Company Registration No. 07529517 (England and Wales)
Fresh & Fruity (Beverley) Ltd
Unaudited accounts
for the year ended 29 February 2024
Fresh & Fruity (Beverley) Ltd
Unaudited accounts
Contents
Fresh & Fruity (Beverley) Ltd
Company Information
for the year ended 29 February 2024
Company Number
07529517 (England and Wales)
Registered Office
12 DYER LANE
BEVERLEY
EAST YORKSHIRE
HU17 8AE
ENGLAND
Accountants
Kendall Accountancy Services Limited
2 Exeter Street
New Village Road
Cottingham
East Yorkshire
HU16 4LU
Fresh & Fruity (Beverley) Ltd
Statement of financial position
as at 29 February 2024
Tangible assets
16,292
14,469
Cash at bank and in hand
6,666
9,090
Creditors: amounts falling due within one year
(15,654)
(11,281)
Net current liabilities
(6,230)
(1,252)
Total assets less current liabilities
10,062
13,217
Creditors: amounts falling due after more than one year
(6,666)
(12,313)
Provisions for liabilities
Deferred tax
(3,119)
(2,407)
Net assets/(liabilities)
277
(1,503)
Called up share capital
10
10
Profit and loss account
267
(1,513)
Shareholders' funds
277
(1,503)
For the year ending 29 February 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 her 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 14 August 2024 and were signed on its behalf by
Ms T Hartley
Director
Company Registration No. 07529517
Fresh & Fruity (Beverley) Ltd
Notes to the Accounts
for the year ended 29 February 2024
Fresh & Fruity (Beverley) Ltd is a private company, limited by shares, registered in England and Wales, registration number 07529517. The registered office is 12 DYER LANE, BEVERLEY, EAST YORKSHIRE, HU17 8AE, ENGLAND.
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.
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
25% cost
Fixtures & fittings
10% cost
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. 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.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Fresh & Fruity (Beverley) Ltd
Notes to the Accounts
for the year ended 29 February 2024
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2023
4,843
35,413
14,709
312
55,277
Additions
791
-
4,310
-
5,101
At 29 February 2024
5,634
35,413
19,019
312
60,378
At 1 March 2023
4,843
26,787
9,171
7
40,808
Charge for the year
118
1,575
1,507
78
3,278
At 29 February 2024
4,961
28,362
10,678
85
44,086
At 29 February 2024
673
7,051
8,341
227
16,292
At 28 February 2023
-
8,626
5,538
305
14,469
Amounts falling due within one year
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
5,000
4,353
Trade creditors
2,411
2,155
Taxes and social security
(45)
263
Loans from directors
8,214
4,260
7
Creditors: amounts falling due after more than one year
2024
2023
Allotted, called up and fully paid:
10 Ordinary shares of £1 each
10
10
9
Average number of employees
During the year the average number of employees was 1 (2023: 1).