16 December 2024 false No description of principal activity Taxfiler 2024.6 16137307 business:PrivateLimitedCompanyLtd 2024-12-16 2025-12-31 16137307 2024-12-15 16137307 2024-12-16 2025-12-31 16137307 business:AuditExemptWithAccountantsReport 2024-12-16 2025-12-31 16137307 business:FilletedAccounts 2024-12-16 2025-12-31 16137307 2025-12-31 16137307 business:Director1 2024-12-16 2025-12-31 16137307 core:WithinOneYear 2025-12-31 16137307 core:AfterOneYear 2025-12-31 16137307 core:ShareCapital core:PreviouslyStatedAmount 2025-12-31 16137307 core:RetainedEarningsAccumulatedLosses core:PreviouslyStatedAmount 2025-12-31 16137307 core:PreviouslyStatedAmount 2025-12-31 16137307 business:SmallEntities 2024-12-16 2025-12-31 16137307 countries:EnglandWales 2024-12-16 2025-12-31 16137307 core:PlantMachinery 2024-12-16 2025-12-31 16137307 core:MotorVehicles 2024-12-16 2025-12-31 16137307 core:FurnitureFittings 2024-12-16 2025-12-31 16137307 core:ComputerEquipment 2024-12-16 2025-12-31 16137307 core:IntangibleAssetsOtherThanGoodwill 2024-12-15 16137307 core:IntangibleAssetsOtherThanGoodwill 2024-12-16 2025-12-31 16137307 core:IntangibleAssetsOtherThanGoodwill 2025-12-31 16137307 core:PlantMachinery 2024-12-15 16137307 core:MotorVehicles 2024-12-15 16137307 core:FurnitureFittings 2024-12-15 16137307 core:ComputerEquipment 2024-12-15 16137307 core:PlantMachinery 2025-12-31 16137307 core:MotorVehicles 2025-12-31 16137307 core:FurnitureFittings 2025-12-31 16137307 core:ComputerEquipment 2025-12-31 iso4217:GBP xbrli:pure
Company Registration No. 16137307 (England and Wales)
Faaz Foods Ltd Unaudited accounts for the period from 16 December 2024 to 31 December 2025
Faaz Foods Ltd Unaudited accounts Contents
Page
Company information
3
Statement of financial position
4
Notes to the accounts
5
- 2 -
Faaz Foods Ltd Company Information for the period from 16 December 2024 to 31 December 2025
Director
Mohammad Ali ALIKKA VEED
Company Number
16137307 (England and Wales)
Accountants
Orb7 Limited 53 Peartree Drive,Farnworth,Bolton,Lanca Manchester Bolton Lancashire BL4 9RR
- 3 -
Faaz Foods Ltd Statement of financial position as at 31 December 2025
2025
Notes
£
Fixed assets
Intangible assets
4
1,020
Tangible assets
5
82,391
83,411
Current assets
Inventories
138,110
Debtors
6
72,129
Cash at bank and in hand
5,840
216,079
Creditors: amounts falling due within one year
7
(231,751)
Net current liabilities
(15,672)
Total assets less current liabilities
67,739
Creditors: amounts falling due after more than one year
8
(28,650)
Net assets
39,089
Capital and reserves
Called up share capital
100
Profit and loss account
38,989
Shareholders' funds
39,089
For the period ending 31 December 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 27 March 2026 and were signed on its behalf by
Mohammad Ali ALIKKA VEED Director Company Registration No. 16137307
- 4 -
Faaz Foods Ltd Notes to the Accounts for the period from 16 December 2024 to 31 December 2025
1
Statutory information
Faaz Foods Ltd is a private company, limited by shares, registered in England and Wales, registration number 16137307.
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.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
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.
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% Diminishing balancing method
Motor vehicles
20% Diminishing balancing method
Fixtures & fittings
10% Diminishing balancing method
Computer equipment
25% Diminishing balancing method
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories
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.
- 5 -
Faaz Foods Ltd Notes to the Accounts for the period from 16 December 2024 to 31 December 2025
4
Intangible fixed assets
Other
£
Cost
At 16 December 2024
-
Additions
1,200
At 31 December 2025
1,200
Amortisation
At 16 December 2024
-
On disposals
180
At 31 December 2025
180
Net book value
At 31 December 2025
1,020
5
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
£
£
£
£
£
Cost or valuation
At cost
At cost
At cost
At cost
At 16 December 2024
-
-
-
-
-
Additions
10,130
25,548
59,443
466
95,587
At 31 December 2025
10,130
25,548
59,443
466
95,587
Depreciation
Charge for the period
2,026
5,109
5,944
117
13,196
At 31 December 2025
2,026
5,109
5,944
117
13,196
Net book value
At 31 December 2025
8,104
20,439
53,499
349
82,391
6
Debtors
2025
£
Amounts falling due within one year
VAT
2,235
Trade debtors
40,284
Accrued income and prepayments
5,910
Other debtors
10,388
58,817
Amounts falling due after more than one year
Accrued income and prepayments
13,212
Other debtors
100
13,312
- 6 -
Faaz Foods Ltd Notes to the Accounts for the period from 16 December 2024 to 31 December 2025
7
Creditors: amounts falling due within one year
2025
£
Trade creditors
199,036
Other creditors
32,715
231,751
8
Creditors: amounts falling due after more than one year
2025
£
Bank loans
28,650
9
Average number of employees
During the period the average number of employees was 0.
- 7 -