IRIS Accounts Production v24.3.2.46 02213850 Board of Directors 1.6.23 31.5.24 31.5.24 false true false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh022138502023-05-31022138502024-05-31022138502023-06-012024-05-31022138502022-05-31022138502022-06-012023-05-31022138502023-05-3102213850ns15:EnglandWales2023-06-012024-05-3102213850ns14:PoundSterling2023-06-012024-05-3102213850ns10:Director12023-06-012024-05-3102213850ns10:PrivateLimitedCompanyLtd2023-06-012024-05-3102213850ns10:SmallEntities2023-06-012024-05-3102213850ns10:AuditExempt-NoAccountantsReport2023-06-012024-05-3102213850ns10:SmallCompaniesRegimeForDirectorsReport2023-06-012024-05-3102213850ns10:SmallCompaniesRegimeForAccounts2023-06-012024-05-3102213850ns10:FullAccounts2023-06-012024-05-3102213850ns10:Director22023-06-012024-05-3102213850ns10:Director32023-06-012024-05-3102213850ns10:RegisteredOffice2023-06-012024-05-3102213850ns5:CurrentFinancialInstruments2024-05-3102213850ns5:CurrentFinancialInstruments2023-05-3102213850ns5:ShareCapital2024-05-3102213850ns5:ShareCapital2023-05-3102213850ns5:RetainedEarningsAccumulatedLosses2024-05-3102213850ns5:RetainedEarningsAccumulatedLosses2023-05-3102213850ns5:MotorVehicles2023-06-012024-05-3102213850ns5:MotorVehicles2023-05-3102213850ns5:MotorVehicles2024-05-3102213850ns5:MotorVehicles2023-05-3102213850ns5:WithinOneYearns5:CurrentFinancialInstruments2024-05-3102213850ns5:WithinOneYearns5:CurrentFinancialInstruments2023-05-31
REGISTERED NUMBER: 02213850 (England and Wales)















FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MAY 2024

FOR

DALESMAN (FINE FOOD INGREDIENTS) LIMITED

DALESMAN (FINE FOOD INGREDIENTS) LIMITED (REGISTERED NUMBER: 02213850)






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




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


DALESMAN (FINE FOOD INGREDIENTS) LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MAY 2024







DIRECTORS: James Leighton Rhodes
Charlotte Marie Carter
Ian Thomas Rhodes





REGISTERED OFFICE: Dalesman House
Chase Way
Bradford
West Yorkshire
BD5 8HW





REGISTERED NUMBER: 02213850 (England and Wales)





ACCOUNTANTS: Walter Dawson & Son
Chartered Accountants
1 Valley Court
Canal Road
Bradford
West Yorkshire
BD1 4SP

DALESMAN (FINE FOOD INGREDIENTS) LIMITED (REGISTERED NUMBER: 02213850)

BALANCE SHEET
31 MAY 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 6,850 9,133

CURRENT ASSETS
Debtors 5 969,460 876,351
Cash at bank and in hand 28,768 36,210
998,228 912,561
CREDITORS
Amounts falling due within one year 6 223,832 147,732
NET CURRENT ASSETS 774,396 764,829
TOTAL ASSETS LESS CURRENT
LIABILITIES

781,246

773,962

PROVISIONS FOR LIABILITIES 1,713 2,283
NET ASSETS 779,533 771,679

CAPITAL AND RESERVES
Called up share capital 200 200
Profit and loss account 779,333 771,479
779,533 771,679

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

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

DALESMAN (FINE FOOD INGREDIENTS) LIMITED (REGISTERED NUMBER: 02213850)

BALANCE SHEET - continued
31 MAY 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 January 2025 and were signed on its behalf by:





James Leighton Rhodes - Director


DALESMAN (FINE FOOD INGREDIENTS) LIMITED (REGISTERED NUMBER: 02213850)

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

1. STATUTORY INFORMATION

Dalesman (Fine Food Ingredients) 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.

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.
Motor vehicles - 25% on reducing balance

TAXATION
Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

INCOME RECOGNITION
Revenue is recognised to the extent that is probable that the economic benefits will flow to the company and revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised.

DALESMAN (FINE FOOD INGREDIENTS) LIMITED (REGISTERED NUMBER: 02213850)

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

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2023 - 6 ) .

4. TANGIBLE FIXED ASSETS
Motor
vehicles
£   
COST
At 1 June 2023
and 31 May 2024 19,699
DEPRECIATION
At 1 June 2023 10,566
Charge for year 2,283
At 31 May 2024 12,849
NET BOOK VALUE
At 31 May 2024 6,850
At 31 May 2023 9,133

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 77,006 109,583
Amounts owed by associates 170,693 89,714
Other debtors 721,761 677,054
969,460 876,351

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Hire purchase contracts - 1,827
Trade creditors 16,332 1,354
Amounts owed to associates 26,986 18,061
Taxation and social security 23,129 31,863
Other creditors 157,385 94,627
223,832 147,732

7. PENSION COMMITMENTS

The amount recognised in profit or loss as an expense in relation to defined contribution plans was £4,391 (2023: £3,974).Contributions totalling £88 (2023: £Nil) were payable to the plan at the year end and are included in creditors.

DALESMAN (FINE FOOD INGREDIENTS) LIMITED (REGISTERED NUMBER: 02213850)

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

8. RELATED PARTY DISCLOSURES

Included in debtors due within one year was an interest free loan of £904,430 (2023: £762,556) due from companies in which the directors have an interest.

Included in creditors due within one year was an interest free loan of £26,986 (2023: £18,061) due to companies in which the directors have an interest.