Company Registration No. 6973100 (England and Wales)
Great Park Food Company Ltd.
Unaudited accounts
for the year ended 31 October 2024
Great Park Food Company Ltd.
Unaudited accounts
Contents
Great Park Food Company Ltd.
Company Information
for the year ended 31 October 2024
Directors
Ross Greenhill
Laura Greenhill
Company Number
6973100 (England and Wales)
Registered Office
The Old Granary
North Brunton
Newcastle Upon Tyne
NE3 5HD
UK
Accountants
JBC Management Solutions Ltd
5 Dene Park
Ponteland
Newcastle upon Tyne
Northumberland
NE20 9AH
Great Park Food Company Ltd.
Statement of financial position
as at 31 October 2024
Tangible assets
442,558
443,018
Cash at bank and in hand
2,416,220
1,987,376
Creditors: amounts falling due within one year
(869,925)
(531,773)
Net current assets
1,940,286
1,691,888
Net assets
2,382,844
2,134,906
Called up share capital
60,000
60,000
Profit and loss account
2,322,844
2,074,906
Shareholders' funds
2,382,844
2,134,906
For the year ending 31 October 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 25 June 2025 and were signed on its behalf by
Ross Greenhill
Director
Company Registration No. 6973100
Great Park Food Company Ltd.
Notes to the Accounts
for the year ended 31 October 2024
Great Park Food Company Ltd. is a private company, limited by shares, registered in England and Wales, registration number 6973100. The registered office is The Old Granary, North Brunton, Newcastle Upon Tyne, NE3 5HD, UK.
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.
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.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover represents the value, net of VAT and discounts, of goods provided to customers and work carried out in respect of services provided to customers.
Tangible fixed assets policy
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
not depreciated
Fixtures & fittings
20% straight line
Computer equipment
33.3% straight line
4
Tangible fixed assets
Land & buildings
Fixtures & fittings
Computer equipment
Total
Cost or valuation
At cost
At cost
At cost
At 1 November 2023
441,731
19,231
10,823
471,785
At 31 October 2024
442,081
19,231
10,823
472,135
At 1 November 2023
-
19,231
9,536
28,767
Charge for the year
-
-
810
810
At 31 October 2024
-
19,231
10,346
29,577
At 31 October 2024
442,081
-
477
442,558
At 31 October 2023
441,731
-
1,287
443,018
Great Park Food Company Ltd.
Notes to the Accounts
for the year ended 31 October 2024
Amounts falling due within one year
Trade debtors
391,637
235,402
6
Creditors: amounts falling due within one year
2024
2023
Trade creditors
460,065
282,673
Taxes and social security
108,050
37,210
Other creditors
148,147
82,147
Loans from directors
2,063
1,243
Allotted, called up and fully paid:
30,000 Ordinary shares of £1 each
30,000
30,000
30,000 A Ordinary Shares of £1 each
30,000
30,000
8
Average number of employees
During the year the average number of employees was 3 (2023: 3).