Company Registration No. 10634709 (England and Wales)
Food Court Ltd
Unaudited accounts
for the year ended 28 February 2025
Food Court Ltd
Unaudited accounts
Contents
Food Court Ltd
Company Information
for the year ended 28 February 2025
Director
Hareshbhai Ratilal Dhedhi
Company Number
10634709 (England and Wales)
Registered Office
38 MIDDLESEX STREET
LONDON
E1 7EX
ENGLAND
Accountants
Equifin Accountancy Ltd
Unit A-4 Livingstone Court
55 Peel Road
Harrow
Middlesex
HA3 7QT
Food Court Ltd
Statement of financial position
as at 28 February 2025
Intangible assets
23,637
29,547
Tangible assets
213,481
231,345
Cash at bank and in hand
5,778
7,055
Creditors: amounts falling due within one year
(123,542)
(75,925)
Net current liabilities
(72,487)
(35,203)
Total assets less current liabilities
164,631
225,689
Creditors: amounts falling due after more than one year
(392,783)
(407,728)
Net liabilities
(228,152)
(182,039)
Called up share capital
3
3
Profit and loss account
(228,155)
(182,042)
Shareholders' funds
(228,152)
(182,039)
For the year ending 28 February 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 director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 26 November 2025 and were signed on its behalf by
Hareshbhai Ratilal Dhedhi
Director
Company Registration No. 10634709
Food Court Ltd
Notes to the Accounts
for the year ended 28 February 2025
Food Court Ltd is a private company, limited by shares, registered in England and Wales, registration number 10634709. The registered office is 38 MIDDLESEX STREET, LONDON, E1 7EX, ENGLAND.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% on WDV
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Amortised over 5 years.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Food Court Ltd
Notes to the Accounts
for the year ended 28 February 2025
The Company made a loss of £56,929 during the year ended 28 February 2025, which indicates the existence of uncertainties that may cast doubt on the Company’s ability to continue as a going concern.
The director has confirmed that they will continue to provide financial support to the Company for a period of at least 12 months from the date of approval of these financial statements. Based on this commitment and the Company’s cash flow forecasts, the director believes the Company will have adequate resources to meet its liabilities as they fall due. Accordingly, the financial statements have been prepared on a going concern basis.
4
Intangible fixed assets
Other
At 28 February 2025
46,167
At 28 February 2025
22,530
At 28 February 2025
23,637
At 29 February 2024
29,547
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At 1 March 2024
138,439
77,149
122,457
338,045
At 28 February 2025
138,439
77,866
122,457
338,762
At 1 March 2024
-
35,877
70,823
106,700
Charge for the year
-
8,254
10,327
18,581
At 28 February 2025
-
44,131
81,150
125,281
At 28 February 2025
138,439
33,735
41,307
213,481
At 29 February 2024
138,439
41,272
51,634
231,345
Food Court Ltd
Notes to the Accounts
for the year ended 28 February 2025
Amounts falling due within one year
Deferred tax asset
29,237
18,421
Amounts falling due after more than one year
7
Creditors: amounts falling due within one year
2025
2024
Trade creditors
3,733
3,733
Other creditors
51,368
18,450
8
Creditors: amounts falling due after more than one year
2025
2024
Other creditors
90,349
106,849
Taxes and social security
63,616
54,083
Loans from directors
207,137
211,841
9
Average number of employees
During the year the average number of employees was 5 (2024: 5).