Company Registration No. 11411648 (England and Wales)
SLOUGH FOODS LTD
Unaudited accounts
for the year ended 30 June 2023
SLOUGH FOODS LTD
Unaudited accounts
Contents
SLOUGH FOODS LTD
Company Information
for the year ended 30 June 2023
Company Number
11411648 (England and Wales)
Registered Office
303 HIGH STREET
SLOUGH
SL1 1BD
ENGLAND
SLOUGH FOODS LTD
Statement of financial position
as at 30 June 2023
Tangible assets
53,594
59,549
Inventories
170,560
120,788
Cash at bank and in hand
21,927
71,909
Creditors: amounts falling due within one year
(185,488)
(198,712)
Net current assets
38,427
25,212
Called up share capital
1,000
1,000
Profit and loss account
91,021
83,761
Shareholders' funds
92,021
84,761
For the year ending 30 June 2023 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 8 September 2023 and were signed on its behalf by
Neamatullah Amin
Director
Company Registration No. 11411648
SLOUGH FOODS LTD
Notes to the Accounts
for the year ended 30 June 2023
SLOUGH FOODS LTD is a private company, limited by shares, registered in England and Wales, registration number 11411648. The registered office is 303 HIGH STREET, SLOUGH, SL1 1BD, 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.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Motor vehicles
10 % reducing balance
Fixtures & fittings
10 % reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
SLOUGH FOODS LTD
Notes to the Accounts
for the year ended 30 June 2023
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 July 2022
7,000
8,520
71,835
87,355
At 30 June 2023
7,000
8,520
71,835
87,355
At 1 July 2022
700
2,850
24,256
27,806
Charge for the year
630
567
4,758
5,955
At 30 June 2023
1,330
3,417
29,014
33,761
At 30 June 2023
5,670
5,103
42,821
53,594
At 30 June 2022
6,300
5,670
47,579
59,549
Amounts falling due within one year
Other debtors
27,500
27,500
6
Creditors: amounts falling due within one year
2023
2022
Taxes and social security
18,488
15,712
Loans from directors
167,000
183,000
7
Average number of employees
During the year the average number of employees was 8 (2022: 6).