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REGISTERED NUMBER: 01381898 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

HYLAND FRUITS LIMITED

HYLAND FRUITS LIMITED (REGISTERED NUMBER: 01381898)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4

Chartered Certified Accountants' Report 7

HYLAND FRUITS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 DECEMBER 2023







DIRECTORS: H Dolby
K J Dolby





SECRETARY:





REGISTERED OFFICE: Hylands
Pidley Road
Somersham
Cambridgeshire
PE28 3ES





REGISTERED NUMBER: 01381898 (England and Wales)





ACCOUNTANTS: Sherwoods
Chartered Certified Accountants
83 High Street
West Wickham
Kent
BR4 0LS

HYLAND FRUITS LIMITED (REGISTERED NUMBER: 01381898)

STATEMENT OF FINANCIAL POSITION
31 DECEMBER 2023

31.12.23 31.12.22
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 101,421 99,939

CURRENT ASSETS
Stocks 52,875 47,160
Debtors 5 67,768 47,698
Cash at bank and in hand 30,954 48,240
151,597 143,098
CREDITORS
Amounts falling due within one year 6 235,988 233,085
NET CURRENT LIABILITIES (84,391 ) (89,987 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

17,030

9,952

CAPITAL AND RESERVES
Called up share capital 3,000 3,000
Retained earnings 14,030 6,952
SHAREHOLDERS' FUNDS 17,030 9,952

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

HYLAND FRUITS LIMITED (REGISTERED NUMBER: 01381898)

STATEMENT OF FINANCIAL POSITION - continued
31 DECEMBER 2023


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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 August 2024 and were signed on its behalf by:




H Dolby - Director



K J Dolby - Director


HYLAND FRUITS LIMITED (REGISTERED NUMBER: 01381898)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 DECEMBER 2023

1. STATUTORY INFORMATION

Hyland Fruits 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 derived from ordinary activities of the company and is stated exclusive of trade discounts and V.A.T.


Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 30% on reducing balance
Improvements to property - 30% on reducing balance
Plant and machinery - 25% on reducing balance
Fixtures and fittings - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Computer equipment - 25% on reducing balance

Stock
Stocks of goods and produce were valued at cost or market value whichever is the lower.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

HYLAND FRUITS LIMITED (REGISTERED NUMBER: 01381898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2022 - 5 ) .

4. TANGIBLE FIXED ASSETS
Improvements
Freehold to Plant and
property property machinery
£    £    £   
COST
At 1 January 2023 47,638 27,007 23,027
Additions - 7,625 -
Reclassification/transfer - - (7,625 )
At 31 December 2023 47,638 34,632 15,402
DEPRECIATION
At 1 January 2023 - - 15,634
Charge for year - - 424
Reclassification/transfer - - (1,906 )
At 31 December 2023 - - 14,152
NET BOOK VALUE
At 31 December 2023 47,638 34,632 1,250
At 31 December 2022 47,638 27,007 7,393

Fixtures
and Motor Computer
fittings vehicles equipment Totals
£    £    £    £   
COST
At 1 January 2023 3,220 83,462 1,549 185,903
Additions - - - 7,625
Reclassification/transfer - - - (7,625 )
At 31 December 2023 3,220 83,462 1,549 185,903
DEPRECIATION
At 1 January 2023 3,219 65,563 1,548 85,964
Charge for year - - - 424
Reclassification/transfer - - - (1,906 )
At 31 December 2023 3,219 65,563 1,548 84,482
NET BOOK VALUE
At 31 December 2023 1 17,899 1 101,421
At 31 December 2022 1 17,899 1 99,939


HYLAND FRUITS LIMITED (REGISTERED NUMBER: 01381898)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 DECEMBER 2023

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade debtors 43,065 28,122
Other debtors 24,703 19,576
67,768 47,698

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.23 31.12.22
£    £   
Trade creditors 8,434 -
Taxation and social security - 320
Other creditors 227,554 232,765
235,988 233,085

CHARTERED CERTIFIED ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS
ON THE UNAUDITED FINANCIAL STATEMENTS OF
HYLAND FRUITS LIMITED

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Statement of Financial Position. Readers are cautioned that the Statement of Comprehensive Income and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Hyland Fruits Limited for the year ended 31 December 2023 which comprise the Income Statement, Statement of Financial Position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Hyland Fruits Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Hyland Fruits Limited and state those matters that we have agreed to state to the Board of Directors of Hyland Fruits Limited, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Hyland Fruits Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Hyland Fruits Limited. You consider that Hyland Fruits 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 financial statements of Hyland Fruits 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 financial statements.






Sherwoods
Chartered Certified Accountants
83 High Street
West Wickham
Kent
BR4 0LS


Date: .............................................