REGISTERED NUMBER: NI063650 (Northern Ireland)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Slieveview Pigs Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr H J Miller

Mrs L Miller

Mr M H Miller

SECRETARY:

Mrs L Miller

REGISTERED OFFICE:

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

REGISTERED NUMBER:

NI063650 (Northern Ireland)

ACCOUNTANTS:

M.B.McGrady & Co

Chartered Accountants

Suite 2B

Cadogan House

322 Lisburn Road

Belfast

Co. Antrim

BT9 6GH

BANKERS:

Santander UK plc

BBAM

Bridle Road

Bootle

Merseyside

L30 4GB

FIXED ASSETS

Tangible assets

4

474,146

518,827

Investments

5

510,213

510,213

984,359

1,029,040

CURRENT ASSETS

Stocks

6

379,275

391,650

Debtors

7

48,572

36,073

Cash at bank

737,504

524,974

1,165,351

952,697

CREDITORS

Amounts falling due within one year

8

261,395

253,141

NET CURRENT ASSETS

903,956

699,556

TOTAL ASSETS LESS CURRENT LIABILITIES

1,888,315

1,728,596

CAPITAL AND RESERVES

Called up share capital

130

130

Retained earnings

1,888,185

1,728,466

SHAREHOLDERS' FUNDS

1,888,315

1,728,596

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 and authorised for issue by the Board of Directors and authorised for issue on 10 September 2025 and were signed on its behalf by:

Mr H J Miller - Director

Mrs L Miller - Director

1.	STATUTORY INFORMATION

Slieveview Pigs Ltd is a private company, limited by shares , registered in Northern Ireland. 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.

Freehold property

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Office equipment

-

20% on reducing balance

Stocks

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

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.

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 6 (2024 - 6 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Office

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

130,281

1,051,756

48,890

7,161

1,238,088

Additions

-

37,090

-

987

38,077

At 31 March 2025

130,281

1,088,846

48,890

8,148

1,276,165

DEPRECIATION

At 1 April 2024

64,754

623,911

25,320

5,276

719,261

Charge for year

6,552

69,740

5,892

574

82,758

At 31 March 2025

71,306

693,651

31,212

5,850

802,019

NET BOOK VALUE

At 31 March 2025

58,975

395,195

17,678

2,298

474,146

At 31 March 2024

65,527

427,845

23,570

1,885

518,827

5.	FIXED ASSET INVESTMENTS

Other

investment

£

COST

At 1 April 2024

and 31 March 2025

510,213

NET BOOK VALUE

At 31 March 2025

510,213

At 31 March 2024

510,213

6.

STOCKS

31/3/25

31/3/24

£

£

Stocks

342,550

329,350

Raw materials

36,725

62,300

379,275

391,650

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Other debtors

46,101

17,277

VAT

2,471

18,796

48,572

36,073

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31/3/25

31/3/24

£

£

Trade creditors

105,177

136,819

Tax

99,084

54,208

PAYE & NIC

672

458

Directors' current accounts

52,962

58,156

Accruals and deferred income

3,500

3,500

261,395

253,141