ACCOUNTS - Final Accounts preparation

Registered number: SC247246

WHOLESOME PIGS (SCOTLAND) LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

WHOLESOME PIGS (SCOTLAND) LIMITED

COMPANY INFORMATION

DIRECTORS	A J McGowan
	A T Howie
	D R G Skinner
	R G Bruce
	G J Gunn


COMPANY SECRETARY	A J McGowan


REGISTERED NUMBER	SC247246


REGISTERED OFFICE	28 King Street
	Huntly
	Aberdeenshire
	AB54 8DG


ACCOUNTANTS	EQ Accountants Limited
	Chartered Accountants
	Westby
	64 West High Street
	Forfar
	Angus
	DD8 1BJ

WHOLESOME PIGS (SCOTLAND) LIMITED

REGISTERED NUMBER: SC247246

STATEMENT OF FINANCIAL POSITION

AS AT 30 APRIL 2025

		2025		2024
Note		£		£


CURRENT ASSETS
Debtors: amounts falling due within one year	5	146,559		17,975
Cash at bank and in hand		8,027		64,081
		154,586		82,056
Creditors: amounts falling due within one year	6	(121,535)		(51,827)
NET CURRENT ASSETS			33,051		30,229
TOTAL ASSETS LESS CURRENT LIABILITIES			33,051		30,229

NET ASSETS			33,051		30,229

CAPITAL AND RESERVES
Profit and loss account	33,051	30,229
	33,051	30,229

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of income and retained earnings in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf on 18 September 2025.

A J McGowan

Director

The notes on pages 2 to 4 form part of these financial statements.

Page 1

WHOLESOME PIGS (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

1.	GENERAL INFORMATION

Wholesome Pigs (Scotland) Limited is a company limited by guarantee, incorporated in Scotland and is based at 28 King Street, Huntly, Aberdeenshire AB54 8DG.

2.ACCOUNTING POLICIES

2.1

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 FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The following principal accounting policies have been applied:

2.2

TURNOVER

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:

∙the Company has transferred the significant risks and rewards of ownership to the buyer;

∙the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the transaction; and

∙the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:

∙the amount of revenue can be measured reliably;

∙it is probable that the Company will receive the consideration due under the contract;

∙the stage of completion of the contract at the end of the reporting period can be measured reliably; and

∙the costs incurred and the costs to complete the contract can be measured reliably.

Page 2

WHOLESOME PIGS (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

2.ACCOUNTING POLICIES (CONTINUED)

2.3

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, using the straight-line method.

Depreciation is provided on the following basis:

Office equipment

20%

straight line

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 profit or loss.

2.4

FINANCIAL INSTRUMENTS

The Company has elected to apply the provisions of Section 11 “Basic Financial Instruments” of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the Company's Statement of financial position when the Company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

EMPLOYEES

The average monthly number of employees, including directors, during the year was 5 (2024 - 5).

Page 3

WHOLESOME PIGS (SCOTLAND) LIMITED

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2025

4.	TANGIBLE FIXED ASSETS

		Office equipment
		£

	At 1 May 2024	5,142
	Disposals	(5,142)
	At 30 April 2025	-

	At 1 May 2024	5,142
	Disposals	(5,142)
	At 30 April 2025	-
	NET BOOK VALUE
	At 30 April 2025	-
	At 30 April 2024	-

DEBTORS

					2025	2024
					£	£


Trade debtors	121,282	17,580
Other debtors	25,277	395
	146,559	17,975

6.	CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
		2025	2024
		£	£

Trade creditors	89,403	9,594
Accruals and deferred income	32,132	42,233
	121,535	51,827

Page 4