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UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2023

FOR

FOOD FABRICATIONS LIMITED

FOOD FABRICATIONS LIMITED (REGISTERED NUMBER: 02900374)






CONTENTS OF THE FINANCIAL STATEMENTS
for the year ended 31 March 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Chartered Certified Accountant's Report 6

FOOD FABRICATIONS LIMITED

COMPANY INFORMATION
for the year ended 31 March 2023







DIRECTORS: J C Bihari
J I Bihari





SECRETARY: J C Bihari





REGISTERED OFFICE: Unit 22
Station Lane Industrial Estate
Old Whittington
Chesterfield
Derbyshire
S41 9QX





REGISTERED NUMBER: 02900374 (England and Wales)





ACCOUNTANT: Hewitt Card Limited
Chartered Certified Accountants
70-72 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BN

FOOD FABRICATIONS LIMITED (REGISTERED NUMBER: 02900374)

BALANCE SHEET
31 March 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 73,031 62,924

CURRENT ASSETS
Stocks 31,931 56,165
Debtors 6 316,001 277,551
Cash at bank and in hand 734 10,013
348,666 343,729
CREDITORS
Amounts falling due within one year 7 223,850 207,802
NET CURRENT ASSETS 124,816 135,927
TOTAL ASSETS LESS CURRENT LIABILITIES 197,847 198,851

PROVISIONS FOR LIABILITIES 8 13,873 11,952
NET ASSETS 183,974 186,899

CAPITAL AND RESERVES
Called up share capital 17,456 17,456
Capital redemption reserve 2,842 2,842
Retained earnings 163,676 166,601
SHAREHOLDERS' FUNDS 183,974 186,899

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 October 2023 and were signed on its behalf by:





J C Bihari - Director


FOOD FABRICATIONS LIMITED (REGISTERED NUMBER: 02900374)

NOTES TO THE FINANCIAL STATEMENTS
for the year ended 31 March 2023

1. STATUTORY INFORMATION

Food Fabrications Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents net invoiced sales of goods, plus amounts due for work completed at the year end not yet invoiced, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery - 15% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - Straight line over 3 years

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Deferred taxation
Provision is made at current rates for taxation deferred in respect of all material timing differences.


4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2022 - 17 ) .

FOOD FABRICATIONS LIMITED (REGISTERED NUMBER: 02900374)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 April 2022 212,183 10,599 59,937 7,104 289,823
Additions 10,086 - 13,980 - 24,066
Disposals (4,572 ) - (5,500 ) (2,285 ) (12,357 )
At 31 March 2023 217,697 10,599 68,417 4,819 301,532
DEPRECIATION
At 1 April 2022 169,806 6,706 43,460 6,927 226,899
Charge for year 7,716 584 4,008 177 12,485
Eliminated on disposal (3,545 ) - (5,053 ) (2,285 ) (10,883 )
At 31 March 2023 173,977 7,290 42,415 4,819 228,501
NET BOOK VALUE
At 31 March 2023 43,720 3,309 26,002 - 73,031
At 31 March 2022 42,377 3,893 16,477 177 62,924

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 307,916 247,397
Other debtors 1,156 2,641
Directors' current accounts - 3,541
Corporation tax - 20,979
Prepayments 6,929 2,993
316,001 277,551

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 18,847 -
Trade creditors 63,540 69,005
Tax 5,787 17,509
Social security and other taxes 15,055 12,200
VAT 71,022 63,216
Directors' current accounts 41,645 33,677
Accrued expenses 7,954 12,195
223,850 207,802

8. PROVISIONS FOR LIABILITIES
2023 2022
£    £   
Deferred tax
Accelerated capital allowances 13,873 11,952

FOOD FABRICATIONS LIMITED (REGISTERED NUMBER: 02900374)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the year ended 31 March 2023

8. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2022 11,952
Provided during year 1,921
Deferred tax in the profit and
loss account for the period
Balance at 31 March 2023 13,873

CHARTERED CERTIFIED ACCOUNTANT'S REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
FOOD FABRICATIONS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, I have prepared for your approval the financial statements of Food Fabrications Limited for the year ended 31 March 2023 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given me.

As a practising member of the Association of Chartered Certified Accountants, I am subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Food Fabrications Limited, as a body, in accordance with my terms of engagement. My work has been undertaken solely to prepare for your approval the financial statements of Food Fabrications Limited and state those matters that I have agreed to state to the Board of Directors of Food Fabrications Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, I do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for my work or for this report.

It is your duty to ensure that Food Fabrications Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Food Fabrications Limited. You consider that Food Fabrications Limited is exempt from the statutory audit requirement for the year.

I have not been instructed to carry out an audit or a review of the financial statements of Food Fabrications Limited. For this reason, I have not verified the accuracy or completeness of the accounting records or information and explanations you have given to me and I do not, therefore, express any opinion on the statutory financial statements.






Hewitt Card Limited
Chartered Certified Accountants
70-72 Nottingham Road
Mansfield
Nottinghamshire
NG18 1BN


17 October 2023