Cottage Dessert Products Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: NI642834

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Intangible Assets	4		34,000		46,000
Tangible Assets	5		149,176		9,741

			183,176		55,741
CURRENT ASSETS
Stocks		467,728		410,742
Debtors	6	613,064		298,785
Cash at bank and in hand		3		80

		1,080,795		709,607
Creditors: Amounts Falling Due Within One Year	7	(2,165,641 )		(1,834,838 )

NET CURRENT ASSETS (LIABILITIES)			(1,084,846 )		(1,125,231 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(901,670 )		(1,069,490 )

NET LIABILITIES			(901,670 )		(1,069,490 )

CAPITAL AND RESERVES
Called up share capital	8		4,500		4,500
Profit and Loss Account			(906,170 )		(1,073,990 )

SHAREHOLDERS' FUNDS			(901,670)		(1,069,490)

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Cottage Dessert Products Ltd

Balance Sheet (continued)

As At 31 December 2025

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

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Philip Rex Morrow

Director

22 April 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Cottage Dessert Products Ltd (formerly Cottage Desserts Ltd) is a private company, limited by shares, incorporated in Northern Ireland. The company's registered number is NI642834. The registered office address of the company is Rathdown Road Lissue Industrial Estate, Moira Road, Lisburn, Co. Antrim BT28 2RE. The financial statements have been presented in Pounds Sterling (£) which is also the functional currency of the company.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

Although the company is currently operating at a loss and the balance sheet shows a deficit, the Directors feel that given the continued support of other companies which are under common control, the Company will continue to trade. The Directors have indicated that the support from companies under common control will continue.

2.3. Turnover

Turnover represents the total invoice value, excluding value added tax, of sales made during the year and derives from the provision of goods and services falling within the company's ordinary activities.

2.4. Intangible Fixed Assets and Amortisation - Intellectual Property

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.

Patents and licences are being amortised evenly over their estimated useful life. No amortisation has been provided for in the year of acquisition.

2.5. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Freehold	Not depreciated
Plant & Machinery	20% on cost
Motor Vehicles	20% on cost

2.6. Leasing and Hire Purchase Contracts

Assets acquired under finance leases are capitalised and depreciated over the shorter of the lease term and the expected useful life of the asset. Minimum lease payments are apportioned between the finance charge and the reduction of the outstanding lease liability using the effective interest method. The related obligations, net of future finance charges, are included in creditors.

Rentals payable and receivable under operating leases are charged to the profit and loss account on a straight line basis over the period of the lease.

2.7. Stocks and Work in Progress

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

2.8. 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.

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Cottage Dessert Products Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

2.9. 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.

2.10. Pensions

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. Average Number of Employees

Average number of employees, including directors, during the year was: 52 (2024: 54)

4. Intangible Assets

	Intellectual Property
	£
Cost
As at 1 January 2025	90,000

As at 31 December 2025	90,000

Amortisation
As at 1 January 2025	44,000
Impairment losses	12,000

As at 31 December 2025	56,000

Net Book Value
As at 31 December 2025	34,000

As at 1 January 2025	46,000

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Cottage Dessert Products Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

5. Tangible Assets

	Land & Property
	Freehold	Plant & Machinery	Motor Vehicles	Total
	£	£	£	£
Cost
As at 1 January 2025	-	10,531	-	10,531
Additions	380	134,780	8,000	143,160

As at 31 December 2025	380	145,311	8,000	153,691

Depreciation
As at 1 January 2025	-	790	-	790
Provided during the period	-	3,725	-	3,725

As at 31 December 2025	-	4,515	-	4,515

Net Book Value
As at 31 December 2025	380	140,796	8,000	149,176

As at 1 January 2025	-	9,741	-	9,741

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	151,397	168,198
Other debtors	461,667	130,587

	613,064	298,785

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Trade creditors	463,341	398,803
Bank loans and overdrafts	1,536,391	1,378,354
Other creditors	165,909	57,681

	2,165,641	1,834,838

8. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	4,500	4,500

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Cottage Dessert Products Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

9. Related Party Transactions

	Sales to Related Parties £	Purchases from Related Parties £	Other Services from Related Parties £	Loan Balances owed to/ (by) Cottage Dessert Products Ltd at Year End £	Trade Balances owed to/ (by) Cottage Dessert Products Ltd at Year End £
Transactions with Other Related Parties	4,836,052	641,305	107,624	-	13,272

10. Ultimate Controlling Party

The ultimate controlling party is Mr Philip R Morrow, Director, due to his equity shareholding in the company.

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