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Registration number: 04984003

Wiltshire Bacon Company Limited
Annual Report and Unaudited Financial Statements
for the Year Ended 31 August 2025

Wiltshire Bacon Company Limited

Contents

Balance Sheet | 1 to 2
Statement of Changes in Equity | 3
Notes to the Unaudited Financial Statements | 4 to 11

Wiltshire Bacon Company Limited

(Registration number: 04984003)
Balance Sheet as at 31 August 2025

| Note | 2025 £ | (As restated) 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 315,348 | 321,592
Current assets |  |  |
Stocks | 5 | 45,592 | 48,650
Debtors | 6 | 107,521 | 95,224
Cash at bank and in hand |  | 57,400 | 59,225
|  | 210,513 | 203,099
Creditors: Amounts falling due within one year | 7 | (164,532) | (174,098)
Net current assets |  | 45,981 | 29,001
Total assets less current liabilities |  | 361,329 | 350,593
Creditors: Amounts falling due after more than one year | 7 | (37,954) | (49,085)
Provisions for liabilities |  | (67,659) | (68,796)
Net assets |  | 255,716 | 232,712
Capital and reserves |  |  |
Called up share capital |  | 2 | 2
Retained earnings |  | 255,714 | 232,710
Shareholders' funds |  | 255,716 | 232,712

Wiltshire Bacon Company Limited

(Registration number: 04984003)
Balance Sheet as at 31 August 2025

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

Director's 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 director acknowledges his 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 and 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 director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 5 March 2026

Mr C Taylor Director |  |

Wiltshire Bacon Company Limited

Statement of Changes in Equity for the Year Ended 31 August 2025

| Share capital £ | Retained earnings £ | Total £
At 1 September 2023 | 2 | 262,950 | 262,952
Profit for the year | - | 38,760 | 38,760
Dividends | - | (69,000) | (69,000)
At 31 August 2024 | 2 | 232,710 | 232,712

| Share capital £ | Retained earnings £ | Total £
At 1 September 2024 | 2 | 232,710 | 232,712
Profit for the year | - | 67,004 | 67,004
Dividends | - | (44,000) | (44,000)
At 31 August 2025 | 2 | 255,714 | 255,716

Wiltshire Bacon Company Limited

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

1 | General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
Unit 27 Marsh Farm
Hilperton
Trowbridge
Wiltshire
BA14 7PJ

These financial statements were authorised for issue by the director on 5 March 2026.

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).
The prior year's financial statements were prepared in accordance with Financial Reporting Standard 105 (FRS 105) applicable to micro-entities. However, as the company has now exceeded the eligibility thresholds for FRS 105, the financial statements have been prepared in accordance with Financial Reporting Standard 102 (FRS 102) Section 1A, which applies to small entities.
As a result of adopting Financial Reporting Standard 102 (FRS 102) Section 1A, the company has reviewed and updated its accounting policies to comply with the disclosure requirements of the new framework. On transition, deferred tax was recognised in the prior year, resulting in a reduction in the profit and loss account, and retained earnings, of £68,796.

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.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The financial statements have been prepared on a going concern basis. As at the date of signing the financial statements, the director confirms that the company is in a position to meet its liabilities for a period of 12 months and that there are no foreseeable events which may give rise to liabilities which exceeds the company’s ability to pay.

Wiltshire Bacon Company Limited

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

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.
Unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.
Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

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
Leasehold property and improvements | Nil and 15% reducing balance
Fixtures and fittings | 15% reducing balance
Plant and machinery | 15% reducing balance
Office equipment | 33% straight line
Commercial motor vehicles | 15% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Wiltshire Bacon Company Limited

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

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.
Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

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 stocks 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.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.
Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Wiltshire Bacon Company Limited

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

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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 the director) during the year was 7 (2024 - 6).

Wiltshire Bacon Company Limited

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

4 | Tangible assets

| Leasehold property and improvements £ | Fixtures and fittings £ | Plant and machinery £ | Office equipment £ | Commercial motor vehicles £ | Total £
Cost or valuation
At 1 September 2024 | 55,519 | 9,811 | 470,156 | 4,808 | 73,490 | 613,784
Additions | - | - | 1,728 | 283 | 41,995 | 44,006
At 31 August 2025 | 55,519 | 9,811 | 471,884 | 5,091 | 115,485 | 657,790
Depreciation
At 1 September 2024 | 8,084 | 7,665 | 231,867 | 3,760 | 40,816 | 292,192
Charge for the year | 1,573 | 295 | 36,090 | 1,041 | 11,251 | 50,250
At 31 August 2025 | 9,657 | 7,960 | 267,957 | 4,801 | 52,067 | 342,442
Carrying amount
At 31 August 2025 | 45,862 | 1,851 | 203,927 | 290 | 63,418 | 315,348
At 31 August 2024 | 47,435 | 2,146 | 238,289 | 1,048 | 32,674 | 321,592

Included within the net book value of land and buildings above is £45,862 (2024 - £47,435) in respect of short leasehold land and buildings.

Wiltshire Bacon Company Limited

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

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 45,592 | 48,650

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 74,885 | 61,355
Other debtors | 12,970 | 4,871
Prepayments | 19,666 | 28,998
| 107,521 | 95,224

7 | Creditors

Due within one year | Note | 2025 £ | 2024 £
Loans and borrowings | 8 | 50,062 | 40,000
Trade creditors |  | 70,911 | 103,050
Amounts due to related parties | 9 | 351 | 193
Social security and other taxes |  | 23,737 | 26,057
Other creditors |  | 12,773 | 102
Accruals |  | 6,698 | 4,696
|  | 164,532 | 174,098
Due after one year |  |  |
Loans and borrowings | 8 | 37,954 | 49,085

Wiltshire Bacon Company Limited

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

8 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | 10,462 | 9,869
Hire purchase contracts | 39,600 | 30,131
| 50,062 | 40,000

Non-current loans and borrowings

| 2025 £ | 2024 £
Bank borrowings | - | 9,687
Hire purchase contracts | 37,954 | 39,398
| 37,954 | 49,085

Hire purchase contracts are secured against the assets to which they relate.

9 | Related party transactions

Loans to related parties

2025 | Key management £ | Total £
Advanced | 48,129 | 48,129
Repaid | (48,480) | (48,480)
At end of period | (351) | (351)

Terms of loans to related parties
Loans to key management are repayable on demand and interest is charged at the approved HMRC rate.

Wiltshire Bacon Company Limited

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

Loans from related parties

2025 | Key management £ | Total £
At start of period | 193 | 193
Repaid | (193) | (193)
At end of period | - | -

2024 | Key management £ | Total £
At start of period | 506 | 506
Advanced | 69,000 | 69,000
Repaid | (69,313) | (69,313)
At end of period | 193 | 193

Terms of loans from related parties

Loans from key management are interest free and repayable on demand.