Company Registration No. 10579624 (England and Wales)
Agro Fruit & Veg Limited
Unaudited accounts
for the year ended 31 January 2024
Agro Fruit & Veg Limited
Unaudited accounts
Contents
Agro Fruit & Veg Limited
Company Information
for the year ended 31 January 2024
Company Number
10579624 (England and Wales)
Registered Office
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Accountants
Brindley Goldstein Ltd
103 High Street
Waltham Cross
EN8 7AN
Chartered Accountants' report to the board of directors on the preparation of the unaudited statutory accounts of Agro Fruit & Veg Limited for the year ended 31 January 2024
In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the accounts of
Agro Fruit & Veg Limited for the year ended
31 January 2024 as set out on pages
5 -
8 from the company's accounting records and from information and explanations you have given us.
As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at icaew.com/membershandbook.
This report is made solely to the Board of Directors of Agro Fruit & Veg Limited, as a body, in accordance with the terms of our engagement letter dated 22 February 2017. Our work has been undertaken solely to prepare for your approval the accounts of Agro Fruit & Veg Limited and state those matters that we have agreed to state to the Board of Directors of Agro Fruit & Veg Limited, as a body, in this report in accordance with AAF 07/16 as detailed at icaew.com/compilation. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Agro Fruit & Veg Limited and its Board of Directors as a body for our work or for this report.
It is your duty to ensure that Agro Fruit & Veg Limited has kept adequate accounting records and to prepare statutory accounts that give a true and fair view of the assets, liabilities, financial position and profit of Agro Fruit & Veg Limited. You consider that Agro Fruit & Veg Limited is exempt from the statutory audit requirement for the year.
We have not been instructed to carry out an audit or a review of the accounts of Agro Fruit & Veg Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory accounts.
Brindley Goldstein Ltd
Chartered Accountants
103 High Street
Waltham Cross
EN8 7AN
18 April 2024
Agro Fruit & Veg Limited
Statement of financial position
as at 31 January 2024
Tangible assets
9,404
7,913
Cash at bank and in hand
12
1,583
Creditors: amounts falling due within one year
(105,559)
(101,183)
Net current liabilities
(103,792)
(98,079)
Total assets less current liabilities
(94,388)
(90,166)
Creditors: amounts falling due after more than one year
(1,760)
(3,574)
Net liabilities
(96,148)
(93,740)
Called up share capital
100
100
Profit and loss account
(96,248)
(93,840)
Shareholders' funds
(96,148)
(93,740)
For the year ending 31 January 2024 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 in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board and authorised for issue on 18 April 2024 and were signed on its behalf by
Mr Ionut Puca
Director
Company Registration No. 10579624
Agro Fruit & Veg Limited
Notes to the Accounts
for the year ended 31 January 2024
Agro Fruit & Veg Limited is a private company, limited by shares, registered in England and Wales, registration number 10579624. The registered office is Brindley Goldstein Ltd, 103 High Street, Waltham Cross, EN8 7AN.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
The director, having considered the net liability position of the company and made due enquiries, continues to adopt the going concern basis in preparing the financial statements as he will support the company and believes the company will continue in operation for the foreseeable future.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
10% Straight Line
Motor vehicles
20% Straight Line
Agro Fruit & Veg Limited
Notes to the Accounts
for the year ended 31 January 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 February 2023
4,500
7,795
12,295
At 31 January 2024
4,500
11,295
15,795
At 1 February 2023
225
4,157
4,382
Charge for the year
450
1,559
2,009
At 31 January 2024
675
5,716
6,391
At 31 January 2024
3,825
5,579
9,404
At 31 January 2023
4,275
3,638
7,913
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
1,715
1,617
Trade creditors
88,096
88,096
Taxes and social security
5,391
1,261
Other creditors
10,000
10,000
Loans from directors
357
209
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Agro Fruit & Veg Limited
Notes to the Accounts
for the year ended 31 January 2024
9
Transactions with related parties
The company was under the control of Mr I. A. Puca throughout the current year. Mr I. A. Puca and his wife, Mrs A. E. Puca are each personally interested in 50% of the company's share capital.
Mr I. A. Puca and Mrs A. E. Puca each received a dividend from the company during the year of £14,000 (2023: £11,750).
10
Average number of employees
During the year the average number of employees was 2 (2023: 2).