Company Registration No. 10793052 (England and Wales)
Taste of Georgia Limited
Unaudited accounts
for the year ended 31 May 2024
Taste of Georgia Limited
Unaudited accounts
Contents
Taste of Georgia Limited
Company Information
for the year ended 31 May 2024
Directors
Ekaterine Cox
Richard Cox
Company Number
10793052 (England and Wales)
Registered Office
113 THE AVENUE
WEST WICKHAM
BR4 0EF
ENGLAND
Accountants
GTA Multi Ltd
117 Crayford Way
Dartford
DA1 4JZ
Taste of Georgia Limited
Accountants' report
Accountants' report to the board of directors of Taste of Georgia Limited on the preparation of the unaudited statutory accounts for the year ended 31 May 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Taste of Georgia Limited for the year ended
31 May 2024 as set out on pages
5 -
7 from the company's accounting records and from information and explanations you have given us.
This report is made solely to the Board of Directors of Taste of Georgia Limited, as a body, in accordance with the terms of our engagement. Our work has been undertaken solely to prepare for your approval the accounts of Taste of Georgia Limited and state those matters that we have agreed to state to them, as a body, in this report. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Taste of Georgia Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Taste of Georgia Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Taste of Georgia Limited. You consider that Taste of Georgia Limited 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 accounts of Taste of Georgia Limited. 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 accounts.
GTA Multi Ltd
117 Crayford Way
Dartford
DA1 4JZ
20 February 2025
Taste of Georgia Limited
Statement of financial position
as at 31 May 2024
Cash at bank and in hand
2,132
6,123
Creditors: amounts falling due within one year
(59,603)
(60,064)
Net current assets
28,545
35,527
Total assets less current liabilities
33,037
36,430
Creditors: amounts falling due after more than one year
(23,580)
(31,574)
Called up share capital
101
101
Profit and loss account
9,356
4,755
Shareholders' funds
9,457
4,856
For the year ending 31 May 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 in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 February 2025 and were signed on its behalf by
Ekaterine Cox
Director
Company Registration No. 10793052
Taste of Georgia Limited
Notes to the Accounts
for the year ended 31 May 2024
Taste of Georgia Limited is a private company, limited by shares, registered in England and Wales, registration number 10793052. The registered office is 113 THE AVENUE, WEST WICKHAM, BR4 0EF, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
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.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant and Machinery - 25% on reducing balance
Computer Equipment - 33% on reducing balance
Inventories have been valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.
Taste of Georgia Limited
Notes to the Accounts
for the year ended 31 May 2024
4
Tangible fixed assets
Plant & machinery
Computer equipment
Total
Cost or valuation
At cost
At cost
At 1 June 2023
333
2,789
3,122
At 31 May 2024
333
7,459
7,792
At 1 June 2023
333
1,886
2,219
Charge for the year
-
1,081
1,081
At 31 May 2024
333
2,967
3,300
At 31 May 2024
-
4,492
4,492
Finished goods
56,184
57,685
Amounts falling due within one year
Trade debtors
10,901
11,590
Other debtors
18,931
20,193
7
Creditors: amounts falling due within one year
2024
2023
Trade creditors
10,149
871
Taxes and social security
5,111
6,865
Other creditors
43,943
47,228
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 2 (2023: 2).