Company Registration No. SC230396 (Scotland)
FRESHFOCAL LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
PAGES FOR FILING WITH REGISTRAR
James Hair & Co
59 Bonnygate
CUPAR
Fife
UK
KY15 4BY
FRESHFOCAL LIMITED
STATEMENT OF FINANCIAL POSITION
AS AT
30 APRIL 2023
30 April 2023
- 1 -
2023
2022
Notes
£
£
£
£
Current assets
Stocks
106,926
106,926
Creditors: amounts falling due within one year
3
(112,432)
(112,072)
Net current liabilities
(5,506)
(5,146)
Capital and reserves
Called up share capital
4
100
100
Profit and loss reserves
(5,606)
(5,246)
Total equity
(5,506)
(5,146)

The directors of the company have elected not to include a copy of the income statement within the financial statements.true

For the financial year ended 30 April 2023 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The financial statements were approved by the board of directors and authorised for issue on 7 October 2023 and are signed on its behalf by:
Mr Scott Bathgate
Director
Company Registration No. SC230396
FRESHFOCAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2023
- 2 -
1
Accounting policies
Company information

Freshfocal Limited is a private company limited by shares incorporated in Scotland. The registered office is 59 Bonnygate, CUPAR, Fife, UK, KY15 4BY.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

The financial statements have been prepared on a going concern basis. The appropriateness of this basis is dependant upon the continued support of the directors.

1.3
Stocks

Stocks and work in progress including short term contracts are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving stocks. Cost comprises direct expenditure and an appropriate proportion of fixed and variable overheads.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

1.4
Financial instruments

Basic financial instruments are recognised at amortised cost using the effective interest method except for investments in non-convertible preference and non-puttable preference and ordinary shares, which are measured at fair value, with changes recognised in the profit and loss. Derivative financial instruments are initially recorded at cost and thereafter at fair value, with charges recognised in profit and loss.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2023
2022
Number
Number
Total
2
2
FRESHFOCAL LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 APRIL 2023
- 3 -
3
Creditors: amounts falling due within one year
2023
2022
£
£
Directors current accounts
112,072
111,712
Accruals and deferred income
360
360
112,432
112,072
4
Called up share capital
2023
2022
£
£
Ordinary share capital
Issued and fully paid
100 Ordinary share of £1 each
100
100
2023-04-302022-05-01false11 October 2023CCH SoftwareCCH Accounts Production 2023.100No description of principal activityMr S BathgateMrs Moira BathgateMrs Moira BathgateSC2303962022-05-012023-04-30SC2303962023-04-30SC2303962022-04-30SC230396core:CurrentFinancialInstrumentscore:WithinOneYear2023-04-30SC230396core:CurrentFinancialInstrumentscore:WithinOneYear2022-04-30SC230396core:ShareCapital2023-04-30SC230396core:ShareCapital2022-04-30SC230396core:RetainedEarningsAccumulatedLosses2023-04-30SC230396core:RetainedEarningsAccumulatedLosses2022-04-30SC230396bus:Director12022-05-012023-04-30SC2303962021-05-012022-04-30SC230396core:CurrentFinancialInstruments2023-04-30SC230396core:CurrentFinancialInstruments2022-04-30SC230396bus:PrivateLimitedCompanyLtd2022-05-012023-04-30SC230396bus:SmallCompaniesRegimeForAccounts2022-05-012023-04-30SC230396bus:FRS1022022-05-012023-04-30SC230396bus:AuditExemptWithAccountantsReport2022-05-012023-04-30SC230396bus:Director22022-05-012023-04-30SC230396bus:CompanySecretary12022-05-012023-04-30SC230396bus:FullAccounts2022-05-012023-04-30xbrli:purexbrli:sharesiso4217:GBP