ISLAND SALADS LTD

Company Registration Number:
NI051821 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

ISLAND SALADS LTD

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

ISLAND SALADS LTD

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Intangible assets: 3 43,200 64,800
Tangible assets: 4 1,121,171 1,090,162
Total fixed assets: 1,164,371 1,154,962
Current assets
Stocks: 95,944 94,706
Debtors:   2,269,873 2,461,918
Cash at bank and in hand: 181,435 69,749
Total current assets: 2,547,252 2,626,373
Creditors: amounts falling due within one year:   (917,405) (741,187)
Net current assets (liabilities): 1,629,847 1,885,186
Total assets less current liabilities: 2,794,218 3,040,148
Total net assets (liabilities): 2,794,218 3,040,148
Capital and reserves
Called up share capital: 2 2
Profit and loss account: 2,794,216 3,040,146
Shareholders funds: 2,794,218 3,040,148

The notes form part of these financial statements

ISLAND SALADS LTD

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 04 June 2024
and signed on behalf of the board by:

Name: Conor Maguire
Status: Director

The notes form part of these financial statements

ISLAND SALADS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

ISLAND SALADS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 38 42

ISLAND SALADS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Intangible Assets

Total
Cost £
At 01 January 2023 216,000
At 31 December 2023 216,000
Amortisation
At 01 January 2023 151,200
Charge for year 21,600
At 31 December 2023 172,800
Net book value
At 31 December 2023 43,200
At 31 December 2022 64,800

ISLAND SALADS LTD

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Tangible Assets

Total
Cost £
At 01 January 2023 2,032,140
Additions 202,548
At 31 December 2023 2,234,688
Depreciation
At 01 January 2023 941,978
Charge for year 171,539
At 31 December 2023 1,113,517
Net book value
At 31 December 2023 1,121,171
At 31 December 2022 1,090,162