The Veg Factor Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 06813010

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		182,286		190,159

			182,286		190,159
CURRENT ASSETS
Stocks	5	177,066		181,629
Debtors	6	345,639		404,771
Cash at bank and in hand		95,059		33,062

		617,764		619,462
Creditors: Amounts Falling Due Within One Year	7	(299,766 )		(298,506 )

NET CURRENT ASSETS (LIABILITIES)			317,998		320,956

TOTAL ASSETS LESS CURRENT LIABILITIES			500,284		511,115

Creditors: Amounts Falling Due After More Than One Year	8		(21,595 )		(53,922 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(24,933 )		(24,933 )

NET ASSETS			453,756		432,260

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			453,656		432,160

SHAREHOLDERS' FUNDS			453,756		432,260

Page 1

Page 2

The Veg Factor Limited

Balance Sheet (continued)

As At 28 February 2025

For the year ending 28 February 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Stuart Beech

Director

10/12/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

The Veg Factor Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06813010 . The registered office is Unit 26, Hayhill Road Industrial Estate, Barrow upon Soar, Leicestershire, LE12 8LD.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover comprises the invoiced value of goods and services supplied by the company, net of Value Added Tax and trade discounts.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are stated at cost less depreciation. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% on reducing balance
Motor Vehicles	25% on reducing balance
Fixtures & Fittings	25% on reducing balance
Computer Equipment	33% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to profit and loss account as incurred.

2.5. Stocks and Work in Progress

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 stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

2.6. Taxation

The charge for taxation takes into account taxation deferred as a result of timing differences between the treatment of certain items for taxation and accounting purposes. In general, deferred taxation is recognised in respect of timing differences that have originated but not reversed at the balance sheet date. However, deferred tax assets are recognised only to the extent that the directors consider that it is more likely than not that there will be suitable taxable profits from which the future reversal of the underlying timing differences can be deducted. Deferred taxation is measured on a non-discounted basis at the tax rates that are expected to apply in periods in which the timing differences reverse, based on tax rates and the law enacted or substantively enacted at the balance sheet date.

3. Average Number of Employees

Average number of employees, including directors, during the year was:

	2025	2024
Office and administration	28	27

	28	27

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The Veg Factor Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 29 February 2024	64,728	295,626	11,657	38,558	410,569
Additions	10,032	1,000	-	2,596	13,628

As at 28 February 2025	74,760	296,626	11,657	41,154	424,197

Depreciation
As at 29 February 2024	33,071	173,305	3,248	10,786	220,410
Provided during the period	1,595	19,235	407	264	21,501

As at 28 February 2025	34,666	192,540	3,655	11,050	241,911

Net Book Value
As at 28 February 2025	40,094	104,086	8,002	30,104	182,286

As at 29 February 2024	31,657	122,321	8,409	27,772	190,159

5. Stocks

	2025	2024
	£	£
Stock	177,066	181,629

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	339,457	367,271
Prepayments and accrued income	3,581	5,988
VAT	2,601	31,512

	345,639	404,771

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	32,224	44,661
Trade creditors	104,712	57,078
Bank loans and overdrafts	14,969	23,463
Corporation tax	49,634	104,840
Other taxes and social security	22,575	19,982
Pensions payable	-	(203 )
Accruals and deferred income	60,128	47,760
Directors' loan accounts	15,524	925

	299,766	298,506

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The Veg Factor Limited

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	21,595	53,922

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	32,224	44,661
Later than one year and not later than five years	21,595	53,922

	53,819	98,583

	53,819	98,583

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100