Registration number: 10205772

Roots Greengrocer Ltd

Contents

Company Information	1
Balance Sheet	2
Statement of Changes in Equity	3
Notes to the Unaudited Financial Statements	4 to 10

Roots Greengrocer Ltd

Company Information

Director

Mr Alessandro D'Aprano

Registered office

92 Perinville Road Torquay Devon TQ1 3PB

Accountants

Neil Wilson Accountancy Limited Bank Chambers 260-262 Union Street Torquay Devon TQ2 5QU

Roots Greengrocer Ltd

(Registration number: 10205772)
Balance Sheet as at 31 May 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	25,569	33,823
Current assets
Stocks	5	45,000	60,000
Debtors	6	273,754	279,595
Cash at bank and in hand		162,166	54,028
		480,920	393,623
Creditors: Amounts falling due within one year	7	(305,570)	(280,729)
Net current assets		175,350	112,894
Total assets less current liabilities		200,919	146,717
Provisions for liabilities		(60,392)	(9,048)
Net assets		140,527	137,669
Capital and reserves
Called up share capital	8	2	2
Retained earnings		140,525	137,667
Shareholders' funds		140,527	137,669

For the financial year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's 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 director acknowledges his 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 20 November 2025
 

......................................... Mr Alessandro D'Aprano Director

Roots Greengrocer Ltd

Statement of Changes in Equity for the Year Ended 31 May 2025

	Share capital £	Retained earnings £	Total £
At 1 June 2024	2	137,667	137,669
Profit for the year	-	34,858	34,858
Dividends	-	(32,000)	(32,000)
At 31 May 2025	2	140,525	140,527

	Share capital £	Retained earnings £	Total £
At 1 June 2023	2	137,591	137,593
Profit for the year	-	55,076	55,076
Dividends	-	(55,000)	(55,000)
At 31 May 2024	2	137,667	137,669

Roots Greengrocer Ltd

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

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
92 Perinville Road
Torquay
Devon
TQ1 3PB

These financial statements were authorised for issue by the director on 20 November 2025.

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 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

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.

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.

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 current and 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Roots Greengrocer Ltd

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

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 reporting date and that are expected to apply to the reversal of the timing difference.

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.

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
Motor vehicles	10% straight line basis
Plant and Machinery	25% reducing balance
Shortleasehold proeprty	25% straight line basis
Office equipment	25% reducing balance

Goodwill

Goodwill arising on the acquisition of an entity represents the excess of the cost of acquisition over the company’s interest in the net fair value of the identifiable assets, liabilities and contingent liabilities of the entity recognised at the date of acquisition. Goodwill is initially recognised as an asset at cost and is subsequently measured at cost less accumulated amortisation and accumulated impairment losses. Goodwill is held in the currency of the acquired entity and revalued to the closing rate at each reporting period date. Goodwill is amortised over its useful life, which shall not exceed ten years if a reliable estimate of the useful life cannot be made.

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Goodwill	20% straight line basis

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.

Roots Greengrocer Ltd

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

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 initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, 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.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

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 initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

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.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

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.

Roots Greengrocer Ltd

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

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.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 8 (2024 - 7).

4	Tangible assets

	Land and buildings £	Furniture, fittings and equipment  £	Motor vehicles  £	Other tangible assets £
Cost or valuation
At 1 June 2024	48,549	2,014	33,933	48,827
Additions	-	1,135	-	3,700
At 31 May 2025	48,549	3,149	33,933	52,527
Depreciation
At 1 June 2024	45,514	713	24,952	28,321
Charge for the year	3,035	609	3,393	6,052
At 31 May 2025	48,549	1,322	28,345	34,373
Carrying amount
At 31 May 2025	-	1,827	5,588	18,154
At 31 May 2024	3,035	1,301	8,981	20,506

Roots Greengrocer Ltd

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

	Total £
Cost or valuation
At 1 June 2024	133,323
Additions	4,835
At 31 May 2025	138,158
Depreciation
At 1 June 2024	99,500
Charge for the year	13,089
At 31 May 2025	112,589
Carrying amount
At 31 May 2025	25,569
At 31 May 2024	33,823

Included within the net book value of land and buildings above is £Nil (2024 - £3,035) in respect of short leasehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Other inventories	45,000	60,000

6

Debtors

Current	2025 £	2024 £
Trade debtors	272,062	275,144
Other debtors	1,692	4,451
	273,754	279,595

Roots Greengrocer Ltd

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

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	17,517	20,221
Trade creditors		52,903	63,184
Taxation and social security		71,069	83,247
Accruals and deferred income		3,000	2,700
Other creditors		161,081	111,377
		305,570	280,729

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary £1 Share of £1 each	2	2	2	2

9	Loans and borrowings

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	17,517	20,221

10

Dividends

		2025		2024
		£		£
Interim dividend of £16,000.00 (2024 - £27,500.00) per ordinary share		32,000		55,000

Roots Greengrocer Ltd

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

11	Related party transactions

Transactions with the director

2025

At 1 June 2024 £

Advances to director £

At 31 May 2025 £

2024

At 1 June 2023 £

Repayments by director £

At 31 May 2024 £

Director's remuneration

The director's remuneration for the year was as follows:

	2025 £	2024 £
Remuneration	12,570	12,570
Contributions paid to money purchase schemes	54,000	-
	66,570	12,570

Dividends paid to the director

		2025 £		2024 £
Mr Alessandro D'Aprano
Interim dividend paid		-		27,500