GOURMET SUPPLIES LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: 07795747 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

GOURMET SUPPLIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Andries

R Madrid

REGISTERED OFFICE:

Unit A03, Leyton Industrial Village

Argall Avenue

London

E10 7QP

REGISTERED NUMBER:

07795747 (England and Wales)

ACCOUNTANTS:

TAL Accounting

36 Junction Road

London

N19 5RD

FIXED ASSETS

Tangible assets

4

60,413

78,626

CURRENT ASSETS

Stocks

44,177

51,486

Debtors

5

735,963

740,132

Cash at bank and in hand

625,036

563,958

1,405,176

1,355,576

CREDITORS

Amounts falling due within one year

6

643,233

574,938

NET CURRENT ASSETS

761,943

780,638

TOTAL ASSETS LESS CURRENT
LIABILITIES

822,356

859,264

CREDITORS

Amounts falling due after more than one year

7

93,665

121,521

NET ASSETS

728,691

737,743

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

9

728,591

737,643

SHAREHOLDERS' FUNDS

728,691

737,743

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by:

A Andries - Director

R Madrid - Director

1.	STATUTORY INFORMATION

GOURMET SUPPLIES LIMITED is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery etc

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 13 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

263,913

Additions

37,327

Disposals

(26,995

)

At 31 October 2025

274,245

DEPRECIATION

At 1 November 2024

185,287

Charge for year

42,043

Eliminated on disposal

(13,498

)

At 31 October 2025

213,832

NET BOOK VALUE

At 31 October 2025

60,413

At 31 October 2024

78,626

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade debtors

564,704

568,284

Other debtors

171,259

171,848

735,963

740,132

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.10.25

31.10.24

£

Trade creditors

489,209

358,434

Taxation and social security

152,709

215,319

Other creditors

1,315

1,185

643,233

574,938

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.10.25

31.10.24

£

Bank loans

93,665

121,521

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.10.25

31.10.24

value:

£

100

Ordinary

£1

100

9.

RESERVES

Retained

earnings

£

At 1 November 2024

737,643

Profit for the year

420,048

Dividends

(429,100

)

At 31 October 2025

728,591

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 October 2025 and 31 October 2024:

31.10.25

31.10.24

£

A Andries

Balance outstanding at start of year

78,010

(5,234

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

78,010

R Madrid

Balance outstanding at start of year

39,610

(5,234

)

Amounts repaid

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

39,610

The loans are repayable within one year; and interest is due at 2.25% / 3.75% per annum.

11.	ULTIMATE CONTROLLING PARTY

The company is controlled by the directors by virtue of their shareholdings in the company.