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REGISTERED NUMBER: 05578195 (England and Wales)














UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST DECEMBER 2023

FOR

HASTY TASTY FOODS LTD

HASTY TASTY FOODS LTD (REGISTERED NUMBER: 05578195)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


HASTY TASTY FOODS LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST DECEMBER 2023







DIRECTORS: R Nehushtan
Mrs L Nehushtan





REGISTERED OFFICE: 33-35 Daws Lane
Mill Hill
London
NW7 4SD





REGISTERED NUMBER: 05578195 (England and Wales)






HASTY TASTY FOODS LTD (REGISTERED NUMBER: 05578195)

BALANCE SHEET
31ST DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 134,049 45,070

CURRENT ASSETS
Stocks 151,099 127,769
Debtors 5 92,105 86,568
Investments 6 987,304 600,385
Cash at bank and in hand 777,426 1,709,340
2,007,934 2,524,062
CREDITORS
Amounts falling due within one year 7 357,775 371,158
NET CURRENT ASSETS 1,650,159 2,152,904
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,784,208

2,197,974

CAPITAL AND RESERVES
Called up share capital 5,000 5,000
Retained earnings 1,779,208 2,192,974
SHAREHOLDERS' FUNDS 1,784,208 2,197,974

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st December 2023 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.

HASTY TASTY FOODS LTD (REGISTERED NUMBER: 05578195)

BALANCE SHEET - continued
31ST 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11th September 2024 and were signed on its behalf by:





R Nehushtan - Director


HASTY TASTY FOODS LTD (REGISTERED NUMBER: 05578195)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31ST DECEMBER 2023

1. STATUTORY INFORMATION

Hasty Tasty Foods 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. 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.
Land and buildings - Over period of the lease
Plant and machinery etc - 20% on cost, 1/3 on cost and Over period of the lease

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 Statement of Income and Retained Earnings, 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.

HASTY TASTY FOODS LTD (REGISTERED NUMBER: 05578195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

2. 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.

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 38 (2022 - 32 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1st January 2023 567,082 368,215 935,297
Additions - 102,399 102,399
Disposals - (25,607 ) (25,607 )
At 31st December 2023 567,082 445,007 1,012,089
DEPRECIATION
At 1st January 2023 564,951 325,276 890,227
Charge for year - 13,420 13,420
Eliminated on disposal - (25,607 ) (25,607 )
At 31st December 2023 564,951 313,089 878,040
NET BOOK VALUE
At 31st December 2023 2,131 131,918 134,049
At 31st December 2022 2,131 42,939 45,070

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Other debtors 92,105 86,568

6. CURRENT ASSET INVESTMENTS
31.12.23 31.12.22
£    £   
Listed investments 987,304 600,385

HASTY TASTY FOODS LTD (REGISTERED NUMBER: 05578195)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST DECEMBER 2023

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 98,501 102,707
Taxation and social security 238,008 245,389
Other creditors 21,266 23,062
357,775 371,158

8. LEASING AGREEMENTS
At 31 December 2023 the company had total commitments under non-cancellable operating leases over the remaining life of those leases of £504,917 (2022 £729,342)