ACCOUNTS - Final Accounts

Registered number: 06032698

YORK HOUSE FOODS LIMITED

ANNUAL REPORT AND FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

YORK HOUSE FOODS LIMITED

COMPANY INFORMATION

DIRECTORS	I J Affleck
	D Marsh


REGISTERED NUMBER	06032698


REGISTERED OFFICE	Shannon Place
	Shannon Road
	Potton
	Sandy
	Bedfordshire
	SG19 2YH


INDEPENDENT AUDITORS	Barnes Roffe Audit Limited
	Chartered Accountants Statutory Auditor
	Leytonstone House
	3 Hanbury Drive
	London
	E11 1GA

YORK HOUSE FOODS LIMITED

CONTENTS

	Page
Strategic report	1
Directors' report	2 - 3
Independent auditors' report	4 - 7
Statement of income and retained earnings	8
Balance sheet	9
Notes to the financial statements	10 - 18

YORK HOUSE FOODS LIMITED

STRATEGIC REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

BUSINESS REVIEW

The directors consider the profit achieved on ordinary activities before taxation to be satisfactory.
At the year end the directors consider the company to be in a sound position for future trading.

PRINCIPAL RISKS AND UNCERTAINTIES

The company does not consider there to be any principal risks and uncertainties in respect of the principal activity of the company.

FINANCIAL KEY PERFORMANCE INDICATORS

The company monitors performance through the KPI of profit before tax.

This report was approved by the board on 26 September 2025 and signed on its behalf.

I J Affleck

Director

Page 1

YORK HOUSE FOODS LIMITED

DIRECTORS' REPORT

FOR THE YEAR ENDED 31 DECEMBER 2024

The directors present their report and the financial statements for the year ended 31 December 2024.

DIRECTORS' RESPONSIBILITIES STATEMENT

The directors are responsible for preparing the Strategic report, the Directors' report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with applicable law and United Kingdom Accounting Standards (United Kingdom Generally Accepted Accounting Practice), including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland'. Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the Company and of the profit or loss of the Company for that period.

In preparing these financial statements, the directors are required to:

∙select suitable accounting policies for the Company's financial statements and then apply them consistently;

∙make judgments and accounting estimates that are reasonable and prudent;

∙state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements;

∙prepare the financial statements on the going concern basis unless it is inappropriate to presume that the Company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the Company's transactions and disclose with reasonable accuracy at any time the financial position of the Company and to enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the Company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

PRINCIPAL ACTIVITY

The principal activities of the Company are that of a holding Company and the provision of assets for use by the subsidiary undertakings.

RESULTS AND DIVIDENDS

The profit for the year, after taxation, amounted to £155,426 (2023 - £157,181).

The directors have not recommended any further dividends.

DIRECTORS

The directors who served during the year were:

I J Affleck

D Marsh

Page 2

YORK HOUSE FOODS LIMITED

DIRECTORS' REPORT (CONTINUED)

FOR THE YEAR ENDED 31 DECEMBER 2024

DISCLOSURE OF INFORMATION TO AUDITORS

Each of the persons who are directors at the time when this Directors' report is approved has confirmed that:

∙so far as the director is aware, there is no relevant audit information of which the Company's auditors are unaware, and

∙the director has taken all the steps that ought to have been taken as a director in order to be aware of any relevant audit information and to establish that the Company's auditors are aware of that information.

AUDITORS

After the year end Barnes Roffe LLP resigned as auditors due to the transfer of its audit business and its
successor Barnes Roffe Audit Limited was appointed by the directors under s485 Companies Act 2006.

This report was approved by the board on 26 September 2025 and signed on its behalf.

I J Affleck

Director

Page 3

YORK HOUSE FOODS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YORK HOUSE FOODS LIMITED

OPINION

We have audited the financial statements of York House Foods Limited (the 'Company') for the year ended 31 December 2024, which comprise the Statement of income and retained earnings, the Balance sheet and the related notes, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

∙give a true and fair view of the state of the Company's affairs as at 31 December 2024 and of its profit for the year then ended;

∙have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

∙have been prepared in accordance with the requirements of the Companies Act 2006.

