Company Registration No. 08171925 (England and Wales)
HUNGARIAN FLAVORS LTD
Unaudited accounts
for the year ended 31 July 2019
HUNGARIAN FLAVORS LTD
Unaudited accounts
Contents
HUNGARIAN FLAVORS LTD
Company Information
for the year ended 31 July 2019
Director
Mr Laszlo Pinter
Company Number
08171925 (England and Wales)
Registered Office
FLAT 205 SIR JOHN AND LADY COHEN COURT
ROCKWOOD ROAD
LONDON
N16 6SD
Accountants
Strike Consulting (London)
Central house
1 Ballards Lane
London
N3 1LQ
HUNGARIAN FLAVORS LTD
Statement of financial position
as at
31 July 2019
Cash at bank and in hand
50,602
40,022
Creditors: amounts falling due within one year
(32,405)
(33,508)
Net current assets
26,465
14,699
Called up share capital
100
100
Profit and loss account
26,366
14,600
Shareholders' funds
26,466
14,700
For the year ending 31 July 2019 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 director acknowledges his 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 and authorised for issue on 31 October 2020 and were signed on its behalf by
Mr Laszlo Pinter
Director
Company Registration No. 08171925
HUNGARIAN FLAVORS LTD
Notes to the Accounts
for the year ended 31 July 2019
HUNGARIAN FLAVORS LTD is a private company, limited by shares, registered in England and Wales, registration number 08171925. The registered office is FLAT 205 SIR JOHN AND LADY COHEN COURT, ROCKWOOD ROAD, LONDON, N16 6SD.
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.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
HUNGARIAN FLAVORS LTD
Notes to the Accounts
for the year ended 31 July 2019
4
Tangible fixed assets
Plant & machinery
Cost or valuation
At cost
Charge for the year
1,941
Finished goods
8,178
8,178
7
Creditors: amounts falling due within one year
2019
2018
Bank loans and overdrafts
14,845
18,738
Taxes and social security
7,441
3,057
Loans from directors
10,119
11,713
8
Share capital
2019
2018
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
9
Average number of employees
During the year the average number of employees was 3 (2018: 2).