Company Registration No. 02121327 (England and Wales)
Stephens Fresh Foods Ltd
Unaudited accounts
for the year ended 30 April 2024
Stephens Fresh Foods Ltd
Unaudited accounts
Contents
Stephens Fresh Foods Ltd
Company Information
for the year ended 30 April 2024
Directors
W P Lawson
S R Leadbitter
S Orpin
Company Number
02121327 (England and Wales)
Registered Office
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME2 4FX
Accountants
AK Tax & Accountancy Ltd
Suite 1 Christchurch House
Sir Thomas Longley Road
Rochester
Kent
ME24FX
Stephens Fresh Foods Ltd
Statement of financial position
as at 30 April 2024
Intangible assets
60,000
80,000
Tangible assets
203,963
95,058
Inventories
294,232
297,000
Cash at bank and in hand
94,311
187,825
Creditors: amounts falling due within one year
(892,135)
(990,428)
Net current assets
301,294
383,402
Total assets less current liabilities
565,257
558,460
Creditors: amounts falling due after more than one year
-
(127,349)
Provisions for liabilities
Deferred tax
(5,835)
(5,835)
Net assets
559,422
425,276
Called up share capital
200
200
Profit and loss account
559,222
425,076
Shareholders' funds
559,422
425,276
For the year ending 30 April 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 directors acknowledge their 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 of Directors and authorised for issue on 21 June 2024 and were signed on its behalf by
W P Lawson
Director
Company Registration No. 02121327
Stephens Fresh Foods Ltd
Notes to the Accounts
for the year ended 30 April 2024
Stephens Fresh Foods Ltd is a private company, limited by shares, registered in England and Wales, registration number 02121327. The registered office is Suite 1 Christchurch House, Sir Thomas Longley Road, Rochester, Kent, ME2 4FX.
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
15% reducing balance
Motor vehicles
25% reducing balance
Fixtures & fittings
20% reducing balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
4
Intangible fixed assets
Goodwill
Charge for the year
20,000
Stephens Fresh Foods Ltd
Notes to the Accounts
for the year ended 30 April 2024
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 May 2023
48,177
404,118
172,746
14,999
640,040
Additions
-
21,184
140,871
-
162,055
Disposals
-
-
(17,100)
-
(17,100)
At 30 April 2024
48,177
425,302
296,517
14,999
784,995
At 1 May 2023
48,177
380,300
102,481
14,024
544,982
Charge for the year
-
6,750
29,105
195
36,050
At 30 April 2024
48,177
387,050
131,586
14,219
581,032
At 30 April 2024
-
38,252
164,931
780
203,963
At 30 April 2023
-
23,818
70,265
975
95,058
Amounts falling due within one year
Trade debtors
728,723
822,550
Accrued income and prepayments
28,871
22,250
Other debtors
47,292
44,205
7
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
-
36,000
Trade creditors
525,103
546,523
Taxes and social security
109,530
106,941
8
Creditors: amounts falling due after more than one year
2024
2023
9
Average number of employees
During the year the average number of employees was 41 (2023: 41).