2022-07-01 SC508031 2023-06-30 SC508031 2022-07-01 2023-06-30 SC508031 2022-06-30 SC508031 2021-07-01 2022-06-30 SC508031 uk-core:WithinOneYear 2022-06-30 SC508031 uk-core:WithinOneYear 2023-06-30 SC508031 uk-core:ShareCapital 2023-06-30 SC508031 uk-core:ShareCapital 2022-06-30 SC508031 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC508031 uk-core:RetainedEarningsAccumulatedLosses 2022-06-30 SC508031 uk-bus:Director1 2022-07-01 2023-06-30 SC508031 uk-core:VehiclesPlantMachinery 2022-07-01 2023-06-30 SC508031 uk-core:FurnitureFittings 2022-07-01 2023-06-30 SC508031 uk-core:FurnitureFittings 2022-06-30 SC508031 uk-core:VehiclesPlantMachinery 2022-06-30 SC508031 uk-core:VehiclesPlantMachinery 2023-06-30 SC508031 uk-core:FurnitureFittings 2023-06-30 iso4217:GBP xbrli:pure SC508031 uk-bus:AuditExemptWithAccountantsReport 2022-07-01 2023-06-30 SC508031 uk-bus:FRS102 2022-07-01 2023-06-30 SC508031 uk-bus:FullAccounts 2022-07-01 2023-06-30 SC508031 uk-bus:PrivateLimitedCompanyLtd 2022-07-01 2023-06-30
Fraser's Fruit and Veg Limited
Registered Number:SC508031
For the year ended 30 June 2023
Scotland
Unaudited Financial Statements
2
For the year ended 30 June 2023
Fraser's Fruit and Veg Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC508031
As at 30 June 2023
Fraser's Fruit and Veg Limited
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
5,243
6,990
2
5,243
6,990
Current assets
Inventories
5,650
6,321
3
Trade and other receivables
3,519
8,982
4
24,847
Cash and cash equivalents
27,383
42,686
34,016
Trade and other payables: amounts falling due within one year
(17,362)
(23,892)
5
16,654
18,794
Net current assets
Total assets less current liabilities
24,037
23,644
24,037
Net assets
23,644
Capital and reserves
Called up share capital
100
100
Retained earnings
23,937
23,544
24,037
23,644
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2023 in accordance with Section 476 of the Companies Act 2006
The directors acknowledge their responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Fraser Reid Director
These financial statements were approved and authorised for issue by the Board on 07 March 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2023
Fraser's Fruit and Veg Limited
Notes to the Financial Statements
Statutory Information
Fraser's Fruit and Veg Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC508031.
Registered address:
Moultrie Cottage
St Michaels
St Andrews
KY16 0DU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Intangible assets
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
£
£
£
Cost or valuation
At 01 July 2022
25,906
15,106
10,800
At 30 June 2023
10,800
15,106
25,906
Provision for depreciation and impairment
At 01 July 2022
18,916
12,673
6,243
Charge for year
1,747
608
1,139
At 30 June 2023
20,663
13,281
7,382
At 30 June 2023
Net book value
3,418
1,825
5,243
At 30 June 2022
4,557
2,433
6,990
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5
For the year ended 30 June 2023
Fraser's Fruit and Veg Limited
Notes to the Financial Statements Continued
3. Inventories
2022
2023
£
£
Stocks
6,321
5,650
4. Trade and other receivables
2022
2023
£
£
Trade debtors
8,586
3,174
Other debtors
396
345
3,519
8,982
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
5,136
4,039
Taxation and social security
4,052
2,068
Other creditors
14,704
11,255
23,892
17,362
6. Average number of persons employed
During the year the average number of employees was 6 (2022 : 5)
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