Acorah Software Products - Accounts Production 16.6.950 false true 31 March 2024 1 April 2023 false 1 April 2024 31 March 2025 31 March 2025 01712168 Mr Satish Lakhani Mr Bharatkumar Devani Mr Harshadray Adesara Mr Satish Lakhani true iso4217:GBP iso4217:EUR iso4217:USD xbrli:shares xbrli:pure xbrli:pure 01712168 2024-03-31 01712168 2025-03-31 01712168 2024-04-01 2025-03-31 01712168 frs-core:CurrentFinancialInstruments 2025-03-31 01712168 frs-core:Non-currentFinancialInstruments 2025-03-31 01712168 frs-core:FurnitureFittings 2025-03-31 01712168 frs-core:FurnitureFittings 2024-04-01 2025-03-31 01712168 frs-core:FurnitureFittings 2024-03-31 01712168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2025-03-31 01712168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 01712168 frs-core:LandBuildings frs-core:OwnedOrFreeholdAssets 2024-03-31 01712168 frs-core:CapitalRedemptionReserve 2025-03-31 01712168 frs-core:RevaluationReserve 2024-03-31 01712168 frs-core:RevaluationReserve 2025-03-31 01712168 frs-core:ShareCapital 2025-03-31 01712168 frs-core:RetainedEarningsAccumulatedLosses 2025-03-31 01712168 frs-bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 01712168 frs-bus:FilletedAccounts 2024-04-01 2025-03-31 01712168 frs-bus:SmallEntities 2024-04-01 2025-03-31 01712168 frs-bus:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 01712168 frs-bus:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 01712168 1 2024-04-01 2025-03-31 01712168 frs-bus:Director1 2024-04-01 2025-03-31 01712168 frs-bus:Director2 2024-04-01 2025-03-31 01712168 frs-bus:Director3 2024-04-01 2025-03-31 01712168 frs-bus:CompanySecretary1 2024-04-01 2025-03-31 01712168 frs-countries:EnglandWales 2024-04-01 2025-03-31 01712168 2023-03-31 01712168 2024-03-31 01712168 2023-04-01 2024-03-31 01712168 frs-core:CurrentFinancialInstruments 2024-03-31 01712168 frs-core:Non-currentFinancialInstruments 2024-03-31 01712168 frs-core:CapitalRedemptionReserve 2024-03-31 01712168 frs-core:RevaluationReserve 2024-03-31 01712168 frs-core:ShareCapital 2024-03-31 01712168 frs-core:RetainedEarningsAccumulatedLosses 2024-03-31
Registered number: 01712168
Capri Foods Limited
Unaudited Financial Statements
For The Year Ended 31 March 2025
Lake & Co
Chartered Accountants
25a Kenton Park Parade
Kenton
Harrow
HA3 8DN
Capri Foods Limited
Contents
Contents

| Page
--- | ---
Balance Sheet | 1—2
Notes to the Financial Statements | 3—5

Page 1
Capri Foods Limited
Balance Sheet
As At 31 March 2025
Balance Sheet
Registered number: 01712168

| 2025 | 2024
--- | --- | ---
| Notes | £ | £ | £ | £
FIXED ASSETS
Tangible Assets | 4 |  | 1,250,204 |  | 1,206,987
Investment Properties | 5 |  | 236,964 |  | 236,964
|  |  | 1,487,168 |  | 1,443,951
CURRENT ASSETS
Stocks | 6 | 124,989 |  | 111,832 |
Debtors | 7 | 3,217,604 |  | 2,450,361 |
Cash at bank and in hand |  | 25,272 |  | 214,955 |
|  | 3,367,865 |  | 2,777,148 |
Creditors: Amounts Falling Due Within One Year | 8 | (669,982 ) |  | (698,932 ) |
NET CURRENT ASSETS (LIABILITIES) |  |  | 2,697,883 |  | 2,078,216
TOTAL ASSETS LESS CURRENT LIABILITIES |  |  | 4,185,051 |  | 3,522,167
Creditors: Amounts Falling Due After More Than One Year | 9 |  | - |  | (12,533 )
PROVISIONS FOR LIABILITIES
Deferred Taxation |  |  | (207,755 ) |  | (194,166 )
NET ASSETS |  |  | 3,977,296 |  | 3,315,468
CAPITAL AND RESERVES
Called up share capital | 10 |  | 10 |  | 10
Revaluation reserve | 11 |  | 798,319 |  | 798,319
Capital redemption reserve |  |  | 10 |  | 10
Profit and Loss Account |  |  | 3,178,957 |  | 2,517,129
SHAREHOLDERS' FUNDS |  |  | 3,977,296 |  | 3,315,468

