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Company Registration No. 07703964 (England and Wales)
FAM FRUIT & VEG LIMITED Unaudited accounts for the year ended 31 July 2024
FAM FRUIT & VEG LIMITED Unaudited accounts Contents
Page
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FAM FRUIT & VEG LIMITED Company Information for the year ended 31 July 2024
Director
M E SEKER
Company Number
07703964 (England and Wales)
Registered Office
155-157 FORTESS ROAD TUFNELL PARK LONDON NW5 2HR
Accountants
ALTUN & CO GROUND FLOOR 285 FORE STREET EDMONTON LONDON N9 0PD
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FAM FRUIT & VEG LIMITED Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Intangible assets
45,941 
61,255 
Tangible assets
118,466 
121,202 
164,407 
182,457 
Current assets
Inventories
61,120 
54,890 
Debtors
464,865 
467,622 
Cash at bank and in hand
1,119,167 
662,795 
1,645,152 
1,185,307 
Creditors: amounts falling due within one year
(188,289)
(142,037)
Net current assets
1,456,863 
1,043,270 
Net assets
1,621,270 
1,225,727 
Capital and reserves
Called up share capital
100 
100 
Profit and loss account
1,621,170 
1,225,627 
Shareholders' funds
1,621,270 
1,225,727 
For the year ending 31 July 2024 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 12 March 2025 and were signed on its behalf by
M E SEKER Director Company Registration No. 07703964
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FAM FRUIT & VEG LIMITED Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
FAM FRUIT & VEG LIMITED is a private company, limited by shares, registered in England and Wales, registration number 07703964. The registered office is 155-157 FORTESS ROAD, TUFNELL PARK, LONDON, NW5 2HR.
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.
Turnover
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Stocks
Stock is valued at the lower of cost and net realisable value.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Motor vehicles
20% on a reducing balance basis
Fixtures & fittings
10% on a reducing balance basis
Intangible fixed assets (Lease Premium)
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
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FAM FRUIT & VEG LIMITED Notes to the Accounts for the year ended 31 July 2024
4
Intangible fixed assets
Other 
£ 
Cost
At 1 August 2023
91,883 
At 31 July 2024
91,883 
Amortisation
At 1 August 2023
30,628 
Charge for the year
15,314 
At 31 July 2024
45,942 
Net book value
At 31 July 2024
45,941 
At 31 July 2023
61,255 
5
Tangible fixed assets
Motor vehicles 
Fixtures & fittings 
Total 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At 1 August 2023
32,304 
131,808 
164,112 
Additions
- 
12,042 
12,042 
At 31 July 2024
32,304 
143,850 
176,154 
Depreciation
At 1 August 2023
17,772 
25,138 
42,910 
Charge for the year
2,907 
11,871 
14,778 
At 31 July 2024
20,679 
37,009 
57,688 
Net book value
At 31 July 2024
11,625 
106,841 
118,466 
At 31 July 2023
14,532 
106,670 
121,202 
6
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Accrued income and prepayments
8,029 
7,300 
Other debtors
114 
- 
8,143 
7,300 
Amounts falling due after more than one year
Amounts due from group undertakings etc.
441,222 
441,222 
Accrued income and prepayments
15,500 
15,500 
Other debtors
- 
3,600 
456,722 
460,322 
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FAM FRUIT & VEG LIMITED Notes to the Accounts for the year ended 31 July 2024
7
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
VAT
2,860 
4,316 
Trade creditors
17,408 
- 
Taxes and social security
154,760 
111,347 
Other creditors
13,261 
26,374 
188,289 
142,037 
8
Share capital
2024 
2023 
£ 
£ 
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100 
100 
9
Average number of employees
During the year the average number of employees was 7 (2023: 8).
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