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REGISTERED NUMBER: NI648696 (Northern Ireland)















GOOD MOOD FOOD LTD

Unaudited Financial Statements for the Year Ended 31 January 2025





Cooper Parry Advisory Limited
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP








GOOD MOOD FOOD LTD (REGISTERED NUMBER: NI648696)






Contents of the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


GOOD MOOD FOOD LTD

Company Information
FOR THE YEAR ENDED 31 JANUARY 2025







DIRECTORS: Ms Sandra Swift
Mr Stephen Swift





REGISTERED OFFICE: 31-33 Main Street
Lisnaskea
Enniskillen
Co. Fermanagh
BT92 0JB





REGISTERED NUMBER: NI648696 (Northern Ireland)





ACCOUNTANTS: Cooper Parry Advisory Limited
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP
1
GOOD MOOD FOOD LTD (REGISTERED NUMBER: NI648696)

Statement of Financial Position
31 JANUARY 2025

2025 2024
Notes £ £
NON-CURRENT ASSETS
Intangible assets 5 4,250 4,250
Tangible assets 6 28,741 33,919
32,991 38,169

CURRENT ASSETS
Stocks 2,598 3,102
Receivables: amounts falling due within
one year
7
63,862
15,222
Cash at bank and in hand 84,298 202,201
150,758 220,525
PAYABLES
Amounts falling due within one year 8 (17,021 ) (121,679 )
NET CURRENT ASSETS 133,737 98,846
TOTAL ASSETS LESS CURRENT
LIABILITIES
166,728
137,015

PROVISIONS FOR LIABILITIES 9 (7,185 ) (8,480 )
NET ASSETS 159,543 128,535

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 159,443 128,435
159,543 128,535

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

The members have not required the Company to obtain an audit of its financial statements for the year ended 31 January 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.

The notes form part of these financial statements

2
GOOD MOOD FOOD LTD (REGISTERED NUMBER: NI648696)

Statement of Financial Position - continued
31 JANUARY 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 29 October 2025 and were signed on its behalf by:





Ms Sandra Swift - Director


The notes form part of these financial statements

3
GOOD MOOD FOOD LTD (REGISTERED NUMBER: NI648696)

Notes to the Financial Statements
FOR THE YEAR ENDED 31 JANUARY 2025

1. STATUTORY INFORMATION

Good Mood Food Ltd is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention except for certain properties and financial instruments that are measured at revalued amounts or fair values, as explained in the accounting policies below. Historical cost is generally based on the fair value of the consideration given in exchange for assets.

Revenue
Revenue comprises the invoice value of goods supplied by the company, exclusive of trade discounts and value added tax. Revenue is recognised upon supply of goods to the customer.

Intangible assets
Intangible assets are valued at cost. No amortisation is charged in respect of same.

Property, plant and equipment
Property, plant and equipment are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost of plant and equipment, less its estimated residual value, over its expected useful lives as follows:

Plant and machinery - 15% reducing balance

The carrying values of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

Inventories
Inventories are valued at the lower of cost and net realisable value. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Full provision is made for obsolete and slow moving items. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.


4
GOOD MOOD FOOD LTD (REGISTERED NUMBER: NI648696)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

3. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

5. INTANGIBLE FIXED ASSETS
Patents and
licences
£
COST
At 1 February 2024
and 31 January 2025 4,250
NET BOOK VALUE
At 31 January 2025 4,250
At 31 January 2024 4,250

6. PROPERTY, PLANT AND EQUIPMENT
Plant and
machinery
£
COST
At 1 February 2024
and 31 January 2025 81,685
DEPRECIATION
At 1 February 2024 47,766
Charge for year 5,178
At 31 January 2025 52,944
NET BOOK VALUE
At 31 January 2025 28,741
At 31 January 2024 33,919

5
GOOD MOOD FOOD LTD (REGISTERED NUMBER: NI648696)

Notes to the Financial Statements - continued
FOR THE YEAR ENDED 31 JANUARY 2025

7. RECEIVABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade debtors 149 149
Amounts owed by group undertakings - 15,000
Amounts owed by related parties 63,713 -
Other debtors - 73
63,862 15,222

8. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£ £
Trade payables 3,343 2,371
Amounts owed to related parties - 116,287
Taxation and social security 12,403 1,746
Other payables 1,275 1,275
17,021 121,679

9. PROVISIONS FOR LIABILITIES
2025 2024
£ £
Deferred tax
Accelerated capital allowances 7,185 8,480

Deferred tax
£
Balance at 1 February 2024 8,480
Credit to Income Statement during year (1,295 )
Balance at 31 January 2025 7,185

6