REGISTERED NUMBER: 06023292 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST AUGUST 2025

FOR

THE EAGLE AT BARROW LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

K Berkins

Mrs K A Beaumont

SECRETARY:

Mrs K A Beaumont

REGISTERED OFFICE:

Fence Gate

Wheatley Lane Road

Fence

Nr Burnley

Lancashire

BB12 9EE

REGISTERED NUMBER:

06023292 (England and Wales)

AUDITORS:

Ainsworths Limited

Chartered Accountants

and Statutory Auditors

Charter House

Stansfield Street

Nelson

Lancashire

BB9 9XY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

89,091

99,059

89,091

99,059

CURRENT ASSETS

Stocks

23,575

23,499

Debtors

6

749,748

782,515

Cash at bank and in hand

19,855

10,688

793,178

816,702

CREDITORS

Amounts falling due within one year

7

335,596

322,730

NET CURRENT ASSETS

457,582

493,972

TOTAL ASSETS LESS CURRENT LIABILITIES

546,673

593,031

CREDITORS

Amounts falling due after more than one year

8

(708,953

)

(802,040

)

PROVISIONS FOR LIABILITIES

(17,013

)

(18,362

)

NET LIABILITIES

(179,293

)

(227,371

)

CAPITAL AND RESERVES

Called up share capital

1

1

Retained earnings

(179,294

)

(227,372

)

SHAREHOLDERS' FUNDS

(179,293

)

(227,371

)

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 29th May 2026 and were signed on its behalf by:

K Berkins - Director

1.	STATUTORY INFORMATION

The Eagle at Barrow 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.

A fellow subsidiary, Fence Gate Limited, has confirmed that they will provide support for at least 12 months following the approval of these financial statements. If the company were unable to continue to trade, adjustments would have to be made to reduce the value of the assets to their recoverable amounts, to provide for any further liabilities that may arise, and to reclassify fixed assets and any long term liabilities as current assets and liabilities respectively.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

The company's results are included within the consolidated financial statements of its ultimate parent company, Kevin Berkins Quality Meats Limited, whose registered office is Fence Gate, Wheatley Lane Road, Fence, Burnley, Lancashire, BB12 9EE.

Significant judgements and estimates

The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported for assets and liabilities as at the balance sheet date and the amounts reported for revenues and expenses during the year. However, the nature of estimation means that actual outcomes could differ from those estimates. The following estimates have had the most significant effect on amounts recognised in the financial statements:

Valuation of property held on a revaluation basis

Property accounted for on a revaluation basis is valued by an independent valuer and then subsequently reassessed by the directors in future years. In making their assessment the directors use market and performance data available at the year end.

Turnover

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

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have passed 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 entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Goodwill

Goodwill has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

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

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% 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.

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 23 (2024 - 24 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st September 2024

and 31st August 2025

75,000

AMORTISATION

At 1st September 2024

and 31st August 2025

75,000

NET BOOK VALUE

At 31st August 2025

-

At 31st August 2024

-

5.	TANGIBLE FIXED ASSETS

Fixtures

Plant and

and

Motor

machinery

fittings

vehicles

Totals

£

£

£

£

COST

At 1st September 2024

376,775

723,237

16,529

1,116,541

Additions

-

5,906

-

5,906

At 31st August 2025

376,775

729,143

16,529

1,122,447

DEPRECIATION

At 1st September 2024

326,906

679,640

10,936

1,017,482

Charge for year

7,481

6,995

1,398

15,874

At 31st August 2025

334,387

686,635

12,334

1,033,356

NET BOOK VALUE

At 31st August 2025

42,388

42,508

4,195

89,091

At 31st August 2024

49,869

43,597

5,593

99,059

6.

DEBTORS

31.8.25

31.8.24

£

£

Amounts falling due within one year:

Trade debtors

75

-

Other debtors

46,529

970

46,604

970

31.8.25

31.8.24

£

£

Amounts falling due after more than one year:

Amounts owed by group undertakings

703,144

781,545

Aggregate amounts

749,748

782,515

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans and overdrafts

82,742

64,397

Trade creditors

69,884

74,036

Taxation and social security

71,527

62,472

Other creditors

111,443

121,825

335,596

322,730

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.8.25

31.8.24

£

£

Bank loans

708,953

802,040

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.8.25

31.8.24

£

£

Bank overdraft

-

13

Bank loans

791,695

866,424

791,695

866,437

The bank loans are secured by both debenture and cross guarantee as detailed in note 11.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Michael Heys (Senior Statutory Auditor)

for and on behalf of Ainsworths Limited

11.	CONTINGENT LIABILITIES

The Eagle at Barrow Limited, its parent undertaking Kevin Berkins Quality Meats Limited and its associated undertakings Fence Gate Limited, Fence Gate Lodge Limited and Michelle.B Limited have guaranteed each others liabilities to the bank. The aggregate amount of net bank borrowings outstanding at 31st August 2025 was £1,611,637 (2024: £2,060,666). The security given by The Eagle at Barrow Limited consists of a floating charge over all the assets of the company.