IRIS Accounts Production v23.3.1.45 12839472 Board of Directors 1.5.22 31.12.22 31.12.22 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh128394722022-04-30128394722022-12-31128394722022-05-012022-12-31128394722021-04-30128394722021-05-012022-04-30128394722022-04-3012839472ns10:Originalns15:EnglandWales2022-05-012022-12-3112839472ns14:PoundSterlingns10:Original2022-05-012022-12-3112839472ns10:Originalns10:Director12022-05-012022-12-3112839472ns10:Original2022-05-012022-12-3112839472ns10:Original2022-12-3112839472ns10:Originalns10:PrivateLimitedCompanyLtd2022-05-012022-12-3112839472ns10:Originalns10:SmallEntities2022-05-012022-12-3112839472ns10:Originalns10:AuditExempt-NoAccountantsReport2022-05-012022-12-3112839472ns10:Originalns10:SmallCompaniesRegimeForDirectorsReport2022-05-012022-12-3112839472ns10:SmallCompaniesRegimeForAccountsns10:Original2022-05-012022-12-3112839472ns10:Originalns10:AbridgedAccounts2022-05-012022-12-3112839472ns10:Original12022-05-012022-12-3112839472ns10:Originalns10:Director22022-05-012022-12-3112839472ns10:Originalns10:RegisteredOffice2022-05-012022-12-3112839472ns10:Original2022-04-3012839472ns10:Originalns5:CurrentFinancialInstruments2022-12-3112839472ns10:Originalns5:CurrentFinancialInstruments2022-04-3012839472ns5:ShareCapitalns10:Original2022-12-3112839472ns5:ShareCapitalns10:Original2022-04-3012839472ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-12-3112839472ns10:Originalns5:RetainedEarningsAccumulatedLosses2022-04-3012839472ns5:IntangibleAssetsOtherThanGoodwillns10:Original2022-05-012022-12-3112839472ns10:Originalns5:PatentsTrademarksLicencesConcessionsSimilar2022-05-012022-12-3112839472ns5:LongLeaseholdAssetsns10:Originalns5:LandBuildings2022-05-012022-12-3112839472ns10:Originalns5:PlantMachinery2022-05-012022-12-3112839472ns10:Originalns5:FurnitureFittings2022-05-012022-12-3112839472ns10:Original2021-05-012022-04-3012839472ns10:Original2022-04-30
DRAFT
REGISTERED NUMBER: 12839472 (England and Wales)












UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 MAY 2022 TO 31 DECEMBER 2022

FOR

STRATFORD MEATS LIMITED

STRATFORD MEATS LIMITED (REGISTERED NUMBER: 12839472)






CONTENTS OF THE FINANCIAL STATEMENTS
for the period 1 May 2022 to 31 December 2022

DRAFT



Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


STRATFORD MEATS LIMITED

COMPANY INFORMATION
for the period 1 May 2022 to 31 December 2022







DRAFT
DIRECTORS: Mr S S Ali
Mr S Z Ahmed





REGISTERED OFFICE: Stratford Meats Ltd T/A Tariq Halal
Unit 47/48 The Mall
Stratford Shopping Centre
London
E15 1XE





REGISTERED NUMBER: 12839472 (England and Wales)





ACCOUNTANTS: Raffingers LLP
Chartered Certified Accountants
19-20 Bourne Court
Southend Road
Woodford Green
Essex
IG8 8HD

STRATFORD MEATS LIMITED (REGISTERED NUMBER: 12839472)

ABRIDGED BALANCE SHEET
31 December 2022

2022 2022
Notes £    £    £    £   
DRAFT
FIXED ASSETS
Intangible assets 4 21,667 22,500
Tangible assets 5 401,017 501,272
422,684 523,772

CURRENT ASSETS
Stocks 68,123 75,271
Debtors 189,862 153,750
Cash at bank and in hand 51,565 165,098
309,550 394,119
CREDITORS
Amounts falling due within one year 1,517,561 1,422,383
NET CURRENT LIABILITIES (1,208,011 ) (1,028,264 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(785,327

)

(504,492

)

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (785,427 ) (504,592 )
(785,327 ) (504,492 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2022 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.

STRATFORD MEATS LIMITED (REGISTERED NUMBER: 12839472)

ABRIDGED BALANCE SHEET - continued
31 December 2022

DRAFT

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

All the members have consented to the preparation of an abridged Income Statement and an abridged Balance Sheet for the period ended 31 December 2022 in accordance with Section 444(2A) of the Companies Act 2006.

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 18 December 2023 and were signed on its behalf by:





Mr S S Ali - Director


STRATFORD MEATS LIMITED (REGISTERED NUMBER: 12839472)

NOTES TO THE FINANCIAL STATEMENTS
for the period 1 May 2022 to 31 December 2022
DRAFT

1. STATUTORY INFORMATION

Stratford Meats 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. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 historical cost convention.

The accounts have been prepared on the going concern basis as the directors are of the opinion that the company will meet its liabilities as and when due, due to the continued support of the directors.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Patents and licences are being amortised evenly over their estimated useful life of twenty years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Improvements to leasehold - 20% on reducing balance
Plant and machinery - 20% on reducing balance
Fixtures and fittings - 20% on reducing balance

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

Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


STRATFORD MEATS LIMITED (REGISTERED NUMBER: 12839472)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 May 2022 to 31 December 2022

2. ACCOUNTING POLICIES - continued
DRAFT
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the period end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 28 (2022 - 15 ) .

4. INTANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022
and 31 December 2022 25,000
AMORTISATION
At 1 May 2022 2,500
Amortisation for period 833
At 31 December 2022 3,333
NET BOOK VALUE

At 31 December 2022 21,667
At 30 April 2022 22,500

STRATFORD MEATS LIMITED (REGISTERED NUMBER: 12839472)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the period 1 May 2022 to 31 December 2022
DRAFT

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2022
and 31 December 2022 692,232
DEPRECIATION
At 1 May 2022 190,960
Charge for period 100,255
At 31 December 2022 291,215
NET BOOK VALUE
At 31 December 2022 401,017
At 30 April 2022 501,272

6. RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

At the balance sheet date, the company owed £87,000 (2022 - £112,000) to Mr S Z Ahmed, the director and £13,445 (2022-£,1945) to Mr S S Ali, the director.