Used Food Machinery Limited |
Registered Number:10740850 |
For the year ended 30 April 2024
England and Wales
Unaudited Financial Statements
For the year ended 30 April 2024
Used Food Machinery Limited
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
Used Food Machinery Limited
Statement of Financial Position
2023
2024
Property, plant and equipment |
691
888
2
691
888
22,500
-
3
Trade and other receivables |
33,186
17,715
4
1,131,061
Cash and cash equivalents |
1,438,862
1,456,577
1,186,747
Trade and other payables: amounts falling due within one |
year |
(77,885)
(168,526)
5
1,108,862
1,288,051
Net current assets
Total assets less current liabilities |
1,288,742
1,109,750
1,288,742
Net assets
1,109,750
200
200
1,288,542
1,109,550
1,288,742
1,109,750
Shareholders' funds
For the year ended 30 April 2024 the company was entitled to exemption from audit under Section 477 of the Companies Act 2006 relating to small companies. |
The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 in accordance with Section 476 of the Companies Act 2006 |
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section |
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. |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. |
Mr Harry John William Lambert Director |
These financial statements were approved and authorised for issue by the Board on 04 January 2025 and were signed by: |
The notes form part of these financial statements |
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For the year ended 30 April 2024
Used Food Machinery Limited
Notes to the Financial Statements
Statutory Information
Used Food Machinery Limited is a private limited company, limited by shares, domiciled in England and Wales, |
registration number 10740850. |
Summit House
Horsecroft Road
Harlow
Essex
CM19 5BN
The presentation currency is £ sterling. |
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial |
Reporting Standard 102 ''The Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the |
Companies Act 2006. The financial statements have been prepared under the historical costs convention as |
modified by the revaluation of certain assets. |
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax or other similar sales taxes. |
Research and development
Expenditure on research and development is written off in the year in which it is incurred.
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis: |
Plant and Machinery
Computer Equipment
Furniture and Fittings
Government grants
Government grants received are credited to deferred income. Grants towards capital expenditure are released to the profit and loss account over the expected useful life of the assets. Grants received towards revenue expenditure are released to the profit and loss account as the related expenditure is incurred. |
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For the year ended 30 April 2024
Used Food Machinery Limited
Notes to the Financial Statements Continued
2. Property, plant and equipment |
1,955
430
450
1,075
1,075
450
430
1,955
Provision for depreciation and impairment |
1,067
155
220
692
Charge for year
197
55
46
96
1,264
210
266
788
287
184
220
691
383
230
275
888
2023
2024
-
22,500
4. Trade and other receivables |
2023
2024
15,715
31,186
2,000
2,000
33,186
17,715
5. Trade and other payables: amounts falling due within one year |
2023
2024
25,664
15,212
Taxation and social security |
78,614
42,511
64,248
20,162
168,526
77,885
6. Average number of persons employed |
During the year the average number of employees was 3 (2023 : 3)
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For the year ended 30 April 2024
Used Food Machinery Limited
Notes to the Financial Statements Continued
4 of 4