Katy Edgar's Outside Catering Limited


Directors	Mrs C A Edgar
	Mr C D Hughes
	Mrs K J Hughes


Company Secretary	EDGAR, Carol Anne


Registered Address	Helm House
	Ousby
	Penrith
	CA10 1PT


Registered Number	05238649 (England and Wales)

Notes to the Financial Statements
for the year ended 31 October 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	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/or 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.

Turnover policy

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/or 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.

	Defined contribution pension plan
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in other creditors in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in other creditors in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Current taxation
	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
	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.

Deferred tax

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.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows: Other Fixed Assets - not depreciated

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:

Other Fixed Assets - not depreciated


	Reducing balance (%)	Straight line (years)
Land and buildings	-	50
Plant and machinery	15	-
Fixtures and fittings	25	-
Vehicles	25	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement.

	Trade and other 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.

Trade and other 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.

	Trade and other 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.

	Financial instruments
	The Company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	18		16

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£	£
Cost or valuation
At 01 November 24	824,291	239,732	110,671	10,321	1,185,015
Additions	-	6,950	12,000	1,749	20,699
Disposals	-	-	(3,030)	-	(3,030)
At 31 October 25	824,291	246,682	119,641	12,070	1,202,684
Depreciation and impairment
At 01 November 24	157,484	110,980	30,431	4,314	303,209
Charge for year	7,958	13,466	21,527	-	42,951
On disposals	-	-	(899)	-	(899)
At 31 October 25	165,442	124,446	51,059	4,314	345,261
Net book value
At 31 October 25	658,849	122,236	68,582	7,756	857,423
At 31 October 24	666,807	128,752	80,240	6,007	881,806

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	10,000	10,000
Total	10,000	10,000

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	18,163	8,726
Prepayments and accrued income	7,187	7,108
Total	25,350	15,834

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	43,713	37,973
Bank borrowings and overdrafts	61,807	36,375
Taxation and social security	79,520	69,290
Finance lease and HP contracts	5,703	4,945
Other creditors	171,124	195,095
Accrued liabilities and deferred income	49,238	30,880
Total	411,105	374,558


	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. Bank borrowings and overdrafts are secured on the company's land and buildings.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	983	33,963
Other creditors	12,332	18,035
Total	13,315	51,998


	Bank borrowings and overdrafts are secured on the company's land and buildings. Finance lease and Hire Purchase contracts amounting to £12,332 (2024 - £18,035) are included within other creditors. Hire Purchase creditors are secured by the asset to which they relate.

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	18,035		22,980

9.	Provisions for liabilities
	The provision for deferred tax is made up of £32,300 in respect of accelerated capital allowances.

	2025	2024
	£	£
Net deferred tax liability (asset)	32,300	35,300
Total	32,300	35,300

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		857,423		881,806
			857,423		881,806
Current assets
Stocks	4	10,000		10,000
Debtors	5	25,350		15,834
Cash at bank and on hand		145,872		89,582
		181,222		115,416
Creditors amounts falling due within one year	6	(411,105)		(374,558)
Net current assets (liabilities)			(229,883)		(259,142)
Total assets less current liabilities			627,540		622,664
Creditors amounts falling due after one year	7		(13,315)		(51,998)
Provisions for liabilities	9		(32,300)		(35,300)
Net assets			581,925		535,366
Capital and reserves
Called up share capital			100		100
Profit and loss account			581,825		535,266
Shareholders' funds			581,925		535,366