Company Registration No. 08724301 (England and Wales)
Southsea Catering Ltd
Unaudited accounts
for the year ended 31 October 2018
Southsea Catering Ltd
Unaudited accounts
Contents
Southsea Catering Ltd
Company Information
for the year ended 31 October 2018
Company Number
08724301 (England and Wales)
Registered Office
54 Empshott Road
Southsea
PO4 8BY
Accountants
TaxSense Accountants Ltd
203 West Street
Fareham
Hants
PO16 0EN
Southsea Catering Ltd
Statement of financial position
as at 31 October 2018
Tangible assets
38,013
42,540
Cash at bank and in hand
18,028
19,534
Creditors: amounts falling due within one year
(77,478)
(61,511)
Net current liabilities
(37,913)
(23,310)
Called up share capital
100
100
Profit and loss account
-
19,130
Shareholders' funds
100
19,230
For the year ending 31 October 2018 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 director acknowledges his 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.
Approved by the Board on 11 July 2019.
Jonathon Welch
Director
Company Registration No. 08724301
Southsea Catering Ltd
Notes to the Accounts
for the year ended 31 October 2018
Southsea Catering Ltd is a private company, limited by shares, registered in England and Wales, registration number 08724301. The registered office is 54 Empshott Road, Southsea, PO4 8BY.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% reducing balance
Fixtures & fittings
25% reducing balance
Southsea Catering Ltd
Notes to the Accounts
for the year ended 31 October 2018
4
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2017
20,490
22,671
16,035
59,196
Additions
-
499
4,200
4,699
At 31 October 2018
20,490
23,170
20,235
63,895
At 1 November 2017
2,049
7,515
7,092
16,656
Charge for the year
2,049
3,892
3,285
9,226
At 31 October 2018
4,098
11,407
10,377
25,882
At 31 October 2018
16,392
11,763
9,858
38,013
At 31 October 2017
18,441
15,156
8,943
42,540
Finished goods
4,000
4,000
Accrued income and prepayments
6,633
6,111
Other debtors
10,904
8,556
7
Creditors: amounts falling due within one year
2018
2017
Trade creditors
20,267
7,909
Amounts owed to group undertakings and other participating interests
-
9,606
Taxes and social security
30,241
24,069
Other creditors
11,872
11,203
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Southsea Catering Ltd
Notes to the Accounts
for the year ended 31 October 2018
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Director Loan Account
8,556
47,364
45,016
10,904
8,556
47,364
45,016
10,904
The ultimate controlling party is Jonathon Welch.
11
Average number of employees
During the year the average number of employees was 25 (2017: 25).
