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REGISTERED NUMBER: SC545239 (Scotland)

| Unaudited Financial Statements |

| For The Year Ended 31 December 2024 |

| for |

| Just Natural Feeds Ltd |

| Just Natural Feeds Ltd (Registered number: SC545239) |

Contents of the Financial Statements

For The Year Ended 31 December 2024

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| Chartered Accountants' Report | 8 |

| Just Natural Feeds Ltd |

Company Information

For The Year Ended 31 December 2024

| DIRECTOR: | J Barrie

| REGISTERED OFFICE: | 1 Cambuslang Court

| Cambuslang

| Glasgow

| Strathclyde

| G32 8FH

| REGISTERED NUMBER: | SC545239 (Scotland)

| ACCOUNTANTS: | Atkinson Donnelly LLP

| 1 Cambuslang Court

| Cambuslang

| Glasgow

| Strathclyde

| G32 8FH

| Just Natural Feeds Ltd (Registered number: SC545239) |

Balance Sheet

31 December 2024

| 31.12.24 | 31.12.23 |

| Notes | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 243,246 |  | 246,198 |  |

CURRENT ASSETS

Stocks | 305,000 |  | 205,000 |  |

Debtors | 5 | 111,834 |  | 169,117 |  |

Cash at bank | 492,570 |  | 614,096 |  |

909,404 |  | 988,213 |  |

CREDITORS

Amounts falling due within one year | 6 | 363,307 |  | 436,221 |  |

NET CURRENT ASSETS | 546,097 |  | 551,992 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 789,343 |  | 798,190 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (74,947 | ) | (125,758 | ) |

PROVISIONS FOR LIABILITIES | 8 | (14,641 | ) | (28,443 | ) |

NET ASSETS | 699,755 |  | 643,989 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 699,655 |  | 643,889 |  |

699,755 |  | 643,989 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

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

| Just Natural Feeds Ltd (Registered number: SC545239) |

Balance Sheet - continued

31 December 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 19 September 2025 and were signed by:

J Barrie - Director

| Just Natural Feeds Ltd (Registered number: SC545239) |

Notes to the Financial Statements

For The Year Ended 31 December 2024

1. | STATUTORY INFORMATION

| Just Natural Feeds Ltd is a private company, limited by shares , registered in Scotland. 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.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

| Improvements to property | - | 10% on cost

| Plant and machinery | - | 20% on cost

| Fixtures and fittings | - | 20% on reducing balance

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 33% on cost

| Stocks

| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

| Financial instruments

| Debtors

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

| Creditors

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

| Cash and Bank Balances

| Cash and bank balances are measured at the transaction price.

| 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 balance sheet date.

| Just Natural Feeds Ltd (Registered number: SC545239) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

2. | ACCOUNTING POLICIES - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

| Pension costs and other post-retirement benefits

| The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 20 (2023 - 21 ) .

4. | TANGIBLE FIXED ASSETS

| Improvements |  | Fixtures

| to |  | Plant and |  | and

| property |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 January 2024 | 84,549 |  | 585,852 |  | 11,472 |  |

| Additions | 110,799 |  | 2,942 |  | - |  |

| Disposals | - |  | - |  | - |  |

| At 31 December 2024 | 195,348 |  | 588,794 |  | 11,472 |  |

| DEPRECIATION

| At 1 January 2024 | 33,920 |  | 452,263 |  | 4,406 |  |

| Charge for year | 19,535 |  | 79,473 |  | 1,413 |  |

| Eliminated on disposal | - |  | - |  | - |  |

| At 31 December 2024 | 53,455 |  | 531,736 |  | 5,819 |  |

| NET BOOK VALUE

| At 31 December 2024 | 141,893 |  | 57,058 |  | 5,653 |  |

| At 31 December 2023 | 50,629 |  | 133,589 |  | 7,066 |  |

| Just Natural Feeds Ltd (Registered number: SC545239) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

4. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 January 2024 | 120,925 |  | 13,750 |  | 816,548 |  |

| Additions | - |  | - |  | 113,741 |  |

| Disposals | (19,995 | ) | - |  | (19,995 | ) |

| At 31 December 2024 | 100,930 |  | 13,750 |  | 910,294 |  |

| DEPRECIATION

| At 1 January 2024 | 66,912 |  | 12,849 |  | 570,350 |  |

| Charge for year | 12,836 |  | 767 |  | 114,024 |  |

| Eliminated on disposal | (17,326 | ) | - |  | (17,326 | ) |

| At 31 December 2024 | 62,422 |  | 13,616 |  | 667,048 |  |

| NET BOOK VALUE

| At 31 December 2024 | 38,508 |  | 134 |  | 243,246 |  |

| At 31 December 2023 | 54,013 |  | 901 |  | 246,198 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Trade debtors | 51,929 |  | 57,601 |  |

| Other debtors | 59,905 |  | 111,516 |  |

111,834 |  | 169,117 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans and overdrafts | 27,315 |  | 9,116 |  |

| Hire purchase contracts | 30,890 |  | 60,599 |  |

| Trade creditors | 171,820 |  | 229,244 |  |

| Taxation and social security | 85,031 |  | 96,238 |  |

| Other creditors | 48,251 |  | 41,024 |  |

363,307 |  | 436,221 |  |

| Just Natural Feeds Ltd (Registered number: SC545239) |

Notes to the Financial Statements - continued

For The Year Ended 31 December 2024

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.12.24 |  | 31.12.23

£ | £ |

| Bank loans | 27,412 |  | 13,334 |  |

| Hire purchase contracts | 19,535 |  | 50,424 |  |

| Other creditors | 28,000 |  | 62,000 |  |

74,947 |  | 125,758 |  |

8. | PROVISIONS FOR LIABILITIES

| 31.12.24 |  | 31.12.23

£ | £ |

| Deferred tax | 14,641 |  | 28,443 |  |

| Deferred |

| tax |

£ |

| Balance at 1 January 2024 | 28,443 |  |

| Utilised during year | (13,802 | ) |

| Balance at 31 December 2024 | 14,641 |  |

9. | DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

| At the year end the director owed £6,885 (2024 - £47,113) to the company.

Chartered Accountants' Report to the Director

on the Unaudited Financial Statements of

Just Natural Feeds Ltd

The following reproduces the text of the report prepared for the director in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Just Natural Feeds Ltd for the year ended 31 December 2024 which comprise the Income Statement, Balance Sheet, Statement of Changes in Equity and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of ICAS, we are subject to its ethical and other professional requirements which are detailed at https://icas.com/icas-framework-preparation-of-accounts.

This report is made solely to the director of Just Natural Feeds Ltd in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Just Natural Feeds Ltd and state those matters that we have agreed to state to the director of Just Natural Feeds Ltd in this report in accordance with the requirements of ICAS as detailed at https://icas.com/icas-framework-preparation-of-accounts. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its director for our work or for this report.

It is your duty to ensure that Just Natural Feeds Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Just Natural Feeds Ltd. You consider that Just Natural Feeds Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Just Natural Feeds Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Atkinson Donnelly LLP

1 Cambuslang Court

Cambuslang

Glasgow

Strathclyde

G32 8FH

19 September 2025