GROVE FOODS LTD

Company Registration Number:
07423355 (England and Wales)

Unaudited abridged accounts for the year ended 31 October 2023

Period of accounts

Start date: 01 November 2022

End date: 31 October 2023

GROVE FOODS LTD

Contents of the Financial Statements

for the Period Ended 31 October 2023

Balance sheet
Notes

GROVE FOODS LTD

Balance sheet

As at 31 October 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 19,905 26,540
Total fixed assets: 19,905 26,540
Current assets
Stocks: 72,757 75,445
Debtors:   1,105,046 961,252
Cash at bank and in hand: 6,466 13,948
Total current assets: 1,184,269 1,050,645
Creditors: amounts falling due within one year:   (336,471) (241,633)
Net current assets (liabilities): 847,798 809,012
Total assets less current liabilities: 867,703 835,552
Creditors: amounts falling due after more than one year:   (25,154) (96,764)
Total net assets (liabilities): 842,549 738,788
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 842,449 738,688
Shareholders funds: 842,549 738,788

The notes form part of these financial statements

GROVE FOODS LTD

Balance sheet statements

For the year ending 31 October 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 30 June 2024
and signed on behalf of the board by:

Name: Marhab Abu Nayla
Status: Director

The notes form part of these financial statements

GROVE FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

1. Accounting policies

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

Turnover policy

Turnover represents the invoiced value of goods and services supplied by the company, net of value added tax and discounts.

Tangible fixed assets and depreciation policy

Depreciation has been provided to write off the assets over their estimated usual life @ 25% on reducing balance.

GROVE FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

2. Employees

2023 2022
Average number of employees during the period 4 4

GROVE FOODS LTD

Notes to the Financial Statements

for the Period Ended 31 October 2023

3. Tangible Assets

Total
Cost £
At 01 November 2022 57,865
At 31 October 2023 57,865
Depreciation
At 01 November 2022 31,325
Charge for year 6,635
At 31 October 2023 37,960
Net book value
At 31 October 2023 19,905
At 31 October 2022 26,540