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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
Page
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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
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FRESH RETAIL GROUP LTD Statement of financial position as at 31 July 2024
2024 
2023 
Notes
£ 
£ 
Fixed assets
Tangible assets
27,112 
32,580 
Current assets
Inventories
- 
600 
Debtors
116,911 
79,818 
Cash at bank and in hand
17,961 
13,161 
134,872 
93,579 
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)
Net assets
26,321 
28,714 
Capital and reserves
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
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FRESH RETAIL GROUP LTD Notes to the Accounts for the year ended 31 July 2024
1
Statutory information
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.
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 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
Pension costs
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
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.
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FRESH RETAIL GROUP LTD Notes to the Accounts for the year ended 31 July 2024
Deferred taxation
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 
Depreciation
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 
Net book value
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 
5
Debtors
2024 
2023 
£ 
£ 
Amounts falling due within one year
Trade debtors
28,836 
22,253 
Other debtors
88,075 
57,565 
116,911 
79,818 
6
Creditors: amounts falling due within one year
2024 
2023 
£ 
£ 
Bank loans and overdrafts
29,130 
12,347 
VAT
16,753 
15,398 
Trade creditors
1,919 
182 
Taxes and social security
21,480 
12,700 
Other creditors
266 
242 
69,548 
40,869 
7
Creditors: amounts falling due after more than one year
2024 
2023 
£ 
£ 
Bank loans
48,932 
50,386 
Other creditors
9,998 
- 
58,930 
50,386 
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FRESH RETAIL GROUP LTD Notes to the Accounts for the year ended 31 July 2024
8
Loans to directors
Brought Forward 
Advance/ credit 
Repaid 
Carried Forward 
£ 
£ 
£ 
£ 
Michael John Boyle
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).
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