IRIS Accounts Production v23.2.0.158 NI060560 Board of Directors Board of Directors 1.3.22 28.2.23 28.2.23 false true false false true false Ordinary Shares 1.00000 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureNI0605602022-02-28NI0605602023-02-28NI0605602022-03-012023-02-28NI0605602021-02-28NI0605602021-03-012022-02-28NI0605602022-02-28NI060560ns16:NorthernIreland2022-03-012023-02-28NI060560ns15:PoundSterling2022-03-012023-02-28NI060560ns11:Director12022-03-012023-02-28NI060560ns11:Director22022-03-012023-02-28NI060560ns11:PrivateLimitedCompanyLtd2022-03-012023-02-28NI060560ns11:SmallEntities2022-03-012023-02-28NI060560ns11:AuditExempt-NoAccountantsReport2022-03-012023-02-28NI060560ns11:SmallCompaniesRegimeForDirectorsReport2022-03-012023-02-28NI060560ns11:SmallCompaniesRegimeForAccounts2022-03-012023-02-28NI060560ns11:FullAccounts2022-03-012023-02-28NI060560ns11:OrdinaryShareClass12022-03-012023-02-28NI060560ns11:RegisteredOffice2022-03-012023-02-28NI060560ns6:CurrentFinancialInstruments2023-02-28NI060560ns6:CurrentFinancialInstruments2022-02-28NI060560ns6:Non-currentFinancialInstruments2023-02-28NI060560ns6:Non-currentFinancialInstruments2022-02-28NI060560ns6:ShareCapital2023-02-28NI060560ns6:ShareCapital2022-02-28NI060560ns6:RetainedEarningsAccumulatedLosses2023-02-28NI060560ns6:RetainedEarningsAccumulatedLosses2022-02-28NI060560ns6:LongLeaseholdAssetsns6:LandBuildings2022-03-012023-02-28NI060560ns6:PlantMachinery2022-03-012023-02-28NI060560ns6:FurnitureFittings2022-03-012023-02-28NI060560ns6:LongLeaseholdAssetsns6:LandBuildings2022-02-28NI060560ns6:PlantMachinery2022-02-28NI060560ns6:FurnitureFittings2022-02-28NI060560ns6:MotorVehicles2022-02-28NI060560ns6:MotorVehicles2022-03-012023-02-28NI060560ns6:LongLeaseholdAssetsns6:LandBuildings2023-02-28NI060560ns6:PlantMachinery2023-02-28NI060560ns6:FurnitureFittings2023-02-28NI060560ns6:MotorVehicles2023-02-28NI060560ns6:LongLeaseholdAssetsns6:LandBuildings2022-02-28NI060560ns6:PlantMachinery2022-02-28NI060560ns6:FurnitureFittings2022-02-28NI060560ns6:MotorVehicles2022-02-28NI060560ns6:WithinOneYearns6:CurrentFinancialInstruments2023-02-28NI060560ns6:WithinOneYearns6:CurrentFinancialInstruments2022-02-28NI060560ns6:CurrentFinancialInstruments2022-03-012023-02-28NI060560ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2023-02-28NI060560ns6:BetweenOneTwoYearsns6:Non-currentFinancialInstruments2022-02-28NI060560ns11:OrdinaryShareClass12023-02-28
REGISTERED NUMBER: NI060560 (Northern Ireland)















SUPER FRESH FOOD LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 28 FEBRUARY 2023






SUPER FRESH FOOD LIMITED (REGISTERED NUMBER: NI060560)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 28 FEBRUARY 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


SUPER FRESH FOOD LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 28 FEBRUARY 2023







DIRECTORS: Daniel Hughes
Patrick Hughes





REGISTERED OFFICE: 1A Main Street
Carrickmore
Co. Tyrone
BT79 9AY





REGISTERED NUMBER: NI060560 (Northern Ireland)





ACCOUNTANTS: CavanaghKelly
Chartered Accountants
36-38 Northland Row
Dungannon
Co. Tyrone
BT71 6AP

SUPER FRESH FOOD LIMITED (REGISTERED NUMBER: NI060560)

STATEMENT OF FINANCIAL POSITION
28 FEBRUARY 2023

2023 2022
Notes £ £
NON CURRENT ASSETS
Property, plant and equipment 5 231,298 282,369

