| Fruit Developments Limited |
| Registered number: |
05969029 |
| Balance Sheet |
| as at 30 September 2025 |
|
| Notes |
|
|
2025 |
|
|
2024 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
3,329,875 |
|
|
3,551,140 |
|
| Current assets |
| Stocks |
|
|
340,435 |
|
|
- |
| Debtors |
4 |
|
17,777 |
|
|
21,784 |
| Cash at bank and in hand |
|
|
179,517 |
|
|
50,571 |
|
|
|
537,729 |
|
|
72,355 |
|
| Creditors: amounts falling due within one year |
5 |
|
(712,671) |
|
|
(758,618) |
|
| Net current liabilities |
|
|
|
(174,942) |
|
|
(686,263) |
|
| Total assets less current liabilities |
|
|
|
3,154,933 |
|
|
2,864,877 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(1,708,905) |
|
|
(1,555,221) |
|
| Provisions for liabilities |
|
|
|
(225,839) |
|
|
(217,895) |
|
|
| Net assets |
|
|
|
1,220,189 |
|
|
1,091,761 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
1 |
|
|
1 |
| Revaluation reserve |
8 |
|
|
750,101 |
|
|
726,890 |
| Profit and loss account |
|
|
|
470,087 |
|
|
364,870 |
|
| Shareholder's funds |
|
|
|
1,220,189 |
|
|
1,091,761 |
|
|
|
|
|
|
|
|
| The director is satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The member has not required the company to obtain an audit in accordance with section 476 of the Act. |
| The director acknowledges his responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| N J Mander |
| Director |
| Approved by the board on 2 June 2026 |
|
| Fruit Developments Limited |
| Notes to the Accounts |
| for the year ended 30 September 2025 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention as modified by the revaluation of investment properties and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Turnover |
|
Turnover represents rental income received during the year. |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Motor vehicles |
over 4 years |
|
|
Investment prpoerties |
|
The investment properties are revalued annually by the directors at fair value. Any surplus or deficit on revaluation is recognised in the profit or loss in the year they occur and are then transferred to the revaluation reserve.
No depreciation is provided in respect of the investment properties.
|
|
|
Stocks |
|
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised. |
|
|
Taxation |
|
A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted. |
|
|
| 2 |
Employees |
2025 |
|
2024 |
| Number |
Number |
|
|
Average number of persons employed by the company |
1 |
|
1 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Investment properties |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 October 2024 |
3,531,165 |
|
20,400 |
|
3,551,565 |
|
Additions |
1,000 |
|
- |
|
1,000 |
|
Surplus on revaluation |
31,677 |
|
- |
|
31,677 |
|
Disposals |
(248,842) |
|
- |
|
(248,842) |
|
At 30 September 2025 |
3,315,000 |
|
20,400 |
|
3,335,400 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 October 2024 |
- |
|
425 |
|
425 |
|
Charge for the year |
- |
|
5,100 |
|
5,100 |
|
At 30 September 2025 |
- |
|
5,525 |
|
5,525 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 30 September 2025 |
3,315,000 |
|
14,875 |
|
3,329,875 |
|
At 30 September 2024 |
3,531,165 |
|
19,975 |
|
3,551,140 |
|
|
|
|
|
|
|
|
|
|
|
Investment properties: |
2025 |
|
2024 |
| £ |
£ |
|
Historical cost |
2,339,349 |
|
2,587,191 |
|
Cumulative depreciation based on historical cost |
- |
|
- |
|
|
|
|
|
|
2,339,349 |
|
2,587,191 |
|
The investment properties have been stated at £3,315,000 (2024 - £3,531,165) which in the opinion of the director is at fair value. |
|
|
| 4 |
Debtors |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade debtors |
12,550 |
|
15,961 |
|
Other debtors |
5,227 |
|
5,823 |
|
|
|
|
|
|
17,777 |
|
21,784 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Trade creditors |
4,732 |
|
1,863 |
|
Taxation and social security costs |
38,878 |
|
25,355 |
|
Other creditors |
669,061 |
|
731,400 |
|
|
|
|
|
|
712,671 |
|
758,618 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2025 |
|
2024 |
| £ |
£ |
|
|
Bank loans |
1,708,905 |
|
1,555,221 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Loans |
2025 |
|
2024 |
| £ |
£ |
|
Creditors include: |
|
Amounts payable otherwise than by instalment falling due for payment after more than five years |
|
1,708,905 |
|
1,555,221 |
|
|
|
|
|
|
1,708,905 |
|
1,555,221 |
|
|
|
|
|
|
|
|
|
|
|
Secured bank loans |
1,708,905 |
|
1,555,221 |
|
|
|
|
|
|
|
|
|
|
The loans are secured on the investment properties. |
|
|
| 8 |
Revaluation reserve |
2025 |
|
2024 |
| £ |
£ |
|
|
At 1 October 2024 |
726,890 |
|
634,142 |
|
Gain on revaluation of investment properties |
31,677 |
|
123,664 |
|
Deferred taxation arising on the revaluation of investment properties |
(8,466) |
|
(30,916) |
|
|
At 30 September 2025 |
750,101 |
|
726,890 |
|
|
|
|
|
|
|
|
|
|
| 9 |
Other information |
|
|
Fruit Developments Limited is a private company limited by shares and incorporated in England. Its registered office is: |
|
Grange House |
|
112 Weston Road |
|
Long Ashton, Bristol |
|
Avon |
|
BS41 9BZ |