Yamato Catering Limited - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 07816743 (England and Wales)

Financial Statements

for the Year Ended 31 December 2020

for

Yamato Catering Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Report of the Accountants

6

DIRECTOR:

M Kawamoto Esq

REGISTERED OFFICE:

Unit 6-7

The Chase Centre

Chase Road

Park Royal

London

NW10 6QD

REGISTERED NUMBER:

07816743 (England and Wales)

ACCOUNTANTS:

Howard Modi & Co

99 Wynchgate

London

N14 6RJ

FIXED ASSETS

Tangible assets

4

6,130

7,753

CURRENT ASSETS

Stocks

-

1,000

Debtors

5

11,500

63,265

Prepayments and accrued income

-

2,609

Cash in hand

-

158

11,500

67,032

CREDITORS

Amounts falling due within one year

6

119,246

148,497

NET CURRENT LIABILITIES

(107,746

)

(81,465

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(101,616

)

(73,712

)

CREDITORS

Amounts falling due after more than one year

7

40,000

-

NET LIABILITIES

(141,616

)

(73,712

)

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

(142,616

)

(74,712

)

SHAREHOLDERS' FUNDS

(141,616

)

(73,712

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2020.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2020 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 20 September 2021 and were signed by:

M Kawamoto Esq - Director

1.	STATUTORY INFORMATION

Yamato Catering 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.

Tangible fixed assets

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

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 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 14 (2019 - 26 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2020

18,604

Additions

420

At 31 December 2020

19,024

DEPRECIATION

At 1 January 2020

10,851

Charge for year

2,043

At 31 December 2020

12,894

NET BOOK VALUE

At 31 December 2020

6,130

At 31 December 2019

7,753

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Trade debtors

2,500

48,397

Other debtors

9,000

14,868

11,500

63,265

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2020

2019

£

£

Bank loans and overdrafts

37,313

5,103

Trade creditors

2,026

28,063

Taxation and social security

11,455

32,749

Other creditors

68,452

82,582

119,246

148,497

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2020

2019

£

£

Bank loans

40,000

-

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 31 December 2020 set out on pages three to seven and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.

Howard Modi & Co

99 Wynchgate

London

N14 6RJ

20 September 2021