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REGISTERED NUMBER: 08372764 (England and Wales)
















Unaudited Financial Statements for the Year Ended 31 December 2022

for

The Provenance Meat Company Ltd

The Provenance Meat Company Ltd (Registered number: 08372764)






Contents of the Financial Statements
for the Year Ended 31 December 2022




Page

Company Information 1

Chartered Certified Accountants' Report 2

Balance Sheet 3

Notes to the Financial Statements 5


The Provenance Meat Company Ltd

Company Information
for the Year Ended 31 December 2022







DIRECTORS: Mr W G Gibson
Mr T R Gibson
Ms E Hurst
Mr S W Robertson





REGISTERED OFFICE: 13 The Courtyard
Timothy's Bridge Road
Stratford upon Avon
Warwickshire
CV37 9NP





REGISTERED NUMBER: 08372764 (England and Wales)





ACCOUNTANTS: Chandler and Partners Limited
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB

Chartered Certified Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
The Provenance Meat Company Ltd

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of The Provenance Meat Company Ltd for the year ended 31 December 2022 which comprise the Income Statement, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of The Provenance Meat Company Ltd, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of The Provenance Meat Company Ltd and state those matters that we have agreed to state to the Board of Directors of The Provenance Meat Company Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at http://www.accaglobal.com/factsheet163. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Provenance Meat Company Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of The Provenance Meat Company Ltd. You consider that The Provenance Meat Company Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of The Provenance Meat Company Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Chandler and Partners Limited
Britannia Court
5 Moor Street
Worcester
Worcestershire
WR1 3DB


Date: .............................................

The Provenance Meat Company Ltd (Registered number: 08372764)

Balance Sheet
31 December 2022

31.12.22 31.12.21
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 769,158 660,735

CURRENT ASSETS
Stocks 158,859 126,436
Debtors 5 333,929 342,058
Cash at bank and in hand 186,705 486,269
679,493 954,763
CREDITORS
Amounts falling due within one year 6 786,223 789,406
NET CURRENT (LIABILITIES)/ASSETS (106,730 ) 165,357
TOTAL ASSETS LESS CURRENT
LIABILITIES

662,428

826,092

CREDITORS
Amounts falling due after more than one
year

7

300,396

425,569
NET ASSETS 362,032 400,523

CAPITAL AND RESERVES
Called up share capital 200,120 200,120
Share premium 149,980 149,980
Retained earnings 11,932 50,423
362,032 400,523

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2022.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2022 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 Provenance Meat Company Ltd (Registered number: 08372764)

Balance Sheet - continued
31 December 2022


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 1 June 2023 and were signed on its behalf by:




Mr T R Gibson - Director



Mr W G Gibson - Director


The Provenance Meat Company Ltd (Registered number: 08372764)

Notes to the Financial Statements
for the Year Ended 31 December 2022

1. STATUTORY INFORMATION

The Provenance Meat Company 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 or, if held under a finance lease, over the lease term, whichever is the shorter.
Plant and machinery - 20% on cost
Fixtures and fittings - 20% on cost
Motor vehicles - 20% on cost
Computer equipment - 20% 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.

Hire purchase and leasing commitments
Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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 77 (2021 - 63 ) .

The Provenance Meat Company Ltd (Registered number: 08372764)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS
Fixtures
Leasehold Plant and and
prop machinery fittings
£    £    £   
COST
At 1 January 2022 396,285 307,885 410,702
Additions 115,565 45,765 51,612
Disposals (34,448 ) - -
At 31 December 2022 477,402 353,650 462,314
DEPRECIATION
At 1 January 2022 192,546 203,013 80,640
Charge for year 25,593 20,963 42,730
Eliminated on disposal (18,587 ) - -
At 31 December 2022 199,552 223,976 123,370
NET BOOK VALUE
At 31 December 2022 277,850 129,674 338,944
At 31 December 2021 203,739 104,872 330,062

Motor Computer
vehicles equipment Totals
£    £    £   
COST
At 1 January 2022 21,495 17,888 1,154,255
Additions - 4,604 217,546
Disposals - - (34,448 )
At 31 December 2022 21,495 22,492 1,337,353
DEPRECIATION
At 1 January 2022 6,807 10,514 493,520
Charge for year 2,149 1,827 93,262
Eliminated on disposal - - (18,587 )
At 31 December 2022 8,956 12,341 568,195
NET BOOK VALUE
At 31 December 2022 12,539 10,151 769,158
At 31 December 2021 14,688 7,374 660,735

The Provenance Meat Company Ltd (Registered number: 08372764)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

4. TANGIBLE FIXED ASSETS - continued

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:
Plant and
machinery
£   
COST
At 1 January 2022
and 31 December 2022 24,572
DEPRECIATION
At 1 January 2022
and 31 December 2022 24,572
NET BOOK VALUE
At 31 December 2022 -
At 31 December 2021 -

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Trade debtors 50,757 53,893
Other debtors 140,877 134,208
Directors' current accounts - 847
VAT 62,052 86,435
Prepayments 80,243 66,675
333,929 342,058

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.12.22 31.12.21
£    £   
Other loans 1 - under 1yr 121,986 113,763
Hire purchase contracts (see note 8) 930 7,255
Trade creditors 481,839 483,596
Tax 16,069 -
Social security and other taxes 152,078 133,803
Other creditors 9,385 9,044
Directors' current accounts - 1,032
Accrued expenses 3,936 40,913
786,223 789,406

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.12.22 31.12.21
£    £   
Other loans - 1-2 years 300,396 422,383
Hire purchase contracts (see note 8) - 3,186
300,396 425,569

The Provenance Meat Company Ltd (Registered number: 08372764)

Notes to the Financial Statements - continued
for the Year Ended 31 December 2022

8. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.12.22 31.12.21
£    £   
Net obligations repayable:
Within one year 930 7,255
Between one and five years - 3,186
930 10,441