IRIS Accounts Production v26.1.0.640 05040867 Board of Directors Board of Directors 1.1.25 31.12.25 31.12.25 false true false false true false Ordinary 1.00000 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 05040867 2024-12-31 05040867 2025-12-31 05040867 2025-01-01 2025-12-31 05040867 2024-02-29 05040867 2024-03-01 2024-12-31 05040867 2024-12-31 05040867 ns15:EnglandWales 2025-01-01 2025-12-31 05040867 ns14:PoundSterling 2025-01-01 2025-12-31 05040867 ns10:Director1 2025-01-01 2025-12-31 05040867 ns10:Director2 2025-01-01 2025-12-31 05040867 ns10:CompanySecretary1 2025-01-01 2025-12-31 05040867 ns10:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 05040867 ns10:SmallEntities 2025-01-01 2025-12-31 05040867 ns10:AuditExempt-NoAccountantsReport 2025-01-01 2025-12-31 05040867 ns10:SmallCompaniesRegimeForDirectorsReport 2025-01-01 2025-12-31 05040867 ns10:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 05040867 ns10:FullAccounts 2025-01-01 2025-12-31 05040867 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 05040867 1 ns10:OrdinaryShareClass1 2025-01-01 2025-12-31 05040867 ns10:RegisteredOffice 2025-01-01 2025-12-31 05040867 ns5:CurrentFinancialInstruments 2025-12-31 05040867 ns5:CurrentFinancialInstruments 2024-12-31 05040867 ns5:Non-currentFinancialInstruments 2025-12-31 05040867 ns5:Non-currentFinancialInstruments 2024-12-31 05040867 ns5:ShareCapital 2025-12-31 05040867 ns5:ShareCapital 2024-12-31 05040867 ns5:RetainedEarningsAccumulatedLosses 2025-12-31 05040867 ns5:RetainedEarningsAccumulatedLosses 2024-12-31 05040867 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-01-01 2025-12-31 05040867 ns5:PlantMachinery 2025-01-01 2025-12-31 05040867 ns5:FurnitureFittings 2025-01-01 2025-12-31 05040867 ns5:ComputerEquipment 2025-01-01 2025-12-31 05040867 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 05040867 ns5:PlantMachinery 2024-12-31 05040867 ns5:FurnitureFittings 2024-12-31 05040867 ns5:ComputerEquipment 2024-12-31 05040867 ns5:ShortLeaseholdAssets ns5:LandBuildings 2025-12-31 05040867 ns5:PlantMachinery 2025-12-31 05040867 ns5:FurnitureFittings 2025-12-31 05040867 ns5:ComputerEquipment 2025-12-31 05040867 ns5:ShortLeaseholdAssets ns5:LandBuildings 2024-12-31 05040867 ns5:PlantMachinery 2024-12-31 05040867 ns5:FurnitureFittings 2024-12-31 05040867 ns5:ComputerEquipment 2024-12-31 05040867 ns5:LeaseholdImprovements ns5:ShortLeaseholdAssets 2024-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:ComputerEquipment 2024-12-31 05040867 ns5:LeasedAssetsHeldAsLessee 2024-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:ComputerEquipment 2025-12-31 05040867 ns5:LeasedAssetsHeldAsLessee 2025-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-01-01 2025-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:ComputerEquipment 2025-01-01 2025-12-31 05040867 ns5:LeasedAssetsHeldAsLessee 2025-01-01 2025-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-12-31 05040867 ns5:LeasedAssetsHeldAsLessee ns5:ComputerEquipment 2024-12-31 05040867 ns5:LeasedAssetsHeldAsLessee 2024-12-31 05040867 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-12-31 05040867 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-12-31 05040867 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2025-12-31 05040867 ns5:Non-currentFinancialInstruments ns5:BetweenOneTwoYears 2024-12-31 05040867 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-12-31 05040867 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-12-31 05040867 ns10:OrdinaryShareClass1 2025-12-31 05040867 ns10:Director1 1 2024-12-31 05040867 ns10:Director1 1 2024-02-29 05040867 ns10:Director1 1 2025-01-01 2025-12-31 05040867 ns10:Director1 1 2024-03-01 2024-12-31 05040867 ns10:Director1 1 2025-12-31 05040867 ns10:Director1 1 2024-12-31 05040867 2 ns10:Director2 2024-12-31 05040867 2 ns10:Director2 2024-02-29 05040867 2 ns10:Director2 2025-01-01 2025-12-31 05040867 2 ns10:Director2 2024-03-01 2024-12-31 05040867 2 ns10:Director2 2025-12-31 05040867 2 ns10:Director2 2024-12-31

REGISTERED NUMBER: 05040867 (England and Wales)

REPORT OF THE DIRECTORS AND

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

ATKINS AND POTTS LIMITED

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

CONTENTS OF THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2025

Page |

Company Information | 1 |

Report of the Directors | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

ATKINS AND POTTS LIMITED

COMPANY INFORMATION

For The Year Ended 31 December 2025

| DIRECTORS: | Mrs N J Young

| R C Young

| SECRETARY: | Mrs N J Young

| REGISTERED OFFICE: | Unit C Kennetside

| Off Bone Lane

| Newbury

| Berkshire

| RG14 5PX

| REGISTERED NUMBER: | 05040867 (England and Wales)

| ACCOUNTANTS: | Banks & Co Limited

| Chartered Certified Accountants

| 1 Carnegie Road

| Newbury

| Berkshire

| RG14 5DJ

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

REPORT OF THE DIRECTORS

For The Year Ended 31 December 2025

The directors present their report with the financial statements of the company for the year ended 31 December 2025.

