| Registered number: 2855955 | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| Herczl Dairies Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||
| DIRECTORS | ||||||||
| SECRETARY | ||||||||
| REGISTERED OFFICE | ||||||||
| London | ||||||||
| COMPANY DETAILS | ||||||||
| Private company limited by shares registered in , registered number 2855955 | ||||||||
| BANKERS | ||||||||
| National Westminster Bank PLC | ||||||||
| ACCOUNTANTS | ||||||||
| Shears & Partners Limited | ||||||||
| Chartered Accountants | ||||||||
| 7 Craven Park Court | ||||||||
| Craven Park Road | ||||||||
| London | ||||||||
| N15 6AA | ||||||||
| Herczl Dairies Limited | ||||||||
| ACCOUNTS | ||||||||
| FOR THEYEARENDED31/12/2024 | ||||||||
| CONTENTS | ||||||||
| Page | ||||||||
| Directors' Report | - | |||||||
| Accountants' Report | - | |||||||
| Statement Of Comprehensive Income | - | |||||||
| Balance Sheet | 3 | |||||||
| Notes To The Accounts | 4 | |||||||
| The following do not form part of the statutory financial statements: | ||||||||
| Trading And Profit And Loss Account | - | |||||||
| Profit And Loss Account Summaries | - | |||||||
| Herczl Dairies Limited | ||||||||
| BALANCE SHEET AT | ||||||||||
| 2024 | 2023 | |||||||||
| Notes | £ | £ | ||||||||
| FIXED ASSETS | ||||||||||
| Tangible assets | 5 | |||||||||
| Investment Assets | 6 | |||||||||
| CURRENT ASSETS | ||||||||||
| Stock | ||||||||||
| Debtors | 8 | |||||||||
| Cash at bank and in hand | ||||||||||
| 1,299,489 | 1,076,572 | |||||||||
| CREDITORS: Amounts falling due within one year | 9 | |||||||||
| NET CURRENT ASSETS | 903,046 | |||||||||
| TOTAL ASSETS LESS CURRENT LIABILITIES | ||||||||||
| CAPITAL AND RESERVES | ||||||||||
| Called up share capital | 11 | |||||||||
| Revaluation reserve | 3f,12 | 47,101 | 47,101 | |||||||
| Profit and loss account | 1,053,618 | 933,938 | ||||||||
| SHAREHOLDERS' FUNDS | ||||||||||
| Approved by the board on | ||||||||||
| ............................. | ||||||||||
| Director | ||||||||||
| Herczl Dairies Limited | ||||||||
| NOTES TO THE ACCOUNTS | ||||||||||
| FOR THE YEAR ENDED 31/12/2024 | ||||||||||
| 1. STATUTORY INFORMATION | ||||||||
| Herczl Dairies Limited ("the Company") is a private company, limited by shares, domiciled in England and Wales, Company Registration Number 2855955. The Registered Office is C/O Shears & Partners Limited, 7 Craven Park Court, Craven Park Road, London, England, N15 6AA | ||||||||
| 2. COMPLIANCE WITH ACCOUNTING STANDARDS | ||||||||
| The Unaudited Statutory Accounts ("the Accounts") have been prepared in accordance with the provisions of FRS 102 (the Financial Reporting Standard applicable in the UK) Section 1A - Small Entities. | ||||||||
| There were no material departures from that Standard. | ||||||||
| 3. ACCOUNTING POLICIES |
| 3a. Basis Of Preparation | ||||||||
| The principal Accounting Policies adopted in the preparation of the Accounts are set out below and have remained unchanged from the previous year, and also have been consistently applied within the Accounts | ||||||||
| The Accounts have been prepared under the historical cost convention as modified by the Revaluation of certain Fixed Assets. | ||||||||
| 3b. Turnover | ||||||||
| Turnover represents amounts receivable for sales of milk and other dairy products, excluding Value Added Tax. | ||||||||
| 3c. Depreciation | ||||||||
| Long Leasehold Properties | 2% | |||||||
| Plant And Machinery | 20% | |||||||
| Commercial Vehicles | 20% | |||||||
| 3d. Investment | ||||||||
| The Company's Investment is stated at the lower of cost and net realisable value. | ||||||||
| Herczl Dairies Limited | ||||||||
| 3e. Foreign Currency | ||||||||
| Assets and liabilities in foreign currencies are translated into Sterling at the rates of exchange ruling at the Balance Sheet date. Transactions in foreign currencies are translated into Sterling at the rate of exchange ruling at the date of the transaction. Exchange differences are taken into account in arriving at Operating Profit/(Loss). | ||||||||
