Caledonian Petfoods Ltd Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: SC363194

CALEDONIAN PETFOODS LTD

FILLETED FINANCIAL STATEMENTS

FOR THE YEAR ENDED

31 December 2024

CALEDONIAN PETFOODS LTD

STATEMENT OF FINANCIAL POSITION

31 December 2024

	2024	2023
Note	£	£

Fixed assets

Tangible assets	5	–	26,272

Current assets

Stocks		–	169,536
Debtors	6	6,098	492,046
Cash at bank and in hand		–	2,101
		-------	---------
		6,098	663,683

Creditors: amounts falling due within one year	7	–	528,781
		-------	---------
Net current assets		6,098	134,902
		-------	---------
Total assets less current liabilities		6,098	161,174
		-------	---------
Net assets		6,098	161,174
		-------	---------

Capital and reserves

Called up share capital	1	1
Profit and loss account	6,097	161,173
	-------	---------
Shareholders funds	6,098	161,174
	-------	---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.

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.

These financial statements were approved by the board of directors and authorised for issue on 23 September 2025 , and are signed on behalf of the board by:

G Hancock

Director

Company registration number: SC363194

CALEDONIAN PETFOODS LTD

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 DECEMBER 2024

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Mosspark, Annan Road, Dumfries, DG1 4PH.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

These financial statements have been prepared on the historical cost basis and in sterling which is the functional currency of the entity.

Going concern

The trade and assets of the company were transferred to its parent company on 31 December 2024 and the company ceased to trade from that date.

Revenue recognition

The turnover shown in the profit and loss account represents the value of all work done during the period, exclusive of Value Added Tax. Turnover is recognised at the point at which the company has fulfilled its contractual obligations and the risks and rewards attaching to the sale have been transferred to the customer. Revenue from the rendering of services is measured by reference to the stage of completion of the service transaction at the end of the reporting period provided that the outcome can be reliably estimated. When the outcome cannot be reliably estimated, revenue is recognised only to the extent that it is probable the expenses recognised will be recovered.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all material timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes the original purchase price, costs directly attributable to bringing the asset to its working condition for its intended use, dismantling and restoration costs and borrowing costs capitalised.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

	Plant and machinery	-	20% reducing balance

Stocks

Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.

Financial instruments

The company only holds basic financial instruments as defined in FRS 102. The financial assets and financial liabilities of the company and their measurement basis are as follows: Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised cost. Prepayments are not financial instruments. Cash at bank is classified as a basic financial instrument and is measured at face value. Financial liabilities - trade and other creditors are financial instruments, and are measured at amortised cost. Taxation and social security are not included in the financial instruments disclosure definition.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 27 (2023: 27 ).

5. Tangible assets

	Plant and machinery
	£
Cost
At 1 January 2024	31,886
Additions	58,389
Disposals through business combinations	( 90,275)
	--------
At 31 December 2024	–
	--------
Depreciation
At 1 January 2024	5,614
Charge for the year	6,247
Disposals through business combinations	( 11,861)
	--------
At 31 December 2024	–
	--------
Carrying amount
At 31 December 2024	–
	--------
At 31 December 2023	26,272
	--------

6. Debtors

	2024	2023
	£	£
Trade debtors	–	293,522
Amounts owed by group undertakings and undertakings in which the company has a participating interest	6,098	–
Other debtors	–	198,524
	-------	---------
	6,098	492,046
	-------	---------

7. Creditors: amounts falling due within one year

	2024	2023
	£	£
Trade creditors	–	399,510
Amounts owed to group undertakings and undertakings in which the company has a participating interest	–	40,000
Other creditors	–	89,271
	----	---------
	–	528,781
	----	---------

8. Summary audit opinion

The auditor's report dated 24 September 2025 was unqualified .

The senior statutory auditor was Mark Bradshaw , for and on behalf of Streets Audit LLP .

9. Related party transactions

The directors have taken advantage of the exemption in FRS 102 from disclosing related party transactions with group companies on the grounds that the company is a subsidiary undertaking where 100% of the voting rights are controlled within the group, and the consolidated financial statements in which the company is included are publicly available.

10. Controlling party

The company was a subsidiary of Dundas Rendering Limited, a company jointly owned by Lincoln Protein Holdings Ltd and members of the Bogie family until 31 July 2024 when Lincoln Protein Holdings Ltd acquired full ownership of Dundas Rendering Limited. On 31 December 2024 the shares in the subsidiaries of Dundas Rendering Limited were transferred to be owned directly by Lincoln Protein Holdings Ltd. Lincoln Protein Holdings Ltd is the ultimate parent undertaking, and the smallest and largest group to consolidate these financial statements. Copies of the consolidated financial statements can be be obtained from the Company Secretary at Windsor House, A1 Business Park, Long Bennington, Notts, NG23 5JR.