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REGISTERED NUMBER: SC580998 (Scotland)















Unaudited Financial Statements

for the Period 1 July 2022 to 30 November 2023

for

Berlin Food Company (Edinburgh) Ltd

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)






Contents of the Financial Statements
for the Period 1 July 2022 to 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4

Chartered Accountants' Report 8

Berlin Food Company (Edinburgh) Ltd

Company Information
for the Period 1 July 2022 to 30 November 2023







DIRECTOR: C Mcwhinnie





REGISTERED OFFICE: 20 Bothwell Road
Hamilton
South Lanarkshire
ML3 0AY





REGISTERED NUMBER: SC580998 (Scotland)





ACCOUNTANTS: Key Professional Partnership Ltd
Unit 3
Morris Park
37 Rosyth Road
Glasgow
G5 0YE

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Balance Sheet
30 November 2023

30.11.23 30.6.22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 135,920 150,467
Tangible assets 5 848,378 924,886
984,298 1,075,353

CURRENT ASSETS
Stocks 30,000 19,233
Debtors 6 230,940 123,822
Cash at bank and in hand 10,116 82,506
271,056 225,561
CREDITORS
Amounts falling due within one year 7 927,439 529,901
NET CURRENT LIABILITIES (656,383 ) (304,340 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

327,915

771,013

CREDITORS
Amounts falling due after more than one
year

8

551,689

757,608
NET (LIABILITIES)/ASSETS (223,774 ) 13,405

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings (223,780 ) 13,399
(223,774 ) 13,405

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 November 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.

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Balance Sheet - continued
30 November 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 director and authorised for issue on 15 April 2024 and were signed by:





C Mcwhinnie - Director


Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Notes to the Financial Statements
for the Period 1 July 2022 to 30 November 2023

1. STATUTORY INFORMATION

Berlin Food Company (Edinburgh) Ltd 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.

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.

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 2020, 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 each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance, 20% on cost and 10% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

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
Basic financial instruments are recognised as follows:

(i) Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method less any impairment.

(ii) Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.

Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the balance sheet.

(iii) Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 30 November 2023

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the period comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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 period 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.

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 period was 100 (2022 - 90 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 July 2022
and 30 November 2023 150,467
AMORTISATION
Charge for period 14,547
At 30 November 2023 14,547
NET BOOK VALUE
At 30 November 2023 135,920
At 30 June 2022 150,467

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2022 1,166,608
Additions 74,954
At 30 November 2023 1,241,562
DEPRECIATION
At 1 July 2022 241,722
Charge for period 151,462
At 30 November 2023 393,184
NET BOOK VALUE
At 30 November 2023 848,378
At 30 June 2022 924,886

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.6.22
£    £   
Trade debtors 3,766 -
Other debtors 227,174 123,822
230,940 123,822

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.23 30.6.22
£    £   
Bank loans and overdrafts 155,137 28,000
Hire purchase contracts - 5,816
Trade creditors 121,629 1,036
Taxation and social security 621,340 344,466
Other creditors 29,333 150,583
927,439 529,901

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.23 30.6.22
£    £   
Bank loans 95,584 172,355
Other creditors 456,105 585,253
551,689 757,608

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Notes to the Financial Statements - continued
for the Period 1 July 2022 to 30 November 2023

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the period ended 30 November 2023 and the year ended 30 June 2022:

30.11.23 30.6.22
£    £   
C Mcwhinnie
Balance outstanding at start of period (41,000 ) -
Amounts advanced 58,307 -
Amounts repaid - (41,000 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 17,307 (41,000 )

Chartered Accountants' Report to the Director
on the Unaudited Financial Statements of
Berlin Food Company (Edinburgh) Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Berlin Food Company (Edinburgh) Ltd for the period ended 30 November 2023 which comprise the Income Statement, Other Comprehensive Income, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at http://www.icas.com/accountspreparationguidance.

This report is made solely to the director of Berlin Food Company (Edinburgh) Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Berlin Food Company (Edinburgh) Ltd and state those matters that we have agreed to state to the director of Berlin Food Company (Edinburgh) Ltd in this report in accordance with the requirements of ICAS as detailed at http://www.icas.com/accountspreparationguidance. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Berlin Food Company (Edinburgh) Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Berlin Food Company (Edinburgh) Ltd. You consider that Berlin Food Company (Edinburgh) Ltd is exempt from the statutory audit requirement for the period.

We have not been instructed to carry out an audit or a review of the financial statements of Berlin Food Company (Edinburgh) Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Key Professional Partnership Ltd
Unit 3
Morris Park
37 Rosyth Road
Glasgow
G5 0YE


Date: .............................................