Speciality Food Traders Limited

Speciality Food Traders Limited
Directors' Report
For the year ended 31 December 2025

Director's report and financial statements

The directors present their annual report and the financial statements for the year ended 31 December 2025.

Principal activities

The principal activity of the company during the financial year was that of specialist food wholesalers.

Directors

The directors who served the company throughout the year were as follows:

Marcello Bizio

Marlena Joanna Wegielek

Statement of directors' responsibilities

The directors are responsible for preparing the directors' report and the financial statements in accordance with applicable law and regulations and in accordance with United Kingdom Generally Accepted Accounting Practice.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (Financial Reporting Standard 102). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and the profit or loss of the company for that period.
In preparing these financial statements, the directors are required to :

select suitable accounting policies and then apply them consistently
make judgements and accounting estimates that are reasonable and prudent
state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements and
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the companys transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom, governing the preparation and dissemination of financial statements, may differ from legislation in other jurisdictions.

This report was approved by the board and signed on its behalf by:

----------------------------------
Marcello Bizio
Director

Date approved: 28 August 2026

Speciality Food Traders Limited Accountants' Report For the year ended 31 December 2025
Report to the directors on the preparation of the unaudited statutory accounts of Speciality Food Traders Limited for the year ended 31 December 2025. In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Speciality Food Traders Limited for the year ended 31 December 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given to us. As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations. This report is made solely to the Board of Directors of Speciality Food Traders Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Speciality Food Traders Limited and state those matters that we have agreed to state to the Board of Directors of Speciality Food Traders Limited, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Speciality Food Traders Limited and its Board of Directors as a body for our work or for this report. It is your duty to ensure that Speciality Food Traders Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Speciality Food Traders Limited.You consider that Speciality Food Traders Limited is exempt from the statutory audit requirement for the year. We have not been instructed to carry out an audit of the accounts of Speciality Food Traders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 December 2025. .................................................... Ludlow Painter Limited Produce House 1a Wickham Court Road West Wickham Kent BR4 9LN 28 August 2026 3

Speciality Food Traders Limited
Accountants' Report
For the year ended 31 December 2025

Report to the directors on the preparation of the unaudited statutory accounts of Speciality Food Traders Limited for the year ended 31 December 2025.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of Speciality Food Traders Limited for the year ended 31 December 2025 which comprise of the Profit and Loss Account, the Statement of Comprehensive Income, the Balance Sheet, the Statement of Changes in Equity and the related notes from the companys accounting records and from information and explanations you have given to us.

As a practising member firm of the Institute of Financial Accountants (IFA), we are subject to its ethical and other professional requirements which are detailed at https://www.ifa.org.uk/about-us/acting-in-the-public-interest/memberregulations.

This report is made solely to the Board of Directors of Speciality Food Traders Limited, as a body, in accordance with the terms of our engagement letter. Our work has been undertaken solely to prepare for your approval the accounts of Speciality Food Traders Limited and state those matters that we have agreed to state to the Board of Directors of Speciality Food Traders Limited, as a body, in this report.To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Speciality Food Traders Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that Speciality Food Traders Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit or loss of Speciality Food Traders Limited.You consider that Speciality Food Traders Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit of the accounts of Speciality Food Traders Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the financial statements 31 December 2025.

....................................................
Ludlow Painter Limited
Produce House
1a Wickham Court Road
West Wickham
Kent
BR4 9LN
28 August 2026

Speciality Food Traders Limited
Balance Sheet
As at 31 December 2025

	Notes	2025 £	2024 £
Fixed assets
Tangible fixed assets	5	64,004	51,367
		64,004	51,367
Current assets
Stocks	6	177,630	180,484
Debtors	7	672,640	628,699
Cash at bank and in hand		219,808	195,751
		1,070,078	1,004,934
Creditors: amount falling due within one year	8	(436,313)	(422,830)
Net current assets		633,765	582,104

Total assets less current liabilities		697,769	633,471
Creditors: amount falling due after more than one year	9	(30,964)	(30,354)
Net assets		666,805	603,117

Capital and reserves
Called up share capital	10	20	20
Profit and loss account		666,785	603,097
Shareholders' funds		666,805	603,117

For the year ended 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
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.

These 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 profit and loss account has not been delivered to the Registrar of Companies.

The financial statements were approved by the board of directors on 28 August 2026 and were signed on its behalf by:

-------------------------------
Marlena Joanna Wegielek
Director

Speciality Food Traders Limited
Statement of Changes in Equity
For the year ended 31 December 2025

	Equity share capital	Retained Earnings	Total
	£	£	£
At 01 January 2024	20	491,302	491,322
Profit/(Loss) for the year		286,795	286,795
Total comprehensive income for the year	-	286,795	286,795
Dividends		(175,000)	(175,000)
Total investments by and distributions to owners	-	(175,000)	(175,000)
At 31 December 2024	20	603,097	603,117
At 01 January 2025	20	603,097	603,117
Profit/(Loss) for the year		238,688	238,688
Total comprehensive income for the year	-	238,688	238,688
Dividends		(175,000)	(175,000)
Total investments by and distributions to owners	-	(175,000)	(175,000)
At 31 December 2025	20	666,785	666,805

Speciality Food Traders Limited
Notes to the Financial Statements
For the year ended 31 December 2025

General Information

Speciality Food Traders Limited is a private company, limited by shares, registered in England and Wales, registration number 04890920, registration address Unit 66, Raymouth Road, London, SE16 2DB.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Going concern basis

The directors believe that the company is experiencing good levels of sales growth and profitability, and that it is well placed to manage its business risks successfully. Accordingly, they have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Operating lease rentals

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

Finance lease and hire purchase charges

The finance element of the rental payment is charged to the profit and loss account on a straight line basis.

