2023-07-01 SC508031 2024-06-30 SC508031 2023-07-01 2024-06-30 SC508031 2023-06-30 SC508031 2022-07-01 2023-06-30 SC508031 uk-core:WithinOneYear 2023-06-30 SC508031 uk-core:WithinOneYear 2024-06-30 SC508031 uk-core:ShareCapital 2024-06-30 SC508031 uk-core:ShareCapital 2023-06-30 SC508031 uk-core:RetainedEarningsAccumulatedLosses 2024-06-30 SC508031 uk-core:RetainedEarningsAccumulatedLosses 2023-06-30 SC508031 uk-bus:Director1 2023-07-01 2024-06-30 SC508031 uk-core:VehiclesPlantMachinery 2023-07-01 2024-06-30 SC508031 uk-core:FurnitureFittings 2023-07-01 2024-06-30 SC508031 uk-core:FurnitureFittings 2023-06-30 SC508031 uk-core:VehiclesPlantMachinery 2023-06-30 SC508031 uk-core:VehiclesPlantMachinery 2024-06-30 SC508031 uk-core:FurnitureFittings 2024-06-30 iso4217:GBP xbrli:pure SC508031 uk-bus:AuditExemptWithAccountantsReport 2023-07-01 2024-06-30 SC508031 uk-bus:FRS102 2023-07-01 2024-06-30 SC508031 uk-bus:FullAccounts 2023-07-01 2024-06-30 SC508031 uk-bus:PrivateLimitedCompanyLtd 2023-07-01 2024-06-30
Fraser's Fruit and Veg Limited
Registered Number:SC508031
For the year ended 30 June 2024
Scotland
Unaudited Financial Statements
2
For the year ended 30 June 2024
Fraser's Fruit and Veg Limited
Contents Page
1
Statement of Financial Position
2 to 3
Notes to the Financial Statements
3
Registered Number :
SC508031
As at 30 June 2024
Fraser's Fruit and Veg Limited
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
3,932
5,243
2
3,932
5,243
Current assets
Inventories
6,321
7,128
3
Trade and other receivables
8,982
9,248
4
27,383
Cash and cash equivalents
40,258
56,634
42,686
Trade and other payables: amounts falling due within one year
(23,892)
(20,268)
5
18,794
36,366
Net current assets
Total assets less current liabilities
40,298
24,037
40,298
Net assets
24,037
Capital and reserves
Called up share capital
100
100
Retained earnings
40,198
23,937
40,298
24,037
Shareholders' funds
For the year ended 30 June 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 of its financial statements for the year ended 30 June 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section 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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
Mr Fraser Reid Director
These financial statements were approved and authorised for issue by the Board on 26 March 2025 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 June 2024
Fraser's Fruit and Veg Limited
Notes to the Financial Statements
Statutory Information
Fraser's Fruit and Veg Limited is a private limited company, limited by shares, domiciled in Scotland, registration number SC508031.
Registered address:
Moultrie Cottage
St Michaels
St Andrews
KY16 0DU
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial Reporting Standard 102 ''The
Financial Reporting Standard applicable in the UK and Republic of Ireland'' and the Companies Act 2006. The financial statements have
been prepared under the historical costs convention as modified by the revaluation of certain assets.
Intangible assets
Property, plant and equipment
Property, plant and equipment, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
25% Reducing balance
Motor Vehicles
25% Reducing balance
Furniture and Fittings
2. Property, plant and equipment
Total
Furniture and
Fittings
Motor Vehicles
£
£
£
Cost or valuation
At 01 July 2023
25,906
15,106
10,800
At 30 June 2024
10,800
15,106
25,906
Provision for depreciation and impairment
At 01 July 2023
20,663
13,281
7,382
Charge for year
1,311
456
855
At 30 June 2024
21,974
13,737
8,237
At 30 June 2024
Net book value
2,563
1,369
3,932
At 30 June 2023
3,418
1,825
5,243
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5
For the year ended 30 June 2024
Fraser's Fruit and Veg Limited
Notes to the Financial Statements Continued
3. Inventories
2023
2024
£
£
Stocks
7,128
6,321
4. Trade and other receivables
2023
2024
£
£
Trade debtors
8,888
8,586
Other debtors
360
396
8,982
9,248
5. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
6,001
5,136
Taxation and social security
5,978
4,052
Other creditors
8,289
14,704
20,268
23,892
6. Average number of persons employed
During the year the average number of employees was 5 (2023 : 6)
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