Black Mountains Smokery Limited

Registered number

03128086

Unaudited Filleted Accounts

31 January 2026

Black Mountains Smokery Limited
Registered number:		03128086
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	4		20,516			14,719

Current assets
Stocks		64,774			34,431
Debtors	5	31,510			36,848
Cash at bank and in hand		6,573			112,806
		102,857			184,085

Creditors: amounts falling due within one year	6	(77,457)			(44,619)

Net current assets			25,400			139,466

Total assets less current liabilities			45,916			154,185

Creditors: amounts falling due after more than one year	7		-			(5,000)

Provisions for liabilities			(3,311)			(2,172)


Net assets			42,605			147,013

Capital and reserves
Called up share capital			2			2
Profit and loss account			42,603			147,011

Shareholders' funds			42,605			147,013

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Martin Anderson
Director
Approved by the board on 27 April 2026

Black Mountains Smokery Limited
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	Turnover
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Intangible fixed assets
	Intangible fixed assets are measured at cost less accumulative amortisation and any accumulative impairment losses.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Plant and equipment			25% reducing balance
	Motor vehicles			25% reducing balance
	Office equipment			25% reducing balance
	Website development			3 years
	Leasehold improvements			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2026		2025
Number							Number

	Average number of persons employed by the company					10		10


3	Intangible fixed assets							£
	Goodwill:

	Cost
	At 1 February 2025							5,000
	At 31 January 2026							5,000

	Amortisation
	At 1 February 2025							5,000
	At 31 January 2026							5,000

	Net book value
	At 31 January 2026							-

	Goodwill is being written off in equal annual instalments over its estimated economic life of 5 years.


4	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 February 2025	20,556		134,318		-		154,874
	Additions	-		633		13,025		13,658
	At 31 January 2026	20,556		134,951		13,025		168,532

	Depreciation
	At 1 February 2025	17,480		122,675		-		140,155
	Charge for the year	1,538		3,067		3,256		7,861
	At 31 January 2026	19,018		125,742		3,256		148,016

	Net book value
	At 31 January 2026	1,538		9,209		9,769		20,516
	At 31 January 2025	3,076		11,643		-		14,719


5	Debtors					2026		2025
£							£

	Trade debtors					8,821		25,553
	Customs & Excise (debit balances)					10,821		9,697
	Corporation Tax Debtor					9,428		-
	Other debtors					2,440		1,598
						31,510		36,848


6	Creditors: amounts falling due within one year					2026		2025
£							£

	Bank loans and overdrafts					-		10,021
	Trade creditors					10,573		17,074
	Taxation and social security costs					-		11,478
	Other creditors					66,884		6,046
						77,457		44,619


7	Creditors: amounts falling due after one year					2026		2025
£							£

	Bank loans					-		5,000


8	Related party transactions

	None noted that were not at market rate.


9	Transactions with directors

	During the year the directors used a current account with the company to record amounts due to them and amounts drawn by them. The amount owed to Mr Jonathan Carthew and Mrs Joanna Carthew, and included in other creditors as at 31 January 2026 was £10,318.89 (2025: £3,938.90). The amount owed to Mr Martin Anderson and included in other creditors as at 31 January 2026 was £50,235.46. The amount is repayable on demand and carries interest.


10	Controlling party

	Mr Simon Anderson owns 100% of the share capital of the company and is also a director of the company. Therefore he is the controlling party of Black Mountains Smokery Limited.


11	Other information

	Black Mountains Smokery Limited is a private company limited by shares and incorporated in England. Its registered office is:
	Longhouse Farm
	Penrhos
	Raglan
	Monmouthshire
	NP15 2DE