CURRENT ASSETS
Inventories 151,235 152,072
Receivables 6 870,466 681,868
Cash at bank and in hand 45,837 61,019
1,067,538 894,959
PAYABLES
Amounts falling due within one year 7 (375,267 ) (358,988 )
NET CURRENT ASSETS 692,271 535,971
TOTAL ASSETS LESS CURRENT
LIABILITIES

923,569

818,340

PAYABLES
Amounts falling due after more than
one year

8

(25,266

)

(44,127

)

PROVISIONS FOR LIABILITIES (22,261 ) (83,753 )
NET ASSETS 876,042 690,460

CAPITAL AND RESERVES
Called up share capital 9 2 2
Income Statement 876,040 690,458
SHAREHOLDERS' FUNDS 876,042 690,460

The Company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2023.

The members have not required the Company to obtain an audit of its financial statements for the year ended 28 February 2023 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

SUPER FRESH FOOD LIMITED (REGISTERED NUMBER: NI060560)

STATEMENT OF FINANCIAL POSITION - continued
28 FEBRUARY 2023


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 Board of Directors and authorised for issue on 23 October 2023 and were signed on its behalf by:




Daniel Hughes - Director



Patrick Hughes - Director


SUPER FRESH FOOD LIMITED (REGISTERED NUMBER: NI060560)

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

1. STATUTORY INFORMATION

Super Fresh Food Limited is a private company, limited by shares , registered in Northern Ireland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements are prepared under the historical cost convention modified when necessary to include the revaluation of certain fixed assets.

Revenue
Revenue is recognised upon delivery of goods to the customer.

Property, plant and equipment
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Long leasehold - Nil
Plant and machinery - 20% straight line
Fixtures and fittings - 20% straight line

Inventories
Inventories are determined on a first-in first-out basis. Cost comprises expenditure incurred in the normal course of business in bringing inventories to their present location and condition. Net realisable value comprises actual or estimated selling price (net of trade discounts) less all further costs to completion or to be incurred in marketing and selling.

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 statement of financial positionstatement of financial position date.

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.

Cash flow statement
The company has availed of the exemption in FRS 102 Section 1A from the requirement to prepare a Statement of Cash Flows because it is classified as a small company.

Cash and cash equivalents
Cash and cash equivalents includes cash in hand and deposits held at call with banks.

SUPER FRESH FOOD LIMITED (REGISTERED NUMBER: NI060560)

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

3. ACCOUNTING POLICIES - continued

Share capital
Ordinary Shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 44 (2022 - 44 ) .

5. PROPERTY, PLANT AND EQUIPMENT
Fixtures
Long Plant and and Motor
leasehold machinery fittings vehicles Totals
£ £ £ £ £
COST
At 1 March 2022 109,053 149,538 548,259 31,446 838,296
Additions - - 2,611 - 2,611
At 28 February 2023 109,053 149,538 550,870 31,446 840,907
DEPRECIATION
At 1 March 2022 - 66,005 489,922 - 555,927
Charge for year - 19,838 25,983 7,861 53,682
At 28 February 2023 - 85,843 515,905 7,861 609,609
NET BOOK VALUE
At 28 February 2023 109,053 63,695 34,965 23,585 231,298
At 28 February 2022 109,053 83,533 58,337 31,446 282,369

6. RECEIVABLES
2023 2022
£ £
Trade receivables 27,714 30,044
Other receivables 226,662 162,959
Directors' current accounts 609,988 480,497
VAT - 821
Prepayments and accrued income 6,102 7,547
870,466 681,868

7. PAYABLES: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£ £
Bank loans and overdrafts 10,644 9,626
Hire purchase contracts 8,475 20,000
Trade payables 200,725 225,021
Tax 97,523 69,448
Social security and other taxes 4,216 4,718
Pension payable 912 711
VAT 21,262 -
Other payables (404 ) 150
Accruals and deferred income 31,914 29,314
375,267 358,988

Hire purchase liabilities are secured against the assets to which they relate.

SUPER FRESH FOOD LIMITED (REGISTERED NUMBER: NI060560)

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

8. PAYABLES: AMOUNTS FALLING DUE AFTER ONE YEAR
2023 2022
£ £
Bank loans - 1-2 years 25,266 35,652
Hire purchase contracts - 8,475
25,266 44,127

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £ £
2 Ordinary Shares 1 2 2

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

At the year end a balance of £609,990 (2022; £480,497) was owed to the company by the directors. The balance is repayable on demand.