REGISTERED NUMBER: 05998302 (England and Wales)

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

FRESH MOVE LTD

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs F Gardner

Mr J B Gardner

REGISTERED OFFICE:

Dean Clarke House

Southernhay East

Exeter

Devon

EX1 1AP

REGISTERED NUMBER:

05998302 (England and Wales)

ACCOUNTANTS:

Marsland Nash Associates

Chartered Tax Advisers, Accountants

and Business Consultants

Vantage Point House

Silverhills Road

Decoy Industrial Estate

Newton Abbot

Devon

TQ12 5ND

BANKERS:

Arbuthnot Latham

Arbuthnot House

7 Wilson Street

London

EC2M 2SN

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

18,522

22,748

18,522

22,748

CURRENT ASSETS

Debtors

6

79,537

52,834

Cash at bank

44,778

69,586

124,315

122,420

CREDITORS

Amounts falling due within one year

7

107,992

112,697

NET CURRENT ASSETS

16,323

9,723

TOTAL ASSETS LESS CURRENT LIABILITIES

34,845

32,471

CREDITORS

Amounts falling due after more than one year

8

(7,798

)

(18,009

)

PROVISIONS FOR LIABILITIES

(3,980

)

(4,628

)

NET ASSETS

23,067

9,834

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

22,067

8,834

SHAREHOLDERS' FUNDS

23,067

9,834

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

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 Board of Directors and authorised for issue on 24 October 2025 and were signed on its behalf by:

Mrs F Gardner - Director

1.	STATUTORY INFORMATION

Fresh Move Ltd 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, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Improvements to property

-

15% on reducing balance

Plant and machinery

-

20% on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

25% on cost

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

35,000

AMORTISATION

At 1 April 2024

and 31 March 2025

35,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

to

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

23,909

20,877

19,022

4,699

68,507

Additions

-

-

-

125

125

Disposals

-

-

(9,511

)

-

(9,511

)

At 31 March 2025

23,909

20,877

9,511

4,824

59,121

DEPRECIATION

At 1 April 2024

4,782

18,900

17,443

4,634

45,759

Charge for year

2,869

397

198

97

3,561

Eliminated on disposal

-

-

(8,721

)

-

(8,721

)

At 31 March 2025

7,651

19,297

8,920

4,731

40,599

NET BOOK VALUE

At 31 March 2025

16,258

1,580

591

93

18,522

At 31 March 2024

19,127

1,977

1,579

65

22,748

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Amounts owed by associates

62,843

49,719

Directors' current accounts

16,694

3,115

79,537

52,834

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,407

10,241

Trade creditors

-

721

Amounts owed to associates

33,300

23,073

Tax

9,605

6,784

Social security and other taxes

-

820

VAT

11,687

6,152

Other creditors

40,511

62,272

Accrued expenses

2,482

2,634

107,992

112,697

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

7,798

18,009

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the year ended 31 March 2025 and the period ended 31 March 2024:

2025

2024

£

£

Mrs F Gardner

Balance outstanding at start of year

1,557

3,646

Amounts advanced

26,644

8,888

Amounts repaid

(19,854

)

(10,977

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,347

1,557

Mr J B Gardner

Balance outstanding at start of year

1,558

3,646

Amounts advanced

28,364

8,530

Amounts repaid

(21,575

)

(10,618

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,347

1,558

Loan interest free and repayable on demand.

10.	RELATED PARTY DISCLOSURES

During the year, total dividends of £20,000 (2024 - £20,000) were paid to the directors .

During the period the company was owed from Fresh Escapes Ltd, a company Mrs Fiona Gardner & Mr James Gardner are also Directors of, an amount of £62,843 (2024: £49,719).

The amount owing to Dart Valley Cottages Ltd, a company Mrs Fiona Gardner & Mr James Gardner are also Directors of, was an amount of £33,300 (2024: £23,073).

The loans are unsecured, interest free and repayable on demand.

11.	GOVERNMENT GUARANTEED LOAN

The bank loan of £18,205 (2024: £28,251) is a COVID-19 Bounce Back Loan guaranteed by the government. Term runs to December 2026.