1 January 2023 false No description of principal activity Taxfiler 2024.6.1 SC537057business:PrivateLimitedCompanyLtd2023-01-012023-12-31 SC5370572022-12-31 SC5370572023-01-012023-12-31 SC537057business:AuditExemptWithAccountantsReport2023-01-012023-12-31 SC537057business:FilletedAccounts2023-01-012023-12-31 SC5370572023-12-31 SC537057business:Director12023-01-012023-12-31 SC537057business:RegisteredOffice2023-01-012023-12-31 SC5370572022-12-31 SC537057core:WithinOneYear2023-12-31 SC537057core:WithinOneYear2022-12-31 SC537057core:AfterOneYear2023-12-31 SC537057core:AfterOneYear2022-12-31 SC537057core:ShareCapitalcore:PreviouslyStatedAmount2023-12-31 SC537057core:ShareCapitalcore:PreviouslyStatedAmount2022-12-31 SC537057core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2023-12-31 SC537057core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2022-12-31 SC537057core:PreviouslyStatedAmount2023-12-31 SC537057core:PreviouslyStatedAmount2022-12-31 SC537057business:SmallEntities2023-01-012023-12-31 SC537057countries:Scotland2023-01-012023-12-31 SC537057core:PlantMachinery2023-01-012023-12-31 SC537057core:PlantMachinery2022-12-31 SC537057core:PlantMachinery2023-12-31 SC5370572022-01-012022-12-31 iso4217:GBP xbrli:pure
Company Registration No. SC537057 (Scotland)
Garden Fresh Exotics Ltd Unaudited accounts for the year ended 31 December 2023
Garden Fresh Exotics Ltd Unaudited accounts Contents
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Garden Fresh Exotics Ltd Company Information for the year ended 31 December 2023
Director
Mr Armaan Hussain
Company Number
SC537057 (Scotland)
Registered Office
28 Park Road GLASGOW G4 9JG SCOTLAND
Accountants
Scottish Tax Bureau 94 Hope Street Glasgow G2 6PH
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Garden Fresh Exotics Ltd Statement of financial position as at 31 December 2023
2023 
2022 
Notes
£ 
£ 
Fixed assets
Tangible assets
26,635 
35,513 
Current assets
Inventories
30,000 
32,500 
Debtors
100,059 
97,396 
130,059 
129,896 
Creditors: amounts falling due within one year
(122,102)
(112,883)
Net current assets
7,957 
17,013 
Total assets less current liabilities
34,592 
52,526 
Creditors: amounts falling due after more than one year
(20,618)
(43,892)
Net assets
13,974 
8,634 
Capital and reserves
Called up share capital
3 
3 
Profit and loss account
13,971 
8,631 
Shareholders' funds
13,974 
8,634 
For the year ending 31 December 2023 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 31 January 2025 and were signed on its behalf by
Mr Armaan Hussain Director Company Registration No. SC537057
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Garden Fresh Exotics Ltd Notes to the Accounts for the year ended 31 December 2023
1
Statutory information
Garden Fresh Exotics Ltd is a private company, limited by shares, registered in Scotland, registration number SC537057. The registered office is 28 Park Road, GLASGOW, G4 9JG, SCOTLAND.
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.
3
Accounting policies
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.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
Presentation currency
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:
Plant & machinery
25% reduced balance
4
Tangible fixed assets
Plant & machinery 
£ 
Cost or valuation
At cost 
At 1 January 2023
63,603 
At 31 December 2023
63,603 
Depreciation
At 1 January 2023
28,090 
Charge for the year
8,878 
At 31 December 2023
36,968 
Net book value
At 31 December 2023
26,635 
At 31 December 2022
35,513 
5
Debtors
2023 
2022 
£ 
£ 
Amounts falling due within one year
VAT
15,855 
6,951 
Trade debtors
84,204 
90,445 
100,059 
97,396 
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Garden Fresh Exotics Ltd Notes to the Accounts for the year ended 31 December 2023
6
Creditors: amounts falling due within one year
2023 
2022 
£ 
£ 
Bank loans and overdrafts
27,901 
28,990 
Trade creditors
66,826 
75,500 
Taxes and social security
27,375 
8,393 
122,102 
112,883 
7
Creditors: amounts falling due after more than one year
2023 
2022 
£ 
£ 
Bank loans
20,618 
43,892 
8
Average number of employees
During the year the average number of employees was 0 (2022: 0).
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