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REGISTERED NUMBER: 01820701 (England and Wales)















UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

HINE MEATS LIMITED

HINE MEATS LIMITED (REGISTERED NUMBER: 01820701)

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


HINE MEATS LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 31 MARCH 2025







DIRECTORS: R G Hine
P A Cripps
Mrs C A Cripps
C J Cripps
M J Cripps





SECRETARY: Mrs C A Cripps





REGISTERED OFFICE: 10 Whitchurch Road
The Square
Pangbourne
Reading
Berkshire
RG8 7BP





REGISTERED NUMBER: 01820701 (England and Wales)





ACCOUNTANTS: Crowe U.K. LLP
5th Floor, R+ Building
2 Blagrave Street
Reading
Berkshire
RG1 1AZ

HINE MEATS LIMITED (REGISTERED NUMBER: 01820701)

BALANCE SHEET
31 MARCH 2025

2025 2024
Notes £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 155,496 126,570
155,496 126,570

CURRENT ASSETS
Stocks 14,833 17,815
Debtors 6 25,557 35,802
Cash at bank and in hand 188,855 260,973
229,245 314,590
CREDITORS
Amounts falling due within one year 7 (26,093 ) (73,486 )
NET CURRENT ASSETS 203,152 241,104
TOTAL ASSETS LESS CURRENT
LIABILITIES

358,648

367,674

PROVISIONS FOR LIABILITIES 9 (34,000 ) (24,722 )
NET ASSETS 324,648 342,952

CAPITAL AND RESERVES
Called up share capital 100 100
Retained earnings 324,548 342,852
324,648 342,952

HINE MEATS LIMITED (REGISTERED NUMBER: 01820701)

BALANCE SHEET - continued
31 MARCH 2025


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.

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 Statement of Income and Retained Earnings has not been delivered.

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





R G Hine - Director


HINE MEATS LIMITED (REGISTERED NUMBER: 01820701)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025


1. STATUTORY INFORMATION

Hine Meats 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.

Going concern
The company has cash resources and has no requirement for external funding. The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future.

Having regard to the above, the directors believe it appropriate to adopt the going concern basis of accounting in preparing the financial statements.

Turnover
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill
Goodwill, being the amount paid in connection with the acquisition of a business, is amortised evenly over its estimated useful life of 10 years.

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

Stocks
Work in progress is valued at the lower of cost and net realisable value.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Taxation
Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

HINE MEATS LIMITED (REGISTERED NUMBER: 01820701)

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.

Debtors
Short term debtors are measured at transaction price, less any impairment.

Creditors
Short-term creditors are measured at the transaction price.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 12 (2024 - 12 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
Cost
At 1 April 2024
and 31 March 2025 30,762
Amortisation
At 1 April 2024
and 31 March 2025 30,762
Net book value
At 31 March 2025 -
At 31 March 2024 -

5. TANGIBLE FIXED ASSETS
Improvements Fixtures,
to fittings
Leasehold leasehold and Motor
property property equipment vehicles Totals
£    £    £    £    £   
Cost
At 1 April 2024 16,391 48,660 282,825 23,445 371,321
Additions - - 7,849 41,764 49,613
Disposals - - (5,666 ) - (5,666 )
At 31 March 2025 16,391 48,660 285,008 65,209 415,268
Depreciation
At 1 April 2024 16,391 13,624 191,291 23,445 244,751
Charge for year - 1,946 8,300 10,441 20,687
Eliminated on disposal - - (5,666 ) - (5,666 )
At 31 March 2025 16,391 15,570 193,925 33,886 259,772
Net book value
At 31 March 2025 - 33,090 91,083 31,323 155,496
At 31 March 2024 - 35,036 91,534 - 126,570

HINE MEATS LIMITED (REGISTERED NUMBER: 01820701)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 31 MARCH 2025


6. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade debtors 545 562
Other debtors 1,109 18,891
VAT debtor 4,569 4,744
Corporation tax recoverable 5,864 -
Prepayments 13,470 11,605
25,557 35,802

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2025 2024
£    £   
Trade creditors 2,108 24,207
Corporation tax - 5,864
Social security and other taxes 7,232 5,774
Other creditors 1,178 1,062
Accruals and deferred income 15,575 36,579
26,093 73,486

8. LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:
2025 2024
£    £   
Within one year 23,500 30,625
Between one and five years - 23,500
23,500 54,125

9. PROVISIONS FOR LIABILITIES
2025 2024
£    £   
Deferred tax
Accelerated capital allowances 34,000 24,722

Deferred
tax
£   
Balance at 1 April 2024 24,722
Charged to profit and loss 9,278
account
Balance at 31 March 2025 34,000

10. PENSION COMMITMENTS

The company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the company in an independently administered fund. The pension cost charge represents contributions payable by the company to the fund and amounted to £11,129 (2024 - £10,060).

Contributions totalling £1,178 (2024 - £1,062) were payable to the fund at the balance sheet date.