Caseware UK (AP4) 2022.0.179 2022.0.179 2023-02-282023-02-28true2022-03-01falseNo description of principal activity99trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006. 07090129 2022-03-01 2023-02-28 07090129 2021-03-01 2022-02-28 07090129 2023-02-28 07090129 2022-02-28 07090129 c:CompanySecretary1 2022-03-01 2023-02-28 07090129 c:Director1 2022-03-01 2023-02-28 07090129 c:Director2 2022-03-01 2023-02-28 07090129 c:RegisteredOffice 2022-03-01 2023-02-28 07090129 d:Buildings d:ShortLeaseholdAssets 2022-03-01 2023-02-28 07090129 d:Buildings d:ShortLeaseholdAssets 2023-02-28 07090129 d:Buildings d:ShortLeaseholdAssets 2022-02-28 07090129 d:PlantMachinery 2022-03-01 2023-02-28 07090129 d:PlantMachinery 2023-02-28 07090129 d:PlantMachinery 2022-02-28 07090129 d:PlantMachinery d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 07090129 d:MotorVehicles 2022-03-01 2023-02-28 07090129 d:MotorVehicles 2023-02-28 07090129 d:MotorVehicles 2022-02-28 07090129 d:MotorVehicles d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 07090129 d:FurnitureFittings 2022-03-01 2023-02-28 07090129 d:FurnitureFittings 2023-02-28 07090129 d:FurnitureFittings 2022-02-28 07090129 d:FurnitureFittings d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 07090129 d:OfficeEquipment 2022-03-01 2023-02-28 07090129 d:ComputerEquipment 2022-03-01 2023-02-28 07090129 d:ComputerEquipment 2023-02-28 07090129 d:ComputerEquipment 2022-02-28 07090129 d:ComputerEquipment d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 07090129 d:OwnedOrFreeholdAssets 2022-03-01 2023-02-28 07090129 d:CurrentFinancialInstruments 2023-02-28 07090129 d:CurrentFinancialInstruments 2022-02-28 07090129 d:Non-currentFinancialInstruments 2023-02-28 07090129 d:Non-currentFinancialInstruments 2022-02-28 07090129 d:CurrentFinancialInstruments d:WithinOneYear 2023-02-28 07090129 d:CurrentFinancialInstruments d:WithinOneYear 2022-02-28 07090129 d:Non-currentFinancialInstruments d:AfterOneYear 2023-02-28 07090129 d:Non-currentFinancialInstruments d:AfterOneYear 2022-02-28 07090129 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-02-28 07090129 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2022-02-28 07090129 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2023-02-28 07090129 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2022-02-28 07090129 d:ShareCapital 2023-02-28 07090129 d:ShareCapital 2022-02-28 07090129 d:RetainedEarningsAccumulatedLosses 2023-02-28 07090129 d:RetainedEarningsAccumulatedLosses 2022-02-28 07090129 c:FRS102 2022-03-01 2023-02-28 07090129 c:AuditExempt-NoAccountantsReport 2022-03-01 2023-02-28 07090129 c:FullAccounts 2022-03-01 2023-02-28 07090129 c:PrivateLimitedCompanyLtd 2022-03-01 2023-02-28 iso4217:GBP xbrli:pure
Company registration number: 07090129







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
28 FEBRUARY 2023


FRESH TO DESK LIMITED






































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FRESH TO DESK LIMITED
 


 
COMPANY INFORMATION


Directors
Mr D Williams 
Mrs F Williams 




Company secretary
Mrs F Williams



Registered number
07090129



Registered office
3700 Parkway
Solent Business Park

Whiteley

Hampshire

PO15 7AW




Accountants
Menzies LLP
Chartered Accountants

3000a Parkway

Whiteley

Hampshire

PO15 7FX





 


FRESH TO DESK LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 8


 


FRESH TO DESK LIMITED
REGISTERED NUMBER:07090129



STATEMENT OF FINANCIAL POSITION
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Fixed assets
  

