REGISTERED NUMBER: 04096414 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

GLOBAL FOODS (BIRMINGHAM) LIMITED

Page

Abridged Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

28,030

28,030

Tangible assets

5

67,974

79,862

96,004

107,892

CURRENT ASSETS

Stocks

53,019

46,924

Debtors

1,039,385

1,073,420

Cash at bank and in hand

174,383

153,726

1,266,787

1,274,070

CREDITORS

Amounts falling due within one year

444,433

476,722

NET CURRENT ASSETS

822,354

797,348

TOTAL ASSETS LESS CURRENT LIABILITIES

918,358

905,240

PROVISIONS FOR LIABILITIES

16,952

19,915

NET ASSETS

901,406

885,325

CAPITAL AND RESERVES

Called up share capital

2,476

2,476

Share premium

112,684

112,684

Retained earnings

786,246

770,165

SHAREHOLDERS' FUNDS

901,406

885,325

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 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 financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

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 4 December 2025 and were signed on its behalf by:

Harbinder Singh Dulay - Director

1.	STATUTORY INFORMATION

Global Foods (Birmingham) Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

04096414

Registered office:

6-8 Abbey Road

Smethwick

Warley

West Midlands

B67 5RD

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Intangible unlisted assets are being amortised evenly over their estimated useful life of nil years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 or deferred taxation assets and liabilities are not discounted.

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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 16 (2024 - 16 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

and 31 March 2025

28,030

NET BOOK VALUE

At 31 March 2025

28,030

At 31 March 2024

28,030

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2024

314,748

Additions

379

At 31 March 2025

315,127

DEPRECIATION

At 1 April 2024

234,886

Charge for year

12,267

At 31 March 2025

247,153

NET BOOK VALUE

At 31 March 2025

67,974

At 31 March 2024

79,862

6.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025

2024

£

£

Harbinder Singh Dulay and Jasbir Dulay

Balance outstanding at start of year

(52,710

)

(257,758

)

Amounts advanced

11,995

212,348

Amounts repaid

(9,327

)

(7,300

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(50,042

)

(52,710

)

Dividends issued during the year = £6,400 (£7,300 in 2024)

7.	RELATED PARTY DISCLOSURES

The current asset of £647,374 is due from B D Properties (Midlands) Ltd (£668,407 in 2024)

The current asset of £347,883 due from Global Care (Holdings) Ltd (£347,883 in 2024)

The current liability of £49,335 due to Global Care Home (B'Ham) Ltd (£49,335 in 2023)