IRIS Accounts Production v23.4.0.336 11687245 Board of Directors 1.12.22 30.11.23 30.11.23 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh116872452022-11-30116872452023-11-30116872452022-12-012023-11-30116872452021-11-30116872452021-12-012022-11-30116872452022-11-3011687245ns15:EnglandWales2022-12-012023-11-3011687245ns14:PoundSterling2022-12-012023-11-3011687245ns10:Director12022-12-012023-11-3011687245ns10:PrivateLimitedCompanyLtd2022-12-012023-11-3011687245ns10:SmallEntities2022-12-012023-11-3011687245ns10:AuditExempt-NoAccountantsReport2022-12-012023-11-3011687245ns10:SmallCompaniesRegimeForDirectorsReport2022-12-012023-11-3011687245ns10:SmallCompaniesRegimeForAccounts2022-12-012023-11-3011687245ns10:FullAccounts2022-12-012023-11-301168724512022-12-012023-11-3011687245ns10:Director22022-12-012023-11-3011687245ns10:RegisteredOffice2022-12-012023-11-3011687245ns5:CurrentFinancialInstruments2023-11-3011687245ns5:CurrentFinancialInstruments2022-11-3011687245ns5:Non-currentFinancialInstruments2023-11-3011687245ns5:Non-currentFinancialInstruments2022-11-3011687245ns5:ShareCapital2023-11-3011687245ns5:ShareCapital2022-11-3011687245ns5:RetainedEarningsAccumulatedLosses2023-11-3011687245ns5:RetainedEarningsAccumulatedLosses2022-11-3011687245ns5:NetGoodwill2022-12-012023-11-3011687245ns5:IntangibleAssetsOtherThanGoodwill2022-12-012023-11-3011687245ns5:FurnitureFittings2022-12-012023-11-3011687245ns5:MotorVehicles2022-12-012023-11-3011687245ns5:NetGoodwill2022-11-3011687245ns5:NetGoodwill2023-11-3011687245ns5:NetGoodwill2022-11-3011687245ns5:LandBuildings2022-11-3011687245ns5:PlantMachinery2022-11-3011687245ns5:LandBuildings2022-12-012023-11-3011687245ns5:PlantMachinery2022-12-012023-11-3011687245ns5:LandBuildings2023-11-3011687245ns5:PlantMachinery2023-11-3011687245ns5:LandBuildings2022-11-3011687245ns5:PlantMachinery2022-11-3011687245ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-11-3011687245ns5:CurrentFinancialInstrumentsns5:WithinOneYear2022-11-30
REGISTERED NUMBER: 11687245 (England and Wales)















Hampstead Veg and Fruit Limited

Unaudited Financial Statements for the Year Ended 30 November 2023






Hampstead Veg and Fruit Limited (Registered number: 11687245)






Contents of the Financial Statements
for the Year Ended 30 November 2023




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Hampstead Veg and Fruit Limited

Company Information
for the Year Ended 30 November 2023







DIRECTORS: Mr H Sonzamanci
Mrs D Sonzamanci





REGISTERED OFFICE: 97 Judd Street
London
WC1H 9JG





BUSINESS ADDRESS: 243 West End Lane
London
NW6 1XN





REGISTERED NUMBER: 11687245 (England and Wales)





ACCOUNTANTS: Chris Syrimis & Co
Chartered Certified Accountants
97 Judd Street
London
WC1H 9JG

Hampstead Veg and Fruit Limited (Registered number: 11687245)

Balance Sheet
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 13,333 20,000
Tangible assets 5 22,419 26,343
35,752 46,343

CURRENT ASSETS
Stocks 13,500 11,900
Debtors 6 12,934 13,455
Cash at bank and in hand 125,865 129,658
152,299 155,013
CREDITORS
Amounts falling due within one year 7 44,823 62,046
NET CURRENT ASSETS 107,476 92,967
TOTAL ASSETS LESS CURRENT
LIABILITIES

143,228

139,310

CREDITORS
Amounts falling due after more than one
year

8

-

(2,766

)

PROVISIONS FOR LIABILITIES (2,565 ) (3,310 )
NET ASSETS 140,663 133,234

Hampstead Veg and Fruit Limited (Registered number: 11687245)

Balance Sheet - continued
30 November 2023

30/11/23 30/11/22
Notes £    £    £    £   
CAPITAL AND RESERVES
Called up share capital 10 10
Retained earnings 140,653 133,224
140,663 133,234

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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.

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 16 April 2024 and were signed on its behalf by:





Mr H Sonzamanci - Director


Hampstead Veg and Fruit Limited (Registered number: 11687245)

Notes to the Financial Statements
for the Year Ended 30 November 2023

1. STATUTORY INFORMATION

Hampstead Veg and Fruit Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 2019, is being amortised evenly over its estimated useful life of fifteen years.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Fixtures and fittings - 20% on reducing balance
Motor vehicles - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 balance sheet date.


Hampstead Veg and Fruit Limited (Registered number: 11687245)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2022 - 3 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 December 2022
and 30 November 2023 20,000
AMORTISATION
Amortisation for year 6,667
At 30 November 2023 6,667
NET BOOK VALUE
At 30 November 2023 13,333
At 30 November 2022 20,000

Hampstead Veg and Fruit Limited (Registered number: 11687245)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2023

5. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 December 2022
and 30 November 2023 8,917 46,934 55,851
DEPRECIATION
At 1 December 2022 - 29,508 29,508
Charge for year - 3,924 3,924
At 30 November 2023 - 33,432 33,432
NET BOOK VALUE
At 30 November 2023 8,917 13,502 22,419
At 30 November 2022 8,917 17,426 26,343

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Other debtors 12,934 13,455

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30/11/23 30/11/22
£    £   
Trade creditors 2,020 1,790
Taxation and social security 8,743 8,554
Other creditors 34,060 51,702
44,823 62,046

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN
ONE YEAR
30/11/23 30/11/22
£    £   
Hire purchase contracts - 2,766