Silverfin false false 31/03/2025 01/04/2024 31/03/2025 John Logie Gray 14/11/2013 June Charlotte Gray 14/11/2013 07 November 2025 The principal activity of the Company during the financial year was of sale of eggs. SC463772 2025-03-31 SC463772 bus:Director1 2025-03-31 SC463772 bus:Director2 2025-03-31 SC463772 2024-03-31 SC463772 core:CurrentFinancialInstruments 2025-03-31 SC463772 core:CurrentFinancialInstruments 2024-03-31 SC463772 core:ShareCapital 2025-03-31 SC463772 core:ShareCapital 2024-03-31 SC463772 core:RetainedEarningsAccumulatedLosses 2025-03-31 SC463772 core:RetainedEarningsAccumulatedLosses 2024-03-31 SC463772 core:OtherPropertyPlantEquipment 2024-03-31 SC463772 core:OtherPropertyPlantEquipment 2025-03-31 SC463772 bus:OrdinaryShareClass1 2025-03-31 SC463772 2024-04-01 2025-03-31 SC463772 bus:FilletedAccounts 2024-04-01 2025-03-31 SC463772 bus:SmallEntities 2024-04-01 2025-03-31 SC463772 bus:AuditExemptWithAccountantsReport 2024-04-01 2025-03-31 SC463772 bus:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 SC463772 bus:Director1 2024-04-01 2025-03-31 SC463772 bus:Director2 2024-04-01 2025-03-31 SC463772 core:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 SC463772 2023-04-01 2024-03-31 SC463772 bus:OrdinaryShareClass1 2024-04-01 2025-03-31 SC463772 bus:OrdinaryShareClass1 2023-04-01 2024-03-31 iso4217:GBP xbrli:pure xbrli:shares

Company No: SC463772 (Scotland)

# J G EGGS LIMITED

### UNAUDITED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
PAGES FOR FILING WITH THE REGISTRAR

J G EGGS LIMITED

## UNAUDITED FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

Contents

J G EGGS LIMITED

## BALANCE SHEET

AS AT 31 MARCH 2025
J G EGGS LIMITED

## BALANCE SHEET (continued)

AS AT 31 MARCH 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 11,238 |  | 13,901
|  | 11,238 |  | 13,901
Current assets |  |  |  |
Stocks | 4 | 40,447 |  | 11,000
Debtors | 5 | 42,636 |  | 36,760
Cash at bank and in hand |  | 86,544 |  | 67,371
|  | 169,627 |  | 115,131
Creditors: amounts falling due within one year | 6 | ( 37,547) |  | ( 41,334)
Net current assets |  | 132,080 |  | 73,797
Total assets less current liabilities |  | 143,318 |  | 87,698
Provision for liabilities | 7 | ( 1,975) |  | ( 2,457)
Net assets |  | 141,343 |  | 85,241
Capital and reserves |  |  |  |
Called-up share capital | 8 | 100 |  | 100
Profit and loss account |  | 141,243 |  | 85,141
Total shareholders' funds |  | 141,343 |  | 85,241

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
- 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; and
- These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of J G Eggs Limited (registered number: SC463772) were approved and authorised for issue by the Board of Directors on 07 November 2025. They were signed on its behalf by:

John Logie Gray Director |

J G EGGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025
J G EGGS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

FOR THE FINANCIAL YEAR ENDED 31 MARCH 2025

##### 1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

##### General information and basis of accounting

J G Eggs Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in Scotland. The address of the Company's registered office is Ardlaw Mains, Tyrie, Fraserburgh, AB43 7DL, United Kingdom.
The financial statements have been prepared under the historical cost convention and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.
The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

##### Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

##### Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts. Turnover is recognised at the point of invoice.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
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 financial statements. 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.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment.

Plant and machinery etc. | 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

##### Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Financial assets
An asset is impaired where there is objective evidence that, as a result of one or more events that occurred after initial recognition, the estimated recoverable value of the asset has been reduced. The recoverable amount of an asset is the higher of its fair value less costs to sell and its value in use.
Where indicators exist for a decrease in impairment loss, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.
For financial assets carried at amortised cost, the amount of impairment is the difference between the asset’s carrying amount and the present value of estimated future cash flows, discounted at the financial asset’s original effective interest rate.
For financial assets carried at cost less impairment, the impairment loss is the difference between the asset’s carrying amount and the best estimate of the amount that would be received for the asset if it were to be sold at the reporting date.
Where indicators exist for a decrease in impairment loss, and the decrease can be related objectively to an event occurring after the impairment was recognised, the prior impairment loss is tested to determine reversal. An impairment loss is reversed on an individual impaired financial asset to the extent that the revised recoverable value does not lead to a revised carrying amount higher than the carrying value had no impairment been recognised.

##### Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.
At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stock over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

##### Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand and deposits held at call with banks.

##### Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.
Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Basic financial assets
Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs.

Basic financial liabilities
Basic financial liabilities, including creditors, are recognised at transaction price.
Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

##### Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.
The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 2 |  | 2

#### 3. Tangible assets

| Plant and machinery etc. |  | Total
| £ |  | £
Cost |  |  |
At 01 April 2024 | 88,809 |  | 88,809
Additions | 975 |  | 975
At 31 March 2025 | 89,784 |  | 89,784
Accumulated depreciation |  |  |
At 01 April 2024 | 74,908 |  | 74,908
Charge for the financial year | 3,638 |  | 3,638
At 31 March 2025 | 78,546 |  | 78,546
Net book value |  |  |
At 31 March 2025 | 11,238 |  | 11,238
At 31 March 2024 | 13,901 |  | 13,901

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Livestock | 40,447 |  | 11,000

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 39,895 |  | 30,760
Other debtors | 2,741 |  | 6,000
| 42,636 |  | 36,760

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

| 2025 |  | 2024
| £ |  | £
Trade creditors | 5,478 |  | 13,207
Taxation and social security | 30,069 |  | 26,127
Other creditors | 2,000 |  | 2,000
| 37,547 |  | 41,334

#### 7. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 1,975 |  | 2,457

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
100 Ordinary shares of £ 1.00 each | 100 |  | 100