REGISTERED NUMBER: SC567396 (Scotland)

REPORT OF THE DIRECTORS AND

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

AYRSHIRE FOOD HUB LTD

Page

Company Information

1

Report of the Directors

2

Report of the Independent Auditors

4

Income Statement

8

Balance Sheet

9

Notes to the Financial Statements

10

DIRECTORS:

M Laidlaw

A S Kerr

A Jeffrey

REGISTERED OFFICE:

Ayrshire Food Hub

Crossroads

Hurlford

Kilmarnock

Ayrshire

KA1 5JQ

REGISTERED NUMBER:

SC567396 (Scotland)

AUDITORS:

Henry Brown & Co

Chartered Accountants & Registered Auditors

26 Portland Road

Kilmarnock

Ayrshire

KA1 2EB

The directors present their report with the financial statements of the company for the year ended 31 August 2025.

CESSATION OF TRADING

Due to rising input costs the directors made the difficult decision to cease the trading activities of Ayrshire Food Hub Ltd on 20 February 2026.

As the trading subsidiary of Crossroads Community Hub Ltd (SC045827), Ayrshire Food Hub was set up with a cafe, retail farm shop, and community activities with profits supporting the charitable objectives of Crossroads Community Hub Ltd.

Eighteen staff were employed by the charity with their services finances by the trading subsidiary. We would also acknowledge the valuable contribution which many volunteers made to the farm shop, cafe and community activities.

DIRECTORS

M Laidlaw has held office during the whole of the period from 1 September 2024 to the date of this report.

Other changes in directors holding office are as follows:

W R Campbell - resigned 16 April 2025

Mrs M M Drummond - resigned 16 May 2025

A S Kerr and A Jeffrey were appointed as directors after 31 August 2025 but prior to the date of this report.

GOING CONCERN

As the company meets day-to-day cashflow requirements through the support of the parent charity Crossroads Community Hub Ltd the directors have a reasonable expectation, as of the date of approving the financial statements, the company will be able to discharge its liabilities are normal however due to the closure of the Hub in February 2026 the directors do not consider it appropriate to adopt going concern as a basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern

STATEMENT OF DIRECTORS' RESPONSIBILITIES

The directors are responsible for preparing the Report of the Directors and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period. In preparing these financial statements, the directors are required to:

-	select suitable accounting policies and then apply them consistently;

-	make judgements and accounting estimates that are reasonable and prudent;

-	prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company's transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

STATEMENT AS TO DISCLOSURE OF INFORMATION TO AUDITORS

So far as the directors are aware, there is no relevant audit information (as defined by Section 418 of the Companies Act 2006) of which the company's auditors are unaware, and each director has taken all the steps that he or she ought to have taken as a director in order to make himself or herself aware of any relevant audit information and to establish that the company's auditors are aware of that information.

AUDITORS

The auditors, Henry Brown & Co, will be proposed for re-appointment at the forthcoming Annual General Meeting.

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:

M Laidlaw - Director

27 May 2026

Opinion

We have audited the financial statements of Ayrshire Food Hub Ltd (the 'company') for the year ended 31 August 2025 which comprise the Income Statement, Balance Sheet and Notes to the Financial Statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland' (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

-	give a true and fair view of the state of the company's affairs as at 31 August 2025 and of its profit for the year then ended;

-	have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

-	have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditors' responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC's Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

We draw attention to the note in the report of directors and in the notes to the financial statements, which explains that the company ceased trading in February 2026 and therefore do not consider it to be appropriate to adopt the going concern basis of accounting in preparing the financial statements. Accordingly the financial statements have been prepared on a basis other than going concern as described in the note. Our opinion is not modified in respect of this matter.

Other information

The directors are responsible for the other information. The other information comprises the information in the Report of the Directors, but does not include the financial statements and our Report of the Auditors thereon.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

In connection with our audit of the financial statements, our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

-	the information given in the Report of the Directors for the financial year for which the financial statements are prepared is consistent with the financial statements; and

-	the Report of the Directors has been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identified material misstatements in the Report of the Directors.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

-	adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

-	the financial statements are not in agreement with the accounting records and returns; or

-	certain disclosures of directors' remuneration specified by law are not made; or

-	we have not received all the information and explanations we require for our audit; or

-	the directors were not entitled to prepare the financial statements in accordance with the small companies regime and take advantage of the small companies' exemption from the requirement to prepare a Strategic Report or in preparing the Report of the Directors.

