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REGISTERED NUMBER: 06687877 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 AUGUST 2024

FOR

INSIDE FOODSERVICE LIMITED

INSIDE FOODSERVICE LIMITED (REGISTERED NUMBER: 06687877)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


INSIDE FOODSERVICE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 AUGUST 2024







DIRECTOR: P C Martin





REGISTERED OFFICE: 204 Meersbrook Works
Valley Road
Sheffield
S8 9FT





REGISTERED NUMBER: 06687877 (England and Wales)





ACCOUNTANTS: Marriott Gibbs Rees Wallis Limited
Chartered Certified Accountants
First Floor
Unit 4, Broadfield Court
Sheffield
South Yorkshire
S8 0XF

INSIDE FOODSERVICE LIMITED (REGISTERED NUMBER: 06687877)

BALANCE SHEET
31 AUGUST 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 60,013 -

CURRENT ASSETS
Debtors 5 3,844,236 3,645,549
Cash at bank 49,535 9,946
3,893,771 3,655,495
CREDITORS
Amounts falling due within one year 6 641,896 557,013
NET CURRENT ASSETS 3,251,875 3,098,482
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,311,888

3,098,482

CREDITORS
Amounts falling due after more than one
year

7

(45,661

)

-

PROVISIONS FOR LIABILITIES (17,690 ) -
NET ASSETS 3,248,537 3,098,482

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 10 3,248,437 3,098,382
SHAREHOLDERS' FUNDS 3,248,537 3,098,482

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

INSIDE FOODSERVICE LIMITED (REGISTERED NUMBER: 06687877)

BALANCE SHEET - continued
31 AUGUST 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 15 July 2025 and were signed by:





P C Martin - Director


INSIDE FOODSERVICE LIMITED (REGISTERED NUMBER: 06687877)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 AUGUST 2024

1. STATUTORY INFORMATION

Inside Foodservice 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover
Turnover represents net invoiced sales of food consultancy services, excluding value added tax.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Hire purchase and leasing commitments
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 7 (2023 - 6 ) .

INSIDE FOODSERVICE LIMITED (REGISTERED NUMBER: 06687877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
Additions 61,290
At 31 August 2024 61,290
DEPRECIATION
Charge for year 1,277
At 31 August 2024 1,277
NET BOOK VALUE
At 31 August 2024 60,013

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Amounts owed by group undertakings 3,801,133 3,631,133
Other debtors 43,103 14,416
3,844,236 3,645,549

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 11,658 -
Trade creditors - 1,200
Corporation tax 128,650 66,148
Social security and other taxes 7,250 2,054
VAT 36,603 60,359
Other creditors 352 352
Accruals and deferred income 457,383 426,900
641,896 557,013

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Hire purchase contracts (see note 8) 45,661 -

INSIDE FOODSERVICE LIMITED (REGISTERED NUMBER: 06687877)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 AUGUST 2024

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

2024 2023
£    £   
Net obligations repayable:
Within one year 11,658 -
Between one and five years 45,661 -
57,319 -

9. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Hire purchase contracts 57,319 -

Hire purchase contracts are secured on the assets acquired under those agreements.

10. RESERVES
Retained
earnings
£   

At 1 September 2023 3,098,382
Profit for the year 209,055
Dividends (59,000 )
At 31 August 2024 3,248,437

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 August 2024 and 31 August 2023:

2024 2023
£    £   
P C Martin
Balance outstanding at start of year 679 5,746
Amounts advanced 90,993 679
Amounts repaid (49,298 ) (5,746 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 42,374 679

12. ULTIMATE CONTROLLING PARTY

The company's ultimate and immediate parent is Inside Food Limited, incorporated in the United Kingdom.