2022-08-01 05193882 2023-07-31 05193882 2022-08-01 2023-07-31 05193882 2022-07-31 05193882 2021-08-01 2022-07-31 05193882 uk-core:WithinOneYear 2022-07-31 05193882 uk-core:WithinOneYear 2023-07-31 05193882 uk-core:ShareCapital 2023-07-31 05193882 uk-core:ShareCapital 2022-07-31 05193882 uk-core:RetainedEarningsAccumulatedLosses 2023-07-31 05193882 uk-core:RetainedEarningsAccumulatedLosses 2022-07-31 05193882 uk-bus:Director1 2022-08-01 2023-07-31 05193882 uk-core:PlantMachinery 2022-08-01 2023-07-31 05193882 uk-core:CommercialMotorVehicles 2022-08-01 2023-07-31 05193882 uk-core:FurnitureFittings 2022-08-01 2023-07-31 05193882 uk-core:FurnitureFittings 2022-07-31 05193882 uk-core:CommercialMotorVehicles 2022-07-31 05193882 uk-core:PlantMachinery 2022-07-31 05193882 uk-core:PlantMachinery 2023-07-31 05193882 uk-core:CommercialMotorVehicles 2023-07-31 05193882 uk-core:FurnitureFittings 2023-07-31 iso4217:GBP xbrli:pure 05193882 uk-bus:AuditExemptWithAccountantsReport 2022-08-01 2023-07-31 05193882 uk-bus:FRS102 2022-08-01 2023-07-31 05193882 uk-bus:FilletedAccounts 2022-08-01 2023-07-31 05193882 uk-bus:PrivateLimitedCompanyLtd 2022-08-01 2023-07-31
WHOLESALE TROPICALS (UK) LTD
Registered Number:05193882
For the year ended 31 July 2023
England and Wales
Unaudited Financial Statements
2
For the year ended 31 July 2023
WHOLESALE TROPICALS (UK) LTD
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
05193882
As at 31 July 2023
WHOLESALE TROPICALS (UK) LTD
Statement of Financial Position
£
£
2022
2023
Notes
Fixed assets
Property, plant and equipment
6,516
8,316
2
6,516
8,316
Current assets
Inventories
15,400
14,900
3
Trade and other receivables
72,833
78,675
4
32,558
Cash and cash equivalents
11,883
105,458
120,791
Trade and other payables: amounts falling due within one
year
(33,797)
(40,425)
5
86,994
65,033
Net current assets
Total assets less current liabilities
71,549
95,310
71,549
Net assets
95,310
Capital and reserves
Called up share capital
2
2
Retained earnings
71,547
95,308
71,549
95,310
Shareholders' funds
For the year ended 31 July 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 31 July 2023 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his 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.
T A JONES Director
These financial statements were approved and authorised for issue by the Board on 24 April 2024 and were signed by:
The notes form part of these financial statements
1 of 4
4
For the year ended 31 July 2023
WHOLESALE TROPICALS (UK) LTD
Notes to the Financial Statements
Statutory Information
WHOLESALE TROPICALS (UK) LTD is a private limited company, limited by shares, domiciled in England and Wales,
registration number 05193882.
Principal place of business:
220 Bethnal Green Road
Bethnal Green
London
E2 0AA
Registered address:
Unit 9, 97-101 Peregrine Road
Hainault Business Park
Hainault
Essex
IG6 3XH
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.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Property, plant and equipment
Tangible fixed assets, 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:
Plant and machinery
20% Reducing balance
25% Reducing balance
Motor vehicles
20% Reducing balance
Fixtures and fittings
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
2 of 4
5
For the year ended 31 July 2023
WHOLESALE TROPICALS (UK) LTD
Notes to the Financial Statements Continued
2. Property, plant and equipment
Total
Fixtures and
fittings
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 August 2022
31,004
9,029
18,080
3,895
98
37
-
61
Additions
At 31 July 2023
3,956
18,080
9,066
31,102
Provision for depreciation and impairment
At 01 August 2022
22,688
6,394
13,790
2,504
Charge for year
1,898
534
1,073
291
At 31 July 2023
24,586
6,928
14,863
2,795
At 31 July 2023
Net book value
1,161
3,217
2,138
6,516
At 31 July 2022
1,391
4,290
2,635
8,316
3. Inventories
2022
2023
£
£
Stocks
14,900
15,400
4. Trade and other receivables
2022
2023
£
£
Trade debtors
68,653
59,438
Other debtors
10,022
13,395
72,833
78,675
5. Trade and other payables: amounts falling due within one year
2022
2023
£
£
Trade creditors
10,152
11,461
Taxation and social security
10,281
14,432
Other creditors
19,992
7,904
40,425
33,797
6. Average number of persons employed
During the year the average number of employees was 3 (2022 : 3)
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6
For the year ended 31 July 2023
WHOLESALE TROPICALS (UK) LTD
Notes to the Financial Statements Continued
4 of 4