1 January 2024 false Taxfiler 2024.6 09806047business:PrivateLimitedCompanyLtd2024-01-012024-12-31 098060472023-12-31 098060472024-01-012024-12-31 09806047business:AuditExemptWithAccountantsReport2024-01-012024-12-31 09806047business:FilletedAccounts2024-01-012024-12-31 098060472024-12-31 09806047business:Director12024-01-012024-12-31 09806047business:Director22024-01-012024-12-31 09806047business:Director32024-01-012024-12-31 09806047business:RegisteredOffice2024-01-012024-12-31 098060472023-12-31 09806047core:WithinOneYear2024-12-31 09806047core:WithinOneYear2023-12-31 09806047core:AfterOneYear2024-12-31 09806047core:AfterOneYear2023-12-31 09806047core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 09806047core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 09806047core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 09806047core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 09806047core:PreviouslyStatedAmount2024-12-31 09806047core:PreviouslyStatedAmount2023-12-31 09806047business:SmallEntities2024-01-012024-12-31 09806047countries:EnglandWales2024-01-012024-12-31 09806047core:PlantMachinery2024-01-012024-12-31 09806047core:FurnitureFittings2024-01-012024-12-31 09806047core:Goodwill2023-12-31 09806047core:Goodwill2024-12-31 09806047core:Goodwill2024-01-012024-12-31 09806047core:FurnitureFittings2023-12-31 09806047core:FurnitureFittings2024-12-31 09806047core:AfterOneYear2024-01-012024-12-31 098060472023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. 09806047 (England and Wales)
Fast Food Experts Ltd Unaudited accounts for the year ended 31 December 2024
Fast Food Experts Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Fast Food Experts Ltd Company Information for the year ended 31 December 2024
Directors
Gokul Viswalingam Vanamoorthy Lingam Benson Anand Arokiadoss
Company Number
09806047 (England and Wales)
Registered Office
365 Benton Road Newcastle Upon Tyne NE7 7EE England
Accountants
Adam & Co Accountancy Ltd Chartered Certified Accountants 1 Edmund Street Bradford West Yorkshire BD5 0BH
- 3 -
Fast Food Experts Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
38,207 
44,964 
Tangible assets
5
34,530 
40,055 
Investments
6
40,000 
40,000 
112,737 
125,019 
Current assets
Inventories
4,240 
4,541 
Cash at bank and in hand
(6,282)
2,605 
(2,042)
7,146 
Creditors: amounts falling due within one year
7
(3,239)
(18,785)
Net current liabilities
(5,281)
(11,639)
Total assets less current liabilities
107,456 
113,380 
Creditors: amounts falling due after more than one year
8
(100,135)
(100,135)
Net assets
7,321 
13,245 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
7,221 
13,145 
Shareholders' funds
7,321 
13,245 
For the year ending 31 December 2024 the company was entitled to exemption from audit 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 18 July 2025 and were signed on its behalf by
Gokul Viswalingam Director Company Registration No. 09806047
- 4 -
Fast Food Experts Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
Fast Food Experts Ltd is a private company, limited by shares, registered in England and Wales, registration number 09806047. The registered office is 365 Benton Road, Newcastle Upon Tyne, NE7 7EE, England.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% straight line
Fixtures & fittings
10% straight line
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Goodwill is being written off in equal annual instalments over its estimated economic life of 10 years.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 January 2024
67,468 
At 31 December 2024
67,468 
Amortisation
At 1 January 2024
22,504 
Charge for the year
6,757 
At 31 December 2024
29,261 
Net book value
At 31 December 2024
38,207 
At 31 December 2023
44,964 
- 5 -
Fast Food Experts Ltd Notes to the Accounts for the year ended 31 December 2024
5
Tangible fixed assets
Fixtures & fittings 
£ 
Cost or valuation
At cost 
At 1 January 2024
84,255 
At 31 December 2024
84,255 
Depreciation
At 1 January 2024
44,200 
Charge for the year
5,525 
At 31 December 2024
49,725 
Net book value
At 31 December 2024
34,530 
At 31 December 2023
40,055 
6
Investments
Other investments 
£ 
Valuation at 1 January 2024
40,000 
Valuation at 31 December 2024
40,000 
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Taxes and social security
3,239 
18,785 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Loans from directors
100,135 
100,135 
This is the unsecured loan made to purchase a Subway franchise and was advanced to company by the directors. This loan is subordinated in favour of third party creditors and the suppliers of agreement between the directors and the company. The full terms and conditions of this loan are available in a separate loan agreement between the directors and the company.
9
Transactions with related parties
Other creditors due after 1 year: The directors have loaned the company funds because they wish to grow the company by acquiring other similar businesses. The loans are interest free to the company and repayable once the company has sufficient funds.
10
Average number of employees
During the year the average number of employees was 20 (2023: 23).
- 6 -