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REGISTERED NUMBER: 05347521 (England and Wales)















CELTIC PRIDE LTD

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2024






CELTIC PRIDE LTD (REGISTERED NUMBER: 05347521)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3


CELTIC PRIDE LTD

COMPANY INFORMATION
FOR THE YEAR ENDED 31 JANUARY 2024







DIRECTORS: D E Rees
H Richards
T D M Rowe
D K Thomas
Ms F H Moseley





SECRETARY: G Evans





REGISTERED OFFICE: Castell Howell Foods Ltd
Celtic Pride Ltd
Cross Hands Food Park
Cross Hands
Carmarthenshire
SA14 6SX





REGISTERED NUMBER: 05347521 (England and Wales)





ACCOUNTANTS: Bevan Buckland LLP
Chartered Accountants
45 High Street
Haverfordwest
Pembrokeshire
SA61 2BP

CELTIC PRIDE LTD (REGISTERED NUMBER: 05347521)

STATEMENT OF FINANCIAL POSITION
31 JANUARY 2024

2024 2023
Notes £    £   
CURRENT ASSETS
Debtors 4 298,061 296,682
Cash at bank 16,551 15,830
314,612 312,512
CREDITORS
Amounts falling due within one year 5 188,302 187,092
NET CURRENT ASSETS 126,310 125,420
TOTAL ASSETS LESS CURRENT
LIABILITIES

126,310

125,420

CAPITAL AND RESERVES
Called up share capital 1,500 1,500
Retained earnings 124,810 123,920
SHAREHOLDERS' FUNDS 126,310 125,420

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:



D K Thomas - Director D E Rees - Director



H Richards - Director T D M Rowe - Director


CELTIC PRIDE LTD (REGISTERED NUMBER: 05347521)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 JANUARY 2024

1. STATUTORY INFORMATION

Celtic Pride 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.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Going concern
The financial statements have been prepared on a going concern basis on the assumption that support will continue from Castell Howell Foods Limited. Castell Howell Foods Limited and Wynnstay Group Plc have provided a guarantee of £125,000 for the obligations of Celtic Pride Limited to its bank. Debtors includes £258,845 (2023 £258,160) owed by Celtica Foods Limited and £39,216 (2023 £34,544) owed by Castell Howell Limited.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2023 - 6 ) .

CELTIC PRIDE LTD (REGISTERED NUMBER: 05347521)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 JANUARY 2024

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 298,061 293,103
Other debtors - 3,579
298,061 296,682

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 158 46
Social security and other taxes 209 305
VAT 400 -
Other creditors 2,097 1,303
Amounts owed to associated
companies 185,438 185,438
188,302 187,092

The company's bank, Barclays Bank Plc holds a debenture dated 16 May 2005.

6. RELATED PARTY DISCLOSURES

Details of related party transactions are as follows:-

Celtica Foods Limited Castell Howell Foods Limited Wynnstay Plc
£ £ £

Sales - - -

Debtor 258,845 39,216 -

Creditor - 176,438 -

Other creditor - 4,500 4,500

Castell Howell Foods Limited and Wynnstay Plc have provided a guarantee of £125,000 each for the obligations of Celtic Pride Limited.

Related party disclosures for the year ended 31 January 2023:

Celtica Foods Limited Castell Howell Foods Limited Wynnstay Plc
£ £ £

Sales - - -

Debtor 258,160 34,544 -

Creditor - 176,438 -

Other creditor - 4,500 4,500