REGISTERED NUMBER: 03919543 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 March 2025

for

Cheshire Smokehouse Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Chartered Accountants' Report

8

DIRECTOR:

Mr D Ward

SECRETARY:

Mrs J Ward

REGISTERED OFFICE:

Vost Farm

Morley Green Road

Wilmslow

Cheshire

SK9 5NU

REGISTERED NUMBER:

03919543 (England and Wales)

ACCOUNTANTS:

Sterling Partners Limited

Chartered Accountants

Chartered Tax Advisors

2nd Floor, Grove House

774-780 Wilmslow Road

Didsbury

Manchester

Greater Manchester

M20 2DR

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

211,796

199,776

211,796

199,776

CURRENT ASSETS

Stocks

6

151,055

143,243

Debtors

7

58,549

48,389

Cash at bank and in hand

681,790

498,879

891,394

690,511

CREDITORS

Amounts falling due within one year

8

(298,797

)

(234,566

)

NET CURRENT ASSETS

592,597

455,945

TOTAL ASSETS LESS CURRENT LIABILITIES

804,393

655,721

PROVISIONS FOR LIABILITIES

(53,579

)

(49,892

)

NET ASSETS

750,814

605,829

CAPITAL AND RESERVES

Called up share capital

125

125

Retained earnings

750,689

605,704

750,814

605,829

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 director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 8 October 2025 and were signed by:

Mr D Ward - Director

1.	STATUTORY INFORMATION

Cheshire Smokehouse 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.

Turnover

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

Goodwill

Acquired goodwill is written off in equal instalments over its estimated useful economic life of 20 years.

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.

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 improvements

-

10% on reducing balance

Plant and machinery

-

15% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Computer equipment

-

33% 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 Income Statement, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 39 (2024 - 42 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

206,000

AMORTISATION

At 1 April 2024

and 31 March 2025

206,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Freehold

Fixtures

property

Plant and

and

Computer

improvements

machinery

fittings

equipment

Totals

£

£

£

£

£

COST

At 1 April 2024

187,276

531,694

266,490

49,914

1,035,374

Additions

1,712

53,778

-

-

55,490

Disposals

-

(14,864

)

(527

)

(9,700

)

(25,091

)

At 31 March 2025

188,988

570,608

265,963

40,214

1,065,773

DEPRECIATION

At 1 April 2024

172,158

390,667

237,703

35,070

835,598

Charge for year

1,683

28,712

4,292

4,812

39,499

Eliminated on disposal

-

(11,470

)

(358

)

(9,292

)

(21,120

)

At 31 March 2025

173,841

407,909

241,637

30,590

853,977

NET BOOK VALUE

At 31 March 2025

15,147

162,699

24,326

9,624

211,796

At 31 March 2024

15,118

141,027

28,787

14,844

199,776

6.

STOCKS

2025

2024

£

£

Stocks

151,055

143,243

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

34,830

31,065

Other debtors

2,223

-

Payments on account

5,172

-

VAT

10,317

11,731

Prepayments

6,007

5,593

58,549

48,389

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Payments on account

1,025

-

Trade creditors

155,327

135,971

Tax

114,948

69,033

Social security and other taxes

11,237

12,498

Pension liability

3,217

2,200

Credit card

2,644

7,832

Net wages

2,995

5,666

Accrued expenses

7,404

1,366

298,797

234,566

9.	OTHER FINANCIAL COMMITMENTS

As at 31st March 2025 the company owed £245,100 (2024: £322,500) in respect of rental commitments.

10.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Mr D Ward.

The following reproduces the text of the report prepared for the director in respect of the Company's annual unaudited financial statements. In accordance with the Companies Act 2006, the Company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Director are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Cheshire Smokehouse Limited for the year ended 31 March 2025 which comprise the Income Statement, Balance Sheet and the related notes from the Company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the director of Cheshire Smokehouse Limited in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Cheshire Smokehouse Limited and state those matters that we have agreed to state to the director of Cheshire Smokehouse Limited in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Cheshire Smokehouse Limited and its director for our work or for this report.

It is your duty to ensure that Cheshire Smokehouse Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Cheshire Smokehouse Limited. You consider that Cheshire Smokehouse Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Cheshire Smokehouse Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Sterling Partners Limited

Chartered Accountants

Chartered Tax Advisors

2nd Floor, Grove House

774-780 Wilmslow Road

Didsbury

Manchester

Greater Manchester

M20 2DR

Date: .............................................