Dessert Foods Ltd 13926144 false 2022-02-18 2023-02-28 2023-02-28 The principal activity of the company is Event catering activities Digita Accounts Production Advanced 6.30.9574.0 true 13926144 2022-02-18 2023-02-28 13926144 2023-02-28 13926144 bus:OrdinaryShareClass1 bus:OtherShareType 2023-02-28 13926144 core:CurrentFinancialInstruments core:WithinOneYear 2023-02-28 13926144 bus:SmallEntities 2022-02-18 2023-02-28 13926144 bus:AuditExemptWithAccountantsReport 2022-02-18 2023-02-28 13926144 bus:AbridgedAccounts 2022-02-18 2023-02-28 13926144 bus:SmallCompaniesRegimeForAccounts 2022-02-18 2023-02-28 13926144 bus:RegisteredOffice 2022-02-18 2023-02-28 13926144 bus:Director1 2022-02-18 2023-02-28 13926144 bus:OrdinaryShareClass1 bus:OtherShareType 2022-02-18 2023-02-28 13926144 bus:PrivateLimitedCompanyLtd 2022-02-18 2023-02-28 13926144 core:PlantMachinery 2022-02-18 2023-02-28 13926144 countries:AllCountries 2022-02-18 2023-02-28 iso4217:GBP xbrli:pure xbrli:shares

Registration number: 13926144

Dessert Foods Ltd

Annual Report and Unaudited Abridged Financial Statements

for the Period from 18 February 2022 to 28 February 2023

 

Dessert Foods Ltd

Contents

Company Information

1

Abridged Balance Sheet

2

Notes to the Unaudited Abridged Financial Statements

3 to 4

 

Dessert Foods Ltd

Company Information

Director

Mr Mohammed Mustafa

Registered office

30 Blackburn Road
Haslingden
Rossendale
Lancashire
BB4 5QQ

Accountants

A.Y.A Investments Limited
82 Blackburn Road
Accrington
Lancashire
BB5 1LL

 

Dessert Foods Ltd

(Registration number: 13926144)
Abridged Balance Sheet as at 28 February 2023

Note

2023
£

Fixed assets

 

Tangible assets

338

Current assets

 

Cash at bank and in hand

 

473

Creditors: Amounts falling due within one year

(759)

Net current liabilities

 

(286)

Total assets less current liabilities

 

52

Accruals and deferred income

 

(500)

Net liabilities

 

(448)

Capital and reserves

 

Called up share capital

4

1

Retained earnings

(449)

Shareholders' deficit

 

(448)

For the financial period ending 28 February 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the period in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Profit and Loss Account has been taken.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

Approved and authorised by the director on 14 November 2023
 

.........................................
Mr Mohammed Mustafa
Director

 

Dessert Foods Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2022 to 28 February 2023

1

General information

The company is a private company limited by share capital, incorporated in England & Wales.

The address of its registered office is:
30 Blackburn Road
Haslingden
Rossendale
Lancashire
BB4 5QQ
England

These financial statements were authorised for issue by the director on 14 November 2023.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Plant and machinery

20% Per Annum Reducing Balance Basis

 

Dessert Foods Ltd

Notes to the Unaudited Abridged Financial Statements for the Period from 18 February 2022 to 28 February 2023

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3

Staff numbers

The average number of persons employed by the company (including the director) during the period, was 1.

4

Share capital

Allotted, called up and fully paid shares

 

2023

 

No.

£

Ordinary of £1 each

1

1