NEW PIG LTD.

Company Registration Number:
SC141633 (Scotland)

Unaudited abridged accounts for the year ended 31 December 2023

Period of accounts

Start date: 01 January 2023

End date: 31 December 2023

NEW PIG LTD.

Contents of the Financial Statements

for the Period Ended 31 December 2023

Balance sheet
Notes

NEW PIG LTD.

Balance sheet

As at 31 December 2023


Notes

2023

2022


£

£
Fixed assets
Tangible assets: 3 1,269,626 1,273,126
Total fixed assets: 1,269,626 1,273,126
Current assets
Stocks: 1,134,948 1,058,943
Debtors: 4 1,054,549 1,050,501
Cash at bank and in hand: 4,527,771 3,575,073
Total current assets: 6,717,268 5,684,517
Creditors: amounts falling due within one year: 5 (727,056) (740,069)
Net current assets (liabilities): 5,990,212 4,944,448
Total assets less current liabilities: 7,259,838 6,217,574
Creditors: amounts falling due after more than one year: 6 (5,492) 0
Provision for liabilities: (216,553) (209,851)
Total net assets (liabilities): 7,037,793 6,007,723
Capital and reserves
Called up share capital: 1,000 1,000
Profit and loss account: 7,036,793 6,006,723
Shareholders funds: 7,037,793 6,007,723

The notes form part of these financial statements

NEW PIG LTD.

Balance sheet statements

For the year ending 31 December 2023 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 07 March 2024
and signed on behalf of the board by:

Name: R A McSkimming
Status: Director

The notes form part of these financial statements

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

2. Employees

2023 2022
Average number of employees during the period 32 30

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

3. Tangible Assets

Total
Cost £
At 01 January 2023 1,997,747
Additions 56,217
Disposals (125,939)
Revaluations 0
Transfers 0
At 31 December 2023 1,928,025
Depreciation
At 01 January 2023 724,621
Charge for year 41,395
On disposals (107,617)
Other adjustments 0
At 31 December 2023 658,399
Net book value
At 31 December 2023 1,269,626
At 31 December 2022 1,273,126

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

4. Debtors

2023 2022
££
Debtors due after more than one year: 0 0

Debtors balances all fall due within one year

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

5. Creditors: amounts falling due within one year note

Trade Creditors falling due within one year total £96,822Amounts owing to group undertakings £245,258Corporation Tax £146,463Other taxation & social security £108,312Other creditors £130,201

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

6. Creditors: amounts falling due after more than one year note

Other creditors £5,492

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

7. Financial commitments

Deferred tax liability £216,553

NEW PIG LTD.

Notes to the Financial Statements

for the Period Ended 31 December 2023

8. Related party transactions

Name of the related party:
Relationship:
Fellow subsidiary undertaking
Description of the Transaction: Trade purchases for resale
£
Balance at 01 January 2023 177,590
Balance at 31 December 2023 255,965

Purchases from a related party (fellow subsidiary of the US based parent company) amounted to £255,695