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REGISTERED NUMBER: SC300786 (Scotland)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

The Really Delicious Food Company
Limited

The Really Delicious Food Company
Limited (Registered number: SC300786)






Contents of the Financial Statements
for the Year Ended 30 April 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


The Really Delicious Food Company
Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: Ms T Chisholm
J A Kinniburgh
M Scott





REGISTERED OFFICE: 21 Watt Street
Glasgow
G5 8RR





REGISTERED NUMBER: SC300786 (Scotland)





ACCOUNTANTS: Smith Inglis & Tait
1 Campbell Lane
Hamilton
ML3 6DB

The Really Delicious Food Company
Limited (Registered number: SC300786)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 168,422 171,503
168,422 171,503

CURRENT ASSETS
Stocks 10,200 10,850
Debtors 6 41,687 169,008
Prepayments and accrued income 6,488 2,737
Cash at bank and in hand 190,922 289,855
249,297 472,450
CREDITORS
Amounts falling due within one year 7 182,736 300,617
NET CURRENT ASSETS 66,561 171,833
TOTAL ASSETS LESS CURRENT
LIABILITIES

234,983

343,336

CREDITORS
Amounts falling due after more than
one year

8

35,678

51,276
NET ASSETS 199,305 292,060

The Really Delicious Food Company
Limited (Registered number: SC300786)

Balance Sheet - continued
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 133 133
Retained earnings 199,172 291,927
SHAREHOLDERS' FUNDS 199,305 292,060

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 2 August 2024 and were signed on its behalf by:





Ms T Chisholm - Director


The Really Delicious Food Company
Limited (Registered number: SC300786)

Notes to the Financial Statements
for the Year Ended 30 April 2024

1. STATUTORY INFORMATION

The Really Delicious Food Company Limited is a private company, limited by shares , registered in Scotland. 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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2013, is being amortised evenly over its estimated useful life of ten 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 the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 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 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.


The Really Delicious Food Company
Limited (Registered number: SC300786)

Notes to the Financial Statements - continued
for the Year Ended 30 April 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.

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 14 (2023 - 14 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 May 2023
and 30 April 2024 174,500
AMORTISATION
At 1 May 2023
and 30 April 2024 174,500
NET BOOK VALUE
At 30 April 2024 -
At 30 April 2023 -

The Really Delicious Food Company
Limited (Registered number: SC300786)

Notes to the Financial Statements - continued
for the Year Ended 30 April 2024

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 May 2023 278,720
Additions 48,703
At 30 April 2024 327,423
DEPRECIATION
At 1 May 2023 107,217
Charge for year 51,784
At 30 April 2024 159,001
NET BOOK VALUE
At 30 April 2024 168,422
At 30 April 2023 171,503

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Trade debtors 36,499 168,475
Other debtors 5,188 533
41,687 169,008

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 15,598 15,598
Trade creditors 43,487 35,029
Taxation and social security 68,928 169,462
Other creditors 54,723 80,528
182,736 300,617

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30.4.24 30.4.23
£    £   
Hire purchase contracts 35,678 51,276