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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
Page
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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
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THE GOOD FOOD & GIFT COMPANY LIMITED Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
751 
751 
Current assets
Debtors
14,134 
13,741 
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)
Capital and reserves
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
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THE GOOD FOOD & GIFT COMPANY LIMITED Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
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.
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.
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 
Depreciation
At 1 March 2022
981 
5,790 
6,771 
At 28 February 2023
981 
5,790 
6,771 
Net book value
At 28 February 2023
79 
672 
751 
At 28 February 2022
79 
672 
751 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
- 
273 
Trade debtors
14,134 
13,468 
14,134 
13,741 
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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)
Accruals
- 
800 
296,331 
295,938 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
61,175 
61,175 
Other creditors
415,830 
415,830 
477,005 
477,005 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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