Company Registration No. 11076994 (England and Wales)
FRIENDS FOOD RETAIL LIMITED
Unaudited accounts
for the year ended 30 November 2021
FRIENDS FOOD RETAIL LIMITED
Unaudited accounts
Contents
FRIENDS FOOD RETAIL LIMITED
Company Information
for the year ended 30 November 2021
Company Number
11076994 (England and Wales)
Registered Office
209 The Heights
Northolt
UB5 4BX
ENGLAND
Accountants
IRTS Business Solutions Limited
209 The Heights
Northolt
Middlesex
UB5 4BX
FRIENDS FOOD RETAIL LIMITED
Statement of financial position
as at 30 November 2021
Tangible assets
29,852
33,946
Cash at bank and in hand
97,193
46,279
Creditors: amounts falling due within one year
(93,314)
(102,437)
Net current assets
85,619
17,907
Total assets less current liabilities
115,471
51,853
Creditors: amounts falling due after more than one year
(107,381)
(50,000)
Called up share capital
1,000
1,000
Profit and loss account
7,090
853
Shareholders' funds
8,090
1,853
For the year ending 30 November 2021 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 director acknowledges his 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 and authorised for issue on 9 August 2022 and were signed on its behalf by
MR R NAVARATNAM
Director
Company Registration No. 11076994
FRIENDS FOOD RETAIL LIMITED
Notes to the Accounts
for the year ended 30 November 2021
FRIENDS FOOD RETAIL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11076994. The registered office is 209 The Heights, Northolt, UB5 4BX, ENGLAND.
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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:
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Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 December 2020
3,333
44,225
47,558
At 30 November 2021
6,028
44,225
50,253
At 1 December 2020
1,627
11,985
13,612
Charge for the year
341
6,448
6,789
At 30 November 2021
1,968
18,433
20,401
At 30 November 2021
4,060
25,792
29,852
At 30 November 2020
1,706
32,240
33,946
5
Debtors: amounts falling due within one year
2021
2020
FRIENDS FOOD RETAIL LIMITED
Notes to the Accounts
for the year ended 30 November 2021
6
Creditors: amounts falling due within one year
2021
2020
Bank loans and overdrafts
4,165
4,165
Trade creditors
21,052
4,073
Taxes and social security
13,169
8,820
Loans from directors
54,468
85,379
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Creditors: amounts falling due after more than one year
2021
2020
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Average number of employees
During the year the average number of employees was 2 (2020: 4).