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REGISTERED NUMBER: 04831427 (England and Wales)









Unaudited Financial Statements

for the Year Ended 31 December 2023

for

Focus Food Services Limited

Focus Food Services Limited (Registered number: 04831427)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Focus Food Services Limited

Company Information
for the Year Ended 31 December 2023







DIRECTORS: C Bagshaw
R Hancock
S C Bagshaw





SECRETARY: S C Bagshaw





REGISTERED OFFICE: Unit 16 - 18
Fan Road
Staveley
Derbyshire
S43 3PT





REGISTERED NUMBER: 04831427 (England and Wales)





ACCOUNTANTS: CFC Accountancy Services Limited
CFC House
Woodseats Close
Sheffield
S8 0TB

Focus Food Services Limited (Registered number: 04831427)

Balance Sheet
31 December 2023

31.12.23 31.12.22
Notes £    £   
FIXED ASSETS
Intangible assets 4 - 750
Tangible assets 5 78,249 78,020
78,249 78,770

CURRENT ASSETS
Stocks 25,250 35,550
Debtors 6 50,099 33,426
Cash at bank and in hand 77,038 37,306
152,387 106,282
CREDITORS
Amounts falling due within one year 7 (118,381 ) (99,411 )
NET CURRENT ASSETS 34,006 6,871
TOTAL ASSETS LESS CURRENT
LIABILITIES

112,255

85,641

CREDITORS
Amounts falling due after more than one year 8 (25,458 ) (30,827 )

PROVISIONS FOR LIABILITIES (13,914 ) (13,809 )
NET ASSETS 72,883 41,005

CAPITAL AND RESERVES
Called up share capital 200 200
Retained earnings 72,683 40,805
SHAREHOLDERS' FUNDS 72,883 41,005

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2023 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.

Focus Food Services Limited (Registered number: 04831427)

Balance Sheet - continued
31 December 2023


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 Board of Directors and authorised for issue on 6 March 2024 and were signed on its behalf by:





C Bagshaw - Director


Focus Food Services Limited (Registered number: 04831427)

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

1. STATUTORY INFORMATION

Focus Food Services 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.

Turnover
Turnover represents net invoiced sales of goods, excluding value added tax. Invoices are raised within the month that the food is distributed.

Goodwill
This relates to the transfer of Focus Fine Foods, a business owned by the director Mr C Bagshaw in 2004. The amount is being written off evenly over a period of 20 years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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 - 25% on reducing balance
Fixtures and fittings - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 33% on cost

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 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.

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.

Focus Food Services Limited (Registered number: 04831427)

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

2. ACCOUNTING POLICIES - continued

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.

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 9 (2022 - 8 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 January 2023
and 31 December 2023 15,000
AMORTISATION
At 1 January 2023 14,250
Charge for year 750
At 31 December 2023 15,000
NET BOOK VALUE
At 31 December 2023 -
At 31 December 2022 750

5. TANGIBLE FIXED ASSETS
Fixtures
Plant and and Motor Computer
machinery fittings vehicles equipment Totals
£    £    £    £    £   
COST
At 1 January 2023 82,553 3,270 107,973 11,652 205,448
Additions - - 25,950 594 26,544
Disposals - - - (9,562 ) (9,562 )
At 31 December 2023 82,553 3,270 133,923 2,684 222,430
DEPRECIATION
At 1 January 2023 57,408 3,250 55,285 11,485 127,428
Charge for year 6,286 5 19,660 364 26,315
Eliminated on disposal - - - (9,562 ) (9,562 )
At 31 December 2023 63,694 3,255 74,945 2,287 144,181
NET BOOK VALUE
At 31 December 2023 18,859 15 58,978 397 78,249
At 31 December 2022 25,145 20 52,688 167 78,020

Focus Food Services Limited (Registered number: 04831427)

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

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 46,498 31,687
VAT 3,601 1,739
50,099 33,426

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Bank loans and overdrafts 4,640 5,882
Trade creditors 89,363 82,639
Tax 16,689 8,226
Social security and other taxes (346 ) (3,318 )
Other creditors 5,786 4,225
Directors' current accounts 749 257
Accrued expenses 1,500 1,500
118,381 99,411

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.23 31.12.22
£    £   
Bank loans 25,458 30,827

9. ULTIMATE CONTROLLING PARTY

The controlling party is C Bagshaw.