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REGISTERED NUMBER: 07504162 (England and Wales)
















Produce The Goods Limited

Unaudited Financial Statements

for the Year Ended 31st January 2025






Produce The Goods Limited (Registered number: 07504162)






Contents of the Financial Statements
for the Year Ended 31st January 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


Produce The Goods Limited

Company Information
for the Year Ended 31st January 2025







Director: Mr J Almond





Registered office: 4 Acacia Business Centre
Howard Road
London
E11 3PJ





Registered number: 07504162 (England and Wales)





Accountants: AN Accountancy
Accountants
4th Floor
100 Fenchurch Street
London
United Kingdom
EC3M 5JD

Produce The Goods Limited (Registered number: 07504162)

Statement of Financial Position
31st January 2025

2025 2024
Notes £    £    £   
Fixed assets
Tangible assets 4 1,876 2,456

Current assets
Stocks 1,598 3,501
Debtors 5 710 976
Cash at bank 8,168 7,066
10,476 11,543
Creditors
Amounts falling due within one year 6 23,005 27,274
Net current liabilities (12,529 ) (15,731 )
Total assets less current liabilities (10,653 ) (13,275 )

Creditors
Amounts falling due after more than one
year

7

960

3,107
Net liabilities (11,613 ) (16,382 )

Capital and reserves
Called up share capital 1 1
Retained earnings (11,614 ) (16,383 )
(11,613 ) (16,382 )

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st January 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Produce The Goods Limited (Registered number: 07504162)

Statement of Financial Position - continued
31st January 2025


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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 19th March 2025 and were signed by:





Mr J Almond - Director


Produce The Goods Limited (Registered number: 07504162)

Notes to the Financial Statements
for the Year Ended 31st January 2025

1. Statutory information

Produce The Goods 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.

2. Accounting policies

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

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Stocks
Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. Employees and directors

The average number of employees during the year was 1 (2024 - 1 ) .

Produce The Goods Limited (Registered number: 07504162)

Notes to the Financial Statements - continued
for the Year Ended 31st January 2025

4. Tangible fixed assets
Fixtures
Plant and and
machinery fittings Totals
£    £    £   
Cost
At 1st February 2024
and 31st January 2025 7,769 2,108 9,877
Depreciation
At 1st February 2024 5,696 1,725 7,421
Charge for year 518 62 580
At 31st January 2025 6,214 1,787 8,001
Net book value
At 31st January 2025 1,555 321 1,876
At 31st January 2024 2,073 383 2,456

5. Debtors: amounts falling due within one year
2025 2024
£    £   
Other debtors 710 976

6. Creditors: amounts falling due within one year
2025 2024
£    £   
Bank loans and overdrafts 2,147 2,094
Trade creditors - 860
Taxation and social security 1,665 408
Other creditors 19,193 23,912
23,005 27,274

7. Creditors: amounts falling due after more than one year
2025 2024
£    £   
Bank loans 960 3,107