Nature's Table Snacks Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07214124 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2021

for

Nature's Table Snacks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Murray

REGISTERED OFFICE:

6 Trafford Road

Alderley Edge

Cheshire

SK9 7NT

REGISTERED NUMBER:

07214124 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

6 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Intangible assets

4

4,850

5,450

Tangible assets

5

2,418

3,214

7,268

8,664

CURRENT ASSETS

Stocks

15,816

50,439

Debtors

6

50,662

58,621

66,478

109,060

CREDITORS

Amounts falling due within one year

7

36,766

82,026

NET CURRENT ASSETS

29,712

27,034

TOTAL ASSETS LESS CURRENT LIABILITIES

36,980

35,698

CREDITORS

Amounts falling due after more than one year

8

(37,185

)

(4,317

)

PROVISIONS FOR LIABILITIES

(460

)

(611

)

NET (LIABILITIES)/ASSETS

(665

)

30,770

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(765

)

30,670

SHAREHOLDERS' FUNDS

(665

)

30,770

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2021 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 applicable to companies subject to the small companies regime.

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 and authorised for issue on 10 March 2022 and were signed by:

M Murray - Director

1.	STATUTORY INFORMATION

Nature's Table Snacks 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.

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 £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

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

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 2 (2020 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2020

and 30 April 2021

12,000

AMORTISATION

At 1 May 2020

6,550

Charge for year

600

At 30 April 2021

7,150

NET BOOK VALUE

At 30 April 2021

4,850

At 30 April 2020

5,450

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2020

and 30 April 2021

25,689

DEPRECIATION

At 1 May 2020

22,475

Charge for year

796

At 30 April 2021

23,271

NET BOOK VALUE

At 30 April 2021

2,418

At 30 April 2020

3,214

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Trade debtors

14,916

18,743

Amounts owed by associates

29,058

29,058

Other debtors

6,688

10,820

50,662

58,621

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.21

30.4.20

£

£

Bank loans and overdrafts

17,767

28,885

Trade creditors

11,284

37,816

Taxation and social security

259

(376

)

Other creditors

7,456

15,701

36,766

82,026

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.21

30.4.20

£

£

Bank loans

37,185

-

Other creditors

-

4,317

37,185

4,317

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30 April 2021 and 30 April 2020:

30.4.21

30.4.20

£

£

M Murray

Balance outstanding at start of year

7,984

(416

)

Amounts advanced

-

12,900

Amounts repaid

(2,400

)

(4,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

5,584

7,984

10.	RELATED PARTY DISCLOSURES

Oasis Trading (Commodities) Limited

Mr M Murray, a director, has a controlling interest in Oasis Trading (Commodities) Limited.

During the year, the company is owed £250 (2020 - £250) from Oasis Trading (Commodities) Limited.

Full of Beans Snacks Limited

Mr M Murray, a director, has a controlling interest in Full of Beans Limited.

At the balance sheet date the amount owed to the company by Full of Beans Snacks Limited were £26,723 (2020 - £26,723 owed to Full of Beans Snacks Ltd).

Shaw Road (Leasehold) Management Limited

Mr M Murray, a director, has a controlling interest in Shaw Road (Leasehold) Management Limited.

At the balance sheet date the amount owed to the company by Shaw Road (Leasehold) Management Limited were £2,085 (2020 £2,085).

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Full of Beans Snacks Limited.

The ultimate controlling party is M Murray.