Company Registration No. 11488109 (England and Wales)
FRESH RETAIL GROUP LTD
Unaudited accounts
for the year ended 31 July 2024
FRESH RETAIL GROUP LTD
Unaudited accounts
Contents
FRESH RETAIL GROUP LTD
Company Information
for the year ended 31 July 2024
Directors
Michael John Boyle
Charlotte Rose Chapman-Boyle
Company Number
11488109 (England and Wales)
Registered Office
DUKE HOUSE BUSINESS HUB
DUKE STREET
SKIPTON
NORTH YORKSHIRE
BD23 2HQ
ENGLAND
Accountants
Goodbooks (Skipton) Ltd
Duke House
Duke Street
Skipton
North Yorkshire
BD23 2HQ
FRESH RETAIL GROUP LTD
Statement of financial position
as at 31 July 2024
Tangible assets
27,112
32,580
Cash at bank and in hand
17,961
13,161
Creditors: amounts falling due within one year
(69,548)
(40,869)
Net current assets
65,324
52,710
Total assets less current liabilities
92,436
85,290
Creditors: amounts falling due after more than one year
(58,930)
(50,386)
Provisions for liabilities
Deferred tax
(7,185)
(6,190)
Called up share capital
100
100
Profit and loss account
26,221
28,614
Shareholders' funds
26,321
28,714
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 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 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 of Directors and authorised for issue on 27 April 2025 and were signed on its behalf by
Michael John Boyle
Director
Company Registration No. 11488109
FRESH RETAIL GROUP LTD
Notes to the Accounts
for the year ended 31 July 2024
FRESH RETAIL GROUP LTD is a private company, limited by shares, registered in England and Wales, registration number 11488109. The registered office is DUKE HOUSE BUSINESS HUB, DUKE STREET, SKIPTON, NORTH YORKSHIRE, BD23 2HQ, ENGLAND.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% Straight Line
Motor vehicles
5 years Straight Line
Fixtures & fittings
5 years Straight Line
Computer equipment
25% & 20% Straight Line
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
FRESH RETAIL GROUP LTD
Notes to the Accounts
for the year ended 31 July 2024
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
4
Tangible fixed assets
Land & buildings
Motor vehicles
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 August 2023
16,441
19,045
8,537
13,196
57,219
Additions
-
-
3,953
940
4,893
At 31 July 2024
16,441
19,045
12,490
14,136
62,112
At 1 August 2023
2,770
10,257
3,804
7,808
24,639
Charge for the year
1,644
3,809
2,131
2,777
10,361
At 31 July 2024
4,414
14,066
5,935
10,585
35,000
At 31 July 2024
12,027
4,979
6,555
3,551
27,112
At 31 July 2023
13,671
8,788
4,733
5,388
32,580
Amounts falling due within one year
Trade debtors
28,836
22,253
Other debtors
88,075
57,565
6
Creditors: amounts falling due within one year
2024
2023
Bank loans and overdrafts
29,130
12,347
Taxes and social security
21,480
12,700
7
Creditors: amounts falling due after more than one year
2024
2023
FRESH RETAIL GROUP LTD
Notes to the Accounts
for the year ended 31 July 2024
Brought
Forward
Advance/
credit
Repaid
Carried
Forward
23,897
112,308
89,692
46,512
Charlotte Rose Chapman-Boyle
30,468
62,031
23,064
69,435
54,365
174,339
112,756
115,947
9
Average number of employees
During the year the average number of employees was 4 (2023: 4).