REGISTERED NUMBER: 11936554 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Fresh Food Impex UK Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

G Ghita

SECRETARY:

MYUKOFFICE LTD

REGISTERED OFFICE:

Westwood House

Annie Med Lane

South Cave

East Yorkshire

HU15 2HG

REGISTERED NUMBER:

11936554 (England and Wales)

AUDITORS:

Try Lunn & Co

Chartered Accountants

and Statutory Auditors

Roland House

Princes Dock Street

HULL HU1 2LD

CURRENT ASSETS

Debtors

4

3,005,371

3,605,115

Cash at bank

39,863

49,123

3,045,234

3,654,238

CREDITORS

Amounts falling due within one year

5

2,983,238

3,558,057

NET CURRENT ASSETS

61,996

96,181

TOTAL ASSETS LESS CURRENT LIABILITIES

61,996

96,181

CAPITAL AND RESERVES

Called up share capital

6

100

100

Retained earnings

7

61,896

96,081

SHAREHOLDERS' FUNDS

61,996

96,181

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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 September 2025 and were signed by:

G Ghita - Director

1.	STATUTORY INFORMATION

Fresh Food Impex UK Ltd 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.

The company is dependent on the continued financial support of its immediate parent company Fresh Food D.F. NV and a factoring facility with its bankers BNP Paribas. The Directors of Fresh Food D.F. NV have agreed to continue to provide financial support to ensure that the company is able to continue to trade as a going concern for the foreseeable future. In addition the Directors expect to operate within the terms of the factoring facility. On this basis the financial statements have been prepared on the going concern basis.

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 in respect of goods sold is recognised when the goods have been delivered to the customer.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

3,004,251

3,599,881

Other debtors

1,120

5,234

3,005,371

3,605,115

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Financing of trade debtors

2,219,882

1,825,773

Trade creditors

63,443

323,457

Amounts owed to group undertakings

690,874

1,392,513

Taxation and social security

-

9,163

Other creditors

9,039

7,151

2,983,238

3,558,057

6.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

100

Ordinary

£1

100

100

7.

RESERVES

Retained

earnings

£

At 1 January 2024

96,081

Deficit for the year

(34,185

)

At 31 December 2024

61,896

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Andrew Ewart FCA FCCA (Senior Statutory Auditor)

for and on behalf of Try Lunn & Co

9.	RELATED PARTY DISCLOSURES

During the year the company purchased goods on normal commercial terms totalling £32,395,736 (2023: £33,736,657) from its immediate parent company.

During the year the company recharged costs of £382,853 (2023: £203,525) to its immediate parent company.

At the balance sheet date the company owed an amount of £690,874 (2023: £1,392,513) to its immediate parent company. This amount is interest free and repayable on demand.

10.	ULTIMATE CONTROLLING PARTY

The company's immediate parent company is Fresh Food D.F.N.V, a company incorporated in Belgium.

The company's ultimate controlling party is Happy Food Family BV, a company incorporated in Belgium.