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REGISTERED NUMBER: 02049497 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 30 September 2024 |

| for |

| Spillers of Chard Limited |

Spillers of Chard Limited (Registered number: 02049497)

Contents of the Financial Statements

for the Year Ended 30 September 2024

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 3 |

Spillers of Chard Limited

Company Information

for the Year Ended 30 September 2024

| DIRECTORS: | Mrs C Durie

| D Mears

| R A C Durie

| R A S Durie

| D H Griffin

| SECRETARY: | D Mears

| REGISTERED OFFICE: | The Aga Cooker Centre

| Chard Business Park

| CHARD

| Somerset

| TA20 1FA

| REGISTERED NUMBER: | 02049497 (England and Wales)

| ACCOUNTANTS: | A C Mole LLP

| Chartered Accountants

| Stafford House

| Blackbrook Park Avenue

| Taunton

| Somerset

| TA1 2PX

Spillers of Chard Limited (Registered number: 02049497)

Balance Sheet

30 September 2024

| 2024 | 2023 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,123,942 |  | 1,200,593 |  |

CURRENT ASSETS

Stocks | 1,253,114 |  | 1,332,132 |  |

Debtors | 5 | 177,843 |  | 219,933 |  |

Cash at bank | 670,904 |  | 249,948 |  |

2,101,861 |  | 1,802,013 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,426,742 |  | 1,282,310 |  |

NET CURRENT ASSETS | 675,119 |  | 519,703 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,799,061 |  | 1,720,296 |  |

CREDITORS

Amounts falling due after more than one year | 7 | - |  | (17,588 | ) |

PROVISIONS FOR LIABILITIES | (12,433 | ) | (22,530 | ) |

NET ASSETS | 1,786,628 |  | 1,680,178 |  |

CAPITAL AND RESERVES

Called up share capital | 10,000 |  | 10,000 |  |

Retained earnings | 1,776,628 |  | 1,670,178 |  |

SHAREHOLDERS' FUNDS | 1,786,628 |  | 1,680,178 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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 17 June 2025 and were signed on its behalf by:

R A S Durie - Director

Spillers of Chard Limited (Registered number: 02049497)

Notes to the Financial Statements

for the Year Ended 30 September 2024

1. | STATUTORY INFORMATION

| Spillers of Chard 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 represents net invoiced sales of services and delivered goods, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Land and buildings | - | 2% on cost

| Plant and machinery etc | - | 25% on reducing balance, Straight line over 7 years and Straight line over 2 years

| Freehold land is not depreciated.

| Tangible fixed assets are initially recognised at cost and subsequently measured at cost less accumulated depreciation.

| 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.

| Pension costs and other post-retirement benefits

| The company participates in defined contribution pension schemes. The assets of the schemes are held separately from those of the company in independently administered funds. The amount charged against profits represents the contributions payable to the schemes in respect of the accounting period.

Spillers of Chard Limited (Registered number: 02049497)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

2. | ACCOUNTING POLICIES - continued

| Dividends

| Dividends to company shareholders are recognised as a liability in the financial statements in the period in which the dividends are approved by the company's shareholders. These amounts are recognised in the statement of income and retained earnings.

| Payments on account

| Where customers pay for goods in advance of installation or delivery, these monies are held within creditors as payments on account.

| Critical accounting judgements and key sources of estimation uncertainty

| The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the application of policies and reported amounts of assets and liabilities, income and expenses.

| Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.

| The company makes estimates and assumptions concerning the future. The resulting accounting estimates will, by definition, seldom equal the related actual results. The directors are of the opinion that there are no estimates or assumptions that have a significant risk of causing a material adjustment to the carrying amounts of assets and liabilities within the next financial year.

| Financial instruments

| i) Financial assets

| Basic financial assets, including trade and other debtors and cash and bank balances are initially recognised at transaction price and subsequently measured at amortised cost.

| At the balance sheet date financial assets are assessed for evidence of impairment. If an asset is impaired the impairment loss is recognised in the income statement.

| ii) Financial liabilities

| Basic financial liabilities, including trade and other creditors are initially recognised at transaction price and subsequently measured at amortised cost.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 30 (2023 - 34 ) .

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 October 2023 | 1,746,320 |  | 507,138 |  | 2,253,458 |  |

| Disposals | - |  | (37,505 | ) | (37,505 | ) |

| At 30 September 2024 | 1,746,320 |  | 469,633 |  | 2,215,953 |  |

| DEPRECIATION

| At 1 October 2023 | 692,286 |  | 360,579 |  | 1,052,865 |  |

| Charge for year | 32,062 |  | 37,463 |  | 69,525 |  |

| Eliminated on disposal | - |  | (30,379 | ) | (30,379 | ) |

| At 30 September 2024 | 724,348 |  | 367,663 |  | 1,092,011 |  |

| NET BOOK VALUE

| At 30 September 2024 | 1,021,972 |  | 101,970 |  | 1,123,942 |  |

| At 30 September 2023 | 1,054,034 |  | 146,559 |  | 1,200,593 |  |

| Included within freehold property is land with a value of £137,000 which has not been depreciated.

Spillers of Chard Limited (Registered number: 02049497)

Notes to the Financial Statements - continued

for the Year Ended 30 September 2024

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Trade debtors | 123,958 |  | 141,155 |  |

| Other debtors | 3,200 |  | 4,743 |  |

| Directors' loan accounts | 5,000 |  | 5,000 |  |

| Prepayments and accrued income | 45,685 |  | 69,035 |  |

177,843 |  | 219,933 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 16,235 |  | 16,234 |  |

| Trade creditors | 426,418 |  | 362,257 |  |

| Corporation tax | 57,029 |  | 11,803 |  |

| Other creditors including taxation and social security | 97,979 |  | 88,078 |  |

| Payments on account | 806,627 |  | 775,695 |  |

| Accruals and deferred income | 22,454 |  | 28,243 |  |

1,426,742 |  | 1,282,310 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2024 | 2023 |

£ | £ |

| Hire purchase contracts | - |  | 17,588 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2024 | 2023 |

£ | £ |

| Hire purchase contracts | 16,235 |  | 33,822 |  |

9. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 30 September 2024 and 30 September 2023:

2024 | 2023 |

£ | £ |

| D Mears

| Balance outstanding at start of year | 5,000 |  | 5,000 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 5,000 |  | 5,000 |  |