REGISTERED NUMBER: 08372764 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2024

for

The Provenance Meat Company Ltd

Page

Company Information

1

Chartered Certified Accountants' Report

2

Balance Sheet

3

Notes to the Financial Statements

5

DIRECTORS:

Mr T R Gibson

Mr S W Robertson

REGISTERED OFFICE:

13 The Courtyard

Timothy's Bridge Road

Stratford upon Avon

Warwickshire

CV37 9NP

REGISTERED NUMBER:

08372764 (England and Wales)

ACCOUNTANTS:

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

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 Income Statement 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 The Provenance Meat Company Ltd for the year ended 31 December 2024 which comprise the Income Statement, 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 Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at http://www.accaglobal.com/rulebook.

This report is made solely to the Board of Directors of The Provenance Meat Company Ltd, 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 The Provenance Meat Company Ltd and state those matters that we have agreed to state to the Board of Directors of The Provenance Meat Company Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/content/dam/ACCA_Global/Technical/fact/tf-163-jan-24.pdf.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that The Provenance Meat Company Ltd 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 The Provenance Meat Company Ltd. You consider that The Provenance Meat Company Ltd 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 The Provenance Meat Company Ltd. 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.

Chandler and Partners Limited

5 Moor Street

Worcester

Worcestershire

WR1 3DB

Date: .............................................

FIXED ASSETS

Tangible assets

4

1,053,661

997,140

CURRENT ASSETS

Stocks

197,387

161,341

Debtors

5

388,509

292,480

Cash at bank and in hand

488,900

350,423

1,074,796

804,244

CREDITORS

Amounts falling due within one year

6

1,096,370

1,019,492

NET CURRENT LIABILITIES

(21,574

)

(215,248

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1,032,087

781,892

CREDITORS

Amounts falling due after more than one year

7

447,257

169,591

NET ASSETS

584,830

612,301

CAPITAL AND RESERVES

Called up share capital

200,120

200,120

Share premium

149,980

149,980

Retained earnings

234,730

262,201

584,830

612,301

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2024 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 28 July 2025 and were signed on its behalf by:

Mr T R Gibson - Director

Mr S W Robertson - Director

1.	STATUTORY INFORMATION

The Provenance Meat Company Ltd 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.

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.

Plant and machinery

-

10% on cost

Fixtures and fittings

-

10% on cost

Motor vehicles

-

10% on cost

Computer equipment

-

10% on cost

Stocks

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

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 AND DIRECTORS

The average number of employees during the year was 50 (2023 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Leasehold

Plant and

and

prop

machinery

fittings

£

£

£

COST

At 1 January 2024

496,850

545,995

571,876

Additions

54,506

5,186

129,254

At 31 December 2024

551,356

551,181

701,130

DEPRECIATION

At 1 January 2024

227,592

239,595

169,703

Charge for year

25,796

41,508

62,222

At 31 December 2024

253,388

281,103

231,925

NET BOOK VALUE

At 31 December 2024

297,968

270,078

469,205

At 31 December 2023

269,258

306,400

402,173

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

21,495

22,883

1,659,099

Additions

-

907

189,853

At 31 December 2024

21,495

23,790

1,848,952

DEPRECIATION

At 1 January 2024

11,106

13,963

661,959

Charge for year

2,149

1,657

133,332

At 31 December 2024

13,255

15,620

795,291

NET BOOK VALUE

At 31 December 2024

8,240

8,170

1,053,661

At 31 December 2023

10,389

8,920

997,140

Fixed assets, included in the above, which are held under hire purchase contracts or finance leases are as follows:

Plant and

machinery

£

COST

At 1 January 2024

and 31 December 2024

24,572

DEPRECIATION

At 1 January 2024

and 31 December 2024

24,572

NET BOOK VALUE

At 31 December 2024

-

At 31 December 2023

-

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

71,185

71,686

Amounts owed by group undertakings

115,750

-

Other debtors

201,574

220,794

388,509

292,480

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Bank loans and overdrafts

3,164

-

Trade creditors

621,138

700,533

Taxation and social security

161,660

172,370

Other creditors

310,408

146,589

1,096,370

1,019,492

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.12.24

31.12.23

£

£

Other creditors

447,257

169,591