ACCOUNTS - Final Accounts preparation

Registered number: 13214828

FOOD TEAM GROUP LIMITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 30 APRIL 2025

FOOD TEAM GROUP LIMITED

REGISTERED NUMBER: 13214828

BALANCE SHEET

AS AT 30 APRIL 2025

		2025		2024
Note

Fixed assets
Investments	4		152,564		976,016
			152,564		976,016
Current assets
Debtors: amounts falling due within one year	6	144,526		59,026
Cash at bank and in hand	7	65,241		7,241
		209,767		66,267
Creditors: amounts falling due within one year	8	(131,099)		(51,605)
Net current assets			78,668		14,662
Total assets less current liabilities			231,232		990,678

Net assets			£231,232		£990,678

Capital and reserves
Called up share capital	10,057	10,057
Profit and loss account	221,175	980,621
	£231,232	£990,678

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by:

___________________________

M F Roscoe

Director

Date: 11 May 2026

The notes on pages 2 to 5 form part of these financial statements.

Page 1

FOOD TEAM GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	General information

Food Team Group Limited is a private company, limited by shares, incorporated in England and Wales. The company number is 13214828. The registered office address is Henwood House, Henwood, Ashford, Kent, TN24 8DH. The principal place of business address is 12-16 Grosvenor Road, Tunbridge Wells, Kent, TN1 2AB.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 2

FOOD TEAM GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.Accounting policies (continued)

2.3

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

2.4

Valuation of investments

Investments in subsidiaries are measured at cost less accumulated impairment.

Investments in unlisted Company shares, whose market value can be reliably determined, are remeasured to market value at each balance sheet date. Gains and losses on remeasurement are recognised in the Statement of income and retained earnings for the period. Where market value cannot be reliably determined, such investments are stated at historic cost less impairment.

2.5

Associates and joint ventures

Associates and Joint Ventures are held at cost less impairment.

2.6

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.7

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

2.8

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

2.9

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.

Employees

The average monthly number of employees, including directors, during the year was 1 (2024 - 1).

Page 3

FOOD TEAM GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	Fixed asset investments

	Investments in subsidiary companies	Investments in associates	Total
Cost or valuation
At 1 May 2024	1,177,828	150,000	1,327,828
Additions	-	2,353	2,353
Disposals	(1,177,617)	-	(1,177,617)
At 30 April 2025	211	152,353	152,564

At 1 May 2024	351,812	-	351,812
Impairment on disposals	(351,812)	-	(351,812)
At 30 April 2025	-	-	-
Net book value
At 30 April 2025	£211	£152,353	£152,564
At 30 April 2024	£826,016	£150,000	£976,016

5.	Auditor's information

The auditor's report on the financial statements for the year ended 30 April 2025 was unqualified.

The audit report was signed on 15 May 2026 by Andrew John Childs FCA (Senior statutory auditor) on behalf of Magee Gammon Corporate Limited.

Debtors

2025

2024


Trade debtors	40,000	-
Amounts owed by group undertakings	19,026	19,026
Amounts owed by joint ventures and associated undertakings	84,000	-
Other debtors	1,500	-
Prepayments and accrued income	-	40,000
	£144,526	£59,026

Page 4

FOOD TEAM GROUP LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

7.	Cash and cash equivalents
					2025	2024

	Cash at bank and in hand	£65,241	£7,241

8.	Creditors: Amounts falling due within one year
					2025	2024

Amounts owed to group undertakings	-	36,128
Corporation tax	2,774	-
Other creditors	76,958	15,477
Accruals and deferred income	51,367	-
	£131,099	£51,605

9.	Contingent liabilities

HSBC Bank Plc hold a fixed and floating charge over all the assets of the company. There is a unlimited multilateral guarantee given by subsidiary, FTI Online Limited and a company under common control and former subsidiary, Food Team International Limited.

10.	Ultimate parent undertaking and controlling party

At the balance sheet date, the immediate and ultimate parent undertaking is Food Team Group Holdings Limited, a company incorporated in England and Wales.

M F Roscoe is the controlling party of the company.

The parent undertaking of the group to consolidate their financial statements is Food Team Group Holdings Limited, a company incorporated in England and Wales. The registered office of the company is Henwood House, Henwood, Ashford Kent TN24 8DH.

Food Team Group Holdings Limited is also the most senior parent entity producing publicly available financial statements.

M F Roscoe is the ultimate controlling party of the company. The controlling party of the parent undertaking is M F Roscoe.

The company is exempt from the requirement of preparing consolidated financial statements as it is a subsidiary undertaking included in consolidated financial statements for a larger group, by a parent undertaking established under the law of any part of the United Kingdom.

Food Team Group Holdings Limited has prepared consolidated financial statements which include this company and are publicly available.

Page 5