LECLERC FOODS UK LIMITED

Company Registration Number:
13303085 (England and Wales)

Unaudited statutory accounts for the year ended 28 September 2024

Period of accounts

Start date: 1 October 2023

End date: 28 September 2024

LECLERC FOODS UK LIMITED

Contents of the Financial Statements

for the Period Ended 28 September 2024

Directors report
Profit and loss
Balance sheet
Additional notes
Balance sheet notes

LECLERC FOODS UK LIMITED

Directors' report period ended 28 September 2024

The directors present their report with the financial statements of the company for the period ended 28 September 2024

Principal activities of the company

The principal activities of the company are the importation and sale of breakfast cereals and ceral-based food.

Political and charitable donations

The Company made no disclosable political donations or incurred any disclosable political expenditure during the year.



Directors

The director shown below has held office during the whole of the period from
1 October 2023 to 28 September 2024

Jean-Sebastien Leclerc


The above report has been prepared in accordance with the special provisions in part 15 of the Companies Act 2006

This report was approved by the board of directors on
27 January 2025

And signed on behalf of the board by:
Name: Jean-Sebastien Leclerc
Status: Director

LECLERC FOODS UK LIMITED

Profit And Loss Account

for the Period Ended 28 September 2024

2024 2023


£

£
Turnover: 6,680,095 7,815,863
Cost of sales: ( 6,109,524 ) ( 7,159,401 )
Gross profit(or loss): 570,571 656,462
Distribution costs: ( 465,105 ) ( 518,049 )
Operating profit(or loss): 105,466 138,413
Profit(or loss) before tax: 105,466 138,413
Tax: ( 26,323 ) ( 30,981 )
Profit(or loss) for the financial year: 79,143 107,432

LECLERC FOODS UK LIMITED

Balance sheet

As at 28 September 2024

Notes 2024 2023


£

£
Current assets
Stocks: 3 518,599 1,709,729
Debtors: 4 885,057 1,533,699
Cash at bank and in hand: 262,683 165,369
Total current assets: 1,666,339 3,408,797
Creditors: amounts falling due within one year: 5 ( 1,389,961 ) ( 3,211,562 )
Net current assets (liabilities): 276,378 197,235
Total assets less current liabilities: 276,378 197,235
Total net assets (liabilities): 276,378 197,235
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 276,278 197,135
Total Shareholders' funds: 276,378 197,235

The notes form part of these financial statements

LECLERC FOODS UK LIMITED

Balance sheet statements

For the year ending 28 September 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 27 January 2025
and signed on behalf of the board by:

Name: Jean-Sebastien Leclerc
Status: Director

The notes form part of these financial statements

LECLERC FOODS UK LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 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

    Turnover policy

    Turnover arises from the importation and distribution of breakfast cereals and cereal based foods and from activities undertaken wholly within the United Kingdom.

    Other accounting policies

    Basis of preparation The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Liquidity resources Liquid resources comprise deposits held by recognised banks and building societies. Judgements and key sources of estimation uncertainty The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances. Revenue recognition Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, 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. Income tax The tax expense represents the sum of the tax currently payable and deferred tax. Current tax Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The Company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date. Deferred tax Deferred tax is calculated at the tax rates that are expected to apply to the period when the asset is realised or the liability is settled based on tax rates that have been enacted or substantively enacted by the reporting date. Deferred tax is not discounted. Deferred tax liabilities are recognised in respect of all timing differences that exist at the reporting date. Timing differences are differences between taxable profits and total comprehensive income that arise from the inclusion of income and expenses in tax assessments in different periods from their recognition in the financial statements. Deferred tax assets are recognised only to the extent that it is probable that they will be recovered by the reversal of deferred tax liabilities or other future taxable profits. Current and deferred tax is charged or credited in profit or loss, except when it relates to items charged or credited to other comprehensive income or equity, when the tax follows the transaction or event it relates to and is also charged or credited to other comprehensive income. Current tax assets and current tax liabilities and deferred tax assets and deferred tax liabilities are offset, if and only if, there is a legally enforceable right to set off the amounts and the entity intends either to settle on a net basis or to realise the asset and settle the liability simultaneously. Stocks Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Going concern The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence for the foreseeable future. Cash flow statement exemption The Company has availed of the exemption contained in Section 1A of FRS 102 and has elected not to prepare a cash flow statement or its related notes.

LECLERC FOODS UK LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

  • 2. Employees

    2024 2023
    Average number of employees during the period 1 1

    The aggregate payroll costs incurred during the year, relating to the above, were: Wages and salaries Year ended 30 September 2023 £65,639 Year ended 28 September 2023 £69,774

LECLERC FOODS UK LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

3. Stocks

2024 2023
£ £
Stocks 518,599 1,709,729
Total 518,599 1,709,729

LECLERC FOODS UK LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

4. Debtors

2024 2023
£ £
Trade debtors 885,057 1,533,699
Total 885,057 1,533,699

LECLERC FOODS UK LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

5. Creditors: amounts falling due within one year note

2024 2023
£ £
Trade creditors 41,070 38,629
Taxation and social security 88,769 174,084
Accruals and deferred income 142,138 101,433
Other creditors 1,117,984 2,897,416
Total 1,389,961 3,211,562

LECLERC FOODS UK LIMITED

Notes to the Financial Statements

for the Period Ended 28 September 2024

6. Financial Commitments

There are no contingencies and commitments as at 28 September 2024.