Everyday Produce Limited

	Page
Company Information	1
Strategic Report	2
Directors' Report	3—4
Independent Auditor's Report	5—7
Statement of Comprehensive Income	8
Balance Sheet	9
Statement of Changes in Equity	10
Statement of Cash Flows	11
Notes to the Statement of Cash Flows	12
Notes to the Financial Statements	13—20

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Strategic Report

For The Year Ended 31 August 2025

Strategic Report

The directors present their strategic report for the year ended 31 August 2025.

Review of the Business

The directors are satisfied with the Company's performance during the year. The Company continued to supply fresh produce to its established customer base and maintained its focus on quality, reliability and customer service.

Trading conditions remained competitive throughout the year, with continued pressure on operating costs, including transportation, labour and supplier pricing. Despite these challenges, the Company continued to strengthen relationships with customers and suppliers and seeks to maintain a sustainable and profitable business model.

The directors continue to monitor market conditions closely and remain focused on operational efficiency, service quality and opportunities for future growth.

Principal Risks and Uncertainties

The Company is exposed to a number of business risks and uncertainties which could affect its performance and financial position. The principal risks include:

Supply chain risk – disruption to the availability of produce due to adverse weather conditions, crop failures, transportation issues or supplier difficulties.

Cost inflation – increases in the cost of produce, labour and other operating expenses which may impact profitability.

Customer concentration and credit risk – the risk of customer payment delays or bad debts and the potential impact of losing significant customers.

Food safety and regulatory compliance – the need to comply with food safety, hygiene and other relevant legislation, with any failure potentially affecting reputation and operations.

Competition – strong competition within the produce sector may place pressure on margins and market share.

The directors regularly review these risks and implement appropriate measures to mitigate their potential impact on the Company's activities.

On behalf of the board

Raajev Thakrar Director	Viraaj Thakrar Director
27 August 2026

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Everyday Produce Limited

Company No. 07003090

Directors' Report For The Year Ended 31 August 2025

Directors' Report

The directors present their report and the financial statements for the year ended 31 August 2025.

Principal Activity

The company's principal activity continues to be that of wholesale distribution and supply of fresh fruit, vegetables and other produce to commercial and retail customers throughout the United Kingdom. There were no significant changes in the nature of the Company's activities during the year.

Future Developments

The directors intend to continue the Company's principal activity of supplying and distributing fresh produce to its customer base throughout the United Kingdom. The Company will continue to focus on maintaining high standards of customer service, strengthening supplier relationships and improving operational efficiency.

The directors will monitor market conditions closely and seek opportunities for sustainable growth while managing costs and maintaining profitability. No significant changes to the nature of the Company's business are currently anticipated.

Dividends

No dividends were declared or paid during the year (2024: £Nil). The Directors do not recommend the payment of a final dividend in respect of the year ended 31 August 2025. (2024: £Nil).

Directors

The directors who held office during the year were as follows:

Raajev Thakrar

Viraaj Thakrar

Statement of Directors' Responsibilities

The directors are responsible for preparing the Strategic Report, the Directors' Report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards, comprising FRS102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing the financial statements the directors are required to:

select suitable accounting policies and then apply them consistently;
make judgments and accounting estimates that are reasonable and prudent;
state whether applicable United Kingdom Accounting Standards, comprising FRS102, have been followed subject to any material departures disclosed and explained in the financial statements;
prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

The directors are responsible for the maintenance and integrity of the corporate and financial information included on the company's website. Legislation in the United Kingdom governing the preparation and dissemination of financial statements may differ from legislation in other jurisdictions.

Statement of Disclosure of Information to Auditors

In the case of each director in office at the date the Directors' Report is approved:

so far as the director is aware, there is no relevant audit information of which the company's auditors are unaware; and
they have taken all the steps that they ought to have taken as directors in order to make themselves aware of any relevant audit information and to establish that the company's auditors are aware of that information.

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Everyday Produce Limited

Directors' Report (continued)

For The Year Ended 31 August 2025

Independent Auditors

The auditors, The Corporate Practice Limited, have indicated their willingness to continue in office and a resolution concerning their re-appointment will be proposed at the Annual General Meeting.

