Caseware UK (AP4) 2023.0.135 2023.0.135 2024-04-302024-04-302023-05-01falseNo description of principal activity22falsetrueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09547208 2023-05-01 2024-04-30 09547208 2022-05-01 2023-04-30 09547208 2024-04-30 09547208 2023-04-30 09547208 c:Director1 2023-05-01 2024-04-30 09547208 c:Director2 2023-05-01 2024-04-30 09547208 c:RegisteredOffice 2023-05-01 2024-04-30 09547208 d:FurnitureFittings 2023-05-01 2024-04-30 09547208 d:FurnitureFittings 2024-04-30 09547208 d:FurnitureFittings 2023-04-30 09547208 d:FurnitureFittings d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09547208 d:ComputerEquipment 2023-05-01 2024-04-30 09547208 d:ComputerEquipment 2024-04-30 09547208 d:ComputerEquipment 2023-04-30 09547208 d:ComputerEquipment d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09547208 d:OwnedOrFreeholdAssets 2023-05-01 2024-04-30 09547208 d:CurrentFinancialInstruments 2024-04-30 09547208 d:CurrentFinancialInstruments 2023-04-30 09547208 d:Non-currentFinancialInstruments 2024-04-30 09547208 d:Non-currentFinancialInstruments 2023-04-30 09547208 d:CurrentFinancialInstruments d:WithinOneYear 2024-04-30 09547208 d:CurrentFinancialInstruments d:WithinOneYear 2023-04-30 09547208 d:Non-currentFinancialInstruments d:AfterOneYear 2024-04-30 09547208 d:Non-currentFinancialInstruments d:AfterOneYear 2023-04-30 09547208 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-04-30 09547208 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2023-04-30 09547208 d:ShareCapital 2024-04-30 09547208 d:ShareCapital 2023-04-30 09547208 d:RetainedEarningsAccumulatedLosses 2024-04-30 09547208 d:RetainedEarningsAccumulatedLosses 2023-04-30 09547208 c:FRS102 2023-05-01 2024-04-30 09547208 c:AuditExempt-NoAccountantsReport 2023-05-01 2024-04-30 09547208 c:FullAccounts 2023-05-01 2024-04-30 09547208 c:PrivateLimitedCompanyLtd 2023-05-01 2024-04-30 09547208 e:PoundSterling 2023-05-01 2024-04-30 iso4217:GBP xbrli:pure
Company registration number: 09547208







UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED
30 APRIL 2024


FRESH LIMITS LIMITED






































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FRESH LIMITS LIMITED
 


 
COMPANY INFORMATION


Directors
J A Hyde 
P Smith 




Registered number
09547208



Registered office
Beacons Court
Ledborough Gate

Beaconsfield

Bucks

HP9 2DQ




Accountants
Menzies LLP
Chartered Accountants

Magna House

18-32 London Road

Staines-Upon-Thames

TW18 4BP





 


FRESH LIMITS LIMITED
 



CONTENTS



Page
Statement of Financial Position
1 - 2
Notes to the Financial Statements
3 - 6


 


FRESH LIMITS LIMITED
REGISTERED NUMBER:09547208



STATEMENT OF FINANCIAL POSITION
AS AT 30 APRIL 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
18,697
23,915

  
18,697
23,915

Current assets
  

Debtors: amounts falling due within one year
 5 
664
25,248

Cash at bank and in hand
  
59,351
47,815

  
60,015
73,063

Creditors: amounts falling due within one year
 6 
(11,943)
(12,013)

Net current assets
  
 
 
48,072
 
 
61,050

Total assets less current liabilities
  
66,769
84,965

Creditors: amounts falling due after more than one year
 7 
(7,583)
(14,583)

  

Net assets
  
59,186
70,382


Capital and reserves
  

Called up share capital 
  
100
100

Profit and loss account
  
59,086
70,282

  
59,186
70,382


Page 1

 


FRESH LIMITS LIMITED
REGISTERED NUMBER:09547208


    
STATEMENT OF FINANCIAL POSITION (CONTINUED)
AS AT 30 APRIL 2024

The directors consider that the company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




J A Hyde
Director
Date: 13 November 2024

The notes on pages 3 to 6 form part of these financial statements.

Page 2

 


FRESH LIMITS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1.


General information

Fresh Limits Limited is a private company limited by shares and incorporated in England and Wales. The address of the registered office and principal place of business is given in the company information page of these financial statements.  
The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

 
2.2

Turnover

Turnover is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Turnover is generated through business mentoring and coaching and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. 

 
2.3

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.4

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.5

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 3

 


FRESH LIMITS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

2.Accounting policies (continued)


2.5
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, reducing balance method and straight line method.

Depreciation is provided on the following basis:

Fixtures and fittings
-
20%
Reducing balance
Computer equipment
-
25%
Straight line

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.6

Financial instruments

The company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Basic financial assets

Basic financial assets, which include trade and other receivables, cash and bank balances, are initially measured at their transaction price including transaction costs and are subsequently carried at their amortised cost using the effective interest method, less any provision for impairment, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest.

Discounting is omitted where the effect of discounting is immaterial. The company's cash and cash equivalents, trade and most other receivables due with the operating cycle fall into this category of financial instruments.


3.


Employees

The average monthly number of employees, including directors, during the year was 2 (2023 - 2).

Page 4

 


FRESH LIMITS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

4.


Tangible fixed assets





Fixtures and fittings
Computer equipment
Total

£
£
£



Cost or valuation


At 1 May 2023
38,079
3,754
41,833



At 30 April 2024

38,079
3,754
41,833



Depreciation


At 1 May 2023
16,679
1,239
17,918


Charge for the year on owned assets
4,280
938
5,218



At 30 April 2024

20,959
2,177
23,136



Net book value



At 30 April 2024
17,120
1,577
18,697



At 30 April 2023
21,400
2,515
23,915


5.


Debtors

2024
2023
£
£


Other debtors
664
25,248

664
25,248



6.


Creditors: Amounts falling due within one year

2024
2023
£
£

Bank loans
7,000
7,000

Corporation tax
930
1,988

Other creditors
994
-

Accruals and deferred income
3,019
3,025

11,943
12,013


The bank loans included within creditors falling due within one year are secured by way of government guarantee under the Bounce Back Loan Scheme.

Page 5

 


FRESH LIMITS LIMITED
 


 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

7.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
7,583
14,583

7,583
14,583


The bank loans included within creditors falling due after more than one year are secured by way of government guarantee under the Bounce Back Loan Scheme.


8.


Loans


Analysis of the maturity of loans is given below:


2024
2023
£
£

Amounts falling due within one year

Bank loans
7,000
7,000


7,000
7,000


Amounts falling due 2-5 years

Bank loans
7,583
14,583


7,583
14,583


14,583
21,583



9.


Transactions with directors

The following advances and credits to directors subsisted during the years ended 30 April 2024 and 30 April 2023.

2024
2023
£
£
J A Hyde
Balance outstanding at start of year

24,924

31,275
 
Amounts advanced

102,565

103,173
 
Amounts repaid

(128,483)

(109,524)
 
(994)

24,924
 

 
Page 6