FRIENDSHIP FOODS LIMITED

FRIENDSHIP FOODS LIMITED

FRIENDSHIP FOODS LIMITED - Company Information

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FRIENDSHIP FOODS LIMITED

Company Registration Number:
09338419 (England and Wales)

Unaudited abridged accounts for the year ended 31 December 2020

Period of accounts

Start date: 01 January 2020

End date: 31 December 2020

FRIENDSHIP FOODS LIMITED

Contents of the Financial Statements

for the Period Ended 31 December 2020

Balance sheet
Notes

FRIENDSHIP FOODS LIMITED

Balance sheet

As at 31 December 2020


Notes
2020
2019


£
£
Fixed assets
Tangible assets: 3 0 40,100
Total fixed assets: 0 40,100
Current assets
Stocks: 0 312,802
Debtors:   33,000 722,766
Cash at bank and in hand:   130,353
Total current assets: 33,000 1,165,921
Creditors: amounts falling due within one year:   (33,000) (2,244,017)
Net current assets (liabilities): 0 (1,078,096)
Total assets less current liabilities: 0 (1,037,996)
Total net assets (liabilities): 0 (1,037,996)
Capital and reserves
Called up share capital: 100 100
Profit and loss account: (100) (1,038,096)
Shareholders funds: 0 (1,037,996)

The notes form part of these financial statements

FRIENDSHIP FOODS LIMITED

Balance sheet statements

For the year ending 31 December 2020 the company was entitled to exemption 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.

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

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 26 July 2021
and signed on behalf of the board by:

Name: Neil Thornton
Status: Director

The notes form part of these financial statements

FRIENDSHIP FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

FRIENDSHIP FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

2. Employees

2020 2019
Average number of employees during the period 4 16

FRIENDSHIP FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

3. Tangible Assets

Total
Cost £
At 01 January 2020 117,684
Additions 11,316
Disposals (129,000)
At 31 December 2020 0
Depreciation
At 01 January 2020 77,584
Charge for year 31,416
On disposals (109,000)
At 31 December 2020 0
Net book value
At 31 December 2020 0
At 31 December 2019 40,100

FRIENDSHIP FOODS LIMITED

Notes to the Financial Statements

for the Period Ended 31 December 2020

4. Related party transactions

Name of the related party: Vestey Foods UK Limited
Relationship:
Fellow Group Undertaking
Description of the Transaction: Stock sold to the Company for resale. Outstanding balance owed waived during 2020.
£
Balance at 01 January 2020 1,403,000
Balance at 31 December 2020 33,000