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REGISTERED NUMBER: 08744971 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 October 2023

for

Food Rocks Limited

Food Rocks Limited (Registered number: 08744971)






Contents of the Financial Statements
for the Year Ended 31 October 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Food Rocks Limited

Company Information
for the Year Ended 31 October 2023







DIRECTORS: S C Teesdale
Mrs A B E Murrell





REGISTERED OFFICE: Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF





BUSINESS ADDRESS: The Granary, Owlsbury
Horsted Green
Little Horsted
Uckfield
Sussex
TN22 5TJ





REGISTERED NUMBER: 08744971 (England and Wales)





ACCOUNTANTS: Bullimores LLP
Chartered Accountants
Old Printers Yard
156 South Street
Dorking
Surrey
RH4 2HF

Food Rocks Limited (Registered number: 08744971)

Balance Sheet
31 October 2023

31.10.23 31.10.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 3,976 32,304
Investments 5 9,038 9,038
13,014 41,342

CURRENT ASSETS
Debtors 6 61,886 578
Cash at bank and in hand 36,597 30,095
98,483 30,673
CREDITORS
Amounts falling due within one year 7 34,785 21,293
NET CURRENT ASSETS 63,698 9,380
TOTAL ASSETS LESS CURRENT
LIABILITIES

76,712

50,722

CREDITORS
Amounts falling due after more than one year 8 (28,080 ) (29,860 )

PROVISIONS FOR LIABILITIES (1,143 ) -
NET ASSETS 47,489 20,862

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 47,289 20,662
47,489 20,862

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2023 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.

Food Rocks Limited (Registered number: 08744971)

Balance Sheet - continued
31 October 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 Board of Directors and authorised for issue on 26 March 2024 and were signed on its behalf by:





S C Teesdale - Director


Food Rocks Limited (Registered number: 08744971)

Notes to the Financial Statements
for the Year Ended 31 October 2023

1. STATUTORY INFORMATION

Food Rocks 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.

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.

Taxation
Taxation for the year 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 year 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2022 - 2 ) .

Food Rocks Limited (Registered number: 08744971)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

4. TANGIBLE FIXED ASSETS
Plant and Motor Computer
machinery vehicles equipment Totals
£    £    £    £   
COST
At 1 November 2022 8,781 40,000 6,556 55,337
Disposals - (40,000 ) - (40,000 )
At 31 October 2023 8,781 - 6,556 15,337
DEPRECIATION
At 1 November 2022 4,700 13,150 5,183 23,033
Charge for year 1,020 4,475 458 5,953
Eliminated on disposal - (17,625 ) - (17,625 )
At 31 October 2023 5,720 - 5,641 11,361
NET BOOK VALUE
At 31 October 2023 3,061 - 915 3,976
At 31 October 2022 4,081 26,850 1,373 32,304

5. FIXED ASSET INVESTMENTS
Other
investments
£   
COST
At 1 November 2022
and 31 October 2023 9,038
NET BOOK VALUE
At 31 October 2023 9,038
At 31 October 2022 9,038

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Other debtors 4,000 -
Directors' current accounts 57,886 -
Deferred tax asset - 578
61,886 578

Food Rocks Limited (Registered number: 08744971)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.10.23 31.10.22
£    £   
Bank loans and overdrafts 4,167 4,167
Tax 27,016 6,989
Social security and other taxes 729 1,929
VAT 873 1,777
Directors' current accounts - 4,431
Accruals and deferred income 2,000 2,000
34,785 21,293

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.10.23 31.10.22
£    £   
Bank loans 2-5 years 16,667 16,667
Bank loans > 5 years 11,413 13,193
28,080 29,860

Amounts falling due in more than five years:

Repayable by instalments
Bank loans > 5 years 11,413 13,193

9. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2023 and 31 October 2022:

31.10.23 31.10.22
£    £   
S C Teesdale and Mrs A B E Murrell
Balance outstanding at start of year (4,431 ) 13,506
Amounts advanced 148,920 79,654
Amounts repaid (86,603 ) (97,591 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 57,886 (4,431 )

10. RELATED PARTY DISCLOSURES

During the year, total dividends of £62,000 were paid to the directors .

At 31st October 2023, the directors loan account was overdrawn in the sum of £57,886. The directors intend to repay this sum by 30th April 2024.