REGISTERED NUMBER: 03720024 (England and Wales)

BHAVINS FOOD LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

K P Shah

R P Shah

SECRETARY:

K P Shah

REGISTERED OFFICE:

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

REGISTERED NUMBER:

03720024 (England and Wales)

ACCOUNTANTS:

Miller & Co

Chartered Accountants

5 Imperial Court

Laporte Way

Luton

Bedfordshire

LU4 8FE

FIXED ASSETS

Tangible assets

5

62,756

65,626

CURRENT ASSETS

Stocks

307,080

288,580

Debtors

6

178,681

152,653

Cash at bank and in hand

22,436

45,485

508,197

486,718

CREDITORS

Amounts falling due within one year

7

344,750

284,856

NET CURRENT ASSETS

163,447

201,862

TOTAL ASSETS LESS CURRENT LIABILITIES

226,203

267,488

CREDITORS

Amounts falling due after more than one year

8

5,834

15,834

NET ASSETS

220,369

251,654

CAPITAL AND RESERVES

Called up, paid and allotted share capital

196

196

Retained earnings

220,173

251,458

SHAREHOLDERS' FUNDS

220,369

251,654

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.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 9 December 2025 and were signed on its behalf by:

K P Shah - Director

1.	STATUTORY INFORMATION

Bhavins Food Limited is a private company, limited by shares, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling, rounded to the nearest pound.

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Income recognition

Income is recognised when goods/services have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets

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

Long leasehold

-

5% on cost

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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

Current tax represents the amount of tax payable or receivable in respect of the taxable profit (or loss) for the current or past reporting periods. It is measured at the amount expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements of current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they are recognised in the financial statements. 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable tangible fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 17 ) .

5.	TANGIBLE FIXED ASSETS

Fixtures

Long

and

Motor

leasehold

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

80,009

92,253

17,500

189,762

Additions

-

9,441

-

9,441

At 31 March 2025

80,009

101,694

17,500

199,203

DEPRECIATION

At 1 April 2024

55,246

59,028

9,862

124,136

Charge for year

3,999

6,402

1,910

12,311

At 31 March 2025

59,245

65,430

11,772

136,447

NET BOOK VALUE

At 31 March 2025

20,764

36,264

5,728

62,756

At 31 March 2024

24,763

33,225

7,638

65,626

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

149,161

147,762

Other debtors

29,520

4,891

178,681

152,653

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,000

Hire purchase contracts

-

1,772

Trade creditors

314,045

253,701

Taxation and social security

9,374

9,750

Other creditors

11,331

9,633

344,750

284,856

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

5,834

15,834

9.	TRANSACTIONS WITH DIRECTORS

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

2025

2024

£

£

K P Shah

Balance outstanding at start of year

-

24,806

Amounts advanced

98,421

-

Amounts repaid

(72,900

)

(24,806

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,521

-

The loan is interest free and repayable on demand

10.	RELATED PARTY DISCLOSURES

The directors operate a loan account with the company, transactions of which can be found above.

The premises which the company leases is owned by the Shah family, two of whom are K Shah and R Shah, the directors of the company. The company pays an annual rent of £36,000 for the premises to the family.