2023-02-012024-01-312024-01-31falseSC720982ASIAN FLAVOURS EDINBURGH LTD2024-10-1456103iso4217:GBPxbrli:pureSC7209822023-02-01SC7209822024-01-31SC7209822023-02-012024-01-31SC7209822022-01-25SC7209822023-01-31SC7209822022-01-252023-01-31SC720982bus:SmallEntities2023-02-012024-01-31SC720982bus:AuditExempt-NoAccountantsReport2023-02-012024-01-31SC720982bus:FullAccounts2023-02-012024-01-31SC720982bus:PrivateLimitedCompanyLtd2023-02-012024-01-31SC720982core:WithinOneYear2024-01-31SC720982core:AfterOneYear2024-01-31SC720982core:WithinOneYear2023-01-31SC720982core:AfterOneYear2023-01-31SC720982core:ShareCapital2024-01-31SC720982core:SharePremium2024-01-31SC720982core:RevaluationReserve2024-01-31SC720982core:OtherReservesSubtotal2024-01-31SC720982core:RetainedEarningsAccumulatedLosses2024-01-31SC720982core:ShareCapital2023-01-31SC720982core:SharePremium2023-01-31SC720982core:RevaluationReserve2023-01-31SC720982core:OtherReservesSubtotal2023-01-31SC720982core:RetainedEarningsAccumulatedLosses2023-01-31SC720982core:LandBuildings2024-01-31SC720982core:PlantMachinery2024-01-31SC720982core:Vehicles2024-01-31SC720982core:FurnitureFittings2024-01-31SC720982core:OfficeEquipment2024-01-31SC720982core:NetGoodwill2024-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2024-01-31SC720982core:ListedExchangeTraded2024-01-31SC720982core:UnlistedNon-exchangeTraded2024-01-31SC720982core:LandBuildings2023-01-31SC720982core:PlantMachinery2023-01-31SC720982core:Vehicles2023-01-31SC720982core:FurnitureFittings2023-01-31SC720982core:OfficeEquipment2023-01-31SC720982core:NetGoodwill2023-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2023-01-31SC720982core:ListedExchangeTraded2023-01-31SC720982core:UnlistedNon-exchangeTraded2023-01-31SC720982core:LandBuildings2023-02-012024-01-31SC720982core:PlantMachinery2023-02-012024-01-31SC720982core:Vehicles2023-02-012024-01-31SC720982core:FurnitureFittings2023-02-012024-01-31SC720982core:OfficeEquipment2023-02-012024-01-31SC720982core:NetGoodwill2023-02-012024-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-31SC720982core:ListedExchangeTraded2023-02-012024-01-31SC720982core:UnlistedNon-exchangeTraded2023-02-012024-01-31SC720982core:MoreThanFiveYears2023-02-012024-01-31SC720982core:Non-currentFinancialInstruments2024-01-31SC720982core:Non-currentFinancialInstruments2023-01-31SC720982dpl:CostSales2023-02-012024-01-31SC720982dpl:DistributionCosts2023-02-012024-01-31SC720982core:LandBuildings2023-02-012024-01-31SC720982core:PlantMachinery2023-02-012024-01-31SC720982core:Vehicles2023-02-012024-01-31SC720982core:FurnitureFittings2023-02-012024-01-31SC720982core:OfficeEquipment2023-02-012024-01-31SC720982dpl:AdministrativeExpenses2023-02-012024-01-31SC720982core:NetGoodwill2023-02-012024-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2023-02-012024-01-31SC720982dpl:GroupUndertakings2023-02-012024-01-31SC720982dpl:ParticipatingInterests2023-02-012024-01-31SC720982dpl:GroupUndertakingscore:ListedExchangeTraded2023-02-012024-01-31SC720982core:ListedExchangeTraded2023-02-012024-01-31SC720982dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-02-012024-01-31SC720982core:UnlistedNon-exchangeTraded2023-02-012024-01-31SC720982dpl:CostSales2022-01-252023-01-31SC720982dpl:DistributionCosts2022-01-252023-01-31SC720982core:LandBuildings2022-01-252023-01-31SC720982core:PlantMachinery2022-01-252023-01-31SC720982core:Vehicles2022-01-252023-01-31SC720982core:FurnitureFittings2022-01-252023-01-31SC720982core:OfficeEquipment2022-01-252023-01-31SC720982dpl:AdministrativeExpenses2022-01-252023-01-31SC720982core:NetGoodwill2022-01-252023-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2022-01-252023-01-31SC720982dpl:GroupUndertakings2022-01-252023-01-31SC720982dpl:ParticipatingInterests2022-01-252023-01-31SC720982dpl:GroupUndertakingscore:ListedExchangeTraded2022-01-252023-01-31SC720982core:ListedExchangeTraded2022-01-252023-01-31SC720982dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-01-252023-01-31SC720982core:UnlistedNon-exchangeTraded2022-01-252023-01-31SC720982core:NetGoodwill2024-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2024-01-31SC720982core:LandBuildings2024-01-31SC720982core:PlantMachinery2024-01-31SC720982core:Vehicles2024-01-31SC720982core:FurnitureFittings2024-01-31SC720982core:OfficeEquipment2024-01-31SC720982core:AfterOneYear2024-01-31SC720982core:WithinOneYear2024-01-31SC720982core:ListedExchangeTraded2024-01-31SC720982core:UnlistedNon-exchangeTraded2024-01-31SC720982core:ShareCapital2024-01-31SC720982core:SharePremium2024-01-31SC720982core:RevaluationReserve2024-01-31SC720982core:OtherReservesSubtotal2024-01-31SC720982core:RetainedEarningsAccumulatedLosses2024-01-31SC720982core:NetGoodwill2023-01-31SC720982core:IntangibleAssetsOtherThanGoodwill2023-01-31SC720982core:LandBuildings2023-01-31SC720982core:PlantMachinery2023-01-31SC720982core:Vehicles2023-01-31SC720982core:FurnitureFittings2023-01-31SC720982core:OfficeEquipment2023-01-31SC720982core:AfterOneYear2023-01-31SC720982core:WithinOneYear2023-01-31SC720982core:ListedExchangeTraded2023-01-31SC720982core:UnlistedNon-exchangeTraded2023-01-31SC720982core:ShareCapital2023-01-31SC720982core:SharePremium2023-01-31SC720982core:RevaluationReserve2023-01-31SC720982core:OtherReservesSubtotal2023-01-31SC720982core:RetainedEarningsAccumulatedLosses2023-01-31SC720982core:NetGoodwill2022-01-25SC720982core:IntangibleAssetsOtherThanGoodwill2022-01-25SC720982core:LandBuildings2022-01-25SC720982core:PlantMachinery2022-01-25SC720982core:Vehicles2022-01-25SC720982core:FurnitureFittings2022-01-25SC720982core:OfficeEquipment2022-01-25SC720982core:AfterOneYear2022-01-25SC720982core:WithinOneYear2022-01-25SC720982core:ListedExchangeTraded2022-01-25SC720982core:UnlistedNon-exchangeTraded2022-01-25SC720982core:ShareCapital2022-01-25SC720982core:SharePremium2022-01-25SC720982core:RevaluationReserve2022-01-25SC720982core:OtherReservesSubtotal2022-01-25SC720982core:RetainedEarningsAccumulatedLosses2022-01-25SC720982core:AfterOneYear2023-02-012024-01-31SC720982core:WithinOneYear2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:CostValuation2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-02-012024-01-31SC720982core:Non-currentFinancialInstrumentscore:CostValuation2024-01-31SC720982core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-01-31SC720982core:Non-currentFinancialInstrumentscore:CostValuation2023-01-31SC720982core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-01-31SC720982core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-01-31SC720982bus:Director12023-02-012024-01-31

