2023-04-012024-03-312024-03-31false03989627Ceres Natural Foods Limited2024-07-0947290iso4217:GBPxbrli:pure039896272023-04-01039896272024-03-31039896272023-04-012024-03-31039896272022-04-01039896272023-03-31039896272022-04-012023-03-3103989627bus:SmallEntities2023-04-012024-03-3103989627bus:AuditExempt-NoAccountantsReport2023-04-012024-03-3103989627bus:AbridgedAccounts2023-04-012024-03-3103989627bus:PrivateLimitedCompanyLtd2023-04-012024-03-3103989627core:WithinOneYear2024-03-3103989627core:AfterOneYear2024-03-3103989627core:WithinOneYear2023-03-3103989627core:AfterOneYear2023-03-3103989627core:ShareCapital2024-03-3103989627core:SharePremium2024-03-3103989627core:RevaluationReserve2024-03-3103989627core:OtherReservesSubtotal2024-03-3103989627core:RetainedEarningsAccumulatedLosses2024-03-3103989627core:ShareCapital2023-03-3103989627core:SharePremium2023-03-3103989627core:RevaluationReserve2023-03-3103989627core:OtherReservesSubtotal2023-03-3103989627core:RetainedEarningsAccumulatedLosses2023-03-3103989627core:LandBuildings2024-03-3103989627core:PlantMachinery2024-03-3103989627core:Vehicles2024-03-3103989627core:FurnitureFittings2024-03-3103989627core:OfficeEquipment2024-03-3103989627core:NetGoodwill2024-03-3103989627core:IntangibleAssetsOtherThanGoodwill2024-03-3103989627core:ListedExchangeTraded2024-03-3103989627core:UnlistedNon-exchangeTraded2024-03-3103989627core:LandBuildings2023-03-3103989627core:PlantMachinery2023-03-3103989627core:Vehicles2023-03-3103989627core:FurnitureFittings2023-03-3103989627core:OfficeEquipment2023-03-3103989627core:NetGoodwill2023-03-3103989627core:IntangibleAssetsOtherThanGoodwill2023-03-3103989627core:ListedExchangeTraded2023-03-3103989627core:UnlistedNon-exchangeTraded2023-03-3103989627core:LandBuildings2023-04-012024-03-3103989627core:PlantMachinery2023-04-012024-03-3103989627core:Vehicles2023-04-012024-03-3103989627core:FurnitureFittings2023-04-012024-03-3103989627core:OfficeEquipment2023-04-012024-03-3103989627core:NetGoodwill2023-04-012024-03-3103989627core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3103989627core:ListedExchangeTraded2023-04-012024-03-3103989627core:UnlistedNon-exchangeTraded2023-04-012024-03-3103989627core:MoreThanFiveYears2023-04-012024-03-3103989627core:Non-currentFinancialInstruments2024-03-3103989627core:Non-currentFinancialInstruments2023-03-3103989627dpl:CostSales2023-04-012024-03-3103989627dpl:DistributionCosts2023-04-012024-03-3103989627core:LandBuildings2023-04-012024-03-3103989627core:PlantMachinery2023-04-012024-03-3103989627core:Vehicles2023-04-012024-03-3103989627core:FurnitureFittings2023-04-012024-03-3103989627core:OfficeEquipment2023-04-012024-03-3103989627dpl:AdministrativeExpenses2023-04-012024-03-3103989627core:NetGoodwill2023-04-012024-03-3103989627core:IntangibleAssetsOtherThanGoodwill2023-04-012024-03-3103989627dpl:GroupUndertakings2023-04-012024-03-3103989627dpl:ParticipatingInterests2023-04-012024-03-3103989627dpl:GroupUndertakingscore:ListedExchangeTraded2023-04-012024-03-3103989627core:ListedExchangeTraded2023-04-012024-03-3103989627dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2023-04-012024-03-3103989627core:UnlistedNon-exchangeTraded2023-04-012024-03-3103989627dpl:CostSales2022-04-012023-03-3103989627dpl:DistributionCosts2022-04-012023-03-3103989627core:LandBuildings2022-04-012023-03-3103989627core:PlantMachinery2022-04-012023-03-3103989627core:Vehicles2022-04-012023-03-3103989627core:FurnitureFittings2022-04-012023-03-3103989627core:OfficeEquipment2022-04-012023-03-3103989627dpl:AdministrativeExpenses2022-04-012023-03-3103989627core:NetGoodwill2022-04-012023-03-3103989627core:IntangibleAssetsOtherThanGoodwill2022-04-012023-03-3103989627dpl:GroupUndertakings2022-04-012023-03-3103989627dpl:ParticipatingInterests2022-04-012023-03-3103989627dpl:GroupUndertakingscore:ListedExchangeTraded2022-04-012023-03-3103989627core:ListedExchangeTraded2022-04-012023-03-3103989627dpl:GroupUndertakingscore:UnlistedNon-exchangeTraded2022-04-012023-03-3103989627core:UnlistedNon-exchangeTraded2022-04-012023-03-3103989627core:NetGoodwill2024-03-3103989627core:IntangibleAssetsOtherThanGoodwill2024-03-3103989627core:LandBuildings2024-03-3103989627core:PlantMachinery2024-03-3103989627core:Vehicles2024-03-3103989627core:FurnitureFittings2024-03-3103989627core:OfficeEquipment2024-03-3103989627core:AfterOneYear2024-03-3103989627core:WithinOneYear2024-03-3103989627core:ListedExchangeTraded2024-03-3103989627core:UnlistedNon-exchangeTraded2024-03-3103989627core:ShareCapital2024-03-3103989627core:SharePremium2024-03-3103989627core:RevaluationReserve2024-03-3103989627core:OtherReservesSubtotal2024-03-3103989627core:RetainedEarningsAccumulatedLosses2024-03-3103989627core:NetGoodwill2023-03-3103989627core:IntangibleAssetsOtherThanGoodwill2023-03-3103989627core:LandBuildings2023-03-3103989627core:PlantMachinery2023-03-3103989627core:Vehicles2023-03-3103989627core:FurnitureFittings2023-03-3103989627core:OfficeEquipment2023-03-3103989627core:AfterOneYear2023-03-3103989627core:WithinOneYear2023-03-3103989627core:ListedExchangeTraded2023-03-3103989627core:UnlistedNon-exchangeTraded2023-03-3103989627core:ShareCapital2023-03-3103989627core:SharePremium2023-03-3103989627core:RevaluationReserve2023-03-3103989627core:OtherReservesSubtotal2023-03-3103989627core:RetainedEarningsAccumulatedLosses2023-03-3103989627core:NetGoodwill2022-04-0103989627core:IntangibleAssetsOtherThanGoodwill2022-04-0103989627core:LandBuildings2022-04-0103989627core:PlantMachinery2022-04-0103989627core:Vehicles2022-04-0103989627core:FurnitureFittings2022-04-0103989627core:OfficeEquipment2022-04-0103989627core:AfterOneYear2022-04-0103989627core:WithinOneYear2022-04-0103989627core:ListedExchangeTraded2022-04-0103989627core:UnlistedNon-exchangeTraded2022-04-0103989627core:ShareCapital2022-04-0103989627core:SharePremium2022-04-0103989627core:RevaluationReserve2022-04-0103989627core:OtherReservesSubtotal2022-04-0103989627core:RetainedEarningsAccumulatedLosses2022-04-0103989627core:AfterOneYear2023-04-012024-03-3103989627core:WithinOneYear2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:CostValuation2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-04-012024-03-3103989627core:Non-currentFinancialInstrumentscore:CostValuation2024-03-3103989627core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2024-03-3103989627core:Non-currentFinancialInstrumentscore:CostValuation2023-03-3103989627core:Non-currentFinancialInstrumentscore:AdditionsToInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:RevaluationsIncreaseDecreaseInInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:ProvidedReleasedInPeriodProvisionsForImpairmentInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:ImpairmentLossReversalProvisionsForImpairmentInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:AcquisitionsIncreaseInProvisionsForImpairmentInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:DisposalsDecreaseInProvisionsForImpairmentInvestments2023-03-3103989627core:Non-currentFinancialInstrumentscore:OtherIncreaseDecreaseInProvisionsForImpairmentInvestments2023-03-3103989627bus:Director12023-04-012024-03-31

