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REGISTERED NUMBER: 00592242 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 31st March 2025

for

HIGGINS BROS DAIRIES LIMITED

HIGGINS BROS DAIRIES LIMITED (REGISTERED NUMBER: 00592242)






Contents of the Financial Statements
for the year ended 31st March 2025




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 4


HIGGINS BROS DAIRIES LIMITED

Company Information
for the year ended 31st March 2025







DIRECTORS: P V Budd
C R Higgins
Mrs L M Malcolm





SECRETARY: P V Budd





REGISTERED OFFICE: Suffolk House
George Street
Croydon
Surrey
CR0 0YN





REGISTERED NUMBER: 00592242 (England and Wales)





ACCOUNTANTS: TC Group
Office: Croydon - TC SWP
3rd Floor, Suffolk House
George Street
Croydon
CR0 0YN

HIGGINS BROS DAIRIES LIMITED (REGISTERED NUMBER: 00592242)

Statement of Financial Position
31st March 2025

31.3.25 31.3.24
Notes £    £   
CURRENT ASSETS
Debtors 4 2,787 -
Investments 5 829,661 993,382
Cash at bank 31,218 59,238
863,666 1,052,620
CREDITORS
Amounts falling due within one year 6 5,100 5,483
NET CURRENT ASSETS 858,566 1,047,137
TOTAL ASSETS LESS CURRENT LIABILITIES 858,566 1,047,137

PROVISIONS FOR LIABILITIES 23,834 23,123
NET ASSETS 834,732 1,024,014

CAPITAL AND RESERVES
Called up share capital 10,000 10,000
Fair value reserve 7 101,605 98,572
Retained earnings 723,127 915,442
SHAREHOLDERS' FUNDS 834,732 1,024,014

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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.

HIGGINS BROS DAIRIES LIMITED (REGISTERED NUMBER: 00592242)

Statement of Financial Position - continued
31st March 2025


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 Comprehensive Income has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 20th July 2025 and were signed on its behalf by:





C R Higgins - Director


HIGGINS BROS DAIRIES LIMITED (REGISTERED NUMBER: 00592242)

Notes to the Financial Statements
for the year ended 31st March 2025

1. STATUTORY INFORMATION

Higgins Bros Dairies 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 as modified by the revaluation of certain assets.

Financial instruments
The company only enters into basic financial instruments transactions that result in the recognition of financial assets and liabilities like trade and other amounts receivable and payable and loans from banks and other third parties. Financial assets that are measured at cost are assessed at the end of each reporting period for objective evidence of impairment. If objective evidence of impairment is found, an impairment loss is recognised in the Statement of Comprehensive Income.

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 statement of financial position date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments
Investments in securities listed on a recognised stock exchange are included at their market value at the balance sheet date. Unrealised gains and losses pass through the profit and loss account and are then transferred to the fair value reserve.

Current asset investment properties
Investment properties are shown at their open market value. The surplus arising from the annual revaluations is transferred to the investment revaluation reserve. A permanent impairment will be charged to the profit and loss account but a downward revaluation that does not reflect a permanent impairment will be accounted for as a charge to the investment revaluation reserve.

3. EMPLOYEES AND DIRECTORS

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

HIGGINS BROS DAIRIES LIMITED (REGISTERED NUMBER: 00592242)

Notes to the Financial Statements - continued
for the year ended 31st March 2025

4. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Other debtors 2,787 -

5. CURRENT ASSET INVESTMENTS
31.3.25 31.3.24
£    £   
Listed investments 829,661 993,382

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Sundry creditors and accruals 5,100 5,483

7. RESERVES
Fair
value
reserve
£   
At 1st April 2024 98,572
Movement in fair value 3,033

At 31st March 2025 101,605

8. ULTIMATE CONTROLLING PARTY

The company has no ultimate controlling party.