IRIS Accounts Production v25.1.3.33 04404761 Board of Directors Board of Directors 1.4.24 31.3.25 31.3.25 false true false false false true false iso4217:GBPiso4217:USDiso4217:EURxbrli:sharesxbrli:pureutr:tonnesutr:kWh044047612024-03-31044047612025-03-31044047612024-04-012025-03-31044047612023-03-31044047612023-04-012024-03-31044047612024-03-3104404761ns14:PoundSterling2024-04-012025-03-3104404761ns10:Director12024-04-012025-03-3104404761ns10:Director22024-04-012025-03-3104404761ns10:PrivateLimitedCompanyLtd2024-04-012025-03-3104404761ns10:SmallEntities2024-04-012025-03-3104404761ns10:AuditExempt-NoAccountantsReport2024-04-012025-03-3104404761ns10:SmallCompaniesRegimeForDirectorsReport2024-04-012025-03-3104404761ns10:SmallCompaniesRegimeForAccounts2024-04-012025-03-3104404761ns10:FullAccounts2024-04-012025-03-310440476112024-04-012025-03-3104404761ns10:RegisteredOffice2024-04-012025-03-3104404761ns5:CurrentFinancialInstruments2025-03-3104404761ns5:CurrentFinancialInstruments2024-03-3104404761ns5:Non-currentFinancialInstruments2025-03-3104404761ns5:Non-currentFinancialInstruments2024-03-3104404761ns5:ShareCapital2025-03-3104404761ns5:ShareCapital2024-03-3104404761ns5:RetainedEarningsAccumulatedLosses2025-03-3104404761ns5:RetainedEarningsAccumulatedLosses2024-03-3104404761ns5:IntangibleAssetsOtherThanGoodwill2024-04-012025-03-3104404761ns5:PlantMachinery2024-04-012025-03-3104404761ns5:NetGoodwill2024-03-3104404761ns5:NetGoodwill2025-03-3104404761ns5:NetGoodwill2024-03-3104404761ns5:PlantMachinery2024-03-3104404761ns5:PlantMachinery2025-03-3104404761ns5:PlantMachinery2024-03-3104404761ns5:WithinOneYearns5:CurrentFinancialInstruments2025-03-3104404761ns5:WithinOneYearns5:CurrentFinancialInstruments2024-03-31
REGISTERED NUMBER: 04404761















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

FOR

PENSHURST FINE FOODS LIMITED

PENSHURST FINE FOODS LIMITED (REGISTERED NUMBER: 04404761)






CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


PENSHURST FINE FOODS LIMITED

COMPANY INFORMATION
for the Year Ended 31 March 2025







DIRECTORS: D Massey
Mrs L Massey





REGISTERED OFFICE: Units 1 & 2 Wealden Industrial Estate
Farningham Road
Crowborough
Kent
TN6 2JR





REGISTERED NUMBER: 04404761





ACCOUNTANTS: Waight & Company Ltd
Trading as WaightSharnock
8 Lonsdale Gardens
Tunbridge Wells
Kent
TN1 1NU

PENSHURST FINE FOODS LIMITED (REGISTERED NUMBER: 04404761)

BALANCE SHEET
31 March 2025

31.3.25 31.3.24
Notes £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 208,457 150,400
208,457 150,400

CURRENT ASSETS
Stocks 418,549 381,778
Debtors 6 569,048 536,254
Cash in hand 74 -
987,671 918,032
CREDITORS
Amounts falling due within one year 7 1,032,878 940,172
NET CURRENT LIABILITIES (45,207 ) (22,140 )
TOTAL ASSETS LESS CURRENT
LIABILITIES

163,250

128,260

CREDITORS
Amounts falling due after more than one year 8 88,091 68,660
NET ASSETS 75,159 59,600

CAPITAL AND RESERVES
Called up share capital 110 110
Retained earnings 75,049 59,490
75,159 59,600

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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.

PENSHURST FINE FOODS LIMITED (REGISTERED NUMBER: 04404761)

BALANCE SHEET - continued
31 March 2025


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 27 May 2025 and were signed on its behalf by:




D Massey - Director



Mrs L Massey - Director


PENSHURST FINE FOODS LIMITED (REGISTERED NUMBER: 04404761)

NOTES TO THE FINANCIAL STATEMENTS
for the Year Ended 31 March 2025

1. STATUTORY INFORMATION

Penshurst Fine Foods Limited is a private company, limited by shares , registered in Not specified/Other. 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.

Intangible assets
Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Plant and machinery etc - 50% on cost, 25% on reducing balance and 20% on reducing balance

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 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.

PENSHURST FINE FOODS LIMITED (REGISTERED NUMBER: 04404761)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

2. ACCOUNTING POLICIES - continued

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 year was 29 (2024 - 27 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 5,335
AMORTISATION
At 1 April 2024
and 31 March 2025 5,335
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Plant and
machinery
etc
£   
COST
At 1 April 2024 436,459
Additions 163,914
Disposals (66,376 )
At 31 March 2025 533,997
DEPRECIATION
At 1 April 2024 286,059
Charge for year 68,520
Eliminated on disposal (29,039 )
At 31 March 2025 325,540
NET BOOK VALUE
At 31 March 2025 208,457
At 31 March 2024 150,400

PENSHURST FINE FOODS LIMITED (REGISTERED NUMBER: 04404761)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 March 2025

6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 405,943 356,897
Other debtors 163,105 179,357
569,048 536,254

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Bank loans and overdrafts 37,287 69,057
Hire purchase contracts 45,704 66,202
Trade creditors 800,167 782,211
Taxation and social security 21,691 10,317
Other creditors 128,029 12,385
1,032,878 940,172

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Bank loans 16,543 22,180
Hire purchase contracts 71,548 46,480
88,091 68,660