Glen Avon Growers Limited

Registered Number: 03458796 Glen Avon Growers Limited
Statement of Financial Position
As at 31 December 2024

	Notes	2024 £	2023 £
Fixed assets
Tangible fixed assets	3	4,232,862	4,390,896
		4,232,862	4,390,896
Current assets
Stocks	4	271,719	112,382
Debtors	5	1,238,643	1,182,839
Cash at bank and in hand		503	1,808
		1,510,865	1,297,029
Creditors: amount falling due within one year	6	(1,153,199)	(853,702)
Net current assets		357,666	443,327

Total assets less current liabilities		4,590,528	4,834,223
Creditors: amount falling due after more than one year	7	(231,947)	(326,434)
Provisions for liabilities	8	(289,716)	(321,364)
Net assets		4,068,865	4,186,425

Capital and reserves
Called up share capital		100	100
Revaluation Reserves	9	2,346,754	2,346,754
Profit and loss account		1,722,011	1,839,571
Shareholders' funds		4,068,865	4,186,425

For the year ended 31 December 2024 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476.
The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.

These 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 to the Registrar of Companies.

The financial statements were approved by the director on 12 November 2025 and were signed by:

-------------------------------
David Ian Schellingerout
Director

Glen Avon Growers Limited
Notes to the Financial Statements
For the year ended 31 December 2024

General Information

Glen Avon Growers Limited is a private company, limited by shares, registered in England and Wales, registration number 03458796, registration address Glen Avon , Park Lane, Cottingham , East Yorkshire, HU16 5RX.

The presentation currency is £ sterling.

Accounting policies

Significant accounting policies

Statement of compliance

These financial statements have been prepared in compliance with FRS 102 – The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

Basis of preparation

The financial statements have been prepared under the historical cost convention as modified by the revaluation of land and buildings and certain financial instruments measured at fair value in accordance with the accounting policies.

The financial statements are prepared in sterling which is the functional currency of the company.

Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

Tangible fixed assets

Tangible fixed assets, other than freehold land, are stated at cost or valuation less depreciation and any provision for impairment. Depreciation is provided at rates calculated to write off the cost or valuation of fixed assets, less their estimated residual value, over their expected useful lives on the following basis:

Land and Buildings	2% Straight Line
Plant and Machinery	15% Reducing Balance
Fixtures and Fittings	15% Reducing Balance
Computer Equipment	33% Straight Line

Stocks

Stocks are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow moving items. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads.

Provisions

Provisions are recognised when the company has a present obligation as a result of a past event which it is more probable than not will result in an outflow of economic benefits that can be reasonably estimated.

2.	Average number of employees Average number of employees during the year was 46 (2023 : 39).

Tangible fixed assets

Cost or valuation	Land and Buildings	Plant and Machinery	Fixtures and Fittings	Computer Equipment	Total
	£	£	£	£	£
At 01 January 2024	3,353,191	3,165,459	17,156	15,994	6,551,800
Additions	-	51,544	-	1,445	52,989
Disposals	(6,000)	-	-	-	(6,000)
At 31 December 2024	3,347,191	3,217,003	17,156	17,439	6,598,789
Depreciation
At 01 January 2024	273,192	1,859,654	13,068	14,990	2,160,904
Charge for year	-	203,602	613	808	205,023
On disposals	-	-	-	-	-
At 31 December 2024	273,192	2,063,256	13,681	15,798	2,365,927
Net book values
Closing balance as at 31 December 2024	3,073,999	1,153,747	3,475	1,641	4,232,862
Opening balance as at 01 January 2024	3,079,999	1,305,805	4,088	1,004	4,390,896

Stocks

	2024 £		2023 £
Stocks	271,719		112,382
	271,719		112,382

Debtors: amounts falling due within one year

	2024 £	2023 £
Trade Debtors	3,863	200,677
Prepayments & Accrued Income	219,081	66,108
Other Debtors	1,015,699	916,054
	1,238,643	1,182,839

Creditors: amount falling due within one year

	2024 £	2023 £
Trade Creditors	372,898	80,231
Bank Loans & Overdrafts	218,971	290,654
Corporation Tax	37,375	43,650
PAYE & Social Security	3,409	0
Accrued Expenses	95,767	325,837
Other Creditors	412,401	7,513
Obligations under HP/Financial Leases	12,105	102,473
Directors' Current Accounts	273	3,344
	1,153,199	853,702

Creditors: amount falling due after more than one year

	2024 £	2023 £
Bank Loans & Overdrafts	231,947	314,329
Obligations Under HP/Financial Leases	0	12,105
	231,947	326,434

Provisions for liabilities

	2024 £	2023 £
Deferred Tax	321,364	321,364
Charged to Profit & Loss	(31,648)	0
	289,716	321,364

Revaluation Reserves

	2024 £		2023 £
Revaluation Reserve b/fwd	2,346,754		2,346,754
	2,346,754		2,346,754

Registered Number: 03458796
England and Wales
Unaudited Financial Statements

for the year ended 31 December 2024
for
GLEN AVON GROWERS LIMITED