The Kitchenware Company (Ne) Limited - Accounts to registrar (filleted) - small 23.1.2

REGISTERED NUMBER: 09864904 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 September 2023

for

The Kitchenware Company (Ne) Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

M Davison

SECRETARY:

M Davison

REGISTERED OFFICE:

Unit 9

Oak Drive

Lionheart Enterprise Park

Alnwick

NE66 2EU

REGISTERED NUMBER:

09864904 (England and Wales)

ACCOUNTANTS:

DJ Pape & Associates (NW) Ltd

13 High Street East

Glossop

Derbyshire

SK13 8DA

FIXED ASSETS

Tangible assets

4

22

27

CURRENT ASSETS

Stocks

34,077

34,044

Debtors

5

1,584

-

Cash at bank

14,552

23,634

50,213

57,678

CREDITORS

Amounts falling due within one year

6

45,918

41,288

NET CURRENT ASSETS

4,295

16,390

TOTAL ASSETS LESS CURRENT LIABILITIES

4,317

16,417

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

4,316

16,416

SHAREHOLDERS' FUNDS

4,317

16,417

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 2023 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 22 February 2024 and were signed by:

M Davison - Director

1.	STATUTORY INFORMATION

The Kitchenware Company (Ne) 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2022 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 October 2022

and 30 September 2023

129

DEPRECIATION

At 1 October 2022

102

Charge for year

5

At 30 September 2023

107

NET BOOK VALUE

At 30 September 2023

22

At 30 September 2022

27

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Trade debtors

1,584

-

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.23

30.9.22

£

£

Trade creditors

2

1

Taxation and social security

17,125

12,496

Other creditors

28,791

28,791

45,918

41,288