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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
Page
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FRIENDS FOOD RETAIL LIMITED Company Information for the year ended 30 November 2021
Director
MR R NAVARATNAM
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
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FRIENDS FOOD RETAIL LIMITED Statement of financial position as at 30 November 2021
2021 
2020 
Notes
£ 
£ 
Fixed assets
Tangible assets
29,852 
33,946 
Current assets
Inventories
76,640 
68,965 
Debtors
5,100 
5,100 
Cash at bank and in hand
97,193 
46,279 
178,933 
120,344 
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)
Net assets
8,090 
1,853 
Capital and reserves
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
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FRIENDS FOOD RETAIL LIMITED Notes to the Accounts for the year ended 30 November 2021
1
Statutory information
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.
2
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
20%
Fixtures & fittings
10%
4
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 
Additions
2,695 
- 
2,695 
At 30 November 2021
6,028 
44,225 
50,253 
Depreciation
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 
Net book value
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 
£ 
£ 
Other debtors
5,100 
5,100 
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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 
Accruals
460 
- 
93,314 
102,437 
7
Creditors: amounts falling due after more than one year
2021 
2020 
£ 
£ 
Bank loans
107,381 
50,000 
8
Average number of employees
During the year the average number of employees was 2 (2020: 4).
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