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Company Registration No. 6462064 (England and Wales)
CHEFS CHOICE (CREDITON) LTD Unaudited accounts for the year ended 31 March 2026
CHEFS CHOICE (CREDITON) LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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CHEFS CHOICE (CREDITON) LTD Company Information for the year ended 31 March 2026
Directors
NWF Pantling KJ Pantling S Pantling
Company Number
6462064 (England and Wales)
Registered Office
LLOYDS BANK CHAMBERS, HIGH STREET, CREDITON DEVON EX17 3AH
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CHEFS CHOICE (CREDITON) LTD Statement of financial position as at 31 March 2026
2026
2025
Notes
£
£
Fixed assets
Tangible assets
5
7,609
7,380
Current assets
Inventories
6,368
5,335
Debtors
6
278
278
Cash at bank and in hand
110,737
119,648
117,383
125,261
Creditors: amounts falling due within one year
7
(39,567)
(44,115)
Net current assets
77,816
81,146
Net assets
85,425
88,526
Capital and reserves
Called up share capital
2
2
Profit and loss account
85,423
88,524
Shareholders' funds
85,425
88,526
For the year ending 31 March 2026 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 5 May 2026 and were signed on its behalf by
NWF Pantling Director Company Registration No. 6462064
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CHEFS CHOICE (CREDITON) LTD Notes to the Accounts for the year ended 31 March 2026
1
Statutory information
CHEFS CHOICE (CREDITON) LTD is a private company, limited by shares, registered in England and Wales, registration number 6462064. The registered office is LLOYDS BANK CHAMBERS, HIGH, STREET, CREDITON, DEVON, EX17 3AH.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
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:
Plant & machinery
20% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. As shown in note 4 to the accounts, goodwill was purchased from the directors' partnership. The goodwill is being amortised over ten years. In the opinion of the directors, this represents a prudent estimate of the period over which the company will derive direct economic benefit.
4
Intangible fixed assets
Goodwill
£
Cost
At 1 April 2025
25,000
At 31 March 2026
25,000
Amortisation
At 1 April 2025
25,000
At 31 March 2026
25,000
Net book value
At 31 March 2026
-
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CHEFS CHOICE (CREDITON) LTD Notes to the Accounts for the year ended 31 March 2026
5
Tangible fixed assets
Plant & machinery
£
Cost or valuation
At cost
At 1 April 2025
21,077
Additions
2,132
At 31 March 2026
23,209
Depreciation
At 1 April 2025
13,697
Charge for the year
1,903
At 31 March 2026
15,600
Net book value
At 31 March 2026
7,609
At 31 March 2025
7,380
6
Debtors
2026
2025
£
£
Amounts falling due within one year
Accrued income and prepayments
278
278
7
Creditors: amounts falling due within one year
2026
2025
£
£
Taxes and social security
32,916
38,804
Loans from directors
3,092
1,752
Accruals
3,559
3,559
39,567
44,115
8
Average number of employees
During the year the average number of employees was 5 (2025: 5).
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