On behalf of the board

Raajev Thakrar Director	Viraaj Thakrar Director
27 August 2026

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Independent Auditor's Report

to the Members of

Everyday Produce Limited

Independent Auditor's Report

Opinion

We have audited the financial statements of Everyday Produce Limited for the year ended 31 August 2025 which comprise the Statement of Comprehensive Income, Balance Sheet, Statement of Changes of Equity, Cash Flow Statement and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

In our opinion the financial statements:

give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the year then ended;
have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and
have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for Opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions Relating to Going Concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the entity's ability to continue as a going concern for a period of at least 12 months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Other Information

The other information comprises the information included in the annual report, other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on Other Matters Prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

the information given in the Strategic Report and Directors' Report for the financial year for which the financial statements are prepared is consistent with the financial statements; and
the Strategic Report and Directors' Report have been prepared in accordance with applicable legal requirements.

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Independent Auditor's Report (continued)

to the Members of

Everyday Produce Limited

Matters on Which We Are Required to Report by Exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic Report or the Directors' Report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or
the financial statements are not in agreement with the accounting records or returns; or
certain disclosures of directors' remuneration specified by law are not made; or
we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the Directors' Responsibilities Statement set out on page 3—4, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditor's Responsibilities for the Audit of the Financial Statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement, and the extent to which they are capable of detecting irregularities, including fraud, are described below.

Based on our understanding of the company and its industry, we identified that the principal risks of non-compliance with laws and regulations related to the Companies Act 2006 and UK taxation legislation. We considered the extent to which non-compliance with these laws and regulations might have a material effect on the financial statements and performed risk assessment procedures accordingly.

The engagement partner ensured that the audit team collectively possessed the appropriate competence, capabilities and skills to identify or recognise potential non-compliance with laws and regulations and indicators of fraud.

Our audit procedures included enquiries of management regarding known or suspected instances of non-compliance with laws and regulations and fraud, review of relevant correspondence with regulators, and assessment of compliance with applicable laws and regulations.

We addressed the risk of management override of controls by testing the appropriateness of journal entries and evaluating significant or unusual transactions outside the normal course of business. We also performed procedures in response to the risk of inappropriate revenue recognition, including year-end cut-off testing. In addition, we assessed whether accounting estimates and judgements indicated potential management bias.

Owing to the inherent limitations of an audit, there is an unavoidable risk that material misstatements may not be detected, even though the audit is properly planned and performed in accordance with ISAs (UK). The risk of not detecting a material misstatement resulting from fraud is higher than for one resulting from error, as fraud may involve collusion, forgery, intentional omissions, misrepresentations or the override of internal controls.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

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Independent Auditor's Report (continued)

to the Members of

Everyday Produce Limited

Use Of Our Report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters that we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Devender Arora, FCA (Senior Statutory Auditor)

for and on behalf of The Corporate Practice Limited , Statutory Auditor

27 August 2026

The Corporate Practice Limited

Chartered Accountants and Statutory Auditors

65 Delamere Road

Hayes

Middlesex

UB4 0NN

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Everyday Produce Limited

Statement of Comprehensive Income

For The Year Ended 31 August 2025

Statement of Comprehensive Income

		2025	2024
	Notes	£	£
TURNOVER	3	15,015,407	13,524,229
Cost of sales		(13,590,495 )	(12,011,085 )

GROSS PROFIT		1,424,912	1,513,144

Distribution costs		(32,873 )	(38,615 )
Administrative expenses		(541,055 )	(265,130 )
Other operating income		42,225	38,981

OPERATING PROFIT	5	893,209	1,248,380
Loss on disposal of fixed asset investments		-	(54)
Profit on disposal of current asset investments		1,611	-
Other interest receivable and similar income	9	3,142	-
Interest payable and similar charges	10	(40,511 )	(55,635 )

PROFIT BEFORE TAXATION		857,451	1,192,691
Tax on Profit	11	(239,638 )	(300,383 )

PROFIT AFTER TAXATION BEING PROFIT FOR THE FINANCIAL YEAR		617,813	892,308
OTHER COMPREHENSIVE INCOME FOR THE YEAR		-	-

TOTAL COMPREHENSIVE INCOME FOR THE YEAR		617,813	892,308

The notes on pages 12 to 20 form part of these financial statements.

