REGISTERED NUMBER: 07254086 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Abersoch Deli Limited

Page

Balance Sheet

1

Notes to the Financial Statements

3

FIXED ASSETS

Intangible assets

4

11,550

23,100

Tangible assets

5

14,104

15,291

25,654

38,391

CURRENT ASSETS

Stocks

800

800

Debtors

6

461,211

87,753

Cash at bank and in hand

606,175

657,375

1,068,186

745,928

CREDITORS

Amounts falling due within one year

7

292,891

47,636

NET CURRENT ASSETS

775,295

698,292

TOTAL ASSETS LESS CURRENT LIABILITIES

800,949

736,683

PROVISIONS FOR LIABILITIES

8

645

749

NET ASSETS

800,304

735,934

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

800,204

735,834

SHAREHOLDERS' FUNDS

800,304

735,934

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 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 16 December 2025 and were signed on its behalf by:

Mr R Middleton - Director

1.	STATUTORY INFORMATION

Abersoch Deli Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

07254086

Registered office:

1 Thomas Buildings

New Street

Pwllheli

Gwynedd

LL53 5HH

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

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, was amortised evenly over the estimated useful life of twenty five years up to 31 March 2016. From 1 April 2016 the remainder will be amortised evenly over the estimated useful life of ten years, being the directors' best estimate of its economic life.

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.

Land and buildings

-

25 years

Plant and machinery etc

-

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 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.

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 14 (2024 - 12 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

150,000

AMORTISATION

At 1 April 2024

126,900

Charge for year

11,550

At 31 March 2025

138,450

NET BOOK VALUE

At 31 March 2025

11,550

At 31 March 2024

23,100

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 April 2024

19,210

17,959

37,169

Additions

-

440

440

At 31 March 2025

19,210

18,399

37,609

DEPRECIATION

At 1 April 2024

6,916

14,962

21,878

Charge for year

768

859

1,627

At 31 March 2025

7,684

15,821

23,505

NET BOOK VALUE

At 31 March 2025

11,526

2,578

14,104

At 31 March 2024

12,294

2,997

15,291

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Amounts owed by associates

370,443

-

Other debtors

90,768

87,753

461,211

87,753

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade creditors

9,694

11,667

Taxation and social security

25,668

31,602

Other creditors

257,529

4,367

292,891

47,636

8.	PROVISIONS FOR LIABILITIES

31.3.25

31.3.24

£

£

Deferred tax

645

749

Deferred

tax

£

Balance at 1 April 2024

749

Credit to Statement of Income and Retained Earnings during year

(104

)

Balance at 31 March 2025

645

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.3.25

31.3.24

£

£

Mr R Middleton

Balance outstanding at start of year

(38

)

(206

)

Amounts advanced

125

168

Amounts repaid

-

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

87

(38

)