REGISTERED NUMBER: 06048144 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

FLAVOUR MASTER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

Mr A Hulme

REGISTERED OFFICE:

Unit 17d

Cinnamon Brow Business Park

Makerfield Way

Ince In Makerfield

Wigan

WN2 2PR

REGISTERED NUMBER:

06048144 (England and Wales)

ACCOUNTANTS:

BTMR Limited

Century Buildings

14 St Mary's Parsonage

Manchester

M3 2DF

BANKERS:

Natwest

Bolton Branch

24 Deansgate

Bolton

Lancashire

BL1 1BN

FIXED ASSETS

Intangible assets

4

8,500

12,750

Tangible assets

5

28,069

20,391

36,569

33,141

CURRENT ASSETS

Stocks

135,393

122,918

Debtors

6

78,529

49,735

Cash at bank and in hand

23,908

30,535

237,830

203,188

CREDITORS

Amounts falling due within one year

7

81,486

64,449

NET CURRENT ASSETS

156,344

138,739

TOTAL ASSETS LESS CURRENT LIABILITIES

192,913

171,880

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

192,813

171,780

SHAREHOLDERS' FUNDS

192,913

171,880

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 September 2025 and were signed by:

Mr A Hulme - Director

1.	STATUTORY INFORMATION

Flavour Master 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 accounted for as revenue when, and to the extent that, the company obtains a right to consideration in exchange for its performance of its obligations under the sales contract with the customer. The amount reported as revenue is the fair value of the right to consideration - usually the price specified in the contractual arrangement net of discounts and net of VAT, and after any allowance for credit risk and other uncertainties.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2007, is being amortised evenly over its estimated useful life of twenty 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 the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

33% on cost

Tangible fixed assets are initially recorded at cost.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments

Financial instruments are classified and accounted for, according to the substance of the contractual contact that evidences a residual interest in the assets of the company after deducting all of its liabilities.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

85,000

AMORTISATION

At 1 April 2024

72,250

Charge for year

4,250

At 31 March 2025

76,500

NET BOOK VALUE

At 31 March 2025

8,500

At 31 March 2024

12,750

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

57,208

16,632

12,677

3,170

89,687

Additions

1,580

-

12,750

1,123

15,453

Disposals

-

-

(10,750

)

-

(10,750

)

At 31 March 2025

58,788

16,632

14,677

4,293

94,390

DEPRECIATION

At 1 April 2024

41,476

13,083

11,567

3,170

69,296

Charge for year

2,596

533

3,196

374

6,699

Eliminated on disposal

-

-

(9,674

)

-

(9,674

)

At 31 March 2025

44,072

13,616

5,089

3,544

66,321

NET BOOK VALUE

At 31 March 2025

14,716

3,016

9,588

749

28,069

At 31 March 2024

15,732

3,549

1,110

-

20,391

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

77,552

48,769

Other debtors

977

966

78,529

49,735

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

32,729

25,582

Taxation and social security

18,836

7,421

Other creditors

29,921

31,446

81,486

64,449