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Company registration number:11942192
MEET FRESH UK LTD
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 June 2024
MEET FRESH UK LTD
BALANCE SHEET
AS AT 30 June 2024
2024 2023
Notes £ £ £ £
FIXED ASSETS
Intangible assets347,9799,310
Tangible assets4314,450147,576
362,429156,886
CURRENT ASSETS
Stocks23,40010,500
Debtors51,071,5531,286,367
Cash at bank and in hand395,308311,042
1,490,2611,607,909
CREDITORS
Amounts falling due within one year 6 (533,540) (569,869)
NET CURRENT ASSETS 956,721 1,038,040
TOTAL ASSETS LESS
CURRENT LIABILITIES 1,319,150 1,194,926
Creditors falling due after one year7(9,167)(19,167)
PROVISIONS FOR LIABILITIES(24,174)(13,988)
NET ASSETS 1,285,809 1,161,771
CAPITAL AND RESERVES
Called-up equity share capital 8 100 100
Profit and loss account 1,285,709 1,161,671
SHAREHOLDERS FUNDS 1,285,809 1,161,771
For the year ending 30 June 2024 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 director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of the accounts.
These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006. Approved by the board of directors on 24 January 2025 and signed on its behalf.
The profit and loss account has not been delivered to the Registrar of Companies in accordance with the special provisions applicable to companies subject to the small companies' regime.
..........................................................................
Mr Hengzhui Liu
24 January 2025
The annexed notes form part of these financial statements.

MEET FRESH UK LTD
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 JUNE 2024
Share Share P and L Revaluation Other Total
Capital Premium Account reserve reserves equity
£ £ £ £ £ £
Balance at 1 July 20221000705,08800705,188
Changes in equity
Dividend00(50,000)00(50,000)
Total Comprehensive Income00506,58300506,583
Balance at 30 June 202310001,161,671001,161,771
Changes in equity
Total comprehensive income00124,03800124,038
Balance at 30 June 202410001,285,709001,285,809

MEET FRESH UK LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 JUNE 2024
1. Accounting policies
Statutory information
The company is registered in England and its registered number is 11942192. The company is a private company limited by shares. Its registered office is 100-102 Shaftesbury Avenue, London, W1D 5EF.
Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention in accordance with the accounting policies set out below. These financial statements have been prepared in accordance with FRS102 Section 1A - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.
Turnover
Turnover represents sales of goods net of VAT and trade discounts. Turnover is recognised when the goods are physically delivered to the customer.
Intangible Assets
Separately acquired trademarks and licences are shown at historical cost. Trademarks, licences and customer-related intangible assets have a finite useful life and are carried at cost less accumulated amortisation. Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows: Franchise 20% Straight line method
Foreign Currency
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.
Fixed Assets
Tangible fixed assets are stated at cost less depreciation Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Fixtures and Fittings 20% reducing balance basis
Land and buildings 20% straight line method
Stocks and Work In Progress
Stock is valued at the lower of cost and net realisable value. Cost is determined on a first in first out basis. Net realisable value represents estimated selling price less costs to complete and sell. Provision is made for slow moving, obsolete or damaged stock where the net realisable value is less than cost.
Deferred Taxation
Deferred tax is provided on the liability method take account of timing differences between the treatment of certain items for accounts purposes and their treatment for tax purposes. Tax deferred or accelerated is accounted for in respect of all material timing differences.
Pension Scheme
The company operates a defined contribution pension scheme, Smart pension scheme, and the pension charge represents the amounts payable by the company to the fund in respect of the year.
2.Employees
The average number of persons employed by the company (including directors) during the year was 20.
3.Intangible fixed assets
Patents Total
Cost
At start of period 46,554 46,554
Additions 59,974 59,974
At end of period 106,528 106,528
Amortisation
At start of period 37,244 37,244
Provided during the period 21,305 21,305
At end of period 58,549 58,549
Net Book Values
At start of period 9,310 9,310
At end of period 47,979 47,979
4.Tangible fixed assets
Short Lease F and F Total
Cost
At start of period 18,017 262,043 280,060
Additions 0 249,089 249,089
At end of period 18,017 511,132 529,149
Depreciation
At start of period 14,412 118,072 132,484
Provided during the period 3,605 78,610 82,215
At end of period 18,017 196,682 214,699
Net Book Value
At start of period 3,605 143,971 147,576
At end of period 0 314,450 314,450
The Land and Buildings comprised of Short Leasehold.
5.Debtors
20242023
££
Due within one year
Trade Debtors012,314
Other Debtors1,015,3701,195,266
Prepayments and accrued income23,09045,442
Corporation tax recoverable assets33,09333,345
1,071,5531,286,367
Included in Other debtors is £100,000 (2023: £102,600) loan to the director Taxation £32,500 (2023: £33,345) corporation tax recoverable on the loan to the director.
6.Creditors due within one year
20242023
££
Trade creditors120,23981,666
Bank Loans and Overdrafts10,00010,000
Corporation Tax42,350128,337
Other taxes and social security costs69,43874,186
Other creditors272,994264,317
Accruals and deferred income18,51911,363
533,540 569,869
7.Creditors due after one year
20242023
££
Bank Loans9,16719,167
9,167 19,167
8. Share capital Alloted, Issued and fully paid
2024 2023
£ £
Ordinary shares of £1 each100100
Total issued share capital100100