Company registration number 01182518 (England and Wales)
GRAMPIAN GROWERS (SERVICES) LIMITED
FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
PAGES FOR FILING WITH REGISTRAR
GRAMPIAN GROWERS (SERVICES) LIMITED
COMPANY INFORMATION
Directors
R C Inglis
D S Landsburgh
M J Cessford
G W Lyburn
P G Salmon
J D McWilliam
G A Forbes
K H Spink
Company number
01182518
Registered office
Azets
Ventura Park Road
Tamworth
Staffordshire
England
B78 3HL
Auditor
Azets Audit Services
5 Whitefriars Crescent
Perth
United Kingdom
PH2 0PA
Business address
Logie
Montrose
Angus
United Kingdom
DD10 9LD
Bankers
Royal Bank of Scotland
Brothock Bridge
Arbroath
Angus
United Kingdom
DD11 1NP
Solicitors
Stronachs
34 Albyn Place
Aberdeen
United Kingdom
AB10 1FW
GRAMPIAN GROWERS (SERVICES) LIMITED
CONTENTS
Page
Balance sheet
1
Notes to the financial statements
2 - 5
GRAMPIAN GROWERS (SERVICES) LIMITED
BALANCE SHEET
AS AT
30 SEPTEMBER 2024
30 September 2024
- 1 -
2024
2023
Notes
£
£
£
£
Fixed assets
Investments
3
1
1
Current assets
Stocks
4
17,018
22,182
Debtors
5
307,635
257,172
Cash at bank and in hand
-
0
549
324,653
279,903
Creditors: amounts falling due within one year
6
(79,652)
(45,759)
Net current assets
245,001
234,144
Net assets
245,002
234,145
Capital and reserves
Called up share capital
-
0
-
0
Profit and loss reserves
245,002
234,145
Total equity
245,002
234,145

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

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

The financial statements were approved by the board of directors and authorised for issue on 21 April 2025 and are signed on its behalf by:
J D McWilliam
K H Spink
Director
Director
Company Registration No. 01182518
GRAMPIAN GROWERS (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 2 -
1
Accounting policies
Company information

Grampian Growers (Services) Limited is a private company, limited by guarantee, registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary amounts in these financial statements are rounded to the nearest £.

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

1.2
Going concern

Atruet the time of approving the financial statements, the directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus the directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed to the buyer (usually on dispatch of the goods), the amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

1.4
Fixed asset investments

Interests in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses. The investments are assessed for impairment at each reporting date and any impairment losses or reversals of impairment losses are recognised immediately in profit or loss.

1.5
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

 

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.6
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

GRAMPIAN GROWERS (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
1
Accounting policies
(Continued)
- 3 -
1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

 

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2024
2023
Number
Number
Total
-
0
-
0
3
Fixed asset investments
2024
2023
£
£
Other investments other than loans
1
1
4
Stocks
2024
2023
£
£
Stocks
17,018
22,182
GRAMPIAN GROWERS (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 4 -
5
Debtors
2024
2023
Amounts falling due within one year:
£
£
Trade debtors
112,132
47,813
Amounts owed by group undertakings
164,357
151,881
Other debtors
31,146
57,478
307,635
257,172
6
Creditors: amounts falling due within one year
2024
2023
£
£
Bank loans and overdrafts
356
-
0
Trade creditors
71,296
37,838
Corporation tax
-
0
776
Other creditors
8,000
7,145
79,652
45,759
7
Secured debts

The Royal Bank of Scotland plc hold a debenture over all assets of the Company.

8
Audit report information

As the income statement has been omitted from the filing copy of the financial statements, the following information in relation to the audit report on the statutory financial statements is provided in accordance with s444(5B) of the Companies Act 2006:

The auditor's report was unqualified.

Senior Statutory Auditor:
Sally Cheeney
Statutory Auditor:
Azets Audit Services
GRAMPIAN GROWERS (SERVICES) LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2024
- 5 -
9
Related party transactions

Several directors have requested the supply and purchase of services provided by the Company, either in their own name or those of their respective businesses in which they are interested. The services are identical to all other members' services and all transactions are undertaken on the same terms.

 

J D McWilliam, a director, requested the supply of goods and services totalling £14,727 (2023 - £8,999) and provided goods and services totaling £799,679 (2023 - £387,516) during the year.

 

M J Cessford, a director, requested the supply of goods and services totalling £3,131 (2023 - £377) and provided goods and services totalling £106,163 (2023- £59,124) during the year.

 

P G Salmon, a director, requested the supply of goods and services totalling £nil (2023- £nil) and provided goods and services totalling £15,760 (2023 - £nil) during the year.

 

G W Lyburn, a director, requested the supply of goods and services totalling £386 (2023 - £478) and provided goods and services totalling £nil (2023 - £nil) during the year.

 

G A Forbes, a director, requested the supply of goods and services totalling £4,190 (2023 - £11,809) and provided goods and services totalling £285,244 (2023 - £49,938) during the year.

10
Parent company

The ultimate parent undertaking is Grampian Growers Limited; registered office Ventura Park Road, Tamworth, Staffordshire, England, B78 3HL.

 

2024-09-302023-10-01falsefalsefalse25 April 2025CCH SoftwareCCH Accounts Production 2025.100No description of principal activityR C InglisD S LandsburghM J CessfordG W LyburnP G SalmonJ D McWilliamG A ForbesK H SpinkThis audit opinion is unqualified011825182023-10-012024-09-3001182518bus:Director12023-10-012024-09-3001182518bus:Director22023-10-012024-09-3001182518bus:Director32023-10-012024-09-3001182518bus:Director42023-10-012024-09-3001182518bus:Director52023-10-012024-09-3001182518bus:Director62023-10-012024-09-3001182518bus:Director72023-10-012024-09-3001182518bus:Director82023-10-012024-09-3001182518bus:RegisteredOffice2023-10-012024-09-3001182518bus:Agent12023-10-012024-09-30011825182024-09-30011825182023-09-3001182518core:CurrentFinancialInstrumentscore:WithinOneYear2024-09-3001182518core:CurrentFinancialInstrumentscore:WithinOneYear2023-09-3001182518core:CurrentFinancialInstruments2024-09-3001182518core:CurrentFinancialInstruments2023-09-3001182518core:ShareCapital2024-09-3001182518core:ShareCapital2023-09-3001182518core:RetainedEarningsAccumulatedLosses2024-09-3001182518core:RetainedEarningsAccumulatedLosses2023-09-3001182518bus:CompanyLimitedByGuarantee2023-10-012024-09-3001182518bus:PrivateLimitedCompanyLtd2023-10-012024-09-30011825182022-10-012023-09-3001182518core:WithinOneYear2024-09-3001182518core:WithinOneYear2023-09-3001182518bus:SmallCompaniesRegimeForAccounts2023-10-012024-09-3001182518bus:FRS1022023-10-012024-09-3001182518bus:Audited2023-10-012024-09-3001182518bus:FullAccounts2023-10-012024-09-30xbrli:purexbrli:sharesiso4217:GBP