08110232falsethat of the sale, preparation and distribution of fruit, veg and other associated foods2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2023-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2023-06-30http://www.companieshouse.gov.uk/cd:Director12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2023-06-30http://www.companieshouse.gov.uk/pt:PlantMachinery2024-06-30http://www.companieshouse.gov.uk/pt:ShareCapital2024-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2023-06-30http://www.companieshouse.gov.uk/pt:CommercialMotorVehicles2024-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2023-06-30http://www.companieshouse.gov.uk/pt:FurnitureFittings2024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass12023-07-012024-06-30http://www.companieshouse.gov.uk/pt:ToolsEquipment2024-06-30http://www.companieshouse.gov.uk/cd:RegisteredOffice2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass22023-07-012024-06-30http://www.companieshouse.gov.uk/cd:OrdinaryShareClass32023-07-012024-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2024-06-30http://www.companieshouse.gov.uk/cd:AuditExemptWithAccountantsReport2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2024-06-30http://www.companieshouse.gov.uk/pt:NetGoodwill2023-07-012024-06-30http://www.companieshouse.gov.uk/pt:CurrentFinancialInstruments2023-06-30http://www.companieshouse.gov.uk/2023-07-012024-06-30http://www.companieshouse.gov.uk/2023-06-30http://www.companieshouse.gov.uk/cd:FRS1022023-07-012024-06-30http://www.companieshouse.gov.uk/2024-06-30http://www.companieshouse.gov.uk/cd:FullAccounts2023-07-012024-06-30http://www.companieshouse.gov.uk/cd:PrivateLimitedCompanyLtd2023-07-012024-06-30iso4217:GBPxbrli:sharesxbrli:pure
Registered number: 08110232

Set Produce Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024

Prepared By:
Montague Kaye
Accountants & Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU

Set Produce Limited

ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
DIRECTORS
Mr I Cheetham
REGISTERED OFFICE
82 Reddish Road
Reddish
Cheadle
Stockport
SK5 7QU
COMPANY DETAILS
Private company limited by shares registered in EW - England and Wales, registered number 08110232
ACCOUNTANTS
Montague Kaye
Accountants & Registered Auditors
82 Reddish Road
Reddish
Stockport
Cheshire
SK5 7QU

Set Produce Limited

ACCOUNTS
FOR THEYEARENDED30/06/2024
CONTENTS
Page
Directors' Report-
Statement Of Comprehensive Income-
Balance Sheet3
Notes To The Accounts4
The following do not form part of the statutory financial statements:
Trading And Profit And Loss Account-
Profit And Loss Account Summaries-

Set Produce Limited

BALANCE SHEET AT 30/06/2024
20242023
Notes££
FIXED ASSETS
Tangible assets4222,308192,668
CURRENT ASSETS
Stock16,00015,000
Debtors6690,141793,893
Cash at bank and in hand170,089122,711
876,230931,604
CREDITORS: Amounts falling due within one year7598,862727,455
NET CURRENT ASSETS277,368204,149
TOTAL ASSETS LESS CURRENT LIABILITIES499,676396,817
CREDITORS: Amounts falling due after more than one year8130,057100,194
NET ASSETS369,619296,623
CAPITAL AND RESERVES
Called up share capital9100100
Profit and loss account369,519296,523
SHAREHOLDERS' FUNDS369,619296,623
For the year ending 30/06/2024 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 directors acknowledge their 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.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 28/03/2025 and signed on their behalf by
.............................
Mr I Cheetham
Director

Set Produce Limited

NOTES TO THE ACCOUNTS
FOR THE YEAR ENDED 30/06/2024
1. ACCOUNTING POLICIES
1a. Basis Of Accounting
The accounts have been prepared under the historical cost convention.
The accounts 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 .
1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Short Leasehold Propertiesreducing balance 20%
Plant and Machineryreducing balance 15%
Commercial Vehiclesreducing balance 25%
Fixtures and Fittingsreducing balance 20%
Equipmentreducing balance 33%
1c. Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.
When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.
1d. Pension Costs
The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.
1e. Goodwill
Goodwill arising in connection with the acquisition of businesses is capitalised and amortised over its estimated economic life to a maximum of 20 years. Goodwill is reviewed annually for impairment if events or changes in circumstances indicate that the carrying value may not be recoverable.

Set Produce Limited

2. EMPLOYEES
20242023
No.No.
Average number of employees1716
3. INTANGIBLE FIXED ASSETS
Purchased
GoodwillTotal
££
Cost
At 01/07/2023150,000150,000
At 30/06/2024150,000150,000
Depreciation
At 01/07/2023150,000150,000
At 30/06/2024150,000150,000
Net Book Amounts
At 30/06/2024--
4. TANGIBLE FIXED ASSETS
Short LeaseholdPlant andCommercialFixtures
PropertiesMachineryVehiclesand FittingsEquipmentTotal
££££££
Cost
At 01/07/202346,288108,300260,99463,25974,495553,336
Additions-1,049113,0016,0328,363128,445
Disposals--(89,500)--(89,500)
At 30/06/202446,288109,349284,49569,29182,858592,281
Depreciation
At 01/07/202339,72688,560125,56140,36066,461360,668
Disposals--(61,407)--(61,407)
For the year1,3123,11855,0855,7865,41170,712
At 30/06/202441,03891,678119,23946,14671,872369,973
Net Book Amounts
At 30/06/20245,25017,671165,25623,14510,986222,308
At 30/06/20236,56219,740135,43322,8998,034192,668

Set Produce Limited

5. STOCK 20242023
££
Stock comprises:
Stock16,00015,000
16,00015,000
6. DEBTORS 20242023
££
Amounts falling due within one year
Trade debtors676,354764,432
VAT-958
Prepayments13,78728,503
690,141793,893
7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
20242023
££
UK corporation tax33,15128,248
VAT1,090-
PAYE control4,0519,141
Directors current account132974
Bank Loan10,00010,000
Hire purchase61,21047,178
Trade creditors468,342614,074
Pension schemes1,118-
Accruals19,76817,840
598,862727,455
8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
20242023
££
Bank loans 16,20021,667
Hire purchase 113,85778,527
130,057100,194

Set Produce Limited

9. SHARE CAPITAL 20242023
££
Allotted, issued and fully paid:
70 A Ordinary Shares of £1 each7070
20 B Oridinary Shares of £1 each2020
10 C Oridinary Shares of £1 each1010
100100