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REGISTERED NUMBER: 12367269 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

MEATSUPPLY LIMITED

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

CONTENTS OF THE FINANCIAL STATEMENTS
for the Year Ended 31 December 2024










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


MEATSUPPLY LIMITED

COMPANY INFORMATION
for the Year Ended 31 December 2024







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 2024

2024 2023
Notes £    £    £   
FIXED ASSETS
Tangible assets 4 250,981 252,198

CURRENT ASSETS
Debtors 5 185,770 134,011
Cash at bank 32,069 16,827
217,839 150,838
CREDITORS
Amounts falling due within one year 6 185,868 118,907
NET CURRENT ASSETS 31,971 31,931
TOTAL ASSETS LESS CURRENT
LIABILITIES

282,952

284,129

CREDITORS
Amounts falling due after more than one
year

7

(71,081

)

(90,212

)

PROVISIONS FOR LIABILITIES (33,241 ) (33,241 )
NET ASSETS 178,630 160,676

CAPITAL AND RESERVES
Called up share capital 100 100
Revaluation reserve 8 141,714 141,714
Retained earnings 36,816 18,862
178,630 160,676

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

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

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

BALANCE SHEET - continued
31 December 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 June 2025 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 2024


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 (2023 - 2 ) .

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST OR VALUATION
At 1 January 2024
and 31 December 2024 249,955 6,734 256,689
DEPRECIATION
At 1 January 2024 - 4,491 4,491
Charge for year - 1,217 1,217
At 31 December 2024 - 5,708 5,708
NET BOOK VALUE
At 31 December 2024 249,955 1,026 250,981
At 31 December 2023 249,955 2,243 252,198

Cost or valuation at 31 December 2024 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:

2024 2023
£    £   
Cost 75,000 75,000

Value of land in freehold land and buildings 75,000 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
2024 2023
£    £   
Trade debtors 164,848 123,463
Directors' current accounts 19,930 10,256
VAT 645 281
Prepayments 347 11
185,770 134,011

MEATSUPPLY LIMITED (REGISTERED NUMBER: 12367269)

NOTES TO THE FINANCIAL STATEMENTS - continued
for the Year Ended 31 December 2024


6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Bank loans and overdrafts 12,000 4,585
Trade creditors 140,851 90,851
Tax 32,664 21,872
Social security and other taxes 353 1,599
185,868 118,907

7. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
2024 2023
£    £   
Bank loans - 2-5 years 71,081 90,212

8. RESERVES
Revaluation
reserve
£   
At 1 January 2024
and 31 December 2024 141,714