PTP Accounts Production v24.1.0.578 09196067 Board of Directors Board of Directors Board of Directors Board of Directors Board of Directors Board of Directors 1.7.23 30.6.24 30.6.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh091960672023-06-30091960672024-06-30091960672023-07-012024-06-30091960672022-06-30091960672022-07-012023-06-30091960672023-06-3009196067ns14:PoundSterling2023-07-012024-06-3009196067ns10:Director12023-07-012024-06-3009196067ns10:Director22023-07-012024-06-3009196067ns10:Director32023-07-012024-06-3009196067ns10:Director42023-07-012024-06-3009196067ns10:Director52023-07-012024-06-3009196067ns10:Director62023-07-012024-06-3009196067ns10:PrivateLimitedCompanyLtd2023-07-012024-06-3009196067ns10:SmallEntities2023-07-012024-06-3009196067ns10:AuditExempt-NoAccountantsReport2023-07-012024-06-3009196067ns10:SmallCompaniesRegimeForDirectorsReport2023-07-012024-06-3009196067ns10:SmallCompaniesRegimeForAccounts2023-07-012024-06-3009196067ns10:FullAccounts2023-07-012024-06-300919606712023-07-012024-06-3009196067ns10:RegisteredOffice2023-07-012024-06-3009196067ns5:CurrentFinancialInstruments2024-06-3009196067ns5:CurrentFinancialInstruments2023-06-3009196067ns5:Non-currentFinancialInstruments2024-06-3009196067ns5:Non-currentFinancialInstruments2023-06-3009196067ns5:ShareCapital2024-06-3009196067ns5:ShareCapital2023-06-3009196067ns5:RetainedEarningsAccumulatedLosses2024-06-3009196067ns5:RetainedEarningsAccumulatedLosses2023-06-3009196067ns5:NetGoodwill2023-07-012024-06-3009196067ns5:IntangibleAssetsOtherThanGoodwill2023-07-012024-06-3009196067ns5:PatentsTrademarksLicencesConcessionsSimilar2023-07-012024-06-3009196067ns5:PlantMachinery2023-07-012024-06-3009196067ns5:NetGoodwill2023-06-3009196067ns5:IntangibleAssetsOtherThanGoodwill2023-06-3009196067ns5:NetGoodwill2024-06-3009196067ns5:IntangibleAssetsOtherThanGoodwill2024-06-3009196067ns5:NetGoodwill2023-06-3009196067ns5:IntangibleAssetsOtherThanGoodwill2023-06-3009196067ns5:LandBuildings2023-06-3009196067ns5:PlantMachinery2023-06-3009196067ns5:LandBuildings2023-07-012024-06-3009196067ns5:LandBuildings2024-06-3009196067ns5:PlantMachinery2024-06-3009196067ns5:LandBuildings2023-06-3009196067ns5:PlantMachinery2023-06-3009196067ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-06-3009196067ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-06-3009196067ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2024-06-3009196067ns5:Non-currentFinancialInstrumentsns5:AfterOneYear2023-06-30
REGISTERED NUMBER: 09196067





















Unaudited Financial Statements for the Year Ended 30 June 2024

for

NEYA TASTE LIMITED

NEYA TASTE LIMITED (Registered number: 09196067)






Contents of the Financial Statements
for the Year Ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


NEYA TASTE LIMITED

Company Information
for the Year Ended 30 June 2024







DIRECTORS: MR M Patel
MRS K Patel
MR B D Patel
MRS U B Patel
MR C D Patel
MRS I C Patel





REGISTERED OFFICE: UNIT 6,
36 HASTINGS ROAD
LEICESTER
LE5 OHL





REGISTERED NUMBER: 09196067






NEYA TASTE LIMITED (Registered number: 09196067)

Balance Sheet
30 June 2024

30.6.24 30.6.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 8,601 42,630
Tangible assets 5 60,526 73,879
69,127 116,509

CURRENT ASSETS
Stocks 42,914 56,298
Debtors 6 93,356 60,749
Cash at bank and in hand 206,537 162,714
342,807 279,761
CREDITORS
Amounts falling due within one year 7 154,229 119,764
NET CURRENT ASSETS 188,578 159,997
TOTAL ASSETS LESS CURRENT
LIABILITIES

257,705

276,506

CREDITORS
Amounts falling due after more than one
year

8

(13,334

)

(62,743

)

PROVISIONS FOR LIABILITIES (15,117 ) (18,456 )
NET ASSETS 229,254 195,307

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings 229,248 195,301
SHAREHOLDERS' FUNDS 229,254 195,307

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

NEYA TASTE LIMITED (Registered number: 09196067)

Balance Sheet - continued
30 June 2024


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2024 and were signed on its behalf by:




MR M Patel - Director MRS K Patel - Director




MR B D Patel - Director MRS U B Patel - Director




MR C D Patel - Director MRS I C Patel - Director


NEYA TASTE LIMITED (Registered number: 09196067)

Notes to the Financial Statements
for the Year Ended 30 June 2024

1. STATUTORY INFORMATION

NEYA TASTE LIMITED is a private company, limited by shares , registered in Not specified/Other. 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 2015, 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.

Patents and licences are being amortised evenly over their estimated useful life of ten years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 15% 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 Income Statement, 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.

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.

NEYA TASTE LIMITED (Registered number: 09196067)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

2. ACCOUNTING POLICIES - continued

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 22 (2023 - 23 ) .

4. INTANGIBLE FIXED ASSETS
Other
intangible
Goodwill assets Totals
£    £    £   
COST
At 1 July 2023
and 30 June 2024 340,000 290 340,290
AMORTISATION
At 1 July 2023 297,500 160 297,660
Charge for year 34,000 29 34,029
At 30 June 2024 331,500 189 331,689
NET BOOK VALUE
At 30 June 2024 8,500 101 8,601
At 30 June 2023 42,500 130 42,630

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 July 2023 53 210,457 210,510
Additions - 1,217 1,217
Disposals - (11,284 ) (11,284 )
At 30 June 2024 53 200,390 200,443
DEPRECIATION
At 1 July 2023 - 136,631 136,631
Charge for year - 9,563 9,563
Eliminated on disposal - (6,277 ) (6,277 )
At 30 June 2024 - 139,917 139,917
NET BOOK VALUE
At 30 June 2024 53 60,473 60,526
At 30 June 2023 53 73,826 73,879

NEYA TASTE LIMITED (Registered number: 09196067)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024

6. DEBTORS
30.6.24 30.6.23
£    £   
Amounts falling due within one year:
Trade debtors 55,248 47,177
Other debtors 27,517 13,572
82,765 60,749

Amounts falling due after more than one year:
Other debtors 10,591 -

Aggregate amounts 93,356 60,749

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.6.24 30.6.23
£    £   
Trade creditors 49,134 39,398
Taxation and social security 73,587 55,574
Other creditors 31,508 24,792
154,229 119,764

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.6.24 30.6.23
£    £   
Other creditors 13,334 62,743

9. ULTIMATE CONTROLLING PARTY

The Board of Directors are the controlling party.