0 false false false false false false false false false false true false false false false false false No description of principal activity 2024-09-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 04881497 2024-09-01 2025-08-31 04881497 2025-08-31 04881497 2024-08-31 04881497 2023-09-01 2024-08-31 04881497 2024-08-31 04881497 2023-08-31 04881497 bus:Director1 2024-09-01 2025-08-31 04881497 core:WithinOneYear 2025-08-31 04881497 core:WithinOneYear 2024-08-31 04881497 core:ShareCapital 2025-08-31 04881497 core:ShareCapital 2024-08-31 04881497 core:RetainedEarningsAccumulatedLosses 2025-08-31 04881497 core:RetainedEarningsAccumulatedLosses 2024-08-31 04881497 bus:SmallEntities 2024-09-01 2025-08-31 04881497 bus:AuditExemptWithAccountantsReport 2024-09-01 2025-08-31 04881497 bus:SmallCompaniesRegimeForAccounts 2024-09-01 2025-08-31 04881497 bus:PrivateLimitedCompanyLtd 2024-09-01 2025-08-31 04881497 bus:FullAccounts 2024-09-01 2025-08-31 04881497 core:KeyManagementIndividualGroup1 2024-09-01 2025-08-31 04881497 core:KeyManagementIndividualGroup1 core:DividendsPaidTransactions 2024-09-01 2025-08-31
COMPANY REGISTRATION NUMBER: 04881497

Cheese Source Limited

Filleted Unaudited Financial Statements

31 August 2025

Cheese Source Limited

Statement of Financial Position

31 August 2025

| 2025 | 2024
Note | £ | £

Current assets

Debtors | 4 | 162,810 | 166,048
Cash at bank and in hand | 175,843 | 188,793
| --------- | ---------
| 338,653 | 354,841

Creditors: amounts falling due within one year | 5 | 3,091 | 6,795
| --------- | ---------
Net current assets | 335,562 | 348,046
| --------- | ---------
Total assets less current liabilities | 335,562 | 348,046
| --------- | ---------
Net assets | 335,562 | 348,046
| --------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 335,462 | 347,946
| --------- | ---------
Shareholders funds | 335,562 | 348,046
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 12 March 2026 , and are signed on behalf of the board by:

Mr J Slocombe
Director

Company registration number: 04881497

Cheese Source Limited

Notes to the Financial Statements

Year ended 31 August 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is The Caerau, 46 Caerau Road, Newport, NP20 4HH.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. The figures in the financial statements are rounded to the nearest whole pound.
Going concern
The company ceased to trade April 2022 due to the sanctions imposed within the EU and Great Britain.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. All of the other financial instruments applicable to the company are basic, as defined in the Accounting Standard, and as such are initially recognised at the transaction price. Debt instruments are subsequently measured at amortised cost.
4. Debtors

| 2025 | 2024
| £ | £
Other debtors | 162,810 | 166,048
| --------- | ---------

5. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Corporation tax | 1,775 | –
Other creditors | 1,316 | 6,795
| ------- | -------
| 3,091 | 6,795
| ------- | -------

6. Related party transactions
During the year dividends of £13,650 (2024: £5,535) were paid to the company Directors. As at 31 August 2025 the company owed the Directors £NIL (2024: £5,535) As at 31 August 2025 an amount of £35,500 was due from Jack Slocombe the son of the Directors.