Company Registration No. 12616797 (England and Wales)
MyFreshCo Limited
Unaudited accounts
for the year ended 31 May 2025
MyFreshCo Limited
Statement of financial position
as at 31 May 2025
Tangible assets
107,490
133,024
Cash at bank and in hand
5,194
11,633
Creditors: amounts falling due within one year
(245,006)
(298,687)
Net current liabilities
(52,033)
(130,800)
Total assets less current liabilities
55,457
2,224
Creditors: amounts falling due after more than one year
(38,760)
(68,205)
Net assets/(liabilities)
16,697
(65,981)
Called up share capital
33
33
Profit and loss account
16,664
(66,014)
Shareholders' funds
16,697
(65,981)
For the 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. 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.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 31 May 2026 and were signed on its behalf by
Rishwant Bhinder
Director
Company Registration No. 12616797
MyFreshCo Limited
Notes to the Accounts
for the year ended 31 May 2025
MyFreshCo Limited is a private company, limited by shares, registered in England and Wales, registration number 12616797. The registered office is Unit Y4 Claybrook Court, Herald Way, Binley Industrial Estate, Coventry, CV3 2NY.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Plant & machinery
20% straight line
Motor vehicles
10% straight line
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
MyFreshCo Limited
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Plant & machinery
Motor vehicles
Total
Cost or valuation
At cost
At cost
At 1 June 2024
59,816
135,710
195,526
At 31 May 2025
59,816
135,710
195,526
At 1 June 2024
33,761
28,741
62,502
Charge for the year
11,963
13,571
25,534
At 31 May 2025
45,724
42,312
88,036
At 31 May 2025
14,092
93,398
107,490
At 31 May 2024
26,055
106,969
133,024
Amounts falling due within one year
Trade debtors
129,853
97,430
Accrued income and prepayments
12,570
12,570
6
Creditors: amounts falling due within one year
2025
2024
Obligations under finance leases and hire purchase contracts
18,275
18,275
Trade creditors
55,500
88,505
Taxes and social security
13,119
4,400
Other creditors
29,764
67,073
Loans from directors
127,348
119,434
7
Creditors: amounts falling due after more than one year
2025
2024
Obligations under finance leases and hire purchase contracts
38,760
56,259
Amount due to Rishwant Bhinder at the year is £120,443 (2024: 112,529)
Amount due to Harsharan Bhinder at the year is £6,905 (2024: £6,905)
MyFreshCo Limited
Notes to the Accounts
for the year ended 31 May 2025
9
Average number of employees
During the year the average number of employees was 10 (2024: 8).