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REGISTERED NUMBER: 05911508 (England and Wales)

| C R & J PIERCY LTD |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31 MARCH 2025 |

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

| Page |

Company Information | 1 |

Abridged Balance Sheet | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 7

C R & J PIERCY LTD

COMPANY INFORMATION

FOR THE YEAR ENDED 31 MARCH 2025

| DIRECTORS: | Mr C R Piercy

| Mrs J Piercy

| Mr S R Piercy

| Mr T R Piercy

| SECRETARY: | Mrs J Piercy

| REGISTERED OFFICE: | Westmoor

| Easingwold Road

| Stillington

| York

| North Yorkshire

| YO61 1LT

| REGISTERED NUMBER: | 05911508 (England and Wales)

| ACCOUNTANTS: | UHY Calvert Smith

| Chartered Accountants

| Heritage House

| Murton Way

| Osbaldwick

| York

| North Yorkshire

| YO19 5UW

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

ABRIDGED BALANCE SHEET

31 MARCH 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | 2,125 |  | 3,625 |  |

Tangible assets | 5 | 552,813 |  | 376,556 |  |

554,938 |  | 380,181 |  |

CURRENT ASSETS

Stocks | 381,170 |  | 281,897 |  |

Debtors | 40,978 |  | 57,758 |  |

Investments | 8,198 |  | 9,158 |  |

430,346 |  | 348,813 |  |

CREDITORS

Amounts falling due within one year | 603,252 |  | 452,695 |  |

NET CURRENT LIABILITIES | (172,906 | ) | (103,882 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 382,032 |  | 276,299 |  |

CREDITORS

Amounts falling due after more than one year | 6 | (176,226 | ) | (68,553 | ) |

PROVISIONS FOR LIABILITIES | (78,970 | ) | (67,636 | ) |

NET ASSETS | 126,836 |  | 140,110 |  |

CAPITAL AND RESERVES

Called up share capital | 1,000 |  | 1,000 |  |

Retained earnings | 125,836 |  | 139,110 |  |

SHAREHOLDERS' FUNDS | 126,836 |  | 140,110 |  |

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

ABRIDGED BALANCE SHEET - continued

31 MARCH 2025

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 directors acknowledge their 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2025 in accordance with Section 444(2A) of the Companies Act 2006.

In accordance with Section 444 of the Companies Act 2006, the Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 December 2025 and were signed on its behalf by:

Mrs J Piercy - Director

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

1. | STATUTORY INFORMATION

| C R & J Piercy Ltd 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 company depends on support from the bank and directors to meet its day to day working capital requirements. This support is expected to continue for the foreseeable future. On this basis the directors consider it appropriate to prepare the financial statements on a going concern basis. The financial statements do not include any adjustment that would result from a withdrawal of financial support.

| Turnover

| Turnover represents amounts receivable for goods supplied and for funding received in the course of pig farming, excluding value added tax.

| Goodwill

| Goodwill, being the amount paid in connection with the acquisition of a business in 2006, is being amortised evenly over its estimated useful life of twenty years.

| Tangible fixed assets

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

| Freehold property | - | 10% on reducing balance

| Plant and machinery | - | 25% on reducing balance, 20% on reducing balance and 15% on reducing balance

| Computer equipment | - | 25% 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.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

| 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.

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

2. | ACCOUNTING POLICIES - continued

| 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.

| 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.

| Government grants

| Grants that are receivable as compensation for expenses or losses already incurred or for the purpose of giving immediate financial support to the entity are recognised in the period in which they become receivable.

| Capital grants received towards tangible fixed assets are included in creditors as deferred income and credited to the profit and loss account over the life of the asset.

| Investments

| Investments are measured at cost.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

3. | EMPLOYEES AND DIRECTORS

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

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

4. | INTANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 30,000 |  |

| AMORTISATION

| At 1 April 2024 | 26,375 |  |

| Amortisation for year | 1,500 |  |

| At 31 March 2025 | 27,875 |  |

| NET BOOK VALUE

| At 31 March 2025 | 2,125 |  |

| At 31 March 2024 | 3,625 |  |

5. | TANGIBLE FIXED ASSETS

| Totals

£ |

| COST

| At 1 April 2024 | 870,566 |  |

| Additions | 247,006 |  |

| Disposals | (22,550 | ) |

| At 31 March 2025 | 1,095,022 |  |

| DEPRECIATION

| At 1 April 2024 | 494,010 |  |

| Charge for year | 64,655 |  |

| Eliminated on disposal | (16,456 | ) |

| At 31 March 2025 | 542,209 |  |

| NET BOOK VALUE

| At 31 March 2025 | 552,813 |  |

| At 31 March 2024 | 376,556 |  |

6. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |

2025 | 2024 |

£ | £ |

| Repayable by instalments

| Bank loans in more than 5 years | 19,723 |  | - |  |

C R & J PIERCY LTD (REGISTERED NUMBER: 05911508)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31 MARCH 2025

7. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank overdrafts | 245,810 |  | 127,593 |  |

| Hire purchase contracts | 35,076 |  | 19,167 |  |

| Bank loans | 188,624 |  | 72,027 |  |

469,510 |  | 218,787 |  |

| The bank overdraft and loans are secured by way of a first charge on the company's property and assets.

| The hire purchase contracts are secured on the assets to which the loan relates.

8. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| Mr C R Piercy and Mrs J Piercy

| Balance outstanding at start of year | - |  | - |  |

| Amounts advanced | 43,547 |  | 50,862 |  |

| Amounts repaid | (43,547 | ) | (50,862 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| The loan to the directors is interest free and repayable on demand.

9. | RELATED PARTY DISCLOSURES

| Rent costs include £12,000 (2024: £12,000) paid to the directors.