Registered number: 12298819 | ||||||||
FOR THE YEAR ENDED 30 APRIL 2024 | ||||||||
Prepared By: | ||||||||
Wieland Accountants Limited | ||||||||
Chartered Accountants | ||||||||
Harrow Business Centre | ||||||||
429-433 Pinner Road | ||||||||
North Harrow | ||||||||
Middlesex | ||||||||
HA1 4HN |
Sahni Foods UK Limited | ||||||||
ACCOUNTS | ||||||||
FOR THE YEAR ENDED 30 APRIL 2024 | ||||||||
DIRECTORS | ||||||||
REGISTERED OFFICE | ||||||||
COMPANY DETAILS | ||||||||
Private company limited by shares registered in EW - England and Wales, registered number 12298819 | ||||||||
ACCOUNTANTS | ||||||||
Wieland Accountants Limited | ||||||||
Chartered Accountants | ||||||||
Harrow Business Centre | ||||||||
429-433 Pinner Road | ||||||||
North Harrow | ||||||||
Middlesex | ||||||||
HA1 4HN |
Sahni Foods UK Limited | ||||||||
ACCOUNTS | ||||||||
FOR THEYEARENDED30 APRIL 2024 | ||||||||
CONTENTS | ||||||||
Page | ||||||||
Directors' Report | - | |||||||
Accountants' Report | - | |||||||
Statement Of Comprehensive Income | - | |||||||
Balance Sheet | 3 | |||||||
Notes To The Accounts | 4 | |||||||
The following do not form part of the statutory financial statements: | ||||||||
Trading And Profit And Loss Account | - | |||||||
Profit And Loss Account Summaries | - |
Sahni Foods UK Limited | ||||||||
BALANCE SHEET AT | ||||||||||
2024 | 2023 | |||||||||
Notes | £ | £ | ||||||||
FIXED ASSETS | ||||||||||
Tangible assets | 3 | |||||||||
CURRENT ASSETS | ||||||||||
Stock | ||||||||||
Debtors | 5 | |||||||||
Cash at bank and in hand | ||||||||||
108,192 | 109,032 | |||||||||
CREDITORS: Amounts falling due within one year | 6 | |||||||||
NET CURRENT ASSETS | 39,948 | |||||||||
TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
CREDITORS: Amounts falling due after more than one year | 7 | 1,126,530 | 1,107,069 | |||||||
NET LIABILITIES | ( | ( | ||||||||
CAPITAL AND RESERVES | ||||||||||
Called up share capital | 8 | |||||||||
Profit and loss account | (1,087,056) | (1,048,245) | ||||||||
SHAREHOLDERS' FUNDS | ( | ( | ||||||||
Approved by the board on | ||||||||||
............................. | ||||||||||
Director | ||||||||||
Sahni Foods UK Limited | ||||||||
NOTES TO THE ACCOUNTS | ||||||||||
FOR THE YEAR ENDED 30 APRIL 2024 | ||||||||||
1. ACCOUNTING POLICIES |
1a. Basis Of Accounting | ||||||||
The accounts have been prepared under the historical cost convention. | ||||||||
The accounts have been prepared in accordance with FRS102 section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 . |
1b. Going Concern | ||||||||
At the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for a period of at least 12 months. | ||||||||
The directors therefore consider it appropriate to continue to adopt the going concern basis in preparing the financial statements. |
1c. Depreciation | ||||||||
Commercial Vehicles | reducing balance 25% | |||||||
Fixtures and Fittings | reducing balance 25% |
1d. Stocks | ||||||||
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs. | ||||||||
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs. |
1e. Pension Costs | ||||||||
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year. |
Sahni Foods UK Limited | ||||||||
2. EMPLOYEES | ||||||
2024 | 2023 | |||||
No. | No. | |||||
Average number of employees | 2 | |||||
3. TANGIBLE FIXED ASSETS | ||||||
Commercial | Fixtures | |||||
Vehicles | and Fittings | Total | ||||
£ | £ | £ | ||||
Cost | ||||||
At 1 May 2023 | 9,995 | 46,933 | 56,928 | |||
Disposals | (9,995) | - | (9,995) | |||
At 30 April 2024 | - | 46,933 | 46,933 | |||
Depreciation | ||||||
At 1 May 2023 | 5,872 | 20,180 | 26,052 | |||
Disposals | (5,872) | - | (5,872) | |||
For the year | - | 6,688 | 6,688 | |||
At 30 April 2024 | - | 26,868 | 26,868 | |||
Net Book Amounts | ||||||
At 30 April 2024 | 20,065 | |||||
At 30 April 2023 | 30,876 | |||||
4. STOCK | 2024 | 2023 | ||||
£ | £ | |||||
Stock comprises: | ||||||
Stock | ||||||
5. DEBTORS | 2024 | 2023 | ||||||
£ | £ | |||||||
Amounts falling due within one year | ||||||||
Trade debtors | 34,262 | 35,824 | ||||||
VAT | 2,759 | 261 | ||||||
Other debtors | 1,133 | 2,133 | ||||||
38,154 | 38,218 | |||||||
Sahni Foods UK Limited | ||||||||
6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
PAYE control | 1,554 | 1,040 | ||||||
Salaries and wages control | - | 3,807 | ||||||
Bank Loan | 5,444 | 5,420 | ||||||
Trade creditors | 65,956 | 56,127 | ||||||
Other creditors | - | 940 | ||||||
Pension schemes | 329 | - | ||||||
Accruals | 3,500 | 1,750 | ||||||
76,783 | 69,084 | |||||||
7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR | ||||||||
2024 | 2023 | |||||||
£ | £ | |||||||
Bank loans (unsecured) >1yr | 35,114 | 40,583 | ||||||
Directors' loan account | 1,091,416 | 1,066,486 | ||||||
1,126,530 | 1,107,069 | |||||||
8. SHARE CAPITAL | 2024 | 2023 | ||||||
£ | £ | |||||||
Allotted, issued and fully paid: | ||||||||
12000 | 12000 | |||||||
12,000 | 12,000 | |||||||