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COMPANY REGISTRATION NUMBER: 05618342
Firstlight Foods (Europe) Limited
Filleted Unaudited Financial Statements
30 November 2023
Firstlight Foods (Europe) Limited
Statement of Financial Position
30 November 2023
2023
2022
Note
EUR
EUR
EUR
Current assets
Debtors
4
123,083
119,969
Creditors: amounts falling due within one year
5
2,900
1,400
---------
---------
Net current assets
120,183
118,569
---------
---------
Total assets less current liabilities
120,183
118,569
---------
---------
Net assets
120,183
118,569
---------
---------
Capital and reserves
Called up share capital
2
2
Profit and loss account
120,181
118,567
---------
---------
Shareholders funds
120,183
118,569
---------
---------
These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 November 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 22 November 2024 , and are signed on behalf of the board by:
J Ross
Director
Company registration number: 05618342
Firstlight Foods (Europe) Limited
Notes to the Financial Statements
Year ended 30 November 2023
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is C/O Leaman Mattei, Suite 1, First Floor, 1 Duchess Street, London, W1W 6AN.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The accounts have been prepared in the company's functional currency which is Euros .
Foreign currencies
Assets and liabilities in foreign currencies are translated into Euro at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into Euro at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Debt instruments are subsequently measured at amortised cost. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately.
4. Debtors
2023
2022
EUR
EUR
Amounts owed by group undertakings and undertakings in which the company has a participating interest
111,364
108,250
Other debtors
11,719
11,719
---------
---------
123,083
119,969
---------
---------
5. Creditors: amounts falling due within one year
2023
2022
EUR
EUR
Other creditors
2,900
1,400
-------
-------
6. Related party transactions
At 30 November 2023, the company was owed €111,364 (2022 - €108,250) from the company's shareholders and entities controlled by the Company's shareholders in respect of an interest free loan, repayable on demand.
7. Controlling party
There is no ultimate controlling party.