Registration number: 04408748

Rannoch Food Group Limited

Contents

Company Information	1
Profit and Loss Account and Statement of Retained Earnings	2
Balance Sheet	3 to 4
Notes to the Unaudited Financial Statements	5 to 10

Rannoch Food Group Limited

Company Information

Director

Mr J E Dutton

Registered office

Albion House 32 Pinchbeck Road Spalding Lincolnshire PE11 1QD

Solicitors

Birketts

Accountants

Cannon Williamson Chartered Certified AccountantsAlbion House 32 Pinchbeck Road Spalding Lincolnshire PE11 1QD

Rannoch Food Group Limited

Profit and Loss Account and Statement of Retained Earnings for the Year Ended 30 September 2025

	Note	2025 £	2024 £
Turnover		1,116,977	1,116,977
Raw materials and consumables used		(25,418)	(24,208)
Depreciation and amortisation expense		(58,510)	(39,608)
Other expenses		(121,147)	(27,320)
Operating profit		911,902	1,025,841
Other interest receivable and similar income		44,315	18,515
Interest payable and similar charges		(560,458)	(559,731)
		(516,143)	(541,216)
Profit before tax		395,759	484,625
Taxation		94,018	(130,188)
Profit for the year		489,777	354,437
Retained earnings brought forward		5,175,397	4,919,810
Retained earnings carried forward		5,665,174	5,274,247

Rannoch Food Group Limited

(Registration number: 04408748)
Balance Sheet as at 30 September 2025

	Note	2025 £	2024 £
Fixed Assets
Tangible Assets	4	662,256	531,746
Investment property	5	11,860,000	11,860,000
		12,522,256	12,391,746
Current assets
Debtors	6	854,341	921,119
Cash at bank and in hand		474,995	1,132,608
		1,329,336	2,053,727
Creditors: Amounts falling due within one year	7	(312,471)	(72,345)
Net current assets		1,016,865	1,981,382
Total assets less current liabilities		13,539,121	14,373,128
Creditors: Amounts falling due after more than one year	7	(5,404,328)	(6,641,407)
Provisions for liabilities		(2,169,019)	(2,053,124)
Net assets excluding pension asset/(liability)		5,965,774	5,678,597
Deferred tax liability on post retirement benefits		-	(202,600)
Net assets		5,965,774	5,475,997
Capital and Reserves
Called up share capital	8	300,600	300,600
Retained Earnings		5,665,174	5,175,397
Shareholders' funds		5,965,774	5,475,997

For the financial year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 12 December 2025
 

Rannoch Food Group Limited

(Registration number: 04408748)
Balance Sheet as at 30 September 2025 (continued)

......................................... Mr J E Dutton Director

Rannoch Food Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1	General information

The company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
Albion House
32 Pinchbeck Road
Spalding
Lincolnshire
PE11 1QD
United Kingdom

These financial statements were authorised for issue by the director on 12 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

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

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Summary of disclosure exemptions

The company has taken advantage of the exemptions available to it under Section 399 of the companies act 2006. This enables a small group to not prepare and file consolidated financial statements..

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Rannoch Food Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

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

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Tangible Assets

Tangible Assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Land	0%
Buildings	0%
Plant and Machinery	10-33% Straight line
Fixtures and Fittings	10% Straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade Debtors

Trade Debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade Debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Rannoch Food Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

2	Accounting policies (continued)

Trade Creditors

Trade Creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade Creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Provisions

Provisions are recognised when the company has an obligation at the reporting date as a result of a past event, it is probable that the company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 1 (2024 - 1).

Rannoch Food Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

4	Tangible Assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 October 2024	166,301	739,984	906,285
Additions	-	189,020	189,020
At 30 September 2025	166,301	929,004	1,095,305
Depreciation
At 1 October 2024	36,702	337,837	374,539
Charge for the year	16,280	42,230	58,510
At 30 September 2025	52,982	380,067	433,049
Carrying amount
At 30 September 2025	113,319	548,937	662,256
At 30 September 2024	129,599	402,147	531,746

5	Investment properties

	2025 £
At 1 October	11,860,000
At 30 September	11,860,000

The last independent valuation was undertaken by Bidwells, a RICS registered surveyor, during October 2022. The directors consider the valuation to still be valid.

6

Debtors

Current	2025 £	2024 £
Trade Debtors	1,942	1,688
Prepayments	16,645	13,210
Other debtors	835,754	906,221
	854,341	921,119

Details of non-current trade and other debtors

£704,127 (2024 -£773,915) of a Deferred tax asset is classified as non current. A deferred tax asset on the un-utilised losses has been recognised. This is because it is considered probable; or more likely than not, that the losses will be utilised against future profits. The asset is already being utilised and it is expected that it will be fully released within five years.

Rannoch Food Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

7

Creditors

Creditors: amounts falling due within one year

	2025 £	2024 £
Due within one year
Trade Creditors	275,031	7,100
Accruals and deferred income	37,440	65,245
	312,471	72,345

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	10	5,404,328	6,641,407

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary A of £1 each	210,000	210,000	210,000	210,000
Ordinary B of £1 each	90,000	90,000	90,000	90,000
Ordinary C of £1 each	600	600	600	600
	300,600	300,600	300,600	300,600

9

Reserves

The changes to each component of equity resulting from items of other comprehensive income for the prior year were as follows:

	Retained earnings £	Total £
Remeasurement gain/loss on defined benefit pension schemes	(98,850)	(98,850)

Deferred tax at 25% (2024: 25%) has been recognised on the revaluation of the investment properties. The liability recognised against the revaluation is £529,086 (2024: £529,086)

Rannoch Food Group Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025 (continued)

10	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Unsecured debentures	1,969,670	1,819,367
Other borrowings	3,434,658	4,822,040
	5,404,328	6,641,407

11	Parent and ultimate parent undertaking

The company's immediate parent is Rannoch Food Holdings Limited, incorporated in England and Wales.