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REGISTERED NUMBER: 07333375 (England and Wales)















Dana Food Distribution Limited

Unaudited Financial Statements for the Year Ended 31 August 2024






Dana Food Distribution Limited (Registered number: 07333375)






Contents of the Financial Statements
for the Year Ended 31 August 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Dana Food Distribution Limited

Company Information
for the Year Ended 31 August 2024







DIRECTOR: Mr M Ahmadi



REGISTERED OFFICE: 97 Judd Street
London
WC1H 9JG



BUSINESS ADDRESS: Unit 12, Avenue Business Park
Justin Road
Chingford
London
E4 8SU



REGISTERED NUMBER: 07333375 (England and Wales)



ACCOUNTANTS: Chris Syrimis & Co
Chartered Certified Accountants
97 Judd Street
London
WC1H 9JG



BANKERS: HSBC
10 South Mall
Edmonton
London
N9 0QU

Dana Food Distribution Limited (Registered number: 07333375)

Balance Sheet
31 August 2024

31/8/24 31/8/23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 3,623 6,255
3,623 6,255

CURRENT ASSETS
Stocks 6 85,922 108,628
Debtors 7 47,469 57,184
Cash in hand 2,011 3,439
135,402 169,251
CREDITORS
Amounts falling due within one year 8 135,213 132,916
NET CURRENT ASSETS 189 36,335
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,812

42,590

CREDITORS
Amounts falling due after more than one
year

9

(18,220

)

(28,274

)

PROVISIONS FOR LIABILITIES - (535 )
NET (LIABILITIES)/ASSETS (14,408 ) 13,781

Dana Food Distribution Limited (Registered number: 07333375)

Balance Sheet - continued
31 August 2024

31/8/24 31/8/23
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings (14,418 ) 13,771
SHAREHOLDERS' FUNDS (14,408 ) 13,781

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 November 2024 and were signed by:





Mr M Ahmadi - Director


Dana Food Distribution Limited (Registered number: 07333375)

Notes to the Financial Statements
for the Year Ended 31 August 2024

1. STATUTORY INFORMATION

Dana Food Distribution Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Short leasehold - Straight line over 10 years
Plant and machinery - 20% on reducing balance
Motor vehicles - 20% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


Dana Food Distribution Limited (Registered number: 07333375)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 September 2023
and 31 August 2024 2,000
AMORTISATION
At 1 September 2023
and 31 August 2024 2,000
NET BOOK VALUE
At 31 August 2024 -
At 31 August 2023 -

Dana Food Distribution Limited (Registered number: 07333375)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

5. TANGIBLE FIXED ASSETS
Short Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 1 September 2023 6,889 11,435 4,000 22,324
Disposals - - (4,000 ) (4,000 )
At 31 August 2024 6,889 11,435 - 18,324
DEPRECIATION
At 1 September 2023 3,452 10,665 1,952 16,069
Charge for year 430 154 - 584
Eliminated on disposal - - (1,952 ) (1,952 )
At 31 August 2024 3,882 10,819 - 14,701
NET BOOK VALUE
At 31 August 2024 3,007 616 - 3,623
At 31 August 2023 3,437 770 2,048 6,255

6. STOCKS
31/8/24 31/8/23
£    £   
Finished goods 85,922 108,628

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Trade debtors 12,623 22,192
Other debtors 34,846 34,992
47,469 57,184

Other debtors include rent deposit of £24,094 held by the landlord.

Dana Food Distribution Limited (Registered number: 07333375)

Notes to the Financial Statements - continued
for the Year Ended 31 August 2024

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31/8/24 31/8/23
£    £   
Bank loans and overdrafts 12,603 18,609
Trade creditors 116,802 96,510
Taxation and social security - 7,262
Other creditors 5,808 10,535
135,213 132,916

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
31/8/24 31/8/23
£    £   
Other creditors 18,220 28,274