Company Registration No. 11216410 (England and Wales)
DARATIC GLOBAL FOODS LIMITED
Unaudited accounts
for the year ended 28 February 2022
DARATIC GLOBAL FOODS LIMITED
Unaudited accounts
Contents
DARATIC GLOBAL FOODS LIMITED
Company Information
for the year ended 28 February 2022
Director
Oluwole Muyideen AYENI
Company Number
11216410 (England and Wales)
Registered Office
34 DOWNLAND DRIVE
HOVE
BN3 8GJ
ENGLAND
DARATIC GLOBAL FOODS LIMITED
Statement of financial position
as at 28 February 2022
Intangible assets
7,000
14,000
Tangible assets
1,900
3,800
Cash at bank and in hand
1,749
1,248
Creditors: amounts falling due within one year
(6,592)
(11,019)
Net current assets
28,796
32,549
Total assets less current liabilities
37,696
50,349
Creditors: amounts falling due after more than one year
(91,185)
(82,824)
Net liabilities
(53,489)
(32,475)
Called up share capital
100
100
Profit and loss account
(53,589)
(32,575)
Shareholders' funds
(53,489)
(32,475)
For the year ending 28 February 2022 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 24 August 2022 and were signed on its behalf by
Oluwole Muyideen AYENI
Director
Company Registration No. 11216410
DARATIC GLOBAL FOODS LIMITED
Notes to the Accounts
for the year ended 28 February 2022
DARATIC GLOBAL FOODS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11216410. The registered office is 34 DOWNLAND DRIVE, HOVE, BN3 8GJ, 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.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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:
4
Intangible fixed assets
Goodwill
At 28 February 2022
35,000
At 28 February 2022
28,000
At 28 February 2021
14,000
DARATIC GLOBAL FOODS LIMITED
Notes to the Accounts
for the year ended 28 February 2022
5
Tangible fixed assets
Plant & machinery
6
Debtors: amounts falling due within one year
2022
2021
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
5,006
8,727
8
Creditors: amounts falling due after more than one year
2022
2021
Other creditors
44,685
36,324
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).