REGISTERED NUMBER: 02831250 (England and Wales)

ACTION MEATS 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:

S Foster

J E Foster

SECRETARY:

J E Foster

REGISTERED OFFICE:

55 Ellers Drive

Bessacarr

Doncaster

South Yorkshire

DN4 7DW

REGISTERED NUMBER:

02831250 (England and Wales)

ACCOUNTANTS:

Dexter & Sharpe (Louth)

Chartered Certified Accountants

1 Eastgate

Louth

Lincolnshire

LN11 9NB

FIXED ASSETS

Tangible assets

3

104,999

64,596

CURRENT ASSETS

Stocks

-

36,000

Debtors

4

804,725

642,101

Cash at bank and in hand

434,920

555,656

1,239,645

1,233,757

CREDITORS

Amounts falling due within one year

5

669,055

659,801

NET CURRENT ASSETS

570,590

573,956

TOTAL ASSETS LESS CURRENT LIABILITIES

675,589

638,552

PROVISIONS FOR LIABILITIES

1,080

1,635

NET ASSETS

674,509

636,917

CAPITAL AND RESERVES

Called up share capital

250

250

Capital redemption reserve

750

750

Retained earnings

673,509

635,917

674,509

636,917

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 29 September 2025 and were signed on its behalf by:

J E Foster - Director

S Foster - Director

1.	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.

Improvements to property

-

Straight line over 20 years

Fixtures and fittings

-

20% on cost and Straight line over 20 years

Motor vehicles

-

20% on cost

Computer equipment

-

33% 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.

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.

2.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

3.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

Computer

property

fittings

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

35,092

28,313

29,083

4,504

96,992

Additions

-

-

57,703

1,614

59,317

At 31 March 2025

35,092

28,313

86,786

6,118

156,309

DEPRECIATION

At 1 April 2024

4,359

16,552

9,081

2,404

32,396

Charge for year

1,754

1,397

14,320

1,443

18,914

At 31 March 2025

6,113

17,949

23,401

3,847

51,310

NET BOOK VALUE

At 31 March 2025

28,979

10,364

63,385

2,271

104,999

At 31 March 2024

30,733

11,761

20,002

2,100

64,596

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

797,648

636,899

Other debtors

7,077

5,202

804,725

642,101

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

624,937

613,268

Taxation and social security

39,055

42,440

Other creditors

5,063

4,093

669,055

659,801

6.	ULTIMATE CONTROLLING PARTY