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Everyday Produce Limited

Balance Sheet

As At 31 August 2025

Balance Sheet

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible assets	12		966,036		975,609
Investments-Other	13		9,293		9,293

			975,329		984,902
CURRENT ASSETS
Stocks	14	119,019		81,465
Debtors	15	5,404,786		4,119,059
Investments	16	672,799		657,609
Cash at bank and in hand		278,246		292,081

		6,474,850		5,150,214
Creditors: Amounts Falling Due Within One Year	17	(2,850,258 )		(2,094,009 )

NET CURRENT ASSETS (LIABILITIES)			3,624,592		3,056,205

TOTAL ASSETS LESS CURRENT LIABILITIES			4,599,921		4,041,107

Creditors: Amounts Falling Due After More Than One Year	18		(414,075 )		(496,526 )

PROVISIONS FOR LIABILITIES
Deferred Taxation	20		(23,452 )		-

NET ASSETS			4,162,394		3,544,581

CAPITAL AND RESERVES
Called up share capital	22		100		100
Profit and Loss Account			4,162,294		3,544,481

SHAREHOLDERS' FUNDS			4,162,394		3,544,581

On behalf of the board

Raajev Thakrar Director	Viraaj Thakrar Director
27 August 2026

The notes on pages 12 to 20 form part of these financial statements.

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Everyday Produce Limited

Statement of Changes in Equity

For The Year Ended 31 August 2025

Statement of Changes in Equity

	Share Capital	Profit and Loss Account	Total
	£	£	£
As at 1 September 2023	100	2,652,173	2,652,273
Profit for the year and total comprehensive income	-	892,308	892,308

As at 31 August 2024 and 1 September 2024	100	3,544,481	3,544,581


Profit for the year and total comprehensive income	-	617,813	617,813

As at 31 August 2025	100	4,162,294	4,162,394

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Everyday Produce Limited

Statement of Cash Flows

For The Year Ended 31 August 2025

Statement of Cash Flows

		2025	2024
	Notes	£	£
Cash flows from operating activities
Net cash generated from operations	1	346,792	1,171,680
Interest paid		(40,511 )	(55,635 )
Tax paid		(216,186 )	(300,383 )

Net cash generated from operating activities		90,095	815,662

Cash flows from investing activities
Purchase of tangible assets		(13,364 )	(56,215 )
Proceeds from disposal of other fixed asset investments		-	(54 )
Purchase of current asset investments		(13,579 )	(657,609 )
Interest received		3,142	-

Net cash used in investing activities		(23,801 )	(713,878 )

Cash flows from financing activities
Repayment of bank borrowings		(82,451 )	(80,570 )
Amount introduced by directors		2,322	8,460

Net cash used in financing activities		(80,129 )	(72,110 )



(Decrease)/increase in cash and cash equivalents		(13,835 )	29,674
Cash and cash equivalents at beginning of year	2	292,081	262,407

Cash and cash equivalents at end of year	2	278,246	292,081

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Everyday Produce Limited

Notes to the Statement of Cash Flows

For The Year Ended 31 August 2025

Notes to the Statement of Cash Flows

1. Reconciliation of profit for the financial year to cash generated from operations

	2025	2024
	£	£
Profit for the financial year	617,813	892,308
Adjustments for:
Tax on profit	239,638	300,383
Interest expense	40,511	55,635
Interest income	(3,142 )	-
Depreciation of tangible assets	22,937	24,463
Loss on disposal of fixed asset investments	-	54
Profit on disposal of current asset investments	(1,611)	-
Movements in working capital:
Increase in stocks	(37,554 )	(5,410 )
Increase in trade and other debtors	(1,285,727 )	(432,400 )
Increase in trade and other creditors	753,927	336,647

Net cash generated from operations	346,792	1,171,680

2. Cash and cash equivalents

Cash and cash equivalents, as stated in the Statement of Cash Flows, relates to the following items in the Balance Sheet:

