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REGISTERED NUMBER: 06807708 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

UNITED FOODS DIRECT LIMITED

UNITED FOODS DIRECT LIMITED (REGISTERED NUMBER: 06807708)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


UNITED FOODS DIRECT LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTORS: R K Todd
Mrs L Deller





REGISTERED OFFICE: 7a Clifton Road
St. Peters Industrial Estate
Huntingdon
Cambridgeshire
PE29 7EJ





REGISTERED NUMBER: 06807708 (England and Wales)





ACCOUNTANTS: Sargeant Partnership LLP
Chartered Accountants
5 White Oak Square
London Road
Swanley
Kent
BR8 7AG

UNITED FOODS DIRECT LIMITED (REGISTERED NUMBER: 06807708)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 81,321 81,298

CURRENT ASSETS
Stocks 67,486 57,244
Debtors 5 117,197 94,888
Cash in hand 760 1,414
185,443 153,546
CREDITORS
Amounts falling due within one year 6 155,980 153,027
NET CURRENT ASSETS 29,463 519
TOTAL ASSETS LESS CURRENT
LIABILITIES

110,784

81,817

PROVISIONS FOR LIABILITIES 597 100
NET ASSETS 110,187 81,717

CAPITAL AND RESERVES
Called up share capital 8 81,001 81,001
Revaluation reserve 9 6,834 6,834
Retained earnings 9 22,352 (6,118 )
SHAREHOLDERS' FUNDS 110,187 81,717

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

UNITED FOODS DIRECT LIMITED (REGISTERED NUMBER: 06807708)

BALANCE SHEET - continued
31 MARCH 2024


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 Board of Directors and authorised for issue on 9 August 2024 and were signed on its behalf by:





R K Todd - Director


UNITED FOODS DIRECT LIMITED (REGISTERED NUMBER: 06807708)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

United Foods Direct Limited 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. 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.
Plant and machinery - 25% per annum on reducing balance
Motor vehicles - 25% per annum on reducing balance

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 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.

UNITED FOODS DIRECT LIMITED (REGISTERED NUMBER: 06807708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

2. ACCOUNTING POLICIES - continued

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 year was 2 (2023 - 2 ) .

4. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 April 2023 70,000 28,133 34,912 133,045
Additions - 2,971 - 2,971
At 31 March 2024 70,000 31,104 34,912 136,016
DEPRECIATION
At 1 April 2023 - 20,539 31,208 51,747
Charge for year - 2,022 926 2,948
At 31 March 2024 - 22,561 32,134 54,695
NET BOOK VALUE
At 31 March 2024 70,000 8,543 2,778 81,321
At 31 March 2023 70,000 7,594 3,704 81,298

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 116,910 94,780
Other debtors 287 108
117,197 94,888

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 13,022 22,146
Trade creditors 130,797 121,470
Taxation and social security 7,142 5,294
Other creditors 5,019 4,117
155,980 153,027

UNITED FOODS DIRECT LIMITED (REGISTERED NUMBER: 06807708)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. SECURED DEBTS

There is a fixed and floating charge over the undertaking and all property and assets present and future, including goodwill, uncalled capital, buildings, fixtures, fixed plant & machinery.

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
81,001 Ordinary £1 81,001 81,001

9. RESERVES
Retained Revaluation
earnings reserve Totals
£    £    £   

At 1 April 2023 (6,118 ) 6,834 716
Profit for the year 28,470 28,470
At 31 March 2024 22,352 6,834 29,186

10. RELATED PARTY DISCLOSURES

At the year end United Foods Direct Limited owed Todd Meat Trading Company Limited £58,922 (2023: £74,543)

During the year the company made purchases totalling £233,250 from Todd Meat Trading Company Limited.

11. ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Todd Meat Trading Company Limited.