Company Registration No. 12075296 (England and Wales)
Pacha Superfoods Ltd
Unaudited accounts
for the year ended 30 June 2024
Pacha Superfoods Ltd
Unaudited accounts
Contents
Pacha Superfoods Ltd
Company Information
for the year ended 30 June 2024
Director
C E Navarro Mendoza
Company Number
12075296 (England and Wales)
Registered Office
81 King Street
Manchester
M2 4AH
Accountants
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
Pacha Superfoods Ltd
Accountants' report
Accountants' report to the director of Pacha Superfoods Ltd on the preparation of the unaudited statutory accounts for the year ended 30 June 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Pacha Superfoods Ltd for the year ended
30 June 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Pacha Superfoods Ltd, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Pacha Superfoods Ltd and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Pacha Superfoods Ltd and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Pacha Superfoods Ltd has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Pacha Superfoods Ltd. You consider that Pacha Superfoods Ltd 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 accounts of Pacha Superfoods Ltd. 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 accounts.
Accounts and Legal Consultants Ltd
Suite 1-3
The Hop Exchange
24 Southwark Street
London
SE1 1TY
27 September 2024
Pacha Superfoods Ltd
Statement of financial position
as at 30 June 2024
Inventories
153,834
62,052
Cash at bank and in hand
137,672
92,381
Creditors: amounts falling due within one year
(209,882)
(71,523)
Net current assets
158,767
204,699
Total assets less current liabilities
159,178
205,275
Creditors: amounts falling due after more than one year
(116,374)
(183,044)
Called up share capital
1
1
Profit and loss account
42,803
22,230
Shareholders' funds
42,804
22,231
For the year ending 30 June 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 27 September 2024 and were signed on its behalf by
C E Navarro Mendoza
Director
Company Registration No. 12075296
Pacha Superfoods Ltd
Notes to the Accounts
for the year ended 30 June 2024
Pacha Superfoods Ltd is a private company, limited by shares, registered in England and Wales, registration number 12075296. The registered office is 81 King Street, Manchester, M2 4AH.
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.
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. 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.
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.
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:
Computer equipment
Straight line basis over 2 years
Pacha Superfoods Ltd
Notes to the Accounts
for the year ended 30 June 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 30 June 2024
317
958
1,275
Charge for the year
24
458
482
At 30 June 2024
24
840
864
At 30 June 2024
293
118
411
Amounts falling due within one year
Trade debtors
75,605
81,919
Accrued income and prepayments
1,538
-
6
Creditors: amounts falling due within one year
2024
2023
Taxes and social security
17,220
7,872
Loans from directors
77,102
63,651
7
Creditors: amounts falling due after more than one year
2024
2023
Loans from directors
116,374
183,044
8
Average number of employees
During the year the average number of employees was 1 (2023: 1).