Fresh Stream Growers Ltd - Accounts to registrar (filleted) - small 18.2

REGISTERED NUMBER: 10558819 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 May 2021

for

Fresh Stream Growers Ltd

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTOR:

Mr J V White

REGISTERED OFFICE:

90 Main Road

Grendon

Northamptonshire

NN7 1JW

REGISTERED NUMBER:

10558819 (England and Wales)

ACCOUNTANTS:

Clifford Roberts

63 Broad Green

Wellingborough

Northamptonshire

NN8 4LQ

FIXED ASSETS

Tangible assets

4

2,964

2,947

CURRENT ASSETS

Debtors

5

1,144

1,096

Cash at bank

155,829

118,781

156,973

119,877

CREDITORS

Amounts falling due within one year

6

27,252

20,822

NET CURRENT ASSETS

129,721

99,055

TOTAL ASSETS LESS CURRENT LIABILITIES

132,685

102,002

PROVISIONS FOR LIABILITIES

741

560

NET ASSETS

131,944

101,442

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

131,943

101,441

SHAREHOLDERS' FUNDS

131,944

101,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 May 2021.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 May 2021 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 2 December 2021 and were signed by:

Mr J V White - Director

1.	STATUTORY INFORMATION

Fresh Stream Growers 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.

Revenue

Turnover represents net invoices sale of goods and services, excluding value added tax.

Tangible fixed assets

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2020 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 June 2020

3,930

Additions

1,249

At 31 May 2021

5,179

DEPRECIATION

At 1 June 2020

983

Charge for year

1,232

At 31 May 2021

2,215

NET BOOK VALUE

At 31 May 2021

2,964

At 31 May 2020

2,947

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Other debtors

1,144

1,096

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2021

2020

£

£

Taxation and social security

21,283

12,439

Other creditors

5,969

8,383

27,252

20,822

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2021

2020

value:

£

£

8

Ordinary A shares

10p

1

1

2

Ordinary B shares

10p

-

-

1

Ordinary C shares

10p

-

-

1

1