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Registration number: 07660860

Abbey Foods (North West) Limited
Unaudited Financial Statements
for the Year Ended 31 March 2025

Abbey Foods (North West) Limited

Contents

Balance Sheet | 1 to 2
Notes to the Unaudited Financial Statements | 3 to 7

Abbey Foods (North West) Limited

(Registration number: 07660860)
Balance Sheet as at 31 March 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 5 | 6,977 | 9,305
Current assets |  |  |
Stocks |  | 40,599 | 38,395
Debtors | 6 | 12,913 | 10,223
|  | 53,512 | 48,618
Creditors: Amounts falling due within one year | 7 | (52,890) | (42,478)
Net current assets |  | 622 | 6,140
Total assets less current liabilities |  | 7,599 | 15,445
Creditors: Amounts falling due after more than one year | 7 | (2,654) | (13,094)
Provisions for liabilities |  | (1,326) | (1,768)
Net assets |  | 3,619 | 583
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | 3,519 | 483
Shareholders' funds |  | 3,619 | 583

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.

Director's responsibilities:

• | The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
• | The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Abbey Foods (North West) Limited

(Registration number: 07660860)
Balance Sheet as at 31 March 2025

These financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and FRS 102 ‘The Financial Reporting Standard Applicable in the UK and Republic of Ireland’.

Approved and authorised by the director on 16 November 2025

......................................... Mr S Minter Director

Abbey Foods (North West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 5 Campbell Road Industrial Estate
Campbell Road
Stoke-On-Trent
Staffordshire
ST4 4DX

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

These financial statements are prepared in Sterling, which is the functional currency of the company. All monetary amounts are rounded to the nearest £.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Abbey Foods (North West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Tax

The tax expense for the period comprises current and deferred tax.

The current tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

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

Asset class | Depreciation method and rate
Plant and machinery | 25% reducing balance
Furniture, fittings and equipment | 25% reducing balance

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2012, is being amortised evenly over its estimated useful life of ten years.

Stocks

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

3 | Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Abbey Foods (North West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4 | Intangible assets

| Goodwill £ | Total £
Cost or valuation
At 1 April 2024 | 5,000 | 5,000
At 31 March 2025 | 5,000 | 5,000
Amortisation
At 1 April 2024 | 5,000 | 5,000
At 31 March 2025 | 5,000 | 5,000
Carrying amount
At 31 March 2025 | - | -
At 31 March 2024 | - | -

5 | Tangible assets

| Furniture, fittings and equipment £ | Plant and machinery £ | Total £
Cost or valuation
At 1 April 2024 | 3,680 | 38,802 | 42,482
At 31 March 2025 | 3,680 | 38,802 | 42,482
Depreciation
At 1 April 2024 | 1,610 | 31,567 | 33,177
Charge for the year | 518 | 1,810 | 2,328
At 31 March 2025 | 2,128 | 33,377 | 35,505
Carrying amount
At 31 March 2025 | 1,552 | 5,425 | 6,977
At 31 March 2024 | 2,070 | 7,235 | 9,305

Abbey Foods (North West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 630 | 2,354
Amounts owed by participating interests | 8,590 | 4,410
Other debtors | 3,693 | 3,459
| 12,913 | 10,223

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings | 8 | 22,243 | 25,826
Trade creditors |  | 17,783 | 4,819
Taxation and social security |  | 9,935 | 9,828
Other creditors |  | 2,929 | 2,005
|  | 52,890 | 42,478

Creditors: amounts falling due after more than one year

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank Loans and overdraft | 2,654 | 13,094

Abbey Foods (North West) Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

8 | Loans and borrowings

| 2025 £ | 2024 £
Current loans and borrowings
Bank overdrafts | 11,804 | 15,643
Bank loan | 10,439 | 10,183
| 22,243 | 25,826

| 2025 £ | 2024 £
Non-current loans and borrowings
Bank loan | 2,654 | 13,094