IRIS Accounts Production v24.3.2.46 SC580998 director 1.12.23 30.11.24 30.11.24 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWhSC5809982023-11-30SC5809982024-11-30SC5809982023-12-012024-11-30SC5809982022-06-30SC5809982022-07-012023-11-30SC5809982023-11-30SC580998ns15:Scotland2023-12-012024-11-30SC580998ns14:PoundSterling2023-12-012024-11-30SC580998ns10:Director12023-12-012024-11-30SC580998ns10:PrivateLimitedCompanyLtd2023-12-012024-11-30SC580998ns10:SmallEntities2023-12-012024-11-30SC580998ns10:AuditExempt-NoAccountantsReport2023-12-012024-11-30SC580998ns10:SmallCompaniesRegimeForDirectorsReport2023-12-012024-11-30SC580998ns10:SmallCompaniesRegimeForAccounts2023-12-012024-11-30SC580998ns10:FullAccounts2023-12-012024-11-30SC58099812023-12-012024-11-30SC580998ns10:RegisteredOffice2023-12-012024-11-30SC580998ns5:CurrentFinancialInstruments2024-11-30SC580998ns5:CurrentFinancialInstruments2023-11-30SC580998ns5:Non-currentFinancialInstruments2024-11-30SC580998ns5:Non-currentFinancialInstruments2023-11-30SC580998ns5:ShareCapital2024-11-30SC580998ns5:ShareCapital2023-11-30SC580998ns5:RetainedEarningsAccumulatedLosses2024-11-30SC580998ns5:RetainedEarningsAccumulatedLosses2023-11-30SC580998ns5:NetGoodwill2023-12-012024-11-30SC580998ns5:IntangibleAssetsOtherThanGoodwill2023-12-012024-11-30SC580998ns5:PlantMachinery2023-12-012024-11-30SC580998ns5:NetGoodwill2023-11-30SC580998ns5:NetGoodwill2024-11-30SC580998ns5:NetGoodwill2023-11-30SC580998ns5:PlantMachinery2023-11-30SC580998ns5:PlantMachinery2024-11-30SC580998ns5:PlantMachinery2023-11-30SC580998ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-11-30SC580998ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-30SC5809981ns10:Director12023-11-30SC5809981ns10:Director12022-06-30SC5809981ns10:Director12023-12-012024-11-30SC5809981ns10:Director12022-07-012023-11-30SC5809981ns10:Director12024-11-30SC5809981ns10:Director12023-11-30
REGISTERED NUMBER: SC580998 (Scotland)















Unaudited Financial Statements for the Year Ended 30 November 2024

for

Berlin Food Company (Edinburgh) Ltd

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Berlin Food Company (Edinburgh) Ltd

Company Information
for the Year Ended 30 November 2024







DIRECTOR: C Mcwhinnie





REGISTERED OFFICE: 20 Bothwell Road
Hamilton
South Lanarkshire
ML3 0AY





REGISTERED NUMBER: SC580998 (Scotland)





ACCOUNTANTS: Key Professional Partnership Ltd
Unit 3
Morris Park
37 Rosyth Road
Glasgow
G5 0YE

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Balance Sheet
30 November 2024

30.11.24 30.11.23
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 131,071 135,920
Tangible assets 5 824,032 848,378
955,103 984,298

CURRENT ASSETS
Stocks 47,982 30,000
Debtors 6 368,968 230,940
Cash at bank and in hand 21,293 10,116
438,243 271,056
CREDITORS
Amounts falling due within one year 7 609,076 927,439
NET CURRENT LIABILITIES (170,833 ) (656,383 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

784,270

327,915

CREDITORS
Amounts falling due after more than one
year

8

959,801

551,689
NET LIABILITIES (175,531 ) (223,774 )

CAPITAL AND RESERVES
Called up share capital 6 6
Retained earnings (175,537 ) (223,780 )
(175,531 ) (223,774 )

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

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

The director acknowledges his 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.

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

Balance Sheet - continued
30 November 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 director and authorised for issue on 12 March 2025 and were signed by:





C Mcwhinnie - Director


Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

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

1. STATUTORY INFORMATION

Berlin Food Company (Edinburgh) Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


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 2020, 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.

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 - 25% on reducing balance, 20% on cost and 10% on reducing balance

Tangible fixed assets are stated at cost (or deemed cost) less accumulated depreciation and accumulated impairment losses.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised as follows:

(i) Debtors
Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using effective interest method less any impairment.

(ii) Cash and cash equivalents
Cash and cash equivalents include cash at bank and in hand.

Cash and cash equivalents are shown net of bank overdrafts, which are included as current borrowings in liabilities on the balance sheet.

(iii) Creditors
Short term trade creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.


Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

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

2. ACCOUNTING POLICIES - continued
Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

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 51 (2023 - 100 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2023
and 30 November 2024 150,467
AMORTISATION
At 1 December 2023 14,547
Charge for year 4,849
At 30 November 2024 19,396
NET BOOK VALUE
At 30 November 2024 131,071
At 30 November 2023 135,920

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

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

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 December 2023 1,241,562
Additions 98,806
At 30 November 2024 1,340,368
DEPRECIATION
At 1 December 2023 393,184
Charge for year 123,152
At 30 November 2024 516,336
NET BOOK VALUE
At 30 November 2024 824,032
At 30 November 2023 848,378

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Trade debtors 8,480 3,766
Other debtors 360,488 227,174
368,968 230,940

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.11.24 30.11.23
£    £   
Bank loans and overdrafts 169,606 155,137
Trade creditors 195,780 121,629
Taxation and social security 225,247 621,340
Other creditors 18,443 29,333
609,076 927,439

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.11.24 30.11.23
£    £   
Bank loans 99,518 95,584
Other creditors 860,283 456,105
959,801 551,689

Berlin Food Company (Edinburgh) Ltd (Registered number: SC580998)

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

9. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the year ended 30 November 2024 and the period ended 30 November 2023:

30.11.24 30.11.23
£    £   
C Mcwhinnie
Balance outstanding at start of year 17,307 (41,000 )
Amounts advanced 58,890 58,307
Amounts repaid (94,640 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year (18,443 ) 17,307