	2025	2024
	£	£
Cash at bank and in hand	278,246	292,081

3. Analysis of changes in net debt

	As at 1 September 2024	Cash flows	As at 31 August 2025
	£	£	£
Cash at bank and in hand	292,081	(13,835)	278,246
Debts falling due after more than one year	(496,526)	82,451	(414,075)

	(204,445)	68,616	(135,829)

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Everyday Produce Limited

Notes to the Financial Statements

For The Year Ended 31 August 2025

Notes to the Financial Statements

1. General Information

Everyday Produce Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07003090 . The registered office is 40-42 Standard Road, Park Royal, London, NW10 6EU.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant, Machinery and Equipments etc	25%
Motor Vehicles	20%

2.4. Investment Properties

All investment properties are carried at fair value determined annually and derived from the current market rents and investment property yields for comparable real estate, adjusted if necessary for any difference in the nature, location or condition of the specific asset. No depreciation is provided for. Changes in fair value are recognised in the profit and loss account.

2.5. Investments

Fixed asset Investment

Fixed asset investments are initially recognised at cost, including directly attributable acquisition costs. Subsequently, they are measured at cost less impairment. The carrying amount of investments is reviewed at each reporting date to determine whether there is any indication of impairment.

Current asset Investment

Current asset investments comprise investments held for resale and are not intended to be held on a continuing basis. Investments are initially recognised at cost and subsequently measured at fair value at each reporting date, with gains and losses recognised in profit or loss.

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks.

Cost is determined using the first-in, first-out method. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Work in progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

At the end of each reporting period stocks are assessed for impairment. If an item of stock is impaired, the identified stock is reduced to its selling price less costs to complete and sell and an impairment charge is recognised in the profit and loss account. Where a reversal of the impairment is required the impairment charge is reversed, up to the original impairment loss, and is recognised as a credit in the profit and loss account.

2.7. Cash and Cash Equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks, other short-term highly liquid investments that mature in no more than three months from the date of acquisition and are readily convertible to a known amount of cash with insignificant risk of change in value, and bank overdrafts.

2.8. Financial Instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

2.9. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

3. Turnover

Analysis of turnover by class of business is as follows:

	2025	2024
	£	£
Supply and distribution of fresh fruits and vegetables	15,015,407	13,524,229

4. Other Operating Income

	2025	2024
	£	£
Rental income	42,225	37,040
Other operating income	-	1,941

	42,225	38,981

5. Operating Profit

The operating profit is stated after charging:

	2025	2024
	£	£
Bad debts	760	6,020
Depreciation of tangible fixed assets	22,937	24,463

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

6. Auditor's Remuneration

Remuneration received by the company's auditors and their associates during the year was as follows:

	2025	2024
	£	£
Audit Services
Audit of the company's financial statements	7,400	-


Other Services
Benefits in kind	1,500	-

7. Staff Costs

Staff costs, including directors' remuneration, were as follows:

	2025	2024
	£	£
Wages and salaries	167,245	64,225
Social security costs	11,602	-

	178,847	64,225

8. Average Number of Employees

Average number of employees, including directors, during the year was: 6 (2024: 4)

9. Interest Receivable and Similar Income

	2025	2024
	£	£
Bank interest receivable	3,092	-
Other Interest	50	-

	3,142	-

10. Interest Payable and Similar Charges

	2025	2024
	£	£
Interest on bank loans	40,511	49,812
Other finance charges	-	5,823

	40,511	55,635

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

11. Tax on Profit

The tax charge on the profit for the year was as follows:

	Tax Rate		2025	2024
	2025	2024	£	£
Current tax
UK Corporation Tax	25.0%	25.0%	216,186	300,383
Deferred Tax
Origination and reversal of timing differences			23,452	-


Total tax charge for the period			239,638	300,383

The actual charge for the year can be reconciled to the expected charge for the year based on the profit and the standard rate of corporation tax as follows:

