Company Registration No. 09055103 (England and Wales)
Great Central Meats Limited
Unaudited accounts
for the year ended 31 May 2025
Great Central Meats Limited
Unaudited accounts
Contents
Great Central Meats Limited
Company Information
for the year ended 31 May 2025
Directors
Shaun Cooper
Andrew Freer
Company Number
09055103 (England and Wales)
Registered Office
Unit 11 Festival Drive
Belton Trading Estate
Loughborough
Leicestershire
LE11 5XJ
Accountants
Robinson Financial Consultancy Ltd
31 Elmswood Gardens
Sherwood
Nottingham
NG5 4AY
Great Central Meats Limited
Statement of financial position
as at 31 May 2025
Tangible assets
33,014
12,384
Cash at bank and in hand
106,919
165,509
Creditors: amounts falling due within one year
(157,716)
(172,876)
Net current assets
136,800
153,500
Total assets less current liabilities
169,814
165,884
Creditors: amounts falling due after more than one year
(1,333)
(9,333)
Provisions for liabilities
Deferred tax
(4,285)
(2,941)
Net assets
164,196
153,610
Called up share capital
100
100
Profit and loss account
164,096
153,510
Shareholders' funds
164,196
153,610
For the year ending 31 May 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies. The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered 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 profit and loss account has not been delivered to the Registrar of Companies.
The financial statements were approved by the Board of Directors and authorised for issue on 20 October 2025 and were signed on its behalf by
Andrew Freer
Director
Company Registration No. 09055103
Great Central Meats Limited
Notes to the Accounts
for the year ended 31 May 2025
Great Central Meats Limited is a private company, limited by shares, registered in England and Wales, registration number 09055103. The registered office is Unit 11 Festival Drive, Belton Trading Estate, Loughborough, Leicestershire, LE11 5XJ.
2
Compliance with accounting standards
The accounts have been prepared in accordance with the provisions of FRS 102 Section 1A Small Entities. There were no material departures from that standard.
The principal accounting policies adopted in the preparation of the financial statements are set out below and have remained unchanged from the previous year, and also have been consistently applied within the same accounts.
The accounts have been prepared under the historical cost convention as modified by the revaluation of certain fixed assets.
The accounts are presented in £ sterling.
Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. Turnover from the sale of goods is recognised when goods have been delivered to customers such that risks and rewards of ownership have transferred to them.
Tangible fixed assets and depreciation
Tangible assets are included at cost less depreciation and impairment. Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives:
Land & buildings
Straight line over the life of the lease
Plant & machinery
20% straight line
Motor vehicles
25% straight line
Fixtures & fittings
20% straight line
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the company's accounts. Deferred tax is provided in full on timing differences which result in an obligation to pay more (or less) tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws.
Deferred tax assets and liabilities are not discounted.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profit on a straight line basis over the lease term.
Assets held under finance leases and hire purchase contracts are capitalised and depreciated over their useful lives. The corresponding lease or hire purchase obligation is treated in the balance sheet as a liability. The interest element of rental obligations is charged to the profit and loss account over the period of the lease at a constant proportion of the outstanding balance of capital repayments.
Great Central Meats Limited
Notes to the Accounts
for the year ended 31 May 2025
4
Tangible fixed assets
Land & buildings
Plant & machinery
Motor vehicles
Fixtures & fittings
Total
Cost or valuation
At cost
At cost
At cost
At cost
At 1 June 2024
4,357
37,157
68,700
3,793
114,007
Additions
-
11,840
14,995
461
27,296
At 31 May 2025
4,357
48,997
83,695
4,254
141,303
At 1 June 2024
4,248
34,788
59,765
2,822
101,623
Charge for the year
109
2,367
3,876
314
6,666
At 31 May 2025
4,357
37,155
63,641
3,136
108,289
At 31 May 2025
-
11,842
20,054
1,118
33,014
At 31 May 2024
109
2,369
8,935
971
12,384
Amounts falling due within one year
Trade debtors
108,411
90,693
Accrued income and prepayments
6,401
7,480
6
Creditors: amounts falling due within one year
2025
2024
Bank loans and overdrafts
8,000
8,000
Trade creditors
110,750
103,790
Taxes and social security
18,971
37,166
Loans from directors
7,936
18,067
7
Creditors: amounts falling due after more than one year
2025
2024
Allotted, called up and fully paid:
100 Ordinary shares of £1 each
100
100
Great Central Meats Limited
Notes to the Accounts
for the year ended 31 May 2025
9
Operating lease commitments
2025
2024
At 31 May 2025 the company had the following future minimum lease payments under non-cancellable operating leases for each of the following periods:
Not later than one year
9,500
-
Later than one year and not later than five years
-
9,500
10
Average number of employees
During the year the average number of employees was 11 (2024: 11).