The Chocolatier Limited - Filleted accounts

Registered number

07669704

The Chocolatier Limited

Accounts

31 March 2026

The Chocolatier Limited
Registered number:		07669704
Balance Sheet
as at 31 March 2026

Notes			2026			2025
£				£
Fixed assets
Intangible assets	3		13,081			-
Tangible assets	4		52,253			56,790
			65,334			56,790

Current assets
Stocks		134,628			175,200
Debtors	5	107,517			251,478
Cash at bank and in hand		339,936			96,243
		582,081			522,921

Creditors: amounts falling due within one year	6	(214,033)			(207,678)

Net current assets			368,048			315,243

Total assets less current liabilities			433,382			372,033

Creditors: amounts falling due after more than one year	7		-			(1,667)

Provisions for liabilities			(16,334)			(14,198)


Net assets			417,048			356,168

Capital and reserves
Called up share capital			1			1
Profit and loss account			417,047			356,167

Shareholders' funds			417,048			356,168

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Mr A Popat
Director
Approved by the board on 12 June 2026

The Chocolatier Limited
Notes to the Accounts
for the year ended 31 March 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Computer and office equipment	25% on straight line
	Plant and machinery	25% on reducing balance

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			18		13


3	Intangible fixed assets					£
	Software

	Cost
	Additions					17,442
	At 31 March 2026					17,442

	Amortisation
	Provided during the year					4,361
	At 31 March 2026					4,361

	Net book value
	At 31 March 2026					13,081

	Intangible fixed asset is being written off in equal annual installments over its estimated economic life of 4 years.


4	Tangible fixed assets
		Computer and office equipment		Plant and machinery		Total
£			£		£
	Cost
	At 1 April 2025	18,927		146,855		165,782
	Additions	262		15,269		15,531
	At 31 March 2026	19,189		162,124		181,313

	Depreciation
	At 1 April 2025	10,980		98,012		108,992
	Charge for the year	4,039		16,029		20,068
	At 31 March 2026	15,019		114,041		129,060

	Net book value
	At 31 March 2026	4,170		48,083		52,253
	At 31 March 2025	7,947		48,843		56,790


5	Debtors			2026		2025
£					£

	Trade debtors			77,590		222,890
	Other debtors			29,927		28,588
				107,517		251,478


6	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			1,667		10,000
	Trade creditors			25,132		60,264
	Taxation and social security costs			114,503		111,776
	Other creditors			72,731		25,638
				214,033		207,678


7	Creditors: amounts falling due after one year			2026		2025
£					£

	Bank loans			-		1,667


8	Controlling party

	The company is controlled by its director as detailed in the director's report.


9	Other information

	The Chocolatier Limited is a private company limited by shares and incorporated in England. Its registered office is:
	9 Goldington Road
	Bedford
	MK40 3JY