The Clarendon Food Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 01482880 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Clarendon Food Company Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

488,957

502,472

Investments

5

100

489,057

502,572

CURRENT ASSETS

Stocks

225,551

232,424

Debtors

6

297,686

239,335

Investments

7

200

Cash at bank and in hand

729,674

768,376

1,253,111

1,240,335

CREDITORS

Amounts falling due within one year

8

281,656

320,194

NET CURRENT ASSETS

971,455

920,141

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,460,512

1,422,713

CREDITORS

Amounts falling due after more than one year

9

(122,414

)

(164,467

)

PROVISIONS FOR LIABILITIES

(7,546

)

(9,933

)

NET ASSETS

1,330,552

1,248,313

CAPITAL AND RESERVES

Called up share capital

65,100

Retained earnings

1,265,452

1,183,213

SHAREHOLDERS' FUNDS

1,330,552

1,248,313

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 30 September 2025 and were signed on its behalf by:

Mr J D L Jones - Director

1.	STATUTORY INFORMATION

The Clarendon Food Company Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

01482880

Registered office:

Bryn

Y Ffor

Pwllheli

Gwynedd

LL53 6RL

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

-

not provided

Plant and machinery etc

-

25% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Stocks

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

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 21 (2023 - 21 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST

At 1 January 2024

447,972

420,610

868,582

Additions

-

336

Disposals

-

(33,601

)

(33,601

)

At 31 December 2024

447,972

387,345

835,317

DEPRECIATION

At 1 January 2024

-

366,110

Charge for year

-

13,661

Eliminated on disposal

-

(33,411

)

(33,411

)

At 31 December 2024

-

346,360

NET BOOK VALUE

At 31 December 2024

447,972

40,985

488,957

At 31 December 2023

447,972

54,500

502,472

5.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 January 2024

and 31 December 2024

100

NET BOOK VALUE

At 31 December 2024

100

At 31 December 2023

100

The company's investments at the balance sheet date in the share capital of companies include the following:

Welsh Lady Preserves

Nature of business : Dormant

%

Class of shares: holding Ordinary Shares 100.00

31.12.10

31.12.09

£

Aggregate capital and reserves

100

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

271,277

227,527

Other debtors

26,409

11,808

297,686

239,335

7.	CURRENT ASSET INVESTMENTS

31.12.24

31.12.23

£

Unlisted investments

200

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Bank loans and overdrafts

10,586

9,716

Trade creditors

61,908

78,556

Taxation and social security

25,533

11,764

Other creditors

183,629

220,158

281,656

320,194

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.24

31.12.23

£

Bank loans

9,032

21,085

Other creditors

113,382

143,382

122,414

164,467

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.24

31.12.23

£

Bank overdrafts

553

816

Bank loans

19,065

29,985

19,618

30,801

The following security is held by HSBC bank plc:

Debenture including Fixed Equitable Charge over all present and future freehold and leasehold property; First Fixed Charge over, among other things, book and other debts, chattels, goodwill and uncalled capital, both present and future; and First Floating Charge over all assets and undertaking both present and future of HSBC.

First Legal Mortgage over the freehold of the property known as Bryn, Y Ffor, Pwllheli, Gwynedd, LL53 6RL, given by The Clarendon Food Company Limited.

First Legal Charge over the freehold land known as Land Lying to the West of Bryn Llandegwydd given by The Clarendon Food Company Limited.

11.	ULTIMATE CONTROLLING PARTY

The controlling party is Mr J D L Jones.

The ultimate controlling party is Mr J D L Jones.

Mr. J. D. Ll. Jones holds 45% of the ordinary shares of the company and the D. Jones 1999/1 Trust holds 40% of the ordinary shares.

The sole beneficiary, and joint trustee of the trust is Mr. J. D. Ll. Jones and he is therefore the ultimate controlling party.