IRIS Accounts Production v24.1.9.2 01634088 Board of Directors 26.5.23 30.5.24 30.5.24 false true false false true false 29280 22276 15634 29403 29400 22399 15514 29280 iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh016340882023-05-25016340882024-05-30016340882023-05-262024-05-30016340882022-05-26016340882022-05-272023-05-25016340882023-05-2501634088ns15:EnglandWales2023-05-262024-05-3001634088ns14:PoundSterling2023-05-262024-05-3001634088ns10:Director12023-05-262024-05-3001634088ns10:PrivateLimitedCompanyLtd2023-05-262024-05-3001634088ns10:SmallEntities2023-05-262024-05-3001634088ns10:AuditExempt-NoAccountantsReport2023-05-262024-05-3001634088ns10:SmallCompaniesRegimeForDirectorsReport2023-05-262024-05-3001634088ns10:SmallCompaniesRegimeForAccounts2023-05-262024-05-3001634088ns10:FullAccounts2023-05-262024-05-300163408842ns10:Director22023-05-250163408842ns10:Director22022-05-260163408842ns10:Director22023-05-262024-05-300163408842ns10:Director22022-05-272023-05-250163408842ns10:Director22024-05-300163408842ns10:Director22023-05-2501634088ns10:Director32023-05-262024-05-3001634088ns10:CompanySecretary12023-05-262024-05-3001634088ns10:RegisteredOffice2023-05-262024-05-3001634088ns5:CurrentFinancialInstruments2024-05-3001634088ns5:CurrentFinancialInstruments2023-05-2501634088ns5:ShareCapital2024-05-3001634088ns5:ShareCapital2023-05-2501634088ns5:RetainedEarningsAccumulatedLosses2024-05-3001634088ns5:RetainedEarningsAccumulatedLosses2023-05-2501634088ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-262024-05-3001634088ns5:PlantMachinery2023-05-262024-05-3001634088ns5:MotorVehicles2023-05-262024-05-3001634088ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-2501634088ns5:PlantMachinery2023-05-2501634088ns5:MotorVehicles2023-05-2501634088ns5:LongLeaseholdAssetsns5:LandBuildings2024-05-3001634088ns5:PlantMachinery2024-05-3001634088ns5:MotorVehicles2024-05-3001634088ns5:LongLeaseholdAssetsns5:LandBuildings2023-05-2501634088ns5:PlantMachinery2023-05-2501634088ns5:MotorVehicles2023-05-2501634088ns5:CurrentFinancialInstrumentsns5:WithinOneYear2024-05-3001634088ns5:CurrentFinancialInstrumentsns5:WithinOneYear2023-05-2501634088ns10:Director22023-05-262024-05-30016340881ns10:Director12023-05-25016340881ns10:Director12022-05-26016340881ns10:Director12023-05-262024-05-30016340881ns10:Director12022-05-272023-05-25016340881ns10:Director12024-05-30016340881ns10:Director12023-05-25
REGISTERED NUMBER: 01634088 (England and Wales)















Weeks Wholesale Meat Company Limited

Unaudited Financial Statements

for the Period 26 May 2023 to 30 May 2024






Weeks Wholesale Meat Company Limited (Registered number: 01634088)






Contents of the Financial Statements
for the Period 26 May 2023 to 30 May 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3


Weeks Wholesale Meat Company Limited

Company Information
for the Period 26 May 2023 to 30 May 2024







DIRECTORS: V A Sevenoaks
R Sevenoaks





SECRETARY: V A Sevenoaks





REGISTERED OFFICE: Unit 9D Pennine Close
Parc Ty Glas Ind Estate, Llanishen
Cardiff
Glamorgan
CF14 5DN





REGISTERED NUMBER: 01634088 (England and Wales)





ACCOUNTANTS: Xeinadin South Wales & West Limited
Accountants & Business Advisors
11 New Street
Pontnewydd
Cwmbran
NP44 1EE

Weeks Wholesale Meat Company Limited (Registered number: 01634088)

Balance Sheet
30 May 2024

30.5.24 25.5.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 254,598 231,821

CURRENT ASSETS
Stocks 23,210 33,062
Debtors 5 621,083 377,117
Cash at bank and in hand 407,135 833,996
1,051,428 1,244,175
CREDITORS
Amounts falling due within one year 6 207,241 267,033
NET CURRENT ASSETS 844,187 977,142
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,098,785

1,208,963

PROVISIONS FOR LIABILITIES 18,000 15,000
NET ASSETS 1,080,785 1,193,963

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 1,080,685 1,193,863
1,080,785 1,193,963

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the period ended 30 May 2024.

The members have not required the company to obtain an audit of its financial statements for the period ended 30 May 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 12 December 2024 and were signed on its behalf by:





V A Sevenoaks - Director


Weeks Wholesale Meat Company Limited (Registered number: 01634088)

Notes to the Financial Statements
for the Period 26 May 2023 to 30 May 2024

1. STATUTORY INFORMATION

Weeks Wholesale Meat Company 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.

The presentation currency of the financial statements is the Pound Sterling (£).


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.
Long leasehold - 10% on cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% 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.

Taxation
Taxation for the period 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 period 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.

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 period was 13 (2023 - 12 ) .

Weeks Wholesale Meat Company Limited (Registered number: 01634088)

Notes to the Financial Statements - continued
for the Period 26 May 2023 to 30 May 2024

4. TANGIBLE FIXED ASSETS
Long Plant and Motor
leasehold machinery vehicles Totals
£    £    £    £   
COST
At 26 May 2023 44,578 203,491 415,196 663,265
Additions - 3,206 107,091 110,297
Disposals - - (48,490 ) (48,490 )
At 30 May 2024 44,578 206,697 473,797 725,072
DEPRECIATION
At 26 May 2023 44,578 165,375 221,491 431,444
Charge for period - 5,630 58,560 64,190
Eliminated on disposal - - (25,160 ) (25,160 )
At 30 May 2024 44,578 171,005 254,891 470,474
NET BOOK VALUE
At 30 May 2024 - 35,692 218,906 254,598
At 25 May 2023 - 38,116 193,705 231,821

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 25.5.23
£    £   
Trade debtors 314,659 261,909
Amounts owed by group undertakings 200,050 -
Other debtors 106,374 115,208
621,083 377,117

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.5.24 25.5.23
£    £   
Trade creditors 143,312 179,998
Taxation and social security 2,702 34,125
Other creditors 61,227 52,910
207,241 267,033

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the periods ended 30 May 2024 and 25 May 2023:

30.5.24 25.5.23
£    £   
V A Sevenoaks and P J Sevenoaks
Balance outstanding at start of period 29,280 22,276
Amounts advanced 15,634 29,403
Amounts repaid (29,400 ) (22,399 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 15,514 29,280

Weeks Wholesale Meat Company Limited (Registered number: 01634088)

Notes to the Financial Statements - continued
for the Period 26 May 2023 to 30 May 2024

7. DIRECTORS' ADVANCES, CREDITS AND GUARANTEES - continued

R Sevenoaks
Balance outstanding at start of period 19,711 14,026
Amounts advanced 10,422 19,788
Amounts repaid (19,600 ) (14,103 )
Amounts written off - -
Amounts waived - -
Balance outstanding at end of period 10,533 19,711