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Registration number: 07325799

J.K.M. Foods Limited
Annual Report and Unaudited Filleted Financial Statements
for the Year Ended 31 July 2025

J.K.M. Foods Limited

Contents

Company Information | 1
Balance Sheet | 2 to 3
Notes to the Unaudited Financial Statements | 4 to 8

J.K.M. Foods Limited

Company Information

Director | J K MacFarlane

Registered office | Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

Accountants | Burton Sweet Limited Chartered Accountants and Business Advisers Cooper House Lower Charlton Estate Shepton Mallet Somerset BA4 5QE

J.K.M. Foods Limited

(Registration number: 07325799)
Balance Sheet
31 July 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 4,764 | 7,247
Current assets |  |  |
Stocks | 5 | 26,566 | 20,153
Debtors | 6 | 28,395 | 33,821
Cash at bank and in hand |  | 3,686 | 11,931
|  | 58,647 | 65,905
Creditors: Amounts falling due within one year | 7 | (73,392) | (90,684)
Net current liabilities |  | (14,745) | (24,779)
Total assets less current liabilities |  | (9,981) | (17,532)
Creditors: Amounts falling due after more than one year | 7 | (661) | (1,805)
Net liabilities |  | (10,642) | (19,337)
Capital and reserves |  |  |
Called up share capital |  | 100 | 100
Retained earnings |  | (10,742) | (19,437)
Shareholders' deficit |  | (10,642) | (19,337)

J.K.M. Foods Limited

(Registration number: 07325799)
Balance Sheet
31 July 2025

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

These financial statements have been prepared in accordance with the special provisions relating to companies subject to the small companies regime within Part 15 of the Companies Act 2006.

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 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 12 March 2026

......................................... J K MacFarlane Director

J.K.M. Foods Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

1 | General information

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

The address of its registered office is:
Cooper House
Lower Charlton Estate
Shepton Mallet
Somerset
BA4 5QE

These financial statements were authorised for issue by the director on 12 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).

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.

Going concern

The financial statements have been prepared on a going concern basis due to the ongoing support of the director.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of value added tax.
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.

J.K.M. Foods Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.
Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

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
Plant & machinery | 25% on a straight line basis
Office equipment | 25% on a straight line basis

Trade debtors

Trade debtors are amounts due from customers for merchandise sold in the ordinary course of business.
Trade debtors are recognised initially at the transaction price.

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 inventories 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.

J.K.M. Foods Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable 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.

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 2 (2024 - 2).

J.K.M. Foods Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

4 | Tangible assets

| Fixtures and fittings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 August 2024 | 1,404 | 10,637 | 12,041
Additions | - | 140 | 140
Disposals | (1,279) | (322) | (1,601)
At 31 July 2025 | 125 | 10,455 | 10,580
Depreciation
At 1 August 2024 | 1,380 | 3,414 | 4,794
Charge for the year | 6 | 2,616 | 2,622
Eliminated on disposal | (1,279) | (321) | (1,600)
At 31 July 2025 | 107 | 5,709 | 5,816
Carrying amount
At 31 July 2025 | 18 | 4,746 | 4,764
At 31 July 2024 | 24 | 7,223 | 7,247

5 | Stocks

| 2025 £ | 2024 £
Other inventories | 26,566 | 20,153

6 | Debtors

| 2025 £ | 2024 £
Trade debtors | 28,395 | 33,595
Other debtors | - | 226
| 28,395 | 33,821

J.K.M. Foods Limited

Notes to the Unaudited Financial Statements
Year Ended 31 July 2025

7 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Loans and borrowings |  | 1,211 | 1,278
Trade creditors |  | 9,302 | 24,715
Taxation and social security |  | 1,845 | -
Accruals and deferred income |  | 1,682 | 2,276
Other creditors |  | 59,352 | 62,415
|  | 73,392 | 90,684

Creditors: amounts falling due after more than one year

| Note | 2025 £ | 2024 £
Due after one year |  |  |
Loans and borrowings |  | 661 | 1,805

8 | Financial commitments, guarantees and contingencies

Amounts not provided for in the balance sheet

The total amount of financial commitments not included in the balance sheet is £7,164 (2024 - £Nil).