ISLAND FOODS LIMITED

Company Registration Number:
04300308 (England and Wales)

Unaudited abridged accounts for the year ended 31 March 2023

Period of accounts

Start date: 01 April 2022

End date: 31 March 2023

ISLAND FOODS LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2023

Balance sheet
Notes

ISLAND FOODS LIMITED

Balance sheet

As at 31 March 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 149,388 166,112
Total fixed assets: 149,388 166,112
Current assets
Stocks: 30,423 10,785
Debtors:   72,567 92,789
Cash at bank and in hand: 321,268 157,774
Total current assets: 424,258 261,348
Creditors: amounts falling due within one year:   (210,541) (145,996)
Net current assets (liabilities): 213,717 115,352
Total assets less current liabilities: 363,105 281,464
Provision for liabilities: (15,760) (15,760)
Total net assets (liabilities): 347,345 265,704
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 347,245 265,604
Shareholders funds: 347,345 265,704

The notes form part of these financial statements

ISLAND FOODS LIMITED

Balance sheet statements

For the year ending 31 March 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 July 2023
and signed on behalf of the board by:

Name: Mr S Doe
Status: Director

The notes form part of these financial statements

ISLAND FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ISLAND FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

2. Employees

2023 2022
Average number of employees during the period 20 20

ISLAND FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2023

3. Tangible Assets

Total
Cost £
At 01 April 2022 450,951
Additions 8,624
At 31 March 2023 459,575
Depreciation
At 01 April 2022 284,839
Charge for year 25,348
At 31 March 2023 310,187
Net book value
At 31 March 2023 149,388
At 31 March 2022 166,112