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REGISTERED NUMBER: 05309728 (England and Wales)















FOODTEST LABORATORIES LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 JANUARY 2025






FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


FOODTEST LABORATORIES LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: J Tolley
C Jackson





REGISTERED OFFICE: 4 Hexthorpe Road
Doncaster
DN4 0AE





REGISTERED NUMBER: 05309728 (England and Wales)






FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

BALANCE SHEET
31 JANUARY 2025

2025 2024
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 319,123 139,031
319,123 139,031

CURRENT ASSETS
Debtors 6 897,646 591,440
Cash at bank 199,391 182,155
1,097,037 773,595
CREDITORS
Amounts falling due within one year 7 553,803 357,179
NET CURRENT ASSETS 543,234 416,416
TOTAL ASSETS LESS CURRENT
LIABILITIES

862,357

555,447

CREDITORS
Amounts falling due after more than one
year

8

(360,962

)

(315,268

)

PROVISIONS FOR LIABILITIES (52,404 ) (34,791 )
NET ASSETS 448,991 205,388

CAPITAL AND RESERVES
Called up share capital 106 106
Retained earnings 448,885 205,282
448,991 205,388

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

BALANCE SHEET - continued
31 JANUARY 2025


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 Board of Directors and authorised for issue on 30 April 2025 and were signed on its behalf by:





J Tolley - Director


FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2025


1. STATUTORY INFORMATION

Foodtest Laboratories Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

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 0, is being amortised evenly over its estimated useful life of nil 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Land and buildings - Straight line over 4 - 12 years
Plant and machinery etc - 25% on reducing balance, 15% on reducing balance and Straight line over 3 years

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


2. ACCOUNTING POLICIES - continued

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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 32 (2024 - 29 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 February 2024
and 31 January 2025 160,000
AMORTISATION
At 1 February 2024
and 31 January 2025 160,000
NET BOOK VALUE
At 31 January 2025 -
At 31 January 2024 -

FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 February 2024 30,927 461,586 492,513
Additions - 225,056 225,056
At 31 January 2025 30,927 686,642 717,569
DEPRECIATION
At 1 February 2024 10,309 343,173 353,482
Charge for year 5,154 39,810 44,964
At 31 January 2025 15,463 382,983 398,446
NET BOOK VALUE
At 31 January 2025 15,464 303,659 319,123
At 31 January 2024 20,618 118,413 139,031

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and
machinery
etc
£   
COST
Additions 158,492
At 31 January 2025 158,492
DEPRECIATION
Charge for year 3,302
At 31 January 2025 3,302
NET BOOK VALUE
At 31 January 2025 155,190

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 591,330 436,096
Other debtors 306,316 155,344
897,646 591,440

FOODTEST LABORATORIES LIMITED (REGISTERED NUMBER: 05309728)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2025


7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Bank loans and overdrafts 73,984 73,981
Hire purchase contracts 26,303 702
Trade creditors 307,722 229,491
Taxation and social security 137,610 37,330
Other creditors 8,184 15,675
553,803 357,179

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2025 2024
£    £   
Bank loans 242,211 315,268
Hire purchase contracts 118,751 -
360,962 315,268

9. SECURED DEBTS

The following secured debts are included within creditors:

2025 2024
£    £   
Hire purchase contracts 145,054 -

Hire Purchase contracts are secured over the relevant asset.