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REGISTERED NUMBER: 04679643 (England and Wales)











UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2024

FOR

THE FULBOURN FRUIT SHOP LIMITED

THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


THE FULBOURN FRUIT SHOP LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2024







DIRECTOR: R Wombwell





REGISTERED OFFICE: 3 Apthorpe Street
Fulbourn
Cambridge
Cambridgeshire
CB21 5EY





REGISTERED NUMBER: 04679643 (England and Wales)





ACCOUNTANTS: Thompson Taraz Rand Ltd
Chartered Accountants
10 Jesus Lane
Cambridge
Cambridgeshire
CB5 8BA

THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)

BALANCE SHEET
31 MARCH 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 5,037 5,998
5,037 5,998

CURRENT ASSETS
Stocks 350 550
Debtors 7 4,072 7,266
Cash at bank and in hand 17,170 21,031
21,592 28,847
CREDITORS
Amounts falling due within one year 8 (5,370 ) (8,478 )
NET CURRENT ASSETS 16,222 20,369
TOTAL ASSETS LESS CURRENT
LIABILITIES

21,259

26,367

PROVISIONS FOR LIABILITIES 9 (957 ) (1,140 )
NET ASSETS 20,302 25,227

CAPITAL AND RESERVES
Called up share capital 10 10 10
Retained earnings 20,292 25,217
SHAREHOLDERS' FUNDS 20,302 25,227

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)

BALANCE SHEET - continued
31 MARCH 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 August 2024 and were signed by:





R Wombwell - Director


THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2024

1. STATUTORY INFORMATION

The Fulbourn Fruit Shop 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

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.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Revenue from sale of goods is recognised when goods are delivered and legal title has passed.

Goodwill
Goodwill arising on the acquisition of a business is carried at cost less accumulated amortisation and impairment losses, if any. Goodwill is being amortised evenly over its estimated remaining useful life of 8 years.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Motor vans - 15% on cost
Equipment - at varying rates on cost

At each balance sheet date, the company reviews the carrying amount of its tangible fixed assets to determine whether there is any indication that any items have suffered an impairment loss. If any such indication exists, the recoverable amount of an asset is estimated in order to determine the extent of the impairment loss, if any.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Financial instruments
Basic financial assets and basic financial liabilities as defined under section 11 of FRS 102, including trade and other debtors, trade and other creditors, cash and bank balances and investments in commercial paper, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

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.

THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

3. ACCOUNTING POLICIES - continued

Going concern
The director has a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus he continues to adopt the going concern basis of accounting in preparing the financial statements.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2023 - 8 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2023
and 31 March 2024 20,000
AMORTISATION
At 1 April 2023
and 31 March 2024 20,000
NET BOOK VALUE
At 31 March 2024 -
At 31 March 2023 -

6. TANGIBLE FIXED ASSETS
Motor
vans Equipment Totals
£    £    £   
COST
At 1 April 2023 30,473 5,952 36,425
Additions - 1,300 1,300
At 31 March 2024 30,473 7,252 37,725
DEPRECIATION
At 1 April 2023 24,475 5,952 30,427
Charge for year 2,063 198 2,261
At 31 March 2024 26,538 6,150 32,688
NET BOOK VALUE
At 31 March 2024 3,935 1,102 5,037
At 31 March 2023 5,998 - 5,998

THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,954 2,400
Other debtors 333 815
Social security and other taxes 1,146 731
Director's current account 639 3,320
4,072 7,266

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 947 1,367
Corporation tax 1,861 3,502
Social security and other taxes 1,122 1,283
Other creditors 1,440 2,326
5,370 8,478

The director's loan account is repayable on demand and interest free.

9. PROVISIONS FOR LIABILITIES
2024 2023
£    £   
Deferred tax 957 1,140

Deferred
tax
£   
Balance at 1 April 2023 1,140
Provided during year (183 )
Charge/(credit) for the year
Balance at 31 March 2024 957

The provision for deferred taxation is made up of accelerated capital allowances.

10. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
10 Ordinary £1 10 10

THE FULBOURN FRUIT SHOP LIMITED (REGISTERED NUMBER: 04679643)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2024

11. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2024 and 31 March 2023:

2024 2023
£    £   
R Wombwell
Balance outstanding at start of year 3,320 -
Amounts advanced 639 3,320
Amounts repaid (3,320 ) -
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 639 3,320