITED
Notes to the Accounts
for the year ended 31 March 2025
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
7,684
6,699
Trade creditors
31,769
18,862
Taxes and social security
8,479
28,562
Other creditors
23,722
16,959
Loans from directors
-
734
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
24,981
1,144
8
Average number of employees
During the year the average number of employees was 16 (2024: 13).