Nature's Table Snacks Limited - Accounts to registrar (filleted) - small 23.2.5

REGISTERED NUMBER: 07214124 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2023

for

Nature's Table Snacks Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

M Murray

REGISTERED OFFICE:

6 Station View

Hazel Grove

Stockport

SK7 5ER

REGISTERED NUMBER:

07214124 (England and Wales)

ACCOUNTANTS:

IN Accountancy Limited

6 Station View

Bramhall Moor Lane

Hazel Grove

Stockport

Cheshire

SK7 5ER

FIXED ASSETS

Intangible assets

4

3,650

4,250

Tangible assets

5

1,360

1,813

5,010

6,063

CURRENT ASSETS

Stocks

10,098

11,177

Debtors

6

47,332

51,385

57,430

62,562

CREDITORS

Amounts falling due within one year

7

55,890

47,856

NET CURRENT ASSETS

1,540

14,706

TOTAL ASSETS LESS CURRENT LIABILITIES

6,550

20,769

CREDITORS

Amounts falling due after more than one year

8

(19,572

)

(28,423

)

PROVISIONS FOR LIABILITIES

(258

)

(345

)

NET LIABILITIES

(13,280

)

(7,999

)

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

(13,380

)

(8,099

)

SHAREHOLDERS' FUNDS

(13,280

)

(7,999

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 29 April 2024 and were signed by:

M Murray - Director

1.	STATUTORY INFORMATION

Nature's Table Snacks 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2009, is being amortised evenly over its estimated useful life of twenty years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery etc

-

25% on reducing balance

Stocks

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

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The company has made losses in the current and previous years and the balance sheet is insolvent. The company is dependent on its creditors in order to continue trading and this support is forthcoming. As a result, the accounts have been prepared on the going concern basis.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2022 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 May 2022

and 30 April 2023

12,000

AMORTISATION

At 1 May 2022

7,750

Charge for year

600

At 30 April 2023

8,350

NET BOOK VALUE

At 30 April 2023

3,650

At 30 April 2022

4,250

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2022

and 30 April 2023

25,689

DEPRECIATION

At 1 May 2022

23,876

Charge for year

453

At 30 April 2023

24,329

NET BOOK VALUE

At 30 April 2023

1,360

At 30 April 2022

1,813

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Trade debtors

12,647

18,077

Amounts owed by associates

26,973

26,973

Other debtors

7,712

6,335

47,332

51,385

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.23

30.4.22

£

£

Bank loans and overdrafts

21,443

23,881

Trade creditors

30,310

17,805

Taxation and social security

182

2,780

Other creditors

3,955

3,390

55,890

47,856

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.23

30.4.22

£

£

Bank loans

19,572

28,423

9.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.4.23

30.4.22

£

£

Within one year

6,600

-

Between one and five years

12,650

-

19,250

-

10.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.23

30.4.22

£

£

Bank overdrafts

12,689

15,118

11.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

In previous years loan were made to the director totalling £5,584. This remains outstanding at the balance sheet date (2022: £5,584). No interest is paid on the loan and no security given. The loan is repayable on demand.

12.	RELATED PARTY DISCLOSURES

Oasis Trading (Commodities) Limited

Mr M Murray, a director, has a controlling interest in Oasis Trading (Commodities) Limited.

At the year end date, the company was owed £250 (2022: £250) by Oasis Trading (Commodities) Limited.

Full of Beans Snacks Limited

Mr M Murray, a director, has a controlling interest in Full of Beans Snacks Limited.

At the year end date, the company was owed £26,723 (2022: £26,723) by Full of Beans Snacks Limited.

13.	ULTIMATE CONTROLLING PARTY

The controlling party is Full of Beans Snacks Limited.

The ultimate controlling party is M Murray.