REGISTERED NUMBER: 11470614 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

Tuk in Foods Manufacturing Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

T P Cropper

Ms P S Godley Maynard

P Grigg

REGISTERED OFFICE:

16 Highcliffe Road

Hamilton

Leicester

LE5 1TY

REGISTERED NUMBER:

11470614 (England and Wales)

ACCOUNTANTS:

Hills Accountants Limited

Greenhill House

First Floor East Wing

Thorpe Road

Peterborough

Cambridgeshire

PE3 6RU

FIXED ASSETS

Tangible assets

4

683,668

71,335

CURRENT ASSETS

Stocks

248,365

125,994

Debtors

5

36,229

428,188

Cash in hand

51

89

284,645

554,271

CREDITORS

Amounts falling due within one year

6

1,382,776

260,733

NET CURRENT (LIABILITIES)/ASSETS

(1,098,131

)

293,538

TOTAL ASSETS LESS CURRENT LIABILITIES

(414,463

)

364,873

CREDITORS

Amounts falling due after more than one year

7

-

258,228

NET (LIABILITIES)/ASSETS

(414,463

)

106,645

CAPITAL AND RESERVES

Called up share capital

1,150,001

1,150,001

Retained earnings

(1,564,464

)

(1,043,356

)

(414,463

)

106,645

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 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 26 September 2025 and were signed on its behalf by:

T P Cropper - Director

1.	STATUTORY INFORMATION

Tuk in Foods Manufacturing Ltd 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.

Tangible fixed assets

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

Land and buildings

-

in accordance with the property

Plant and machinery etc

-

Straight line over 7 years and Straight line over 3 years

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.

Changes in accounting estimate

During the financial year, the company conducted a comprehensive review of the useful lives and residual values of its tangible fixed assets at the balance sheet date. As a result of this review, the following changes in accounting estimates were made:

Useful Lives:

The useful lives of certain categories of assets were revised based upon the directors updated information about their expected economic benefits. The changes are as follows:

Leasehold property improvements : Decreased from 5 years to 'In accordance with the property'

Plant and Machinery: Decreased from 3 years to 7 years.

Impact on Financial Statements:

The changes in accounting estimates have been applied prospectively from the date of the change. The effect of these changes has been to decrease the depreciation expense by £98,097.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 57 (2023 - 25 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 January 2024

84,332

120,635

204,967

Additions

225,156

487,812

712,968

At 31 December 2024

309,488

608,447

917,935

DEPRECIATION

At 1 January 2024

30,484

103,148

133,632

Charge for year

26,442

74,193

100,635

At 31 December 2024

56,926

177,341

234,267

NET BOOK VALUE

At 31 December 2024

252,562

431,106

683,668

At 31 December 2023

53,848

17,487

71,335

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

960

189,491

Other debtors

35,269

238,697

36,229

428,188

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

81,638

20,990

Trade creditors

427,674

211,781

Amounts owed to group undertakings

777,286

-

Taxation and social security

72,081

25,021

Other creditors

24,097

2,941

1,382,776

260,733

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans

-

14,167

Amounts owed to participating interests

-

244,061

-

258,228

8.	LEASING AGREEMENTS

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

31.12.24

31.12.23

£

£

Within one year

22,000

-

Between one and five years

88,000

-

In more than five years

79,181

-

189,181

-