Company Registration No. 11038215 (England and Wales)
East Midlands Foods Ltd
Unaudited accounts
for the year ended 31 October 2023
East Midlands Foods Ltd
Unaudited accounts
Contents
East Midlands Foods Ltd
Company Information
for the year ended 31 October 2023
Director
Shwan Haji Hassan
Company Number
11038215 (England and Wales)
Registered Office
Units C4 & C5 Crossgate Drive
Queens Drive Industrial Estate
Nottingham
Nottinghamshire
NG2 1LW
England
Accountants
Bani Accountants Ltd T/A All Accountancy Services
Soho City, 263 - 265 Soho Road
Handsworth
Birmingham
West Midlands
B21 9RY
East Midlands Foods Ltd
Statement of financial position
as at 31 October 2023
Called up share capital not paid
-
(100)
Intangible assets
251,700
71,700
Tangible assets
263,360
208,360
Investments
100,000
100,000
Inventories
450,000
480,631
Cash at bank and in hand
75,053
4,121
Creditors: amounts falling due within one year
(328,000)
(45,500)
Net current assets
437,053
450,777
Total assets less current liabilities
1,052,113
830,737
Provisions for liabilities
Net assets
1,052,113
834,703
Revaluation reserve
(1,800)
(1,800)
Capital redemption reserve
(1,500)
(1,500)
Profit and loss account
1,055,413
838,003
Shareholders' funds
1,052,113
834,703
For the year ending 31 October 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 30 August 2024 and were signed on its behalf by
Shwan Haji Hassan
Director
Company Registration No. 11038215
East Midlands Foods Ltd
Notes to the Accounts
for the year ended 31 October 2023
East Midlands Foods Ltd is a private company, limited by shares, registered in England and Wales, registration number 11038215. The registered office is Units C4 & C5 Crossgate Drive, Queens Drive Industrial Estate, Nottingham, Nottinghamshire, NG2 1LW, 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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
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:
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Other
Total
At 1 November 2022
20,000
51,700
71,700
Revaluations
100,000
80,000
180,000
At 31 October 2023
120,000
131,700
251,700
At 31 October 2023
120,000
131,700
251,700
At 31 October 2022
20,000
51,700
71,700
East Midlands Foods Ltd
Notes to the Accounts
for the year ended 31 October 2023
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At valuation
At cost
At valuation
At 1 November 2022
17,760
143,000
35,200
12,400
208,360
Revaluations
-
50,000
-
5,000
55,000
At 31 October 2023
17,760
193,000
35,200
17,400
263,360
At 31 October 2023
-
-
-
-
-
At 31 October 2023
17,760
193,000
35,200
17,400
263,360
At 31 October 2022
17,760
143,000
35,200
12,400
208,360
6
Investments
Subsidiary undertakings
Other investments
Total
Valuation at 1 November 2022
80,000
20,000
100,000
Valuation at 31 October 2023
80,000
20,000
100,000
Raw materials
450,000
480,631
Amounts falling due within one year
Accrued income and prepayments
-
11,525
9
Creditors: amounts falling due within one year
2023
2022
10
Capital commitments
2023
2022
The director who's the only shareholder started his business from his finances previously earned by his other businesses sold for this business.
East Midlands Foods Ltd
Notes to the Accounts
for the year ended 31 October 2023
Director and who is the only shareholder invested his personal finances into the business and keeps reinvesting his finances into the business.
12
Average number of employees
During the year the average number of employees was 27 (2022: 27).