| DELIGHT FOODS (UK) LTD |
| Registered number: |
05482490 |
| Balance Sheet |
| as at 30 June 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
127,562 |
|
|
139,015 |
|
| Current assets |
| Stocks |
|
|
1,106,844 |
|
|
586,236 |
| Debtors |
4 |
|
1,181,036 |
|
|
949,754 |
| Cash at bank and in hand |
|
|
34,512 |
|
|
127,544 |
|
|
|
2,322,392 |
|
|
1,663,534 |
|
| Creditors: amounts falling due within one year |
5 |
|
(1,647,902) |
|
|
(1,023,317) |
|
| Net current assets |
|
|
|
674,490 |
|
|
640,217 |
|
| Total assets less current liabilities |
|
|
|
802,052 |
|
|
779,232 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(184,996) |
|
|
(224,183) |
|
|
|
| Net assets |
|
|
|
617,056 |
|
|
555,049 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
616,956 |
|
|
554,949 |
|
| Shareholders' funds |
|
|
|
617,056 |
|
|
555,049 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| T.A.Sebastian |
| Director |
| Approved by the board on 24 April 2026 |
|
| DELIGHT FOODS (UK) LTD |
| Notes to the Accounts |
| for the year ended 30 June 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Going concern |
|
The financial statements have been prepared on a going concern basis.The directors have reviewed the company’s financial position, including cash flow forecasts, working capital requirements and available facilities. Based on this review, the directors are satisfied that the company has adequate resources to continue in operational existence for the foreseeable future. |
|
|
Turnover |
|
Turnover represents the fair value of consideration receivable for goods supplied in the ordinary course of business, net of trade discounts and value added tax. Revenue is recognised when control of the goods has transferred to the customer. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Debtors |
|
Trade and other debtors are recognised at transaction price less impairment for doubtful or irrecoverable amounts. Provision is made where there is objective evidence that the company will not be able to collect all amounts due. |
|
|
Creditors |
|
Trade and other creditors are recognised at transaction price. Financial liabilities are subsequently measured at amortised cost using the effective interest method where applicable. |
|
|
Taxation |
|
The tax charge represents the corporation tax payable on the taxable profit for the year.
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, where it is probable that the liability will be settled or the asset recovered. |
|
|
Provisions |
|
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably. |
|
|
Foreign currency translation |
|
Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss. |
|
|
Leased assets |
|
A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term. |
|
|
Pensions |
|
Contributions to defined contribution pension schemes are charged to profit or loss in the period to which they relate. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
29 |
|
27 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 July 2024 |
88,553 |
|
280,873 |
|
369,426 |
|
Additions |
1,115 |
|
44,099 |
|
45,214 |
|
At 30 June 2025 |
89,668 |
|
324,972 |
|
414,640 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 July 2024 |
41,757 |
|
188,654 |
|
230,411 |
|
Charge for the year |
11,859 |
|
44,808 |
|
56,667 |
|
At 30 June 2025 |
53,616 |
|
233,462 |
|
287,078 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 June 2025 |
36,052 |
|
91,510 |
|
127,562 |
|
At 30 June 2024 |
46,796 |
|
92,219 |
|
139,015 |
|
|
|
|
|
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
1,059,968 |
|
768,947 |
|
Other debtors |
121,068 |
|
180,807 |
|
|
|
|
|
|
1,181,036 |
|
949,754 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans and overdrafts |
10,000 |
|
10,000 |
|
Obligations under finance lease and hire purchase contracts |
36,132 |
|
39,724 |
|
Trade creditors |
1,201,970 |
|
714,084 |
|
Taxation and social security costs |
51,271 |
|
70,809 |
|
Other creditors |
348,529 |
|
188,700 |
|
|
|
|
|
|
1,647,902 |
|
1,023,317 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
848 |
|
11,102 |
|
Obligations under finance lease and hire purchase contracts |
29,059 |
|
57,992 |
|
Other creditors |
155,089 |
|
155,089 |
|
|
|
|
|
|
184,996 |
|
224,183 |
|
| 7 |
Dividends |
|
|
Dividends of £100,000 (2024: £100,000) were declared and paid during the year to the shareholders. |
|
| 8 |
Other information |
|
|
DELIGHT FOODS (UK) LTD is a private company limited by shares and incorporated in England. Its registered office is: |
|
Unit 3, Al-Amin Buildings |
|
Grosvenor Road |
|
Birmingham |
|
B6 7LZ |