Strawberry Hill Limited

Contents
	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

1. Accounting Policies

1.1. 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 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

1.2. 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.

1.3. 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:

Leasehold	20 Years on cost
Plant & Machinery	25.00% written down value and 10 year life on cost
Motor Vehicles	20.00% on cost
Fixtures & Fittings	25.00% on written down value
Computer Equipment	33.33% on cost

1.4. 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 includes all direct costs and an appropriate proportion of fixed and variable overheads.

1.5. 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.

Page 3

Page 4

Strawberry Hill Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 March 2025

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

1.7. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

1.8. 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. Average Number of Employees

Average number of employees, including directors, during the year was as follows: 18 (2024: 13)

3. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 31 March 2024	36,233	153,722	6,750	19,255
Additions	-	93,095	13,750	243

As at 29 March 2025	36,233	246,817	20,500	19,498

Depreciation
As at 31 March 2024	2,588	51,212	1,513	11,831
Provided during the period	1,812	19,049	2,381	1,907

As at 29 March 2025	4,400	70,261	3,894	13,738

...CONTINUED

Page 4

Page 5

Strawberry Hill Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 March 2025

Net Book Value
As at 29 March 2025	31,833	176,556	16,606	5,760

As at 31 March 2024	33,645	102,510	5,237	7,424


	Computer Equipment	Total
	£	£
Cost
As at 31 March 2024	448	216,408
Additions	-	107,088

As at 29 March 2025	448	323,496

Depreciation
As at 31 March 2024	249	67,393
Provided during the period	150	25,299

As at 29 March 2025	399	92,692

Net Book Value
As at 29 March 2025	49	230,804

As at 31 March 2024	199	149,015

4. Stocks

	2025	2024
	£	£
Stocks of Finished goods	25,592	56,089

5. Debtors

	2025	2024
	£	£
Due within one year
Rental deposit	24,000	24,000
Director's loan account	115,471	43,016
Intercompany - Southern Caterers Ltd	2,799	1,331

	142,270	68,347
Due after more than one year
Corporation tax recoverable assets	38,971	14,518

	38,971	14,518

	181,241	82,865

Page 5

Page 6

Strawberry Hill Limited

Notes to the Financial Statements (continued)

For The Year Ended 29 March 2025

6. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	174,844	136,995
Bank loans and overdrafts	5,556	5,556
Liberis Ltd	153,962	77,672
Little Loan Company	6,737	6,404
Corporation tax	40,367	14,518
PAYE control account	7,448	3,843
VAT control account	99,596	62,703
Barclaycard - 1154	21,324	23,350
Pension control account	1,030	876
Accruals	8,943	27,520

	519,807	359,437

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

	2025	2024
	£	£
Bounce Back Loan	26,087	31,643

	26,087	31,643

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	1	1

9. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 31 March 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 29 March 2025
	£	£	£	£	£
Mr Robert Kirk	43,015	72,456	-	-	115,471

The above loan is unsecured, interest charged at 3.75% and repayable on demand.

10. General Information

Strawberry Hill Limited is a private company, limited by shares, incorporated in England & Wales, registered number 05082627 . The registered office is 11/12 Hallmark Trading Centre, Fourth Way, Wembley, Middlesex, HA9 0LB.

Page 6

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	3		230,804		149,015

			230,804		149,015
CURRENT ASSETS
Stocks	4	25,592		56,089
Debtors	5	181,241		82,865
Cash at bank and in hand		13,061		754

		219,894		139,708
Creditors: Amounts Falling Due Within One Year	6	(519,807 )		(359,437 )

NET CURRENT ASSETS (LIABILITIES)			(299,913 )		(219,729 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(69,109 )		(70,714 )

Creditors: Amounts Falling Due After More Than One Year	7		(26,087 )		(31,643 )

NET LIABILITIES			(95,196 )		(102,357 )

CAPITAL AND RESERVES
Called up share capital	8		1		1
Profit and Loss Account			(95,197 )		(102,358 )

SHAREHOLDERS' FUNDS			(95,196)		(102,357)