Company Registration No. 14816345 (England and Wales)
FP Foods (Batley) Ltd
Unaudited accounts
for the period from 20 April 2023 to 30 April 2024
FP Foods (Batley) Ltd
Unaudited accounts
Contents
FP Foods (Batley) Ltd
Company Information
for the period from 20 April 2023 to 30 April 2024
Company Number
14816345 (England and Wales)
Registered Office
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
Accountants
CGI Accountants Ltd
Branch House
31-33 Branch Road
Batley
West Yorkshire
WF17 5SB
FP Foods (Batley) Ltd
Statement of financial position
as at 30 April 2024
Cash at bank and in hand
44,514
Creditors: amounts falling due within one year
(44,648)
Total assets less current liabilities
33,481
Creditors: amounts falling due after more than one year
(15,000)
Called up share capital
100
Profit and loss account
18,381
Shareholders' funds
18,481
For the period ending 30 April 2024 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 her 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 25 September 2024 and were signed on its behalf by
Ms F Patel
Director
Company Registration No. 14816345
FP Foods (Batley) Ltd
Notes to the Accounts
for the period from 20 April 2023 to 30 April 2024
FP Foods (Batley) Ltd is a private company, limited by shares, registered in England and Wales, registration number 14816345. The registered office is Branch House, 31-33 Branch Road, Batley, West Yorkshire, WF17 5SB.
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 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.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
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:
Plant & machinery
20% on reducing balance
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
FP Foods (Batley) Ltd
Notes to the Accounts
for the period from 20 April 2023 to 30 April 2024
4
Tangible fixed assets
Plant & machinery
Charge for the period
3,513
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
Taxes and social security
38,717
7
Creditors: amounts falling due after more than one year
2024
Loans from directors
3,000
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
Directors Loan
-
3,000
-
3,000
The director entered into the above transactions with the company.
The outstanding loan is unsecured, interest free and can be repayable on demand
FP Foods (Batley) Ltd
Notes to the Accounts
for the period from 20 April 2023 to 30 April 2024
9
Transactions with related parties
Included within creditors amounts falling due after one year is an intercompany loan of £12000.
The companies are related by way of common ownership.
The controlling party was the Director by virtue of share ownership
11
Average number of employees
During the period the average number of employees was 28.