Earlsfield Kitchen Limited - Limited company accounts 20.1

REGISTERED NUMBER: 08655056 (England and Wales)

Report of the Director and

Unaudited Financial Statements for the Year Ended 31 August 2019

for

Earlsfield Kitchen Limited

Page

Company Information

1

Report of the Director

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

5

DIRECTOR:

A Pomaro

SECRETARY:

MSS Accountancy Services Ltd

REGISTERED OFFICE:

228 Earlsfield Road

Wandsworth

London

SW18 3DX

REGISTERED NUMBER:

08655056 (England and Wales)

ACCOUNTANTS:

MSS Accountancy Services Ltd

103 Victoria Drive

Wimbledon

London

SW19 6PT

The director presents his report with the financial statements of the company for the year ended 31 August 2019.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of catering services.

DIRECTOR

A Pomaro held office during the whole of the period from 1 September 2018 to the date of this report.

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small

companies.

ON BEHALF OF THE BOARD:

A Pomaro - Director

31 May 2020

TURNOVER

84,883

84,371

Cost of sales

27,567

28,058

GROSS PROFIT

57,316

56,313

Administrative expenses

42,907

43,413

OPERATING PROFIT

14,409

12,900

Interest payable and similar expenses

102

138

PROFIT BEFORE TAXATION

14,307

12,762

Tax on profit

2,718

2,425

PROFIT FOR THE FINANCIAL YEAR

11,589

10,337

CURRENT ASSETS

Debtors

4

1,250

3,918

Cash at bank

7,511

7,234

8,761

11,152

CREDITORS

Amounts falling due within one year

5

3,406

4,886

NET CURRENT ASSETS

5,355

6,266

TOTAL ASSETS LESS CURRENT
LIABILITIES

5,355

6,266

CAPITAL AND RESERVES

Called up share capital

6

2

Retained earnings

5,353

6,264

SHAREHOLDERS' FUNDS

5,355

6,266

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2019.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2019 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the director and authorised for issue on 31 May 2020 and were signed by:

A Pomaro - Director

1.	STATUTORY INFORMATION

Earlsfield Kitchen Limited is a private company, limited by shares , registered in England and Wales. 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 Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" 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.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension

scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2018 - 4 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

Trade debtors

1,250

3,918

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.19

31.8.18

£

Taxation and social security

2,892

2,577

Other creditors

514

2,309

3,406

4,886

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.8.19

31.8.18

value:

£

2

Ordinary

£1

2