REGISTERED NUMBER: 11459639 (England and Wales)

Financial Statements

for the Year Ended 31 December 2024

for

Chiltern Natural Foods Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J L Priestley

REGISTERED OFFICE:

Melbourne Park House

Royal Oak Business Park

East Road

Sleaford

Lincolnshire

NG34 7EQ

REGISTERED NUMBER:

11459639 (England and Wales)

SENIOR STATUTORY AUDITOR:

James Sewell BA (Hons) FCA CTA

AUDITORS:

Wright Vigar Limited

Statutory Auditors

Chartered Accountants & Business Advisers

15 Newland

Lincoln

Lincolnshire

LN1 1XG

CURRENT ASSETS

Debtors

4

3,965,082

2,760,011

Cash at bank and in hand

440,873

243,327

4,405,955

3,003,338

CREDITORS

Amounts falling due within one year

5

3,583,584

2,375,687

NET CURRENT ASSETS

822,371

627,651

TOTAL ASSETS LESS CURRENT LIABILITIES

822,371

627,651

CAPITAL AND RESERVES

Called up share capital

7

1

1

Retained earnings

822,370

627,650

SHAREHOLDERS' FUNDS

822,371

627,651

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 director and authorised for issue on 1 October 2025 and were signed by:

J L Priestley - Director

1.	STATUTORY INFORMATION

Chiltern Natural 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 (£).

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.

At the balance sheet date, the company owes it parent company, Melbourne Holdings Limited £3.5m which is repayable on demand.

Melbourne Holdings Limited, has confirmed its intention to continue providing support to the company for at least one year from the date these financial statements are approved. On this basis the director believes that there is no uncertainty over the company's ability to continue trading and accordingly believes it is appropriate to prepare the financial statements on a going concern basis.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section

12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet 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.

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.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

3.	EMPLOYEES AND DIRECTORS

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

4.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Trade debtors

2,894,963

246,071

Other debtors

1,070,119

2,513,940

3,965,082

2,760,011

5.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2024

2023

£

£

Bank loans and overdrafts

-

281,554

Trade creditors

14,677

141,140

Taxation and social security

64,907

154,171

Other creditors

3,504,000

1,798,822

3,583,584

2,375,687

6.	SECURED DEBTS

The following secured debts are included within creditors:

2024

2023

£

£

Bank overdraft

-

281,554

The company has entered into an inter-company guarantee to secure the bank borrowings of the Melbourne Holdings Limited Group.

7.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2024

2023

value:

£

£

1

Ordinary Shares

£1

1

1

8.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

James Sewell BA (Hons) FCA CTA (Senior Statutory Auditor)

for and on behalf of Wright Vigar Limited

9.	IMMEDIATE AND ULTIMATE CONTROLLING PARTY

The immediate parent company is Melbourne Food Group Limited. Their registered office address is:

Melbourne Park House

Royal Oak Business Park

East Road

Sleaford

Lincolnshire

NG34 7EQ

The ultimate parent company is Melbourne Holdings Limited. Consolidated financial statements for the ultimate parent company are filed with the Registrar of Companies where copies may be obtained.

The entity is controlled by J L Priestley by virtue of his shareholding in the ultimate parent company.