1 March 2022 false No description of principal activity Taxfiler 2023.10.1 NI676452business:PrivateLimitedCompanyLtd2022-03-012023-02-28 NI6764522022-02-28 NI6764522022-03-012023-02-28 NI676452business:AuditExemptWithAccountantsReport2022-03-012023-02-28 NI676452business:FilletedAccounts2022-03-012023-02-28 NI6764522023-02-28 NI676452business:Director12022-03-012023-02-28 NI676452business:Director22022-03-012023-02-28 NI676452business:RegisteredOffice2022-03-012023-02-28 NI6764522022-02-28 NI676452core:WithinOneYear2023-02-28 NI676452core:WithinOneYear2022-02-28 NI676452core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-02-28 NI676452core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-02-28 NI676452core:PreviouslyStatedAmount2023-02-28 NI676452core:PreviouslyStatedAmount2022-02-28 NI676452business:SmallEntities2022-03-012023-02-28 NI676452countries:NorthernIreland2022-03-012023-02-28 NI676452core:PlantMachinery2022-03-012023-02-28 NI676452core:MotorVehicles2022-03-012023-02-28 NI676452core:FurnitureFittings2022-03-012023-02-28 NI676452core:Goodwill2022-02-28 NI676452core:Goodwill2023-02-28 NI676452core:Goodwill2022-03-012023-02-28 NI676452core:PlantMachinery2022-02-28 NI676452core:MotorVehicles2022-02-28 NI676452core:FurnitureFittings2022-02-28 NI676452core:PlantMachinery2023-02-28 NI676452core:MotorVehicles2023-02-28 NI676452core:FurnitureFittings2023-02-28 NI6764522021-03-012022-02-28 iso4217:GBP xbrli:pure
Company Registration No. NI676452 (Northern Ireland)
Bethany Fruit Co Ltd Unaudited accounts for the year ended 28 February 2023
Bethany Fruit Co Ltd Unaudited accounts Contents
Page
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Bethany Fruit Co Ltd Company Information for the year ended 28 February 2023
Directors
Phillip Coulter Kirsten Coulter
Company Number
NI676452 (Northern Ireland)
Registered Office
C/O J.M WALLWIN CHARTERED ACCOUNTANTS, 74 BALLANTINE GARDENS, LISBURN DOWN NORTHERN IRELAND
Accountants
J.M Wallwin 74 Ballantine Gardens Lisburn Co. Down BT27 5FB
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Bethany Fruit Co Ltd Statement of financial position as at 28 February 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Intangible assets
14,012 
14,750 
Tangible assets
11,271 
253 
25,283 
15,003 
Current assets
Debtors
8,679 
3,791 
Cash at bank and in hand
22,574 
16,394 
31,253 
20,185 
Creditors: amounts falling due within one year
(45,423)
(33,657)
Net current liabilities
(14,170)
(13,472)
Net assets
11,113 
1,531 
Capital and reserves
Profit and loss account
11,113 
1,531 
Shareholders' funds
11,113 
1,531 
For the year ending 28 February 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 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 of Directors and authorised for issue on 10 November 2023 and were signed on its behalf by
Phillip Coulter Director Company Registration No. NI676452
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Bethany Fruit Co Ltd Notes to the Accounts for the year ended 28 February 2023
1
Statutory information
Bethany Fruit Co Ltd is a private company, limited by shares, registered in Northern Ireland, registration number NI676452. The registered office is C/O J.M WALLWIN CHARTERED ACCOUNTANTS,, 74 BALLANTINE GARDENS,, LISBURN, DOWN, NORTHERN IRELAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
The accounts are presented in £ sterling.
Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Fixtures & fittings
10% reducing balance
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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Bethany Fruit Co Ltd Notes to the Accounts for the year ended 28 February 2023
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 March 2022
14,750 
At 28 February 2023
14,750 
Amortisation
At 1 March 2022
- 
Charge for the year
738 
At 28 February 2023
738 
Net book value
At 28 February 2023
14,012 
At 28 February 2022
14,750 
5
Tangible fixed assets
Plant & machinery 
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 March 2022
253 
- 
- 
253 
Additions
4,726 
4,417 
4,333 
13,476 
At 28 February 2023
4,979 
4,417 
4,333 
13,729 
Depreciation
Charge for the year
1,245 
883 
330 
2,458 
At 28 February 2023
1,245 
883 
330 
2,458 
Net book value
At 28 February 2023
3,734 
3,534 
4,003 
11,271 
At 28 February 2022
253 
- 
- 
253 
6
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
269 
508 
Trade debtors
8,410 
3,283 
8,679 
3,791 
7
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
5,444 
- 
Trade creditors
7,685 
4,982 
Taxes and social security
695 
738 
Loans from directors
31,599 
23,312 
Accruals
- 
4,625 
45,423 
33,657 
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Bethany Fruit Co Ltd Notes to the Accounts for the year ended 28 February 2023
8
Average number of employees
During the year the average number of employees was 5 (2022: 5).
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