Registered number
03775203
Fresh Professional Development Ltd
Unaudited Filleted Accounts
31 December 2024
Fresh Professional Development Ltd
Registered number: 03775203
Balance Sheet
as at 31 December 2024
Notes 2024 2023
£ £
Fixed assets
Intangible assets 3 47,223 86,410
Tangible assets 4 20,510 20,966
67,733 107,376
Current assets
Debtors 5 219,172 232,858
Cash at bank and in hand 67,313 81,227
286,485 314,085
Creditors: amounts falling due within one year 6 (112,885) (114,894)
Net current assets 173,600 199,191
Total assets less current liabilities 241,333 306,567
Creditors: amounts falling due after more than one year 7 (17,386) (71,985)
Provisions for liabilities (12,869) (20,401)
Net assets 211,078 214,181
Capital and reserves
Called up share capital 100 100
Profit and loss account 210,978 214,081
Shareholders' funds 211,078 214,181
The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.
W J R Cooper
Director
Approved by the board on 22 July 2025
Fresh Professional Development Ltd
Notes to the Accounts
for the year ended 31 December 2024
1 Accounting policies
Basis of preparation
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).
Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.
Intangible fixed assets
Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.
Tangible fixed assets
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
Freehold buildings over 50 years
Leasehold land and buildings over the lease term
Plant and machinery 33% Declining Balance
Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
Taxation
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.
Provisions
Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.
Pensions
Contributions to defined contribution plans are expensed in the period to which they relate.
2 Employees 2024 2023
Number Number
Average number of persons employed by the company 4 6
3 Intangible fixed assets £
Computer software:
Cost
At 1 January 2024 287,784
At 31 December 2024 287,784
Amortisation
At 1 January 2024 201,374
Provided during the year 39,187
At 31 December 2024 240,561
Net book value
At 31 December 2024 47,223
At 31 December 2023 86,410
4 Tangible fixed assets
Land and buildings Plant and machinery etc Total
£ £ £
Cost
At 1 January 2024 19,584 38,886 58,470
At 31 December 2024 19,584 38,886 58,470
Depreciation
At 1 January 2024 - 37,504 37,504
Charge for the year - 456 456
At 31 December 2024 - 37,960 37,960
Net book value
At 31 December 2024 19,584 926 20,510
At 31 December 2023 19,584 1,382 20,966
5 Debtors 2024 2023
£ £
Trade debtors 15,518 29,467
Amounts owed by group undertakings and undertakings in which the company has a participating interest 196,680 196,680
Other debtors 6,974 6,711
219,172 232,858
6 Creditors: amounts falling due within one year 2024 2023
£ £
Bank loans and overdrafts 54,658 47,154
Trade creditors 6,452 13,330
Taxation and social security costs 31,208 35,790
Other creditors 20,567 18,620
112,885 114,894
7 Creditors: amounts falling due after one year 2024 2023
£ £
Bank loans 17,386 71,985
8 Related party transactions
At year end Fresh Professional Development Limited's Intercompany Loan to Fresh Development Group Limited amounted to £196,680 (2023: £196,680). This balance is included within Debtors: Group Undertakings.
9 Controlling party
The parent company is Fresh Development Group Limited, registered office address: Charfield Hall Farm Little Bristol Lane, Charfield, Wotton-Under-Edge, Gloucestershire, GL12 8LN
10 Other information
Fresh Professional Development Ltd is a private company limited by shares and incorporated in England. Its registered office is:
Charfield Hall Farm, Little Bristol Lane 
Charfield 
Wotton-Under-Edge,
Gloucestershire
GL12 8LN
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