1 November 2023 false No description of principal activity Taxfiler 2024.6 12277869 business:PrivateLimitedCompanyLtd 2023-11-01 2024-10-31 12277869 2023-10-31 12277869 2023-11-01 2024-10-31 12277869 business:AuditExemptWithAccountantsReport 2023-11-01 2024-10-31 12277869 business:FilletedAccounts 2023-11-01 2024-10-31 12277869 2024-10-31 12277869 business:Director1 2023-11-01 2024-10-31 12277869 business:RegisteredOffice 2023-11-01 2024-10-31 12277869 2023-10-31 12277869 core:WithinOneYear 2024-10-31 12277869 core:WithinOneYear 2023-10-31 12277869 core:AfterOneYear 2024-10-31 12277869 core:AfterOneYear 2023-10-31 12277869 core:ShareCapital core:PreviouslyStatedAmount 2024-10-31 12277869 core:ShareCapital core:PreviouslyStatedAmount 2023-10-31 12277869 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2024-10-31 12277869 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2023-10-31 12277869 core:PreviouslyStatedAmount 2024-10-31 12277869 core:PreviouslyStatedAmount 2023-10-31 12277869 business:SmallEntities 2023-11-01 2024-10-31 12277869 countries:EnglandWales 2023-11-01 2024-10-31 12277869 core:PlantMachinery 2023-11-01 2024-10-31 12277869 core:MotorVehicles 2023-11-01 2024-10-31 12277869 core:FurnitureFittings 2023-11-01 2024-10-31 12277869 core:ComputerEquipment 2023-11-01 2024-10-31 12277869 core:Goodwill 2023-10-31 12277869 core:Goodwill 2024-10-31 12277869 core:Goodwill 2023-11-01 2024-10-31 12277869 core:PlantMachinery 2023-10-31 12277869 core:FurnitureFittings 2023-10-31 12277869 core:PlantMachinery 2024-10-31 12277869 core:FurnitureFittings 2024-10-31 12277869 2022-11-01 2023-10-31 iso4217:GBP xbrli:pure
Company Registration No. 12277869 (England and Wales)
TAROS FOODS LTD Unaudited accounts for the year ended 31 October 2024
TAROS FOODS LTD Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
TAROS FOODS LTD Company Information for the year ended 31 October 2024
Director
Appukutti Arachchige Don Pramakumara
Company Number
12277869 (England and Wales)
Registered Office
261 MAIN STREET BULWELL NOTTINGHAM NG6 8EZ UNITED KINGDOM
- 3 -
TAROS FOODS LTD Statement of financial position as at 31 October 2024
2024
2023
Notes
£
£
Fixed assets
Intangible assets
4
2,000
2,400
Tangible assets
5
11,927
14,909
13,927
17,309
Current assets
Inventories
2,075
1,105
Debtors
6
446
446
Cash at bank and in hand
12,615
13,673
15,136
15,224
Creditors: amounts falling due within one year
7
(25,204)
(7,098)
Net current (liabilities)/assets
(10,068)
8,126
Total assets less current liabilities
3,859
25,435
Creditors: amounts falling due after more than one year
8
(17,894)
(24,421)
Net (liabilities)/assets
(14,035)
1,014
Capital and reserves
Called up share capital
1
1
Profit and loss account
(14,036)
1,013
Shareholders' funds
(14,035)
1,014
For the year ending 31 October 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 21 July 2025 and were signed on its behalf by
Appukutti Arachchige Don Pramakumara Director Company Registration No. 12277869
- 4 -
TAROS FOODS LTD Notes to the Accounts for the year ended 31 October 2024
1
Statutory information
TAROS FOODS LTD is a private company, limited by shares, registered in England and Wales, registration number 12277869. The registered office is 261 MAIN STREET, BULWELL, NOTTINGHAM, NG6 8EZ, UNITED KINGDOM.
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.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation. Amortisation over the period of 10 years
Tangible fixed assets and depreciation
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
Plant & machinery - 20% on reducing balance method
Motor vehicles
Motor Vehicle -20% on reducing balance method
Fixtures & fittings
Furniture - 20% on reducing balance method
Computer equipment
Equipment - 20% on reducing balance method
- 5 -
TAROS FOODS LTD Notes to the Accounts for the year ended 31 October 2024
4
Intangible fixed assets
Goodwill
£
Cost
At 1 November 2023
4,000
At 31 October 2024
4,000
Amortisation
At 1 November 2023
1,600
Charge for the year
400
At 31 October 2024
2,000
Net book value
At 31 October 2024
2,000
At 31 October 2023
2,400
5
Tangible fixed assets
Plant & machinery
Fixtures & fittings
Total
£
£
£
Cost or valuation
At cost
At cost
At 1 November 2023
34,230
1,500
35,730
At 31 October 2024
34,230
1,500
35,730
Depreciation
At 1 November 2023
19,935
886
20,821
Charge for the year
2,859
123
2,982
At 31 October 2024
22,794
1,009
23,803
Net book value
At 31 October 2024
11,436
491
11,927
At 31 October 2023
14,295
614
14,909
6
Debtors
2024
2023
£
£
Amounts falling due within one year
Trade debtors
376
376
Other debtors
70
70
446
446
7
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
4,269
1,913
Other creditors
20,935
5,185
25,204
7,098
- 6 -
TAROS FOODS LTD Notes to the Accounts for the year ended 31 October 2024
8
Creditors: amounts falling due after more than one year
2024
2023
£
£
Bank loans
17,894
24,421
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).
- 7 -