Kitchen To Table Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 04456224

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 JUNE 2018

FOR

KITCHEN TO TABLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M S Moloney

REGISTERED OFFICE:

Rivendell

19 Fawkham Avenue

Longfield

Kent

DA3 7HS

REGISTERED NUMBER:

04456224

FIXED ASSETS

Investments

3

7,234

7,234

CURRENT ASSETS

Stocks

64,958

66,369

Debtors

4

71,467

73,652

Cash at bank

-

6

136,425

140,027

CREDITORS

Amounts falling due within one year

5

162,606

153,520

NET CURRENT LIABILITIES

(26,181

)

(13,493

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(18,947

)

(6,259

)

CREDITORS

Amounts falling due after more than one year

6

2,530

7,530

NET LIABILITIES

(21,477

)

(13,789

)

CAPITAL AND RESERVES

Called up share capital

550,000

550,000

Retained earnings

(571,477

)

(563,789

)

SHAREHOLDERS' FUNDS

(21,477

)

(13,789

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2018.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2018 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director on 22 March 2019 and were signed by:

M S Moloney - Director

1.	STATUTORY INFORMATION

Kitchen To Table Limited is a private company, limited by shares , registered in Not specified/Other. The

company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates,

value added tax and other sales taxes.

Turnover represents the total value, excluding value added tax, of sales earned during the year.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow

moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to

the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or

substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance

sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from

those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that

have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the

timing difference.

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.

3.	FIXED ASSET INVESTMENTS

Other

investments

£

COST

At 1 July 2017

and 30 June 2018

7,234

NET BOOK VALUE

At 30 June 2018

7,234

At 30 June 2017

7,234

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Trade debtors

12,873

813

Amounts owed by group undertakings

58,094

67,260

Other debtors

500

5,579

71,467

73,652

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.6.18

30.6.17

£

£

Bank loans and overdrafts

12,832

12,832

Trade creditors

125,148

125,147

Other creditors

24,626

15,541

162,606

153,520

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.6.18

30.6.17

£

£

Other creditors

2,530

7,530

7.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

M S Moloney has given personal guarantees in respect of the company's bank overdraft facilities.

8.	RELATED PARTY DISCLOSURES

At 30 June 2018 Rivendell Business Services Limited, the ultimate holding company, owed the company

£58,094 (2017 - £66,760).

At 30 June 2018 Invicta Business Mentors Limited, a company owned and controlled by the directors was owed

£17,276 by the company (2017 £4,561 owed by the company).

At 30 June 2018 a business owed and controlled by M S Moloney, owed the company £500 (2017 - £500).

9.	ULTIMATE CONTROLLING PARTY

The directors control the company by virtue of their shareholdings in the ultimate holding company.