Fresh Global Alliance Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 07456921 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2021

for

Fresh Global Alliance Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Mrs E L Robinson

Mrs I L O'Keeffe

Ms Q Hu

REGISTERED OFFICE:

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

REGISTERED NUMBER:

07456921 (England and Wales)

ACCOUNTANTS:

Haines Watts

Military House

24 Castle Street

Chester

Cheshire

CH1 2DS

FIXED ASSETS

Property, plant and equipment

4

6,034

4,059

CURRENT ASSETS

Inventories

32,000

7,500

Debtors

5

149,704

37,069

Cash at bank and in hand

132,238

138,492

313,942

183,061

CREDITORS

Amounts falling due within one year

6

(79,895

)

(20,711

)

NET CURRENT ASSETS

234,047

162,350

TOTAL ASSETS LESS CURRENT
LIABILITIES

240,081

166,409

CREDITORS

Amounts falling due after more than one year

7

(239,899

)

(250,000

)

NET ASSETS/(LIABILITIES)

182

(83,591

)

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

82

(83,691

)

SHAREHOLDERS' FUNDS

182

(83,591

)

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2021 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 September 2022 and were signed on its behalf by:

Mrs E L Robinson - Director

1.	STATUTORY INFORMATION

Fresh Global Alliance Limited 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.

The financial statements are presented in sterling which is the functional currency of the company, rounded to the nearest £1.

Turnover

Revenue 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 etc

-

25% on cost

Stocks

Work in progress is valued at the lower of cost and net realisable value.

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 7 (2020 - 7 ) .

4.	PROPERTY, PLANT AND EQUIPMENT

Plant and

machinery

etc

£

COST

At 1 January 2021

13,348

Additions

7,083

At 31 December 2021

20,431

DEPRECIATION

At 1 January 2021

9,289

Charge for year

5,108

At 31 December 2021

14,397

NET BOOK VALUE

At 31 December 2021

6,034

At 31 December 2020

4,059

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

Trade debtors

9,575

8,931

Amounts owed by group undertakings

140,129

28,138

149,704

37,069

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.21

31.12.20

£

Bank loans and overdrafts

8,500

-

Trade creditors

-

6,532

Taxation and social security

18,762

7,764

Other creditors

52,633

6,415

79,895

20,711

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.21

31.12.20

£

Bank loans

39,899

50,000

Other creditors

200,000

239,899

250,000

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

5,899

-

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.21

31.12.20

value:

£

100

Ordinary

£1

100

Fresh Global Alliance Limited - Accounts to registrar (filleted) - small 18.2

Fresh Global Alliance Limited - Accounts to registrar (filleted) - small 18.2