ASIAN FLAVOURS EDINBURGH LTD

Registered Number
SC720982
(Scotland)

Unaudited Financial Statements for the Year ended
31 January 2024

ASIAN FLAVOURS EDINBURGH LTD
Company Information
for the year from 1 February 2023 to 31 January 2024

Director

RASUL, Muniba

Registered Address

54 High Street
Dumfries
DG1 2JA

Registered Number

SC720982 (Scotland)
ASIAN FLAVOURS EDINBURGH LTD
Balance Sheet as at
31 January 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Intangible assets385,70085,700
Tangible assets48,968-
94,66885,700
Current assets
Debtors52,520-
Current asset investments100100
2,620100
Creditors amounts falling due within one year6(108,682)(86,120)
Net current assets (liabilities)(106,062)(86,020)
Total assets less current liabilities(11,394)(320)
Net assets(11,394)(320)
Capital and reserves
Called up share capital100100
Profit and loss account(11,494)(420)
Shareholders' funds(11,394)(320)
The financial statements were approved and authorised for issue by the Board of Directors on 14 October 2024, and are signed on its behalf by:
RASUL, Muniba
Director
Registered Company No. SC720982
ASIAN FLAVOURS EDINBURGH LTD
Notes to the Financial Statements
for the year ended 31 January 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in accordance with the Companies Act 2006 and FRS 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland including Section 1A Small Entities.
Revenue from sale of goods
Revenue from the sale of goods is recognised when the company has transferred to the buyer the significant risks and rewards of ownership of the goods, usually when goods are delivered and legal title has passed. Providing the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transition can be measured reliably.
Foreign currency translation
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.
Intangible assets
Intangible assets are stated at cost less accumulated amortisation and accumulated impairment losses. The assets are reviewed for impairment if the above factors indicate that the carrying amount may be impaired. Amortisation is included in 'administrative expenses' in the profit and loss account.
Tangible fixed assets and depreciation
All fixed assets are initially recorded at cost. Property, plant and equipment is used in the company's principal activity for the production and supply of goods or for administrative purposes and is stated in the balance sheet under the historic cost model. This model requires the assets to be stated at cost less amounts in respect of depreciation and less any accumulated impairment losses. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value (which is the expected amount that would currently be obtained from disposal of an asset, after deducting the estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life), over the useful economic life of the respective asset as follows:

Straight line (years)
Land and buildings15
Investments
Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value where the difference between cost and fair value is material. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.
2.Average number of employees

20242023
Average number of employees during the year00
3.Intangible assets

Other

Total

££
Cost or valuation
At 01 February 2385,70085,700
At 31 January 2485,70085,700
Net book value
At 31 January 2485,70085,700
At 31 January 2385,70085,700
4.Tangible fixed assets

Land & buildings

Total

££
Cost or valuation
Additions9,0129,012
At 31 January 249,0129,012
Depreciation and impairment
Charge for year4444
At 31 January 244444
Net book value
At 31 January 248,9688,968
At 31 January 23--
5.Debtors: amounts due within one year

2024

2023

££
Other debtors2,520-
Total2,520-
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
6.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables4,800-
Other creditors103,04285,700
Accrued liabilities and deferred income840420
Total108,68286,120
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.
7.Directors advances, credits and guarantees
Other creditors includes £17,342/- which related Director loan account.
8.Related party transactions
Included in other creditors is an amount of £48,200(2023: £48,200) which relates to Sub A1 Limited and £37,500(2023: £37,500) which relates to Asian Flavours Newcastle Limited company owned by the Gr Group investments Limited.