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REGISTERED NUMBER: 02615225 (England and Wales)












Unaudited Financial Statements

for the Year Ended 31 May 2024

for

Country Harvest Frozen Foods Limited

Country Harvest Frozen Foods Limited (Registered number: 02615225)






Contents of the Financial Statements
for the Year Ended 31 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Country Harvest Frozen Foods Limited

Company Information
for the Year Ended 31 May 2024







DIRECTOR: E A Bamlet





SECRETARY: J Abbott





REGISTERED OFFICE: Sutherland House
Cleveland Industrial Estate
Darlington
Co. Durham
DL1 2PB





REGISTERED NUMBER: 02615225 (England and Wales)





ACCOUNTANTS: S&W Partners (Newcastle) Limited
17 Queens Lane
Newcastle upon Tyne
Tyne and Wear
NE1 1RN

Country Harvest Frozen Foods Limited (Registered number: 02615225)

Balance Sheet
31 May 2024

2024 2023
Notes £    £   
FIXED ASSETS
Intangible assets 5 - -
Tangible assets 6 384,389 362,854
384,389 362,854

CURRENT ASSETS
Stocks 137,790 135,634
Debtors 7 623,242 632,339
Cash at bank and in hand 193,628 215,573
954,660 983,546
CREDITORS
Amounts falling due within one year 8 (789,106 ) (768,591 )
NET CURRENT ASSETS 165,554 214,955
TOTAL ASSETS LESS CURRENT
LIABILITIES

549,943

577,809

CREDITORS
Amounts falling due after more than one
year

9

(59,911

)

(93,848

)

PROVISIONS FOR LIABILITIES (43,030 ) (36,896 )
NET ASSETS 447,002 447,065

CAPITAL AND RESERVES
Called up share capital 100 100
Profit and loss account 446,902 446,965
447,002 447,065

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges her responsibilities for:
(a)ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and
(b)preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 23 May 2025 and were signed by:





E A Bamlet - Director


Country Harvest Frozen Foods Limited (Registered number: 02615225)

Notes to the Financial Statements
for the Year Ended 31 May 2024

1. STATUTORY INFORMATION

Country Harvest Frozen Foods Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).


2. STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006.

3. ACCOUNTING POLICIES

Basis of preparing the financial statements
The financial statements have been prepared under the historical cost convention.

Turnover
Turnover represents amounts receivable for goods and services net of VAT.

Revenue from contracts for the provision of the professional services is recognised in the period in which services are provided in accordance with the stage of completion of the contract.

Revenue for the sale of goods is recognised upon delivery.

Tangible fixed assets
Tangible fixed assets are initially measured at costs and subsequently measured at costs or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Land and buildings Freehold
Land and buildings Leasehold 10 years straight line
Fixtures, fittings & equipment 20% straight line/ reducing balance
Motor vehicles 25% reducing balance

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Stocks
Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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

Pension costs and other post-retirement benefits
The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Country Harvest Frozen Foods Limited (Registered number: 02615225)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

3. ACCOUNTING POLICIES - continued

Cash at bank and in hand
Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

Short term debtors and creditors
Short term debtors and creditors with no stated interest rate are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee's services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the leases asset are consumed.

4. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 25 (2023 - 21 ) .

5. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 June 2023
and 31 May 2024 12,000
AMORTISATION
At 1 June 2023
and 31 May 2024 12,000
NET BOOK VALUE
At 31 May 2024 -
At 31 May 2023 -

Country Harvest Frozen Foods Limited (Registered number: 02615225)

Notes to the Financial Statements - continued
for the Year Ended 31 May 2024

6. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 June 2023 242,834 513,944 756,778
Additions - 94,535 94,535
Disposals - (52,569 ) (52,569 )
At 31 May 2024 242,834 555,910 798,744
DEPRECIATION
At 1 June 2023 27,566 366,358 393,924
Charge for year 3,000 70,000 73,000
Eliminated on disposal - (52,569 ) (52,569 )
At 31 May 2024 30,566 383,789 414,355
NET BOOK VALUE
At 31 May 2024 212,268 172,121 384,389
At 31 May 2023 215,268 147,586 362,854

7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 421,128 437,974
Other debtors 202,114 194,365
623,242 632,339

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 63,148 82,814
Hire purchase contracts 46,471 45,428
Trade creditors 354,155 353,290
Taxation and social security 59,221 34,708
Other creditors 266,111 252,351
789,106 768,591

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Bank loans - 63,148
Hire purchase contracts 59,911 30,700
59,911 93,848

10. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 May 2024 and 31 May 2023:

2024 2023
£    £   
D Bamlet
Balance outstanding at start of year 63,066 66,087
Amounts advanced - 2,021
Amounts repaid (311 ) (5,042 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of year 62,755 63,066