Registration number: 01810976

Meadowland Poultry Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 8

Meadowland Poultry Limited

Company Information

Directors

L M Grocott D V Grocott

Company secretary

A Grocott

Registered office

Brookdale Station Road Prees Shropshire SY13 2DW

Accountants

CBSL Accountants Limited Chartered Accountants Rowan House North 1 The Professional Quarter Shrewsbury Business Park Shrewsbury Shropshire SY2 6LG

Meadowland Poultry Limited

(Registration number: 01810976)
Balance Sheet as at 31 March 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	5,711,702	5,164,377
Current assets
Stocks	5	38,750	57,618
Debtors	6	948,077	312,076
Cash at bank and in hand		851,773	809,272
		1,838,600	1,178,966
Creditors: Amounts falling due within one year	7	(1,702,247)	(707,753)
Net current assets		136,353	471,213
Total assets less current liabilities		5,848,055	5,635,590
Creditors: Amounts falling due after more than one year	7	(241,999)	(512,834)
Provisions for liabilities		(543,019)	(406,893)
Net assets		5,063,037	4,715,863
Capital and reserves
Called up share capital	8	3,003,000	3,003,000
Retained earnings		2,060,037	1,712,863
Shareholders' funds		5,063,037	4,715,863

For the financial year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' 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 directors acknowledge their 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 in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

Meadowland Poultry Limited

(Registration number: 01810976)
Balance Sheet as at 31 March 2025

These financial statements have been 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 Board on 19 December 2025 and signed on its behalf by:
 

L M Grocott Director

Meadowland Poultry Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 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:
Brookdale
Station Road
Prees
Shropshire
SY13 2DW

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.

Going concern

The financial statements have been prepared on a going concern basis.

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
Buildings	3% straight line
Plant and machinery	5 - 10% straight line
Land	not depreciated

Meadowland Poultry Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 3 (2024 - 4).

Meadowland Poultry Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

4	Tangible assets

	Land and buildings £	Other tangible assets £	Total £
Cost or valuation
At 1 April 2024	4,440,762	2,360,546	6,801,308
Additions	738,723	96,974	835,697
Disposals	-	(52,077)	(52,077)
At 31 March 2025	5,179,485	2,405,443	7,584,928
Depreciation
At 1 April 2024	713,500	923,431	1,636,931
Charge for the year	101,118	154,307	255,425
Eliminated on disposal	-	(19,130)	(19,130)
At 31 March 2025	814,618	1,058,608	1,873,226
Carrying amount
At 31 March 2025	4,364,867	1,346,835	5,711,702
At 31 March 2024	3,727,262	1,437,115	5,164,377

Included within the net book value of land and buildings above is £4,364,867 (2024 - £3,727,262) in respect of freehold land and buildings.
 

Land and buildings includes land of £908,163 (2024 - £908,163) that is not depreciated.

Included within the net book value are assets held under hire purchase agreements with a net book value at 31 March 2025 of £835,091 (2024 - £808,870). During the year the depreciation charge in respect of these assets totalled £53,392.

5

Stocks

	2025 £	2024 £
Other inventories	38,750	57,618

Meadowland Poultry Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

6

Debtors

Current	2025 £	2024 £
Trade debtors	90,246	244,679
Prepayments	25,319	19,452
Other debtors	832,512	47,945
	948,077	312,076

7

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Loans and borrowings	9	288,272	281,522
Trade creditors		1,272,132	148,530
Taxation and social security		2,452	2,193
Accruals and deferred income		138,513	14,598
Other creditors		878	260,910
		1,702,247	707,753

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	9	241,999	512,834

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	3,000	3,000	3,000	3,000
Preference shares of £1 each	3,000,000	3,000,000	3,000,000	3,000,000
	3,003,000	3,003,000	3,003,000	3,003,000

Meadowland Poultry Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2025

9	Loans and borrowings

The following liabilities disclosed under creditors due within one year are secured by the company:

Current loans and borrowings

	2025 £	2024 £
Finance lease liabilities	288,272	281,522

The following liabilities disclosed under creditors due after one year are secured by the company:

Non-current loans and borrowings

	2025 £	2024 £
Finance lease liabilities	241,999	512,834

10	Related party transactions

At 31 March 2025 a balance of £nil (2024 - £254,047) was due to Grocott Developments Limited, a company controlled by the directors, which is included in other creditors.

11	Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £2,500,000 (2024 - £Nil).