Responsibilities of directors

As explained more fully in the Statement of Directors' Responsibilities set out on page two, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

Auditors' responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue a Report of the Auditors that includes our opinion. Reasonable assurance is a high level of assurance, but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud is detailed below:

In identifying and assessing risks of material misstatement in respect to irregularities, including fraud and non-compliance with laws & regulations, we considered the following:

-Enquiries of management, including obtaining and reviewing supporting documentation, concerning the Company's policies and procedures relating to:

- identifying, evaluating and complying with laws and regulations.

- whether they were aware of any instances of non-compliance.

As with all audits performed under ISAs (UK), performance of procedures to respond to the risk of the management override of controls We obtained an understanding of the legal and regulatory frameworks in which the Company operates, focussing on those laws which had a direct effect on the material balances and disclosures in the Company's financial statements. Key laws & regulations considered in this context are:

- Companies Act 2006

- International Financial Reporting Standards (IFRS) as issued by the International Financial Reporting Standards Board (IASB) and adopted by the European Union.

In addition, we considered other laws & regulations that do not have a direct effect on the financial statements, but compliance is necessary for the continued operations of the Company, or to avoid a material penalty.

Our procedures to respond to the risks identified included the following:

- Reviewing the financial statement disclosures, and testing to supporting documentation.

- Enquiring of management concerning any actual or potential litigation or claims.

- Reviewing minutes of meetings of those charged with governance, and correspondence with HMRC.

In the assessment of the risk of fraud through management override of controls, we have tested the appropriateness of journal entries, assessed whether the judgements made in the Company making accounting estimates are indicative of a potential management bias, and evaluated the business rationale of any significant transactions that are outside the normal course of business.

A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporting Council's website at www.frc.org.uk/auditorsresponsibilities. This description forms part of our Report of the Auditors.

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in a Report of the Auditors and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

Gregor D.B. Orr BAcc (Hons) CA (Senior Statutory Auditor)

for and on behalf of Henry Brown & Co

Chartered Accountants & Registered Auditors

26 Portland Road

Kilmarnock

Ayrshire

KA1 2EB

27 May 2026

TURNOVER

544,064

593,632

Cost of sales

217,716

265,940

GROSS PROFIT

326,348

327,692

Administrative expenses

326,348

327,692

OPERATING PROFIT and

PROFIT BEFORE TAXATION

-

-

Tax on profit

-

-

PROFIT FOR THE FINANCIAL YEAR

-

-

FIXED ASSETS

Tangible assets

5

524

636

CURRENT ASSETS

Stocks

8,509

10,000

Debtors

6

5,340

9,259

Cash at bank and in hand

19,254

32,983

33,103

52,242

CREDITORS

Amounts falling due within one year

7

33,626

52,877

NET CURRENT LIABILITIES

(523

)

(635

)

TOTAL ASSETS LESS CURRENT LIABILITIES

1

1

CAPITAL AND RESERVES

Called up share capital

1

1

1

1

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.

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:

M Laidlaw - Director

1.	STATUTORY INFORMATION

Ayrshire Food Hub Ltd is a private company, limited by shares , registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

The financial statements relate to a single company.

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.

Going Concern

Due to rising input costs the directors made the difficult decision to cease the trading activities of Ayrshire Food Hub Ltd on 20 February 2026.

As the company meets day-to-day cashflow requirements through the support of the parent charity Crossroads Community Hub Ltd the directors have a reasonable expectation, as of the date of approving the financial statements, the company will be able to discharge its liabilities are normal however due to the closure of the Hub in February 2026 the directors do not consider it appropriate to adopt going concern as a basis of accounting in preparing the financial statements. Accordingly, the financial statements have been prepared on a basis other than going concern

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 each asset over its estimated useful life.

Plant and machinery

-

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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 3 ) .

There were no employees in the year, the average number reflects directors only.

4.	OPERATING PROFIT

The operating profit is stated after charging:

2025

2024

£

£

Depreciation - owned assets

112

112

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 September 2024

and 31 August 2025

1,910

DEPRECIATION

At 1 September 2024

1,274

Charge for year

112

At 31 August 2025

1,386

NET BOOK VALUE

At 31 August 2025

524

At 31 August 2024

636

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

1,056

-

Other debtors

4,284

9,259

5,340

9,259

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

10,984

13,675

Taxation and social security

4,366

12,136

Other creditors

18,276

27,066

33,626

52,877

8.	RELATED PARTY DISCLOSURES

The company is a wholly owned subsidiary of Crossroads Community Hub Ltd.

At the balance sheet date the company owed its parent company £16,077 (2024: £23,609).

9.	ULTIMATE CONTROLLING PARTY

The controlling party is Crossroads Community Hub Ltd.