Company Registration No. 13870025 (England and Wales)
Armani Foods Limited
Unaudited accounts
for the year ended 31 January 2024
Armani Foods Limited
Unaudited accounts
Contents
Armani Foods Limited
Company Information
for the year ended 31 January 2024
Director
Inderbir Singh SAGGU
Company Number
13870025 (England and Wales)
Registered Office
29 Jennie Lee Avenue
Wolverhampton
West Midlands
WV11 3LZ
England
Armani Foods Limited
Statement of financial position
as at 31 January 2024
Intangible assets
18,000
18,000
Tangible assets
61,451
52,700
Cash at bank and in hand
9,796
13,871
Creditors: amounts falling due within one year
(85,976)
(91,643)
Net current liabilities
(69,781)
(71,761)
Net assets/(liabilities)
9,670
(1,061)
Called up share capital
100
100
Profit and loss account
9,570
(1,161)
Shareholders' funds
9,670
(1,061)
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 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 14 October 2024 and were signed on its behalf by
Inderbir Singh SAGGU
Director
Company Registration No. 13870025
Armani Foods Limited
Notes to the Accounts
for the year ended 31 January 2024
Armani Foods Limited is a private company, limited by shares, registered in England and Wales, registration number 13870025. The registered office is 29 Jennie Lee Avenue, Wolverhampton, West Midlands, WV11 3LZ, 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:
Plant & machinery
Depreciate by 15% reducing method
Goodwill amortize by 10% straight line method
4
Intangible fixed assets
Goodwill
Armani Foods Limited
Notes to the Accounts
for the year ended 31 January 2024
5
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At 1 February 2023
-
62,000
62,000
At 31 January 2024
19,595
62,000
81,595
At 1 February 2023
-
9,300
9,300
Charge for the year
2,939
7,905
10,844
At 31 January 2024
2,939
17,205
20,144
At 31 January 2024
16,656
44,795
61,451
At 31 January 2023
-
52,700
52,700
Amounts falling due within one year
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
16,136
11,674
Taxes and social security
2,264
425
Loans from directors
62,317
74,086
8
Average number of employees
During the year the average number of employees was 7 (2023: 5).