Caseware UK (AP4) 2024.0.164 2024.0.164 2024-12-312024-12-31truetrue2024-01-01falsePoultry machinery2630 07803669 2024-01-01 2024-12-31 07803669 2024-12-31 07803669 2023-01-01 2023-12-31 07803669 2023-12-31 07803669 2023-01-01 07803669 c:Director5 2024-01-01 2024-12-31 07803669 d:PlantMachinery 2024-01-01 2024-12-31 07803669 d:PlantMachinery 2024-12-31 07803669 d:PlantMachinery 2023-12-31 07803669 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07803669 d:MotorVehicles 2024-01-01 2024-12-31 07803669 d:MotorVehicles 2024-12-31 07803669 d:MotorVehicles 2023-12-31 07803669 d:MotorVehicles d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07803669 d:OfficeEquipment 2024-01-01 2024-12-31 07803669 d:OfficeEquipment 2024-12-31 07803669 d:OfficeEquipment 2023-12-31 07803669 d:OfficeEquipment d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07803669 d:OwnedOrFreeholdAssets 2024-01-01 2024-12-31 07803669 d:CurrentFinancialInstruments 2024-12-31 07803669 d:CurrentFinancialInstruments 2023-12-31 07803669 d:Non-currentFinancialInstruments 2024-12-31 07803669 d:Non-currentFinancialInstruments 2023-12-31 07803669 d:CurrentFinancialInstruments d:WithinOneYear 2024-12-31 07803669 d:CurrentFinancialInstruments d:WithinOneYear 2023-12-31 07803669 d:Non-currentFinancialInstruments d:AfterOneYear 2024-12-31 07803669 d:Non-currentFinancialInstruments d:AfterOneYear 2023-12-31 07803669 d:ShareCapital 2024-01-01 2024-12-31 07803669 d:ShareCapital 2024-12-31 07803669 d:ShareCapital 2023-01-01 2023-12-31 07803669 d:ShareCapital 2023-12-31 07803669 d:ShareCapital 2023-01-01 07803669 d:SharePremium 2024-01-01 2024-12-31 07803669 d:SharePremium 2024-12-31 07803669 d:SharePremium 2023-01-01 2023-12-31 07803669 d:SharePremium 2023-12-31 07803669 d:SharePremium 2023-01-01 07803669 d:RetainedEarningsAccumulatedLosses 2024-01-01 2024-12-31 07803669 d:RetainedEarningsAccumulatedLosses 2024-12-31 07803669 d:RetainedEarningsAccumulatedLosses 2023-01-01 2023-12-31 07803669 d:RetainedEarningsAccumulatedLosses 2023-12-31 07803669 d:RetainedEarningsAccumulatedLosses 2023-01-01 07803669 c:OrdinaryShareClass1 2024-01-01 2024-12-31 07803669 c:OrdinaryShareClass1 2024-12-31 07803669 c:OrdinaryShareClass1 2023-12-31 07803669 c:OrdinaryShareClass2 2024-01-01 2024-12-31 07803669 c:OrdinaryShareClass2 2024-12-31 07803669 c:OrdinaryShareClass2 2023-12-31 07803669 c:OrdinaryShareClass3 2024-01-01 2024-12-31 07803669 c:OrdinaryShareClass3 2024-12-31 07803669 c:OrdinaryShareClass3 2023-12-31 07803669 c:FRS102 2024-01-01 2024-12-31 07803669 c:Audited 2024-01-01 2024-12-31 07803669 c:FullAccounts 2024-01-01 2024-12-31 07803669 c:PrivateLimitedCompanyLtd 2024-01-01 2024-12-31 07803669 c:SmallCompaniesRegimeForAccounts 2024-01-01 2024-12-31 iso4217:GBP xbrli:shares xbrli:pure

Company Registration Number 07803669























VENCOMATIC POULTRY UK LIMITED





AUDITED
FINANCIAL STATEMENTS





 31 DECEMBER 2024























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VENCOMATIC POULTRY UK LIMITED
REGISTERED NUMBER: 07803669

STATEMENT OF FINANCIAL POSITION
AS AT 31 DECEMBER 2024

2024
2023
Note
£
£

Fixed assets
  

Tangible assets
 4 
125,981
62,657

  
125,981
62,657

Current assets
  

Stocks
 5 
614,088
655,342

Debtors: amounts falling due within one year
 6 
7,357,599
1,268,496

Cash at bank and in hand
 7 
1,022,325
291,017

  
8,994,012
2,214,855

Creditors: amounts falling due within one year
 8 
(8,945,721)
(2,069,324)

Net current assets
  
 
 
48,291
 
 
145,531

Total assets less current liabilities
  
174,272
208,188

Creditors: amounts falling due after more than one year
 9 
-
(378,000)

  

Net assets/(liabilities)
  
174,272
(169,812)


Capital and reserves
  

Called up share capital 
 10 
1,215
1,215

Share premium account
  
4,430
4,430

Profit and loss account
  
168,627
(175,457)

  
174,272
(169,812)


The financial statements have been prepared 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 financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 2 July 2025.




................................................
L J F Van De Ven
Director

The notes on pages 3 to 9 form part of these financial statements.
Page 1

 
VENCOMATIC POULTRY UK LIMITED
 

STATEMENT OF CHANGES IN EQUITY
FOR THE PERIOD ENDED 31 DECEMBER 2024


Called up share capital
Share premium account
Profit and loss account
Total equity

£
£
£
£


At 1 January 2023
1,215
4,430
(490,567)
(484,922)


Comprehensive income for the year

Profit for the year
-
-
315,110
315,110
Total comprehensive income for the year
-
-
315,110
315,110



At 1 January 2024
1,215
4,430
(175,457)
(169,812)


Comprehensive income for the period

Profit for the period
-
-
344,084
344,084
Total comprehensive income for the period
-
-
344,084
344,084


At 31 December 2024
1,215
4,430
168,627
174,272


The notes on pages 3 to 9 form part of these financial statements.
Page 2

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

1.


