Classic Cuisine Of Northampton Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—7

1. General Information

Classic Cuisine Of Northampton Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06654587 . The registered office is C/O Keith Willis Associates, Gothic House, Barker Gate, Nottingham, NG1 1JU. The principal place of business is 7 Pondwood Close, Moulton Park Industrial Estate, Northampton, NN3 6RT.

Due to the company measuring its results in a 52 week period it takes advantage of being able to file it's accounts to a period 7 days either side of the accounting reference date.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

2.3. Research and Development

Research and development expenditure is written off as incurred, except that development expenditure incurred on an individual project is carried forward when its future recoverability can reasonably be regarded as assured. Any expenditure carried forward is amortised in line with the expected future sales from the related project.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Leasehold	Straight line to June 2028
Plant & Machinery	15% on reducing balance

2.5. Leasing and Hire Purchase Contracts

As lessee

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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Classic Cuisine Of Northampton Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

2.7. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

2.8. Foreign Currencies

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

2.9. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Classic Cuisine Of Northampton Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

2.9. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.10. Government Grant

Government grants are recognised in the profit and loss account in an appropriate manner that matches them with the expenditure towards which they are intended to contribute.

Grants for immediate financial support or to cover costs already incurred are recognised immediately in the profit and loss account. Grants towards general activities of the entity over a specific period are recognised in the profit and loss account over that period.

Grants towards fixed assets are recognised over the expected useful lives of the related assets and are treated as deferred income and released to the profit and loss account over the useful life of the asset concerned.

All grants in the profit and loss account are recognised when all conditions for receipt have been complied with.

2.11. Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 51 (2025: 50)

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 August 2025	25,996
Disposals	(25,996 )

As at 31 July 2026	-

Amortisation
As at 1 August 2025	25,996
Disposals	(25,996 )

As at 31 July 2026	-

Net Book Value
As at 31 July 2026	-

As at 1 August 2025	-

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Classic Cuisine Of Northampton Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 August 2025	82,909	755,814	838,723
Additions	-	21,716	21,716
Disposals	-	(20,027 )	(20,027 )

As at 31 July 2026	82,909	757,503	840,412

Depreciation
As at 1 August 2025	80,760	408,315	489,075
Provided during the period	781	54,672	55,453
Disposals	-	(15,994 )	(15,994 )

As at 31 July 2026	81,541	446,993	528,534

Net Book Value
As at 31 July 2026	1,368	310,510	311,878

As at 1 August 2025	2,149	347,499	349,648

6. Investments

	Subsidiaries
	£
Cost or Valuation
As at 1 August 2025	10,000

As at 31 July 2026	10,000

Provision
As at 1 August 2025	-

As at 31 July 2026	-

Net Book Value
As at 31 July 2026	10,000

As at 1 August 2025	10,000

The company owns 100% of the ordinary share capital of Jon George @ Classic Cuisine Limited, a company incorporated in England and Wales whose registered office is C/O Dains Accountants, Cubo Standard Court, Park Row, Nottingham, NG1 6GN.

7. Stocks

	2026	2025
	£	£
Stock	469,508	687,855

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Classic Cuisine Of Northampton Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2026

8. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	805,357	568,644
Other debtors	60,526	160,113

	865,883	728,757

9. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	377,108	312,516
Bank loans and overdrafts	6,720	33,384
Other creditors	518,750	543,273
Taxation and social security	25,415	20,880

	927,993	910,053

10. Creditors: Amounts Falling Due After More Than One Year

	2026	2025
	£	£
Amounts owed to group undertakings	10,000	10,000

The 2025 comparative has been reclassified from creditors falling due within one year to creditors falling due after more than one year, to reflect that repayment is not expected to be demanded within twelve months. There is no effect on net assets.

11. Secured Creditors

The aggregate of secured liabilities is £296,355 (2025: £338,363).

The company has a flexidraft facility with Bibby Financial Services Ltd. This facility is secured by a fixed debenture charge over the current and future freehold and leasehold property of the company.

Hire purchase liabilities are secured against the assets to which they relate.

Barclays Security Trustee Limited have a charge over the companies property containing a fixed and floating charge and a negative pledge.

Loans provided under the CBIL's scheme are secured as per the terms set out by the government.

12. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	3,334	3,334

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		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		311,878		349,648
Investments	6		10,000		10,000

			321,878		359,648
CURRENT ASSETS
Stocks	7	469,508		687,855
Debtors	8	865,883		728,757
Cash at bank and in hand		16,080		2,201

		1,351,471		1,418,813
Creditors: Amounts Falling Due Within One Year	9	(927,993 )		(910,053 )

NET CURRENT ASSETS (LIABILITIES)			423,478		508,760

TOTAL ASSETS LESS CURRENT LIABILITIES			745,356		868,408

Creditors: Amounts Falling Due After More Than One Year	10		(10,000 )		(10,000 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(77,969 )		(87,083 )

NET ASSETS			657,387		771,325

CAPITAL AND RESERVES
Called up share capital	12		3,334		3,334
Share premium account			307,528		307,528
Profit and Loss Account			346,525		460,463

SHAREHOLDERS' FUNDS			657,387		771,325