REGISTERED NUMBER: 03631099 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

THE LITTLE FOOD COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

Ms H E Barlow

T J Mathew

J J Mathew

REGISTERED OFFICE:

Glovers Meadow

Maesbury Industrial Estate

Oswestry

Shropshire

SY10 8NH

REGISTERED NUMBER:

03631099 (England and Wales)

AUDITORS:

D.R.E. & Co. (Audit) Limited

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

FIXED ASSETS

Tangible assets

5

-

63,331

CURRENT ASSETS

Stocks

-

831,687

Debtors: amounts falling due within one year

6

-

1,210,351

Cash at bank and in hand

2

139,295

2

2,181,333

CREDITORS

Amounts falling due within one year

7

-

871,975

NET CURRENT ASSETS

2

1,309,358

TOTAL ASSETS LESS CURRENT LIABILITIES

2

1,372,689

PROVISIONS FOR LIABILITIES

-

15,833

NET ASSETS

2

1,356,856

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

-

1,356,854

2

1,356,856

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 23 September 2025 and were signed on its behalf by:

J J Mathew - Director

1.	STATUTORY INFORMATION

The Little Food Company 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared 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" and the Companies Act 2006.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

The accounts are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

Going concern

As explained in note 10 to the financial statements, on 31 May 2024, the trading assets and liabilities of the Company were transferred to fellow group company Dunsters Farms Limited and as such The Little Food Company Limited has been kept in a commercial capacity.

Turnover

Turnover represents net invoiced sales of goods and services, excluding value added tax.

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 etc

-

at varying rates 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.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 13 (2023 - 28 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2024

236,252

Reclassification/transfer

(236,252

)

At 31 December 2024

-

DEPRECIATION

At 1 January 2024

172,921

Charge for year

7,199

Reclassification/transfer

(180,120

)

At 31 December 2024

-

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

63,331

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

-

488,912

Other debtors

-

97,313

Amounts owed by related party

-

574,787

VAT

-

20,238

Prepayments and accrued income

-

29,101

-

1,210,351

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

-

680,454

Tax

-

73,933

Social security and other taxes

-

10,036

Other creditors

-

18,628

Amounts owed to related party

-

61,654

Accrued expenses

-

27,270

-

871,975

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

-

23,379

Between one and five years

-

84,311

-

107,690

9.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aled R Davies (FCCA) (Senior Statutory Auditor)

for and on behalf of D.R.E. & Co. (Audit) Limited

10.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Dunsters Farm (Holdings) Limited is the parent of the largest and smallest group for which consolidated financial statements are prepared which include The Little Food Company Limited. The registered office of the ultimate parent company is the same as that of The Little Food Company Limited. Group accounts are freely available from Companies House.

On 31st May 2024, the net assets of The Little Food Company Limited were hived-across to Dunsters Farm Limited, via a distribution paid to the parent company, Dunsters Farm (Holdings) Limited. Both Dunsters Farm Limited and The Little Food Company Limited are 100% subsidiaries of Dunsters Farm (Holdings) Limited.

11.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Dunsters Farm (Holdings) Limited by virtue of their 100% shareholding in the company.