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

Page

Company Information

1

Report of the Directors

2

Balance Sheet

3

Notes to the Financial Statements

5

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

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

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.

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

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.

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.

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

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

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

-

-