Meringue Bakery & Cafe Ltd - Accounts to registrar (filleted) - small 18.2
Meringue Bakery & Cafe Ltd - Accounts to registrar (filleted) - small 18.2
| REGISTERED NUMBER: |
| UNAUDITED FINANCIAL STATEMENTS |
| FOR THE PERIOD |
| 31ST DECEMBER 2018 TO 29TH DECEMBER 2019 |
| FOR |
| MERINGUE BAKERY & CAFE LTD |
| MERINGUE BAKERY & CAFE LTD (REGISTERED NUMBER: 08383187) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| For The Period 31st December 2018 to 29th December 2019 |
| Page |
| Company Information | 1 |
| Statement of Financial Position | 2 |
| Notes to the Financial Statements | 4 |
| MERINGUE BAKERY & CAFE LTD |
| COMPANY INFORMATION |
| For The Period 31st December 2018 to 29th December 2019 |
| Directors: |
| Registered office: |
| Business address: |
| Registered number: |
| Accountant: |
| 102 High Street |
| New Whittington |
| Chesterfield |
| Derbyshire |
| S43 2AL |
| MERINGUE BAKERY & CAFE LTD (REGISTERED NUMBER: 08383187) |
| STATEMENT OF FINANCIAL POSITION |
| 29th December 2019 |
| 2019 | 2018 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 5 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| The directors acknowledge their 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. |
| MERINGUE BAKERY & CAFE LTD (REGISTERED NUMBER: 08383187) |
| STATEMENT OF FINANCIAL POSITION - continued |
| 29th December 2019 |
| In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| MERINGUE BAKERY & CAFE LTD (REGISTERED NUMBER: 08383187) |
| NOTES TO THE FINANCIAL STATEMENTS |
| For The Period 31st December 2018 to 29th December 2019 |
| 1. | STATUTORY INFORMATION |
| Meringue Bakery & Cafe Ltd is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Tangible fixed assets |
| Alterations to leasehold property | - |
| Kitchen equipment | - |
| Furniture, fixtures and fittings | - |
| IT equipment and software | - |
| 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 period 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 statement of financial position date. |
| Deferred tax |
| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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. |
| Hire purchase and leasing commitments |
| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease. |
| 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. |
| MERINGUE BAKERY & CAFE LTD (REGISTERED NUMBER: 08383187) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Period 31st December 2018 to 29th December 2019 |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the period was |
| 4. | TANGIBLE FIXED ASSETS |
| Alterations | Furniture, | IT |
| to | fixtures | equipment |
| leasehold | Kitchen | and | and |
| property | equipment | fittings | software | Totals |
| £ | £ | £ | £ | £ |
| COST |
| At 31st December 2018 |
| and 29th December 2019 |
| DEPRECIATION |
| At 31st December 2018 |
| Charge for period |
| At 29th December 2019 |
| NET BOOK VALUE |
| At 29th December 2019 |
| At 30th December 2018 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Other debtors |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2019 | 2018 |
| £ | £ |
| Bank loans |
| MERINGUE BAKERY & CAFE LTD (REGISTERED NUMBER: 08383187) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| For The Period 31st December 2018 to 29th December 2019 |
| 8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The following advances and credits to directors subsisted during the periods ended 29th December 2019 and 30th December 2018: |
| 2019 | 2018 |
| £ | £ |
| Balance outstanding at start of period | ( |
) |
| Amounts advanced |
| Amounts repaid | ( |
) | ( |
) |
| Amounts written off | - | - |
| Amounts waived | - | - |
| Balance outstanding at end of period |
| 9. | ULTIMATE CONTROLLING PARTY |
| N A Chatterton and S E Chatterton are in ultimate control. |