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Company Registration No. 07995704 (England and Wales)
BRITEX FOODS LIMITED Unaudited accounts for the year ended 30 September 2024
BRITEX FOODS LIMITED Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
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BRITEX FOODS LIMITED Company Information for the year ended 30 September 2024
Directors
Kulangaraparampu Mathew Antony Unni Tom George
Company Number
07995704 (England and Wales)
Registered Office
Office 3 Billingsgate Market Trafalgar Way London England E14 5ST
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BRITEX FOODS LIMITED Statement of financial position as at 30 September 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
4
5,370 
6,712 
Tangible assets
5
68,022 
71,929 
73,392 
78,641 
Current assets
Inventories
138,398 
160,850 
Debtors
6
448,087 
379,072 
Cash at bank and in hand
53,788 
190,226 
640,273 
730,148 
Creditors: amounts falling due within one year
7
(284,709)
(360,258)
Net current assets
355,564 
369,890 
Total assets less current liabilities
428,956 
448,531 
Creditors: amounts falling due after more than one year
8
(34,486)
(88,410)
Net assets
394,470 
360,121 
Capital and reserves
Called up share capital
30 
30 
Profit and loss account
394,440 
360,091 
Shareholders' funds
394,470 
360,121 
For the year ending 30 September 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 10 July 2025 and were signed on its behalf by
Unni Tom George Director Company Registration No. 07995704
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BRITEX FOODS LIMITED Notes to the Accounts for the year ended 30 September 2024
1
Statutory information
BRITEX FOODS LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07995704. The registered office is Office 3 Billingsgate Market, Trafalgar Way, London, England, E14 5ST.
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
20%
Motor vehicles
20%
Fixtures & fittings
20%
Computer equipment
20%
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
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BRITEX FOODS LIMITED Notes to the Accounts for the year ended 30 September 2024
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 October 2023
29,395 
At 30 September 2024
29,395 
Amortisation
At 1 October 2023
22,683 
Charge for the year
1,342 
At 30 September 2024
24,025 
Net book value
At 30 September 2024
5,370 
At 30 September 2023
6,712 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Computer equipment 
Total 
£ 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At cost 
At 1 October 2023
1,279 
84,135 
37,227 
3,624 
126,265 
Additions
- 
10,600 
- 
- 
10,600 
At 30 September 2024
1,279 
94,735 
37,227 
3,624 
136,865 
Depreciation
At 1 October 2023
518 
26,440 
25,540 
1,838 
54,336 
Charge for the year
152 
11,661 
2,337 
357 
14,507 
At 30 September 2024
670 
38,101 
27,877 
2,195 
68,843 
Net book value
At 30 September 2024
609 
56,634 
9,350 
1,429 
68,022 
At 30 September 2023
761 
57,695 
11,687 
1,786 
71,929 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
VAT
3,041 
4,534 
Trade debtors
267,376 
251,762 
Other debtors
177,670 
122,776 
448,087 
379,072 
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BRITEX FOODS LIMITED Notes to the Accounts for the year ended 30 September 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
41,242 
40,225 
VAT
7,702 
- 
Obligations under finance leases and hire purchase contracts
15,277 
15,277 
Trade creditors
147,733 
246,412 
Taxes and social security
30,872 
34,018 
Other creditors
1,579 
15,939 
Loans from directors
36,104 
5,787 
Accruals
4,200 
2,600 
284,709 
360,258 
8
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
31,126 
69,775 
Obligations under finance leases and hire purchase contracts
3,360 
18,635 
34,486 
88,410 
9
Average number of employees
During the year the average number of employees was 5 (2023: 4).
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