REGISTERED NUMBER: 08695796 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

F V Pigs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

C F Gibbon

SECRETARY:

Mrs F E Gibbon

REGISTERED OFFICE:

Forcett Valley

Forcett

Richmond

North Yorkshire

DL11 7SJ

REGISTERED NUMBER:

08695796 (England and Wales)

ACCOUNTANTS:

Addison & Co

Ebor House

91 Galgate

Barnard Castle

Co Durham

DL12 8ES

FIXED ASSETS

Tangible assets

4

160,542

71,870

CURRENT ASSETS

Stocks

529,090

534,570

Debtors

5

238,448

235,572

Cash at bank

226,121

255,387

993,659

1,025,529

CREDITORS

Amounts falling due within one year

6

194,333

391,666

NET CURRENT ASSETS

799,326

633,863

TOTAL ASSETS LESS CURRENT LIABILITIES

959,868

705,733

PROVISIONS FOR LIABILITIES

30,098

17,968

NET ASSETS

929,770

687,765

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

8

929,769

687,764

SHAREHOLDERS' FUNDS

929,770

687,765

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

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

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 20 October 2025 and were signed by:

C F Gibbon - Director

1.	STATUTORY INFORMATION

F V Pigs 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.

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.

Plant and machinery

-

15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Buildings

machinery

Totals

£

£

£

COST

At 1 April 2024

-

104,518

104,518

Additions

40,835

68,962

109,797

At 31 March 2025

40,835

173,480

214,315

DEPRECIATION

At 1 April 2024

-

32,648

32,648

Charge for year

-

21,125

21,125

At 31 March 2025

-

53,773

53,773

NET BOOK VALUE

At 31 March 2025

40,835

119,707

160,542

At 31 March 2024

-

71,870

71,870

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

97,184

171,534

Scotlean Pigs

14,324

14,243

Directors' current accounts

24,034

-

Tax

5,873

5,873

VAT

50,683

37,272

Prepayments

46,350

6,650

238,448

235,572

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

116,932

164,402

Tax

75,686

94,865

Directors' current accounts

-

130,764

Accrued expenses

1,715

1,635

194,333

391,666

7.	SECURED DEBTS

Lloyds Bank Plc holds debentures dated 30 August 2018 over the company's assets.

8.

RESERVES

Retained

earnings

£

At 1 April 2024

687,764

Profit for the year

242,505

Dividends

(500

)

At 31 March 2025

929,769

9.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

During the year the company paid £312,000 (2024 £351,080) to the business owned by the director for haulage, contract and hire, £516,279 (2024 £419,478) for feed and £69.616 (2024 £63,538) for heat and light and power. All transactions were carried out at market value.

From 1 May 2018 the company occupied land owned by the director paying a rent in the year of £18,000 (2024 £18,000).

At 31 March 2025, the director had an overdraw balance on his directors loan account totalling £24,034 (2024 £0), interest of £267 (2024 £0) was charged. The outstanding amount is repayable on demand.

10.	OPERATING LEASE

From 1 May 2018 the company occupied land at Forcett Valley Farm and Whitton Three Gates under FBTs at rents of £12,000 and £6,000 pa respectively.