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REGISTERED NUMBER: 00945031 (England and Wales)










Unaudited Financial Statements

for the Year Ended 30 April 2024

for

Wakefield Wholesale Fruit Market Limited

Wakefield Wholesale Fruit Market Limited (Registered number: 00945031)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Wakefield Wholesale Fruit Market Limited

Company Information
for the Year Ended 30 April 2024







DIRECTORS: K N Hargreaves
J C Dudding





SECRETARY: M A B Hargreaves





REGISTERED OFFICE: Unit1 Wholesale Market
Jacobs Well Lane
Wakefield
WF1 3NX





REGISTERED NUMBER: 00945031 (England and Wales)





ACCOUNTANTS: Hope Agar
Chartered Accountants
24a Marsh Street
Rothwell
Leeds
LS26 0BB

Wakefield Wholesale Fruit Market Limited (Registered number: 00945031)

Balance Sheet
30 April 2024

30.4.24 30.4.23
Notes £    £    £    £   
FIXED ASSETS
Investment property 4 1,000,000 1,000,000

CURRENT ASSETS
Cash at bank 218,402 236,887
NET CURRENT ASSETS 218,402 236,887
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,218,402

1,236,887

CREDITORS
Amounts falling due after more than one
year

5

(35,791

)

(32,791

)

PROVISIONS FOR LIABILITIES (126,000 ) (126,000 )
NET ASSETS 1,056,611 1,078,096

CAPITAL AND RESERVES
Called up share capital 58,500 58,500
Fair value reserve 6 721,742 721,742
Retained earnings 276,369 297,854
SHAREHOLDERS' FUNDS 1,056,611 1,078,096

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

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

Wakefield Wholesale Fruit Market Limited (Registered number: 00945031)

Balance Sheet - continued
30 April 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 January 2025 and were signed on its behalf by:





K N Hargreaves - Director


Wakefield Wholesale Fruit Market Limited (Registered number: 00945031)

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

1. STATUTORY INFORMATION

Wakefield Wholesale Fruit Market 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.

2. ACCOUNTING POLICIES

Basis of preparing the financial statements
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. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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

Investment property
Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

3. EMPLOYEES AND DIRECTORS

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

4. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 May 2023
and 30 April 2024 1,000,000
NET BOOK VALUE
At 30 April 2024 1,000,000
At 30 April 2023 1,000,000

Included in fair value of investment property is freehold land of £ 1,000,000 (2023 - £ 1,000,000 ) which is not depreciated.

Fair value at 30 April 2024 is represented by:
£   
Valuation in 2018 854,742
Cost 145,258
1,000,000

If land had not been revalued was would have been included at the following historical cost:

30.4.24 30.4.23
£    £   
Cost 145,258 145,258

Investment property was valued on an open market basis on 30 April 2024 by the Directors .

Wakefield Wholesale Fruit Market Limited (Registered number: 00945031)

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

5. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
30.4.24 30.4.23
£    £   
Associated companies 35,791 32,791

6. RESERVES
Fair
value
reserve
£   
At 1 May 2023
and 30 April 2024 721,742

7. ULTIMATE CONTROLLING PARTY

The controlling party is Norman Hargreaves & Sons Ltd.

The ultimate controlling party is Mr K N Hargreaves and Mr M A B Hargreaves.