Page 1
Page 2
Capri Foods Limited
Balance Sheet (continued)
As At 31 March 2025
For the year ending 31 March 2025 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 directors acknowledge their 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board

Mr Satish Lakhani Director
22/08/2025

The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Capri Foods Limited
Notes to the Financial Statements
For The Year Ended 31 March 2025
Notes to the Financial Statements
1. General Information
Capri Foods Limited is a private company, limited by shares, incorporated in England & Wales, registered number 01712168 . The registered office is Worton Hall Industrial Estate, 21 Worton Road, Isleworth, Middlesex, TW7 6ER.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold | 2% pa - straight line
Fixtures & Fittings | 25% pa - staright line

2.4. Investment Properties
All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other year and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and asset reflects the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
Page 3
Page 4
Capri Foods Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
2.7. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
3. Average Number of Employees
Average number of employees, including directors, during the year was:

| 2025 |  | 2024
--- | --- | --- | ---
Office and administration | 14 |  | 14
| 14 |  | 14

4. Tangible Assets

| Land & Property
--- | ---
| Freehold | Fixtures & Fittings | Total
| £ | £ | £
Cost
As at 1 April 2024 | 1,250,000 | 1,001,037 | 2,251,037
Additions | - | 116,453 | 116,453
As at 31 March 2025 | 1,250,000 | 1,117,490 | 2,367,490
Depreciation
As at 1 April 2024 | 106,302 | 937,748 | 1,044,050
Provided during the period | 3,226 | 70,010 | 73,236
As at 31 March 2025 | 109,528 | 1,007,758 | 1,117,286
Net Book Value
As at 31 March 2025 | 1,140,472 | 109,732 | 1,250,204
As at 1 April 2024 | 1,143,698 | 63,289 | 1,206,987

5. Investment Property

| 2025
--- | ---
| £
Fair Value
As at 1 April 2024 and 31 March 2025 | 236,964

6. Stocks

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Finished goods | 124,989 |  | 111,832

Page 4
Page 5
Capri Foods Limited
Notes to the Financial Statements (continued)
For The Year Ended 31 March 2025
7. Debtors

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Due within one year
Trade debtors | 550,037 |  | 690,307
Other debtors | 550 |  | 21,831
VAT | 66,201 |  | 56,979
Amounts owed by group undertakings | 2,600,816 |  | 1,681,244
| 3,217,604 |  | 2,450,361

8. Creditors: Amounts Falling Due Within One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Trade creditors | 255,588 |  | 270,740
Bank loans and overdrafts | 13,333 |  | 10,800
Corporation tax | 208,094 |  | 210,645
Other taxes and social security | - |  | 4,037
Net wages | - |  | 6,289
Other creditors | 384 |  | 366
Accruals and deferred income | 170,936 |  | 168,558
Directors' loan accounts | 21,647 |  | 27,497
| 669,982 |  | 698,932

9. Creditors: Amounts Falling Due After More Than One Year

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Bank loans | - |  | 12,533

10. Share Capital

| 2025 |  | 2024
--- | --- | --- | ---
| £ |  | £
Allotted, Called up and fully paid | 10 |  | 10

11. Reserves

| Revaluation Reserve
--- | ---
| £
As at 1 April 2024 | 798,319
As at 31 March 2025 | 798,319

12. Related Party Transactions
As at 31/03/24, the company was owed a sum of £2,600,816 by it's parent company (2024 : £1,681,244)
13. Ultimate Controlling Party
The company's ultimate controlling party is Krispy Pizza Ltd by virtue of their ownership of 100% of the issued share capital in the company.
Page 5