Company Registration No. SC375208 (Scotland)
Tay Valley Fruits Limited
Unaudited accounts
for the year ended 31 January 2024
Tay Valley Fruits Limited
Unaudited accounts
Contents
Tay Valley Fruits Limited
Company Information
for the year ended 31 January 2024
Company Number
SC375208 (Scotland)
Registered Office
Scones
Lethendy
Perth
PH2 6AB
Accountants
Fraser + Accountants
3 Barossa Place
Perth
Perthshire
PH1 5HG
Tay Valley Fruits Limited
Statement of financial position
as at 31 January 2024
Tangible assets
116,443
81,643
Cash at bank and in hand
1,506
31,442
Creditors: amounts falling due within one year
(98,870)
(119,757)
Net current liabilities
(91,485)
(80,345)
Called up share capital
1
1
Profit and loss account
24,957
1,297
Shareholders' funds
24,958
1,298
For the year ending 31 January 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 director acknowledges his 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 and authorised for issue on 30 October 2024 and were signed on its behalf by
David Leslie
Director
Company Registration No. SC375208
Tay Valley Fruits Limited
Notes to the Accounts
for the year ended 31 January 2024
Tay Valley Fruits Limited is a private company, limited by shares, registered in Scotland, registration number SC375208. The registered office is Scones, Lethendy , Perth , PH2 6AB.
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:
Land & buildings
10% straight line
Plant & machinery
20% straight line
4
Tangible fixed assets
Land & buildings
Plant & machinery
Total
Cost or valuation
At cost
At cost
At 1 February 2023
75,812
46,090
121,902
At 31 January 2024
75,812
102,109
177,921
At 1 February 2023
14,778
25,481
40,259
Charge for the year
7,581
13,638
21,219
At 31 January 2024
22,359
39,119
61,478
At 31 January 2024
53,453
62,990
116,443
At 31 January 2023
61,034
20,609
81,643
Tay Valley Fruits Limited
Notes to the Accounts
for the year ended 31 January 2024
Amounts falling due within one year
Accrued income and prepayments
1,914
1,914
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
48,506
-
Obligations under finance leases and hire purchase contracts
11,498
-
Amounts owed to group undertakings and other participating interests
31,596
-
Taxes and social security
3,579
2,381
Other creditors
4,236
80,255
Loans from directors
1,842
(8,584)
7
Average number of employees
During the year the average number of employees was 8 (2023: 8).