Company Registration No. 4650724 (England and Wales)
Class One Fresh Produce Limited
Unaudited accounts
for the year ended 28 February 2026
Class One Fresh Produce Limited
Unaudited accounts
Contents
Class One Fresh Produce Limited
Company Information
for the year ended 28 February 2026
Directors
CJ Cluny
Mrs D Cluny
BJ Cluny
M Holmes
Company Number
4650724 (England and Wales)
Registered Office
Unit 5 Cawder Park
Snaygill Industrial Estate
Skipton
North Yorkshire
BD23 2QR
Accountants
Pearson & Associates
Suite E, Canal Wharf
Eshton Road
Gargrave, Skipton
North Yorkshire
BD23 3SE
Class One Fresh Produce Limited
Statement of financial position
as at 28 February 2026
Tangible assets
963,952
896,949
Inventories
195,313
198,622
Cash at bank and in hand
76,918
149,533
Creditors: amounts falling due within one year
(872,898)
(875,227)
Net current liabilities
(41,761)
(69,684)
Total assets less current liabilities
922,191
827,265
Creditors: amounts falling due after more than one year
(78,635)
(136,669)
Provisions for liabilities
Deferred tax
(124,579)
(122,614)
Net assets
718,977
567,982
Called up share capital
7
7
Profit and loss account
718,970
567,975
Shareholders' funds
718,977
567,982
For the year ending 28 February 2026 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 1 October 2026 and were signed on its behalf by
BJ Cluny
Director
Company Registration No. 4650724
Class One Fresh Produce Limited
Notes to the Accounts
for the year ended 28 February 2026
Class One Fresh Produce Limited is a private company, limited by shares, registered in England and Wales, registration number 4650724. The registered office is Unit 5 Cawder Park, Snaygill Industrial Estate, Skipton, North Yorkshire, BD23 2QR.
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.
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. 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.
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:
Land & buildings
in accordance with the property
Plant & machinery
20% Reducing Balance
Motor vehicles
25% Reducing Balance
Fixtures & fittings
15% Reducing Balance
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Class One Fresh Produce Limited
Notes to the Accounts
for the year ended 28 February 2026
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.
4
Intangible fixed assets
Goodwill
At 28 February 2026
50,000
At 28 February 2026
50,000
5
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 March 2025
493,121
135,959
511,312
180,793
1,321,185
Additions
-
-
128,026
-
128,026
At 28 February 2026
493,121
135,959
639,338
180,793
1,449,211
At 1 March 2025
21,142
114,447
147,044
141,603
424,236
Charge for the year
6,343
4,302
44,499
5,879
61,023
At 28 February 2026
27,485
118,749
191,543
147,482
485,259
At 28 February 2026
465,636
17,210
447,795
33,311
963,952
At 28 February 2025
471,979
21,512
364,268
39,190
896,949
Amounts falling due within one year
Trade debtors
525,081
417,573
Other debtors
33,825
39,815
Class One Fresh Produce Limited
Notes to the Accounts
for the year ended 28 February 2026
7
Creditors: amounts falling due within one year
2026
2025
Bank loans and overdrafts
198,564
197,214
Obligations under finance leases and hire purchase contracts
79,656
81,947
Trade creditors
502,752
520,713
Taxes and social security
91,926
75,353
8
Creditors: amounts falling due after more than one year
2026
2025
Obligations under finance leases and hire purchase contracts
78,635
113,752
9
Average number of employees
During the year the average number of employees was 55 (2025: 52).