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REGISTERED NUMBER: 01370019 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31ST MARCH 2025

FOR

FOODWAY LIMITED

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| FOODWAY LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2025

| DIRECTORS: | K B Patel

| N B Patel

| REGISTERED OFFICE: | 18 Cleveland Gardens

| Worcester Park

| Surrey

| KT4 7JJ

| REGISTERED NUMBER: | 01370019 (England and Wales)

| BANKERS: | Barclays Bank Plc

| P O Box 3

| Croydon

| Surrey

| CR9 1UF

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

BALANCE SHEET

31ST MARCH 2025

| 2025 |  | 2024

| Notes | £ | £ |

FIXED ASSETS

Investment property | 4 | 11,625,000 |  | 12,446,763 |  |

CURRENT ASSETS

Debtors | 5 | 762,868 |  | 572,927 |  |

Cash at bank | 438,727 |  | 206,195 |  |

1,201,595 |  | 779,122 |  |

CREDITORS

Amounts falling due within one year | 6 | (423,079 | ) | (202,385 | ) |

NET CURRENT ASSETS | 778,516 |  | 576,737 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 12,403,516 |  | 13,023,500 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (2,707,656 | ) | (3,012,902 | ) |

PROVISIONS FOR LIABILITIES | 9 | (1,635,840 | ) | (1,793,575 | ) |

NET ASSETS | 8,060,020 |  | 8,217,023 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 10,000 |  | 10,000 |  |

Fair value reserve | 11 | 6,480,190 |  | 7,045,070 |  |

Retained earnings | 11 | 1,569,830 |  | 1,161,953 |  |

SHAREHOLDERS' FUNDS | 8,060,020 |  | 8,217,023 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 profit or loss 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.

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

BALANCE SHEET - continued

31ST MARCH 2025

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 Board of Directors and authorised for issue on 15th October 2025 and were signed on its behalf by:

K B Patel - Director

N B Patel - Director

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

1. | STATUTORY INFORMATION

| Foodway Limited 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 as modified by the revaluation of certain assets.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Investment property

| Investment properties are revalued annually and any surplus or deficit is shown in the profit and loss account. No depreciation is provided in respect of investment properties.

| 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 4 (2024 - 4 ) .

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

4. | INVESTMENT PROPERTY

| Total

£ |

| FAIR VALUE

| At 1st April 2024 | 12,446,763 |  |

| Disposals | (99,148 | ) |

| Revaluations | (722,615 | ) |

| At 31st March 2025 | 11,625,000 |  |

| NET BOOK VALUE

| At 31st March 2025 | 11,625,000 |  |

| At 31st March 2024 | 12,446,763 |  |

| Fair value at 31st March 2025 is represented by:

£ |

| Valuation in 2025 | 8,116,032 |  |

| Cost | 3,508,968 |  |

11,625,000 |  |

| Investment properties were valued on an open market basis on 31st March 2025 by the directors.

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other debtors and prepayments | 191,777 |  | 141,326 |  |

| Foodway Holdings Limited | 28,569 |  | 28,569 |  |

| Directors' current accounts | 542,522 |  | 403,032 |  |

762,868 |  | 572,927 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 15,727 |  | 10,781 |  |

| Tax | 385,445 |  | 151,375 |  |

| Social security and other taxes | 3,135 |  | 11,065 |  |

| Other creditors and accruals | 18,772 |  | 29,164 |  |

423,079 |  | 202,385 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - over 5 years | 2,707,656 |  | 3,012,902 |  |

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans - over 5 years | 2,707,656 |  | 3,012,902 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank overdraft | 4,946 |  | - |  |

| Bank loans | 2,718,437 |  | 3,023,683 |  |

2,723,383 |  | 3,023,683 |  |

| Barclays Bank holds legal charges over the Company's freehold assets.

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred taxation | 1,635,840 |  | 1,793,575 |  |

| Deferred |

| tax |

£ |

| Balance at 1st April 2024 | 1,793,575 |  |

| Provided during year | (157,735 | ) |

| Balance at 31st March 2025 | 1,635,840 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 10,000 | Ordinary | £1 | 10,000 |  | 10,000 |  |

| FOODWAY LIMITED (REGISTERED NUMBER: 01370019) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2025

11. | RESERVES

| Fair |

| Retained |  | value |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1st April 2024 | 1,161,953 |  | 7,045,070 |  | 8,207,023 |  |

| Profit for the year | 815,612 |  | 815,612 |  |

| Dividends | (250,000 | ) | (250,000 | ) |

| Reserves transfer | (157,735 | ) | (564,880 | ) | (722,615 | ) |

| At 31st March 2025 | 1,569,830 |  | 6,480,190 |  | 8,050,020 |  |

12. | RELATED PARTY DISCLOSURES

| At the year end director Nalin Patel owed the company £231,762 (2024 £164,578) and Kaushik Patel owed the company £310,760 (2024 £238,454).