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Company No: 10939292 (England and Wales)

HOWDAH FOODS & SNACKS LTD

Unaudited Financial Statements
For the financial year ended 30 August 2024
Pages for filing with the registrar

HOWDAH FOODS & SNACKS LTD

Unaudited Financial Statements

For the financial year ended 30 August 2024

Contents

HOWDAH FOODS & SNACKS LTD

STATEMENT OF FINANCIAL POSITION

As at 30 August 2024
HOWDAH FOODS & SNACKS LTD

STATEMENT OF FINANCIAL POSITION (continued)

As at 30 August 2024
Note 30.08.2024 30.08.2023
£ £
Restated - note 2
Fixed assets
Investments 4 100 100
100 100
Current assets
Debtors 5 123,919 125,490
Cash at bank and in hand 12,618 12,620
136,537 138,110
Creditors: amounts falling due within one year 6 ( 4,685) ( 3,703)
Net current assets 131,852 134,407
Total assets less current liabilities 131,952 134,507
Net assets 131,952 134,507
Capital and reserves
Called-up share capital 7 888 888
Share premium account 132,329 132,329
Profit and loss account ( 1,265 ) 1,290
Total shareholders' funds 131,952 134,507

For the financial year ending 30 August 2024 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The financial statements of Howdah Foods & Snacks Ltd (registered number: 10939292) were approved and authorised for issue by the Director on 13 August 2025. They were signed on its behalf by:

Falguni Samir Shah
Director
HOWDAH FOODS & SNACKS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 August 2024
HOWDAH FOODS & SNACKS LTD

NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 August 2024
1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

Howdah Foods & Snacks Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is C/O Bishop Fleming, Salt Quay House 4 North East Quay, Sutton Harbour, Plymouth, PL4 0BN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The director has assessed the Statement of Financial Position and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Group accounts exemption

Group accounts exemption s399
The Company has taken advantage of the exemption under section 399 of the Companies Act 2006 not to prepare consolidated accounts, on the basis that the group of which this is the parent qualifies as a small group. The financial statements present information about the Company as an individual entity and not about its group.

Dividend income

Dividend income from investments is recognised when the shareholders' rights to receive payment have been established (provided that it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably).

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Statement of Financial Position date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Fixed asset investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are measured at fair value through profit or loss if the shares are publicly traded or their fair value can otherwise be measured reliably. Other investments are measured at cost less impairment.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

2. Prior year adjustment

As previously reported Adjustment As restated
Year ended 30 August 2023 £ £ £
Amounts owed by Group undertakings 112,261 12,500 124,761
Share premium 119,829 12,500 132,329

During the year, it was identified that funds received in respect of the payment of Ordinary shares had been paid to the subsidiary Company and not correctly reflected in the parent Company accounts. The adjustment has been processed to reallocate the funds received, through the Intercompany account, so that the balances can be shown appropriately in Share premium.

3. Employees

Year ended
30.08.2024
Period from
01.09.2022 to
30.08.2023
Number Number
Monthly average number of persons employed by the Company during the year, including the director 1 1

4. Fixed asset investments

Investments in subsidiaries

30.08.2024
£
Cost
At 31 August 2023 100
At 30 August 2024 100
Carrying value at 30 August 2024 100
Carrying value at 30 August 2023 100

5. Debtors

30.08.2024 30.08.2023
£ £
Amounts owed by Group undertakings 117,581 124,761
VAT recoverable 609 0
Other debtors 5,729 729
123,919 125,490

6. Creditors: amounts falling due within one year

30.08.2024 30.08.2023
£ £
Trade creditors 1,562 0
Amounts owed to director 94 94
Accruals 3,029 3,609
4,685 3,703

7. Called-up share capital

30.08.2024 30.08.2023
£ £
Allotted, called-up and fully-paid
88,809 Ordinary shares of £ 0.01 each 888 888

8. Related party transactions

Transactions with the entity's director

30.08.2024 30.08.2023
£ £
Amounts owed to the Director 99 99

The balance due to the Director is interest free and repayable on demand.