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REGISTERED NUMBER: 04636585 (England and Wales)

























Unaudited Financial Statements for the Year Ended 31 January 2024

for

Coldchoice Foods Limited

Coldchoice Foods Limited (Registered number: 04636585)






Contents of the Financial Statements
for the Year Ended 31 January 2024




Page

Company Information 1

Balance Sheet 2 to 3

Notes to the Financial Statements 4 to 9


Coldchoice Foods Limited

Company Information
for the Year Ended 31 January 2024







DIRECTORS: A A Box
A K Box
B Box
Mrs P Box
Ms K M E Box





REGISTERED OFFICE: 6 Station View
Hazel Grove
Stockport
SK7 5ER





REGISTERED NUMBER: 04636585 (England and Wales)





ACCOUNTANTS: IN Accountancy Limited
6 Station View
Bramhall Moor Lane
Hazel Grove
Stockport
Cheshire
SK7 5ER

Coldchoice Foods Limited (Registered number: 04636585)

Balance Sheet
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 803,857 769,917

CURRENT ASSETS
Stocks 170,000 163,000
Debtors 5 473,015 351,531
Cash at bank and in hand 228,294 177,835
871,309 692,366
CREDITORS
Amounts falling due within one year 6 593,720 502,652
NET CURRENT ASSETS 277,589 189,714
TOTAL ASSETS LESS CURRENT LIABILITIES 1,081,446 959,631

CREDITORS
Amounts falling due after more than one
year

7

(291,358

)

(281,841

)

PROVISIONS FOR LIABILITIES (102,149 ) (91,148 )
NET ASSETS 687,939 586,642

Coldchoice Foods Limited (Registered number: 04636585)

Balance Sheet - continued
31 January 2024

31.1.24 31.1.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 1,000 1,000
Revaluation reserve 9 137,525 170,142
Retained earnings 549,414 415,500
SHAREHOLDERS' FUNDS 687,939 586,642

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 April 2024 and were signed on its behalf by:





Ms K M E Box - Director


Coldchoice Foods Limited (Registered number: 04636585)

Notes to the Financial Statements
for the Year Ended 31 January 2024

1. STATUTORY INFORMATION

Coldchoice Foods 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.

The financial statements are prepared in sterling which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - 2% on cost
Plant and machinery etc - 33% on cost and 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.


Coldchoice Foods Limited (Registered number: 04636585)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

2. ACCOUNTING POLICIES - continued
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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2023 - 15 ) .

Coldchoice Foods Limited (Registered number: 04636585)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2023 605,800 417,212 1,023,012
Additions - 134,960 134,960
Disposals - (33,125 ) (33,125 )
Transfer to ownership - 41,650 41,650
At 31 January 2024 605,800 560,697 1,166,497
DEPRECIATION
At 1 February 2023 15,058 247,921 262,979
Charge for year 12,116 80,370 92,486
Eliminated on disposal - (24,591 ) (24,591 )
Transfer to ownership - 31,766 31,766
At 31 January 2024 27,174 335,466 362,640
NET BOOK VALUE
At 31 January 2024 578,626 225,231 803,857
At 31 January 2023 590,742 169,291 760,033

Coldchoice Foods Limited (Registered number: 04636585)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
At 1 February 2023 153,898
Additions 116,385
Disposals (33,125 )
At 31 January 2024 237,158
DEPRECIATION
At 1 February 2023 51,607
Charge for year 56,074
Eliminated on disposal (24,591 )
At 31 January 2024 83,090
NET BOOK VALUE
At 31 January 2024 154,068
At 31 January 2023 102,291

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Trade debtors 460,493 337,244
Other debtors 12,522 14,287
473,015 351,531

Coldchoice Foods Limited (Registered number: 04636585)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans and overdrafts 35,892 37,595
Hire purchase contracts 43,876 39,834
Trade creditors 370,268 335,616
Taxation and social security 62,364 35,150
Other creditors 81,320 54,457
593,720 502,652

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
31.1.24 31.1.23
£    £   
Bank loans 189,800 223,866
Hire purchase contracts 101,558 57,975
291,358 281,841

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 94,715 103,788

8. SECURED DEBTS

The following secured debts are included within creditors:

31.1.24 31.1.23
£    £   
Hire purchase contracts 145,434 97,809
Bank Loan 40,028 43,706
Mortgage 143,239 157,150
328,701 298,665

The debts are secured by way of a legal charge in favour of Lloyds Bank PLC dated 11th September 2015 and 14th December 2015.

Coldchoice Foods Limited (Registered number: 04636585)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2024

9. RESERVES
Revaluation
reserve
£   
At 1 February 2023 170,142
Revaluation adjustment (32,617 )

At 31 January 2024 137,525

10. ULTIMATE CONTROLLING PARTY

The company is controlled by the directors acting in concert.