Company Registration No. 05719939 (England and Wales)
AGA FOOD LIMITED
Unaudited accounts
for the year ended 28 February 2023
AGA FOOD LIMITED
Unaudited accounts
Contents
AGA FOOD LIMITED
Company Information
for the year ended 28 February 2023
Directors
Rafal Jarmoszczuk
Robert Andrzej
Company Number
05719939 (England and Wales)
Registered Office
239 RIBBLETON LANE
PRESTON
PR1 5EA
ENGLAND
Accountants
SMART ACCOUNTING (NW) LTD
239 RIBBLETON LANE
PRESTON
PR1 5EA
AGA FOOD LIMITED
Statement of financial position
as at 28 February 2023
Tangible assets
132,618
106,384
Inventories
305,723
372,629
Cash at bank and in hand
1,250,476
1,470,993
Creditors: amounts falling due within one year
(582,721)
(701,484)
Net current assets
1,413,466
1,332,394
Net assets
1,546,084
1,438,778
Called up share capital
1,000
1,000
Profit and loss account
1,545,084
1,437,778
Shareholders' funds
1,546,084
1,438,778
For the year ending 28 February 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 20 September 2023 and were signed on its behalf by
Rafal Jarmoszczuk
Director
Company Registration No. 05719939
AGA FOOD LIMITED
Notes to the Accounts
for the year ended 28 February 2023
AGA FOOD LIMITED is a private company, limited by shares, registered in England and Wales, registration number 05719939. The registered office is 239 RIBBLETON LANE, PRESTON, PR1 5EA, 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.
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% on WDV
Computer equipment
33% on WDV
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2022
127,521
312,357
35,832
26,351
502,061
Additions
-
56,364
8,306
2,592
67,262
At 28 February 2023
127,521
368,721
44,138
28,943
569,323
At 1 March 2022
110,095
253,546
7,167
24,869
395,677
Charge for the year
3,485
28,794
7,394
1,355
41,028
At 28 February 2023
113,580
282,340
14,561
26,224
436,705
At 28 February 2023
13,941
86,381
29,577
2,719
132,618
At 28 February 2022
17,426
58,811
28,665
1,482
106,384
AGA FOOD LIMITED
Notes to the Accounts
for the year ended 28 February 2023
Amounts falling due within one year
Trade debtors
422,882
190,256
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Creditors: amounts falling due within one year
2023
2022
Trade creditors
487,814
621,359
Taxes and social security
39,204
45,349
Loans from directors
11,029
15,534
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Average number of employees
During the year the average number of employees was 40 (2022: 40).