BASIS FOR OPINION

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the Company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the United Kingdom, including the Financial Reporting Council's Ethical Standard and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

CONCLUSIONS RELATING TO GOING CONCERN

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

Page 4

YORK HOUSE FOODS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YORK HOUSE FOODS LIMITED (CONTINUED)

OTHER INFORMATION

The directors are responsible for the other information. The other information comprises the information included in the Annual Report, other than the financial statements and our Auditors' report thereon. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements or a material misstatement of the other information. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

OPINION ON OTHER MATTERS PRESCRIBED BY THE COMPANIES ACT 2006

In our opinion, based on the work undertaken in the course of the audit:

∙the information given in the Strategic report and the Directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

∙the Strategic report and the Directors' report have been prepared in accordance with applicable legal requirements.

MATTERS ON WHICH WE ARE REQUIRED TO REPORT BY EXCEPTION

In the light of the knowledge and understanding of the Company and its environment obtained in the course of the audit, we have not identified material misstatements in the Strategic report or the Directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

∙adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

∙the financial statements are not in agreement with the accounting records and returns; or

∙certain disclosures of directors' remuneration specified by law are not made; or

∙we have not received all the information and explanations we require for our audit.

Page 5

YORK HOUSE FOODS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YORK HOUSE FOODS LIMITED (CONTINUED)

RESPONSIBILITIES OF DIRECTORS

As explained more fully in the Directors' responsibilities statement set out on page 2, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the Company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the Company or to cease operations, or have no realistic alternative but to do so.

AUDITORS' RESPONSIBILITIES FOR THE AUDIT OF THE FINANCIAL STATEMENTS

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an Auditors' report that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

∙the engagement partner ensured that the engagement team collectively had the appropriate competence, capabilities and skills to identify or recognise non-compliance with applicable laws and regulations;

∙we identified the laws and regulations applicable to the company through discussions with directors and other management, and from our commercial knowledge and experience of the relevant sector, including Companies Act 2006;

∙we assessed the extent of compliance with the laws and regulations identified above through making enquiries of management and inspecting legal correspondence; and

∙laws and regulations identified were communicated with the audit team regularly and the team remained alert to instances of non-compliance throughout the audit.

We assessed the susceptibility of the Companies financial statements to material misstatement, including obtaining an understanding of how fraud might occur, by:

∙making enquiries of management as to where they considered there was susceptibility to fraud, their knowledge of actual, suspected and alleged fraud; and

∙considering the internal controls in place to mitigate risks of fraud and non-compliance with laws and regulations.

To address the risk of fraud through management bias and override of controls, we:

∙reviewed the financial statement disclosures and tested to supporting documentation to assess compliance with provisions of relevant laws and regulations;

∙performed analytical procedures and tested journal entries to identify any unusual or unexpected relationships or transactions.

Page 6

YORK HOUSE FOODS LIMITED

INDEPENDENT AUDITORS' REPORT TO THE MEMBERS OF YORK HOUSE FOODS LIMITED (CONTINUED)

There are inherent limitations in our audit procedures described above. The more removed that laws and regulations are from financial statements, the less likely it is that we would become aware of non-compliance. Auditing standards also limit the audit procedures required to identify non-compliance with laws and regulations to enquiry of the directors and other management and the inspection of regulatory and legal correspondence, if any.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at: www.frc.org.uk/auditorsresponsibilities. This description forms part of our Auditors' report.

USE OF OUR REPORT

This report is made solely to the Company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the Company's members those matters we are required to state to them in an Auditors' report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the Company and the Company's members, as a body, for our audit work, for this report, or for the opinions we have formed.

Gary Leonard (Senior statutory auditor)

for and on behalf of

Barnes Roffe Audit Limited

Chartered Accountants

Statutory Auditor

Leytonstone House

3 Hanbury Drive

London

E11 1GA

Date: 29 September 2025

Page 7

YORK HOUSE FOODS LIMITED

STATEMENT OF INCOME AND RETAINED EARNINGS

FOR THE YEAR ENDED 31 DECEMBER 2024

	2024	2023
Note	£	£


Administrative expenses		(42,272)	(40,517)
Other operating income	4	197,698	197,698
Operating profit		155,426	157,181
Tax on profit	6	-	-
Profit after tax		155,426	157,181



Retained earnings at the beginning of the year	1,617,326	1,460,145
Profit for the year	155,426	157,181
Retained earnings at the end of the year	1,772,752	1,617,326

There were no recognised gains and losses for 2024 or 2023 other than those included in the statement of income and retained earnings.

