2 01/01/2023 31/12/2023 2023-12-31 false false false false false false false true false false true false false false false false false false 2023-01-01 Sage Accounts Production 23.0 - FRS102_2023 xbrli:pure xbrli:shares iso4217:GBP 08353734 2023-01-01 2023-12-31 08353734 2023-12-31 08353734 2022-12-31 08353734 2022-01-01 2022-12-31 08353734 2022-12-31 08353734 2021-12-31 08353734 bus:RegisteredOffice 2023-01-01 2023-12-31 08353734 bus:LeadAgentIfApplicable 2023-01-01 2023-12-31 08353734 bus:Director1 2023-01-01 2023-12-31 08353734 bus:Director2 2023-01-01 2023-12-31 08353734 core:WithinOneYear 2023-12-31 08353734 core:WithinOneYear 2022-12-31 08353734 core:ShareCapital 2023-12-31 08353734 core:ShareCapital 2022-12-31 08353734 core:RetainedEarningsAccumulatedLosses 2023-12-31 08353734 core:RetainedEarningsAccumulatedLosses 2022-12-31 08353734 bus:SmallEntities 2023-01-01 2023-12-31 08353734 bus:AuditExemptWithAccountantsReport 2023-01-01 2023-12-31 08353734 bus:SmallCompaniesRegimeForAccounts 2023-01-01 2023-12-31 08353734 bus:PrivateLimitedCompanyLtd 2023-01-01 2023-12-31 08353734 bus:FullAccounts 2023-01-01 2023-12-31 08353734 core:AllAssociates 2023-01-01 2023-12-31
Company registration number: 08353734
Britannia Food & Beverage Limited
Unaudited filleted financial statements
31 December 2023
THE BARKER PARTNERSHIP
Chartered Accountants
Thirsk
Britannia Food & Beverage Limited
Contents
Directors and other information
Accountants report
Balance sheet
Notes to the financial statements
Britannia Food & Beverage Limited
Directors and other information
Directors A Sheibani
A Sheibani
Company number 08353734
Registered office Unit 1 Prospect Park
Grangefield Road
Pudsey
Leeds
LS28 6LF
Accountants The Barker Partnership
17 Central Buildings
Market Place
Thirsk
North Yorkshire
YO7 1HD
Britannia Food & Beverage Limited
Chartered accountants report to the board of directors on the preparation of the
unaudited statutory financial statements of Britannia Food & Beverage Limited
Year ended 31 December 2023
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Britannia Food & Beverage Limited for the year ended 31 December 2023 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.
This report is made solely to the board of directors of Britannia Food & Beverage Limited, as a body, in accordance with the terms of our engagement letter dated 13 June 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Britannia Food & Beverage Limited and state those matters that we have agreed to state to the board of directors of Britannia Food & Beverage Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Britannia Food & Beverage Limited and its board of directors as a body for our work or for this report.
It is your duty to ensure that Britannia Food & Beverage Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Britannia Food & Beverage Limited. You consider that Britannia Food & Beverage Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of Britannia Food & Beverage Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
The Barker Partnership
Chartered Accountants
17 Central Buildings
Market Place
Thirsk
North Yorkshire
YO7 1HD
10 September 2024
Britannia Food & Beverage Limited
Balance sheet
31 December 2023
2023 2022
Note £ £ £ £
Current assets
Debtors 5 165 -
Cash at bank and in hand 627 140,133
_______ _______
792 140,133
Creditors: amounts falling due
within one year 6 ( 7,146) ( 139,324)
_______ _______
Net current (liabilities)/assets ( 6,354) 809
_______ _______
Total assets less current liabilities ( 6,354) 809
_______ _______
Net (liabilities)/assets ( 6,354) 809
_______ _______
Capital and reserves
Called up share capital 100 100
Profit and loss account ( 6,454) 709
_______ _______
Shareholders (deficit)/funds ( 6,354) 809
_______ _______
For the year ending 31 December 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the Profit and loss account has not been delivered.
These financial statements were approved by the board of directors and authorised for issue on 10 September 2024 , and are signed on behalf of the board by:
A Sheibani
Director
Company registration number: 08353734
Britannia Food & Beverage Limited
Notes to the financial statements
Year ended 31 December 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Unit 1 Prospect Park, Grangefield Road, Pudsey, Leeds, LS28 6LF. The principal activity of the company is that of the supply of vending machine products.
2. Statement of compliance
These financial statements have been prepared in compliance with the provisions of FRS 102, Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts are prepared on the going concern basis, the validity of which depends on the continued support of the directors and associated companies.
Turnover
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Financial instruments
A financial asset or a financial liability is recognised only when the company becomes a party to the contractual provisions of the instrument.Basic financial instruments are initially recognised at the transaction price, unless the arrangementconstitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2022: 2 ).
5. Debtors
2023 2022
£ £
Other debtors 165 -
_______ _______
6. Creditors: amounts falling due within one year
2023 2022
£ £
Corporation tax - 96
Other creditors 7,146 139,228
_______ _______
7,146 139,324
_______ _______
7. Related party transactions
Included in the balance sheet at the year end date are amounts totalling £7,146 (2022: £139,228) due to companies associated with Mr Sheibani.