REGISTERED NUMBER: 00830446 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

WILLERBY WOLD PIGGERIES LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs Patricia Lloyd Bradley

Mr David Howard Bradley

Mr Richard Andrew Bradley

SECRETARY:

Mrs Patricia Lloyd Bradley

REGISTERED OFFICE:

Willerby Pig Farm

Staxton

Scarborough

North Yorkshire

YO12 4SN

REGISTERED NUMBER:

00830446 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

5 & 6 Manor Garth

Manor Court

Scarborough

North Yorkshire

YO11 3TU

FIXED ASSETS

Intangible assets

5

-

-

Tangible assets

6

19,008,654

19,100,009

Investments

7

100

100

19,008,754

19,100,109

CURRENT ASSETS

Stocks

873,330

854,225

Debtors

8

1,241,068

1,552,880

Investments

9

3,217

1,918

2,117,615

2,409,023

CREDITORS

Amounts falling due within one year

10

5,162,788

4,688,018

NET CURRENT LIABILITIES

(3,045,173

)

(2,278,995

)

TOTAL ASSETS LESS CURRENT LIABILITIES

15,963,581

16,821,114

CREDITORS

Amounts falling due after more than one year

11

(9,047,316

)

(9,271,688

)

PROVISIONS FOR LIABILITIES

(281,735

)

(368,818

)

NET ASSETS

6,634,530

7,180,608

CAPITAL AND RESERVES

Called up share capital

410

410

Retained earnings

6,634,120

7,180,198

SHAREHOLDERS' FUNDS

6,634,530

7,180,608

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.

In accordance with Section 444 of the Companies Act 2006, the Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 11 December 2025 and were signed on its behalf by:

Mrs Patricia Lloyd Bradley - Director

1.	STATUTORY INFORMATION

Willerby Wold Piggeries 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Willerby Wold Piggeries Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is entitled under Section 402 of the Companies Act 2006 to exemption from the requirement to prepare group accounts, as its sole subsidiary, Folkton Wold Quarry Limited, can be excluded from consolidation as it meets the requirements of Section 405(2) of the Companies Act 2006 (inclusion not material for the purpose of giving a true and fair view), and therefore group accounts are not required to be prepared.

Related party exemption

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Freehold land and buildings

-

Land 0%, buildings 2% on cost

Plant and machinery

-

20% on cost

Fixtures, fittings and equipment

-

20% on cost

Motor vehicles

-

10% on cost

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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 and Loss Account, except 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.

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.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

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.

Going concern

The directors have prepared the financial statements on the going concern basis.

The company has considerable financial resources together with long-term relationships with a number of customers and suppliers across different geographic areas. As a consequence, the directors believe that the company is well placed to manage its business risks successfully.

The directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus they continue to adopt the going concern basis of accounting in preparing the financial statements.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 17 (2024 - 18 ) .

5.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 April 2024

25,696

Reclassification/transfer

23,266

At 31 March 2025

48,962

AMORTISATION

At 1 April 2024

25,696

Charge for year

23,266

At 31 March 2025

48,962

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

6.	TANGIBLE FIXED ASSETS

Fixtures,

Freehold

fittings

land and

Plant and

and

Motor

buildings

machinery

equipment

vehicles

Totals

£

£

£

£

£

COST

At 1 April 2024

19,027,837

2,495,816

1,005,909

2,412,583

24,942,145

Additions

-

470,764

-

95,008

565,772

Disposals

-

(44,050

)

(31,988

)

(162,245

)

(238,283

)

Reclassification/transfer

(23,266

)

-

-

-

(23,266

)

At 31 March 2025

19,004,571

2,922,530

973,921

2,345,346

25,246,368

DEPRECIATION

At 1 April 2024

1,392,633

2,136,614

957,527

1,355,362

5,842,136

Charge for year

87,431

209,129

28,884

271,020

596,464

Eliminated on disposal

-

(33,700

)

(31,988

)

(135,198

)

(200,886

)

At 31 March 2025

1,480,064

2,312,043

954,423

1,491,184

6,237,714

NET BOOK VALUE

At 31 March 2025

17,524,507

610,487

19,498

854,162

19,008,654

At 31 March 2024

17,635,204

359,202

48,382

1,057,221

19,100,009

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

Motor

machinery

vehicles

Totals

£

£

£

COST

At 1 April 2024

398,045

965,680

1,363,725

Additions

333,264

49,500

382,764

Transfer to ownership

(338,545

)

(265,680

)

(604,225

)

At 31 March 2025

392,764

749,500

1,142,264

DEPRECIATION

At 1 April 2024

182,303

291,235

473,538

Charge for year

24,250

133,350

157,600

Transfer to ownership

(170,403

)

(116,235

)

(286,638

)

At 31 March 2025

36,150

308,350

344,500

NET BOOK VALUE

At 31 March 2025

356,614

441,150

797,764

At 31 March 2024

215,742

674,445

890,187

7.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2024

and 31 March 2025

100

NET BOOK VALUE

At 31 March 2025

100

At 31 March 2024

100

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

824,755

1,220,763

Other debtors

416,313

332,117

1,241,068

1,552,880

9.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Other investments

3,217

1,918

Investments are held at cost.

10.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

1,060,950

1,251,386

Hire purchase contracts

409,198

254,393

Trade creditors

1,241,181

1,165,947

Taxation and social security

12,216

70,281

Other creditors

2,439,243

1,946,011

5,162,788

4,688,018

11.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans

8,835,931

9,007,709

Hire purchase contracts

211,385

263,979

9,047,316

9,271,688

Amounts falling due in more than five years:

Repayable otherwise than by instalments

Bank loans more 5 yrs non-inst

8,563,750

8,563,750

12.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

886,542

1,079,496

Bank loans

9,010,339

9,179,599

Hire purchase contracts

620,583

518,372

10,517,464

10,777,467

The bank borrowings are secured by first legal charges over freehold properties owned by the company.

The amounts owing under hire purchase contracts are secured by the assets concerned.

13.	OTHER FINANCIAL COMMITMENTS

The company has leasing commitments at the balance sheet date of £49,950 (2024 £99,900).

14.	RELATED PARTY TRANSACTIONS

Entities with control, joint control or significant influence over the entity.

2025

2024

£

£

Sales

1,567,930

1,018,839

Purchases

(110,776

)

(175,693

)

Bad debts received

0

423,948

Provision for doubtful debts expense

(19,000

)

(30,735

)

Trade and other debtors

3,085,744

3,189,889

Bad debt provision

(2,737,497

)

(2,754,528

)

Trade and other creditors

(62,077

)

(68,450

)

15.	CONTROLLING PARTY

The directors are considered to be the ultimate controlling party by virtue of their ability to act in concert in respect of the operational and financial policies of the company.