The Little Big Food Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04048318 (England and Wales)

The Little Big Food Company Limited

Audited Financial Statements for the Year Ended 30th April 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

N McCollum

REGISTERED OFFICE:

The Granary

Dial Hall Farm

Seaton Ross

York

East Yorkshire

YO42 4NF

REGISTERED NUMBER:

04048318 (England and Wales)

AUDITORS:

Smailes Goldie

Chartered Accountants

Statutory Auditor

Regent's Court

Princess Street

Hull

East Yorkshire HU2 8BA

FIXED ASSETS

Tangible assets

4

589,498

424,491

CURRENT ASSETS

Stocks

5

963,159

740,230

Debtors

6

2,190,618

2,168,575

Cash at bank

436,102

331,776

3,589,879

3,240,581

CREDITORS

Amounts falling due within one year

7

1,750,671

1,648,968

NET CURRENT ASSETS

1,839,208

1,591,613

TOTAL ASSETS LESS CURRENT
LIABILITIES

2,428,706

2,016,104

CREDITORS

Amounts falling due after more than one
year

8

-

(121,747

)

PROVISIONS FOR LIABILITIES

(7,830

)

(8,182

)

NET ASSETS

2,420,876

1,886,175

CAPITAL AND RESERVES

Called up share capital

11

5,000

Share premium

193,243

Capital redemption reserve

1,757

Retained earnings

2,220,876

1,686,175

SHAREHOLDERS' FUNDS

2,420,876

1,886,175

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 Profit & Loss has not been delivered.

The financial statements were approved by the director and authorised for issue on 13th November 2025 and were signed by:

N McCollum - Director

1.	STATUTORY INFORMATION

The Little Big Food Company 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.

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

Preparation of consolidated financial statements

The financial statements contain information about The Little Big Food Company Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 399(2A) of the Companies Act 2006 from the requirements to prepare consolidated financial statements.

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 calculated so as to write off the cost of the assets on a straight line basis over the expected useful economic lives of the assets concerned. The principal lives of assets used for this purpose are as follows:-

Computer equipment

- 3 years

Fixtures and fittings

- 3 years

Leasehold improvements

- 1.5 years

Motor vehicles

- between 5 to 10 years

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit & Loss to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Operating lease rentals

Operating lease rentals are charged to the profit and loss account in a manner consistent with the accruals concept of accounting.

Derivatives

Where material to the financial statements, derivative financial instruments are initially measured at fair value at the date on which a derivative contract is entered into and are subsequently measured at fair value through profit or loss. The company uses derivatives to reduce the risk of currency fluctuation from trading in foreign currencies. Where such derivatives are matched with a firm contract for the supply of goods fair value hedge accounting is applied to net off corresponding gains and losses in the profit and loss account.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

Freehold

to

and

property

fittings

£

COST

At 1st May 2024

371,847

2,925

12,975

Additions

-

177,418

549

At 30th April 2025

371,847

180,343

13,524

DEPRECIATION

At 1st May 2024

-

2,925

11,850

Charge for year

-

679

1,206

At 30th April 2025

-

3,604

13,056

NET BOOK VALUE

At 30th April 2025

371,847

176,739

468

At 30th April 2024

371,847

-

1,125

Motor

Computer

vehicles

equipment

Totals

£

COST

At 1st May 2024

49,190

72,418

509,355

Additions

-

1,989

179,956

At 30th April 2025

49,190

74,407

689,311

DEPRECIATION

At 1st May 2024

2,869

67,220

84,864

Charge for year

9,838

3,226

14,949

At 30th April 2025

12,707

70,446

99,813

NET BOOK VALUE

At 30th April 2025

36,483

3,961

589,498

At 30th April 2024

46,321

5,198

424,491

5.

STOCKS

2025

2024

£

Stocks

963,159

740,230

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

777,129

979,046

Amounts owed by group undertakings

1,064,218

Other debtors

133,001

-

Directors' loan accounts

129,145

-

VAT

52,981

56,930

Prepayments

34,144

68,381

2,190,618

2,168,575

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

-

16,491

Hire purchase contracts (see note 9)

12,428

14,910

Trade creditors

1,182,569

1,486,596

Amounts owed to parent company

20,000

Tax

222,799

49,764

Social security and other taxes

10,710

6,240

Other creditors

117

25,316

Directors' loan accounts

-

1,542

Accrued expenses

302,048

28,109

1,750,671

1,648,968

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

2025

2024

£

Bank loans - 1-2 years

-

16,806

Bank loans - 2-5 years

-

92,513

Hire purchase contracts (see note 9)

-

12,428

-

121,747

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

12,428

14,910

Between one and five years

-

12,428

27,338

Non-cancellable

operating leases

2025

2024

£

Within one year

17,202

18,972

Between one and five years

8,271

13,067

25,473

32,039

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Bank loan

-

125,810

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

5,000

Ordinary

£1

5,000

12.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

William Cowell FCA (Senior Statutory Auditor)

for and on behalf of Smailes Goldie

13.	DIRECTOR'S ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 30th April 2025 and 30th April 2024:

2025

2024

£

N McCollum

Balance outstanding at start of year

(1,542

)

33,165

Amounts advanced

130,687

84,093

Amounts repaid

-

(118,800

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

129,145

(1,542

)

14.	ULTIMATE CONTROLLING PARTY

The controlling party is N McCollum.

15.	ULTIMATE PARENT COMPANY

The company's immediate parent company is Broomco (2377) Limited. The company's ultimate parent company is NMGranary Holdings Limited, a company registered in England and Wales.