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REGISTERED NUMBER: 04600499 (England and Wales)


















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 29 NOVEMBER 2024

FOR

ADVANCED RIPENING TECHNOLOGIES LIMITED

ADVANCED RIPENING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04600499)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 29 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


ADVANCED RIPENING TECHNOLOGIES LIMITED

COMPANY INFORMATION
for the Year Ended 29 November 2024







DIRECTOR: D Rodden





SECRETARY: Mrs R Rodden





REGISTERED OFFICE: Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB





REGISTERED NUMBER: 04600499 (England and Wales)





ACCOUNTANTS: Fairhurst Accountants Ltd
Chartered Accountants
Douglas Bank House
Wigan Lane
Wigan
Lancashire
WN1 2TB

ADVANCED RIPENING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04600499)

BALANCE SHEET
29 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 202,929 207,690

CURRENT ASSETS
Debtors 5 698,097 169,238
Cash at bank 222,630 329,580
920,727 498,818
CREDITORS
Amounts falling due within one year 6 488,042 234,191
NET CURRENT ASSETS 432,685 264,627
TOTAL ASSETS LESS CURRENT
LIABILITIES

635,614

472,317

CREDITORS
Amounts falling due after more than one
year

7

46,055

56,918
NET ASSETS 589,559 415,399

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 589,459 415,299
SHAREHOLDERS' FUNDS 589,559 415,399

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 29 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 29 November 2024 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.

ADVANCED RIPENING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04600499)

BALANCE SHEET - continued
29 November 2024


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 28 August 2025 and were signed by:





D Rodden - Director


ADVANCED RIPENING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04600499)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 29 November 2024

1. STATUTORY INFORMATION

Advanced Ripening Technologies 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 in respect of goods and services provided, excluding value added tax.

Tangible fixed assets
Tangible fixed assets are included at cost less depreciation and impairment.

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

Freehold property-2% on cost
Improvements to property-10% on cost
Plant and machinery-25% on reducing balance
Fixtures & fittings-25% on reducing balance
Motor vehicles-25% on reducing balance
Computer equipment-25% on reducing balance


Impairment of assets
At each reporting date assets are reviewed to determine whether there is any indication that those assets have suffered an impairment loss. If there is an indication of possible impairment, the recoverable amount of any affected asset is estimated and compared with its carrying amount. If the estimated recoverable amount is lower, the carrying amount is reduced to its estimated recoverable amount, and an impairment loss is recognised immediately in the profit and loss.

Where an impairment loss subsequently reverses, the carrying amount of each asset is increased to the revised estimate of its recoverable amount, to the extent that the increased carrying amount does not exceed the carrying amount that would have been determined (net of depreciation) had no impairment loss been recognised for the asset in prior years. A reversal of an impairment loss is recognised as income immediately.

Financial instruments
Trade and other debtors are initially recognised at the transaction price and thereafter stated at amortised cost using effective interest method, less impairment losses for bad and doubtful debts except where the effect of discounting would be immaterial. In such cases, the receivables are stated at cost less impairment losses for bad and doubtful debts.

Short term trade creditors are measured at transaction price. Financial liabilities that have no stated interest rate and are payable within one year shall be measured at the undiscounted amount due.

Related party loans have no stated interest rate, are payable on demand and are measured at the undiscounted amount due.


ADVANCED RIPENING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04600499)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 November 2024

2. ACCOUNTING POLICIES - continued
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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

Foreign currencies
Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Leases
Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 30 November 2023
and 29 November 2024 226,372 17,728 244,100
DEPRECIATION
At 30 November 2023 19,618 16,792 36,410
Charge for year 4,527 234 4,761
At 29 November 2024 24,145 17,026 41,171
NET BOOK VALUE
At 29 November 2024 202,227 702 202,929
At 29 November 2023 206,754 936 207,690

ADVANCED RIPENING TECHNOLOGIES LIMITED (REGISTERED NUMBER: 04600499)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 29 November 2024

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 371,163 97,903
Other debtors 326,934 71,335
698,097 169,238

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 10,863 10,863
Trade creditors 346,434 185,411
Taxation and social security 63,972 34,333
Other creditors 66,773 3,584
488,042 234,191

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans 46,055 56,918

8. SECURED DEBTS

The following secured debts are included within creditors:

2024 2023
£    £   
Bank loans 56,918 67,781

Bank loans are secured by fixed and floating charges over the property of the company.

9. RELATED PARTY DISCLOSURES

Included within Other creditors is an amount of £3,331 (2023: £182) owed to the director.