Company Registration No. 15531105 (England and Wales)
FOOD SYSTEMS RESEARCH LIMITED
Unaudited accounts
for the year ended 31 March 2026
FOOD SYSTEMS RESEARCH LIMITED
Unaudited accounts
Contents
FOOD SYSTEMS RESEARCH LIMITED
Company Information
for the year ended 31 March 2026
Directors
Dr David Simon Godding
Sebastian Charles Worthington
Company Number
15531105 (England and Wales)
Registered Office
4TH FLOOR SILVERSTREAM HOUSE
45 FITZROY STREET
LONDON
W1T 6EB
UNITED KINGDOM
Accountants
Sleek Accounting Ltd
4th Floor
205 Regent Street
London
W1B 4HB
FOOD SYSTEMS RESEARCH LIMITED
Statement of financial position
as at 31 March 2026
Tangible assets
2,554
3,404
Cash at bank and in hand
39,818
55,746
Creditors: amounts falling due within one year
(9,878)
(16,797)
Net current assets
45,158
53,362
Total assets less current liabilities
47,712
56,766
Creditors: amounts falling due after more than one year
-
(120,000)
Net assets/(liabilities)
47,712
(63,234)
Called up share capital
4
4
Share premium
114,999
114,999
Profit and loss account
(67,291)
(178,237)
Shareholders' funds
47,712
(63,234)
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 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 3 July 2026 and were signed on its behalf by
Sebastian Charles Worthington
Director
Company Registration No. 15531105
FOOD SYSTEMS RESEARCH LIMITED
Notes to the Accounts
for the year ended 31 March 2026
FOOD SYSTEMS RESEARCH LIMITED is a private company, limited by shares, registered in England and Wales, registration number 15531105. The registered office is 4TH FLOOR SILVERSTREAM HOUSE, 45 FITZROY STREET, LONDON, W1T 6EB, UNITED KINGDOM.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Computer equipment
25% RBM
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
4
Tangible fixed assets
Computer equipment
FOOD SYSTEMS RESEARCH LIMITED
Notes to the Accounts
for the year ended 31 March 2026
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2026
2025
Taxes and social security
8,734
15,256
Loans from directors
374
-
7
Creditors: amounts falling due after more than one year
2026
2025
Allotted, called up and fully paid:
36,765 Ordinary shares of £0.0001 each
3.67
3.67
9
Transactions with related parties
During the year the company wrote off a liability of £71,000 due to a related party under common control, the amount was waived off and no amount was outstanding to the related party as at year ended 31/03/2026.
10
Average number of employees
During the year the average number of employees was 3 (2025: 3).