Company Registration No. 11866189 (England and Wales)
The Bistro @ Waffle21 Ltd
Unaudited accounts
for the year ended 31 March 2023
The Bistro @ Waffle21 Ltd
Unaudited accounts
Contents
The Bistro @ Waffle21 Ltd
Company Information
for the year ended 31 March 2023
Company Number
11866189 (England and Wales)
Registered Office
COLONIAL HOUSE
SWINEMOOR LANE
BEVERLEY
EAST YORKSHIRE
HU17 0LS
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
The Bistro @ Waffle21 Ltd
Statement of financial position
as at 31 March 2023
Tangible assets
2,767
3,472
Cash at bank and in hand
899
2,289
Creditors: amounts falling due within one year
(24,751)
(25,629)
Net current liabilities
(18,852)
(17,340)
Net liabilities
(16,085)
(13,868)
Called up share capital
3
3
Profit and loss account
(16,088)
(13,871)
Shareholders' funds
(16,085)
(13,868)
For the year ending 31 March 2023 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2023 and were signed on its behalf by
M Lax
Director
Company Registration No. 11866189
The Bistro @ Waffle21 Ltd
Notes to the Accounts
for the year ended 31 March 2023
The Bistro @ Waffle21 Ltd is a private company, limited by shares, registered in England and Wales, registration number 11866189. The registered office is COLONIAL HOUSE, SWINEMOOR LANE, BEVERLEY, EAST YORKSHIRE, HU17 0LS, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% on Cost
Fixtures & fittings
25% on Cost
Computer equipment
25% on Cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
The Bistro @ Waffle21 Ltd
Notes to the Accounts
for the year ended 31 March 2023
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
4
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 April 2022
2,880
1,875
492
5,247
At 31 March 2023
3,548
1,875
492
5,915
At 1 April 2022
956
516
303
1,775
Charge for the year
781
469
123
1,373
At 31 March 2023
1,737
985
426
3,148
At 31 March 2023
1,811
890
66
2,767
At 31 March 2022
1,924
1,359
189
3,472
5
Creditors: amounts falling due within one year
2023
2022
Amounts owed to group undertakings and other participating interests
17,965
16,855
Taxes and social security
5,233
8,054
Loans from directors
197
-
Allotted, called up and fully paid:
3 Ordinary shares of £1 each
3
3
7
Transactions with related parties
At 31/03/2023, The Bistro @ Waffle21 Ltd owed £17965 to Waffle 21 Ltd
8
Average number of employees
During the year the average number of employees was 3 (2022: 6).
