GT FOODS LTD

Company Registration Number:
15676354 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2025

Period of accounts

Start date: 01 November 2024

End date: 31 October 2025

GT FOODS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2025

Balance sheet
Notes

GT FOODS LTD

Balance sheet

As at 31 October 2025


Notes
2025
6 months to 31 October 2024


£
£
Fixed assets
Intangible assets: 3 38,500 0
Tangible assets: 4 133,608 0
Total fixed assets: 172,108 0
Current assets
Stocks: 112,600
Debtors: 5 30,150
Cash at bank and in hand: 6,112 1
Total current assets: 148,862 1
Net current assets (liabilities): 148,862 1
Total assets less current liabilities: 320,970 1
Creditors: amounts falling due after more than one year:   (340,948)
Total net assets (liabilities): (19,978) 1
Capital and reserves
Called up share capital: 1 1
Profit and loss account: (19,979)
Shareholders funds: (19,978) 1

The notes form part of these financial statements

GT FOODS LTD

Balance sheet statements

For the year ending 31 October 2025 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 July 2026
and signed on behalf of the board by:

Name: Chun Hung Kwok
Status: Director

The notes form part of these financial statements

GT FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

Tangible fixed assets and depreciation policy

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: Freehold buildings over 50 years Leasehold land and buildings over the lease term Plant and machinery 20% at written down value Fixtures, fittings, tools and equipment 15% at written down value

Intangible fixed assets and amortisation policy

Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

Valuation and information policy

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.

Other accounting policies

Taxation A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

GT FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

2. Employees

2025 6 months to 31 October 2024
Average number of employees during the period 11 0

GT FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

3. Intangible Assets

Total
Cost £
At 01 November 2024 0
Additions 38,500
At 31 October 2025 38,500
Amortisation
At 01 November 2024 0
At 31 October 2025 0
Net book value
At 31 October 2025 38,500
At 31 October 2024 0

GT FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

4. Tangible Assets

Total
Cost £
At 01 November 2024 0
Additions 152,342
At 31 October 2025 152,342
Depreciation
At 01 November 2024 0
Charge for year 18,734
At 31 October 2025 18,734
Net book value
At 31 October 2025 133,608
At 31 October 2024 0

GT FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2025

5. Debtors

2025
£
Debtors due after more than one year: 30,150