Ceres Natural Foods Limited

Registered Number
03989627
(England and Wales)

Unaudited Financial Statements for the Year ended
31 March 2024

Ceres Natural Foods Limited
Company Information
for the year from 1 April 2023 to 31 March 2024

Director

Jenkins, Peter Arthur

Company Secretary

Jenkins, Lesley Eileen

Registered Address

9/11 Princes Street
Yeovil
Somerset
BA20 1EN

Registered Number

03989627 (England and Wales)
Ceres Natural Foods Limited
Balance Sheet as at
31 March 2024

Notes

2024

2023

£

£

£

£

Fixed assets
Tangible assets33,8074,561
3,8074,561
Current assets
Stocks52,15650,865
Debtors41,0201,502
Cash at bank and on hand61,08242,060
114,25894,427
Creditors amounts falling due within one year5(38,855)(18,115)
Net current assets (liabilities)75,40376,312
Total assets less current liabilities79,21080,873
Creditors amounts falling due after one year6(31,307)(36,622)
Provisions for liabilities(723)(867)
Net assets47,18043,384
Capital and reserves
Called up share capital44
Profit and loss account47,17643,380
Shareholders' funds47,18043,384
The financial statements were approved and authorised for issue by the Director on 9 July 2024, and are signed on its behalf by:
Jenkins, Peter Arthur
Director
Registered Company No. 03989627
Ceres Natural Foods Limited
Notes to the Financial Statements
for the year ended 31 March 2024

1.Accounting policies
Statutory information
The company is a private company limited by shares and registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.
Statement of compliance
The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.
Revenue from sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Employee benefits
Contributions to defined contribution plans are expensed in the period to which they relate.
Deferred tax
Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Tangible fixed assets and depreciation
Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:

Straight line (years)
Plant and machinery5
Fixtures and fittings5
Office Equipment3
Stocks and work in progress
Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete).
2.Average number of employees

20242023
Average number of employees during the year79
3.Tangible fixed assets

Total

£
Cost or valuation
At 01 April 23137,973
Additions708
At 31 March 24138,681
Depreciation and impairment
At 01 April 23133,412
Charge for year1,462
At 31 March 24134,874
Net book value
At 31 March 243,807
At 31 March 234,561
4.Debtors: amounts due within one year

2024

2023

££
Amounts owed by associates and joint ventures / participating interests1111
Prepayments and accrued income1,0091,491
Total1,0201,502
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
5.Creditors: amounts due within one year

2024

2023

££
Trade creditors / trade payables20,557981
Bank borrowings and overdrafts5,4755,371
Amounts owed to related parties6,3976,397
Taxation and social security4,3533,462
Other creditors174-
Accrued liabilities and deferred income1,8991,904
Total38,85518,115
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
6.Creditors: amounts due after one year

2024

2023

££
Bank borrowings and overdrafts31,30736,622
Total31,30736,622