REGISTERED NUMBER: 16104303 (England and Wales)

Mithai Foods Ltd

Unaudited Financial Statements

for the Period 27 November 2024 to 31 March 2026

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs N K Dhah

H S Dhah

A S Dhah

SECRETARY:

A S Dhah

REGISTERED OFFICE:

94 Lower Road

Belvedere

Kent

DA17 6DZ

REGISTERED NUMBER:

16104303 (England and Wales)

ACCOUNTANTS:

BK Plus Limited

Chartered Certified Accountants

5 London Road

Rainham

Gillingham

Kent

ME8 7RG

FIXED ASSETS

Tangible assets

4

17,960

CURRENT ASSETS

Inventories

3,500

Debtors

5

277

Cash at bank and in hand

14,205

17,982

CREDITORS

Amounts falling due within one year

6

41,330

NET CURRENT LIABILITIES

(23,348

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(5,388

)

CAPITAL AND RESERVES

Called up share capital

7

1

Retained earnings

(5,389

)

SHAREHOLDERS' FUNDS

(5,388

)

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the period ended 31 March 2026 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 20 July 2026 and were signed on its behalf by:

A S Dhah - Director

1.	STATUTORY INFORMATION

Mithai Foods Ltd 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

At the year end the company had net liabilities of £5,388. Included within creditors is an amount of £33,228 owed to a related company. The related company has continued to provide support this since the year end. The directors expect the company to increase revenues and become profitable in the near future. On this basis, the directors consider it appropriate to prepare the financial statements on the going concern basis.

Income recognition

Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Tangible fixed assets

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

Plant and machinery etc

-

20% on reducing balance

Inventories

Inventories are measured at the lower of cost and estimated selling price less costs to complete and sell.

In respect of work in progress and finished goods, cost includes an appropriate proportion of attributable overheads according to the stage of manufacture/completion.

Financial instruments

The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in the income statement.

Taxation

Taxation for the period 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 statement of financial position date.

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 period was 7 .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

Additions

22,450

At 31 March 2026

22,450

DEPRECIATION

Charge for period

4,490

At 31 March 2026

4,490

NET BOOK VALUE

At 31 March 2026

17,960

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Amounts owed by group undertakings

1

Other debtors

276

277

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

£

Trade creditors

485

Taxation and social security

1,537

Other creditors

39,308

41,330

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

value:

£

100

Ordinary

£.01

1

100 Ordinary shares of £.01 each were allotted and fully paid for cash at par during the period.

8.	ULTIMATE CONTROLLING PARTY

Mithai Foods Ltd is a wholly owned subsidiary of Mahn Group Holdings Ltd, a company incorporated in England and Wales whose registered office address is 5 London Road, Rainham, Kent, United Kingdom, ME8 7RG.