IRIS Accounts Production v25.2.0.378 05679637 director 1.2.24 31.1.25 31.1.25 false true false false true false Ordinary 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05679637 2024-01-31 05679637 2025-01-31 05679637 2024-02-01 2025-01-31 05679637 2023-01-31 05679637 2023-02-01 2024-01-31 05679637 2024-01-31 05679637 ns15:EnglandWales 2024-02-01 2025-01-31 05679637 ns14:PoundSterling 2024-02-01 2025-01-31 05679637 ns10:Director1 2024-02-01 2025-01-31 05679637 ns10:PrivateLimitedCompanyLtd 2024-02-01 2025-01-31 05679637 ns10:SmallEntities 2024-02-01 2025-01-31 05679637 ns10:AuditExempt-NoAccountantsReport 2024-02-01 2025-01-31 05679637 ns10:SmallCompaniesRegimeForDirectorsReport 2024-02-01 2025-01-31 05679637 ns10:SmallCompaniesRegimeForAccounts 2024-02-01 2025-01-31 05679637 ns10:FullAccounts 2024-02-01 2025-01-31 05679637 ns10:OrdinaryShareClass1 2024-02-01 2025-01-31 05679637 ns10:CompanySecretary1 2024-02-01 2025-01-31 05679637 ns10:RegisteredOffice 2024-02-01 2025-01-31 05679637 ns5:CurrentFinancialInstruments 2025-01-31 05679637 ns5:CurrentFinancialInstruments 2024-01-31 05679637 ns5:Non-currentFinancialInstruments 2025-01-31 05679637 ns5:Non-currentFinancialInstruments 2024-01-31 05679637 ns5:ShareCapital 2025-01-31 05679637 ns5:ShareCapital 2024-01-31 05679637 ns5:RetainedEarningsAccumulatedLosses 2025-01-31 05679637 ns5:RetainedEarningsAccumulatedLosses 2024-01-31 05679637 ns5:MotorVehicles 2024-02-01 2025-01-31 05679637 ns5:ComputerEquipment 2024-02-01 2025-01-31 05679637 ns5:PlantMachinery 2024-01-31 05679637 ns5:MotorVehicles 2024-01-31 05679637 ns5:ComputerEquipment 2024-01-31 05679637 ns5:PlantMachinery 2024-02-01 2025-01-31 05679637 ns5:PlantMachinery 2025-01-31 05679637 ns5:MotorVehicles 2025-01-31 05679637 ns5:ComputerEquipment 2025-01-31 05679637 ns5:PlantMachinery 2024-01-31 05679637 ns5:MotorVehicles 2024-01-31 05679637 ns5:ComputerEquipment 2024-01-31 05679637 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-01-31 05679637 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-01-31 05679637 ns5:DeferredTaxation 2024-01-31 05679637 ns5:DeferredTaxation 2024-02-01 2025-01-31 05679637 ns5:DeferredTaxation 2025-01-31 05679637 ns10:OrdinaryShareClass1 2025-01-31 05679637 1 ns10:Director1 2024-01-31 05679637 1 ns10:Director1 2023-01-31 05679637 1 ns10:Director1 2024-02-01 2025-01-31 05679637 1 ns10:Director1 2023-02-01 2024-01-31 05679637 1 ns10:Director1 2025-01-31 05679637 1 ns10:Director1 2024-01-31

REGISTERED NUMBER: 05679637 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 January 2025 |

| for |

| C & S MEATS (SMITHFIELD) LIMITED |

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Contents of the Financial Statements

for the year ended 31 January 2025

Page |

| Company Information | 1 |

| Statement of Financial Position | 2 |

| Notes to the Financial Statements | 4 |

| C & S MEATS (SMITHFIELD) LIMITED |

Company Information

for the year ended 31 January 2025

| Director: | Mr C W Foley

| Secretary: | Mr C W Foley

| Registered office: | 3rd Floor

| 86-90 Paul Street

| London

| EC2A 4NE

| Registered number: | 05679637 (England and Wales)

| Accountants: | Cooper Parry Advisory Limited

| Broadwalk House, 5th Floor

| 5 Appold Street

| Broadgate

| London

| EC2A 2AG

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Statement of Financial Position

31 January 2025

2025 | 2024 |

| Notes | £ | £ | £ | £

Fixed assets

Tangible assets | 4 | 28,632 |  | 5,838 |  |

Current assets

Debtors | 5 | 67,056 |  | 67,817 |  |

Cash at bank and in hand | 66,555 |  | 57,622 |  |

133,611 |  | 125,439 |  |

Creditors

Amounts falling due within one year | 6 | 82,896 |  | 81,320 |  |

Net current assets | 50,715 |  | 44,119 |  |

Total assets less current liabilities | 79,347 |  | 49,957 |  |

Creditors

Amounts falling due after more than one year | 7 | (23,477 | ) | (13,333 | ) |

Provisions for liabilities | 9 | (6,490 | ) | (1,109 | ) |

Net assets | 49,380 |  | 35,515 |  |

Capital and reserves

Called up share capital | 10 | 100 |  | 100 |  |

Retained earnings | 49,280 |  | 35,415 |  |

Shareholders' funds | 49,380 |  | 35,515 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 January 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2025 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.

