Registered number
11794741
DT Foods Limited
Filleted Accounts
31 January 2024
DT Foods Limited
Registered number: 11794741
Balance Sheet
as at 31 January 2024
Notes 2024 2023
£ £
Fixed assets
Tangible assets 3 1,237 1,546
1,237 1,546
Current assets
Stocks 1,098 2,647
Cash at bank and in hand 53,307 55,545
54,405 58,192
Creditors: amounts falling due within one year 4 (5,147) (5,138)
Net current assets 49,258 53,054
Total assets less current liabilities 50,495 54,600
Creditors: amounts falling due after more than one year 5 (37,490) (42,367)
Net assets 13,005 12,233
Capital and reserves
Called up share capital 100 100
Profit and loss account 12,905 12,133
Shareholders' funds 13,005 12,233
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
Meena Parvaiz
Director
Approved by the board on 9 October 2024
DT Foods Limited
Notes to the Accounts
for the year ended 31 January 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Plant and machinery over 5 years
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 14 14
3 Tangible fixed assets
Land and buildings Plant and machinery etc Motor vehicles Total
£ £ £ £
Cost
At 1 February 2023 - 3,020 - 3,020
At 31 January 2024 - 3,020 - 3,020
Depreciation
At 1 February 2023 - 1,474 - 1,474
Charge for the year - 309 - 309
At 31 January 2024 - 1,783 - 1,783
Net book value
At 31 January 2024 - 1,237 - 1,237
At 31 January 2023 - 1,546 - 1,546
4 Creditors: amounts falling due within one year 2024 2023
£ £
Trade creditors 1,755 2,316
Taxation and social security costs 1,099 819
Other creditors 2,293 2,003
5,147 5,138
5 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 37,490 42,367
37,490 42,367
DT Foods Limited 11794741 false 2023-02-01 2024-01-31 2024-01-31 VT Final Accounts April 2024 Meena Parvaiz No description of principal activity 11794741 2022-02-01 2023-01-31 11794741 core:WithinOneYear 2023-01-31 11794741 core:AfterOneYear 2023-01-31 11794741 core:ShareCapital 2023-01-31 11794741 core:RetainedEarningsAccumulatedLosses 2023-01-31 11794741 2023-02-01 2024-01-31 11794741 bus:PrivateLimitedCompanyLtd 2023-02-01 2024-01-31 11794741 bus:AuditExempt-NoAccountantsReport 2023-02-01 2024-01-31 11794741 bus:Director40 2023-02-01 2024-01-31 11794741 2 2023-02-01 2024-01-31 11794741 core:LandBuildings 2023-02-01 2024-01-31 11794741 core:PlantMachinery 2023-02-01 2024-01-31 11794741 core:Vehicles 2023-02-01 2024-01-31 11794741 bus:FRS102 2023-02-01 2024-01-31 11794741 bus:FilletedAccounts 2023-02-01 2024-01-31 11794741 2024-01-31 11794741 core:WithinOneYear 2024-01-31 11794741 core:AfterOneYear 2024-01-31 11794741 core:ShareCapital 2024-01-31 11794741 core:RetainedEarningsAccumulatedLosses 2024-01-31 11794741 core:LandBuildings 2024-01-31 11794741 core:PlantMachinery 2024-01-31 11794741 core:Vehicles 2024-01-31 11794741 2023-01-31 11794741 core:LandBuildings 2023-01-31 11794741 core:PlantMachinery 2023-01-31 11794741 core:Vehicles 2023-01-31 iso4217:GBP xbrli:pure