PRINCIPAL ACTIVITY

The principal activity of the company in the year under review was that of food manufacturing and distribution.

REVIEW OF BUSINESS

Over the past two years, we have successfully established operations at our new factory, achieving AA-grade BRC certification for food safety and quality. This period has been marked by like-for-like consistent revenue growth, profitability, and a return to positive net worth by the end of 2025.

Our customer base continues to strengthen, with both existing and new clients aligned to fast-growing segments in natural, healthy, and premium food products. To support this momentum, we are investing in a stronger operational, technical, and quality team.

With a clear focus on premium natural ambient foods, combined with a modern facility designed for scalable growth, we are well positioned to deliver strong performance and capitalize on future opportunities.

DIRECTORS

The directors shown below have held office during the whole of the period from 1 January 2025 to the date of this report.

Mrs N J Young

R C Young

This report has been prepared in accordance with the provisions of Part 15 of the Companies Act 2006 relating to small companies.

ON BEHALF OF THE BOARD:

Mrs N J Young - Secretary

5 May 2026

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

BALANCE SHEET

31 December 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 768,016 |  | 782,242 |  |

CURRENT ASSETS

Stocks | 1,171,492 |  | 1,051,371 |  |

Debtors | 5 | 853,336 |  | 904,546 |  |

Cash at bank | 72,272 |  | 2,486 |  |

2,097,100 |  | 1,958,403 |  |

CREDITORS

Amounts falling due within one year | 6 | 1,861,321 |  | 2,267,074 |  |

NET CURRENT ASSETS/(LIABILITIES) | 235,779 |  | (308,671 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 1,003,795 |  | 473,571 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (833,176 | ) | (1,053,647 | ) |

PROVISIONS FOR LIABILITIES | (72,205 | ) | (68,631 | ) |

NET ASSETS/(LIABILITIES) | 98,414 |  | (648,707 | ) |

CAPITAL AND RESERVES

Called up share capital | 9 | 912,000 |  | 452,000 |  |

Retained earnings | (813,586 | ) | (1,100,707 | ) |

SHAREHOLDERS' FUNDS | 98,414 |  | (648,707 | ) |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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.

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

BALANCE SHEET - continued

31 December 2025

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 5 May 2026 and were signed on its behalf by:

Mrs N J Young - Director

R C Young - Director

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

NOTES TO THE FINANCIAL STATEMENTS

For The Year Ended 31 December 2025

1. | STATUTORY INFORMATION

| Atkins and Potts Limited is a private company, limited by shares, registered in England and Wales. The company's registered number is 05040867 and its registered office address is Unit C Kennetside, Off Bone Lane, Newbury, Berkshire, RG14 5PX.

| The presentation currency of the financial statements is the Pound Sterling (£) rounded to the nearest pound.

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| 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. The financial statements have been prepared under the historical cost convention.

| The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

| Turnover

| Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts. The policies adopted for the recognition of turnover are as follows:

| Sale of goods

| Turnover from the sale of finished goods is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company and the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually on dispatch of the goods.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Short leasehold | - | 20% on cost and Straight line over 10 years

| Plant and machinery | - | 25% on reducing balance

| Fixtures and fittings | - | 25% on reducing balance

| Computer equipment | - | 25% on reducing balance

| Stocks

| Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase of raw materials and packaging, costs of conversion and other costs incurred in bringing stock to its present location and condition. Cost is calculated using the first-in, first-out formula. Provision is made for damaged, obsolete and slow-moving stock where appropriate.

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in administrative expenses.

| Loans and borrowings

| Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment.

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| Research and development

| Expenditure on research and development is written off in the year in which it is incurred. Income received from Research and Development tax credit applications is accounted for on a receipts basis.

| Foreign currencies

| Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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.

| Going concern

| The company obtains it's day to day working capital from the bank facility, with long term funding being provided by third party institutions. In addition to this the directors have invested in the company and also support the working capital as required. The directors have confirmed that they will only seek repayment of the loan shown as due after more than one year, when the working capital position of the company allows.

| On this basis the accounts have been prepared on the going concern basis.

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 62 (2024 - 63 ) .

