Company Registration No. 03753750 (England and Wales)
THE GOOD FOOD & GIFT COMPANY LIMITED
Unaudited accounts
for the year ended 28 February 2023
THE GOOD FOOD & GIFT COMPANY LIMITED
Unaudited accounts
Contents
THE GOOD FOOD & GIFT COMPANY LIMITED
Company Information
for the year ended 28 February 2023
Directors
Stephen Briggs
Deborah Briggs
Company Number
03753750 (England and Wales)
Registered Office
LACEY HOUSE 28 HIGH STREET
LAVENDON
OLNEY
MK46 4HA
ENGLAND
THE GOOD FOOD & GIFT COMPANY LIMITED
Statement of financial position
as at 28 February 2023
Creditors: amounts falling due within one year
(296,331)
(295,938)
Net current liabilities
(282,197)
(282,197)
Total assets less current liabilities
(281,446)
(281,446)
Creditors: amounts falling due after more than one year
(477,005)
(477,005)
Net liabilities
(758,451)
(758,451)
Called up share capital
2
2
Profit and loss account
(758,453)
(758,453)
Shareholders' funds
(758,451)
(758,451)
For the year ending 28 February 2023 the company was entitled to exemption from audit under section 480 of the Companies Act 2006 relating to dormant 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
Stephen Briggs
Director
Company Registration No. 03753750
THE GOOD FOOD & GIFT COMPANY LIMITED
Notes to the Accounts
for the year ended 28 February 2023
THE GOOD FOOD & GIFT COMPANY LIMITED is a private company, limited by shares, registered in England and Wales, registration number 03753750. The registered office is LACEY HOUSE 28 HIGH STREET, LAVENDON, OLNEY, MK46 4HA, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
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
25% on reducing balance
Computer equipment
25% on reducing balance
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 March 2022
1,060
6,462
7,522
At 28 February 2023
1,060
6,462
7,522
At 1 March 2022
981
5,790
6,771
At 28 February 2023
981
5,790
6,771
At 28 February 2023
79
672
751
At 28 February 2022
79
672
751
Amounts falling due within one year
Trade debtors
14,134
13,468
THE GOOD FOOD & GIFT COMPANY LIMITED
Notes to the Accounts
for the year ended 28 February 2023
6
Creditors: amounts falling due within one year
2023
2022
Bank loans and overdrafts
44,531
44,531
Trade creditors
251,800
251,800
Taxes and social security
-
(1,193)
7
Creditors: amounts falling due after more than one year
2023
2022
Other creditors
415,830
415,830
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).