1 December 2022 false Taxfiler 2024.5 11076994business:PrivateLimitedCompanyLtd2022-12-012023-11-30 110769942022-11-30 110769942022-12-012023-11-30 11076994business:AuditExemptWithAccountantsReport2022-12-012023-11-30 11076994business:FilletedAccounts2022-12-012023-11-30 110769942023-11-30 11076994business:Director12022-12-012023-11-30 11076994business:RegisteredOffice2022-12-012023-11-30 110769942022-11-30 11076994core:WithinOneYear2023-11-30 11076994core:WithinOneYear2022-11-30 11076994core:AfterOneYear2023-11-30 11076994core:AfterOneYear2022-11-30 11076994core:ShareCapitalcore:PreviouslyStatedAmount2023-11-30 11076994core:ShareCapitalcore:PreviouslyStatedAmount2022-11-30 11076994core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-11-30 11076994core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-11-30 11076994core:PreviouslyStatedAmount2023-11-30 11076994core:PreviouslyStatedAmount2022-11-30 11076994business:SmallEntities2022-12-012023-11-30 11076994countries:EnglandWales2022-12-012023-11-30 11076994core:PlantMachinery2022-12-012023-11-30 11076994core:FurnitureFittings2022-12-012023-11-30 11076994core:PlantMachinery2022-11-30 11076994core:FurnitureFittings2022-11-30 11076994core:PlantMachinery2023-11-30 11076994core:FurnitureFittings2023-11-30 110769942021-12-012022-11-30 iso4217:GBP xbrli:pure
Company Registration No. 11076994 (England and Wales)
FRIENDS FOOD RETAIL LIMITED Unaudited accounts for the year ended 30 November 2023
FRIENDS FOOD RETAIL LIMITED Unaudited accounts Contents
Page
- 2 -
FRIENDS FOOD RETAIL LIMITED Company Information for the year ended 30 November 2023
Director
Ratheeban Navaratnam
Company Number
11076994 (England and Wales)
Registered Office
209 The Heights Northolt UB5 4BX ENGLAND
Accountants
IRTS Business Solutions Limited 209 The Heights Northolt Middlesex UB5 4BX
- 3 -
FRIENDS FOOD RETAIL LIMITED Statement of financial position as at 30 November 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
19,105 
23,882 
Current assets
Inventories
95,325 
92,410 
Debtors
5,100 
5,100 
Cash at bank and in hand
142,066 
70,713 
242,491 
168,223 
Creditors: amounts falling due within one year
(191,042)
(93,847)
Net current assets
51,449 
74,376 
Total assets less current liabilities
70,554 
98,258 
Creditors: amounts falling due after more than one year
(64,978)
(86,183)
Net assets
5,576 
12,075 
Capital and reserves
Called up share capital
1,000 
1,000 
Profit and loss account
4,576 
11,075 
Shareholders' funds
5,576 
12,075 
For the year ending 30 November 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 22 August 2024 and were signed on its behalf by
Ratheeban Navaratnam Director Company Registration No. 11076994
- 4 -
FRIENDS FOOD RETAIL LIMITED Notes to the Accounts for the year ended 30 November 2023
1
Statutory information
FRIENDS FOOD RETAIL LIMITED is a private company, limited by shares, registered in England and Wales, registration number 11076994. The registered office is 209 The Heights, Northolt, UB5 4BX, 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%
Fixtures & fittings
10%
4
Tangible fixed assets
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 December 2022
6,028 
44,225 
50,253 
At 30 November 2023
6,028 
44,225 
50,253 
Depreciation
At 1 December 2022
2,780 
23,591 
26,371 
Charge for the year
650 
4,127 
4,777 
At 30 November 2023
3,430 
27,718 
31,148 
Net book value
At 30 November 2023
2,598 
16,507 
19,105 
At 30 November 2022
3,248 
20,634 
23,882 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
5,100 
5,100 
- 5 -
FRIENDS FOOD RETAIL LIMITED Notes to the Accounts for the year ended 30 November 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Trade creditors
41,919 
30,665 
Taxes and social security
24,310 
17,087 
Loans from directors
123,953 
45,235 
Accruals
860 
860 
191,042 
93,847 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
64,978 
86,183 
8
Average number of employees
During the year the average number of employees was 4 (2022: 2).
- 6 -