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Registered number: 05556890
City Foods (UK) Limited
ABRIDGED Financial Statements
For The Year Ended 31 December 2024
C K R
Chartered Certified Accountants
C K R House
70 East Hill
Dartford
Kent
DA1 1RZ
Contents
Page
Abridged Balance Sheet 1—2
Notes to the Abridged Financial Statements 3—4
Page 1
Abridged Balance Sheet
Registered number: 05556890
2024 2023
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 5 29,597 11,123
29,597 11,123
CURRENT ASSETS
Stocks 7,845 4,675
Debtors 196,437 218,938
Investments 250 250
Cash at bank and in hand 67,499 45,414
272,031 269,277
Creditors: Amounts Falling Due Within One Year (169,674 ) (121,356 )
NET CURRENT ASSETS (LIABILITIES) 102,357 147,921
TOTAL ASSETS LESS CURRENT LIABILITIES 131,954 159,044
Creditors: Amounts Falling Due After More Than One Year (13,315 ) (22,122 )
NET ASSETS 118,639 136,922
CAPITAL AND RESERVES
Called up share capital 6 600 600
Profit and Loss Account 118,039 136,322
SHAREHOLDERS' FUNDS 118,639 136,922
Page 1
Page 2
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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
All of the company's members have consented to the preparation of an Abridged Profit and Loss Account and an Abridged Balance Sheet for the year end 31 December 2024 in accordance with section 444(2A) of the Companies Act 2006.
On behalf of the board
Mr H S Thind Esq
Director
26 September 2025
The notes on pages 3 to 4 form part of these financial statements.
Page 2
Page 3
Notes to the Abridged Financial Statements
1. General Information
City Foods (UK) Limited Registered number 05556890 is a limited by shares company incorporated in England & Wales. The Registered Office is CKR House, 70 East Hill, Dartford, Kent, DA1 1RZ.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to profit and loss account over its estimated economic life of 10 years.
2.4. Tangible Fixed Assets and Depreciation
Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Leasehold 7 years
Plant & Machinery 20% reducing balance basis
Fixtures & Fittings 20% reducing balance basis
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 8 (2023: 6)
8 6
Page 3
Page 4
4. Intangible Assets
Total
£
Cost
As at 1 January 2024 631,500
As at 31 December 2024 631,500
Amortisation
As at 1 January 2024 631,500
As at 31 December 2024 631,500
Net Book Value
As at 31 December 2024 -
As at 1 January 2024 -
5. Tangible Assets
Total
£
Cost
As at 1 January 2024 68,793
Additions 25,873
As at 31 December 2024 94,666
Depreciation
As at 1 January 2024 57,670
Provided during the period 7,399
As at 31 December 2024 65,069
Net Book Value
As at 31 December 2024 29,597
As at 1 January 2024 11,123
6. Share Capital
2024 2023
Allotted, called up and fully paid £ £
600 Ordinary Shares of £ 1 each 600 600
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