FOODART UK LIMITED - Filleted accounts

Registered number

05936218

FOODART UK LIMITED

Filleted Accounts

30 November 2025

FOODART UK LIMITED
Registered number:		05936218
Balance Sheet
as at 30 November 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		2,852,854			1,459,375
			2,852,854			1,459,375

Current assets
Stocks		474,374			692,687
Debtors	4	1,640,740			1,112,116
Investments held as current assets	5	150,000			150,000
Cash at bank and in hand		95,963			178,283
		2,361,077			2,133,086

Creditors: amounts falling due within one year	6	(808,175)			(597,750)

Net current assets			1,552,902			1,535,336

Total assets less current liabilities			4,405,756			2,994,711

Creditors: amounts falling due after more than one year	7		(2,040,067)			(2,130,219)

Net assets			2,365,689			864,492

Capital and reserves
Called up share capital			100			100
Share premium			-			-
Revaluation reserve	8		1,393,000			-
Profit and loss account			972,589			864,392

Shareholder's funds			2,365,689			864,492

The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The member has not required the company to obtain an audit in accordance with section 476 of the Act.
The director acknowledges his 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.


Emrah Sahbaz
Director
Approved by the board on 24 June 2026

FOODART UK LIMITED
Notes to the Accounts
for the year ended 30 November 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).

	Turnover
	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
	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			over 5 years
	Fixtures, fittings, tools and equipment			over 5 years

	Investments
	Investments in subsidiaries, associates and joint ventures are measured at cost less any accumulated impairment losses. Listed investments are measured at fair value. Unlisted investments are measured at fair value unless the value cannot be measured reliably, in which case they are measured at cost less any accumulated impairment losses. Changes in fair value are included in the profit and loss account.

	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
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.





	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	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.

	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 plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					35		25












3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 December 2024	1,092,000		160,392		735,535		1,987,927
	Additions	-		23,500		68,917		92,417
	Surplus on revaluation	1,393,000		-		-		1,393,000
	Disposals	-		-		-		-
	At 30 November 2025	2,485,000		183,892		804,452		3,473,344

	Depreciation
	At 1 December 2024	-		125,376		403,176		528,552
	Charge for the year	-		11,703		80,235		91,938
	Surplus on revaluation	-		-		-		-
	On disposals	-		-		-		-
	At 30 November 2025	-		137,079		483,411		620,490

	Net book value
	At 30 November 2025	2,485,000		46,813		321,041		2,852,854
	At 30 November 2024	1,092,000		35,016		332,359		1,459,375


4	Debtors					2025		2024
£							£

	Trade debtors					561,160		434,213
	Prepayments					303,914		292,350
	Staff loans					326,663		-
	Director's accounts					449,003		385,553
						1,640,740		1,112,116

5	Investments held as current assets					2025		2024
£							£
	Fair value
	Unlisted investments					150,000		150,000
						150,000		150,000


6	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					53,845		54,174
	Finance providers					408,235		-
	Trade creditors					124,350		371,234
	Taxation and social security costs					221,745		172,342
						808,175		597,750


7	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					111,977		122,332
	Obligations under finance lease and hire purchase contracts					1,928,090		2,007,887
						2,040,067		2,130,219


8	Revaluation reserve					2025		2024
£							£

	At 1 December 2024					-		-
	Gain on revaluation of land and buildings					1,393,000		-

	At 30 November 2025					1,393,000		-


9	Controlling party
	Emrah Sahbaz


10	Other information

	FOODART UK LIMITED is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 3b Brimsdown Industrial Estate
	55 Lockfield Avenue
	Enfield
	Middlesex
	EN3 7PY