SAK PRODUCE LIMITED

Company Registration Number:
11391236 (England and Wales)

Unaudited statutory accounts for the year ended 31 May 2023

Period of accounts

Start date: 1 June 2022

End date: 31 May 2023

SAK PRODUCE LIMITED

Contents of the Financial Statements

for the Period Ended 31 May 2023

Profit and loss
Balance sheet
Additional notes
Balance sheet notes

SAK PRODUCE LIMITED

Profit And Loss Account

for the Period Ended 31 May 2023

2023 2022


£

£
Turnover: 9,830,239 8,594,033
Cost of sales: ( 5,729,011 ) ( 5,684,022 )
Gross profit(or loss): 4,101,228 2,910,011
Distribution costs: ( 542,849 ) ( 510,341 )
Administrative expenses: ( 693,570 ) ( 675,849 )
Operating profit(or loss): 2,864,809 1,723,821
Profit(or loss) before tax: 2,864,809 1,723,821
Tax: ( 315,129 ) ( 245,093 )
Profit(or loss) for the financial year: 2,549,680 1,478,728

SAK PRODUCE LIMITED

Balance sheet

As at 31 May 2023

Notes 2023 2022


£

£
Fixed assets
Tangible assets: 3 2,816,378 2,018,622
Total fixed assets: 2,816,378 2,018,622
Current assets
Stocks: 4 1,482,937 1,028,377
Debtors: 5 1,628,950 1,238,401
Cash at bank and in hand: 810,215 764,740
Total current assets: 3,922,102 3,031,518
Creditors: amounts falling due within one year: 6 ( 451,894 ) ( 434,621 )
Net current assets (liabilities): 3,470,208 2,596,897
Total assets less current liabilities: 6,286,586 4,615,519
Total net assets (liabilities): 6,286,586 4,615,519
Capital and reserves
Called up share capital: 100,000 100,000
Profit and loss account: 6,186,586 4,515,519
Total Shareholders' funds: 6,286,586 4,615,519

The notes form part of these financial statements

SAK PRODUCE LIMITED

Balance sheet statements

For the year ending 31 May 2023 the company was entitled to exemption 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.

This report was approved by the board of directors on 14 February 2024
and signed on behalf of the board by:

Name: Darren Durose
Status: Director

The notes form part of these financial statements

SAK PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 1. Accounting policies

    Basis of measurement and preparation

    These financial statements have been prepared in accordance with the provisions of Financial Reporting Standard 101

SAK PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

  • 2. Employees

    2023 2022
    Average number of employees during the period 24 23

SAK PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

3. Tangible assets

Land & buildings Plant & machinery Fixtures & fittings Office equipment Motor vehicles Total
Cost £ £ £ £ £ £
At 1 June 2022 1,285,137 177,570 139,964 118,754 489,434 2,210,859
Additions 327,467 199,077 100,717 66,027 144,203 837,491
Disposals
Revaluations
Transfers
At 31 May 2023 1,612,604 376,647 240,681 184,781 633,637 3,048,350
Depreciation
At 1 June 2022 33,101 36,643 24,044 98,449 192,237
Charge for year 6,245 7,586 6,195 19,709 39,735
On disposals
Other adjustments
At 31 May 2023 39,346 44,229 30,239 118,158 231,972
Net book value
At 31 May 2023 1,612,604 337,301 196,452 154,542 515,479 2,816,378
At 31 May 2022 1,285,137 144,469 103,321 94,710 390,985 2,018,622

SAK PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

4. Stocks

2023 2022
£ £
Stocks 1,482,937 1,028,377
Total 1,482,937 1,028,377

SAK PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

5. Debtors

2023 2022
£ £
Trade debtors 1,628,950 1,238,401
Total 1,628,950 1,238,401

SAK PRODUCE LIMITED

Notes to the Financial Statements

for the Period Ended 31 May 2023

6. Creditors: amounts falling due within one year note

2023 2022
£ £
Trade creditors 136,765 189,528
Taxation and social security 315,129 245,093
Total 451,894 434,621