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REGISTERED NUMBER: 13734079 (England and Wales)















Financial Statements for the Period 1 August 2022 to 31 December 2023

for

Pathos Continental Foods Ltd

Pathos Continental Foods Ltd (Registered number: 13734079)






Contents of the Financial Statements
for the Period 1 August 2022 to 31 December 2023




Page

Balance Sheet 1

Notes to the Financial Statements 3


Pathos Continental Foods Ltd (Registered number: 13734079)

Balance Sheet
31 December 2023

31.12.23 31.7.22
Notes £ £
Fixed assets
Tangible assets 4 21,672 -

Current assets
Stocks 5 84,999 757,558
Debtors 6 723,514 480,215
Cash at bank 931,888 159,103
1,740,401 1,396,876
Creditors
Amounts falling due within one year 7 (1,023,491 ) (538,441 )
Net current assets 716,910 858,435
Total assets less current liabilities 738,582 858,435

Creditors
Amounts falling due after more than
one year

8

(515,078

)

(669,109

)
Net assets 223,504 189,326

Capital and reserves
Called up share capital 199,000 199,000
Retained earnings 10 24,504 (9,674 )
Shareholders' funds 223,504 189,326

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 December 2023 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her 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.

Pathos Continental Foods Ltd (Registered number: 13734079)

Balance Sheet - continued
31 December 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 4 September 2024 and were signed by:




Ms Tatiana Turpin-Miniotis - Director



Kyriakos Miniotis - Director


Pathos Continental Foods Ltd (Registered number: 13734079)

Notes to the Financial Statements
for the Period 1 August 2022 to 31 December 2023

1. Statutory information

Pathos Continental Foods Ltd is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number: 13734079

Registered office: Marshall House Suite 21/25
124 Middleton Road
Morden
SM4 6RW

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.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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 period 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.


Pathos Continental Foods Ltd (Registered number: 13734079)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 31 December 2023

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 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.

3. Employees and directors

The average number of employees during the period was 7 (2022 - 2 ) .

4. Tangible fixed assets
Fixtures
and Motor
fittings vehicles Totals
£ £ £
Cost
Additions 853 24,743 25,596
At 31 December 2023 853 24,743 25,596
Depreciation
Charge for period 213 3,711 3,924
At 31 December 2023 213 3,711 3,924
Net book value
At 31 December 2023 640 21,032 21,672

5. Stocks
31.12.23 31.7.22
£ £
Finished goods 84,999 757,558

6. Debtors: amounts falling due within one year
31.12.23 31.7.22
£ £
Trade debtors 716,891 469,091
VAT 6,623 11,124
723,514 480,215

Pathos Continental Foods Ltd (Registered number: 13734079)

Notes to the Financial Statements - continued
for the Period 1 August 2022 to 31 December 2023

7. Creditors: amounts falling due within one year
31.12.23 31.7.22
£ £
Trade creditors 314,550 533,827
Corporation tax 7,334 -
Social security and other taxes 4,149 8,104
Other creditors 697,458 -
Other creditors - (5,790 )
Accrued expenses - 2,300
1,023,491 538,441

8. Creditors: amounts falling due after more than one year
31.12.23 31.7.22
£ £
Bank loans (see note 9) 57,587 -
Trade creditors 457,491 669,109
515,078 669,109

9. Loans

An analysis of the maturity of loans is given below:

31.12.23 31.7.22
£ £
Amounts falling due between one and two years:
Money Corp/ Trade River 57,587 -

10. Reserves
Retained
earnings
£

At 1 August 2022 (9,674 )
Profit for the period 34,178
At 31 December 2023 24,504