The Woodbridge Kitchen Company Limited,Ltd - AccountsLtd - Accounts

THE WOODBRIDGE KITCHEN COMPANY LIMITED - Company Information

2022-04-01 09557052 2023-03-31 09557052 2022-04-01 2023-03-31 09557052 2022-03-31 09557052 2021-04-01 2022-03-31 09557052 uk-core:WithinOneYear uk-bus:Original 2022-03-31 09557052 uk-core:WithinOneYear uk-bus:Original 2023-03-31 09557052 uk-core:ShareCapital uk-bus:Original 2023-03-31 09557052 uk-core:ShareCapital uk-bus:Original 2022-03-31 09557052 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2023-03-31 09557052 uk-core:RetainedEarningsAccumulatedLosses uk-bus:Original 2022-03-31 09557052 uk-bus:Director1 uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-core:NetGoodwill uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-core:PlantMachinery uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-core:ComputerEquipment uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-core:CommercialMotorVehicles uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-core:FurnitureFittings uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-core:Goodwill uk-bus:Original 2022-03-31 09557052 uk-core:Goodwill uk-bus:Original 2023-03-31 09557052 uk-core:ComputerEquipment uk-bus:Original 2022-03-31 09557052 uk-core:FurnitureFittings uk-bus:Original 2022-03-31 09557052 uk-core:CommercialMotorVehicles uk-bus:Original 2022-03-31 09557052 uk-core:PlantMachinery uk-bus:Original 2022-03-31 09557052 uk-core:CommercialMotorVehicles uk-bus:Original 2023-03-31 09557052 uk-core:FurnitureFittings uk-bus:Original 2023-03-31 09557052 uk-core:ComputerEquipment uk-bus:Original 2023-03-31 09557052 uk-core:PlantMachinery uk-bus:Original 2023-03-31 09557052 uk-core:AfterOneYear uk-bus:Original 2023-03-31 09557052 uk-core:AfterOneYear uk-bus:Original 2022-03-31 iso4217:GBP xbrli:pure 09557052 uk-bus:AuditExemptWithAccountantsReport uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-bus:FRS102 uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-bus:FilletedAccounts uk-bus:Original 2022-04-01 2023-03-31 09557052 uk-bus:PrivateLimitedCompanyLtd uk-bus:Original 2022-04-01 2023-03-31

The Woodbridge Kitchen Company Limited

Registered Number:09557052

For the year ended 31 March 2023

England and Wales

Unaudited Financial Statements

For the year ended 31 March 2023

The Woodbridge Kitchen Company Limited

Contents Page

Statement of Financial Position

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Notes to the Financial Statements

Registered Number :

09557052

As at 31 March 2023

The Woodbridge Kitchen Company Limited

Statement of Financial Position

2022

2023

Notes

Fixed assets

Property, plant and equipment

19,475

30,341

19,475

30,341

Current assets

Inventories

53,769

73,691

Trade and other receivables

45,813

39,888

185,276

Cash and cash equivalents

119,075

232,654

284,858

Trade and other payables: amounts falling due within one

year

(171,561)

(125,353)

113,297

107,301

Net current assets

Total assets less current liabilities

126,776

143,638

(3,700)

(5,767)

Provisions for liabilities

123,076

Net assets

137,871

Capital and reserves

Called up share capital

100

Retained earnings

122,976

137,771

123,076

137,871

Shareholders' funds

For the year ended 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 of its financial statements for the year ended 31 March 2023 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.

P N Venediger Director

These financial statements were approved and authorised for issue by the Board on 21 December 2023 and were signed by:

The notes form part of these financial statements

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For the year ended 31 March 2023

The Woodbridge Kitchen Company Limited

Notes to the Financial Statements

Statutory Information

The Woodbridge Kitchen Company Limited is a private limited company, limited by shares, domiciled in England and

Wales, registration number 09557052.

Registered address:

79A Thoroughfare

Woodbridge

Suffolk

IP12 1AW

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.

Revenue recognition

Turnover represents net invoiced sales of goods, excluding value added tax.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2015, is being amortised evenly over its estimated useful life of 5 years.

Property, plant and equipment

Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery

20% Straight line

33.33% Straight line

Computer Equipment

20% Reducing balance

Motor Vehicles

20% Straight line

Fixtures and fittings

Inventories

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

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position date.

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For the year ended 31 March 2023

The Woodbridge Kitchen Company Limited

Notes to the Financial Statements Continued

2. Intangible fixed assets

Goodwill

Cost or valuation

At 01 April 2022

35,000

At 31 March 2023

35,000

Amortisation

At 01 April 2022

35,000

At 31 March 2023

35,000

Net book value

At 31 March 2023

At 31 March 2022

3. Property, plant and equipment

Total

Computer

Equipment

Fixtures and

fittings

Motor

Vehicles

Plant and

Machinery

Cost or

valuation

At 01 April 2022

48,348

6,526

4,446

36,249

1,127

1,364

1,086

278

Additions

(1,930)

(15,249)

(172)

Disposals

(17,351)

At 31 March 2023

21,000

4,446

5,682

32,361

1,233

Provision for depreciation and impairment

At 01 April 2022

18,007

3,157

3,722

10,148

980

Charge for year

6,252

1,602

318

4,200

132

(11,373)

(1,062)

(10,148)

(163)

On disposal

At 31 March 2023

12,886

3,697

4,040

4,200

949

At 31 March 2023

Net book value

284

16,800

406

1,985

19,475

At 31 March 2022

147

26,101

724

3,369

30,341

4. Inventories

2022

2023

Stocks

73,691

53,769

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For the year ended 31 March 2023

The Woodbridge Kitchen Company Limited

Notes to the Financial Statements Continued

5. Trade and other receivables

2022

2023

Trade debtors

5,758

4,144

Other debtors

34,130

41,669

45,813

39,888

The debtors above include the following amounts falling due after more than one year:

Other debtors

27,000

6. Trade and other payables: amounts falling due within one year

2022

2023

Trade creditors

77,455

101,173

Taxation and social security

17,058

13,662

Other creditors

30,840

56,726

125,353

171,561

7. Related party transactions

P N Venediger - A shareholder and director, amount due to related party at the balance sheet date £8,618 (2021

£300).

K Torrance - A shareholder and director, amount due to related party at the balance sheet date £5,880 (2021 £987).

8. Average number of persons employed

During the year the average number of employees was 11 (2022 : 10)

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