Registration number: 02414635

Bradholme Produce Limited

Contents

Balance Sheet	1
Notes to the Financial Statements	2 to 4

Bradholme Produce Limited

(Registration number: 02414635)

Balance Sheet as at 31 October 2024

	Note	2024 £	2023 £
Fixed assets
Tangible assets	3	14	18
Current assets
Stocks		100	100
Debtors	4	12,242	9,607
Cash at bank and in hand		3,774	2,470
		16,116	12,177
Creditors: Amounts falling due within one year	5	(127,616)	(123,837)
Net current liabilities		(111,500)	(111,660)
Net liabilities		(111,486)	(111,642)
Capital and reserves
Called up share capital		5,000	5,000
Retained earnings		(116,486)	(116,642)
Shareholders' deficit		(111,486)	(111,642)

For the financial 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.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime and the option not to file the Directors' Report and the Profit and Loss Account has been taken.

These financial statements, which have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006 and in accordance with the provisions of FRS 102 Section 1A Small Entities, were approved and authorised for issue by the Board on 13 October 2025 and signed on its behalf by:
 

.........................................

P Gilliat

Director

Bradholme Produce Limited

Notes to the Financial Statements for the Year Ended 31 October 2024

1	Accounting policies

Statutory information

Bradholme Produce Limited is a private company, limited by shares, domiciled in England and Wales, company number 02414635. The registered office is at Bradholme Farm, Thorne Levels, Thorne, Doncaster, DN8 5SB.

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006.

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value. The presentation currency is United Kingdom pounds sterling, which is the functional currency of the company. The financial statements are those of an individual entity.

These financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis as financial support is provided by the directors.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Bradholme Produce Limited

Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)

1	Accounting policies (continued)

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value, after due regard for obsolete and slow moving stocks. Net realisable value is based on selling price less anticipated costs to completion and selling costs.

2	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2023 - 2).

3	Tangible assets

	Plant and machinery £	Total £
Cost or valuation
At 1 November 2023	14,661	14,661
At 31 October 2024	14,661	14,661
Depreciation
At 1 November 2023	14,643	14,643
Charge for the year	4	4
At 31 October 2024	14,647	14,647
Carrying amount
At 31 October 2024	14	14
At 31 October 2023	18	18

4

Debtors

	2024 £	2023 £
Trade debtors	11,029	8,645
Other debtors	1,213	962
	12,242	9,607

Bradholme Produce Limited

Notes to the Financial Statements for the Year Ended 31 October 2024 (continued)

5

Creditors

Creditors: amounts falling due within one year

	2024 £	2023 £
Due within one year
Loans and borrowings	-	250
Trade creditors	3,364	1,235
Taxation and social security	1,397	109
Accruals and deferred income	2,650	2,038
Other creditors	120,205	120,205
	127,616	123,837