4 30/09/2023 2023-09-30 false false false false false false false true false false true false false false false true false false No description of principal activities is disclosed 2022-10-01 Sage Accounts Production 23.0 - FRS102_2021 xbrli:pure xbrli:shares iso4217:GBP NI626761 2022-10-01 2023-09-30 NI626761 2023-09-30 NI626761 2022-09-30 NI626761 2021-10-01 2022-09-30 NI626761 2022-09-30 NI626761 2021-09-30 NI626761 bus:RegisteredOffice 2022-10-01 2023-09-30 NI626761 bus:LeadAgentIfApplicable 2022-10-01 2023-09-30 NI626761 bus:Director1 2022-10-01 2023-09-30 NI626761 core:WithinOneYear 2023-09-30 NI626761 core:WithinOneYear 2022-09-30 NI626761 core:AfterOneYear 2023-09-30 NI626761 core:AfterOneYear 2022-09-30 NI626761 bus:Director1 2022-09-30 NI626761 bus:Director1 2023-09-30 NI626761 bus:Director1 2021-09-30 NI626761 bus:Director1 2022-09-30 NI626761 bus:Director1 2021-10-01 2022-09-30 NI626761 bus:Micro-entities 2022-10-01 2023-09-30 NI626761 bus:AuditExemptWithAccountantsReport 2022-10-01 2023-09-30 NI626761 bus:FullAccounts 2022-10-01 2023-09-30 NI626761 bus:SmallCompaniesRegimeForAccounts 2022-10-01 2023-09-30 NI626761 bus:PrivateLimitedCompanyLtd 2022-10-01 2023-09-30
Company registration number: NI626761
GL FOODS LTD
UNAUDITED FILLETED FINANCIAL STATEMENTS
30 September 2023
GL FOODS LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
_________________________________________________________________________________________
Contents
Directors and other information
Director's responsibilities statement
Accountants report
Balance sheet and notes to the financial statements
GL FOODS LTD
FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2023
_________________________________________________________________________________________
Director Mr Grzegorz Lech
Company number NI626761
Registered office 50 West Street
Portadown
BT62 3JQ
Business address 50 West Street
Portadown
BT62 3JQ
Accountants Kelly & O'Neill Ltd
15E Molesworth Street
Cookstown
Co Tyrone
BT80 8NX
Bankers Ulster Bank Limited
20 High Street
Portadown
Co, Armagh
BT62 1HU
GL FOODS LTD
DIRECTOR'S RESPONSIBILITIES
YEAR ENDED 30 SEPTEMBER 2023
_________________________________________________________________________________________
Company law requires the director to prepare financial statements for each financial year. Under that law the director has elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the director must not approve the financial statements unless he is satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the director is required to:
- select suitable accounting policies and then apply them consistently;
- make judgments and accounting estimates that are reasonable and prudent; and
- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.
The director is responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable him 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.
GL FOODS LTD
REPORT TO THE DIRECTOR ON THE PREPARATION OF THE
UNAUDITED STATUTORY FINANCIAL STATEMENTS OF GL FOODS LTD (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
________________________________________________________________________________________
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of GL Foods Ltd for the year ended 30 September 2023 which comprise the Balance sheet and related notes from the company's accounting records and from information and explanations you have given us.
As a practising member firm of Chartered Accountants Ireland , we are subject to its ethical and other professional requirements which are detailed at www.charteredaccountants.ie.
This report is made solely to the director of GL Foods Ltd, as a body, in accordance with the terms of our engagement letter dated 7 May 2024. Our work has been undertaken solely to prepare for your approval the financial statements of GL Foods Ltd and state those matters that we have agreed to state to them, as a body, in this report in accordance with the requirements of Chartered Accountants Ireland as detailed at www.charteredaccountants.ie. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than GL Foods Ltd and its director as a body for our work or for this report.
It is your duty to ensure that GL Foods Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of GL Foods Ltd. You consider that GL Foods Ltd is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the financial statements of GL Foods Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.
Kelly & O'Neill Ltd
Chartered Accountants
15E Molesworth Street
Cookstown
Co Tyrone
BT80 8NX
10 January 2025
GL FOODS LTD
BALANCE SHEET
30 SEPTEMBER 2023
_______________________________________________________________________________________
2023 2022
£ £
Fixed assets 149,651 152,779
_______ _______
Current assets 16,685 21,995
Creditors: amounts falling due within one year ( 43,178) ( 37,402)
_______ _______
Net current liabilities ( 26,493) ( 15,407)
_______ _______
Total assets less current liabilities 123,158 137,372
Creditors: amounts falling due after more than one year ( 86,868) ( 93,457)
Accruals and deferred income ( 4,565) ( 2,200)
_______ _______
Net assets 31,725 41,715
_______ _______
Capital and reserves 31,725 41,715
_______ _______
Notes to the financial statements
GL FOODS LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2023
_________________________________________________________________________________________
1. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2022: 4 ).
2. Directors advances, credits and guarantees
During the year the director entered into the following advances and credits with the company:
2023
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Grzegorz Lech ( 200) 20 ( 180)
_______ _______ _______
2022
Balance brought forward Advances /(credits) to the director Balance o/standing
£ £ £
Mr Grzegorz Lech ( 4,868) 4,668 ( 200)
_______ _______ _______
For the year ending 30 September 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors responsiblities:
- The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
The financial statements have been prepared in accordance with the micro-entity provisions and have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.
These financial statements were approved by the board of directors and authorised for issue on 10 January 2025 , and are signed on behalf of the board by:
Mr Grzegorz Lech
Director
Company registration number: NI626761
The company is a private company limited by shares, registered in Northern Ireland.