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REGISTERED NUMBER: 13861243 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 April 2024

for

Abideth Food Ltd

Abideth Food Ltd (Registered number: 13861243)






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




Page

Company Information 1

Abridged Balance Sheet 2

Notes to the Financial Statements 4


Abideth Food Ltd

Company Information
for the Year Ended 30 April 2024







DIRECTOR: Mr C Y Sze



REGISTERED OFFICE: 39 Skylark Drive
Ruddington
Nottingham
Nottinghamshire
NG11 6RR



REGISTERED NUMBER: 13861243 (England and Wales)



ACCOUNTANTS: 360 Accountants Limited
18-19 Albion Street
Hull
East Yorkshire
HU1 3TG



BANKERS: Virgin Money
Symington House
7 North Avenue
Clydebank Business Park
Clydebank
G81 2NT

Abideth Food Ltd (Registered number: 13861243)

Abridged Balance Sheet
30 April 2024

30/4/24 30/4/23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 1,961 258

CURRENT ASSETS
Debtors 39 150
Cash at bank and in hand 19,260 29
19,299 179
CREDITORS
Amounts falling due within one year 42,987 63,899
NET CURRENT LIABILITIES (23,688 ) (63,720 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(21,727

)

(63,462

)

CAPITAL AND RESERVES
Called up share capital 6 100 100
Retained earnings (21,827 ) (63,562 )
SHAREHOLDERS' FUNDS (21,727 ) (63,462 )

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 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.

Abideth Food Ltd (Registered number: 13861243)

Abridged Balance Sheet - continued
30 April 2024


The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 30 April 2024 in accordance with Section 444(2A) of the Companies Act 2006.

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 30 August 2024 and were signed by:





Mr C Y Sze - Director


Abideth Food Ltd (Registered number: 13861243)

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

1. STATUTORY INFORMATION

Abideth Food Ltd 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. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
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 has been fully amortised in the current year.

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.
Computer equipment - 33% on cost

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.

Abideth Food Ltd (Registered number: 13861243)

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

3. 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.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 6 ) .

5. TANGIBLE FIXED ASSETS
Totals
£   
COST
At 1 May 2023 489
Additions 1,976
At 30 April 2024 2,465
DEPRECIATION
At 1 May 2023 231
Charge for year 273
At 30 April 2024 504
NET BOOK VALUE
At 30 April 2024 1,961
At 30 April 2023 258

6. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 30/4/24 30/4/23
value: £    £   
100 Ordinary £1 100 100

7. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr C Y Sze.