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Company Registration No. 12277869 (England and Wales)
TAROS FOODS LTD Unaudited accounts for the year ended 31 October 2023
TAROS FOODS LTD Unaudited accounts Contents
Page
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TAROS FOODS LTD Company Information for the year ended 31 October 2023
Director
Appukutti Arachchige Don Pramakumara
Company Number
12277869 (England and Wales)
Registered Office
261 MAIN STREET BULWELL NOTTINGHAM NG6 8EZ UNITED KINGDOM
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TAROS FOODS LTD Statement of financial position as at 31 October 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
2,400 
2,800 
Tangible assets
14,909 
18,637 
17,309 
21,437 
Current assets
Inventories
1,105 
3,570 
Debtors
446 
376 
Cash at bank and in hand
13,673 
4,792 
15,224 
8,738 
Creditors: amounts falling due within one year
(7,098)
(7,025)
Net current assets
8,126 
1,713 
Total assets less current liabilities
25,435 
23,150 
Creditors: amounts falling due after more than one year
(24,421)
(24,421)
Net assets/(liabilities)
1,014 
(1,271)
Capital and reserves
Called up share capital
1 
1 
Profit and loss account
1,013 
(1,272)
Shareholders' funds
1,014 
(1,271)
For the year ending 31 October 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and authorised for issue on 19 June 2024 and were signed on its behalf by
Appukutti Arachchige Don Pramakumara Director Company Registration No. 12277869
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TAROS FOODS LTD Notes to the Accounts for the year ended 31 October 2023
1
Statutory information
TAROS FOODS LTD is a private company, limited by shares, registered in England and Wales, registration number 12277869. The registered office is 261 MAIN STREET, BULWELL, NOTTINGHAM, NG6 8EZ, UNITED KINGDOM.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation over the period of 10 years
Tangible fixed assets and depreciation
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
Plant & machinery - 20% on reducing balance method
Motor vehicles
Motor Vehicle -20% on reducing balance method
Fixtures & fittings
Furniture - 20% on reducing balance method
Computer equipment
Equipment - 20% on reducing balance method
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TAROS FOODS LTD Notes to the Accounts for the year ended 31 October 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 November 2022
4,000 
At 31 October 2023
4,000 
Amortisation
At 1 November 2022
1,200 
Charge for the year
400 
At 31 October 2023
1,600 
Net book value
At 31 October 2023
2,400 
At 31 October 2022
2,800 
5
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 November 2022
34,230 
1,500 
35,730 
At 31 October 2023
34,230 
1,500 
35,730 
Depreciation
At 1 November 2022
16,361 
732 
17,093 
Charge for the year
3,574 
154 
3,728 
At 31 October 2023
19,935 
886 
20,821 
Net book value
At 31 October 2023
14,295 
614 
14,909 
At 31 October 2022
17,869 
768 
18,637 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Trade debtors
376 
- 
Other debtors
70 
- 
446 
- 
Amounts falling due after more than one year
Other debtors
- 
376 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
1,913 
4,047 
Taxes and social security
- 
2,478 
Other creditors
5,185 
500 
7,098 
7,025 
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TAROS FOODS LTD Notes to the Accounts for the year ended 31 October 2023
8
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
24,421 
24,421 
9
Average number of employees
During the year the average number of employees was 1 (2022: 1).
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