Tangible assets
 4 
25,798
33,775

  
25,798
33,775

Current assets
  

Stocks
  
3,000
3,000

Debtors: amounts falling due within one year
 5 
14,129
10,497

Cash at bank and in hand
  
2,961
13,372

  
20,090
26,869

Creditors: amounts falling due within one year
 6 
(34,104)
(23,904)

Net current (liabilities)/assets
  
 
 
(14,014)
 
 
2,965

Total assets less current liabilities
  
11,784
36,740

Creditors: amounts falling due after more than one year
 7 
(31,987)
(36,850)

  

Net liabilities
  
(20,203)
(110)

Page 1

 


FRESH TO DESK LIMITED
REGISTERED NUMBER:07090129


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 28 FEBRUARY 2023

2023
2022
Note
£
£

Capital and reserves
  

Called up share capital 
  
4
4

Profit and loss account
  
(20,207)
(114)

  
(20,203)
(110)


The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question 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 financial statements.

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

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 



Mr D Williams
Director

Date: 22 November 2023

The notes on pages 3 to 8 form part of these financial statements.

Page 2

 


FRESH TO DESK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

1.


General information

Fresh To Desk Limited is a private company limited by shares, registered in England and Wales. The address of its registered office is disclosed on the company information page.
The presentation currency is GBP rounded to the nearest £1

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
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 Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

 
2.3

Government grants

Grants are accounted under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to profit or loss at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of Income and Retained Earnings in the same period as the related expenditure.

Page 3

 


FRESH TO DESK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Pensions

Defined contribution pension plan

The Company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the Company pays fixed contributions into a separate entity. Once the contributions have been paid the Company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the Company in independently administered funds.

 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line and reducing balance basis.


Short-term leasehold property
-
Straight line over period of the lease
Plant and machinery
-
25%
Reducing balance
Motor vehicles
-
25%
Reducing balance
Fixtures, fittings & equipment
-
25%
Reducing balance
Office equipment
-
25%
Reducing balance
Computer equipment
-
25%
Reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

Page 4

 


FRESH TO DESK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

2.Accounting policies (continued)

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

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.

 
2.12

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders at an annual general meeting.


3.


Employees

The average monthly number of employees, including directors, during the year was 9 (2022 - 9).

Page 5


FRESH TO DESK LIMITED
  
 
NOTES TO THE FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023



4.


Tangible fixed assets






Short-term leasehold property
Plant and machinery
Motor vehicles
Fixtures, fittings & equipment
Computer equipment
Total

£
£
£
£
£
£



Cost or valuation


At 1 March 2022
31,152
4,709
19,990
108,753
26,827
191,431


Additions
-
632
-
-
-
632



At 28 February 2023

31,152
5,341
19,990
108,753
26,827
192,063



Depreciation


At 1 March 2022
31,152
4,671
14,141
84,149
23,543
157,656


Charge for the year on owned assets
-
168
1,462
6,157
822
8,609



At 28 February 2023

31,152
4,839
15,603
90,306
24,365
166,265



Net book value



At 28 February 2023
-
502
4,387
18,447
2,462
25,798



At 28 February 2022
-
38
5,849
24,604
3,284
33,775

Page 6

 


FRESH TO DESK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

5.


Debtors

2023
2022
£
£


Trade debtors
8,669
5,037

Other debtors
5,460
5,460

14,129
10,497



6.


Creditors: Amounts falling due within one year

2023
2022
£
£

Bank loans
4,982
5,000

Trade creditors
8,579
6,257

Other taxation and social security
9,726
4,130

Obligations under finance lease and hire purchase contracts
-
1,140

Other creditors
8,452
5,377

Accruals and deferred income
2,365
2,000

34,104
23,904



7.


Creditors: Amounts falling due after more than one year

2023
2022
£
£

Bank loans
31,987
36,850

31,987
36,850


Page 7

 


FRESH TO DESK LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023

8.


Loans


Analysis of the maturity of loans is given below:


2023
2022
£
£

Amounts falling due within one year

Bank loans
4,982
5,000


4,982
5,000


Amounts falling due 2-5 years

Bank loans
31,987
20,000


31,987
20,000

Amounts falling due after more than 5 years

Bank loans
-
16,850

-
16,850

36,969
41,850


Page 8