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REGISTERED NUMBER: 09452187 (England and Wales)





















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2024

FOR

INVICTA PRODUCE LIMITED

INVICTA PRODUCE LIMITED (REGISTERED NUMBER: 09452187)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


INVICTA PRODUCE LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31ST MARCH 2024







DIRECTOR: C Williams





REGISTERED OFFICE: Invicta Way
Manston Park
Ramsgate
Kent
CT12 5FD





REGISTERED NUMBER: 09452187 (England and Wales)





ACCOUNTANTS: McCabe Ford Williams
Chartered Accountants
2 The Links
HERNE BAY
Kent
CT6 7GQ

INVICTA PRODUCE LIMITED (REGISTERED NUMBER: 09452187)

BALANCE SHEET
31ST MARCH 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 5 6,852 24,993

CURRENT ASSETS
Debtors 6 232,931 222,161
Cash at bank 6,808 25,679
239,739 247,840
CREDITORS
Amounts falling due within one year 7 48,035 120,342
NET CURRENT ASSETS 191,704 127,498
TOTAL ASSETS LESS CURRENT
LIABILITIES

198,556

152,491

CREDITORS
Amounts falling due after more than one
year

8

27,215

33,785
NET ASSETS 171,341 118,706

CAPITAL AND RESERVES
Called up share capital 9 2 2
Retained earnings 171,339 118,704
SHAREHOLDERS' FUNDS 171,341 118,706

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 14th October 2024 and were signed by:





C Williams - Director


INVICTA PRODUCE LIMITED (REGISTERED NUMBER: 09452187)

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

1. STATUTORY INFORMATION

Invicta 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.

Related party exemption
The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 25% on reducing balance
Motor vehicles - 25% on reducing balance

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

INVICTA PRODUCE LIMITED (REGISTERED NUMBER: 09452187)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31ST MARCH 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 1 (2023 - 8 ) .

5. TANGIBLE FIXED ASSETS
Plant and Motor
machinery vehicles Totals
£    £    £   
COST
At 1st April 2023 71,694 38,500 110,194
Disposals (71,694 ) - (71,694 )
At 31st March 2024 - 38,500 38,500
DEPRECIATION
At 1st April 2023 55,837 29,364 85,201
Charge for year - 2,284 2,284
Eliminated on disposal (55,837 ) - (55,837 )
At 31st March 2024 - 31,648 31,648
NET BOOK VALUE
At 31st March 2024 - 6,852 6,852
At 31st March 2023 15,857 9,136 24,993

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1st April 2023 34,732
Disposals (34,732 )
At 31st March 2024 -
DEPRECIATION
At 1st April 2023 28,550
Eliminated on disposal (28,550 )
At 31st March 2024 -
NET BOOK VALUE
At 31st March 2024 -
At 31st March 2023 6,182

6. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 57,960 36,345
Amounts owed by participating interests - 9,000
Other debtors 2,786 2,163
60,746 47,508

INVICTA PRODUCE LIMITED (REGISTERED NUMBER: 09452187)

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

6. DEBTORS - continued
2024 2023
£    £   
Amounts falling due after more than one year:
Amounts owed by participating interests 172,185 174,653

Aggregate amounts 232,931 222,161

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 4,819 4,530
Hire purchase contracts - 6,833
Trade creditors 39,541 72,840
Other creditors 3,675 36,139
48,035 120,342

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans 27,215 33,785

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 6,134 13,233

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
2 Ordinary £1 2 2

10. DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

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

2024 2023
£    £   
C Williams
Balance outstanding at start of year (2,464 ) 15,203
Amounts advanced 9,716 7,779
Amounts repaid (5,736 ) (25,446 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 1,516 (2,464 )