Company Registration No. 10636104 (England and Wales)
Oriental Gourmet Limited
Unaudited accounts
for the year ended 29 February 2024
Oriental Gourmet Limited
Unaudited accounts
Contents
Oriental Gourmet Limited
Company Information
for the year ended 29 February 2024
Company Number
10636104 (England and Wales)
Registered Office
17 GAINSBOROUGH GARDENS
GREENFORD
MIDDLESEX
UB6 0JG
UNITED KINGDOM
Accountants
Pearsons Accountants
24 Alicia Avenue
Kenton
Middlesex
HA3 8HR
Oriental Gourmet Limited
Statement of financial position
as at 29 February 2024
Tangible assets
11,574
9,957
Cash at bank and in hand
6,639
9,119
Creditors: amounts falling due within one year
(1,271)
(913)
Net current assets
8,311
9,581
Total assets less current liabilities
20,169
19,822
Creditors: amounts falling due after more than one year
(9,349)
(11,067)
Called up share capital
100
100
Profit and loss account
10,720
8,655
Shareholders' funds
10,820
8,755
For the year ending 29 February 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 18 October 2024 and were signed on its behalf by
Pang Cheung Tang
Director
Company Registration No. 10636104
Oriental Gourmet Limited
Notes to the Accounts
for the year ended 29 February 2024
Oriental Gourmet Limited is a private company, limited by shares, registered in England and Wales, registration number 10636104. The registered office is 17 GAINSBOROUGH GARDENS, GREENFORD, MIDDLESEX, UB6 0JG, UNITED KINGDOM.
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.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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
10% on reducing balance
Fixtures & fittings
10% on reducing balance
Computer equipment
20% on reducing balance
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.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Oriental Gourmet Limited
Notes to the Accounts
for the year ended 29 February 2024
4
Intangible fixed assets
Other
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2023
10,837
5,911
426
17,174
Additions
1,000
-
2,000
3,000
At 29 February 2024
11,837
5,911
2,426
20,174
At 1 March 2023
4,864
2,017
336
7,217
Charge for the year
691
663
29
1,383
At 29 February 2024
5,555
2,680
365
8,600
At 29 February 2024
6,282
3,231
2,061
11,574
At 28 February 2023
5,973
3,894
90
9,957
Amounts falling due within one year
Accrued income and prepayments
-
207
7
Creditors: amounts falling due within one year
2024
2023
8
Creditors: amounts falling due after more than one year
2024
2023
Oriental Gourmet Limited
Notes to the Accounts
for the year ended 29 February 2024
9
Average number of employees
During the year the average number of employees was 3 (2023: 3).