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REGISTERED NUMBER: 01299374 (England and Wales)



















Unaudited Financial Statements

for the Year Ended 30 November 2024

for

Preserva (Midlands) Limited

Preserva (Midlands) Limited (Registered number: 01299374)






Contents of the Financial Statements
for the Year Ended 30 November 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


Preserva (Midlands) Limited

Company Information
for the Year Ended 30 November 2024







DIRECTOR: D M Donnelly





SECRETARY: Mrs R A Donnelly





REGISTERED OFFICE: Atlow House
Moss Lane
Hulland Ward
Ashbourne
DE6 3FB





REGISTERED NUMBER: 01299374 (England and Wales)





ACCOUNTANTS: Bates Weston LLP
Chartered Accountants
The Mills
Canal Street
Derby
DE1 2RJ

Preserva (Midlands) Limited (Registered number: 01299374)

Balance Sheet
30 November 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 1,583,206 1,494,931
Investments 5 1,000 1,000
Investment property 6 1,618,675 1,618,675
3,202,881 3,114,606

CURRENT ASSETS
Stocks 52,058 45,992
Debtors 7 789,248 639,819
Cash at bank and in hand 16,915 40,034
858,221 725,845
CREDITORS
Amounts falling due within one year 8 169,206 127,111
NET CURRENT ASSETS 689,015 598,734
TOTAL ASSETS LESS CURRENT
LIABILITIES

3,891,896

3,713,340

CAPITAL AND RESERVES
Called up share capital 42,900 42,900
Retained earnings 3,848,996 3,670,440
SHAREHOLDERS' FUNDS 3,891,896 3,713,340

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 2024 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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.

Preserva (Midlands) Limited (Registered number: 01299374)

Balance Sheet - continued
30 November 2024


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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 26 August 2025 and were signed by:





D M Donnelly - Director


Preserva (Midlands) Limited (Registered number: 01299374)

Notes to the Financial Statements
for the Year Ended 30 November 2024

1. STATUTORY INFORMATION

Preserva (Midlands) 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.

Preparation of consolidated financial statements
The financial statements contain information about Preserva (Midlands) Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

Turnover
Rental income receivable is recognised when rentals are due in accordance with the lease terms.

Turnover from sales of pedigree simmentals is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the agreed upon payment will be received.

Trading turnover represents the amounts (excluding value added tax) derived from the provision of goods and services to customers during the year. Turnover is recognised when the company has transferred the significant risks and rewards of ownership to the buyer and it is probable that the company will receive the agreed upon payment.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold Land - No depreciation
Plant and machinery - 15% on reducing balance
Motor vehicles - Between 0% and 25% on reducing balance

Investments in subsidiaries
Fixed asset investments are stated at cost less any permanent diminution in value.

Investment property
Investment property is not depreciated but is revalued annually at its fair value, in accordance with the provisions of Section 1A "Small Entities" of Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland". Any aggregate surplus or deficit arising from changes in fair value is recognised in the profit and loss account and transferred to a fair value reserve.

Stocks
The pedigree herd is valued at cost or the cost of production at the time of transfer to the herd. Other livestock are valued at the lower of cost of production and fair value.

Leasing commitments
Rentals receivable under operating leases are charged to the profit and loss account as incurred.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2023 - 3 ) .

Preserva (Midlands) Limited (Registered number: 01299374)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor
Land machinery vehicles Totals
£    £    £    £   
COST
At 1 December 2023 1,465,914 5,677 42,668 1,514,259
Additions 89,769 1,500 - 91,269
At 30 November 2024 1,555,683 7,177 42,668 1,605,528
DEPRECIATION
At 1 December 2023 - 4,632 14,696 19,328
Charge for year - 195 2,799 2,994
At 30 November 2024 - 4,827 17,495 22,322
NET BOOK VALUE
At 30 November 2024 1,555,683 2,350 25,173 1,583,206
At 30 November 2023 1,465,914 1,045 27,972 1,494,931

5. FIXED ASSET INVESTMENTS
Shares in
group
undertakings
£   
COST
At 1 December 2023
and 30 November 2024 1,000
NET BOOK VALUE
At 30 November 2024 1,000
At 30 November 2023 1,000

6. INVESTMENT PROPERTY
Total
£   
FAIR VALUE
At 1 December 2023
and 30 November 2024 1,618,675
NET BOOK VALUE
At 30 November 2024 1,618,675
At 30 November 2023 1,618,675

Fair value at 30 November 2024 is represented by:
£   
Valuation in 2024 1,618,675

Preserva (Midlands) Limited (Registered number: 01299374)

Notes to the Financial Statements - continued
for the Year Ended 30 November 2024

6. INVESTMENT PROPERTY - continued

If investment property had not been revalued it would have been included at the following historical cost:

2024 2023
£    £   
Cost 1,618,675 1,618,675
Aggregate depreciation (443,018 ) (410,645 )

Investment property was valued on a fair value basis on 30 November 2024 by the director .

7. DEBTORS
2024 2023
£    £   
Amounts falling due within one year:
Trade debtors 200 264
Amounts owed by related parties 525,152 525,128
Other debtors 156,734 6,733
Tax - 750
Prepayments and accrued income 4,414 4,194
686,500 537,069

Amounts falling due after more than one year:
Other debtors 80,998 81,000
Tax 21,750 21,750
102,748 102,750

Aggregate amounts 789,248 639,819

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors - 8,790
Amounts owed to subsidiary undertaking 1,000 1,000
Amounts owed to related parties 65,433 65,433
Tax 62,475 612
Social security and other taxes 8,606 18,399
Other creditors 23,182 22,554
Director's current account 311 249
Accruals and deferred income 8,199 10,074
169,206 127,111