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REGISTERED NUMBER: 10799609 (England and Wales)


















4 U Fresh Produce Limited

Unaudited Financial Statements for the Year Ended 30th June 2022






4 U Fresh Produce Limited (Registered number: 10799609)






Contents of the Financial Statements
for the year ended 30th June 2022




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


4 U Fresh Produce Limited

Company Information
for the year ended 30th June 2022







DIRECTOR: A Bradley





SECRETARY: A Bradley





REGISTERED OFFICE: Unit 6
Plaxton Bridge Road
Woodmansey
East Yorkshire
HU17 0RT





REGISTERED NUMBER: 10799609 (England and Wales)





ACCOUNTANTS: Smailes Goldie
Chartered Accountants
Regent's Court
Princess Street
Hull
East Yorkshire
HU2 8BA

4 U Fresh Produce Limited (Registered number: 10799609)

Balance Sheet
30th June 2022

2022 2021
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 100,167 128,356
Investments 5 50,000 50,000
150,167 178,356

CURRENT ASSETS
Stocks 21,107 20,777
Debtors 6 206,965 128,896
Cash at bank 33,774 103,235
261,846 252,908
CREDITORS
Amounts falling due within one year 7 5,200,411 4,295,189
NET CURRENT LIABILITIES (4,938,565 ) (4,042,281 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(4,788,398

)

(3,863,925

)

CAPITAL AND RESERVES
Called up share capital 8 100 100
Retained earnings (4,788,498 ) (3,864,025 )
SHAREHOLDERS' FUNDS (4,788,398 ) (3,863,925 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th June 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th June 2022 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 30th March 2023 and were signed by:



A Bradley - Director


4 U Fresh Produce Limited (Registered number: 10799609)

Notes to the Financial Statements
for the year ended 30th June 2022

1. STATUTORY INFORMATION

4 U Fresh Produce Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation
Depreciation of fixed assets is charged by annual instalments commencing with the year of acquisition at rates estimated to write off their cost less any residual value over the expected useful lives.

The annual rates used are as follows:

Plant & machinery25% on cost
Fixtures and fittings33% on cost
Computer equipment33% on cost

Investments in subsidiaries
Investments in subsidiary undertakings are recognised at cost.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial instruments are recognised at amortised cost with changes recognised in profit and loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


4 U Fresh Produce Limited (Registered number: 10799609)

Notes to the Financial Statements - continued
for the year ended 30th June 2022

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 11 (2021 - 17 ) .

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1st July 2021 180,105
Additions 18,730
At 30th June 2022 198,835
DEPRECIATION
At 1st July 2021 51,749
Charge for year 46,919
At 30th June 2022 98,668
NET BOOK VALUE
At 30th June 2022 100,167
At 30th June 2021 128,356

4 U Fresh Produce Limited (Registered number: 10799609)

Notes to the Financial Statements - continued
for the year ended 30th June 2022

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1st July 2021
and 30th June 2022 50,000
NET BOOK VALUE
At 30th June 2022 50,000
At 30th June 2021 50,000

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade debtors 93,195 1,797
Amounts owed by group undertakings 71,125 71,125
Other debtors 42,645 55,974
206,965 128,896

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2022 2021
£    £   
Trade creditors 334,384 320,664
Taxation and social security 776 2,757
Other creditors 4,865,251 3,971,768
5,200,411 4,295,189

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2022 2021
value: £    £   
51 Ordinary A shares £1 51 51
20 Ordinary B shares £1 20 20
29 Ordinary C shares £1 29 29
100 100

9. ULTIMATE CONTROLLING PARTY

The ultimate parent company is Bradley Holdings Ltd, a limited company registered in The Isle of Man. The company's registered office is Atholl House, 29-31 Hope Street, Douglas, Isle of Man, IM1 1AR.