STARLYNE FEEDS LIMITED

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 01265005

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		243,858		232,317
Investments	5		223,250		223,250

			467,108		455,567
CURRENT ASSETS
Stocks	6	121,204		120,534
Debtors	7	168,761		194,572
Cash at bank and in hand		855		1,179

		290,820		316,285
Creditors: Amounts Falling Due Within One Year	8	(494,587 )		(508,541 )

NET CURRENT ASSETS (LIABILITIES)			(203,767 )		(192,256 )

TOTAL ASSETS LESS CURRENT LIABILITIES			263,341		263,311

Creditors: Amounts Falling Due After More Than One Year	9		(19,507 )		(3,379 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(11,865 )		(13,562 )

NET ASSETS			231,969		246,370

CAPITAL AND RESERVES
Called up share capital	11		20,000		20,000
Revaluation reserve	12		149,326		149,326
Profit and Loss Account			62,643		77,044

SHAREHOLDERS' FUNDS			231,969		246,370

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STARLYNE FEEDS LIMITED

Balance Sheet (continued)

As At 30 September 2025

For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr J C Nevett

Director

14 May 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

STARLYNE FEEDS LIMITED is a private company, limited by shares, incorporated in England & Wales, registered number 01265005 . The registered office is 3 Irthlingborough Road, Finedon, Wellingborough Northamptonshire, NN9 5EH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	straight line 2%
Motor Vehicles	reducing balance 25%
Fixtures & Fittings	reducing balance 15%
Computer Equipment	reducing balance 15%

2.4. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.5. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

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STARLYNE FEEDS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

2.6. Taxation

Income tax expense represents the sum of the tax currently payable and deferred tax.

The tax currently payable is based on taxable profit for the year. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. The carrying amount of deferred tax assets is reviewed at the end of each reporting period.

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 9 (2024: 12)

4. Tangible Assets

	Land & Property
	Freehold	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 October 2024	200,000	156,002	65,248	55,036	476,286
Additions	-	55,495	-	520	56,015
Disposals	-	(76,609 )	-	-	(76,609 )

As at 30 September 2025	200,000	134,888	65,248	55,556	455,692

Depreciation
As at 1 October 2024	32,000	102,382	63,877	45,710	243,969
Provided during the period	4,000	19,730	206	1,427	25,363
Disposals	-	(57,498 )	-	-	(57,498 )

As at 30 September 2025	36,000	64,614	64,083	47,137	211,834

Net Book Value
As at 30 September 2025	164,000	70,274	1,165	8,419	243,858

As at 1 October 2024	168,000	53,620	1,371	9,326	232,317

Included above are assets held under finance leases or hire purchase contracts with a net book value as follows:

	2025	2024
	£	£
Motor Vehicles	50,638	43,512

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STARLYNE FEEDS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

5. Investments

	Other
	£
Cost or Valuation
As at 1 October 2024	423,250

As at 30 September 2025	423,250

Provision
As at 1 October 2024	200,000

As at 30 September 2025	200,000

Net Book Value
As at 30 September 2025	223,250

As at 1 October 2024	223,250

The investment held in shares of group companies relates to Findstock Ltd and Macmin Ltd. Both are unquoted companies. The net book value of the investments are £50,000 and £173,250 respectively. The value of the net shareholders funds of Findstock Ltd at 30th September 2025 is £50,021 and for Macmin Ltd at 30th September 2025 is £150,927

6. Stocks

	2025	2024
	£	£
Stock	121,204	120,534

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	162,836	189,350
Other debtors	5,925	5,222

	168,761	194,572

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	17,761	8,356
Trade creditors	117,414	121,208
Bank loans and overdrafts	76,288	64,294
Amounts owed to group undertakings	211,106	285,107
Other creditors	47,328	9,369
Taxation and social security	24,690	20,207

	494,587	508,541

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	19,507	3,379

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STARLYNE FEEDS LIMITED

Notes to the Financial Statements (continued)

For The Year Ended 30 September 2025

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	17,761	8,356
Later than one year and not later than five years	19,507	3,379

	37,268	11,735

	37,268	11,735

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	20,000	20,000

12. Reserves

	Revaluation reserve	Profit and Loss Account
	£	£
As at 1 October 2024	149,326	77,044
Profit for the year and total comprehensive income	-	51,599

Dividends paid	-	(66,000)

As at 30 September 2025	149,326	62,643

13. Related Party Transactions

Starlyne Feeds Ltd purchased goods and services from Findstock Ltd totalling £22,418 (2024-£22,109) and sold goods and services to Findstock Ltd totalling £6,152 (2024-£1,914).

All above transactions were at arm’s length.

Findstock Ltd is wholly owned subsidiary of Starlyne Feeds Ltd and at 30th September 2025 there was an outstanding loan due to Findstock Ltd of £20,626 (2024-£37,386). This loan was interest free with no fixed repayment date.

Starlyne Feeds Ltd purchased goods and services from Macmin Ltd totalling £15,574 (2024-£5,675) and sold goods and services to Findstock Ltd totalling £96,193 (2024-£78,707).

All above transactions were at arm’s length.

Macmin Ltd is wholly owned subsidiary of Starlyne Feeds Ltd and at 30th September 2025 there was an outstanding loan due to Macmin Ltd of £190,480 (2024-£175,600). This loan was interest free with no fixed repayment date.

14. Ultimate Controlling Party

The company's ultimate controlling party is Starlyne Feeds Ltd by virtue of his ownership of 100% of the issued share capital in the company.

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