4. | TANGIBLE FIXED ASSETS

| Fixtures |

| Short |  | Plant and |  | and |  | Computer |

| leasehold |  | machinery |  | fittings |  | equipment |  | Totals

£ | £ | £ | £ | £ |

| COST

| At 1 January 2025 | 803,112 |  | 1,208,246 |  | 22,418 |  | 47,853 |  | 2,081,629 |  |

| Additions | 31,589 |  | 88,396 |  | - |  | 4,507 |  | 124,492 |  |

| At 31 December 2025 | 834,701 |  | 1,296,642 |  | 22,418 |  | 52,360 |  | 2,206,121 |  |

| DEPRECIATION

| At 1 January 2025 | 299,153 |  | 952,506 |  | 16,486 |  | 31,242 |  | 1,299,387 |  |

| Charge for year | 59,437 |  | 72,522 |  | 1,483 |  | 5,276 |  | 138,718 |  |

| At 31 December 2025 | 358,590 |  | 1,025,028 |  | 17,969 |  | 36,518 |  | 1,438,105 |  |

| NET BOOK VALUE

| At 31 December 2025 | 476,111 |  | 271,614 |  | 4,449 |  | 15,842 |  | 768,016 |  |

| At 31 December 2024 | 503,959 |  | 255,740 |  | 5,932 |  | 16,611 |  | 782,242 |  |

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Short |  | Plant and |  | Computer |

| leasehold |  | machinery |  | equipment |  | Totals

£ | £ | £ | £ |

| COST

| At 1 January 2025 | 177,694 |  | 171,150 |  | 20,616 |  | 369,460 |  |

| Transfer to ownership | - |  | (43,551 | ) | - |  | (43,551 | ) |

| At 31 December 2025 | 177,694 |  | 127,599 |  | 20,616 |  | 325,909 |  |

| DEPRECIATION

| At 1 January 2025 | 17,769 |  | 74,844 |  | 9,449 |  | 102,062 |  |

| Charge for year | 17,770 |  | 21,966 |  | 2,791 |  | 42,527 |  |

| Transfer to ownership | - |  | (30,471 | ) | - |  | (30,471 | ) |

| At 31 December 2025 | 35,539 |  | 66,339 |  | 12,240 |  | 114,118 |  |

| NET BOOK VALUE

| At 31 December 2025 | 142,155 |  | 61,260 |  | 8,376 |  | 211,791 |  |

| At 31 December 2024 | 159,925 |  | 96,306 |  | 11,167 |  | 267,398 |  |

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 616,044 |  | 614,173 |  |

| Other debtors | 57,342 |  | 95,814 |  |

| VAT | 96,225 |  | 104,940 |  |

| Prepayments | 83,725 |  | 89,619 |  |

853,336 |  | 904,546 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 549,949 |  | 533,992 |  |

| Other loans | 264,788 |  | 415,908 |  |

| Hire purchase contracts | 62,849 |  | 97,407 |  |

| Trade creditors | 675,505 |  | 569,055 |  |

| Social security and other taxes | 76,453 |  | 176,979 |  |

| Other creditors | 5,498 |  | 5,948 |  |

| Accruals and deferred income | - |  | 241,025 |  |

| Accrued expenses | 226,279 |  | 226,760 |  |

1,861,321 |  | 2,267,074 |  |

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Other loans - 1-2 years | 273,426 |  | 213,861 |  |

| Other loans - 2-5 years | 355,763 |  | 453,087 |  |

| Hire purchase contracts | 57,603 |  | 121,615 |  |

| Directors current account NY | 73,192 |  | 132,542 |  |

| Directors current account RY | 73,192 |  | 132,542 |  |

833,176 |  | 1,053,647 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Commercial finance | 549,949 |  | 533,992 |  |

| E-Capital Commercial Finance Ltd has registered a fixed and floating charge covering all the property or undertaking of the company.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 912,000 | Ordinary | £1 | 912,000 |  | 452,000 |  |

ATKINS AND POTTS LIMITED (REGISTERED NUMBER: 05040867)

NOTES TO THE FINANCIAL STATEMENTS - continued

For The Year Ended 31 December 2025

9. | CALLED UP SHARE CAPITAL - continued

| 460,000 Ordinary shares of £1 were issued during the year for cash of £ 460,000 .

10. | PENSION COMMITMENTS

| The company operates a defined contribution pension scheme for the directors and employees. The assets of the scheme are held separately from those of the company in an independently administered fund. At the balance sheet date, included within other creditors, unpaid contributions of £5,498 (2024 - £5,918) were due to the fund.

11. | OTHER FINANCIAL COMMITMENTS

| At 31 December 2025, the company had total commitments under non-cancellable operating leases which are not included in the balance sheet of £925,387 (2024 £1,105,663).

12. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the year ended 31 December 2025 and the period ended 31 December 2024:

2025 | 2024 |

£ | £ |

| Mrs N J Young

| Balance outstanding at start of year | - |  | 11,289 |  |

| Amounts repaid | - |  | (11,289 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |

| R C Young

| Balance outstanding at start of year | - |  | 11,289 |  |

| Amounts repaid | - |  | (11,289 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | - |  | - |  |