REGISTERED NUMBER: 07913922 (England and Wales)

Roberts Poultry Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Chartered Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

JE Roberts

EJ Roberts

REGISTERED OFFICE:

Uphampton Farm

Shobdon

Leominster

Herefordshire

HR6 9PA

REGISTERED NUMBER:

07913922 (England and Wales)

ACCOUNTANTS:

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

The following reproduces the text of the report prepared for the directors 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 Statement of Income and Retained Earnings and certain other primary statements and the Report of the Directors 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 Roberts Poultry Limited for the year ended 31 March 2025 which comprise the Statement of Income and Retained Earnings, 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 Board of Directors of Roberts Poultry Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Roberts Poultry Limited and state those matters that we have agreed to state to the Board of Directors of Roberts Poultry Limited, as a body, 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 Roberts Poultry Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Roberts Poultry 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 Roberts Poultry Limited. You consider that Roberts Poultry 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 Roberts Poultry 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.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

17 December 2025

FIXED ASSETS

Tangible assets

4

1,542,820

1,652,053

CURRENT ASSETS

Stocks

268,414

35,778

Debtors

5

104,611

396,180

Cash at bank

119,026

-

492,051

431,958

CREDITORS

Amounts falling due within one year

6

496,953

585,099

NET CURRENT LIABILITIES

(4,902

)

(153,141

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,537,918

1,498,912

CREDITORS

Amounts falling due after more than one year

7

(987,144

)

(1,073,370

)

PROVISIONS FOR LIABILITIES

9

(165,161

)

(158,393

)

NET ASSETS

385,613

267,149

CAPITAL AND RESERVES

Allotted, issued and fully paid share capital

1,000

1,000

Retained earnings

384,613

266,149

385,613

267,149

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:

JE Roberts - Director

1.	STATUTORY INFORMATION

Roberts Poultry 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.

The directors are aware that the company has net current liabilities. The directors are confident that the company will continue to trade profitably in the future.

The directors have considered the financial requirements of the company and consider that it will be able to operate within its agreed finance facilities for the next 12 months. The directors therefore consider it appropriate to prepare accounts on the going concern basis.

Turnover

Turnover represents broiler sales and renewable energy income stated net of discounts, rebates, value added tax and other sales taxes.

The company recognises revenue when the significant risks and rewards of ownership have passed to the buyer, when the amount of revenue can be measured reliably, when it is probable that the economic benefits associated with the transaction will flow to the entity and when the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from services is recognised in the accounting periods in which the services are rendered.

The following criteria must be met before revenue is recognised:

Broiler sales

Broiler sales are recognised when the chickens are collected from the farm.

Renewable energy income

Renewable Heat Incentive income is recognised in the period the heat is generated.

Tangible fixed assets

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

Freehold property

-

5% on cost and Straight line over 30 years

Plant and machinery

-

15% on reducing balance and 5% on cost

Motor vehicles

-

20% on reducing balance

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

The company has biological assets included within stock. The biological assets of the company are poultry and these are valued at cost. These have not been depreciated as they have a useful life of less than one year.

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.

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

The average number of employees during the year was 3 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

property

machinery

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

1,275,426

1,511,756

82,874

2,870,056

Additions

-

35,612

-

35,612

Disposals

-

-

(17,973

)

(17,973

)

At 31 March 2025

1,275,426

1,547,368

64,901

2,887,695

DEPRECIATION

At 1 April 2024

372,024

807,928

38,051

1,218,003

Charge for year

43,392

89,714

7,555

140,661

Eliminated on disposal

-

-

(13,789

)

(13,789

)

At 31 March 2025

415,416

897,642

31,817

1,344,875

NET BOOK VALUE

At 31 March 2025

860,010

649,726

33,084

1,542,820

At 31 March 2024

903,402

703,828

44,823

1,652,053

The net book value of tangible fixed assets includes £ 24,200 (2024 - £ 30,250 ) in respect of assets held under hire purchase contracts.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

3,658

372,988

Directors' current accounts

48,033

-

S455 Tax

16,211

-

VAT

23,646

23,192

Prepayments and accrued income

13,063

-

104,611

396,180

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

121,308

192,879

Hire purchase contracts

20,214

7,943

Trade creditors

266,952

378,388

Corporation Tax

69,472

-

Social security and other taxes

1,754

-

Other creditors

2,500

-

Directors' current accounts

-

626

Accruals and deferred income

14,753

5,263

496,953

585,099

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 1-2 years

99,000

100,256

Bank loans - 2-5 years

152,409

216,409

Bank loans more than 5 years by instalments

720,389

722,746

Hire purchase contracts

-

15,162

Accruals and deferred income

15,346

18,797

987,144

1,073,370

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more than 5 years by instalments

720,389

722,746

8.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank loans

1,093,106

1,170,810

Hire purchase contracts

20,214

23,105

1,113,320

1,193,915

The bank loans with Barclays Bank PLC are secured by a fixed and floating charge. The floating charge covers all the property or undertaking of the company.

The obligations under hire purchase contracts are secured by the related assets.

9.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

165,161

158,393

Deferred

tax

£

Balance at 1 April 2024

158,393

Provided during year

6,768

Balance at 31 March 2025

165,161

10.	RELATED PARTY DISCLOSURES

Included in creditors is £2,500 (2024 - £NIL) owed to another company which is controlled by the directors. The loan is interest free and repayable on demand.

Included in debtors is £43,530 (2024 - credit balance of £626) owed by the directors. Interest has been charged on overdrawn balances at the official interest rate.

During the rent totalling £93,440 (2024 - £93,440) and contract charges totalling £20,000 (2024 - £20,000) were paid to a partnership of which the directors are partners.