Holmes Halls (Processors) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 04206555 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

HOLMES HALLS (PROCESSORS) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

H Johnson

S Breen

P M Walsh

B Finco

REGISTERED OFFICE:

Sculcoates Tannery

Sculcoates

Hull

East Yorkshire

HU5 1RL

REGISTERED NUMBER:

04206555 (England and Wales)

AUDITORS:

BK Plus Audit Limited

Sterling House

501 Middleton Road

Oldham

OL9 9LY

FIXED ASSETS

Tangible assets

4

6,138,577

6,157,952

CURRENT ASSETS

Stocks

738,034

654,541

Debtors

5

1,254,141

1,650,778

Cash at bank and in hand

320,582

409,385

2,312,757

2,714,704

CREDITORS

Amounts falling due within one year

6

(979,375

)

(1,007,377

)

NET CURRENT ASSETS

1,333,382

1,707,327

TOTAL ASSETS LESS CURRENT
LIABILITIES

7,471,959

7,865,279

CREDITORS

Amounts falling due after more than
one year

7

(3,765,004

)

(4,181,528

)

NET ASSETS

3,706,955

3,683,751

CAPITAL AND RESERVES

Called up share capital

10

2,500,000

Share premium

250,000

Capital redemption reserve

100,000

Fair value reserve

11

649,031

Retained earnings

207,924

184,720

SHAREHOLDERS' FUNDS

3,706,955

3,683,751

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 9 April 2026 and were signed on its behalf by:

H Johnson - Director

1.	STATUTORY INFORMATION

Holmes Halls (Processors) 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.

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

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

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 as modified by the revaluation of certain assets.

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.

Land and buildings

-

2% on cost

Plant and machinery etc

-

25% on cost and 10% on cost

Land and buildings were valued on 16 November 2022. The valuation was undertaken by Scotts Property LLP Chartered Surveyors at market value.

STOCKS

Stocks are valued at the lower of average cost and estimated net realisable value. Cost comprises direct materials and labour costs together with the relevant factory overheads on the basis of normal activity levels.

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.

FOREIGN CURRENCIES

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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 contributes to personal pension schemes individual to the employees and the pension charge represents the amount payable by the company to these schemes in respect of the year. Pension contributions outstanding at the year end were £nil (2023 - £nil).

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 49 (2024 - 49 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

COST OR VALUATION

At 1 January 2025

1,879,917

7,571,349

9,451,266

Additions

-

529,341

At 31 December 2025

1,879,917

8,100,690

9,980,607

DEPRECIATION

At 1 January 2025

39,334

3,253,980

3,293,314

Charge for year

19,961

528,755

548,716

At 31 December 2025

59,295

3,782,735

3,842,030

NET BOOK VALUE

At 31 December 2025

1,820,622

4,317,955

6,138,577

At 31 December 2024

1,840,583

4,317,369

6,157,952

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2022

1,703,570

-

1,703,570

Valuation in 2023

176,347

7,202,359

7,378,706

Valuation in 2024

-

368,990

Valuation in 2025

-

529,341

1,879,917

8,100,690

9,980,607

If Freehold Property had not been revalued it would have been included at the following historical cost:

2025

2024

£

Cost

1,155,489

Aggregate depreciation

121,466

Value of land in freehold land and buildings

1,046,066

Freehold property was valued on an open market basis on 16 November 2022 by Scotts Property LLP .

The net book value of assets held under Hire Purchase contracts was £41,877 (2024 - £55,358).

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

582,225

800,491

Other debtors

671,916

850,287

1,254,141

1,650,778

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 8)

16,313

Trade creditors

451,729

688,557

Taxation and social security

175,282

146,618

Other creditors

336,051

155,889

979,375

1,007,377

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Hire purchase contracts (see note 8)

16,344

32,868

Other creditors

3,748,660

4,148,660

3,765,004

4,181,528

8.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

Net obligations repayable:

Within one year

16,313

Between one and five years

16,344

32,868

32,657

49,181

Non-cancellable

operating leases

2025

2024

£

Within one year

56,391

Between one and five years

10,612

67,003

123,394

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

Hire purchase contracts

32,657

49,181

Hire purchase creditors of £32,657 (2024 - £49,181) are secured by the assets to which they relate.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

2,500,000

Ordinary

1

2,500,000

11.

RESERVES

Fair

value

reserve

£

At 1 January 2025

and 31 December 2025

649,031

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

The Report of the Auditors was unqualified.

Dominic Huxley ACA (Senior Statutory Auditor)

for and on behalf of BK Plus Audit Limited

13.	CAPITAL COMMITMENTS

2025

2024

£

Contracted but not provided for in the

financial statements

530,000

170,000

14.	RELATED PARTY DISCLOSURES

Included in trade debtors and trade creditors are the following related party balances detailed together with associated sales and purchase transactions.

Year ended 31 December 2025

Sales

Debtors

Purchases

Creditor

Adelaide Finco (UK) Limited

3,128,679

-

3,215

-

Dunbia (UK)

3,699,718

298,535

10,267

2,136,000

Finco 1865 SPA

-

38,400

1,612,660

Year ended 31 December 2024

Adelaide Finco (UK) Limited

5,695,738

353,845

24,797

324

Dunbia (UK)

2,741,970

400,729

49,316

2,376,000

Finco 1865 SPA

-

45,781

1,772,660

The director, Howard Johnson, is also a director of Adelaide Finco (UK) Limited and the director, Sean Breen is also a director of Dunbia (UK).

15.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Dawn Holdings Limited.