1 June 2024 false No description of principal activity Taxfiler 2024.6 4762702business:PrivateLimitedCompanyLtd2024-06-012025-05-31 47627022024-05-31 47627022024-06-012025-05-31 4762702business:AuditExemptWithAccountantsReport2024-06-012025-05-31 4762702business:FilletedAccounts2024-06-012025-05-31 47627022025-05-31 4762702business:Director12024-06-012025-05-31 4762702business:Director22024-06-012025-05-31 4762702business:RegisteredOffice2024-06-012025-05-31 47627022024-05-31 4762702core:WithinOneYear2025-05-31 4762702core:WithinOneYear2024-05-31 4762702core:AfterOneYear2025-05-31 4762702core:AfterOneYear2024-05-31 4762702core:ShareCapitalcore:PreviouslyStatedAmount2025-05-31 4762702core:ShareCapitalcore:PreviouslyStatedAmount2024-05-31 4762702core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2025-05-31 4762702core:RetainedEarningsAccumulatedLossescore:PreviouslyStatedAmount2024-05-31 4762702core:PreviouslyStatedAmount2025-05-31 4762702core:PreviouslyStatedAmount2024-05-31 4762702business:SmallEntities2024-06-012025-05-31 4762702countries:EnglandWales2024-06-012025-05-31 4762702core:LandBuildings2024-06-012025-05-31 4762702core:PlantMachinery2024-06-012025-05-31 4762702core:MotorVehicles2024-06-012025-05-31 4762702core:Goodwill2024-05-31 4762702core:Goodwill2025-05-31 4762702core:LandBuildings2024-05-31 4762702core:PlantMachinery2024-05-31 4762702core:MotorVehicles2024-05-31 4762702core:LandBuildings2025-05-31 4762702core:PlantMachinery2025-05-31 4762702core:MotorVehicles2025-05-31 47627022023-06-012024-05-31 iso4217:GBP xbrli:pure
Company Registration No. 4762702 (England and Wales)
M Feed Limited Unaudited accounts for the year ended 31 May 2025
M Feed Limited Unaudited accounts Contents
Page
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M Feed Limited Company Information for the year ended 31 May 2025
Directors
Mr Richard Mark Francis Mrs Margaret Ann Francis
Company Number
4762702 (England and Wales)
Registered Office
Four Winds Faugh, Heads Nook Brampton CA8 9EA
Accountants
Louise Utting Scaleby Mill Scaleby Carlisle CA6 4LF
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M Feed Limited Statement of financial position as at 31 May 2025
2025 
2024 
Notes
£ 
£ 
Fixed assets
Tangible assets
38,349 
10,781 
Current assets
Debtors
408,921 
422,689 
Cash at bank and in hand
108,409 
74,809 
517,330 
497,498 
Creditors: amounts falling due within one year
(476,680)
(426,362)
Net current assets
40,650 
71,136 
Total assets less current liabilities
78,999 
81,917 
Creditors: amounts falling due after more than one year
- 
(11,489)
Provisions for liabilities
Deferred tax
(9,586)
(2,694)
Net assets
69,413 
67,734 
Capital and reserves
Called up share capital
200 
200 
Profit and loss account
69,213 
67,534 
Shareholders' funds
69,413 
67,734 
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with the provisions of FRS 102 Section 1A - Small Entities. The profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 26 June 2025 and were signed on its behalf by
Mr Richard Mark Francis Director Company Registration No. 4762702
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M Feed Limited Notes to the Accounts for the year ended 31 May 2025
1
Statutory information
M Feed Limited is a private company, limited by shares, registered in England and Wales, registration number 4762702. The registered office is Four Winds, Faugh, Heads Nook, Brampton, CA8 9EA.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
3
Accounting policies
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
Basis of preparation
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed 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. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Intangible fixed assets
Intangible fixed assets (including purchased goodwill and patents) are included at cost less accumulated amortisation.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
10% straight line
Plant & machinery
20% reducing balance
Motor vehicles
20% reducing balance
Inventories
Inventories have been valued at the lower of cost and estimated selling price less costs to complete and sell. In respect of work in progress and finished goods, cost includes a relevant proportion of overheads according to the stage of manufacturing/completion.
Pension costs
The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are recognised in the profit and loss account when due.
Deferred taxation
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
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M Feed Limited Notes to the Accounts for the year ended 31 May 2025
Government grants
Government grants in relation to tangible fixed assets are credited to profit and loss account over the useful lives of the related assets, whereas those in relation to expenditure are credited when the expenditure is charged to profit and loss.
4
Intangible fixed assets
Goodwill 
£ 
Cost
At 1 June 2024
20,000 
At 31 May 2025
20,000 
Amortisation
At 1 June 2024
20,000 
At 31 May 2025
20,000 
Net book value
At 31 May 2025
- 
5
Tangible fixed assets
Land & buildings 
Plant & machinery 
Motor vehicles 
Total 
£ 
£ 
£ 
£ 
Cost or valuation
At cost 
At cost 
At cost 
At 1 June 2024
1,626 
8,140 
28,125 
37,891 
Additions
- 
275 
43,500 
43,775 
Disposals
- 
- 
(28,125)
(28,125)
At 31 May 2025
1,626 
8,415 
43,500 
53,541 
Depreciation
At 1 June 2024
1,304 
6,899 
18,907 
27,110 
Charge for the year
163 
301 
6,525 
6,989 
On disposals
- 
- 
(18,907)
(18,907)
At 31 May 2025
1,467 
7,200 
6,525 
15,192 
Net book value
At 31 May 2025
159 
1,215 
36,975 
38,349 
At 31 May 2024
322 
1,241 
9,218 
10,781 
6
Debtors
2025 
2024 
£ 
£ 
Amounts falling due within one year
VAT
150 
1,445 
Trade debtors
408,771 
421,244 
408,921 
422,689 
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M Feed Limited Notes to the Accounts for the year ended 31 May 2025
7
Creditors: amounts falling due within one year
2025 
2024 
£ 
£ 
Bank loans and overdrafts
11,373 
10,108 
Trade creditors
145,329 
106,166 
Taxes and social security
10,332 
10,168 
Loans from directors
308,616 
284,890 
Accruals
1,030 
15,030 
476,680 
426,362 
8
Creditors: amounts falling due after more than one year
2025 
2024 
£ 
£ 
Bank loans
- 
11,489 
9
Average number of employees
During the year the average number of employees was 2 (2024: 2).
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