SIMPLE FOOD LIMITED

Company Registration Number:
11256401 (England and Wales)

Unaudited statutory accounts for the year ended 31 March 2022

Period of accounts

Start date: 1 April 2021

End date: 31 March 2022

SIMPLE FOOD LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2022

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SIMPLE FOOD LIMITED

Directors' report period ended 31 March 2022

The directors present their report with the financial statements of the company for the period ended 31 March 2022

Directors

The director shown below has held office during the whole of the period from
1 April 2021 to 31 March 2022

Nigel Jones


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
12 August 2022

And signed on behalf of the board by:
Name: Nigel Jones
Status: Director

SIMPLE FOOD LIMITED

Profit And Loss Account

for the Period Ended 31 March 2022

2022 2021


£

£
Turnover: 3,192,831 1,488,270
Cost of sales: ( 1,930,484 ) ( 957,843 )
Gross profit(or loss): 1,262,347 530,427
Distribution costs: ( 231,902 ) ( 117,392 )
Administrative expenses: ( 278,034 ) ( 209,381 )
Operating profit(or loss): 752,411 203,654
Profit(or loss) before tax: 752,411 203,654
Tax: ( 111,283 ) ( 38,694 )
Profit(or loss) for the financial year: 641,128 164,960

SIMPLE FOOD LIMITED

Balance sheet

As at 31 March 2022

Notes 2022 2021


£

£
Fixed assets
Tangible assets: 3 803,841 516,693
Total fixed assets: 803,841 516,693
Current assets
Stocks: 4 617,382 372,928
Debtors: 5 446,473 354,273
Cash at bank and in hand: 406,355 69,582
Total current assets: 1,470,210 796,783
Creditors: amounts falling due within one year: 6 ( 201,954 ) ( 132,506 )
Net current assets (liabilities): 1,268,256 664,277
Total assets less current liabilities: 2,072,097 1,180,970
Total net assets (liabilities): 2,072,097 1,180,970
Capital and reserves
Called up share capital: 250,000 1
Profit and loss account: 1,822,097 1,180,969
Total Shareholders' funds: 2,072,097 1,180,970

The notes form part of these financial statements

SIMPLE FOOD LIMITED

Balance sheet statements

For the year ending 31 March 2022 the company was entitled to exemption 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.

This report was approved by the board of directors on 12 August 2022
and signed on behalf of the board by:

Name: Nigel Jones
Status: Director

The notes form part of these financial statements

SIMPLE FOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SIMPLE FOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

  • 2. Employees

    2022 2021
    Average number of employees during the period 10 8

SIMPLE FOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2021 127,490 125,564 92,963 89,861 156,610 592,488
Additions 175,821 25,845 13,842 58,493 95,150 369,151
Disposals
Revaluations
Transfers
At 31 March 2022 303,311 151,409 106,805 148,354 251,760 961,639
Depreciation
At 1 April 2021 12,556 13,944 17,972 31,323 75,795
Charge for year 13,485 14,110 19,552 34,856 82,003
On disposals
Other adjustments
At 31 March 2022 26,041 28,054 37,524 66,179 157,798
Net book value
At 31 March 2022 303,311 125,368 78,751 110,830 185,581 803,841
At 31 March 2021 127,490 113,008 79,019 71,889 125,287 516,693

SIMPLE FOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

4. Stocks

2022 2021
£ £
Stocks 617,382 372,928
Total 617,382 372,928

SIMPLE FOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

5. Debtors

2022 2021
£ £
Trade debtors 446,473 354,273
Total 446,473 354,273

SIMPLE FOOD LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2022

6. Creditors: amounts falling due within one year note

2022 2021
£ £
Trade creditors 90,671 93,812
Taxation and social security 111,283 38,694
Total 201,954 132,506