REGISTERED NUMBER: 04646418

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

FOOD N TIPPLE LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

G V Naran

A Naran

Registered office:

190 Tong Road

Little Lever

Bolton

BL3 1PU

Registered number:

04646418

Accountants:

DBF Associates

Chartered Accountants

South Cheetham B C

10 Park Place

Manchester

Lancashire

M4 4EY

Fixed assets

Intangible assets

4

235,000

235,000

Tangible assets

5

2,447,226

2,468,858

2,682,226

2,703,858

Current assets

Stocks

160,350

195,230

Cash at bank and in hand

425,105

329,506

585,455

524,736

Creditors

Amounts falling due within one year

6

628,345

630,166

Net current liabilities

(42,890

)

(105,430

)

Total assets less current liabilities

2,639,336

2,598,428

Creditors

Amounts falling due after more than one year

7

713,930

713,930

Net assets

1,925,406

1,884,498

Capital and reserves

Called up share capital

8

99

99

Retained earnings

1,925,307

1,884,399

Shareholders' funds

1,925,406

1,884,498

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16th September 2025 and were signed on its behalf by:

G V Naran - Director

1.	Statutory information

Food N Tipple Limited is a private company, limited by shares , registered in Not specified/Other. The company's registered number and registered office address can be found on the Company Information page.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of nil years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Fixtures and fittings

-

10% on reducing balance

Motor vehicles

-

10% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 year was 31 (2024 - 31 ) .

4.	Intangible fixed assets

Goodwill

£

Cost

At 1st April 2024

and 31st March 2025

235,000

Net book value

At 31st March 2025

235,000

At 31st March 2024

235,000

5.	Tangible fixed assets

Improvements

Fixtures

Freehold

to

and

Motor

property

property

fittings

vehicles

Totals

£

£

£

£

£

Cost

At 1st April 2024

2,170,629

66,228

489,006

16,674

2,742,537

Additions

-

-

1,824

-

1,824

At 31st March 2025

2,170,629

66,228

490,830

16,674

2,744,361

Depreciation

At 1st April 2024

-

2,560

258,843

12,276

273,679

Charge for year

-

-

23,016

440

23,456

At 31st March 2025

-

2,560

281,859

12,716

297,135

Net book value

At 31st March 2025

2,170,629

63,668

208,971

3,958

2,447,226

At 31st March 2024

2,170,629

63,668

230,163

4,398

2,468,858

6.

Creditors: amounts falling due within one year

2025

2024

£

£

Bank loans and overdrafts

125,217

145,966

Trade creditors

316,523

302,130

Tax

34,560

42,639

VAT

11,482

12,984

Directors' current accounts

127,463

117,149

Accrued expenses

13,100

9,298

628,345

630,166

7.

Creditors: amounts falling due after more than one year

2025

2024

£

£

Other creditors

94,000

94,000

Private loans

619,930

619,930

713,930

713,930

8.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

99

Ordinary Shares

£1

99

99