Website cost

Planning and operating costs for the company's website are charged to the profit and loss account as incurred.

Foreign currencies

Monetary assets and liabilities denominated in foreign currencies are translated into sterling at the rate of exchange ruling at the balance sheet date. Transactions in foreign currencies are recorded at the rate ruling at the date of the transaction. All foreign exchange differences are included to the profit and loss account.

Taxation

Taxation represents the sum of tax currently payable and deferred tax. Tax is recognised in the statement of income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves.
The company’s liability for current tax is calculated using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Current and deferred tax assets and liabilities are not discounted

Dividends

Proposed dividends are only included as liabilities in the balance sheet when their payment has been approved by the shareholders prior to the balance sheet date.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Plant and Machinery	25% Reducing Balance
Motor Vehicles	25% Reducing Balance
Office Equipment	25% Reducing Balance

Assets on finance lease and hire purchase

Assets held under finance lease or hire purchase contracts i.e. those contracts where substantially all the risks and rewards of ownership have passed to the company, are included in the appropriate category of tangible fixed assets and depreciated over the shorter of the lease term and their estimated expected useful lives.
Future obligations under such contracts are included in creditors net of the finance charge allocated to future periods.

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

Directors' Emoluments

	2025 £	2024 £
Administrative Expenses
Directors Remuneration	25,140	25,140
	25,140	25,140

Staff Costs

	2025 £	2024 £
Wages and salaries	255,851	234,039
Social security costs	20,860	17,660
Pension costs, defined contribution plan	4,537	4,282
Other staff costs	2,399	14,121
	283,647	270,102

4.	Average number of employees Average number of employees during the year was 8 (2024 : 8).

Tangible fixed assets

Cost or valuation	Plant and Machinery	Motor Vehicles	Office Equipment	Total
	£	£	£	£
At 01 January 2025	47,575	68,637	17,165	133,377
Additions	-	46,700	393	47,093
Disposals	-	(45,622)	-	(45,622)
At 31 December 2025	47,575	69,715	17,558	134,848
Depreciation
At 01 January 2025	45,966	24,577	11,467	82,010
Charge for year	402	5,786	1,469	7,657
On disposals	-	(18,823)	-	(18,823)
At 31 December 2025	46,368	11,540	12,936	70,844
Net book values
Closing balance as at 31 December 2025	1,207	58,175	4,622	64,004
Opening balance as at 01 January 2025	1,609	44,060	5,698	51,367

Stocks

	2025 £		2024 £
Stocks	177,630		180,484
	177,630		180,484

Debtors: amounts falling due within one year

	2025 £	2024 £
Trade Debtors	509,162	493,699
Prepayments & Accrued Income	3,333	0
Directors Loan Account	150,000	135,000
VAT	10,145	0
	672,640	628,699

Creditors: amount falling due within one year

	2025 £	2024 £
Trade Creditors	282,573	174,674
Bank Loans & Overdrafts (Secured)	9,333	16,000
Corporation Tax	75,456	86,159
PAYE & Social Security	14,874	8,077
Accrued Expenses	20,000	54,068
Other Creditors	1,341	55,809
Obligations under HP/Financial Leases	19,513	17,614
Credit Card Account	1,438	1,533
Directors Current Account	11,785	8,088
VAT	0	808
	436,313	422,830

Creditors: amount falling due after more than one year

	2025 £	2024 £
Bank Loans & Overdrafts (secured)	0	9,333
Obligations Under HP/Financial Leases	30,964	21,021
	30,964	30,354

10.

Share Capital

Allotted, called up and fully paid	2025 £		2024 £
20 Class A shares of £1.00 each	20		20
	20		20

11.

Advances and Credits

Directors Advance
Directors Advance The following advance to the directors M. Wegielek and M. Bizio Was made during the year. The advance was repaid shortly after the year end.

Current year (2025)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Directors Advance	135,000		150,000		0		135,000		0		0		150,000
	135,000		150,000		0		135,000		0		0		150,000

Previous year (2024)

	Brought Forward £		Amount £		Interest £		Repaid £		Written Off £		Waived £		Carry Forward £
Directors Advance	0		135,000		0		0		0		0		135,000
	0		135,000		0		0		0		0		135,000

Registered Number: 04890920
England and Wales
SPECIALITY FOOD TRADERS LIMITED

Unaudited Financial Statements

Period of accounts Start date: 01 January 2025 End date: 31 December 2025