REGISTERED NUMBER: 12795117 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

FOR

DALES FINE FOODS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

Mr Richard Brian Dale

REGISTERED OFFICE:

5&6 Manor Court

Manor Garth

Scarborough

North Yorkshire

YO11 3TU

REGISTERED NUMBER:

12795117 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

5 & 6 Manor Garth

Manor Court

Scarborough

North Yorkshire

YO11 3TU

FIXED ASSETS

Intangible assets

4

116,250

131,250

Tangible assets

5

217,529

185,847

333,779

317,097

CURRENT ASSETS

Stocks

50,000

75,000

Debtors

6

842,496

489,561

Cash at bank and in hand

69,093

133,111

961,589

697,672

CREDITORS

Amounts falling due within one year

7

873,076

682,029

NET CURRENT ASSETS

88,513

15,643

TOTAL ASSETS LESS CURRENT LIABILITIES

422,292

332,740

CREDITORS

Amounts falling due after more than one year

8

(17,718

)

(33,283

)

PROVISIONS FOR LIABILITIES

(54,382

)

(39,351

)

NET ASSETS

350,192

260,106

CAPITAL AND RESERVES

Called up share capital

120

120

Share premium

149,880

149,880

Retained earnings

200,192

110,106

350,192

260,106

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 director acknowledges his 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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 30 September 2025 and were signed by:

Mr Richard Brian Dale - Director

1.	STATUTORY INFORMATION

Dales Fine Foods 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.

The presentation currency of the financial statements is the Pound Sterling (£).

The level of rounding used in the financial statements is to the nearest £1.

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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2022, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

-

20% on cost

Motor vehicles

-

25% reducing balance

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 Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 23 (2023 - 23 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2024

and 31 December 2024

150,000

AMORTISATION

At 1 January 2024

18,750

Charge for year

15,000

At 31 December 2024

33,750

NET BOOK VALUE

At 31 December 2024

116,250

At 31 December 2023

131,250

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

Computer

machinery

vehicles

equipment

Totals

£

£

£

£

COST

At 1 January 2024

124,821

100,144

9,656

234,621

Additions

23,407

86,239

2,594

112,240

Disposals

-

(38,025

)

-

(38,025

)

At 31 December 2024

148,228

148,358

12,250

308,836

DEPRECIATION

At 1 January 2024

19,795

26,349

2,630

48,774

Charge for year

26,305

23,542

3,362

53,209

Eliminated on disposal

-

(10,676

)

-

(10,676

)

At 31 December 2024

46,100

39,215

5,992

91,307

NET BOOK VALUE

At 31 December 2024

102,128

109,143

6,258

217,529

At 31 December 2023

105,026

73,795

7,026

185,847

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

441,504

344,780

Other debtors

400,992

144,781

842,496

489,561

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 9)

19,884

16,617

Trade creditors

451,548

330,295

Taxation and social security

42,112

27,112

Other creditors

359,532

308,005

873,076

682,029

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2024

2023

£

£

Hire purchase contracts (see note 9)

17,718

33,283

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2024

2023

£

£

Net obligations repayable:

Within one year

19,884

16,617

Between one and five years

17,718

33,283

37,602

49,900

Non-cancellable

operating leases

2024

2023

£

£

Within one year

5,551

5,551

Between one and five years

5,089

10,640

10,640

16,191

10.	RELATED PARTY DISCLOSURES

Included in creditors due within one year is £181,052 (2023 £227,549) owing to the directors of the company. The loans are deemed repayable on demand and no interest has been charged to the company on the amounts outstanding.