TASTE 4U LIMITED - Filleted accounts

Registered number

14642447

TASTE 4U LIMITED

Filleted Accounts

28 February 2025

TASTE 4U LIMITED
Registered number:		14642447
Balance Sheet
as at 28 February 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,040			-

Current assets
Stocks		6,174			-
Debtors	4	708			-
Cash at bank and in hand		5,971			3,252
		12,853			3,252

Creditors: amounts falling due within one year	5	(13,632)			(4,002)

Net current liabilities			(779)			(750)

Net assets/(liabilities)			1,261			(750)

Capital and reserves
Called up share capital			1			1
Profit and loss account			1,260			(751)

Shareholder's funds			1,261			(750)

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Sohail Najam
Director
Approved by the board on 14 October 2025

TASTE 4U LIMITED
Notes to the Accounts
for the year ended 28 February 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Functional and presentation currency
	The financial statements of the company are measured and presented in the currency of the primary economic environment in which the company operates, the functional currency. The financial statements are presented in Pound sterling (£), which is the company’s functional currency.

	Employee benefits
	Short-term employee benefits Short-term employee benefits are recognised as an expense in the period in which they are incurred. Post-employment defined contribution plans Amounts in respect of defined contributions plans are recognised as an expense as they are incurred. Termination benefits Provisions for termination benefits are recognised only when the company is demonstrably committed to terminate the employment of an employee or of a group of employees before their normal retirement date or to provide termination benefits as a result of an offer made in order to encourage voluntary redundancy.

	Going concern
	The financial statements have been prepared on the basis that the company will receive continued financial support from bank and directors and has adequate resources to continue in operational existence for the foreseeable future.

2	Employees	2025		2024
Number			Number

	Average number of persons employed by the company	5		5


3	Tangible fixed assets
				Plant and machinery etc
£
	Cost
	Additions			2,550
	At 28 February 2025			2,550

	Depreciation
	Charge for the year			510
	At 28 February 2025			510

	Net book value
	At 28 February 2025			2,040


4	Debtors	2025		2024
£			£

	Other debtors	708		-


5	Creditors: amounts falling due within one year	2025		2024
£			£

	Trade creditors	-		422
	Taxation and social security costs	4,955		-
	Other creditors	8,677		3,580
		13,632		4,002


6	Related party transactions

	Included within other creditors is a loan from the director amounting to £7,377 (2024: £2,381).


7	Other information

	TASTE 4U LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	115 Wood Street
	London
	England
	E17 3LL