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REGISTERED NUMBER: 09383746 (England and Wales)















Unaudited Financial Statements

for the Period 24 July 2022 to 31 August 2023

for

Father's Farm Foods Ltd

Father's Farm Foods Ltd (Registered number: 09383746)






Contents of the Financial Statements
for the Period 24 July 2022 to 31 August 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Father's Farm Foods Ltd

Company Information
for the Period 24 July 2022 to 31 August 2023







DIRECTOR: Mr Hossein Mehrabinejad





REGISTERED OFFICE: 10 Commondale Way
Euroway Industrial Estate
Bradford
BD4 6SF





REGISTERED NUMBER: 09383746 (England and Wales)





ACCOUNTANTS: KJA Kilner Johnson Ltd
Network House
Stubs Beck Lane
Cleckheaton
BD19 4TT

Father's Farm Foods Ltd (Registered number: 09383746)

Balance Sheet
31 August 2023

2023 2022
as restated
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 282,364 247,205

CURRENT ASSETS
Stocks 636,500 621,947
Debtors 5 971,459 705,548
Cash at bank 46,575 40,005
1,654,534 1,367,500
CREDITORS
Amounts falling due within one year 6 1,378,485 1,106,227
NET CURRENT ASSETS 276,049 261,273
TOTAL ASSETS LESS CURRENT
LIABILITIES

558,413

508,478

CREDITORS
Amounts falling due after more than one
year

7

(177,515

)

(216,658

)

PROVISIONS FOR LIABILITIES (69,029 ) (61,308 )
NET ASSETS 311,869 230,512

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 311,769 230,412
311,869 230,512

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

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

The director acknowledges his 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.

Father's Farm Foods Ltd (Registered number: 09383746)

Balance Sheet - continued
31 August 2023


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 director and authorised for issue on 23 January 2024 and were signed by:





Mr Hossein Mehrabinejad - Director


Father's Farm Foods Ltd (Registered number: 09383746)

Notes to the Financial Statements
for the Period 24 July 2022 to 31 August 2023

1. STATUTORY INFORMATION

Father's Farm Foods Ltd 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.

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.

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
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Land and buildings - 2% straight line
Plant and machinery etc - 18% 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.

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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the period was 5 (2022 - 5 ) .

Father's Farm Foods Ltd (Registered number: 09383746)

Notes to the Financial Statements - continued
for the Period 24 July 2022 to 31 August 2023

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 24 July 2022 23,016 334,140 357,156
Additions - 86,218 86,218
Disposals - (17,500 ) (17,500 )
At 31 August 2023 23,016 402,858 425,874
DEPRECIATION
At 24 July 2022 - 109,951 109,951
Charge for period 460 42,687 43,147
Eliminated on disposal - (9,588 ) (9,588 )
At 31 August 2023 460 143,050 143,510
NET BOOK VALUE
At 31 August 2023 22,556 259,808 282,364
At 23 July 2022 23,016 224,189 247,205

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Trade debtors 965,878 700,037
Other debtors 5,581 5,511
971,459 705,548

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
as restated
£    £   
Bank loans and overdrafts 138,718 36,360
Hire purchase contracts 4,549 5,730
Invoice financing 89,733 314,141
Trade creditors 897,132 471,436
Taxation and social security 34,898 29,378
Other creditors 213,455 249,182
1,378,485 1,106,227

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2023 2022
as restated
£    £   
Bank loans 166,142 201,538
Hire purchase contracts 11,373 15,120
177,515 216,658