The notes on pages 10 to 18 form part of these financial statements.

Page 8

YORK HOUSE FOODS LIMITED

REGISTERED NUMBER: 06032698

BALANCE SHEET

AS AT 31 DECEMBER 2024

		2024		2023
Note		£		£

Fixed assets
Tangible assets	7		1,255,693		1,297,965
Investments	8		5,140,806		5,140,806
			6,396,499		6,438,771

Creditors: amounts falling due within one year	9	(728,776)		(731,475)
Net current liabilities			(728,776)		(731,475)
Total assets less current liabilities			5,667,723		5,707,296
Creditors: amounts falling due after more than one year	10		(3,644,971)		(3,839,970)

Net assets			2,022,752		1,867,326

Capital and reserves
Called up share capital	12	233,254	233,254
Other reserves	11	16,746	16,746
Profit and loss account	11	1,772,752	1,617,326
		2,022,752	1,867,326

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 26 September 2025.

I J Affleck

Director

The notes on pages 10 to 18 form part of these financial statements.

Page 9

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

1.	GENERAL INFORMATION

York House Foods Limited ("the Company") is a private Company limited by shares, incorporated in England and Wales. Its registered office is Shannon Place, Shannon Road, Potton, Sandy, Bedfordshire, SG19 2YH.

2.ACCOUNTING POLICIES

2.1

FINANCIAL REPORTING STANDARD 102 - REDUCED DISCLOSURE EXEMPTIONS

The Company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by the FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland":

∙the requirements of Section 7 Statement of Cash Flows;

∙the requirements of Section 3 Financial Statement Presentation paragraph 3.17(d);

∙the requirements of Section 11 Financial Instruments paragraphs 11.42, 11.44 to 11.45, 11.47, 11.48(a)(iii), 11.48(a)(iv), 11.48(b) and 11.48(c);

∙the requirements of Section 12 Other Financial Instruments paragraphs 12.26 to 12.27, 12.29(a), 12.29(b) and 12.29A;

∙the requirements of Section 33 Related Party Disclosures paragraph 33.7.

This information is included in the consolidated financial statements of Bespoke Foods Group Limited as at 31 December 2024 and these financial statements may be obtained from Companies House.

2.2

BASIS OF PREPARATION OF FINANCIAL STATEMENTS

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The preparation of financial statements in compliance with FRS 102 requires the use of certain critical accounting estimates. It also requires management to exercise judgment in applying the Company's accounting policies (see note 3).

The following principal accounting policies have been applied:

2.3

GOING CONCERN

The directors are not aware of any circumstances likely to arise which may cause the going concern basis to be inappropriate.

Page 10

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)


	2.4	REVENUE

Rental income from freehold properties is recognised in the accounting period in which the services are rendered.

2.5

EXEMPTION FROM PREPARING CONSOLIDATED FINANCIAL STATEMENTS

The Company is a parent Company that is also a subsidiary and is included in the consolidated financial statements of its parent undertaking, a company established under the law of the UK. It is therefore exempt from the requirement to prepare consolidated financial statements under section 400 of the Companies Act 2006.

2.6

TANGIBLE FIXED ASSETS

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, provided on the following annual basis:

Freehold property

4% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.
Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the Statement of income and retained earnings.

2.7

VALUATION OF INVESTMENTS

Investments in subsidiaries are measured at cost less accumulated impairment.

2.8

CREDITORS

Short term creditors are measured at the transaction price.

2.9

GOVERNMENT GRANTS

Grants are accounted for under the accruals model as permitted by FRS 102. Grants relating to expenditure on tangible fixed assets are credited to the statement of income and retained earnings at the same rate as the depreciation on the assets to which the grant relates. The deferred element of grants is included in creditors as deferred income.
Grants of a revenue nature are recognised in the Statement of income and retained earnings in the same period as the related expenditure.

