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Registered number: 03950399

Udale Speciality Foods Limited

ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

Udale Speciality Foods Limited

BALANCE SHEET AT 31/03/2025
						2025				2024
		Notes				£				£
FIXED ASSETS
Tangible assets		2				1,302,163				1,312,697
CURRENT ASSETS
Stock				156,959				216,687
Debtors		4		476,955				654,436
Cash at bank and in hand				85,001				47,914
				718,915				919,037
CREDITORS: Amounts falling due within one year		5		761,115				863,762
NET CURRENT (LIABILITIES) / ASSETS						(42,200)				55,275
TOTAL ASSETS LESS CURRENT LIABILITIES						1,259,963				1,367,972
CREDITORS: Amounts falling due after more than one year		6				350,541				365,099
PROVISIONS FOR LIABILITIES AND CHARGES		8				59,257				48,686
NET ASSETS						850,165				954,187
CAPITAL AND RESERVES
Called up share capital		9				60,000				60,000
Profit and loss account						790,165				894,187
SHAREHOLDERS' FUNDS						850,165				954,187
For the year ending 31/03/2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have decided not to deliver to the registrar a copy of the company's profit and loss account.
Approved by the board on 10/11/2025 and signed on their behalf by
.............................
Mr IR Udale
Director

Udale Speciality Foods Limited

NOTES TO THE ACCOUNTS

FOR THE YEAR ENDED 31/03/2025

1. ACCOUNTING POLICIES

1a. Basis Of Accounting

The accounts have been prepared under the historical cost convention.

The accounts have been prepared in accordance with FRS102 - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006 .

1b. Depreciation
Depreciation has been provided at the following rates in order to write off the assets over their estimated useful lives.
Plant and Machinery		%
Commercial Vehicles		%
Fixtures and Fittings		%
Equipment		%

1c. Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell (net realisable value). Costs, which comprise direct production costs, are based on the method most appropriate to the type of inventory class, but usually on a first-in-first-out basis. Overheads are charged to profit or loss as incurred. Net realisable value is based on the estimated selling price less any estimated completion or selling costs.

When stocks are sold, the carrying amount of those stocks is recognised as an expense in the period in which the related revenue is recognised. The amount of any write-down of stocks to net realisable value and all losses of stocks are recognised as an expense in the period in which the write-down or loss occurs. The amount of any reversal of any write-down of stocks is recognised as a reduction in the amount of stocks recognised as an expense in the period in which the reversal occurs.

1d. Pension Costs

The company operates a defined contribution pension scheme. The pension charge represents the amounts payable by the company to the fund in respect of the year.

2. TANGIBLE FIXED ASSETS
		Land And		Plant and
		Buildings		Machinery Etc.		Total
		£		£		£
Cost
At 01/04/2024		866,201		1,239,513		2,105,714
Additions		-		150,916		150,916
Disposals		-		(358,887)		(358,887)
At 31/03/2025		866,201		1,031,542		1,897,743
Depreciation
At 01/04/2024		-		793,017		793,017
Disposals		-		(300,709)		(300,709)
For the year		-		103,272		103,272
At 31/03/2025		-		595,580		595,580
Net Book Amounts
At 31/03/2025		866,201		435,962		1,302,163
At 31/03/2024		866,201		446,496		1,312,697

Udale Speciality Foods Limited

3. STOCK				2025		2024
				£		£
Stock comprises:
Stock				156,959		216,687
				156,959		216,687

4. DEBTORS				2025		2024
				£		£
Amounts falling due within one year
Trade debtors				432,058		639,902
VAT				21,603		1,242
Prepayments				23,294		13,292
				476,955		654,436

5. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
				2025		2024
				£		£
Taxes and Social Security				122,753		150,034
Hire purchase				59,128		66,812
Trade creditors				481,277		525,853
Other creditors				97,957		121,063
				761,115		863,762

6. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
				2025		2024
				£		£
Bank loans (secured) >1yr				304,188		343,438
Hire purchase >1yr				46,353		21,661
				350,541		365,099

7. EMPLOYEES
				2025		2024
				No.		No.
Average number of employees				40		42

Udale Speciality Foods Limited

8. PROVISIONS FOR LIABILITIES				2025		2024
				£		£
Deferred taxation				59,257		48,686
				59,257		48,686

9. SHARE CAPITAL				2025		2024
				£		£
Allotted, issued and fully paid:
60000 Ordinary shares of £1 each				60000		60000
				60,000		60,000