REGISTERED NUMBER: 05817493 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 28 AUGUST 2025

FOR

FLAVOURS FOODS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A P Wileman

Mr A Wileman

Mr D P Hattee

Mr R P O'Donnell

Ms O Rusakeviciene

SECRETARY:

Mrs J D O'Donnell

REGISTERED OFFICE:

Unit C

Burton Road Business Park

Monk Bretton

Barnsley

South Yorkshire

S71 5RN

REGISTERED NUMBER:

05817493 (England and Wales)

ACCOUNTANTS:

Xeinadin Barnsley Limited

12 Victoria Road

Barnsley

South Yorkshire

S70 2BB

BANKERS:

Barclays Bank Plc

10 - 18 Queen Street

Barnsley

South Yorkshire

S70 2AJ

FIXED ASSETS

Tangible assets

4

359,116

309,387

CURRENT ASSETS

Stocks

332,405

225,659

Debtors

5

1,882,363

1,313,057

Cash at bank and in hand

887,721

690,571

3,102,489

2,229,287

CREDITORS

Amounts falling due within one year

6

1,309,437

1,123,398

NET CURRENT ASSETS

1,793,052

1,105,889

TOTAL ASSETS LESS CURRENT LIABILITIES

2,152,168

1,415,276

CREDITORS

Amounts falling due after more than one year

7

-

(8,517

)

PROVISIONS FOR LIABILITIES

(182,729

)

(77,317

)

NET ASSETS

1,969,439

1,329,442

CAPITAL AND RESERVES

Called up share capital

10

10

10

Retained earnings

1,969,429

1,329,432

SHAREHOLDERS' FUNDS

1,969,439

1,329,442

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 August 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 27 May 2026 and were signed on its behalf by:

Mr R P O'Donnell - Director

1.	STATUTORY INFORMATION

Flavours Foods 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 financial statements are presented in sterling which is the functional currency of the company and 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.

Significant judgements and estimates

No judgements have been made in the process of applying the below accounting policies that have had the most significant effect on amounts recognised in the financial statements.

There are no key assumptions concerning the future and other key sources of estimation uncertainty at the reporting date that have a significant risk of causing material adjustment to the carrying amounts of assets and liabilities within the next financial year.

Turnover

Turnover is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Turnover from the sale of food products 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 delivery of the goods.

Tangible fixed assets

Tangible fixed assets are stated at cost less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Improvements to property

- 10% on reducing balance

Fixtures and fittings

- 15% on reducing balance

Motor vehicles

- 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, 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.

Financial instruments

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the entity after deducting all of its financial liabilities.

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.

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.

Hire purchase agreements

Assets held under hire purchase agreement are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account on a straight line basis.

Operating lease agreements

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 54 (2024 - 50 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

and

Motor

property

fittings

vehicles

Totals

£

£

£

£

COST

At 29 August 2024

26,725

332,980

273,860

633,565

Additions

15,100

133,430

-

148,530

Disposals

-

-

(51,180

)

(51,180

)

At 28 August 2025

41,825

466,410

222,680

730,915

DEPRECIATION

At 29 August 2024

15,742

200,778

107,658

324,178

Charge for year

2,608

39,887

36,631

79,126

Eliminated on disposal

-

-

(31,505

)

(31,505

)

At 28 August 2025

18,350

240,665

112,784

371,799

NET BOOK VALUE

At 28 August 2025

23,475

225,745

109,896

359,116

At 28 August 2024

10,983

132,202

166,202

309,387

Hire purchase agreements

Included within the net book value of £359,116 is £nil, (2024: £104,715), relating to assets held under hire purchase agreements. The depreciation charged to the financial statements in the year in respect of such assets amounted to £nil, (2024: £32,756).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.8.25

28.8.24

£

£

Trade debtors

1,318,449

1,075,595

Other debtors

-

1,607

Directors' current accounts

465,963

150,402

VAT

97,951

85,453

1,882,363

1,313,057

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28.8.25

28.8.24

£

£

Hire purchase contracts (see note 8)

-

38,118

Trade creditors

823,665

754,988

Corporation tax

314,217

274,513

Social security and other taxes

55,212

45,026

Other creditors

5,208

5,753

Accruals and deferred income

111,135

5,000

1,309,437

1,123,398

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

28.8.25

28.8.24

£

£

Hire purchase contracts (see note 8)

-

8,517

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

28.8.25

28.8.24

£

£

Net obligations repayable:

Within one year

-

38,118

Between one and five years

-

8,517

-

46,635

Non-cancellable

operating leases

28.8.25

28.8.24

£

£

Within one year

24,500

24,500

Between one and five years

98,000

122,500

122,500

147,000

9.	SECURED DEBTS

The following secured debts are included within creditors:

28.8.25

28.8.24

£

£

Hire purchase contracts

-

46,635

Hire purchase liabilities were secured against the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

28.8.25

28.8.24

value:

£

£

10

Ordinary shares

£1

10

10

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 August 2025 and 28 August 2024:

28.8.25

28.8.24

£

£

Mr A Wileman

Balance outstanding at start of year

59,668

9,739

Amounts advanced

248,478

72,429

Amounts repaid

(75,000

)

(22,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

233,146

59,668

Mr A P Wileman

Balance outstanding at start of year

65,251

13,240

Amounts advanced

149,086

164,511

Amounts repaid

(75,000

)

(112,500

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

139,337

65,251

Mr R P O'Donnell

Balance outstanding at start of year

25,483

7,981

Amounts advanced

142,997

62,502

Amounts repaid

(75,000

)

(45,000

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

93,480

25,483

12.	RELATED PARTY DISCLOSURES

Other Related Parties

2025

2024

£

£

Sales

1,069,406

1,088,950

Purchases

9,508

10,853

Amounts due to related parties

(386

)

(1,501

)

Amounts due from related parties

110,841

1,607