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COMPANY REGISTRATION NUMBER: NI630044

Drumgowna Poultry Ltd

Filleted Unaudited Financial Statements

30 June 2025

Drumgowna Poultry Ltd

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Tangible assets | 5 | 1,206,605 | 651,315

Current assets

Stocks | 2,000 | –
Debtors | 6 | 229,604 | 701,469
Cash at bank and in hand | 29,312 | 40,389
| --------- | ---------
| 260,916 | 741,858

Creditors: amounts falling due within one year | 7 | 580,987 | 1,008,745
| --------- | ------------
Net current liabilities | 320,071 | 266,887
| ------------ | ---------
Total assets less current liabilities | 886,534 | 384,428

Creditors: amounts falling due after more than one year | 8 | 690,193 | 11,836

Provisions | 23,210 | 53,205
| --------- | ---------
Net assets | 173,131 | 319,387
| --------- | ---------

Capital and reserves

Called up share capital | 100 | 100
Profit and loss account | 173,031 | 319,287
| --------- | ---------
Shareholders funds | 173,131 | 319,387
| --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 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 financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Drumgowna Poultry Ltd

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 8 December 2025 , and are signed on behalf of the board by:

Mr G Aiken | Mrs A Aiken
Director | Director

Company registration number: NI630044

Drumgowna Poultry Ltd

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 76 Procklis Road, Corlave, Kesh, Enniskillen, County Fermanagh, BT93 1JB. The principal activity of the business is the raising of poultry.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Current and deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Deferred tax balances are recognised in respect of timing differences that have originated but not reversed by the Statement of Financial Position date. Current and deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the Statement of Financial Position date.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Freehold property | - | 2% straight line
| Plant and machinery | - | 10% reducing balance

Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 9 (2024: 4 ).
5. Tangible assets

| Freehold property | Plant and machinery | Total
| £ | £ | £
Cost |  |  |
At 1 July 2024 | 534,100 | 378,304 | 912,404
Additions | – | 683,654 | 683,654
Disposals | – | ( 70,191) | ( 70,191)
| --------- | --------- | ------------
At 30 June 2025 | 534,100 | 991,767 | 1,525,867
| --------- | --------- | ------------
Depreciation |  |  |
At 1 July 2024 | 73,810 | 187,279 | 261,089
Charge for the year | 10,682 | 84,110 | 94,792
Disposals | – | ( 36,619) | ( 36,619)
| --------- | --------- | ------------
At 30 June 2025 | 84,492 | 234,770 | 319,262
| --------- | --------- | ------------
Carrying amount |  |  |
At 30 June 2025 | 449,608 | 756,997 | 1,206,605
| --------- | --------- | ------------
At 30 June 2024 | 460,290 | 191,025 | 651,315
| --------- | --------- | ------------

6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 211,827 | 72,469
Other debtors | 17,777 | 629,000
| --------- | ---------
| 229,604 | 701,469
| --------- | ---------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 143,070 | 10,651
Trade creditors | 230,657 | 786,502
Social security and other taxes | – | 41,394
Other creditors | 207,260 | 170,198
| --------- | ------------
| 580,987 | 1,008,745
| --------- | ------------

8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 639,539 | 11,836
Other creditors | 50,654 | –
| --------- | --------
| 690,193 | 11,836
| --------- | --------

9. Directors' advances, credits and guarantees
During the year the directors advanced £12,735 from the company. Balance owed to the directors as at the 30 June 2025 was £182,933, (2024: £170,198).