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Statement of Financial Position - continued

31 January 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 October 2025 and were signed by:

Mr C W Foley - Director

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Notes to the Financial Statements

for the year ended 31 January 2025

1. | Statutory information

| C & S Meats (Smithfield) 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.

| Turnover

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

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Motor vehicles | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Financial instruments

| Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

| Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

| Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

| Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Notes to the Financial Statements - continued

for the year ended 31 January 2025

2. | Accounting policies - continued

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

| Leasing and hire purchase

| Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

3. | Employees and directors

| The average number of employees during the year was 2 (2024 - 2 ) .

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Notes to the Financial Statements - continued

for the year ended 31 January 2025

4. | Tangible fixed assets

Plant and | Motor | Computer |

machinery | vehicles | equipment | Totals |

| £ | £ | £ | £

| Cost

| At 1 February 2024 | - |  | 21,495 |  | 628 |  | 22,123 |  |

| Additions | 39,645 |  | - |  | - |  | 39,645 |  |

| Disposals | - |  | (21,495 | ) | - |  | (21,495 | ) |

| At 31 January 2025 | 39,645 |  | - |  | 628 |  | 40,273 |  |

| Depreciation

| At 1 February 2024 | - |  | 15,968 |  | 317 |  | 16,285 |  |

| Charge for year | 11,293 |  | - |  | 31 |  | 11,324 |  |

| Eliminated on disposal | - |  | (15,968 | ) | - |  | (15,968 | ) |

| At 31 January 2025 | 11,293 |  | - |  | 348 |  | 11,641 |  |

| Net book value

| At 31 January 2025 | 28,352 |  | - |  | 280 |  | 28,632 |  |

| At 31 January 2024 | - |  | 5,527 |  | 311 |  | 5,838 |  |

5. | Debtors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Trade debtors | 65,000 |  | 65,000 |  |

| Other debtors | 2,056 |  | 2,817 |  |

67,056 |  | 67,817 |  |

6. | Creditors: amounts falling due within one year |

2025 | 2024 |

| £ | £

| Bank loans and overdrafts | 10,000 |  | 10,000 |  |

| Hire purchase contracts (see note 8) | 9,297 |  | - |  |

| Trade creditors | 60,180 |  | 60,210 |  |

| Taxation and social security | 617 |  | 7,316 |  |

| Other creditors | 2,802 |  | 3,794 |  |

82,896 |  | 81,320 |  |

7. | Creditors: amounts falling due after more than one year |

2025 | 2024 |

| £ | £

| Bank loans | 3,334 |  | 13,333 |  |

| Hire purchase contracts (see note 8) | 20,143 |  | - |  |

23,477 |  | 13,333 |  |

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Notes to the Financial Statements - continued

for the year ended 31 January 2025

8. | Leasing agreements

| Minimum lease payments fall due as follows:

| Hire purchase contracts |  |

|  | 2025 |  | 2024 |

| £ |  | £ |  |

| Net obligations repayable: |  |

| Within one year |  |  | 9,297 |  | 10,983 |

| Between one and five years |  |  | 20,143 |  | 32,949 |

|  | ---------- |  | ---------- |

|  | 29,440 |  | 43,932 |

|  | ====== |  | ====== |

9. | Provisions for liabilities

2025 | 2024 |

| £ | £

| Deferred tax | 6,490 |  | 1,109 |  |

Deferred tax |

| £

| Balance at 1 February 2024 | 1,109 |  |

| Provided during year | 5,381 |  |

| Balance at 31 January 2025 | 6,490 |  |

10. | Called up share capital

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

value: |  | £ | £

| 100 | Ordinary | £1 | 100 |  | 100 |  |

11. | Director's advances, credits and guarantees

| The following advances and credits to directors subsisted during the years ended 31 January 2025 and 31 January 2024:

2025 | 2024 |

| £ | £

| Mr C W Foley

| Balance outstanding at start of year | (1,740 | ) | (128 | ) |

| Amounts advanced | 88,341 |  | 53,651 |  |

| Amounts repaid | (87,350 | ) | (55,263 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (749 | ) | (1,740 | ) |

C & S MEATS (SMITHFIELD) LIMITED (REGISTERED NUMBER: 05679637) |

Notes to the Financial Statements - continued

for the year ended 31 January 2025

11. | Director's advances, credits and guarantees - continued

| Mr S Foley

| Balance outstanding at start of year | - |  | (128 | ) |

| Amounts advanced | - |  | 4,652 |  |

| Amounts repaid | - |  | (4,524 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| Amounts advanced to the directors are interest free and repayable upon demand.