Arley Foods Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 12829571 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2024

for

Arley Foods Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Tangible assets

4

456,658

355,754

CURRENT ASSETS

Stocks

95,860

127,241

Debtors

5

506,849

187,802

Cash at bank and in hand

26,276

48,080

628,985

363,123

CREDITORS

Amounts falling due within one year

6

(3,732,643

)

(2,834,651

)

NET CURRENT LIABILITIES

(3,103,658

)

(2,471,528

)

TOTAL ASSETS LESS CURRENT LIABILITIES

(2,647,000

)

(2,115,774

)

CREDITORS

Amounts falling due after more than one
year

7

(194,715

)

(173,750

)

NET LIABILITIES

(2,841,715

)

(2,289,524

)

CAPITAL AND RESERVES

Called up share capital

1

Retained earnings

(2,841,716

)

(2,289,525

)

(2,841,715

)

(2,289,524

)

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 23 September 2025 and were signed on its behalf by:

Mr B M Collins - Director

1.	STATUTORY INFORMATION

Arley Foods 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:

12829571

Registered office:

Blackbox

Beech Lane

Wilmslow

Cheshire

SK9 5ER

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.

The financial statements are prepared on a going concern basis.

The Directors have reviewed the company's financial position, forecasts, and available funding for at least twelve months from approval of these statements. The parent company has confirmed it will provide such financial support as is necessary to enable the company to meet its obligations as they fall due. Accordingly, the Directors consider it appropriate to prepare the accounts on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of VAT and trade discounts.

Turnover from the sale of goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

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

Fixtures and fittings

-

20% on cost

Motor vehicles

-

33% 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.

Research and development

Expenditure on research and development is written off in the year in which it is incurred.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2023 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

Computer

machinery

fittings

vehicles

equipment

Totals

£

COST

At 1 January 2024

369,180

18,999

8,455

12,255

408,889

Additions

163,074

-

1,346

164,420

Reclassification/transfer

(22,482

)

-

20,246

-

(2,236

)

At 31 December 2024

509,772

18,999

28,701

13,601

571,073

DEPRECIATION

At 1 January 2024

36,333

7,359

2,568

6,875

53,135

Charge for year

44,016

3,800

9,557

3,907

61,280

Reclassification/transfer

(5,621

)

-

5,621

-

At 31 December 2024

74,728

11,159

17,746

10,782

114,415

NET BOOK VALUE

At 31 December 2024

435,044

7,840

10,955

2,819

456,658

At 31 December 2023

332,847

11,640

5,887

5,380

355,754

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Trade debtors

273,497

48,784

Amounts owed by group undertakings

104,996

Other debtors

128,356

34,022

506,849

187,802

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

Hire purchase contracts (see note 8)

83,813

39,000

Trade creditors

239,876

98,952

Amounts owed to group undertakings

3,252,708

2,692,661

Other creditors

156,246

4,038

3,732,643

2,834,651

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

Hire purchase contracts (see note 8)

194,715

173,750

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase contracts

31.12.24

31.12.23

£

Net obligations repayable:

Within one year

83,813

39,000

Between one and five years

194,715

173,750

278,528

212,750

Non-cancellable operating

leases

31.12.24

31.12.23

£

Within one year

43,378

-

Between one and five years

42,100

-

85,478

-