REGISTERED NUMBER: 14197368 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Somerset Chocolate Co Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

Report of the Accountants

6

DIRECTOR:

Mrs K J Mewett

REGISTERED OFFICE:

Holly Cottage

Meare Green

Stoke St Gregory

Taunton

Somerset

TA3 6HS

REGISTERED NUMBER:

14197368 (England and Wales)

ACCOUNTANTS:

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

FIXED ASSETS

Intangible assets

4

170

170

Tangible assets

5

7,797

3,968

7,967

4,138

CURRENT ASSETS

Stocks

6

1,500

500

Debtors

7

586

-

Cash at bank

2

33

2,088

533

CREDITORS

Amounts falling due within one year

8

65,871

31,128

NET CURRENT LIABILITIES

(63,783

)

(30,595

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(55,816

)

(26,457

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(55,916

)

(26,557

)

(55,816

)

(26,457

)

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 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 23 December 2025 and were signed by:

Mrs K J Mewett - Director

1.	STATUTORY INFORMATION

Somerset Chocolate Co 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Fixtures, fittings & equipment

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

and 31 March 2025

170

NET BOOK VALUE

At 31 March 2025

170

At 31 March 2024

170

5.	TANGIBLE FIXED ASSETS

Fixtures,

fittings

Computer

& equipment

equipment

Totals

£

£

£

COST

At 1 April 2024

4,759

-

4,759

Additions

4,589

699

5,288

At 31 March 2025

9,348

699

10,047

DEPRECIATION

At 1 April 2024

791

-

791

Charge for year

1,284

175

1,459

At 31 March 2025

2,075

175

2,250

NET BOOK VALUE

At 31 March 2025

7,273

524

7,797

At 31 March 2024

3,968

-

3,968

6.

STOCKS

31.3.25

31.3.24

£

£

Stocks

1,500

500

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

507

-

Other debtors

79

-

586

-

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

2,991

-

Taxation and social security

769

370

Other creditors

62,111

30,758

65,871

31,128

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31.3.25

31.3.24

£

£

Mrs K J Mewett

Balance outstanding at start of year

(28,878

)

(6,851

)

Amounts advanced

-

4,688

Amounts repaid

(31,534

)

(26,715

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(60,412

)

(28,878

)

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 March 2025 set out on pages two to five and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

A Plus Accountancy & Business Solutions Limited

The Mount

21 High Street

Wellington

Somerset

TA21 8QT

Date: .............................................