General information

The company is a private company limited by shares, incorporated and domiciled in the United Kingdom. The company is a tax resident in the United Kingdom. It trades from its registered office address at Avian House, Thirsk Industrial Park, Thirsk, Y07 3BX. 
The principal activity of the company is sales of equipment and spares to the poultry industry. 

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The following principal accounting policies have been applied:

 
2.2

Going concern

After consideration of all factors the directors continue to adopt the going concern basis in preparing the financial statements. A letter of support has been provided from the parent company in relation to the Vencomatic Poultry and the directors have assesed the support will be forthcoming.

 
2.3

Foreign currency translation

Functional and presentation currency

The company's functional and presentational currency is GBP.

Transactions and balances

Foreign currency transactions are translated into the functional currency using the spot exchange rates at the dates of the transactions.

At each period end foreign currency monetary items are translated using the closing rate. Non-monetary items measured at historical cost are translated using the exchange rate at the date of the transaction and non-monetary items measured at fair value are measured using the exchange rate when fair value was determined.

Page 3

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.4

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the company has transferred the significant risks and rewards of ownership to the buyer;
the company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Any deposits received for future work will be held as deferred income until the project is 100% complete, where it will then be recognised in Turnvover.

 
2.5

Operating leases: the company as lessee

Rentals paid under operating leases are charged to profit or loss on a straight-line basis over the lease term.

The company has taken advantage of the optional exemption available on transition to FRS 102 which allows lease incentives on leases entered into before the date of transition to the standard on 1 January 2022 to continue to be charged over the period to the first market rent review rather than the term of the lease.

 
2.6

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Page 4

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.7

Pensions

Defined contribution pension plan

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

 
2.8

Taxation

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates income.

 
2.9

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, depending on the class.

Depreciation is provided on the following basis:

Plant and equipment
-
25%
Reducing Balance Basis
Motor vehicles
-
25%
Reducing Balance Basis
Office equipment
-
33%
Straight Line Basis

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.10

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each reporting date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

Page 5

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

2.Accounting policies (continued)

 
2.11

Debtors

Short term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at transation value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.12

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.13

Creditors

Short term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at transaction value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

 
2.14

Financial instruments

The company only enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.


3.


Employees

The average monthly number of employees, including directors, during the period was 26 (2023 - 30).

Page 6

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

4.


Tangible fixed assets





Plant and machinery
Motor vehicles
Office equipment
Total

£
£
£
£



Cost


At 1 January 2024
19,387
114,886
58,274
192,547


Additions
-
97,742
16,702
114,444


Disposals
-
(67,750)
-
(67,750)



At 31 December 2024

19,387
144,878
74,976
239,241



Depreciation


At 1 January 2024
13,789
62,650
53,451
129,890


Charge for the period on owned assets
1,349
23,165
4,901
29,415


Disposals
-
(46,045)
-
(46,045)



At 31 December 2024

15,138
39,770
58,352
113,260



Net book value



At 31 December 2024
4,249
105,108
16,624
125,981



At 31 December 2023
5,598
52,236
4,823
62,657


5.


Stocks

2024
2023
£
£

Raw materials and consumables
614,088
655,342

614,088
655,342



6.


Debtors

2024
2023
£
£


Trade debtors
4,694,071
818,823

Amounts owed by group undertakings
193,985
164,489

Other debtors
18,071
264,613

Prepayments and accrued income
2,451,472
20,571

7,357,599
1,268,496


Page 7

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

7.


Cash and cash equivalents

2024
2023
£
£

Cash at bank and in hand
1,022,325
291,017

1,022,325
291,017



8.


Creditors: Amounts falling due within one year

2024
2023
£
£

Trade creditors
427,347
1,176,923

Amounts owed to Group
2,312,604
-

Other taxation and social security
479,883
202,893

Other creditors
6,653
640,224

Accruals and deferred income
5,719,234
49,284

8,945,721
2,069,324



9.


Creditors: Amounts falling due after more than one year

2024
2023
£
£

Bank loans
-
30,000

Amounts owed to related parties
-
348,000

-
378,000



10.


Share capital

2024
2023
£
£
Allotted, called up and fully paid



1,000 (2023 - 1,000) A Ordinary shares of £1.00 each
1,000
1,000
170 (2023 - 170) B Ordinary shares of £1.00 each
170
170
45 (2023 - 45) C Ordinary shares of £1.00 each
45
45

1,215

1,215


Page 8

 
VENCOMATIC POULTRY UK LIMITED
 

 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE PERIOD ENDED 31 DECEMBER 2024

11.


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 £36,787 (2023 - £27,169). Contributions totalling £6,654 (2023 - £4,611) were payable to the fund at the reporting date and are included in creditors.


12.


Related party transactions

The Company has taken advantage of the exemption contained in Section 33 of FRS 102 "Related Party Disclosures" from disclosing transactions with related parties which are on an arms length basis. 


13.


Controlling party

The ultimate controlling party of Vencomatic Poultry UK Limited are the directors of the company's ultimate parent, Van De Ven Beheer B.V, incorporated in the Netherlands.


14.


Auditors' information

The auditors' report on the financial statements for the period ended 31 December 2024 was unqualified.

The audit report was signed on 2 July 2025 by Simon Turner (Senior Statutory Auditor) on behalf of Armstrong Watson Audit Limited.


Page 9