Registration number: 07747597

The Chesil Smokery Ltd

Contents

Company Information	1
Abridged Balance Sheet	2 to 3
Notes to the Unaudited Abridged Financial Statements	4 to 9

The Chesil Smokery Ltd

Company Information

Directors

Mr Mark Boswell Firth Mrs Fiona Deidre Firth

Registered office

Mey House Bridport Road Poundbury Dorset DT1 3QY

Accountants

Spirare Limited Chartered Certified AccountantsMey House Bridport Road Poundbury Dorset DT1 3QY

The Chesil Smokery Ltd

(Registration number: 07747597)
Abridged Balance Sheet as at 31 August 2025

	Note	2025 £	2024 £
Fixed assets
Intangible assets	4	8,859	11,812
Tangible assets	5	10,182	14,649
		19,041	26,461
Current assets
Stocks	6	34,501	22,807
Debtors		28,273	40,161
Cash at bank and in hand		1,820	4,038
		64,594	67,006
Creditors: Amounts falling due within one year		(116,674)	(111,803)
Net current liabilities		(52,080)	(44,797)
Total assets less current liabilities		(33,039)	(18,336)
Creditors: Amounts falling due after more than one year		(534,658)	(537,459)
Accruals and deferred income		(2,200)	(1,400)
Net liabilities		(569,897)	(557,195)
Capital and reserves
Called up share capital	7	215	215
Share premium reserve		79,885	79,885
Retained earnings		(649,997)	(637,295)
Shareholders' deficit		(569,897)	(557,195)

For the financial year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

•	The members have not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

All of the company’s members have consented to the preparation of an Abridged Balance Sheet in accordance with Section 444(2A) of the Companies Act 2006.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 29 May 2026 and signed on its behalf by:
 

The Chesil Smokery Ltd

(Registration number: 07747597)
Abridged Balance Sheet as at 31 August 2025

......................................... Mr Mark Boswell Firth Director

......................................... Mrs Fiona Deidre Firth Director

The Chesil Smokery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

1	General information

The company is a private company limited by share capital, incorporated in UK.

The address of its registered office is:
Mey House
Bridport Road
Poundbury
Dorset
DT1 3QY

The principal place of business is:
The Old Laundry
Sea Road North
Bridport
Dorset
DT6 3BD

These financial statements were authorised for issue by the Board on 29 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These abridged financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These abridged financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The financial statements have been prepared on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

The Chesil Smokery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

Tangible assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant and machinery	20% straight line
Fixtures and fittings	20% straight line

Amortisation

Amortisation is provided on intangible assets so as to write off the cost, less any estimated residual value, over their useful life as follows:

Asset class	Amortisation method and rate
Development costs	25% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for goods sold performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

The Chesil Smokery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 7 (2024 - 7).

The Chesil Smokery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

4	Intangible assets

	Total £
Cost or valuation
At 1 September 2024	19,838
At 31 August 2025	19,838
Amortisation
At 1 September 2024	8,026
Amortisation charge	2,953
At 31 August 2025	10,979
Carrying amount
At 31 August 2025	8,859
At 31 August 2024	11,812

5	Tangible assets

	Furniture, fittings and equipment  £	Other tangible assets £	Total £
Cost or valuation
At 1 September 2024	8,970	94,409	103,379
Additions	500	1,290	1,790
At 31 August 2025	9,470	95,699	105,169
Depreciation
At 1 September 2024	8,161	80,569	88,730
Charge for the year	459	5,798	6,257
At 31 August 2025	8,620	86,367	94,987
Carrying amount
At 31 August 2025	850	9,332	10,182
At 31 August 2024	809	13,840	14,649

6

Stocks

	2025 £	2024 £
Other inventories	34,501	22,807

The Chesil Smokery Ltd

Notes to the Unaudited Abridged Financial Statements for the Year Ended 31 August 2025

7	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary of £1 each	215	215	215	215

8	Related party transactions