PHILLIPS FRUIT LTD

Company Registration Number:
NI044142 (Northern Ireland)

Unaudited abridged accounts for the year ended 28 October 2024

Period of accounts

Start date: 29 October 2023

End date: 28 October 2024

PHILLIPS FRUIT LTD

Contents of the Financial Statements

for the Period Ended 28 October 2024

Balance sheet
Notes

PHILLIPS FRUIT LTD

Balance sheet

As at 28 October 2024


Notes
2024
2023


£
£
Fixed assets
Tangible assets: 3 180,733 167,609
Investments: 4 1 1
Total fixed assets: 180,734 167,610
Current assets
Stocks: 43,025 39,513
Debtors:   1,803,957 1,532,154
Cash at bank and in hand: 81,977 344,685
Total current assets: 1,928,959 1,916,352
Creditors: amounts falling due within one year:   (92,182) (105,603)
Net current assets (liabilities): 1,836,777 1,810,749
Total assets less current liabilities: 2,017,511 1,978,359
Provision for liabilities: (30,278) (27,861)
Total net assets (liabilities): 1,987,233 1,950,498
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 1,987,133 1,950,398
Shareholders funds: 1,987,233 1,950,498

The notes form part of these financial statements

PHILLIPS FRUIT LTD

Balance sheet statements

For the year ending 28 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 23 October 2025
and signed on behalf of the board by:

Name: Brian Phillips
Status: Director

The notes form part of these financial statements

PHILLIPS FRUIT LTD

Notes to the Financial Statements

for the Period Ended 28 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover represents the total invoice value, excluding value added tax, of sales made during the year.

Tangible fixed assets and depreciation policy

Tangible fixed assets are stated at cost or at valuation, less accumulated depreciation. The charge to depreciation is calculated to write off the original cost or valuation of tangible fixed assets, less their estimated residual value, over their expected useful lives as follows: Land and buildings - Straight line over the life of the lease Plant and machinery - 20% reducing balance Fixtures, fittings and equipment - 20% reducing balance The carrying value of tangible fixed assets are reviewed annually for impairment in periods if events or changes in circumstances indicate the carrying value may not be recoverable.

PHILLIPS FRUIT LTD

Notes to the Financial Statements

for the Period Ended 28 October 2024

2. Employees

2024 2023
Average number of employees during the period 17 17

PHILLIPS FRUIT LTD

Notes to the Financial Statements

for the Period Ended 28 October 2024

3. Tangible Assets

Total
Cost £
At 29 October 2023 433,606
Additions 46,163
At 28 October 2024 479,769
Depreciation
At 29 October 2023 265,997
Charge for year 33,039
At 28 October 2024 299,036
Net book value
At 28 October 2024 180,733
At 28 October 2023 167,609

PHILLIPS FRUIT LTD

Notes to the Financial Statements

for the Period Ended 28 October 2024

4. Fixed investments

Investments held as fixed assets are stated at cost less provision for any permanent diminution in value. Income from other investments together with any related tax credit is recognised in the profit and loss account in the year in which it is receivable.