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Company Registration No. SC545037 (Scotland)
East Lothian Food And Drink Ltd Unaudited accounts for the year ended 31 August 2023
East Lothian Food And Drink Ltd Unaudited accounts Contents
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East Lothian Food And Drink Ltd Company Information for the year ended 31 August 2023
Directors
Marie-Claire Louise James John Fleming Allan McMillan Jocelyn Williamson David James Alexander Strachan Chris Luca Steven Paul Sturgeon
Company Number
SC545037 (Scotland)
Registered Office
Room 2, 19 John Muir House Brewery Park Haddington East Lothian EH41 3HA Scotland
Accountants
AGL Tax Solutions LLP 2A Station Yard Haddington East Lothian EH41 3PP
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East Lothian Food And Drink Ltd Statement of financial position as at 31 August 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
353 
526 
Current assets
Debtors
1,256 
31,516 
Cash at bank and in hand
38,726 
28,876 
39,982 
60,392 
Creditors: amounts falling due within one year
(3,024)
(2,487)
Net current assets
36,958 
57,905 
Net assets
37,311 
58,431 
Reserves
Profit and loss account
37,311 
58,431 
Members' funds
37,311 
58,431 
For the year ending 31 August 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 directors acknowledge their 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 of Directors and authorised for issue on 15 November 2023 and were signed on its behalf by
Chris Luca Director Company Registration No. SC545037
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East Lothian Food And Drink Ltd Notes to the Accounts for the year ended 31 August 2023
1
Statutory information
East Lothian Food And Drink Ltd is a private company, limited by guarantee, registered in Scotland, registration number SC545037. The registered office is Room 2, 19 John Muir House, Brewery Park , Haddington, East Lothian, EH41 3HA, Scotland.
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
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. The financial statements have been prepared under the historic cost convention.
Going concern
In preparing these financial statements, the directors have assessed whether there are any material uncertainties related to events or conditions that cast significant doubt upon the company’s ability to continue as a going concern. In making this assessment, the directors take into account all available information about the future which is at least 12 months from the date that the financial statements are authorised for issue. The directors consider that the company has adequate resources to continue in business for the foreseeable future and that it is appropriate to adopt the going concern basis in preparing the financial statements.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, Value Added Tax and other sales taxes.
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:
Fixtures & fittings
20% straight line
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Presentation currency
The accounts are presented in £ sterling.
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East Lothian Food And Drink Ltd Notes to the Accounts for the year ended 31 August 2023
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 September 2022
1,199 
At 31 August 2023
1,199 
Depreciation
At 1 September 2022
673 
Charge for the year
173 
At 31 August 2023
846 
Net book value
At 31 August 2023
353 
At 31 August 2022
526 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
630 
31,201 
Accrued income and prepayments
626 
315 
1,256 
31,516 
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Taxes and social security
1,584 
1,047 
Accruals
1,440 
1,440 
3,024 
2,487 
7
Company limited by guarantee
The company is limited by guarantee and has no share capital. Every member of the company undertakes to contribute to the assets of the company, in the event of a winding up, such an amount as may be required not exceeding £1.
8
Average number of employees
During the year the average number of employees was 2 (2022: 2).
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