SVR FOODS LTD

Company Registration Number:
07154428 (England and Wales)

Unaudited abridged accounts for the year ended 28 February 2024

Period of accounts

Start date: 01 March 2023

End date: 28 February 2024

SVR FOODS LTD

Contents of the Financial Statements

for the Period Ended 28 February 2024

Balance sheet
Notes

SVR FOODS LTD

Balance sheet

As at 28 February 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 418,625 438,680
Total fixed assets: 418,625 438,680
Current assets
Stocks: 15,100 16,700
Debtors: 4 23,860 23,860
Cash at bank and in hand: 24,983 33,202
Total current assets: 63,943 73,762
Creditors: amounts falling due within one year: 5 (33,622) (30,928)
Net current assets (liabilities): 30,321 42,834
Total assets less current liabilities: 448,946 481,514
Creditors: amounts falling due after more than one year: 6 (426,801) (475,336)
Total net assets (liabilities): 22,145 6,178
Capital and reserves
Called up share capital: 50 50
Profit and loss account: 22,095 6,128
Shareholders funds: 22,145 6,178

The notes form part of these financial statements

SVR FOODS LTD

Balance sheet statements

For the year ending 28 February 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 September 2024
and signed on behalf of the board by:

Name: Shanmuganathan Sritharan
Status: Director

The notes form part of these financial statements

SVR FOODS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

1. Accounting policies

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

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods.

Tangible fixed assets and depreciation policy

Tangible fixed assets are measured at cost less accumulated depreciation .Depreciation is provided at the rates calculated to write off the cost of the fixed assets ,less their estimated residual value Fixtures and Fittings 20% W D Allowance

SVR FOODS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

2. Employees

2024 2023
Average number of employees during the period 12 12

SVR FOODS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

3. Tangible Assets

Total
Cost £
At 01 March 2023 998,666
At 28 February 2024 998,666
Depreciation
At 01 March 2023 559,986
Charge for year 20,055
At 28 February 2024 580,041
Net book value
At 28 February 2024 418,625
At 28 February 2023 438,680

SVR FOODS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

4. Debtors

2024 2023
££
Debtors due after more than one year: 23,860 23,860

SVR FOODS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

5. Creditors: amounts falling due within one year note

£ Trade creditors 3,800 Corporation Tax 2,430 Other Taxes 3,005 VAT 18,387 Accruals 6,000 Total 33,622

SVR FOODS LTD

Notes to the Financial Statements

for the Period Ended 28 February 2024

6. Creditors: amounts falling due after more than one year note

£ Bank Loan 38,406 Director's Loan 388,395 Total 426,801