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Company Registration No. 08171925 (England and Wales)
HUNGARIAN FLAVORS LTD Unaudited accounts for the year ended 31 July 2024
HUNGARIAN FLAVORS LTD Unaudited accounts Contents
Page
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HUNGARIAN FLAVORS LTD Company Information for the year ended 31 July 2024
Director
Mr Laszlo Pinter
Company Number
08171925 (England and Wales)
Registered Office
FLAT 205 SIR JOHN AND LADY COHEN COURT ROCKWOOD ROAD LONDON N16 6SD
Accountants
Strike Consulting (London) 44 Broadway London E15 1XH
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HUNGARIAN FLAVORS LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
- 
242 
Current assets
Inventories
27,378 
14,178 
Debtors
2,915 
2,143 
Cash at bank and in hand
13,332 
29,408 
43,625 
45,729 
Creditors: amounts falling due within one year
(462)
366 
Net current assets
43,163 
46,095 
Net assets
43,163 
46,337 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
43,063 
46,237 
Shareholders' funds
43,163 
46,337 
For the year ending 31 July 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 director acknowledges his 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 and authorised for issue on 28 April 2025 and were signed on its behalf by
Mr Laszlo Pinter Director Company Registration No. 08171925
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HUNGARIAN FLAVORS LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
HUNGARIAN FLAVORS LTD is a private company, limited by shares, registered in England and Wales, registration number 08171925. The registered office is FLAT 205 SIR JOHN AND LADY COHEN COURT, ROCKWOOD ROAD, LONDON, N16 6SD.
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 represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25%
Motor vehicles
25%
4
Tangible fixed assets
Plant & machinery 
Computer equipment 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
50,090 
241 
50,331 
Additions
- 
205 
205 
At 31 July 2024
50,090 
446 
50,536 
Depreciation
At 1 August 2023
50,089 
- 
50,089 
Charge for the year
1 
446 
447 
At 31 July 2024
50,090 
446 
50,536 
Net book value
At 31 July 2024
- 
- 
- 
At 31 July 2023
1 
241 
242 
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HUNGARIAN FLAVORS LTD Notes to the Accounts for the year ended 31 July 2024
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
1,028 
637 
Other debtors
1,887 
1,506 
2,915 
2,143 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
1,547 
5 
Trade creditors
216 
273 
Taxes and social security
(1,301)
(644)
462 
(366)
7
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
8
Average number of employees
During the year the average number of employees was 2 (2023: 2).
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