1 May 2024 v2025.24.1 limited_company_frs_102_section_1a_v1_1_2 companies_houseSoftwarefalsetruetruetrueNo description of principal activityfalsetruexbrli:purexbrli:sharesiso4217:GBP147779472024-05-012025-04-30147779472025-04-30147779472024-04-3014777947core:WithinOneYear2025-04-3014777947core:WithinOneYear2024-04-3014777947core:AfterOneYear2025-04-3014777947core:ShareCapital2025-04-3014777947core:ShareCapital2024-04-3014777947core:RetainedEarningsAccumulatedLosses2025-04-3014777947core:RetainedEarningsAccumulatedLosses2024-04-3014777947bus:Director12024-05-012025-04-3014777947bus:RegisteredOffice2024-05-012025-04-30147779472023-04-032024-04-3014777947core:PlantMachinery2024-05-0114777947core:PlantMachinery2024-05-012025-04-3014777947core:PlantMachinery2025-04-3014777947core:PlantMachinery2024-04-301477794712024-05-012025-04-3014777947countries:EnglandWales2024-05-012025-04-3014777947bus:AuditExemptWithAccountantsReport2024-05-012025-04-3014777947bus:PrivateLimitedCompanyLtd2024-05-012025-04-3014777947bus:SmallEntities2024-05-012025-04-3014777947bus:FullAccounts2024-05-012025-04-30
Company registration number:
14777947
Myfood365 Ltd
Unaudited Filleted Financial Statements for the year ended
30 April 2025
Myfood365 Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Myfood365 Ltd
Year ended
30 April 2025
As described on the statement of financial position, the Board of Directors of
Myfood365 Ltd
are responsible for the preparation of the
financial statements
for the year ended
30 April 2025
, which comprise the income statement, statement of financial position, statement of changes in equity and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions I have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to me.
Fox Accountants
32 The Grates
Oxford
OX4 3LJ
United Kingdom
Date:
7 May 2025
Myfood365 Ltd
Statement of Financial Position
30 April 2025
20252024
Note££
Fixed assets    
Tangible assets 5
114,461
 
86,147
 
Current assets    
Stocks
50,000
 
60,000
 
Debtors 6 -  
16,203
 
Cash at bank and in hand
1,702
 
6,680
 
51,702
 
82,883
 
Creditors: amounts falling due within one year 7
(97,587
)
(149,315
)
Net current liabilities
(45,885
)
(66,432
)
Total assets less current liabilities 68,576   19,715  
Creditors: amounts falling due after more than one year 8
(32,888
) -  
Net assets
35,688
 
19,715
 
Capital and reserves    
Called up share capital
100
 
100
 
Profit and loss account
35,588
 
19,615
 
Shareholders funds
35,688
 
19,715
 
For the year ending
30 April 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:
  • The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
  • The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.
These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
7 May 2025
, and are signed on behalf of the board by:
Ms Peiyun Xuan
Director
Company registration number:
14777947
Myfood365 Ltd
Notes to the Financial Statements
Year ended
30 April 2025

1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
188 Cowley Road
,
Oxford
,
OX4 1UE
, England.

2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

3 Accounting policies

Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

4 Average number of employees

The average number of persons employed by the company during the year was
5
(2024:
5.00
).

5 Tangible assets

Plant and machinery etc.
£
Cost  
At
1 May 2024
105,057
 
Additions
53,440
 
At
30 April 2025
158,497
 
Depreciation  
At
1 May 2024
18,910
 
Charge
25,126
 
At
30 April 2025
44,036
 
Carrying amount  
At
30 April 2025
114,461
 
At 30 April 2024
86,147
 

6 Debtors

20252024
££
Trade debtors -  
16,203
 

7 Creditors: amounts falling due within one year

20252024
££
Taxation and social security
38,811
 
35,366
 
Other creditors
58,776
 
113,949
 
97,587
 
149,315
 

8 Creditors: amounts falling due after more than one year

20252024
££
Trade creditors
32,888
  -