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REGISTERED NUMBER: 10247240 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 June 2024

for

Oriental Spanish Growers Limited

Oriental Spanish Growers Limited (Registered number: 10247240)






Contents of the Financial Statements
for the year ended 30 June 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Oriental Spanish Growers Limited

Company Information
for the year ended 30 June 2024







DIRECTORS: Mrs D Khambay
D Khambay





REGISTERED OFFICE: 6 Fifehead Close
Ashford
Middlesex
TW15 3SD





REGISTERED NUMBER: 10247240 (England and Wales)





ACCOUNTANTS: Business Ledger Limited
Chartered Certified Accountants
3 Waterside Drive
Langley
Berkshire
SL3 6EZ

Oriental Spanish Growers Limited (Registered number: 10247240)

Balance Sheet
30 June 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 731 975

CURRENT ASSETS
Stocks - 475
Debtors 5 244,551 243,769
Cash at bank and in hand 640 1,614
245,191 245,858
CREDITORS
Amounts falling due within one year 6 334,320 381,203
NET CURRENT LIABILITIES (89,129 ) (135,345 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

(88,398

)

(134,370

)

CREDITORS
Amounts falling due after more than one
year

7

24,592

28,403
NET LIABILITIES (112,990 ) (162,773 )

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings (113,090 ) (162,873 )
(112,990 ) (162,773 )

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

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

Oriental Spanish Growers Limited (Registered number: 10247240)

Balance Sheet - continued
30 June 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 Board of Directors and authorised for issue on 28 March 2025 and were signed on its behalf by:





D Khambay - Director


Oriental Spanish Growers Limited (Registered number: 10247240)

Notes to the Financial Statements
for the year ended 30 June 2024

1. STATUTORY INFORMATION

Oriental Spanish 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.

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

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 25% on reducing balance

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Oriental Spanish Growers Limited (Registered number: 10247240)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 July 2023
and 30 June 2024 2,727
DEPRECIATION
At 1 July 2023 1,752
Charge for year 244
At 30 June 2024 1,996
NET BOOK VALUE
At 30 June 2024 731
At 30 June 2023 975

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 172,463 172,463
Other debtors 72,088 71,306
244,551 243,769

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 3,797 3,797
Trade creditors 6,900 58,277
Other creditors 323,623 319,129
334,320 381,203

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 24,592 28,403

Amounts falling due in more than five years:

Repayable by instalments
Bank loans more 5 yr by instal 9,364 13,175

8. RELATED PARTY DISCLOSURES

At year end the company owes the director £252,032 (2023 - £247,738). The loan is interest free and does not have a fixed date for repayment.

Oriental Spanish Growers Limited (Registered number: 10247240)

Notes to the Financial Statements - continued
for the year ended 30 June 2024

9. GOING CONCERN

At the year end, company has net liabilities. The company continues to trade with the support of the loans from directors. The directors believe that Going Concern basis is appropriate.