REGISTERED NUMBER: 02950132 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MAY 2025

FOR

NORTH LONDON CATERING EQUIPMENT LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mrs L T Gould

SECRETARY:

Mrs L T Gould

REGISTERED OFFICE:

869 High Road

London

N12 8QA

REGISTERED NUMBER:

02950132 (England and Wales)

ACCOUNTANTS:

AC Partners LLP

Chartered Accountants

869 High Road

London

N12 8QA

FIXED ASSETS

Tangible assets

4

84,798

91,790

CURRENT ASSETS

Stocks

55,268

82,508

Debtors

5

162,572

249,726

Cash at bank and in hand

795,871

579,698

1,013,711

911,932

CREDITORS

Amounts falling due within one year

6

267,020

260,143

NET CURRENT ASSETS

746,691

651,789

TOTAL ASSETS LESS CURRENT LIABILITIES

831,489

743,579

CAPITAL AND RESERVES

Called up share capital

100

100

Capital redemption reserve

48

48

Retained earnings

831,341

743,431

SHAREHOLDERS' FUNDS

831,489

743,579

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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 director and authorised for issue on 17 December 2025 and were signed by:

Mrs L T Gould - Director

1.	STATUTORY INFORMATION

North London Catering Equipment 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

TANGIBLE FIXED ASSETS

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

Fixtures and fittings

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance.

Computer equipment

-

33.33% on 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 15 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

and

Motor

Computer

fittings

vehicles

equipment

Totals

£

£

£

£

COST

At 1 June 2024

6,956

213,697

43,461

264,114

Additions

-

23,222

-

23,222

At 31 May 2025

6,956

236,919

43,461

287,336

DEPRECIATION

At 1 June 2024

6,489

124,998

40,837

172,324

Charge for year

93

27,497

2,624

30,214

At 31 May 2025

6,582

152,495

43,461

202,538

NET BOOK VALUE

At 31 May 2025

374

84,424

-

84,798

At 31 May 2024

467

88,699

2,624

91,790

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

107,822

244,793

Other debtors

54,750

4,933

162,572

249,726

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

186,602

176,349

Taxation and social security

57,353

76,115

Other creditors

23,065

7,679

267,020

260,143

7.	ULTIMATE CONTROLLING PARTY