Page 11

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

2.ACCOUNTING POLICIES (CONTINUED)

2.10

TAXATION

Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

∙The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

∙Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

3.	JUDGEMENTS IN APPLYING ACCOUNTING POLICIES AND KEY SOURCES OF ESTIMATION UNCERTAINTY

Estimates and judgements are continually evaluated and are based on historical experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Judgements in applying accounting policies
The Company does not consider there to be any critical judgements in applying accounting policies.
Accounting judgements and estimation
The company does not consider there to be any key estimates and assumptions.

Page 12

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

4.	OTHER OPERATING INCOME
		2024	2023
		£	£

Ground rent receivable	195,000	195,000
Government grants receivable	2,698	2,698
	197,698	197,698

EMPLOYEES

The average monthly number of employees, including the directors, during the year was as follows:

	2024	2023
	No.	No.

Management	2	2

Page 13

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

6.	TAXATION

		2024	2023
		£	£


	Tax on profit	-	-

FACTORS AFFECTING TAX CHARGE FOR THE YEAR
The tax assessed for the year is lower than (2023 - lower than) the standard rate of corporation tax in the UK of 25% (2023 - 25%). The differences are explained below:
	2024	2023
	£	£

Profit on ordinary activities before tax

155,426

157,181

Profit on ordinary activities multiplied by standard rate of corporation tax in the UK of 25% (2023 - 25%)	38,857	39,295
Effects of:
Capital allowances for year in excess of depreciation	10,568	10,129
Group relief	(49,425)	(49,424)
Total tax charge for the year	-	-

FACTORS THAT MAY AFFECT FUTURE TAX CHARGES

There were no factors that may affect future tax charges.

Page 14

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

7.	TANGIBLE FIXED ASSETS

		Freehold land and buildings
		£
	COST
	At 1 January 2024	2,224,921
	At 31 December 2024	2,224,921
	Depreciation
	At 1 January 2024	926,956
	Charge for the year on owned assets	42,272
	At 31 December 2024	969,228
	Net book value
	At 31 December 2024	1,255,693
	At 31 December 2023	1,297,965

Page 15

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

8.	FIXED ASSET INVESTMENTS

		Investments in subsidiary companies
		£
	Cost or valuation
	At 1 January 2024	5,140,806
	At 31 December 2024	5,140,806

SUBSIDIARY UNDERTAKINGS
The following were subsidiary undertakings of the Company:
Name	Class of shares	Holding

	York House (Meat Products) Limited	Ordinary	100%
	Fresh From Cornwall Limited	Ordinary	100%

The registered office of the subsidiary undertakings is Shannon Place, Potton, Sandy, Bedfordshire, SG19 2YH.
Fresh From Cornwall Limited has taken advantage of the audit exemption under s479A of the companies Act 2006, with York House Foods Limited guaranteeing the subsidiary's liabilities.

Page 16

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

9.	CREDITORS: Amounts falling due within one year
		2024	2023
		£	£

Amounts owed to group undertakings	680,000	680,000
Accruals and deferred income	48,776	51,475
	728,776	731,475

10.	CREDITORS: Amounts falling due after more than one year
		2024	2023
		£	£

	Amounts owed to group undertakings	3,644,971	3,839,970

11.

RESERVES

Capital redemption reserve

The capital redemption reserve is a result of a repurchase of own shares.

Profit and loss account

The profit and loss account represents cumulative profits and losses net of dividends and other adjustments.

12.	SHARE CAPITAL
		2024	2023
		£	£

Allotted, called up and fully paid

233,254 (2023 - 233,254) Ordinary shares of £1 each	233,254	233,254

13.	CONTINGENT LIABILITIES

The company has provided a guarantee in respect of the bank facilities of group companies of £8,740,626 (2023 - £8,818,234).

14.	RELATED PARTY TRANSACTIONS
	The company is exempt from disclosing related party transactions as they are with companies that are wholly owned within the Group.

Page 17

YORK HOUSE FOODS LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

15.	PARENT UNDERTAKING AND CONTROLLING PARTY

The Company is a subsidiary of Bespoke Foods Group Limited, a company incorporated in England and Wales, whose registered office is Shannon Place, Shannon Road, Potton, Sandy, Bedfordshire, SG19 2YH. The consolidated financial statements of this company are available to the public and can be obtained from Companies House.
The ultimate parent company is Auctus IV GMBH & Co. KG, an entity registered in Germany.

Page 18