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REGISTERED NUMBER: 09512837 (England and Wales)











D & R Meats Wholesale Ltd

Unaudited Financial Statements

for the Year Ended 31 January 2023






D & R Meats Wholesale Ltd (Registered number: 09512837)

Contents of the Financial Statements
for the Year Ended 31 January 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


D & R Meats Wholesale Ltd

Company Information
for the Year Ended 31 January 2023







DIRECTORS: D M Davis
M D Davis





REGISTERED OFFICE: Unit 10B
Old Arley Industrial Estate
Old Arley
Warwickshire
CV7 8HN





REGISTERED NUMBER: 09512837 (England and Wales)





ACCOUNTANTS: Haines Watts Tamworth Limited
Sterling House
97 Lichfield Street
Tamworth
Staffordshire
B79 7QF

D & R Meats Wholesale Ltd (Registered number: 09512837)

Balance Sheet
31 January 2023

2023 2022
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 44,721 59,625

CURRENT ASSETS
Stocks 108,872 78,109
Debtors 5 663,586 606,213
Cash at bank 307,453 182,192
1,079,911 866,514
CREDITORS
Amounts falling due within one year 6 735,520 510,942
NET CURRENT ASSETS 344,391 355,572
TOTAL ASSETS LESS CURRENT
LIABILITIES

389,112

415,197

CREDITORS
Amounts falling due after more than one
year

7

104,302

225,537
NET ASSETS 284,810 189,660

CAPITAL AND RESERVES
Called up share capital 8 1 1
Retained earnings 284,809 189,659
SHAREHOLDERS' FUNDS 284,810 189,660

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2023.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2023 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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 October 2023 and were signed on its behalf by:




D M Davis - Director


D & R Meats Wholesale Ltd (Registered number: 09512837)

Notes to the Financial Statements
for the Year Ended 31 January 2023


1. STATUTORY INFORMATION

D & R Meats Wholesale 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 etc - 25% on reducing balance

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 6 (2022 - 7 ) .

D & R Meats Wholesale Ltd (Registered number: 09512837)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


4. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 February 2022
and 31 January 2023 79,500
DEPRECIATION
At 1 February 2022 19,875
Charge for year 14,904
At 31 January 2023 34,779
NET BOOK VALUE
At 31 January 2023 44,721
At 31 January 2022 59,625

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Trade debtors 649,249 604,559
Amounts owed by group undertakings 10,000 -
Other debtors 4,337 1,654
663,586 606,213

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2023 2022
£    £   
Hire purchase contracts - 3,405
Trade creditors 371,194 286,748
Amounts owed to group undertakings 178,184 43,793
Taxation and social security 65,808 56,900
Other creditors 120,334 120,096
735,520 510,942

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2023 2022
£    £   
Other creditors 104,302 225,537

8. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2023 2022
value: £    £   
1 Ordinary £1 1 1

D & R Meats Wholesale Ltd (Registered number: 09512837)

Notes to the Financial Statements - continued
for the Year Ended 31 January 2023


9. RELATED PARTY DISCLOSURES

During the year the directors made loans to the company, these are interest free and repayable on demand. The balance at the year end was £224,302 (2022 - £345,537).

During the year D&R Meats Holding Ltd, a company in which the directors have a controlling interest, made loans to the company. These loans are interest free and repayable on demand. The balance at the year end was £178,184 (2022 - £43,793).

During the year the company made loans to D&R Meats Ltd, a company in which the directors have a controlling interest. These loans are interest free and repayable on demand. The balance at the year end was £10,000 (2022 - £Nil).