1 February 2024 v2025.71.1 limited_company_frs_102_section_1a_v1_1_3 companies_house Software false true true No description of principal activity 0 0 false true xbrli:pure xbrli:shares iso4217:GBP 11477206 2024-02-01 2025-01-31 11477206 2025-01-31 11477206 2024-01-31 11477206 core:WithinOneYear 2025-01-31 11477206 core:WithinOneYear 2024-01-31 11477206 core:AfterOneYear 2025-01-31 11477206 core:AfterOneYear 2024-01-31 11477206 core:ShareCapital 2025-01-31 11477206 core:ShareCapital 2024-01-31 11477206 core:RetainedEarningsAccumulatedLosses 2025-01-31 11477206 core:RetainedEarningsAccumulatedLosses 2024-01-31 11477206 bus:Director1 2024-02-01 2025-01-31 11477206 bus:RegisteredOffice 2024-02-01 2025-01-31 11477206 core:IntangibleAssetsOtherThanGoodwill 2025-01-31 11477206 core:IntangibleAssetsOtherThanGoodwill 2024-01-31 11477206 core:PlantMachinery 2024-02-01 2025-01-31 11477206 core:PlantMachinery 2025-01-31 11477206 1 2024-02-01 2025-01-31 11477206 2023-02-01 2024-01-31 11477206 countries:EnglandWales 2024-02-01 2025-01-31 11477206 bus:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 11477206 bus:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 11477206 bus:SmallEntities 2024-02-01 2025-01-31 11477206 bus:FullAccounts 2024-02-01 2025-01-31 11477206 bus:CompanySecretary1 2024-02-01 2025-01-31
Company registration number:
11477206
Pn Foods Ltd
Unaudited Filleted Financial Statements for the year ended
31 January 2025
Pn Foods Ltd
Report to the board of directors on the preparation of the unaudited statutory financial statements of Pn Foods Ltd
Year ended
31 January 2025
As described on the statement of financial position, the Board of Directors of
Pn Foods Ltd
are responsible for the preparation of the
financial statements
for the year ended
31 January 2025
, which comprise the income statement, statement of financial position and related notes.
You consider that the company is exempt from an audit under the Companies Act 2006.
In accordance with your instructions we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and from information and explanations supplied to us.
.
Pn Foods Ltd
Statement of Financial Position
31 January 2025

|  | 2025 | 2024
--- | --- | --- | ---
| Note | £ | £
Fixed assets |  |  |  |  |
Intangible assets | 5 | 238,077 |  | 238,077 |
Tangible assets | 6 | 184 |  | - |
|  | 238,261 |  | 238,077 |
Current assets |  |  |  |  |
Debtors | 7 | 118,613 |  | 187,469 |
Cash at bank and in hand |  | 1 |  | 28 |
|  | 118,614 |  | 187,497 |
Creditors: amounts falling due within one year | 8 | (595,031 | ) | (508,161 | )
Net current liabilities |  | (476,417 | ) | (320,664 | )
Total assets less current liabilities |  | (238,156 | ) | (82,587 | )
Creditors: amounts falling due after more than one year | 9 | (547,252 | ) | (682,358 | )
Net liabilities |  | (785,408 | ) | (764,945 | )
Capital and reserves |  |  |  |  |
Called up share capital |  | 1 |  | 1 |
Profit and loss account |  | (785,409 | ) | (764,946 | )
Shareholders deficit |  | (785,408 | ) | (764,945 | )

For the year ending
31 January 2025
, the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476;
- The director acknowledges their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

These
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.
These
financial statements
were approved by the board of directors and authorised for issue on
29 October 2025
, and are signed on behalf of the board by:

N Patel
Director

Company registration number:
11477206
Pn Foods Ltd
Notes to the Financial Statements
Year ended
31 January 2025

## 1 General information

The company is a private company limited by shares and is registered in England and Wales. The address of the registered office is
71-75 Shelton Street
,
Covent Garden
,
London
,
WC2H 9JQ
, England.

## 2 Statement of compliance

These
financial statements
have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable to the UK and Republic of Ireland'.

## 3 Accounting policies

## Basis of preparation

The
financial statements
have been prepared on the historical cost basis, as modified by the revaluation of certain assets.
The
financial statements
are prepared in sterling, which is the functional currency of the company.

## Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied, net of discounts and Value Added Tax.
Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer, usually on despatch of the goods; the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

## Current tax

Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

## Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.

## 4 Average number of employees

The average number of persons employed by the company during the year was nil (2024: nil).

## 5 Intangible assets

| Other intangible assets
--- | ---
| £
Cost |  |
At 1 February 2024 and 31 January 2025 | 238,077 |
Amortisation |  |
At 1 February 2024 and 31 January 2025 | - |
Carrying amount |  |
At 31 January 2025 | 238,077 |
At 31 January 2024 | 238,077 |

## 6 Tangible assets

| Plant and machinery etc.
--- | ---
| £
Cost |  |
At 1 February 2024 | - |
Additions | 230 |
At 31 January 2025 | 230 |
Depreciation |  |
At 1 February 2024 | - |
Charge | 46 |
At 31 January 2025 | 46 |
Carrying amount |  |
At 31 January 2025 | 184 |
At 31 January 2024 | - |

## 7 Debtors

| 2025 | 2024
--- | --- | ---
| £ | £
Trade debtors | 110,494 |  | 163,850 |
Other debtors | 8,119 |  | 23,619 |
| 118,613 |  | 187,469 |

## 8 Creditors: amounts falling due within one year

| 2025 | 2024
--- | --- | ---
| £ | £
Trade creditors | 498,142 |  | 435,052 |
Taxation and social security | 51,128 |  | 45,735 |
Other creditors | 45,761 |  | 27,374 |
| 595,031 |  | 508,161 |

## 9 Creditors: amounts falling due after more than one year

| 2025 | 2024
--- | --- | ---
| £ | £
Bank loans and overdrafts | 41,740 |  | 44,080 |
Trade creditors | (1,000 | ) | 100 |
Other creditors | 506,512 |  | 638,178 |
| 547,252 |  | 682,358 |