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Company Registration No. 12335137 (England and Wales)
FOODELUX LTD. Unaudited accounts for the year ended 31 December 2023
FOODELUX LTD. Unaudited accounts Contents
Page
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FOODELUX LTD. Company Information for the year ended 31 December 2023
Director
Andrea Salati
Company Number
12335137 (England and Wales)
Registered Office
20 FITZROY SQUARE LONDON W1T 6EJ ENGLAND
Accountants
WellTax Limited 20 Fitzroy Square London W1T 6EJ
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FOODELUX LTD. Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
475 
950 
Tangible assets
10,400 
21,329 
10,875 
22,279 
Current assets
Inventories
- 
16,700 
Debtors
91,604 
320,396 
Cash at bank and in hand
59,107 
69,635 
150,711 
406,731 
Creditors: amounts falling due within one year
(1,729,237)
(1,859,722)
Net current liabilities
(1,578,526)
(1,452,991)
Net liabilities
(1,567,651)
(1,430,712)
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
(1,567,751)
(1,430,812)
Shareholders' funds
(1,567,651)
(1,430,712)
For the year ending 31 December 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 9 July 2024 and were signed on its behalf by
Andrea Salati Director Company Registration No. 12335137
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FOODELUX LTD. Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
FOODELUX LTD. is a private company, limited by shares, registered in England and Wales, registration number 12335137. The registered office is 20 FITZROY SQUARE, LONDON, W1T 6EJ, ENGLAND.
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.
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
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Going concern
As of June 2024, The company will be struck off due to the liquidation of its parent company. This situation has led to a reassessment of the company's ability to continue as a going concern. Up until December 2022, financial statements were prepared on a going concern basis, assuming the company would continue its operations normally. However, the parent company's liquidation has cut off essential financial and operational support, directly affecting Foodelux's viability. Significant estimates were made in the financial statements up to December 2023 and up to June 2024 due to the lack of support from the parent company. These estimates reflect the subsidiary's reduced liquidity and operational capacity. Given the inability to sustain operations independently, the decision was made to strike off Foodelux's. The company will be removed from the register in compliance with relevant laws and regulations. The financial accounts up to June 2024 will reflect the transition from a going concern basis to preparations for the company's strike-off. The parent company's liquidation necessitated this decision, as it rendered the subsidiary unable to continue its operations.
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FOODELUX LTD. Notes to the Accounts for the year ended 31 December 2023
4
Intangible fixed assets
Other 
£ 
Cost
At 1 January 2023
1,900 
At 31 December 2023
1,900 
Amortisation
At 1 January 2023
950 
Charge for the year
475 
At 31 December 2023
1,425 
Net book value
At 31 December 2023
475 
At 31 December 2022
950 
5
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
50,789 
Disposals
(3,856)
At 31 December 2023
46,933 
Depreciation
At 1 January 2023
29,460 
Charge for the year
9,436 
On disposals
(2,363)
At 31 December 2023
36,533 
Net book value
At 31 December 2023
10,400 
At 31 December 2022
21,329 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
3,176 
20,181 
Trade debtors
86,051 
230,081 
Accrued income and prepayments
- 
13,821 
Other debtors
2,377 
56,313 
91,604 
320,396 
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FOODELUX LTD. Notes to the Accounts for the year ended 31 December 2023
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
VAT
- 
196 
Trade creditors
1,725,856 
1,806,653 
Taxes and social security
- 
17,887 
Other creditors
3,381 
34,929 
Accruals
- 
57 
1,729,237 
1,859,722 
8
Average number of employees
During the year the average number of employees was 1 (2022: 10).
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