B PRICE QUALITY MEATS LIMITED

Company Registration Number:
NI673703 (Northern Ireland)

Unaudited abridged accounts for the year ended 31 October 2024

Period of accounts

Start date: 01 November 2023

End date: 31 October 2024

B PRICE QUALITY MEATS LIMITED

Contents of the Financial Statements

for the Period Ended 31 October 2024

Balance sheet
Notes

B PRICE QUALITY MEATS LIMITED

Balance sheet

As at 31 October 2024


Notes

2024

2023


£

£
Fixed assets
Tangible assets: 3 44,535 18,851
Total fixed assets: 44,535 18,851
Current assets
Stocks: 7,552 8,177
Debtors:   10,992 8,095
Cash at bank and in hand: 24,765 13,734
Total current assets: 43,309 30,006
Creditors: amounts falling due within one year:   (57,996) (43,904)
Net current assets (liabilities): (14,687) (13,898)
Total assets less current liabilities: 29,848 4,953
Creditors: amounts falling due after more than one year:   (24,509) (2,329)
Total net assets (liabilities): 5,339 2,624
Capital and reserves
Called up share capital: 100 100
Profit and loss account: 5,239 2,524
Shareholders funds: 5,339 2,624

The notes form part of these financial statements

B PRICE QUALITY MEATS LIMITED

Balance sheet statements

For the year ending 31 October 2024 the company was entitled to exemption 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.

The members have agreed to the preparation of abridged accounts for this accounting period in accordance with Section 444(2A).

These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

The directors have chosen to not file a copy of the company’s profit & loss account.

This report was approved by the board of directors on 24 June 2025
and signed on behalf of the board by:

Name: Mr B Price
Status: Director

The notes form part of these financial statements

B PRICE QUALITY MEATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

1. Accounting policies

These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Tangible fixed assets and depreciation policy

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life.

B PRICE QUALITY MEATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

2. Employees

2024 2023
Average number of employees during the period 8 10

B PRICE QUALITY MEATS LIMITED

Notes to the Financial Statements

for the Period Ended 31 October 2024

3. Tangible Assets

Total
Cost £
At 01 November 2023 53,538
Additions 43,161
Disposals (23,090)
At 31 October 2024 73,609
Depreciation
At 01 November 2023 34,687
Charge for year 9,684
On disposals (15,297)
At 31 October 2024 29,074
Net book value
At 31 October 2024 44,535
At 31 October 2023 18,851