REGISTERED NUMBER: 00067142 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

THE NATIONAL FEDERATION OF MEAT AND FOOD

TRADERS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

R Douglas

D Gigli

J A Mettrick

C Thomas

REGISTERED OFFICE:

1 Belgrove

Tunbridge Wells

Kent

TN1 1YW

REGISTERED NUMBER:

00067142 (England and Wales)

ACCOUNTANTS:

Wells Associates

Ground Floor Oakhurst House

77 Mount Ephraim

Tunbridge Wells

Kent

TN4 8BS

FIXED ASSETS

Intangible assets

4

3,831

4,413

Tangible assets

5

342,554

346,403

Investments

6

110,018

102,662

456,403

453,478

CURRENT ASSETS

Stocks

650

650

Debtors

7

158,265

178,307

Cash at bank and in hand

79,154

83,340

238,069

262,297

CREDITORS

Amounts falling due within one year

8

(237,653

)

(274,076

)

NET CURRENT ASSETS/(LIABILITIES)

416

(11,779

)

TOTAL ASSETS LESS CURRENT LIABILITIES

456,819

441,699

CREDITORS

Amounts falling due after more than one year

9

(2,502

)

(12,496

)

NET ASSETS

454,317

429,203

RESERVES

Revaluation reserve

10

249,106

249,106

Retained earnings

205,211

180,097

454,317

429,203

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 2 June 2026 and were signed on its behalf by:

D Gigli - Director

1.	STATUTORY INFORMATION

The National Federation of Meat and Food Traders Ltd 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.

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.

Development costs are being amortised evenly over their estimated useful life of ten years.

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 etc

-

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 4 (2024 - 4 ) .

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 1 January 2025

and 31 December 2025

5,820

AMORTISATION

At 1 January 2025

1,407

Charge for year

582

At 31 December 2025

1,989

NET BOOK VALUE

At 31 December 2025

3,831

At 31 December 2024

4,413

5.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 January 2025

424,652

45,886

470,538

Additions

-

681

681

At 31 December 2025

424,652

46,567

471,219

DEPRECIATION

At 1 January 2025

80,000

44,135

124,135

Charge for year

4,000

530

4,530

At 31 December 2025

84,000

44,665

128,665

NET BOOK VALUE

At 31 December 2025

340,652

1,902

342,554

At 31 December 2024

344,652

1,751

346,403

6.	FIXED ASSET INVESTMENTS

Listed investments were valued on 31 December 2025 at their mid market value of £110,018. The original cost of these investments was £76,016. There was an unrealised market value gain of £6,953 (2024: loss of £5,038) in the year and this was recognised in the income statement. The company realised a gain of £403 (2024: £11,469) on the sale of investments during the year.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

147,595

165,273

Accrued income

1,340

-

Prepayments

9,330

13,034

158,265

178,307

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

10,000

10,008

Trade creditors

8,788

8,609

Social security and other taxes

4,692

3,796

VAT

29,494

35,959

Other creditors

1,310

1,290

Subscriptions received in advance

172,883

181,914

Accrued expenses

35

-

Other income received in advance

10,451

32,500

237,653

274,076

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

2,502

12,496

10.

RESERVES

Revaluation

reserve

£

At 1 January 2025

and 31 December 2025

249,106