Tasteofcornwall Ltd
Tasteofcornwall Ltd
Registered number: 13355421
Unaudited Financial Statements
For The Year Ended
30 April 2023
Lloyd Richards Ltd
Eaton House Stoke Prior Lane
Leominster
Herefordshire
HR6 0NA
Tasteofcornwall Ltd
Unaudited Financial Statements
For The Year Ended
30 April 2023
Unaudited Financial Statements
Contents | |
Page | |
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Balance Sheet | 1—2 |
Notes to the Financial Statements | 3—4 |
Page 1
Tasteofcornwall Ltd
Balance Sheet
As At
30 April 2023
Balance Sheet
Registered number:
13355421
For the year ending 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
30 April 2023 | 30 April 2022 | ||||
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Notes | £ | £ | £ | £ | |
FIXED ASSETS | |||||
Intangible Assets | 4 |
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Tangible Assets | 5 |
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CURRENT ASSETS | |||||
Stocks | 6 |
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Debtors | 7 |
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Cash at bank and in hand |
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Creditors: Amounts Falling Due Within One Year | 8 |
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NET CURRENT ASSETS (LIABILITIES) |
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TOTAL ASSETS LESS CURRENT LIABILITIES |
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NET LIABILITIES |
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CAPITAL AND RESERVES | |||||
Called up share capital | 9 |
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Profit and Loss Account |
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SHAREHOLDERS' FUNDS | (320) | (1,606) | |||
Page 1
Page 2
Tasteofcornwall Ltd
Balance Sheet (continued)
As At
30 April 2023
On behalf of the board
Director
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The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Tasteofcornwall Ltd
Notes to the Financial Statements
For The Year Ended
30 April 2023
Notes to the Financial Statements
1.
General Information
Tasteofcornwall Ltd
is a private company, limited by shares, incorporated in England & Wales, registered number
13355421
. The registered office is Agan Fow, St Eval, Wadebridge, Cornwall, PL27 7UR.
2.
Accounting Policies
2.1.
Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2.
Turnover
Turnover is the net value of retail sales adjusted if required for accrued or deferred income. The company is not registered for VAT.
2.3.
Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 5 years.
2.4.
Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery |
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Computer Equipment |
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2.5.
Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.
3.
Average Number of Employees
Average number of employees, including directors, during the year was:
30 April 2023 | 30 April 2022 | ||
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Sales, marketing and distribution |
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4.
Intangible Assets
Goodwill | |||
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£ | |||
Cost | |||
As at
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As at
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Amortisation | |||
As at
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Provided during the period |
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As at
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Net Book Value | |||
As at
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As at
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Page 3
Page 4
Tasteofcornwall Ltd
Notes to the Financial Statements (continued)
For The Year Ended
30 April 2023
5.
Tangible Assets
Plant & Machinery | Computer Equipment | Total | |
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£ | £ | £ | |
Cost | |||
As at
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Additions |
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As at
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Depreciation | |||
As at
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Provided during the period |
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As at
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Net Book Value | |||
As at
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As at
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6.
Stocks
30 April 2023 | 30 April 2022 | ||
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£ | £ | ||
Stock |
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7.
Debtors
30 April 2023 | 30 April 2022 | ||
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£ | £ | ||
Due within one year | |||
Trade debtors |
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Prepayments and accrued income |
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8.
Creditors: Amounts Falling Due Within One Year
30 April 2023 | 30 April 2022 | ||
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£ | £ | ||
Corporation tax |
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Accruals and deferred income |
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Director's loan account |
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9.
Share Capital
30 April 2023 | 30 April 2022 | ||
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£ | £ | ||
Allotted, Called up and fully paid |
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Page 4