MADRAS FLAVOURS READING LIMITED

MADRAS FLAVOURS READING LIMITED
Statement of Financial Position
As at 31 March 2026

	Notes	2026 £
Fixed assets
Tangible fixed assets	3	79,737
		79,737
Current assets
Stocks		25,712
Debtors		120,070
Cash at bank and in hand		67,920
		213,702
Creditors: amount falling due within one year		(259,234)
Net current assets		(45,532)

Total assets less current liabilities		34,205
Net assets		34,205

Capital and reserves
Called up share capital	4	100
Profit and loss account		34,105
Shareholders' funds		34,205

For the period ended 31 March 2026 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 period 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 accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

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

The financial statements were approved by the board of directors on 21 September 2026 and were signed on its behalf by:

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Mubarak ABDUL JABBAR
Director

MADRAS FLAVOURS READING LIMITED
Notes to the Abridged Financial Statements
For the Period 23 May 2025 to 31 March 2026

General Information

MADRAS FLAVOURS READING LIMITED is a private company, limited by shares, registered in , registration number 16471605, registration address 11-13 Kings Road, Reading, RG1 3AR.

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.

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 statement of financial position when their payment has been approved by the shareholders prior to the statement of financial position 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	3 Straight Line
Fixtures and Fittings	5 Straight Line
Improvements to property	10 Straight Line

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.

2.	Average number of employees Average number of employees during the period was 25.

Tangible fixed assets

Cost or valuation	Plant and Machinery	Fixtures and Fittings	Improvements to property	Total
	£	£	£	£
At 23 May 2025	-	-	-	-
Additions	25,329	31,500	37,200	94,029
Disposals	-	-	-	-
At 31 March 2026	25,329	31,500	37,200	94,029
Depreciation
At 23 May 2025	-	-	-	-
Charge for period	5,727	5,385	3,180	14,292
On disposals	-	-	-	-
At 31 March 2026	5,727	5,385	3,180	14,292
Net book values
Closing balance as at 31 March 2026	19,602	26,115	34,020	79,737
Opening balance as at 23 May 2025	-	-	-	-

Share Capital

Allotted, called up and fully paid	2026 £
100 Ordinary shares of £1.00 each	100
	100

Related parties

During the year the company entered into the following transactions with related parties:

	Transaction value - income/(expenses)	Balance owed by/(owed to)
	2026 £	2026 £
Madras Flavours Holdings Ltd	0	10,000
MADRAS FLAVOURS KITCHENS LTD	0	62,000

All balances are unsecured, interest free and have no fixed date for repayment. No guarantees have been given or received, and no amounts have been written off or provided against.