Company Registration No. 11216466 (England and Wales)
London F&B Group Ltd
Unaudited accounts
for the year ended 28 February 2022
London F&B Group Ltd
Unaudited accounts
Contents
London F&B Group Ltd
Company Information
for the year ended 28 February 2022
Directors
Kent Mosbech
Vincenzo Oliveri
Qi Deng
Company Number
11216466 (England and Wales)
Registered Office
2 Appletree Close
Redlynch
Salisbury
SP5 2JG
Accountants
Forest Edge Accountancy
2 Appletree Close
Redlynch
Salisbury
Wiltshire
SP5 2JG
London F&B Group Ltd
Statement of financial position
as at 28 February 2022
Intangible assets
8,750
10,000
Tangible assets
183,313
111,732
Cash at bank and in hand
3,991
8,362
Creditors: amounts falling due within one year
(64,816)
(44,419)
Net current liabilities
(31,679)
(4,872)
Total assets less current liabilities
160,384
116,860
Creditors: amounts falling due after more than one year
(423,984)
(262,208)
Net liabilities
(263,600)
(145,348)
Called up share capital
1,000
1,000
Share premium
20,000
20,000
Profit and loss account
(284,600)
(166,348)
Shareholders' funds
(263,600)
(145,348)
For the year ending 28 February 2022 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 14 November 2022 and were signed on its behalf by
Kent Mosbech
Director
Company Registration No. 11216466
London F&B Group Ltd
Notes to the Accounts
for the year ended 28 February 2022
London F&B Group Ltd is a private company, limited by shares, registered in England and Wales, registration number 11216466. The registered office is 2 Appletree Close, Redlynch, Salisbury, SP5 2JG.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
25% Reducing Balance
Computer equipment
3 years Straight Line
4
Intangible fixed assets
Other
At 28 February 2022
12,500
At 28 February 2021
10,000
London F&B Group Ltd
Notes to the Accounts
for the year ended 28 February 2022
5
Tangible fixed assets
Land & buildings
Plant & machinery
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2021
95,000
29,500
-
416
124,916
Additions
-
-
101,158
-
101,158
At 28 February 2022
95,000
29,500
101,158
416
226,074
At 1 March 2021
-
12,906
-
278
13,184
Charge for the year
-
4,149
25,290
138
29,577
At 28 February 2022
-
17,055
25,290
416
42,761
At 28 February 2022
95,000
12,445
75,868
-
183,313
At 28 February 2021
95,000
16,594
-
138
111,732
Amounts falling due within one year
Accrued income and prepayments
1,096
3,135
Other debtors
28,050
28,050
7
Creditors: amounts falling due within one year
2022
2021
Trade creditors
65,661
43,363
Taxes and social security
(21)
(829)
Loans from directors
(1,000)
(1,000)
8
Creditors: amounts falling due after more than one year
2022
2021
Amounts owed to group undertakings and other participating interests
323,984
162,208
Other creditors
100,000
100,000
The company has received deposits to secure future franchise arrangements.
9
Average number of employees
During the year the average number of employees was 0 (2021: 0).
