REGISTERED NUMBER: 07960876 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 July 2025

for

Llaithddu Eggs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Watson

Mrs A G Watson

REGISTERED OFFICE:

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

REGISTERED NUMBER:

07960876 (England and Wales)

ACCOUNTANTS:

Morgan Griffiths LLP

Chartered Accountants

Cross Chambers

9 High Street

Newtown

Powys

SY16 2NY

FIXED ASSETS

Tangible assets

5

3,263,989

3,293,073

CURRENT ASSETS

Stocks

1,531

11,301

Debtors

6

350,366

372,493

Prepayments and accrued income

1,992

2,669

353,889

386,463

CREDITORS

Amounts falling due within one year

7

834,392

794,480

NET CURRENT LIABILITIES

(480,503

)

(408,017

)

TOTAL ASSETS LESS CURRENT LIABILITIES

2,783,486

2,885,056

CREDITORS

Amounts falling due after more than one year

8

(2,445,218

)

(2,577,116

)

PROVISIONS FOR LIABILITIES

(53,774

)

(58,337

)

NET ASSETS

284,494

249,603

CAPITAL AND RESERVES

Called up share capital

2

2

Retained earnings

284,492

249,601

SHAREHOLDERS' FUNDS

284,494

249,603

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 July 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 July 2025 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 15 April 2026 and were signed on its behalf by:

M J Watson - Director

1.	STATUTORY INFORMATION

Llaithddu Eggs Limited 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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.

Land and buildings

-

2% on cost or valuation and 0% on cost or valuation

Plant and machinery etc

-

15% on reducing balance and 10% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 August 2024

3,020,681

758,228

3,778,909

Additions

-

2,050

2,050

At 31 July 2025

3,020,681

760,278

3,780,959

DEPRECIATION

At 1 August 2024

28,649

457,187

485,836

Charge for year

3,581

27,553

31,134

At 31 July 2025

32,230

484,740

516,970

NET BOOK VALUE

At 31 July 2025

2,988,451

275,538

3,263,989

At 31 July 2024

2,992,032

301,041

3,293,073

6.

DEBTORS

31.7.25

31.7.24

£

£

Amounts falling due within one year:

Trade debtors

112,213

106,548

Other debtors

3,552

18,282

115,765

124,830

Amounts falling due after more than one year:

Other debtors

234,601

247,663

Aggregate amounts

350,366

372,493

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans and overdrafts

260,426

412,365

Hire purchase contracts

-

9,091

Trade creditors

34,608

34,105

Taxation and social security

17,480

27,357

Other creditors

521,878

311,562

834,392

794,480

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.7.25

31.7.24

£

£

Bank loans

2,445,218

2,577,116

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,991,336

2,150,733

9.	RELATED PARTY DISCLOSURES

The Company is under the control of Mr M J Watson and Mrs A G Watson both directors of the company.

At the year end the company was owed £180,983 (2024 £194,045) from WEJ Watson an associated partnership.

At the year end the company owed £507,254 (2024 £293,921) to Bryndu Free Range Eggs Limited an associated company.

At the year end the company was owed £53,618 (2024: £53618) from Hillside Holidays Limited an associated company.