ACCOUNTS - Final Accounts preparation

Registered number: 15352336

SUSSEX GROWN LIMITED

UNAUDITED

FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024


SUSSEX GROWN LIMITED REGISTERED NUMBER:15352336

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024
Note		£

Fixed assets
Tangible assets	4		64,557
			64,557
Current assets
Debtors: amounts falling due within one year	5	100
		100
Creditors: amounts falling due within one year	6	(76,506)
Net current (liabilities)/assets			(76,406)
Net (liabilities)/assets			(11,849)

Capital and reserves
Called up share capital			100
Profit and loss account			(11,949)
			(11,849)

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the Period in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 12 December 2025.

M El Shami

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1


SUSSEX GROWN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

1.	General information

Sussex Grown Limited (company number 15352336) is a private company limited by shares and incorporated in England. Its registered office is Harwood House, 43 Harwood Road, London, SW6 4QP.

2.Accounting policies

2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, using the straight-line method.

Depreciation is provided on the following basis:

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

2.3

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

2.4

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Employees

The average monthly number of employees, including directors, during the Period was 2.

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SUSSEX GROWN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

4.	Tangible fixed assets

		Biological Assets
		£
	Cost or valuation
	Additions	64,557
	At 31 December 2024	64,557

	Net book value
	At 31 December 2024	64,557

The asset comprises of trees, groundwork and associated development costs. In accordance with FRS 102, depreciation commences when an asset is available for use, meaning it is in the condition necessary for it to be capable of operating in the manner intended by management. As the trees have not yet begun to produce fruit and is therefore not considered to be available for use, no depreciation has been charged. Depreciation will begin when the orchard starts to yield fruit and is capable of operating as intended.

Debtors

					2024
					£


	Called up share capital not paid	100

6.	Creditors: amounts falling due within one year
		2024
		£

	Amounts owed to group undertakings	75,006
	Accruals and deferred income	1,500
		76,506

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SUSSEX GROWN LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE PERIOD ENDED 31 DECEMBER 2024

7.	Share capital
		2024
		£

		Allotted, called up and fully paid

		100 Ordinary shares shares of £1.00 each	100

On incorporation, 100 ordinary shares where issued at par value of £1.00 per share.

8.	Related party transactions
	Included in other creditors is a loan from HMA Advisory Ltd of £75,006. This loan is interest free and repayable on demand,

9.	Controlling party

The ultimate controlling party is M El Shami and M Alhashimy by virtue of their shareholding in HMA Group Holding Limited.

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