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Company Registration No. 10499449 (England and Wales)
A1 Food Products Ltd Unaudited accounts for the year ended 30 November 2023
A1 Food Products Ltd Unaudited accounts Contents
Page
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A1 Food Products Ltd Company Information for the year ended 30 November 2023
Directors
S Akudi N Maniyar
Company Number
10499449 (England and Wales)
Registered Office
Providence Works Henry Street Batley WF17 6JJ
Accountants
CGI Accountants Ltd Branch House 31-33 Branch Road Batley West Yorkshire WF17 5SB
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A1 Food Products Ltd Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
21,000 
21,000 
Tangible assets
50,436 
33,035 
71,436 
54,035 
Current assets
Inventories
19,870 
17,200 
Debtors
15,566 
15,688 
Cash at bank and in hand
21,734 
32,126 
57,170 
65,014 
Creditors: amounts falling due within one year
(15,573)
(13,467)
Net current assets
41,597 
51,547 
Total assets less current liabilities
113,033 
105,582 
Creditors: amounts falling due after more than one year
(58,587)
(58,587)
Net assets
54,446 
46,995 
Capital and reserves
Called up share capital
144 
144 
Profit and loss account
54,302 
46,851 
Shareholders' funds
54,446 
46,995 
For the year ending 30 November 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 16 April 2024 and were signed on its behalf by
S Akudi Director Company Registration No. 10499449
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A1 Food Products Ltd Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
A1 Food Products Ltd is a private company, limited by shares, registered in England and Wales, registration number 10499449. The registered office is Providence Works, Henry Street, Batley, WF17 6JJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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 reducing balance
Motor vehicles
25% on reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
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A1 Food Products Ltd Notes to the Accounts for the year ended 30 November 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 December 2022
21,000 
At 30 November 2023
21,000 
Amortisation
At 1 December 2022
- 
At 30 November 2023
- 
Net book value
At 30 November 2023
21,000 
At 30 November 2022
21,000 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
67,010 
16,519 
83,529 
Additions
30,591 
- 
30,591 
At 30 November 2023
97,601 
16,519 
114,120 
Depreciation
At 1 December 2022
43,267 
7,227 
50,494 
Charge for the year
10,867 
2,323 
13,190 
At 30 November 2023
54,134 
9,550 
63,684 
Net book value
At 30 November 2023
43,467 
6,969 
50,436 
At 30 November 2022
23,743 
9,292 
33,035 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
12,795 
13,684 
Other debtors
2,771 
2,004 
15,566 
15,688 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
12,258 
4,643 
Taxes and social security
1,124 
3,447 
Other creditors
2,191 
5,377 
15,573 
13,467 
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A1 Food Products Ltd Notes to the Accounts for the year ended 30 November 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Loans from directors
58,587 
58,587 
9
Average number of employees
During the year the average number of employees was 13 (2022: 9).
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