REGISTERED NUMBER: 04322992 (England and Wales)

Report of the Directors and

Unaudited Financial Statements for the Year Ended 31 December 2024

for

York Food Festival

Page

Company Information

1

Report of the Directors

2

Income Statement

3

Balance Sheet

4

Notes to the Financial Statements

6

DIRECTORS:

M F Hjort

Miss S J True

SECRETARY:

M F Hjort

REGISTERED OFFICE:

25 Walmgate

York

YO1 9TX

REGISTERED NUMBER:

04322992 (England and Wales)

ACCOUNTANTS:

KLB ACCOUNTS LIMITED

3 Saxon Lane

Belton

Doncaster

DN9 1SZ

The directors present their report with the financial statements of the company for the year ended 31 December 2024.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2024 to the date of this report.

M F Hjort

Miss S J True

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

M F Hjort - Director

17 September 2025

TURNOVER

174,440

134,036

Cost of sales

114,025

96,068

GROSS SURPLUS

60,415

37,968

Administrative expenses

50,077

35,361

OPERATING SURPLUS

4

10,338

2,607

Interest receivable and similar income

61

-

SURPLUS BEFORE TAXATION

10,399

2,607

Tax on surplus

12

-

SURPLUS FOR THE FINANCIAL YEAR

10,387

2,607

FIXED ASSETS

Tangible assets

5

253

506

CURRENT ASSETS

Debtors

6

3,718

8,398

Cash at bank

463

1,660

4,181

10,058

CREDITORS

Amounts falling due within one year

7

16,940

28,955

NET CURRENT LIABILITIES

(12,759

)

(18,897

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(12,506

)

(18,391

)

CREDITORS

Amounts falling due after more than one year

8

19,127

23,629

NET LIABILITIES

(31,633

)

(42,020

)

RESERVES

Income and expenditure account

(31,633

)

(42,020

)

(31,633

)

(42,020

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 surplus or deficit 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 in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the Board of Directors and authorised for issue on 17 September 2025 and were signed on its behalf by:

M F Hjort - Director

1.	STATUTORY INFORMATION

York Food Festival is a private company, limited by guarantee , 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 measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2023 - 4 ) .

4.	OPERATING SURPLUS

The operating surplus is stated after charging:

Period

1.4.23

Year Ended

to

31.12.24

31.12.23

£

£

Depreciation - owned assets

253

252

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

and 31 December 2024

1,011

DEPRECIATION

At 1 January 2024

505

Charge for year

253

At 31 December 2024

758

NET BOOK VALUE

At 31 December 2024

253

At 31 December 2023

506

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

16

432

Other debtors

3,702

7,966

3,718

8,398

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

13,898

-

Trade creditors

318

24,393

Taxation and social security

14

2

Other creditors

2,710

4,560

16,940

28,955

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

19,127

23,629