REGISTERED NUMBER: 03723937 (England and Wales)

Financial Statements

for the Year Ended 31st March 2026

for

FRESHLINES PRODUCE LTD.

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

I R Butson

Mrs J Butson

SECRETARY:

Mrs J Butson

REGISTERED OFFICE:

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

REGISTERED NUMBER:

03723937 (England and Wales)

ACCOUNTANTS:

Attenboroughs (Accountants) Limited

Chartered Certified Accountants

1 Tower House

Tower Centre

Hoddesdon

Hertfordshire

EN11 8UR

FIXED ASSETS

Tangible assets

4

4,361

7,748

CURRENT ASSETS

Stocks

15,009

34,512

Debtors

5

30,765

48,053

Cash at bank

696,867

652,639

742,641

735,204

CREDITORS

Amounts falling due within one year

6

77,419

139,486

NET CURRENT ASSETS

665,222

595,718

TOTAL ASSETS LESS CURRENT LIABILITIES

669,583

603,466

PROVISIONS FOR LIABILITIES

1,035

2,071

NET ASSETS

668,548

601,395

CAPITAL AND RESERVES

Called up share capital

7

36,000

36,000

Other reserves

(322,178

)

(322,178

)

Retained earnings

954,726

887,573

SHAREHOLDERS' FUNDS

668,548

601,395

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5th October 2026 and were signed on its behalf by:

Mrs J Butson - Director

1.	STATUTORY INFORMATION

Freshlines Produce Ltd. is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

25% on cost

Motor vehicles

-

20% on cost

Computer equipment

-

25% on cost

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 10 (2025 - 10 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1st April 2025

and 31st March 2026

100,986

14,500

4,742

120,228

DEPRECIATION

At 1st April 2025

100,986

8,700

2,794

112,480

Charge for year

-

2,900

487

3,387

At 31st March 2026

100,986

11,600

3,281

115,867

NET BOOK VALUE

At 31st March 2026

-

2,900

1,461

4,361

At 31st March 2025

-

5,800

1,948

7,748

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Trade debtors

26,270

42,897

Other debtors

4,495

5,156

30,765

48,053

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/26

31/3/25

£

£

Bank loans and overdrafts

-

5,522

Trade creditors

28,256

98,308

Taxation and social security

44,416

28,264

Other creditors

4,747

7,392

77,419

139,486

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31/3/26

31/3/25

value:

£

£

36,000

Ordinary

£1

36,000

36,000

8.	ULTIMATE CONTROLLING PARTY

The controlling party is I R Butson.

The Company is under the control of its Directors.