Charles River (Hitchin) Limited 28/02/2025 iXBRL

Company registration number: 11815611

Charles River (Hitchin) Limited

Unaudited filleted financial statements

28 February 2025

Charles River (Hitchin) Limited

Contents

Directors and other information

Accountants report

Statement of financial position

Notes to the financial statements

Charles River (Hitchin) Limited

Directors and other information


	Directors	Mr E A Davies
		Ms H M Davies
		Mr J J Hill
		Mr M W Seaman-Hill


	Company number	11815611


	Registered office	First Floor
		99 Bancroft
		Hitchin
		Hertfordshire
		SG5 1NQ


	Accountants	Hicks and Company
		Chartered Accountants
		First Floor
		99 Bancroft
		Hitchin
		Hertfordshire
		SG5 1NQ




	Bankers	HSBC
		1 Market Place
		Hitchin
		Herfordshire
		SG5 1DR

Charles River (Hitchin) Limited

Chartered accountants report to the board of directors on the preparation of the

unaudited statutory financial statements of Charles River (Hitchin) Limited

Year ended 28 February 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Charles River (Hitchin) Limited for the year ended 28 February 2025 which comprise the statement of financial position and related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at http://www.icaew.com /en/members/regulations-standards-and-guidance/.

This report is made solely to the board of directors of Charles River (Hitchin) Limited, as a body, in accordance with the terms of our engagement letter dated 6 November 2025. Our work has been undertaken solely to prepare for your approval the financial statements of Charles River (Hitchin) Limited and state those matters that we have agreed to state to the board of directors of Charles River (Hitchin) Limited as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Charles River (Hitchin) Limited and its board of directors as a body for our work or for this report.

It is your duty to ensure that Charles River (Hitchin) Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Charles River (Hitchin) Limited. You consider that Charles River (Hitchin) Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Charles River (Hitchin) Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Hicks and Company

Chartered Accountants

First Floor

99 Bancroft

Hitchin

Hertfordshire

SG5 1NQ

19 November 2025

Charles River (Hitchin) Limited

Statement of financial position

28 February 2025

		2025		2024
	Note	£	£	£	£

Fixed assets
Tangible assets	5	3,914		4,730
		_______		_______
			3,914		4,730

Current assets
Stocks		5,402		9,075
Debtors	6	5,292		5,609
Cash at bank and in hand		28,521		37,463
		_______		_______
		39,215		52,147
Creditors: amounts falling due
within one year	7	( 26,238)		( 26,278)
		_______		_______
Net current assets			12,977		25,869
			_______		_______
Total assets less current liabilities			16,891		30,599

			_______		_______
Net assets			16,891		30,599
			_______		_______

Capital and reserves
Called up share capital			100		100
Profit and loss account			16,791		30,499
			_______		_______
Shareholders funds			16,891		30,599
			_______		_______

For the year ending 28 February 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 year in question in accordance with section 476;

- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements.

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.

These financial statements were approved by the board of directors and authorised for issue on 19 November 2025 , and are signed on behalf of the board by:

Ms H M Davies

Director

Company registration number: 11815611

Charles River (Hitchin) Limited

Notes to the financial statements

Year ended 28 February 2025

1. General information

The company is a private company limited by shares, registered in England & Wales. The address of the registered office is First Floor, 99 Bancroft, Hitchin, Hertfordshire, SG5 1NQ.

2. Statement of compliance

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

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Turnover

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax.

Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in the statement of comprehensive income, except to the extent that it relates to items recognised in other comprehensive income or directly in capital and reserves. In this case, tax is recognised in other comprehensive income or directly in capital and reserves, 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 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.

Operating leases

Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.

Tangible assets

tangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in capital and reserves, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in capital and reserves in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in capital and reserves in respect of that asset, the excess shall be recognised in profit or loss.

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	-	25 %	straight line
Computer equipment	-	25 %	straight line

If there is an indication that there has been a significant change in depreciation rate, useful life or residual value of tangible assets, the depreciation is revised prospectively to reflect the new estimates.

Impairment

A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. When it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that are largely independent of the cash inflows from other assets or groups of assets.

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 stocks to their present location and condition.

Financial instruments

A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument.Debt instruments are subsequently measured at amortised cost.

Defined contribution plans

Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised in finance costs in profit or loss in the period in which it arises.

4. Employee numbers

The average number of persons employed by the company during the year amounted to 4 (2024: 5 ).

5. Tangible assets

	Plant and machinery	Computer equipment	Total
	£	£	£
Cost
At 1 March 2024	8,846	386	9,232
Additions	465	183	648
	_______	_______	_______
At 28 February 2025	9,311	569	9,880
	_______	_______	_______
Depreciation
At 1 March 2024	4,309	193	4,502
Charge for the year	1,380	84	1,464
	_______	_______	_______
At 28 February 2025	5,689	277	5,966
	_______	_______	_______
Carrying amount
At 28 February 2025	3,622	292	3,914
	_______	_______	_______
At 28 February 2024	4,537	193	4,730
	_______	_______	_______

6. Debtors

	2025	2024
	£	£
Other debtors	5,292	5,609
	_______	_______

7. Creditors: amounts falling due within one year

	2025	2024
	£	£
Trade creditors	7,080	2,671
Other creditors	19,158	23,607
	_______	_______
	26,238	26,278
	_______	_______

8. Related party transactions

During the year the company entered into the following transactions with related parties:

	Transaction value		Balance owed by/(owed to)
	2025	2024	2025	2024
	£	£	£	£
Woburn Country Foods Limited - purchases	148,709	210,787	( 12,765)	( 16,216)
Woburn Country Foods Limited - consumables and packaging	( 1,044)	1,009	-	-
Woburn Country Foods Limited - subcontract	10,058	28,030	( 186)	( 2,021)
Woburn Country Foods Limited - management charges	11,000	12,950	( 2,142)	-
Woburn Country Foods Limited - stationery costs	13	5	-	-
Woburn Country Foods Limited - repairs and maintenance costs	11	-	-	-
Woburn Country Foods Limited - cleaning costs	40	13	-	-
Woburn Country Foods Limited - general expenses	85	116	-	-
Roxanne Investments Limited - rent payable	20,334	19,652	-	-
Woburn Country Foods Limited - salary recharge	2,756	-	796	-
	_______	_______	_______	_______

Included in creditors amount falling due within one year is a balance due to a company in which certain directors have an interest: Woburn Country Foods Limited £ 1,065 (2024 £ 1,065 )The above account is unsecured, interest free and repayable on demand.