The Uk Spice Company Ltd,Ltd - AccountsLtd - Accounts

The Uk Spice Company Ltd,Ltd - AccountsLtd - Accounts

THE UK SPICE COMPANY LTD - Company Information

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2020-04-01 07744777 2021-03-31 07744777 2020-04-01 2021-03-31 07744777 2020-03-31 07744777 2019-04-01 2020-03-31 07744777 uk-core:WithinOneYear 2020-03-31 07744777 uk-core:WithinOneYear 2021-03-31 07744777 uk-core:AfterOneYear 2020-03-31 07744777 uk-core:AfterOneYear 2021-03-31 07744777 uk-core:ShareCapital 2021-03-31 07744777 uk-core:ShareCapital 2020-03-31 07744777 uk-core:RetainedEarningsAccumulatedLosses 2021-03-31 07744777 uk-core:RetainedEarningsAccumulatedLosses 2020-03-31 07744777 uk-bus:Director1 2020-04-01 2021-03-31 07744777 uk-core:OfficeEquipment 2020-03-31 07744777 uk-core:FurnitureFittings 2020-03-31 07744777 uk-core:PlantMachinery 2020-03-31 07744777 uk-core:OfficeEquipment 2020-04-01 2021-03-31 07744777 uk-core:FurnitureFittings 2020-04-01 2021-03-31 07744777 uk-core:PlantMachinery 2020-04-01 2021-03-31 07744777 uk-core:PlantMachinery 2021-03-31 07744777 uk-core:FurnitureFittings 2021-03-31 07744777 uk-core:OfficeEquipment 2021-03-31 iso4217:GBP xbrli:pure 07744777 uk-bus:AuditExemptWithAccountantsReport 2020-04-01 2021-03-31 07744777 uk-bus:FRS102 2020-04-01 2021-03-31 07744777 uk-bus:FullAccounts 2020-04-01 2021-03-31 07744777 uk-bus:PrivateLimitedCompanyLtd 2020-04-01 2021-03-31
The Uk Spice Company Ltd
Registered Number:07744777
For the year ended 31 March 2021
England and Wales
Unaudited Financial Statements
2
For the year ended 31 March 2021
The Uk Spice Company Ltd
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
07744777
As at 31 March 2021
The Uk Spice Company Ltd
Statement of Financial Position
£
£
2020
2021
Notes
Fixed assets
Property, plant and equipment
5,944
1,654
2
5,944
1,654
Current assets
Inventories
11,500
14,370
3
Trade and other receivables
14,469
8,553
4
1,186
Cash and cash equivalents
12,735
35,658
27,155
Trade and other payables: amounts falling due within one
year
(42,400)
(2,689)
5
(15,245)
32,969
Net current assets
Total assets less current liabilities
38,913
(13,591)
Trade and other payables: amounts falling due after more
than one year
-
(41,000)
6
(2,087)
Net liabilities
(13,591)
Capital and reserves
Called up share capital
2
2
Retained earnings
(2,089)
(13,593)
(2,087)
(13,591)
Shareholders' funds
For the year ended 31 March 2021 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 of its financial statements for the year ended 31 March 2021 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Ellen Amanda Ashwood Director
These financial statements were approved and authorised for issue by the Board on 17 September 2021 and were signed by:
The notes form part of these financial statements
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4
For the year ended 31 March 2021
The Uk Spice Company Ltd
Notes to the Financial Statements
Statutory Information
The Uk Spice Company Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 07744777.
Registered address:
Unit 1, Armstrong Close
Churchfields Industrial Estate
St Leonards on Sea
East Sussex
TN38 9ST
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A 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 costs convention as
modified by the revaluation of certain assets.
2. Property, plant and equipment
Total
Computer
Equipment
Furniture and
Fittings
Plant and
Machinery
£
£
£
£
Cost or
valuation
At 01 April 2020
2,622
1,927
432
263
5,774
1,841
2,053
1,880
Additions
At 31 March 2021
2,143
2,485
3,768
8,396
Provision for depreciation and impairment
At 01 April 2020
968
760
113
95
Charge for year
1,484
601
474
409
At 31 March 2021
2,452
1,361
587
504
At 31 March 2021
Net book value
1,639
1,898
2,407
5,944
At 31 March 2020
168
319
1,167
1,654
3. Inventories
2020
2021
£
£
Stocks
14,370
11,500
2 of 3
5
For the year ended 31 March 2021
The Uk Spice Company Ltd
Notes to the Financial Statements Continued
4. Trade and other receivables
2020
2021
£
£
Trade debtors
2,856
10,907
Taxation and social security
3,459
3,521
Other debtors
2,238
41
14,469
8,553
5. Trade and other payables: amounts falling due within one year
2020
2021
£
£
Trade creditors
(2,169)
13,314
Taxation and social security
4,258
706
Accruals and deferred income
600
600
Directors' loan accounts
-
24,097
Other creditors
-
3,683
2,689
42,400
6. Trade and other payables: amounts falling due after more than one year
2020
2021
£
£
Bank loans and overdraft (secured)
41,000
-
7. Average number of persons employed
During the year the average number of employees was 0 (2020 : 4)
3 of 3