Sabiib Foods Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14230851

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		598,338		368,661

			598,338		368,661
CURRENT ASSETS
Stocks	5	21,826		9,215
Cash at bank and in hand		608		31,457

		22,434		40,672
Creditors: Amounts Falling Due Within One Year	6	(563,861 )		(54,555 )

NET CURRENT ASSETS (LIABILITIES)			(541,427 )		(13,883 )

TOTAL ASSETS LESS CURRENT LIABILITIES			56,911		354,778

Creditors: Amounts Falling Due After More Than One Year	7		(531,260 )		(528,760 )

NET LIABILITIES			(474,349 )		(173,982 )

CAPITAL AND RESERVES
Called up share capital	9		100		100
Profit and Loss Account			(474,449 )		(174,082 )

SHAREHOLDERS' FUNDS			(474,349)		(173,982)

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Sabiib Foods Ltd

Balance Sheet (continued)

As At 31 July 2025

For the year ending 31 July 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 directors acknowledge their 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

Mr Liban Ibrahim

Director

30/03/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Sabiib Foods Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 14230851 . The registered office is 139 High Road, London, W3 6LX.

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:

Leasehold	18% Reducing balance
Plant & Machinery	18% Reducing balance
Fixtures & Fittings	18% Reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 75 (2024: 33)

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Sabiib Foods Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 August 2024	180,563	134,647	178,402	493,612
Additions	93,604	126,808	139,710	360,122

As at 31 July 2025	274,167	261,455	318,112	853,734

Depreciation
As at 1 August 2024	32,501	34,419	58,031	124,951
Provided during the period	43,500	40,866	46,079	130,445

As at 31 July 2025	76,001	75,285	104,110	255,396

Net Book Value
As at 31 July 2025	198,166	186,170	214,002	598,338

As at 1 August 2024	148,062	100,228	120,371	368,661

5. Stocks

	2025	2024
	£	£
Materials	21,826	9,215

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,000	15,000
Trade creditors	517,122	6,570
Other taxes and social security	27,622	-
VAT	9,117	32,985

	563,861	54,555

7. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	10,000	17,500
Directors loan account	521,260	511,260

	531,260	528,760

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Sabiib Foods Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 July 2025

8. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	10,000	15,000
Later than one year and not later than five years	10,000	17,500

	20,000	32,500

	20,000	32,500

9. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

10. Related Party Transactions

The company is controlled by Mr L Ibrahim, Mr S Ozberber and Mr M Ahmed, directors and shareholders of the company.

The balance on the directors' loan account of Mr L Ibrahim, Mr S Ozberber and Mr M Ahmed at 31st July 2025 was £521,260 due from the company (2024 - £511,260 )

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