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REGISTERED NUMBER: 12367269 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2023

FOR

MEATSUPPLY LIMITED

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MEATSUPPLY LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2023







DIRECTORS: P R Butterworth
Mrs C Butterworth





REGISTERED OFFICE: 5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ





REGISTERED NUMBER: 12367269 (England and Wales)





ACCOUNTANTS: ma2 Limited
Chartered Accountants
5 Crescent East
Thornton Cleveleys
Lancashire
FY5 3LJ

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

BALANCE SHEET
31 December 2023

Notes £    £   
FIXED ASSETS
Tangible assets 4 252,198

CURRENT ASSETS
Debtors 5 134,000
Cash at bank 16,827
150,827
CREDITORS
Amounts falling due within one year 6 118,896
NET CURRENT ASSETS 31,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

284,129

CREDITORS
Amounts falling due after more than one
year

7

(90,212

)

PROVISIONS FOR LIABILITIES (33,241 )
NET ASSETS 160,676

CAPITAL AND RESERVES
Called up share capital 100
Revaluation reserve 8 141,714
Retained earnings 18,862
160,676

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

BALANCE SHEET - continued
31 December 2023


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 29 August 2024 and were signed on its behalf by:





P R Butterworth - Director


MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2023


1. STATUTORY INFORMATION

Meatsupply 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 as modified by the revaluation of certain assets.

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.

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.

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 .

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2023 75,000 6,734 81,734
Revaluations 174,955 - 174,955
At 31 December 2023 249,955 6,734 256,689
DEPRECIATION
At 1 January 2023 - 3,217 3,217
Charge for year - 1,274 1,274
At 31 December 2023 - 4,491 4,491
NET BOOK VALUE
At 31 December 2023 249,955 2,243 252,198
At 31 December 2022 75,000 3,517 78,517

Cost or valuation at 31 December 2023 is represented by:

Plant and
Land and machinery
buildings etc Totals
£    £    £   
Valuation in 2024 249,955 6,734 256,689

If freehold property had not been revalued they would have been included at the following historical cost:

£   
Cost 75,000

Value of land in freehold land and buildings 75,000

Freehold property was valued on an open market basis on 31 December 2023 by Eymoutiers Agency .

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Trade debtors 123,463
Other debtors 10,537
134,000

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2023


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
£   
Bank loans and overdrafts 4,585
Trade creditors 90,851
Taxation and social security 23,471
Other creditors (11 )
118,896

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
£   
Bank loans 90,212

8. RESERVES
Revaluation
reserve
£   
Revaluation reserve 141,714

At 31 December 2023 141,714