FOOD LORDS (UK) LIMITED

FOOD LORDS (UK) LIMITED

FOOD LORDS (UK) LIMITED - Company Information

Print Friendly Version

FOOD LORDS (UK) LIMITED

Company Registration Number:
06256519 (England and Wales)

Unaudited abridged accounts for the year ended 31 May 2022

Period of accounts

Start date: 01 June 2021

End date: 31 May 2022

FOOD LORDS (UK) LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2022

Balance sheet
Notes

FOOD LORDS (UK) LIMITED

Balance sheet

As at 31 May 2022


Notes
2022
2021


£
£
Fixed assets
Tangible assets: 3 47,299 58,501
Total fixed assets: 47,299 58,501
Current assets
Stocks: 153,225 133,016
Debtors:   664,758 319,801
Cash at bank and in hand: 372,785 545,713
Total current assets: 1,190,768 998,530
Creditors: amounts falling due within one year:   (289,055) (149,810)
Net current assets (liabilities): 901,713 848,720
Total assets less current liabilities: 949,012 907,221
Creditors: amounts falling due after more than one year:   (191,667) (220,833)
Total net assets (liabilities): 757,345 686,388
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 756,345 685,388
Shareholders funds: 757,345 686,388

The notes form part of these financial statements

FOOD LORDS (UK) LIMITED

Balance sheet statements

For the year ending 31 May 2022 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 24 February 2023
and signed on behalf of the board by:

Name: Ganesh Bogadala
Status: Director

The notes form part of these financial statements

FOOD LORDS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

1. Accounting policies

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

FOOD LORDS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

2. Employees

2022 2021
Average number of employees during the period 12 12

FOOD LORDS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

3. Tangible Assets

Total
Cost £
At 01 June 2021 202,873
Additions 2,571
At 31 May 2022 205,444
Depreciation
At 01 June 2021 144,372
Charge for year 13,773
At 31 May 2022 158,145
Net book value
At 31 May 2022 47,299
At 31 May 2021 58,501

FOOD LORDS (UK) LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2022

4. Related party transactions

Name of the related party: Food Lords Limited
Relationship:
Company controlled by the directors.
Description of the Transaction: Amount owed is interest free.
£
Balance at 01 June 2021 147,071
Balance at 31 May 2022 207,084
Name of the related party: Meat Lords Limited
Relationship:
Company controlled by the directors.
Description of the Transaction: Amount owed is interest free.
£
Balance at 01 June 2021 8,447
Balance at 31 May 2022 33,245