Company Registration No. 09832052 (England and Wales)
Food and Wine Finchley Ltd
Unaudited accounts
for the year ended 31 October 2023
Food and Wine Finchley Ltd
Unaudited accounts
Contents
Food and Wine Finchley Ltd
Company Information
for the year ended 31 October 2023
Director
Younes Jahandedeh
Company Number
09832052 (England and Wales)
Registered Office
876 North Finchley High Road
London
N12 9RH
England
Accountants
Ratnam Accountants
203 Kilburn High Road
London
NW6 7HY
Food and Wine Finchley Ltd
Statement of financial position
as at 31 October 2023
Tangible assets
6,964
9,286
Inventories
325,000
255,000
Cash at bank and in hand
3,988
4,019
Creditors: amounts falling due within one year
(730,123)
(631,274)
Net current liabilities
(371,430)
(348,594)
Net liabilities
(364,466)
(339,308)
Called up share capital
1
1
Profit and loss account
(364,467)
(339,309)
Shareholders' funds
(364,466)
(339,308)
For the year ending 31 October 2023 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 29 October 2024 and were signed on its behalf by
Younes Jahandedeh
Director
Company Registration No. 09832052
Food and Wine Finchley Ltd
Notes to the Accounts
for the year ended 31 October 2023
Food and Wine Finchley Ltd is a private company, limited by shares, registered in England and Wales, registration number 09832052. The registered office is 876 North Finchley High Road, London, N12 9RH, 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:
Motor vehicles
25% reducing balance
Fixtures & fittings
25% reducing balance
Computer equipment
25% reducing balance
4
Tangible fixed assets
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2022
14,134
3,675
324
18,133
At 31 October 2023
14,134
3,675
324
18,133
At 1 November 2022
6,183
2,476
188
8,847
Charge for the year
1,988
300
34
2,322
At 31 October 2023
8,171
2,776
222
11,169
At 31 October 2023
5,963
899
102
6,964
At 31 October 2022
7,951
1,199
136
9,286
Food and Wine Finchley Ltd
Notes to the Accounts
for the year ended 31 October 2023
Amounts falling due within one year
Amounts due from group undertakings etc.
3,550
-
Other debtors
26,155
23,661
6
Creditors: amounts falling due within one year
2023
2022
Trade creditors
496,464
496,115
Loans from directors
230,361
132,476
7
Average number of employees
During the year the average number of employees was 0 (2022: 0).