INTERNATIONAL FOOD TECHNOLOGIES LTD

Company Registration Number:
09868785 (England and Wales)

Unaudited statutory accounts for the year ended 30 June 2024

Period of accounts

Start date: 01 July 2023

End date: 30 June 2024

INTERNATIONAL FOOD TECHNOLOGIES LTD

Contents of the Financial Statements

for the Period Ended 30 June 2024

Company Information - 3
Report of the Directors - 4
Profit and Loss Account - 5
Balance sheet - 6
Additional notes - 8
Balance sheet notes - 11

INTERNATIONAL FOOD TECHNOLOGIES LTD

Company Information

for the Period Ended 30 June 2024




Director: Artur Tovmasyan
Registered office: 32
The Piazza
London
GBR
WC2E 8RE
Company Registration Number: 09868785 (England and Wales)

INTERNATIONAL FOOD TECHNOLOGIES LTD

Directors' Report Period Ended 30 June 2024

The directors present their report with the financial statements of the company for the period ended 30 June 2024

Principal Activities

The company's principal activity during the period was take-away food shops and mobile food stands.

Political and charitable donations

During the period no charitable or political donations were made.

Directors

The directors shown below have held office during the whole of the period from 01 July 2023 to 30 June 2024
Artur Tovmasyan

This report was approved by the board of directors on 26 March 2025
And Signed On Behalf Of The Board By:

Name: Artur Tovmasyan
Status: Director

INTERNATIONAL FOOD TECHNOLOGIES LTD

Profit and Loss Account

for the Period Ended 30 June 2024


Notes

2024
£

2023
£
Turnover 781,821 742,079
Cost of sales ( 241,240 ) ( 261,310 )
Gross Profit or (Loss) 540,581 480,769
Administrative Expenses ( 518,933 ) ( 470,964 )
Operating Profit or (Loss) 21,648 9,805
Profit or (Loss) Before Tax 21,648 9,805
Profit or (Loss) for Period 21,648 9,805

The notes form part of these financial statements

INTERNATIONAL FOOD TECHNOLOGIES LTD

Balance sheet

As at 30 June 2024


Notes

2024
£

2023
£
Fixed assets
Tangible assets: 4 80,909 101,567
Total fixed assets: 80,909 101,567
Current assets
Debtors: 5 764,576 471,264
Cash at bank and in hand: 15,532 1,359
Total current assets: 780,108 472,623
Creditors: amounts falling due within one year: 6 ( 376,335 ) ( 232,439 )
Net current assets (liabilities): 403,773 240,184
Total assets less current liabilities: 484,682 341,751
Creditors: amounts falling due after more than one year: 7 ( 1,487,277 ) ( 1,365,994 )
Total net assets (liabilities): ( 1,002,595 ) ( 1,024,243 )

The notes form part of these financial statements

INTERNATIONAL FOOD TECHNOLOGIES LTD

Balance sheet continued

As at 30 June 2024


Notes

2024
£

2023
£
Capital and reserves
Called up share capital: 100 100
Profit and loss account: ( 1,002,695 ) ( 1,024,343 )
Shareholders funds: ( 1,002,595 ) ( 1,024,243 )

For the year ending 30 June 2024 the company was entitled to exemption 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.

This report was approved by the board of directors on 26 March 2025
And Signed On Behalf Of The Board By:

Name: Artur Tovmasyan
Status: Director

The notes form part of these financial statements

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 2. Employees


    2024

    2023
    Average number of employees during the period 12 9

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

  • 3. Off balance sheet disclosure

    No

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

4. Tangible assets

Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £
At 01 July 2023 161,162 10,655 35,857 77,700 285,374
Additions - - 5,923 - 5,923
Disposals - - - - -
Revaluations - - - - -
Transfers - - - - -
At 30 June 2024 161,162 10,655 41,780 77,700 291,297
Depreciation
At 01 July 2023 100,867 9,366 30,778 42,796 183,807
Charge for year 15,150 356 2,349 8,726 26,581
On disposals - - - - -
Other adjustments - - - - -
At 30 June 2024 116,017 9,722 33,127 51,522 210,388
Net book value
At 30 June 2024 45,145 933 8,653 26,178 80,909
At 30 June 2023 60,295 1,289 5,079 34,904 101,567

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

5. Debtors


2024
£

2023
£
Other debtors 764,576 471,264
Total 764,576 471,264
Debtors due after more than one year: 764,576 471,183

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

6.Creditors: amounts falling due within one year note


2024
£

2023
£
Trade creditors 222,211 75,570
Taxation and social security 46,572 44,283
Other creditors 107,552 112,586
Total 376,335 232,439

INTERNATIONAL FOOD TECHNOLOGIES LTD

Notes to the Financial Statements

for the Period Ended 30 June 2024

7.Creditors: amounts falling due after more than one year


2024
£

2023
£
Bank loans and overdrafts 32,870 113,284
Other creditors 1,454,407 1,252,710
Total 1,487,277 1,365,994