2023-12-01 02867849 2024-11-30 02867849 2023-12-01 2024-11-30 02867849 2023-11-30 02867849 2022-12-01 2023-11-30 02867849 uk-core:WithinOneYear 2023-11-30 02867849 uk-core:WithinOneYear 2024-11-30 02867849 uk-core:ShareCapital 2024-11-30 02867849 uk-core:ShareCapital 2023-11-30 02867849 uk-core:RetainedEarningsAccumulatedLosses 2024-11-30 02867849 uk-core:RetainedEarningsAccumulatedLosses 2023-11-30 02867849 uk-bus:Director1 2023-12-01 2024-11-30 02867849 uk-core:NetGoodwill 2023-12-01 2024-11-30 02867849 uk-core:Goodwill 2023-11-30 02867849 uk-core:Goodwill 2024-11-30 02867849 uk-core:ToolsEquipment 2023-11-30 02867849 uk-core:CommercialMotorVehicles 2023-11-30 02867849 uk-core:PlantMachinery 2023-11-30 02867849 uk-core:ToolsEquipment 2023-12-01 2024-11-30 02867849 uk-core:CommercialMotorVehicles 2023-12-01 2024-11-30 02867849 uk-core:PlantMachinery 2023-12-01 2024-11-30 02867849 uk-core:PlantMachinery 2024-11-30 02867849 uk-core:CommercialMotorVehicles 2024-11-30 02867849 uk-core:ToolsEquipment 2024-11-30 iso4217:GBP xbrli:pure 02867849 uk-bus:AuditExemptWithAccountantsReport 2023-12-01 2024-11-30 02867849 uk-bus:FRS102 2023-12-01 2024-11-30 02867849 uk-bus:FilletedAccounts 2023-12-01 2024-11-30 02867849 uk-bus:PrivateLimitedCompanyLtd 2023-12-01 2024-11-30
Golden Harvest Foods Ltd
Registered Number:02867849
For the year ended 30 November 2024
England and Wales
Unaudited Financial Statements
2
For the year ended 30 November 2024
Golden Harvest Foods Ltd
Contents Page
1
Statement of Financial Position
2 to 4
Notes to the Financial Statements
3
Registered Number :
02867849
As at 30 November 2024
Golden Harvest Foods Ltd
Statement of Financial Position
£
£
2023
2024
Notes
Fixed assets
Property, plant and equipment
302,656
301,537
3
302,656
301,537
Current assets
Inventories
6,984
8,046
4
Trade and other receivables
145,571
79,830
5
1,002,629
Cash and cash equivalents
1,093,566
1,181,442
1,155,184
Trade and other payables: amounts falling due within one
year
(280,935)
(278,389)
6
874,249
903,053
Net current assets
Total assets less current liabilities
1,205,709
1,175,786
1,205,709
Net assets
1,175,786
Capital and reserves
Called up share capital
2
2
Retained earnings
1,205,707
1,175,784
1,205,709
1,175,786
Shareholders' funds
For the year ended 30 November 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 of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006
The director acknowledges his responsibilities for:a) ensuring that the company keeps proper 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 Section
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.
In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.
The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
John Downes Director
These financial statements were approved and authorised for issue by the Board on 10 October 2024 and were signed by:
The notes form part of these financial statements
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4
For the year ended 30 November 2024
Golden Harvest Foods Ltd
Notes to the Financial Statements
Statutory Information
Golden Harvest Foods Ltd is a private limited company, limited by shares, domiciled in England and Wales,
registration number 02867849.
Registered address:
Unit 2, St James Court
Bridgnorth Road
Wollaston
Stourbridge
DY8 3QG
The presentation currency is £ sterling.
1. Accounting policies
Basis of preparing the financial statements
These financial statements have been prepared in accordance with the provisions of Section 1A of Financial
Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the
Companies Act 2006. The financial statements have been prepared under the historical costs convention as
modified by the revaluation of certain assets.
Revenue recognition
Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.
Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business in 0, is being amortised evenly over its estimated useful life of 0 years.
Property, plant and equipment
Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:
Inventories
Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.
Hire purchase and leasing commitments
Rentals payable under operating leases are charged against income on a straight line basis over the lease term.
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5
For the year ended 30 November 2024
Golden Harvest Foods Ltd
Notes to the Financial Statements Continued
2. Intangible fixed assets
Goodwill
Cost or valuation
£
At 01 December 2023
10,000
At 30 November 2024
10,000
Amortisation
At 01 December 2023
10,000
At 30 November 2024
10,000
Net book value
At 30 November 2024
-
At 30 November 2023
-
3. Property, plant and equipment
Total
Computer
equipment
Motor vehicles
Plant and
machinery
£
£
£
£
Cost or
valuation
At 01 December 2023
418,720
450
24,853
393,417
34,748
-
11,500
23,248
Additions
At 30 November 2024
416,665
36,353
450
453,468
Provision for depreciation and impairment
At 01 December 2023
117,183
450
19,640
97,093
Charge for year
33,629
-
1,671
31,958
At 30 November 2024
150,812
450
21,311
129,051
At 30 November 2024
Net book value
287,614
15,042
-
302,656
At 30 November 2023
296,324
5,213
-
301,537
4. Inventories
2023
2024
£
£
Stocks
8,046
6,984
5. Trade and other receivables
2023
2024
£
£
Trade debtors
79,830
145,571
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6
For the year ended 30 November 2024
Golden Harvest Foods Ltd
Notes to the Financial Statements Continued
6. Trade and other payables: amounts falling due within one year
2023
2024
£
£
Trade creditors
130,797
141,150
Taxation and social security
105,172
97,365
Other creditors
42,420
42,420
278,389
280,935
7. Average number of persons employed
During the year the average number of employees was 12 (2023 : 12)
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