REGISTERED NUMBER: 07063450 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Gales Farm Meats Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A G Gale Esq

REGISTERED OFFICE:

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

REGISTERED NUMBER:

07063450 (England and Wales)

ACCOUNTANTS:

Dolman's Chartered Accountants

The Mews

Hounds Road

Chipping Sodbury

Bristol

BS37 6EE

FIXED ASSETS

Tangible assets

4

4,147

8,984

CURRENT ASSETS

Stocks

6,741

8,033

Debtors

5

13,351

15,514

Cash at bank and in hand

102,218

271,188

122,310

294,735

CREDITORS

Amounts falling due within one year

6

60,321

81,689

NET CURRENT ASSETS

61,989

213,046

TOTAL ASSETS LESS CURRENT LIABILITIES

66,136

222,030

PROVISIONS FOR LIABILITIES

788

1,553

NET ASSETS

65,348

220,477

CAPITAL AND RESERVES

Called up share capital

1

2

Retained earnings

65,347

220,475

SHAREHOLDERS' FUNDS

65,348

220,477

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 director and authorised for issue on 27 May 2026 and were signed by:

A G Gale Esq - Director

1.	STATUTORY INFORMATION

Gales Farm Meats 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.

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.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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.

Plant and machinery etc

-

25% on reducing balance and 15% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Hire purchase and leasing commitments

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2024 - 7 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

Lease

etc

Totals

£

£

£

COST

At 1 September 2024

4,000

38,233

42,233

Disposals

-

(11,653

)

(11,653

)

At 31 August 2025

4,000

26,580

30,580

DEPRECIATION

At 1 September 2024

4,000

29,249

33,249

Charge for year

-

1,892

1,892

Eliminated on disposal

-

(8,708

)

(8,708

)

At 31 August 2025

4,000

22,433

26,433

NET BOOK VALUE

At 31 August 2025

-

4,147

4,147

At 31 August 2024

-

8,984

8,984

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,136

12,059

Other debtors

2,215

3,455

13,351

15,514

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

22,735

25,919

Taxation and social security

7,693

8,693

Other creditors

29,893

47,077

60,321

81,689

7.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

2025

2024

£

£

A G Gale Esq

Balance outstanding at start of year

22,153

22,153

Amounts advanced

15,919

-

Amounts repaid

(12,352

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

25,720

22,153

S P E Gale Esq

Balance outstanding at start of year

18,842

18,842

Amounts repaid

(18,842

)

-

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

-

18,842

8.	SHARE-BASED PAYMENT TRANSACTIONS

A resolution was passed on 10 February 2025 for the company to purchase 1 ordinary share in the company from Stuart Gale for an agreed sum of £135,276. Stuart Gale ceased to be a director on 10 February 2025.