Company Registration No. 13151632 (England and Wales)
GI FOODS LTD
Unaudited accounts
for the year ended 31 January 2024
GI FOODS LTD
Unaudited accounts
Contents
GI FOODS LTD
Company Information
for the year ended 31 January 2024
Director
Desislava Mircheva Chaneva
Company Number
13151632 (England and Wales)
Registered Office
UNIT 3 CECIL HOUSE
41 HIGHTOWN
CREWE
CW1 3BZ
ENGLAND
Accountants
DoKument Ltd
Corbet Arms
High Street
Market Drayton
Shropshire
TF9 1PY
GI FOODS LTD
Statement of financial position
as at 31 January 2024
Intangible assets
25,000
25,000
Tangible assets
20,156
23,713
Cash at bank and in hand
1,073
2,046
Creditors: amounts falling due within one year
(61,993)
(39,110)
Net current liabilities
(32,070)
(19,197)
Total assets less current liabilities
13,086
29,516
Creditors: amounts falling due after more than one year
(6,000)
(17,000)
Called up share capital
2
2
Profit and loss account
7,084
12,514
Shareholders' funds
7,086
12,516
For the year ending 31 January 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 6 September 2024 and were signed on its behalf by
Desislava Mircheva Chaneva
Director
Company Registration No. 13151632
GI FOODS LTD
Notes to the Accounts
for the year ended 31 January 2024
GI FOODS LTD is a private company, limited by shares, registered in England and Wales, registration number 13151632. The registered office is UNIT 3 CECIL HOUSE, 41 HIGHTOWN, CREWE, CW1 3BZ, 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.
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.
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:
Plant & machinery
15% Reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
GI FOODS LTD
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Plant & machinery
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
1,114
1,846
Other creditors
10,471
216
Loans from directors
46,272
36,653
7
Creditors: amounts falling due after more than one year
2024
2023
Other creditors
6,000
17,000
Allotted, called up and fully paid:
2 Ordinary shares of £1 each
2
2
9
Average number of employees
During the year the average number of employees was 6 (2023: 4).