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Company Registration No. 12672565 (England and Wales)
METRO FOOD DELIVERY LTD Unaudited accounts for the year ended 30 June 2024
METRO FOOD DELIVERY LTD Unaudited accounts Contents
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METRO FOOD DELIVERY LTD Company Information for the year ended 30 June 2024
Directors
A Fiori L Fiori R Fiori
Company Number
12672565 (England and Wales)
Registered Office
C/O Lmk Accounting Ltd The Gatehouse Gatehouse Way Aylesbury HP19 8DB United Kingdom
Accountants
Kaushik Khiroya, AFA LMK ACCOUNTING LTD THE GATEHOUSE GATEHOUSE WAY AYLESBURY HP19 8DB
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METRO FOOD DELIVERY LTD Statement of financial position as at 30 June 2024
2024 
2023 
Notes
£ 
£ 
Current assets
Debtors
135 
490 
Investments
139,200 
139,200 
Cash at bank and in hand
14,264 
893 
153,599 
140,583 
Creditors: amounts falling due within one year
(124,033)
(110,304)
Net current assets
29,566 
30,279 
Net assets
29,566 
30,279 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
29,466 
30,179 
Shareholders' funds
29,566 
30,279 
For the year ending 30 June 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 26 March 2025 and were signed on its behalf by
R Fiori Director Company Registration No. 12672565
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METRO FOOD DELIVERY LTD Notes to the Accounts for the year ended 30 June 2024
1
Statutory information
METRO FOOD DELIVERY LTD is a private company, limited by shares, registered in England and Wales, registration number 12672565. The registered office is C/O Lmk Accounting Ltd The Gatehouse, Gatehouse Way, Aylesbury, HP19 8DB, United Kingdom.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Financial instruments
Financial instruments are classified by the directors as basic or advanced following the condiTions in FRS 102 section 11. Basic financial instruments, which include trade and other receivables and payables, cash and bank balances, are amortised at cost. Advanced financial instruments which include interest rate swap and forward foreign exchange contracts, are initially recorded at cost and thereafter at fair value with changes recognised in profit and loss.
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METRO FOOD DELIVERY LTD Notes to the Accounts for the year ended 30 June 2024
Cash and cash equivalents
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.
Investments
Investments in shares are included at fair value.
Going concern
These financial statements have been prepared on the assumption that the company will continue in operational existence for the foreseeable future. The validity of this assumption depends on the contining support of the director and sharesholders of the company. If the were unable to continue in existence for the foreseeable future, adjustments would be necessary to reduce the balance sheet values of assets to their recoverable amounts, to reclassify fixed assets as current assets and to provide for further liabilities which might arise.
4
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
135 
490 
5
Investments held as current assets
2024 
2023 
£ 
£ 
Unlisted investments
139,200 
139,200 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Trade creditors
- 
1,530 
Amounts owed to group undertakings and other participating interests
120,683 
105,424 
Loans from directors
2,650 
2,650 
Accruals
700 
700 
124,033 
110,304 
7
Average number of employees
During the year the average number of employees was 2 (2023: 3).
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