REGISTERED NUMBER: 08465630 (England and Wales)

ADLINGTON TURKEYS LIMITED

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R P Adlington

Mrs J C Adlington

REGISTERED OFFICE:

Pheasant Oak Farm

Hob Lane

Balsall Common

CV7 7GX

REGISTERED NUMBER:

08465630 (England and Wales)

ACCOUNTANTS:

Sephton & Company LLP

Chartered Certified Accountants

Marston House

5 Elmdon Lane

Marston Green

Solihull

West Midlands

B37 7DL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

13,486

24,832

13,486

24,832

CURRENT ASSETS

Debtors

6

24,612

42,166

Cash at bank and in hand

72,792

38,273

97,404

80,439

CREDITORS

Amounts falling due within one year

7

30,508

28,700

NET CURRENT ASSETS

66,896

51,739

TOTAL ASSETS LESS CURRENT LIABILITIES

80,382

76,571

CREDITORS

Amounts falling due after more than one year

8

(2,583

)

(13,244

)

PROVISIONS FOR LIABILITIES

(3,156

)

(4,718

)

NET ASSETS

74,643

58,609

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

74,641

58,607

SHAREHOLDERS' FUNDS

74,643

58,609

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

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

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 Board of Directors and authorised for issue on 19 September 2025 and were signed on its behalf by:

R P Adlington - Director

1.	STATUTORY INFORMATION

Adlington Turkeys 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Turnover represents the total revenue generated from the sale of turkey products.

Revenue is recognized when the turkey products are delivered to the customer.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2014, is being amortised evenly over its estimated useful life of five years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

25% on reducing balance

Motor vehicles

-

20% on reducing balance

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.

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.

Hire purchase and leasing commitments

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

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 2 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

75,000

AMORTISATION

At 1 April 2024

and 31 March 2025

75,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

30,620

4,934

19,100

54,654

Additions

-

-

3,445

3,445

Disposals

(30,620

)

-

(3,300

)

(33,920

)

At 31 March 2025

-

4,934

19,245

24,179

DEPRECIATION

At 1 April 2024

19,137

4,345

6,340

29,822

Charge for year

861

147

2,864

3,872

Eliminated on disposal

(19,998

)

-

(3,003

)

(23,001

)

At 31 March 2025

-

4,492

6,201

10,693

NET BOOK VALUE

At 31 March 2025

-

442

13,044

13,486

At 31 March 2024

11,483

589

12,760

24,832

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade debtors

(53

)

685

Other debtors

24,665

41,481

24,612

42,166

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans and overdrafts

10,000

10,000

Trade creditors

18

-

Amounts owed to associates

8,321

7,239

Taxation and social security

8,820

4,420

Other creditors

3,349

7,041

30,508

28,700

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31/3/25

31/3/24

£

£

Bank loans

2,583

13,244

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 March 2025 and 31 March 2024:

31/3/25

31/3/24

£

£

R P Adlington

Balance outstanding at start of year

6,077

97,075

Amounts advanced

20,140

6,077

Amounts repaid

(6,077

)

(97,075

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

20,140

6,077