Fruchoc Limited 12746770 false 2023-08-01 2024-07-31 2024-07-31 The principal activity of the company is Take-away Food shop and other food services. Digita Accounts Production Advanced 6.30.9574.0 true 12746770 2023-08-01 2024-07-31 12746770 2024-07-31 12746770 core:CurrentFinancialInstruments 2024-07-31 12746770 core:CurrentFinancialInstruments core:WithinOneYear 2024-07-31 12746770 core:FurnitureFittingsToolsEquipment 2024-07-31 12746770 core:MotorVehicles 2024-07-31 12746770 bus:SmallEntities 2023-08-01 2024-07-31 12746770 bus:AuditExemptWithAccountantsReport 2023-08-01 2024-07-31 12746770 bus:FullAccounts 2023-08-01 2024-07-31 12746770 bus:SmallCompaniesRegimeForAccounts 2023-08-01 2024-07-31 12746770 bus:RegisteredOffice 2023-08-01 2024-07-31 12746770 bus:Director1 2023-08-01 2024-07-31 12746770 bus:PrivateLimitedCompanyLtd 2023-08-01 2024-07-31 12746770 core:FurnitureFittingsToolsEquipment 2023-08-01 2024-07-31 12746770 core:MotorVehicles 2023-08-01 2024-07-31 12746770 core:OfficeEquipment 2023-08-01 2024-07-31 12746770 countries:England 2023-08-01 2024-07-31 12746770 2023-07-31 12746770 core:FurnitureFittingsToolsEquipment 2023-07-31 12746770 core:MotorVehicles 2023-07-31 12746770 2022-08-01 2023-07-31 12746770 2023-07-31 12746770 core:CurrentFinancialInstruments 2023-07-31 12746770 core:CurrentFinancialInstruments core:WithinOneYear 2023-07-31 12746770 core:FurnitureFittingsToolsEquipment 2023-07-31 12746770 core:MotorVehicles 2023-07-31 iso4217:GBP xbrli:pure

Registration number: 12746770

Fruchoc Limited

Unaudited Filleted Financial Statements

for the Year Ended 31 July 2024

 

Fruchoc Limited

Contents

Company Information

1

Balance Sheet

2

Notes to the Unaudited Financial Statements

3 to 6

 

Fruchoc Limited

Company Information

Director

J N Finn

Registered office

10 Finns Business Park
Mill Lane, Crondall
Farnham
Surrey
GU10 5HP

Accountants

CRK Accounting Limited
12a Fleet Business Park
Sandy Lane
Church Crookham
Fleet
Hampshire
GU52 8BF

 

Fruchoc Limited

(Registration number: 12746770)
Balance Sheet as at 31 July 2024

Note

2024
£

2023
£

Fixed assets

 

Tangible assets

4

4,073

6,912

Current assets

 

Stocks

5

245

306

Debtors

354

354

Cash at bank and in hand

 

3,226

2,731

 

3,825

3,391

Creditors: Amounts falling due within one year

6

(5,124)

(1,384)

Net current (liabilities)/assets

 

(1,299)

2,007

Total assets less current liabilities

 

2,774

8,919

Provisions for liabilities

(774)

(1,313)

Net assets

 

2,000

7,606

Capital and reserves

 

Called up share capital

1

1

Retained earnings

1,999

7,605

Shareholders' funds

 

2,000

7,606

For the financial 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.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 9 April 2025
 

.........................................
J N Finn
Director

 

Fruchoc Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

1

General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
10 Finns Business Park
Mill Lane, Crondall
Farnham
Surrey
GU10 5HP
United Kingdom

These financial statements were authorised for issue by the director on 9 April 2025.

2

Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

 

Fruchoc Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class

Depreciation method and rate

Office equipment

20% on cost

Motor Vehicles

25% Reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

 

Fruchoc Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3

Staff numbers

The average number of persons employed by the company (including the director) during the year, was 2 (2023 - 2).

 

Fruchoc Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2024

4

Tangible assets

Furniture, fittings and equipment
 £

Motor vehicles
 £

Total
£

Cost or valuation

At 1 August 2023

13,535

1,250

14,785

At 31 July 2024

13,535

1,250

14,785

Depreciation

At 1 August 2023

7,150

723

7,873

Charge for the year

2,707

132

2,839

At 31 July 2024

9,857

855

10,712

Carrying amount

At 31 July 2024

3,678

395

4,073

At 31 July 2023

6,385

527

6,912

5

Stocks

2024
£

2023
£

Other inventories

245

306

6

Creditors

Creditors: amounts falling due within one year

Note

2024
£

2023
£

Due within one year

 

Loans and borrowings

7

1,796

41

Taxation and social security

 

334

269

Accruals and deferred income

 

1,112

900

Other creditors

 

1,882

174

 

5,124

1,384

7

Loans and borrowings

2024
£

2023
£

Current loans and borrowings

Other borrowings

1,796

41