SALAD FAYRE (AT WIBSEY) LIMITED - Accounts to registrar (filleted)

REGISTERED NUMBER: 07123146 (England and Wales)

SALAD FAYRE (AT WIBSEY) LIMITED

Unaudited Financial Statements

for the Year Ended 31 March 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

J B Brannan

REGISTERED OFFICE:

1 Park View Court

St Pauls Road

Shipley

West Yorkshire

BD18 3DZ

REGISTERED NUMBER:

07123146 (England and Wales)

ACCOUNTANTS:

Maclean & Company

1 Park View Court

St Paul's Road

Shipley

West Yorkshire

BD18 3DZ

FIXED ASSETS

Intangible assets

4

1

Tangible assets

5

447

488

448

489

CURRENT ASSETS

Stocks

500

Debtors

6

5,803

1,833

Cash at bank and in hand

6,543

5,053

12,846

7,386

CREDITORS

Amounts falling due within one year

7

11,888

7,728

NET CURRENT ASSETS/(LIABILITIES)

958

(342

)

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,406

147

CAPITAL AND RESERVES

Called up share capital

8

100

Retained earnings

1,306

47

SHAREHOLDERS' FUNDS

1,406

147

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 28 December 2025 and were signed by:

J B Brannan - Director

1.	STATUTORY INFORMATION

SALAD FAYRE (AT WIBSEY) 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

Goodwill, being the amount paid in connection with the acquisition of a business in 2010, is being amortised evenly over its estimated useful life of five 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.

Equipment & fittings

-

25% on cost

Motor vehicles

-

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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

58,650

AMORTISATION

At 1 April 2024

and 31 March 2025

58,649

NET BOOK VALUE

At 31 March 2025

1

At 31 March 2024

1

5.	TANGIBLE FIXED ASSETS

Equipment

Motor

& fittings

vehicles

Totals

£

COST

At 1 April 2024

and 31 March 2025

26,078

15,000

41,078

DEPRECIATION

At 1 April 2024

26,077

14,513

40,590

Charge for year

-

41

At 31 March 2025

26,077

14,554

40,631

NET BOOK VALUE

At 31 March 2025

1

446

447

At 31 March 2024

1

487

488

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Amounts owed by group undertakings

5,803

1,833

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

Trade creditors & accruals

8,102

6,299

Taxation

3,491

1,368

Other creditors

295

61

11,888

7,728

8.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.3.25

31.3.24

value:

£

98

Ordinary

£1

98

2

A Ordinary

£1

2

100

9.	RELATED PARTY DISCLOSURES

During the year, the Company paid £87,000 (2024 - £74,000) in rental and other payments to its parent undertaking Salad Fayre Properties Limited. At the year end, the Company was owed £5,803 by Salad Fayre Properties Limited.

10.	ULTIMATE CONTROLLING PARTY

The company is controlled by its director and his wife, by way of their shareholdings in the Company and in the Company's parent undertaking, Salad Fayre Properties Limited, a company which is registered in England & Wales.