THE FOOD TRAIN LIMITED

Company limited by guarantee

Company Registration Number:
SC158165 (Scotland)

Unaudited statutory accounts for the year ended 31 March 2024

Period of accounts

Start date: 1 April 2023

End date: 31 March 2024

THE FOOD TRAIN LIMITED

Contents of the Financial Statements

for the Period Ended 31 March 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

THE FOOD TRAIN LIMITED

Directors' report period ended 31 March 2024

The directors present their report with the financial statements of the company for the period ended 31 March 2024

Principal activities of the company

The objective and principal activity of Food Train is the provision of practical and social services to older people. The charitable aims of Food Train are to support older people to eat well, live well and age well and support people to remain in their own homes and communities. In providing day to day practical assistance, support and guidance the charity can achieve its long-term mission of improving the wellbeing of older people in Scotland



Directors

The directors shown below have held office during the whole of the period from
1 April 2023 to 31 March 2024

J Daziel
H Blackwell
D Brady
E Connor
R Davis
B Hedley
C McIntyre
T Munro
M Hasan
S T Connaughton


The director shown below has held office during the period of
1 April 2023 to 13 April 2023

P Jackson


Secretary Roseanne McLuskie

The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
4 October 2024

And signed on behalf of the board by:
Name: J Daziel
Status: Director

THE FOOD TRAIN LIMITED

Profit And Loss Account

for the Period Ended 31 March 2024

2024 2023


£

£
Turnover: 2,204,505 2,151,930
Cost of sales: ( 2,051,691 ) ( 2,453,112 )
Gross profit(or loss): 152,814 (301,182)
Operating profit(or loss): 152,814 (301,182)
Profit(or loss) before tax: 152,814 (301,182)
Profit(or loss) for the financial year: 152,814 (301,182)

THE FOOD TRAIN LIMITED

Balance sheet

As at 31 March 2024

Notes 2024 2023


£

£
Fixed assets
Tangible assets: 3 643,324 637,625
Total fixed assets: 643,324 637,625
Current assets
Debtors: 4 83,986 80,465
Cash at bank and in hand: 863,889 776,653
Total current assets: 947,875 857,118
Creditors: amounts falling due within one year: 5 ( 290,197 ) ( 346,555 )
Net current assets (liabilities): 657,678 510,563
Total assets less current liabilities: 1,301,002 1,148,188
Total net assets (liabilities): 1,301,002 1,148,188
Members' funds
Profit and loss account: 1,301,002 1,148,188
Total members' funds: 1,301,002 1,148,188

The notes form part of these financial statements

THE FOOD TRAIN LIMITED

Balance sheet statements

For the year ending 31 March 2024 the company was entitled to exemption 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 directors acknowledge their 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.

This report was approved by the board of directors on 4 October 2024
and signed on behalf of the board by:

Name: J Daziel
Status: Director

The notes form part of these financial statements

THE FOOD TRAIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

    Tangible fixed assets depreciation policy

    All fixed assets are recorded at cost less accumulated depreciation. Depreciation is calculated so as to write off the cost of an asset, less its estimated residual value, over the usual economic life of that asset as follows: Buildings: 2% straight line Office equipment: 25% on reducing balance Motor vehicles: 25% on the reducing balance Vehicle equipment: 25% on the reducing balance Short life assets costing less than £2,500 are fully charged as expenditure in the year of acquisition.

THE FOOD TRAIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 57 63

THE FOOD TRAIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 April 2023 314,053 35,613 951,711 1,301,377
Additions 0 9,780 127,056 136,836
Disposals ( 49,261 ) ( 49,261 )
Revaluations
Transfers
At 31 March 2024 314,053 45,393 1,029,506 1,388,952
Depreciation
At 1 April 2023 6,281 18,216 639,255 663,752
Charge for year 6,281 6,794 110,841 123,916
On disposals ( 42,040 ) ( 42,040 )
Other adjustments
At 31 March 2024 12,562 25,010 708,056 745,628
Net book value
At 31 March 2024 301,491 20,383 321,450 643,324
At 31 March 2023 307,772 17,397 312,456 637,625

THE FOOD TRAIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

4. Debtors

2024 2023
£ £
Trade debtors 56,736 53,188
Prepayments and accrued income 21,439 11,387
Other debtors 5,811 15,890
Total 83,986 80,465

THE FOOD TRAIN LIMITED

Notes to the Financial Statements

for the Period Ended 31 March 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 169,978 201,327
Taxation and social security 36,917 38,143
Accruals and deferred income 80,263 98,358
Other creditors 3,039 8,727
Total 290,197 346,555