Afimilk UK Ltd Filleted Accounts Cover |
Audited accounts | |||||||||
Company No. SC333487 | |||||||||
Afimilk UK Ltd Directors Report Registrar |
The Directors present their report and the accounts for the year ended 31 December 2023. | |||||||||
Principal activities | |||||||||
Directors | |||||||||
The Directors who served at any time during the year were as follows: | |||||||||
E. Gordon | |||||||||
S. Hadad | (Resigned 31 December 2023) | ||||||||
Y. Sovinsky | (Resigned 13 August 2024) | ||||||||
Statement of directors' responsibilities | |||||||||
The Directors are responsible for preparing the Directors' report and the accounts in accordance with applicable law and regulations. | |||||||||
Company law requires the directors to prepare accounts for each financial year. Under that law the directors have elected to prepare the accounts in accordance with united Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the accounts unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these accounts, the directors are required to: | |||||||||
* | select suitable accounting policies and then apply them consistently; | ||||||||
* | make judgments and estimates that are reasonable and prudent; | ||||||||
* | prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business. | ||||||||
The directors are responsible for keeping adequate accounting records that show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities. | |||||||||
Statement of disclosure of information to auditor | |||||||||
So far as the directors are aware, there is no relevant audit information of which the company's auditors are unaware and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant information and to establish that the company's auditors are aware of that information. | |||||||||
Auditors | |||||||||
The auditors, Gordon Levy Limited, are deemed to be reappointed under section 487(2) of the Companies Act 2006. | |||||||||
Signed on behalf of the board | |||||||||
E. Gordon | |||||||||
Director | |||||||||
26 December 2024 |
Afimilk UK Ltd Balance Sheet Registrar |
at | ||||||||||
Company No. | Notes | 2023 | 2022 | |||||||
£ | £ | |||||||||
Current assets | ||||||||||
Debtors | 4 | |||||||||
Cash at bank and in hand | ||||||||||
Creditors: Amount falling due within one year | 5 | ( | ( | |||||||
Net current assets | ||||||||||
Total assets less current liabilities | ||||||||||
Net assets | ||||||||||
Capital and reserves | ||||||||||
Called up share capital | ||||||||||
Other reserves | ||||||||||
Profit and loss account | 7 | |||||||||
Total equity | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 26 December 2024 | ||||||||||
And signed on its behalf by: | ||||||||||
E. Gordon | ||||||||||
26 December 2024 | ||||||||||
As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account. | ||||||||||
Approved by the board on 26 December 2024 | ||||||||||
And signed on its behalf by: | ||||||||||
E. Gordon | ||||||||||
Director | ||||||||||
26 December 2024 |
Afimilk UK Ltd Notes to the Accounts Registrar |
for the year ended 31 December 2023 | |||||||||||||||
1 | General information | ||||||||||||||
Its registered number is: SC333487 | |||||||||||||||
Its registered office is: | |||||||||||||||
Going concern | |||||||||||||||
2 | Accounting policies |
Turnover | |||||||||||||||
Judgements and key sources of estimation uncertainty | |||||||||||||||
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors including expectations of future events that are believed to be reasonable under the circumstances. | |||||||||||||||
Taxation | |||||||||||||||
Income tax expense represents the sum of the tax currently payable and deferred tax. The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period. | |||||||||||||||
Trade and other debtors | |||||||||||||||
Trade and other creditors | |||||||||||||||
Foreign currencies | |||||||||||||||
Cash and cash equivalents | |||||||||||||||
Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value | |||||||||||||||
3 | Employees | ||||||||||||||
2023 | 2022 | ||||||||||||||
Number | Number | ||||||||||||||
The average monthly number of employees (including directors) during the year was: | |||||||||||||||
4 | Debtors | ||||||||||||||
2023 | 2022 | ||||||||||||||
£ | £ | ||||||||||||||
Amounts owed by group undertakings | |||||||||||||||
VAT recoverable | |||||||||||||||
Prepayments and accrued income | |||||||||||||||
5 | Creditors: | ||||||||||||||
amounts falling due within one year | |||||||||||||||
2023 | 2022 | ||||||||||||||
£ | £ | ||||||||||||||
Trade creditors | |||||||||||||||
Amounts owed to group undertakings | |||||||||||||||
Taxes and social security | |||||||||||||||
Other creditors | |||||||||||||||
Accruals and deferred income | |||||||||||||||
6 | Share Capital | ||||||||||||||
Ordinary, allotted and fully paid | |||||||||||||||
7 | Reserves | ||||||||||||||
Other Reserves | Total other reserves | ||||||||||||||
£ | £ | ||||||||||||||
At 1 January 2022 | 1,448,779 | 1,448,779 | |||||||||||||
At 31 December 2022 and 1 January 2023 | |||||||||||||||
At 31 December 2023 | |||||||||||||||
8 | Related party disclosures | ||||||||||||||
Transactions with related parties | |||||||||||||||
The company has taken advantage of the exemption available according with Section 33 of FRS 102 "Related party disclosure" not to disclose transactions entered into between two or more members of a group that are wholly owned. | |||||||||||||||
Parent Company | |||||||||||||||
The name of the parent of the smallest group for which consolidated financial statements are drawn up of which this entity is a member: | |||||||||||||||
Afimilk Agricultural Cooperative Ltd, incorporated in Israel | |||||||||||||||
The parent's registered office address is: | |||||||||||||||
Kibbutz Afikim, 1514800, Israel | |||||||||||||||
9 | Audit of the accounts | ||||||||||||||
The directors have required the company to obtain an audit. | |||||||||||||||
Unqualified | |||||||||||||||
The auditors were: Gordon Levy Limited | |||||||||||||||
The senior statutory auditor was: Gordon Levy, BA, FCA | |||||||||||||||