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REGISTERED NUMBER: 05109583 (England and Wales)














Unaudited Financial Statements

for the Year Ended 30 June 2024

for

Crowland Fresh Produce Limited

Crowland Fresh Produce Limited (Registered number: 05109583)

Contents of the Financial Statements
for the Year Ended 30 June 2024










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3 to 4

Notes to the financial statements 5 to 7


Crowland Fresh Produce Limited

Company Information
for the Year Ended 30 June 2024







Directors: J Woodroffe
Mrs L J Woodroffe





Secretary: Mrs L J Woodroffe





Registered office: Hundreds Farm
Hundred Road
Crowland
Peterborough
PE6 0LG





Registered number: 05109583 (England and Wales)





Accountants: Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
Crowland Fresh Produce 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 Income statement 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 Crowland Fresh Produce Limited for the year ended 30 June 2024 which comprise the Statement of income and retained earnings, 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Crowland Fresh Produce Limited, as a body, in accordance with the terms of our engagement letter dated 22 June 2022. Our work has been undertaken solely to prepare for your approval the financial statements of Crowland Fresh Produce Limited and state those matters that we have agreed to state to the Board of Directors of Crowland Fresh Produce Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Crowland Fresh Produce Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Crowland Fresh Produce 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 Crowland Fresh Produce Limited. You consider that Crowland Fresh Produce 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 Crowland Fresh Produce 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.






Moore Thompson
Bank House
Broad Street
Spalding
Lincolnshire
PE11 1TB


23 August 2024

Crowland Fresh Produce Limited (Registered number: 05109583)

Statement of Financial Position
30 June 2024

2024 2023
Notes £    £    £    £   
Fixed assets
Tangible assets 5 39,941 38,979

Current assets
Stocks 27,517 27,365
Debtors 6 2,106,946 874,181
Cash at bank 599,194 672,116
2,733,657 1,573,662
Creditors
Amounts falling due within one year 7 1,907,191 839,119
Net current assets 826,466 734,543
Total assets less current liabilities 866,407 773,522

Provisions for liabilities 4,976 6,806
Net assets 861,431 766,716

Capital and reserves
Called up share capital 8 150 150
Capital redemption reserve 100 100
Retained earnings 861,181 766,466
Shareholders' funds 861,431 766,716

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 June 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 June 2024 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.

Crowland Fresh Produce Limited (Registered number: 05109583)

Statement of Financial Position - continued
30 June 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 Statement of income and retained earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22 August 2024 and were signed on its behalf by:




J Woodroffe - Director



Mrs L J Woodroffe - Director


Crowland Fresh Produce Limited (Registered number: 05109583)

Notes to the Financial Statements
for the Year Ended 30 June 2024


1. Statutory information

Crowland Fresh Produce 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.

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

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

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

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Crowland Fresh Produce Limited (Registered number: 05109583)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 4 (2023 - 4 ) .

5. Tangible fixed assets
Fixtures
Plant and and Motor
machinery fittings vehicles Totals
£    £    £    £   
Cost
At 1 July 2023 4,797 10,035 82,679 97,511
Additions - 1,790 16,550 18,340
Disposals - - (22,835 ) (22,835 )
At 30 June 2024 4,797 11,825 76,394 93,016
Depreciation
At 1 July 2023 4,754 8,825 44,953 58,532
Charge for year 11 750 12,553 13,314
Eliminated on disposal - - (18,771 ) (18,771 )
At 30 June 2024 4,765 9,575 38,735 53,075
Net book value
At 30 June 2024 32 2,250 37,659 39,941
At 30 June 2023 43 1,210 37,726 38,979

6. Debtors: amounts falling due within one year
2024 2023
£    £   
Trade debtors 2,092,834 855,607
VAT 3,231 7,496
Called up share capital not paid 150 150
Prepayments and accrued income 10,731 10,928
2,106,946 874,181

7. Creditors: amounts falling due within one year
2024 2023
£    £   
Trade creditors 1,806,735 762,520
Corporation tax 83,512 49,604
Social security and other taxes 1,719 2,178
Other creditors 1,245 314
Accruals and deferred income 13,980 24,503
1,907,191 839,119

Crowland Fresh Produce Limited (Registered number: 05109583)

Notes to the Financial Statements - continued
for the Year Ended 30 June 2024


8. Called up share capital

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
150 Ordinary £1 150 150