Contents

Balance Sheet

As at 31 January 2026

Balance Sheet Continued

For the period ended 31 January 2026 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The directors have elected not to deliver a copy of the profit and loss account to the registrar, in accordance with section 444(5A) of the Companies Act 2006.

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 of the Companies Act 2006.
• 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 of the small companies regime applicable to micro-entities.

The accounts were approved by the Board of Directors and authorised for issue on 28 October 2026.

Notes to the Financial Statements

For the period 10 January 2024 to 31 January 2026

1. Accounting Policies

Turnover

Turnover is recognised when goods are delivered or services are provided.

Taxation

Corporation tax is provided at amounts expected to be paid (or recovered) using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Debtors

Debtors are recognised at the settlement amount due.

Cash at bank and in hand

Cash at bank and in hand includes cash and short term highly liquid investments.

Creditors

Creditors are recognised when there is an obligation at the balance sheet date as a result of a past event.

Principal activity

The principal activity of the company during the period was Management consultancy activities other than financial management.

Notes to the Financial Statements (continued)

2. Basis of Preparation

These financial statements have been prepared in accordance with the micro-entity provisions of the Companies Act 2006 and FRS 105 The Financial Reporting Standard applicable to the Micro-entities Regime.

Notes to the Financial Statements (continued)

3. Employee Information

The average number of employees during the period was: 5

Advances and credits to directors

Included within creditors falling due within one year is £15,839 owed to the directors.

Notes to the Financial Statements (continued)

4. Company information

Ascend Food Limited is a private company limited by shares, registered in England and Wales under company number 15402091.

Notes to the Financial Statements (continued)

5. Going concern

During the period, several potential projects were explored, involving significant preparatory work and expenditure on consumables and other project-related costs. Unfortunately, none of these projects progressed to completion or generated the anticipated revenue, contributing to the loss incurred during the period.

After careful consideration, the director decided to pursue opportunities to expand the Company's business into the European market.

The director has considered the Company's current financial position and future business prospects and will continue to monitor cash flow and funding requirements closely.

Since the end of the accounting period, the Company has begun generating profits, providing a positive indication of progress towards its business objectives.

Accordingly, the financial statements have been prepared on a going concern basis.

Notes to the Financial Statements (continued)

6. Basis of preparation

The financial statements have been prepared in accordance with FRS 105, The Financial Reporting Standard applicable to the Micro-entities Regime, and the provisions of the Companies Act 2006 applicable to companies subject to the micro-entities regime.

The Company qualifies for the micro-entities regime based on its size and is therefore entitled to apply the simplified accounting and disclosure requirements available under that regime.

The financial statements have been prepared on the historical cost basis, except where otherwise required by FRS 105, and on a going concern basis.

The financial statements cover the 16 months from 1 October 2024 to 31 January 2026.