	2025	2024
	£	£
Profit before tax	857,451	1,192,691

Tax on profit at 25% (UK standard rate)	214,363	298,173
Goodwill/depreciation not allowed for tax	5,734	6,116
Expenses not deductible for tax purposes	-	13
Capital allowances	(3,911 )	(3,919 )
Short term timing differences	23,452	-

Total tax charge for the period	239,638	300,383

12. Tangible assets

	Investment Properties	Plant, Machinery and Equipments etc	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 September 2024	861,844	130,716	59,635	1,052,195
Additions	-	13,364	-	13,364

As at 31 August 2025	861,844	144,080	59,635	1,065,559

Depreciation
As at 1 September 2024	-	55,117	21,469	76,586
Provided during the period	-	15,304	7,633	22,937

As at 31 August 2025	-	70,421	29,102	99,523

Net Book Value
As at 31 August 2025	861,844	73,659	30,533	966,036

As at 1 September 2024	861,844	75,599	38,166	975,609

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

13. Investments-Other

	Other
	£
Cost or Valuation
As at 1 September 2024	9,293

As at 31 August 2025	9,293

Provision
As at 1 September 2024	-

As at 31 August 2025	-

Net Book Value
As at 31 August 2025	9,293

As at 1 September 2024	9,293

14. Stocks

	2025	2024
	£	£
Stock	119,019	81,465

15. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	2,657,419	1,929,848
Other debtors	276,859	53,704
Amounts owed by related undertakings	2,470,508	2,135,507

	5,404,786	4,119,059

16. Current Asset Investments

	2025	2024
	£	£
Other investments, held for sale	672,799	657,609

These other investments relates to company's Investment made in classic cars.

17. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	2,257,820	1,532,272
Other creditors	43,813	26,371
Taxation and social security	539,725	535,366
Accruals and deferred income	8,900	-

	2,850,258	2,094,009

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

18. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Bank loans	414,075	496,526

Of the creditors falling due after more than one year the following amounts are due after more than five years.

	2025		2024
	£		£
Bank loans	253,777		253,777

19. Loans

An analysis of the maturity of loans is given below:

	2025	2024
	£	£
Amounts falling due between one and five years:
Bank loans	160,298	242,749

	2025	2024
	£	£
Amounts falling due after more than five years:
Bank loans	253,777	253,777

The loans are repayable by instalments, bear interest at commercial rates prevailing from time to time and are secured by fixed and floating charges over the assets and undertaking of the company together with legal charges over certain freehold properties owned by the company.

20. Deferred Taxation

The provision for deferred tax is made up as follows:

	2025	2024
	£	£
Other timing differences	23,452	-

21. Provisions for Liabilities


	Deferred Tax	Total
	£	£
Origination and reversal of timing differences	23,452	23,452

Balance at 31 August 2025	23,452	23,452

22. Share Capital

	2025	2024
Allotted, called up and fully paid	£	£
100 Ordinary Shares of £ 1.00 each	100	100

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Everyday Produce Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

23. Related Party Disclosures

Transactions during the year:

During the year, the company had the following transactions with undertakings under common control of the directors:

Management consultancy fees paid: £48,000
Sale of goods: £7,937,557
Purchase of goods: £250,029
Rent paid: £6,000

Amounts outstanding at year end

Amounts due from related undertakings arising from trading transactions amounted to £1,932,741 (2024: £1,077,717) and amounts due to related undertakings arising from trading transactions amounted to £147,393 (2024: £Nil). The balances are included within Trade debtors and creditors respectively.

Amounts due from undertakings under common control of the directors, other than balances arising in the normal course of trade, amounted to £2,470,508 (2024: £2,135,507). The balances are unsecured, interest-free and repayable on demand.

Amounts due to related undertakings in respect of management consultancy fees amounted to £48,000 (2024: Nil).

All transactions were undertaken in the normal course of business and at amounts agreed between the parties.

24. Controlling Parties

The company has no controlling party

25. Comparative figures

Certain comparative balances have been reclassified to conform with the current year's presentation. Amounts previously included within other debtors have been reclassified to current asset investments and amounts owed by related undertakings. The reclassification has no impact on profit for the year, net assets or shareholders' funds.

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