Elmex Food Limited Accounts

ELMEX FOOD LIMITED - Company Information






Elmex Food Limited

	Company No. 14671669
		Information for Filing with The Registrar
		31 December 2023

The Directors present their report and the accounts for the period ended 31 December 2023.

Principal activities
The principal activity of the company during the period under review was that of a chain of food outlets.

Cessation Accounts
The company ceased to trade during this year and these are the final accounts of the company.

Directors

The Directors who served at any time during the period were as follows:

J. Coverley
P.C. Stagg






































































The above report has been prepared in accordance with the provisions applicable to companies subject to the small companies regime as set out in Part 15 of the Companies Act 2006.

Signed on behalf of the board

P.C. Stagg
Director
31 March 2024

at	31 December 2023
Company No.		14671669	Notes	2023
				£
Fixed assets
	Intangible assets		4	-
	Tangible assets		5	-



Current assets

	Debtors		6	100

	Cash at bank and in hand			14
				114
Creditors: Amount falling due within one year			7	(33,839)
Net current liabilities				(33,725)
Total assets less current liabilities				(33,725)




Net liabilities				(33,725)

Capital and reserves
	Called up share capital			100



	Profit and loss account		8	(33,825)

Total equity				(33,725)



These accounts have been prepared in accordance with the special provisions applicable to companies subject to the small companies regime of the Companies Act 2006.

For the period ended 31 December 2023 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 Companies Act 2006 with respect to accounting records and the preparation of accounts.



As permitted by section 444 (5A)of the Companies Act 2006 the directors have not delivered to the Registrar a copy of the company's profit and loss account.

Approved by the board on 31 March 2024 and signed on its behalf by:
P.C. Stagg
Director
31 March 2024

for the period ended 31 December 2023

General information

Elmex Food Limited is a private company limited by shares and incorporated in England and Wales.

Its registered number is: 14671669

Its registered office is:

Unit 7 Ground Floor

Whittle Way

Arlington Business Park

Stevenage

SG1 2FP

The accounts have been prepared in accordance with FRS 102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Accounting policies

Turnover

Turnover is measured at the fair value of the consideration received or receivable. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Revenue from the sale of goods is recognised when all the following conditions are satisfied:
• the Company has transferred to the buyer the significant risks and rewards of ownership of the
goods;
• the Company retains neither continuing managerial involvement to the degree usually associated
with ownership nor effective control over the goods sold;
• the amount of revenue can be measured reliably;
• it is probable that the economic benefits associated with the transaction will flow to the Company;
and
• the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Specifically, revenue from the sale of goods is recognised when goods are delivered and legal title is passed.

Intangible fixed assets

Intangible fixed assets are carried at cost less accumulated amortisation and impairment losses.

Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the profit and loss account because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The Company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable temporary differences. Deferred tax assets are generally recognised for all deductible timing differences to the extent that it is probable that taxable profits will be available against which those deductible temporary differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period.

Current or deferred tax for the year is recognised in profit or loss, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method, less impairment losses for bad and doubtful debts.

Trade and other creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

3	Employees
			2023
			Number
		The average monthly number of employees (including directors) during the period:	2

4	Intangible fixed assets
			Other	Total
			£	£
		Cost

		Additions	10,161	10,161

		At 31 December 2023	10,161	10,161
		Amortisation and impairment

		Charge for the year	589	589
		Impairment loss	9,572	9,572

		At 31 December 2023	10,161	10,161
		Net book values
		At 31 December 2023	-	-

5	Tangible fixed assets
			Fixtures, fittings and equipment	Total
			£	£
		Cost or revaluation

		Additions	2,750	2,750


		Disposals	(2,750)	(2,750)
		At 31 December 2023	-	-
		Depreciation

		Charge for the year	611	611


		Disposals	(611)	(611)
		At 31 December 2023	-	-
		Net book values
		At 31 December 2023	-	-

6	Debtors
			2023
			£






		Other debtors	100

			100

7	Creditors:
		amounts falling due within one year
			2023
			£




		Trade creditors	943

		Taxes and social security	3,282

		Other creditors	28,914
		Accruals and deferred income	700
			33,839

Reserves

Profit and loss account - includes all current and prior period retained profits and losses.