REGISTERED NUMBER: |
AUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
FOR |
THE LITTLE FOOD COMPANY LIMITED |
REGISTERED NUMBER: |
AUDITED FINANCIAL STATEMENTS FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
FOR |
THE LITTLE FOOD COMPANY LIMITED |
THE LITTLE FOOD COMPANY LIMITED (REGISTERED NUMBER: 03631099) |
CONTENTS OF THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
Page |
Company Information | 1 |
Balance Sheet | 2 |
Notes to the Financial Statements | 3 |
THE LITTLE FOOD COMPANY LIMITED |
COMPANY INFORMATION |
FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
DIRECTORS: |
REGISTERED OFFICE: |
REGISTERED NUMBER: |
AUDITORS: |
605 Albert House |
256-260 Old Street |
London |
EC1V 9DD |
ACCOUNTANT: |
7 Lower Brook Street |
Oswestry |
Shropshire |
SY11 2HG |
THE LITTLE FOOD COMPANY LIMITED (REGISTERED NUMBER: 03631099) |
BALANCE SHEET |
31 DECEMBER 2022 |
31.12.22 | 30.9.21 |
(Unaudited) |
Notes | £ | £ | £ | £ |
FIXED ASSETS |
Tangible assets | 5 |
CURRENT ASSETS |
Stocks |
Debtors: amounts falling due within one year | 6 |
Cash at bank and in hand |
CREDITORS |
Amounts falling due within one year | 7 |
NET CURRENT ASSETS |
TOTAL ASSETS LESS CURRENT LIABILITIES |
PROVISIONS FOR LIABILITIES |
NET ASSETS |
CAPITAL AND RESERVES |
Called up share capital |
Retained earnings |
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered. |
The financial statements were approved by the Board of Directors and authorised for issue on |
THE LITTLE FOOD COMPANY LIMITED (REGISTERED NUMBER: 03631099) |
NOTES TO THE FINANCIAL STATEMENTS |
FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
1. | STATUTORY INFORMATION |
The Little Food Company Limited is a |
2. | STATEMENT OF COMPLIANCE |
These financial statements have been prepared in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006. |
3. | ACCOUNTING POLICIES |
Basis of preparing the financial statements |
The financial statements have been prepared under the historical cost convention. |
The accounts are for the individual entity only. |
The financial statements are presented in Sterling (£), rounded to the nearest £1. |
Turnover |
Turnover represents net invoiced sales of goods and services, excluding value added tax. |
Tangible fixed assets |
Plant and machinery etc | - |
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 period comprises current and deferred tax. Tax is recognised in the Income Statement, 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 period 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. |
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. |
THE LITTLE FOOD COMPANY LIMITED (REGISTERED NUMBER: 03631099) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
4. | EMPLOYEES AND DIRECTORS |
The average number of employees during the period was |
5. | TANGIBLE FIXED ASSETS |
Plant and |
machinery |
etc |
£ |
COST |
At 1 October 2021 |
Additions |
Disposals | ( |
) |
At 31 December 2022 |
DEPRECIATION |
At 1 October 2021 |
Charge for period |
Eliminated on disposal | ( |
) |
At 31 December 2022 |
NET BOOK VALUE |
At 31 December 2022 |
At 30 September 2021 |
6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 30.9.21 |
(Unaudited) |
£ | £ |
Trade debtors |
Other debtors |
Amounts owed by related party |
Directors' current accounts |
VAT |
Prepayments and accrued income |
7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
31.12.22 | 30.9.21 |
(Unaudited) |
£ | £ |
Trade creditors |
Tax |
Social security and other taxes |
Other creditors |
Amounts owed to related party |
Accrued expenses |
THE LITTLE FOOD COMPANY LIMITED (REGISTERED NUMBER: 03631099) |
NOTES TO THE FINANCIAL STATEMENTS - continued |
FOR THE PERIOD 1 OCTOBER 2021 TO 31 DECEMBER 2022 |
8. | DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006 |
The Report of the Auditors was unqualified. |
for and on behalf of |
9. | CONTINGENT LIABILITIES |
A fixed and floating charge is held over the assets of the company. |
10. | RELATED PARTY DISCLOSURES |
Exemption is taken of all other related party disclosures in respect of group transactions on the grounds that details of the subsidiary are included in publicly available consolidated accounts. These are available from the company's registered office at Waterfold Business Park, Bury, Lancashire, BL9 7BR. |
11. | FRC ETHICAL STANDARD - PROVISIONS AVAILABLE FOR SMALL ENTITIES |
In common with many other businesses of our size and nature we use our auditors to prepare and submit returns to the tax authorities and assist with the preparation of the financial statements. |
12. | CONTROLLING PARTY |
The company is controlled by Dunster Farm (Holdings) Ltd by virtue of its beneficial holding. |