Registration number: 04911359

Healthfresh Properties Limited

Contents

Company Information	1
Balance Sheet	2
Notes to the Unaudited Financial Statements	3 to 9

Healthfresh Properties Limited

Company Information

Directors

B W Kerr R D Arundel

Registered office

Pegasus House Pegasus Road Elsham Wold Ind. Estate Elsham North Lincolnshire DN20 0SQ

Healthfresh Properties Limited

(Registration number: 04911359)
Balance Sheet as at 31 July 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	1,675,681	1,469,338
Investments	5	100	100
		1,675,781	1,469,438
Current assets
Debtors	6	405,540	419,759
Cash at bank and in hand		-	613
		405,540	420,372
Creditors: Amounts falling due within one year	7	(1,512,742)	(1,437,395)
Net current liabilities		(1,107,202)	(1,017,023)
Total assets less current liabilities		568,579	452,415
Creditors: Amounts falling due after more than one year	7	(264,038)	(243,365)
Net assets		304,541	209,050
Capital and reserves
Called up share capital	9	50,000	50,000
Other reserves		667,460	547,710
Profit and loss account		(412,919)	(388,660)
Total equity		304,541	209,050

For the financial year ending 31 July 2025 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 prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 10 December 2025 and signed on its behalf by:
 

......................................... R D Arundel Director

Healthfresh Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

1	General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 04911359.

The address of its registered office is:
Pegasus House
Pegasus Road
Elsham Wold Ind. Estate
Elsham
North Lincolnshire
DN20 0SQ

These financial statements cover the individual entity, Healthfresh Properties Limited.

2	Accounting policies

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 including 102 Section 1A - 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' and the Companies Act 2006 subject to the departure below.

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

Departures from Companies Act requirements

No depreciation has been charged on freehold land and buildings as they are maintained to such a standard that their residual value is not less than their cost. Management have concluded that this does not affect the financial statements from showing a true and fair view. Apart from this departure the company has complied with the relevant accounting standards and legislation.

Going concern

The company is financed by loans from connected companies. These loans are given under no formal agreed repayment terms and no repayment will be demanded in the twelve months from the date of these accounts.

On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis.

Revenue recognition

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

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Healthfresh Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Deferred tax represents the future tax consequences of transactions and events recognised in the financial statements and current and previous periods. It is recognised in respect of all timing differences, with certain exceptions. Timing differences are differences between taxable profits and total comprehensive income as stated in the financial statements that arise from the inclusion of income and expense in tax assessments in periods different from those in which they 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.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date that are expected to apply to the reversal of timing differences. Deferred tax on revalued non-depreciable fixed assets and investment properties is measured using the rates and allowances that apply to the sale of the asset.

Tangible assets

Tangible assets are stated in the statement of financial position 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.

Freehold land and buildings are measured at fair value at each reporting date with changes in fair value recognised in the revaluation reserve. The fair value is based on the estimated open market value with vacant possession.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	25% reducing balance and 2% and 10% straight line
Fixture and fittings	25% reducing balance and 33% straight line
Freehold land and buildings	No depreciation is charged

Investments

Investments in equity shares which are not publicly traded and where fair value cannot be measured reliably are measured at cost less impairment.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Healthfresh Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the Company during the year, including directors, was 2 (2024 - 2).

Healthfresh Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

4	Tangible assets

	Land and buildings £	Fixtures and fittings £	Plant and machinery £	Total £
Cost or valuation
At 1 August 2024	1,320,000	2,823	221,781	1,544,604
Revaluations	160,000	-	-	160,000
Additions	-	-	70,867	70,867
At 31 July 2025	1,480,000	2,823	292,648	1,775,471
Depreciation
At 1 August 2024	-	2,823	72,443	75,266
Charge for the year	-	-	24,524	24,524
At 31 July 2025	-	2,823	96,967	99,790
Carrying amount
At 31 July 2025	1,480,000	-	195,681	1,675,681
At 31 July 2024	1,320,000	-	149,338	1,469,338

The fair value of the company's freehold land and buildings was valued on 31 July 2025 by Savills. The basis of this valuation was current open market value. Had this class of asset been measured on historical cost basis, the cost would have been £828,444 (2024 - £828,444) and the carrying amount would have been £713,520 (2024 - £713,520). The depreciation on this historical cost would have been £114,924 (2024 - £114,924).

Healthfresh Properties Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 July 2025

5	Investments

	2025 £	2024 £
Investments in subsidiaries	100	100