| 3f. Revaluation Reserve | ||||||||
| Surpluses or deficits arising on the revaluation of individual fixed assets other than investment properties are credited or debited to a non-distributible reserve known as the revaluation reserve (see also note 12). | ||||||||
| Revaluation deficits in excess of the amount of prior revaluation surpluses on the same asset are charged to the profit and loss account. | ||||||||
| 3g. Dererred Taxation | ||||||||
| Deferred Taxation is provided on the liability method to take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes and is included within Provisions for Liabilities in the Balance Sheet. | ||||||||
| Tax deferred or accelerated is accounted for in respect of all material timing differences | ||||||||
| 4. INTANGIBLE FIXED ASSETS | ||||
| Purchased | ||||
| Goodwill | Total | |||
| £ | £ | |||
| Cost | ||||
| At 01/01/2024 | 70,000 | 70,000 | ||
| At 31/12/2024 | 70,000 | 70,000 | ||
| Depreciation | ||||
| At 01/01/2024 | 70,000 | 70,000 | ||
| At 31/12/2024 | 70,000 | 70,000 | ||
| Net Book Amounts | ||||
| At 31/12/2024 | ||||
| Herczl Dairies Limited | ||||||||
| 5. TANGIBLE FIXED ASSETS | ||||||||
| Long Leasehold | Plant and | Commercial | ||||||
| Properties | Machinery | Vehicles | Total | |||||
| £ | £ | £ | £ | |||||
| Cost | ||||||||
| At 01/01/2024 | 135,000 | 20,324 | 21,345 | 176,669 | ||||
| At 31/12/2024 | 135,000 | 20,324 | 21,345 | 176,669 | ||||
| Depreciation | ||||||||
| At 01/01/2024 | 68,175 | 18,149 | 12,375 | 98,699 | ||||
| For the year | 2,700 | 440 | 1,780 | 4,920 | ||||
| At 31/12/2024 | 70,875 | 18,589 | 14,155 | 103,619 | ||||
| Net Book Amounts | ||||||||
| At 31/12/2024 | 64,125 | 73,050 | ||||||
| At 31/12/2023 | 66,825 | 77,970 | ||||||
| 6. FINANCIAL ASSETS | |||||||||
| Other | |||||||||
| Investments | Total | ||||||||
| £ | £ | ||||||||
| Cost | |||||||||
| At 01/01/2024 | 25 | 25 | |||||||
| At 31/12/2024 | 25 | 25 | |||||||
| Amortisation | |||||||||
| Net Book Amounts | |||||||||
| At 31/12/2024 | 25 | 25 | |||||||
| At 31/12/2023 | 25 | 25 | |||||||
| The Company holds a non beneficial, minority interest in the investment company which owns the freehold of the Company's Long Leasehold Land and Buildings. | |||||||||
| 7. STOCK | 2024 | 2023 | ||||
| £ | £ | |||||
| Stock comprises: | ||||||
| Stock | ||||||
| Herczl Dairies Limited | ||||||||
| 8. DEBTORS | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Amounts falling due within one year | ||||||||
| Trade debtors | 277,361 | 227,803 | ||||||
| Other debtors | 275,215 | 143,197 | ||||||
| Prepayments | 7,037 | 6,267 | ||||||
| 559,613 | 377,267 | |||||||
| Other Debtors comprise a loan made to a Related Party (see Note 16) and a VAT refund. | ||||||||
| 9. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR | ||||||||
| 2024 | 2023 | |||||||
| £ | £ | |||||||
| Trade creditors | 119,078 | 9,623 | ||||||
| Other creditors | 100,391 | 117,304 | ||||||
| Taxation and Social Security | 44,189 | 41,414 | ||||||
| Accruals | 8,185 | 5,185 | ||||||
| 271,843 | 173,526 | |||||||
| 10. EMPLOYEES | ||||||
| 2024 | 2023 | |||||
| No. | No. | |||||
| Average number of employees | 2 | |||||
| 11. SHARE CAPITAL | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Allotted, issued and fully paid: | ||||||||
| 2 | 2 | |||||||
| 2 | 2 | |||||||
| 12. REVALUATION RESERVE | 2024 | 2023 | ||||||
| £ | £ | |||||||
| Revaluation reserve | 47,101 | 47,101 | ||||||
| 47,101 | 47,101 | |||||||
| Herczl Dairies Limited | ||||||||
| 13. CONTROLLING PARTY | ||||||||
| Mr. S. Herczl controls the Company by virtue of his 100% holding in the Issued, Allotted and Fully Paid Called up Share Capital of the Company. | ||||||||
| 14. RELATED PARTY TRANSACTIONS | |||||||||||||||||||||||||||||||||||||
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