Atsource Foods Limited

Atsource Foods Limited
Contents Page
For the year ended 31 March 2025

Accountants' report	1
Statement of financial position	2
Notes to the financial statements	3

Atsource Foods Limited Accountants' Report For the year ended 31 March 2025
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Atsource Foods Limited for the year ended 31 March 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Atsource Foods Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us. As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance. This report is made solely to the Board of Directors of Atsource Foods Limited , as a body, in accordance with the terms of our engagement letter dated 08 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Atsource Foods Limited and state those matters that we have agreed to state to the Board of Directors of Atsource Foods Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Atsource Foods Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Atsource Foods Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Atsource Foods Limited . You consider that Atsource Foods Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit or a review of the accounts of Atsource Foods Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts 31 March 2025. .................................................... Boffix & Co Accountancy Limited Boffix & Co Accountancy Limited St Alban Tower Wood Street London EC2V 7AF 08 October 2025 1

Atsource Foods Limited
Accountants' Report
For the year ended 31 March 2025

Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Atsource Foods Limited for the year ended 31 March 2025.
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Atsource Foods Limited for the year ended 31 March 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the company’s accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales, we are subject to its ethical and other professional requirements which are detailed at www.icaew.com/en/members/regulations-standards-and-guidance.
This report is made solely to the Board of Directors of Atsource Foods Limited , as a body, in accordance with the terms of our engagement letter dated 08 October 2025. Our work has been undertaken solely to prepare for your approval the accounts of Atsource Foods Limited and state those matters that we have agreed to state to the Board of Directors of Atsource Foods Limited , as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Atsource Foods Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Atsource Foods Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Atsource Foods Limited . You consider that Atsource Foods Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Atsource Foods Limited . For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts
31 March 2025.

....................................................
Boffix & Co Accountancy Limited
Boffix & Co Accountancy Limited
St Alban Tower
Wood Street
London
EC2V 7AF
08 October 2025

1

Atsource Foods Limited
Statement of Financial Position
As at 31 March 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	3	58,359	1,002
Investments	4	500,025	511,025
		558,384	512,027
Current assets
Debtors: amounts falling due within one year		28,087	12,564
Cash at bank and in hand		23,277	94,651
		51,364	107,215
Creditors: amount falling due within one year		(62,341)	(142,524)
Net current assets		(10,977)	(35,309)

Total assets less current liabilities		547,407	476,718
Creditors: amount falling due after more than one year		(137,252)	(160,600)
Provisions for liabilities		(11,088)	(190)
Net assets		399,067	315,928

Capital and reserves
Called up share capital	5	1,000	1,000
Profit and loss account		398,067	314,928
Shareholders' funds		399,067	315,928

For the year ended 31 March 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 accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

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 to the Registrar of Companies.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with section 444(2A).

The financial statements were approved by the director on 08 October 2025 and were signed by:

-------------------------------
James Sheppard
Director

2

Atsource Foods Limited
Notes to the Abridged Financial Statements
For the year ended 31 March 2025

General Information

Atsource Foods Limited is a private company, limited by shares, registered in England and Wales, registration number 04772374, registration address Wesley House, Bull Hill, Leatherhead, Surrey, KT22 7AH.

The presentation currency is £ sterling.

1.

Accounting policies

Significant accounting policies

The accounts have been prepared under the historical cost convention and in accordance with FRS 102A, 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 comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Deferred taxation

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the reporting date.
Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the reporting date 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.
Current and deferred tax assets and liabilities are not discounted.

Dividends

Proposed dividends are only included as liabilities in the statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Motor Vehicles	25% Straight Line
Office Equipment	33% Straight Line
Computer Equipment	33% Straight Line

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 1 (2024 : 1).

3.

Tangible fixed assets

Cost or valuation	Motor Vehicles	Office Equipment	Computer Equipment	Total
	£	£	£	£
At 01 April 2024	18,071	2,631	18,307	39,009
Additions	77,480	-	-	77,480
Disposals	-	-	-	-
At 31 March 2025	95,551	2,631	18,307	116,489
Depreciation
At 01 April 2024	18,071	2,631	17,305	38,007
Charge for year	19,370	-	753	20,123
On disposals	-	-	-	-
At 31 March 2025	37,441	2,631	18,058	58,130
Net book values
Closing balance as at 31 March 2025	58,110	-	249	58,359
Opening balance as at 01 April 2024	-	-	1,002	1,002

4.

Investments

Cost	Other investments other than loans	Total
	£	£
At 01 April 2024	511,025	511,025
Additions	-	-
Disposals	(11,000)	(11,000)
At 31 March 2025	500,025	500,025

5.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
1,000 Ordinary shares of £1.00 each	1,000		1,000
	1,000		1,000

3


Registered Number: 04772374
England and Wales
ATSOURCE FOODS LIMITED

Abridged Accounts

Period of accounts Start date: 01 April 2024 End date: 31 March 2025