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Registered number: 09436878
Food Medic Ltd
Unaudited Financial Statements
For The Year Ended 31 March 2026
FMA Accountants
Chartered Certified Accountants
C/O FMA Online Ltd
Building 3 Chiswick Business Park
566 Chiswick High Road
Chiswick
W4 5YA
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 09436878
2026 2025
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 12,944 17,036
Investments 5 415,194 415,194
428,138 432,230
CURRENT ASSETS
Debtors 6 - 133,459
Cash at bank and in hand 380,000 320,488
380,000 453,947
Creditors: Amounts Falling Due Within One Year 7 (86,986 ) (127,288 )
NET CURRENT ASSETS (LIABILITIES) 293,014 326,659
TOTAL ASSETS LESS CURRENT LIABILITIES 721,152 758,889
NET ASSETS 721,152 758,889
CAPITAL AND RESERVES
Called up share capital 8 1 1
Revaluation reserve 194 194
Profit and Loss Account 720,957 758,694
SHAREHOLDERS' FUNDS 721,152 758,889
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Page 2
For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges her 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.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Ms Hazel Wallace
Director
22/04/2026
The notes on pages 3 to 5 form part of these financial statements.
Page 2
Page 3
Notes to the Financial Statements
1. General Information
Food Medic Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 09436878 . The registered office is C/O FMA Online Ltd, Building 3 Chiswick Business Park, 566 Chiswick High Road, Chiswick, W4 5YA.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Motor Vehicles 25% Straight Line
Computer Equipment 15% Reducing Balance
3. Average Number of Employees
Average number of employees, including directors, during the year was: 1 (2025: 1)
1 1
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4. Tangible Assets
Motor Vehicles Computer Equipment Total
£ £ £
Cost
As at 1 April 2025 19,167 10,700 29,867
Additions - 2,921 2,921
Disposals - (5,762 ) (5,762 )
As at 31 March 2026 19,167 7,859 27,026
Depreciation
As at 1 April 2025 5,990 6,841 12,831
Provided during the period 4,792 2,221 7,013
Disposals - (5,762 ) (5,762 )
As at 31 March 2026 10,782 3,300 14,082
Net Book Value
As at 31 March 2026 8,385 4,559 12,944
As at 1 April 2025 13,177 3,859 17,036
5. Investments
Listed
£
Cost or Valuation
As at 1 April 2025 415,194
As at 31 March 2026 415,194
Provision
As at 1 April 2025 -
As at 31 March 2026 -
Net Book Value
As at 31 March 2026 415,194
As at 1 April 2025 415,194
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6. Debtors
2026 2025
£ £
Due within one year
Intercompany Balance - H.Wallace Property Loan - 131,000
Intercompany Balance - DRHWallace Ltd - 500
Intercompany Balance - The Food Medic Hub Ltd - 1,959
- 133,459
7. Creditors: Amounts Falling Due Within One Year
2026 2025
£ £
Trade creditors 1,449 -
Bank loans and overdrafts 5,870 -
Corporation tax 58,436 91,359
Other taxes and social security 311 -
VAT 20,920 35,929
86,986 127,288
8. Share Capital
2026 2025
£ £
Allotted, Called up and fully paid 1 1
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