IRIS Accounts Production v24.1.0.578 12118787 director 1.8.22 31.7.23 31.7.23 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh121187872022-07-31121187872023-07-31121187872022-08-012023-07-31121187872021-07-31121187872021-08-012022-07-31121187872022-07-3112118787ns15:EnglandWales2022-08-012023-07-3112118787ns14:PoundSterling2022-08-012023-07-3112118787ns10:Director12022-08-012023-07-3112118787ns10:PrivateLimitedCompanyLtd2022-08-012023-07-3112118787ns10:SmallEntities2022-08-012023-07-3112118787ns10:AuditExempt-NoAccountantsReport2022-08-012023-07-3112118787ns10:SmallCompaniesRegimeForDirectorsReport2022-08-012023-07-3112118787ns10:SmallCompaniesRegimeForAccounts2022-08-012023-07-3112118787ns10:FullAccounts2022-08-012023-07-3112118787ns10:RegisteredOffice2022-08-012023-07-3112118787ns5:CurrentFinancialInstruments2023-07-3112118787ns5:CurrentFinancialInstruments2022-07-3112118787ns5:ShareCapital2023-07-3112118787ns5:ShareCapital2022-07-3112118787ns5:RetainedEarningsAccumulatedLosses2023-07-3112118787ns5:RetainedEarningsAccumulatedLosses2022-07-3112118787ns5:PlantMachinery2022-08-012023-07-3112118787ns5:PlantMachinery2022-07-3112118787ns5:PlantMachinery2023-07-3112118787ns5:PlantMachinery2022-07-31
REGISTERED NUMBER: 12118787 (England and Wales)















Unaudited Financial Statements

for the Year Ended 31 July 2023

for

Andy's Food Factory Limited

Andy's Food Factory Limited (Registered number: 12118787)






Contents of the Financial Statements
for the Year Ended 31 July 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Andy's Food Factory Limited

Company Information
for the Year Ended 31 July 2023







DIRECTOR: A Murdoch





REGISTERED OFFICE: 34 Snowdon Avenue
Maidstone
Kent
ME14 5NU





REGISTERED NUMBER: 12118787 (England and Wales)





ACCOUNTANTS: Berry & Company
Chartered Accountants
Sterling House
7 Ashford Road
Maidstone
Kent
ME14 5BJ

Andy's Food Factory Limited (Registered number: 12118787)

Balance Sheet
31 July 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,299 7,298

CURRENT ASSETS
Stocks 15,310 8,125
Cash at bank 734 580
16,044 8,705
CREDITORS
Amounts falling due within one year 5 14,665 9,146
NET CURRENT ASSETS/(LIABILITIES) 1,379 (441 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

7,678

6,857

CAPITAL AND RESERVES
Called up share capital 1 1
Retained earnings 7,677 6,856
7,678 6,857

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 29 April 2024 and were signed by:





A Murdoch - Director


Andy's Food Factory Limited (Registered number: 12118787)

Notes to the Financial Statements
for the Year Ended 31 July 2023

1. STATUTORY INFORMATION

Andy's Food Factory 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Turnover represents the fair value of consideration received or receivable derived from the provision of takeaway food and beverages from a mobile food stand during the year (excluding value added tax) and is recognised when the goods have been passed to customers.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 33% on cost, 20% on reducing balance, 20% on cost and 15% 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.

Financial instruments
The company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost with changes recognised in profit or loss.

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

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2022 - 5 ) .

Andy's Food Factory Limited (Registered number: 12118787)

Notes to the Financial Statements - continued
for the Year Ended 31 July 2023

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 August 2022 28,758
Additions 2,990
Disposals (2,027 )
At 31 July 2023 29,721
DEPRECIATION
At 1 August 2022 21,460
Charge for year 1,962
At 31 July 2023 23,422
NET BOOK VALUE
At 31 July 2023 6,299
At 31 July 2022 7,298

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Bank loans and overdrafts 45 46
Hire purchase contracts - 2,290
Taxation and social security 9,252 317
Other creditors 5,368 6,493
14,665 9,146

6. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is A Murdoch.