1 January 2024 false No description of principal activity Taxfiler 2024.6 NI610581business:PrivateLimitedCompanyLtd2024-01-012024-12-31 NI6105812023-12-31 NI6105812024-01-012024-12-31 NI610581business:AuditExemptWithAccountantsReport2024-01-012024-12-31 NI610581business:FilletedAccounts2024-01-012024-12-31 NI6105812024-12-31 NI610581business:Director12024-01-012024-12-31 NI610581business:RegisteredOffice2024-01-012024-12-31 NI6105812023-12-31 NI610581core:WithinOneYear2024-12-31 NI610581core:WithinOneYear2023-12-31 NI610581core:AfterOneYear2024-12-31 NI610581core:AfterOneYear2023-12-31 NI610581core:ShareCapitalcore:PreviouslyStatedAmount2024-12-31 NI610581core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 NI610581core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-12-31 NI610581core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 NI610581core:PreviouslyStatedAmount2024-12-31 NI610581core:PreviouslyStatedAmount2023-12-31 NI610581business:SmallEntities2024-01-012024-12-31 NI610581countries:NorthernIreland2024-01-012024-12-31 NI610581core:PlantMachinery2024-01-012024-12-31 NI610581core:FurnitureFittings2024-01-012024-12-31 NI610581core:LandBuildings2023-12-31 NI610581core:PlantMachinery2023-12-31 NI610581core:FurnitureFittings2023-12-31 NI610581core:LandBuildings2024-01-012024-12-31 NI610581core:LandBuildings2024-12-31 NI610581core:PlantMachinery2024-12-31 NI610581core:FurnitureFittings2024-12-31 NI6105812023-01-012023-12-31 iso4217:GBP xbrli:pure
Company Registration No. NI610581 (Northern Ireland)
NIFoods Ltd Unaudited accounts for the year ended 31 December 2024
NIFoods Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
NIFoods Ltd Company Information for the year ended 31 December 2024
Director
John Roche
Company Number
NI610581 (Northern Ireland)
Registered Office
25 MAIN STREET KINAWLEY ENNISKILLEN FERMANAGH BT92 4FH
Accountants
EMC Accountancy 21 Railway Street Belcoo Fermanagh BT93 5FJ
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NIFoods Ltd Statement of financial position as at 31 December 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
4
41,782 
32,982 
Current assets
Inventories
49,500 
49,500 
Debtors
5
- 
50,004 
Cash at bank and in hand
49,163 
7,922 
98,663 
107,426 
Creditors: amounts falling due within one year
6
(56,376)
(118,827)
Net current assets/(liabilities)
42,287 
(11,401)
Total assets less current liabilities
84,069 
21,581 
Creditors: amounts falling due after more than one year
7
(65,000)
- 
Net assets
19,069 
21,581 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
18,969 
21,481 
Shareholders' funds
19,069 
21,581 
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 director acknowledges his 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 and authorised for issue on 25 September 2025 and were signed on its behalf by
John Roche Director Company Registration No. NI610581
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NIFoods Ltd Notes to the Accounts for the year ended 31 December 2024
1
Statutory information
NIFoods Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI610581. The registered office is 25 MAIN STREET, KINAWLEY, ENNISKILLEN, FERMANAGH, BT92 4FH.
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% reducing balance
Fixtures & fittings
20% reducing balance
4
Tangible fixed assets
Land & buildings 
Plant & machinery 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 January 2024
19,751 
35,955 
8,250 
63,956 
Additions
7,270 
6,450 
- 
13,720 
At 31 December 2024
27,021 
42,405 
8,250 
77,676 
Depreciation
At 1 January 2024
- 
23,777 
7,197 
30,974 
Charge for the year
- 
4,710 
210 
4,920 
At 31 December 2024
- 
28,487 
7,407 
35,894 
Net book value
At 31 December 2024
27,021 
13,918 
843 
41,782 
At 31 December 2023
19,751 
12,178 
1,053 
32,982 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
- 
50,004 
- 5 -
NIFoods Ltd Notes to the Accounts for the year ended 31 December 2024
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
27,224 
49,421 
VAT
11,591 
18,992 
Taxes and social security
3,555 
3,832 
Other creditors
8,944 
41,204 
Loans from directors
402 
718 
Accruals
4,660 
4,660 
56,376 
118,827 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
50,000 
- 
Other creditors
15,000 
- 
65,000 
- 
8
Average number of employees
During the year the average number of employees was 22 (2023: 18).
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