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REGISTERED NUMBER: 09820822 (England and Wales)















United Fruit Growers Limited

Unaudited Financial Statements for the Year Ended 31 October 2024






United Fruit Growers Limited (Registered number: 09820822)






Contents of the Financial Statements
for the Year Ended 31 October 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


United Fruit Growers Limited

Company Information
for the Year Ended 31 October 2024







DIRECTOR: J C King





REGISTERED OFFICE: 3 - 5 London Road
Rainham
Gillingham
Kent
ME8 7RG





BUSINESS ADDRESS: Vinters Business Park
New Cut Road
Maidstone
Kent
ME14 5NZ





REGISTERED NUMBER: 09820822 (England and Wales)





ACCOUNTANTS: Aggarwal & Co Limited
Chartered Accountants
5 London Road
Rainham
Gillingham
Kent
ME8 7RG

United Fruit Growers Limited (Registered number: 09820822)

Statement of Financial Position
31 October 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 14,929 5,993

CURRENT ASSETS
Debtors 5 2,129,148 1,229,365
Cash at bank and in hand 2,507,436 1,440,097
4,636,584 2,669,462
CREDITORS
Amounts falling due within one year 6 3,809,897 1,955,068
NET CURRENT ASSETS 826,687 714,394
TOTAL ASSETS LESS CURRENT LIABILITIES 841,616 720,387

PROVISIONS FOR LIABILITIES 3,732 1,138
NET ASSETS 837,884 719,249

CAPITAL AND RESERVES
Called up share capital 300 302
Capital redemption reserve 3 1
Retained earnings 837,581 718,946
SHAREHOLDERS' FUNDS 837,884 719,249

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 October 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

United Fruit Growers Limited (Registered number: 09820822)

Statement of Financial Position - continued
31 October 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 12 February 2025 and were signed by:





J C King - Director


United Fruit Growers Limited (Registered number: 09820822)

Notes to the Financial Statements
for the Year Ended 31 October 2024

1. STATUTORY INFORMATION

United Fruit Growers 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.

Income recognition
Income represents the fair value of consideration received or receivable derived from the provision of goods and services to customers during the year (excluding value added tax) and is recognised when the company becomes entitled to it, usually on the rendering of an invoice.

Income is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.
Fixtures and fittings - 20% on cost
Office equipment - 33% on cost

Financial instruments
The Company enters into basic financial instruments that result in the recognition of financial assets and liabilities like trade and other accounts receivable and payable, loans from banks and other third parties and loans to related parties.

Basic financial instruments are recognised at amortised cost, with changes recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the statement of financial position date.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the statement of financial position date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

United Fruit Growers Limited (Registered number: 09820822)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

2. ACCOUNTING POLICIES - continued

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2023 - 10 ).

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 November 2023 26,644
Additions 14,094
Disposals (7,851 )
At 31 October 2024 32,887
DEPRECIATION
At 1 November 2023 20,651
Charge for year 3,669
Eliminated on disposal (6,362 )
At 31 October 2024 17,958
NET BOOK VALUE
At 31 October 2024 14,929
At 31 October 2023 5,993

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 1,854,843 941,029
Other debtors 274,305 288,336
2,129,148 1,229,365

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 3,415,031 1,767,610
Taxation and social security 44,395 20,220
Other creditors 350,471 167,238
3,809,897 1,955,068

United Fruit Growers Limited (Registered number: 09820822)

Notes to the Financial Statements - continued
for the Year Ended 31 October 2024

7. LEASING AGREEMENTS
The company had total commitments under non-cancellable operating leases at the balance sheet date of £19,044 (2023 £109,253)