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COMPANY REGISTRATION NUMBER: 08112243

MEATOLOGY LTD

FILLETED UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD ENDED

29 June 2025

MEATOLOGY LTD

BALANCE SHEET

29 June 2025

| 29 Jun 25 | 30 Jun 24
Note | £ | £ | £

Fixed assets

Investments | 5 |  | 2 | 2

Current assets

Stocks | 6 | – |  | 1,357
Debtors | 7 | 9,421 |  | 515
Cash at bank and in hand | 2,786 |  | 7,850
| ------- |  | ------
| 12,207 |  | 9,722

Creditors: amounts falling due within one year | 8 | ( 3,215,195) |  | ( 3,199,244)
| ----------- |  | -----------
Net current liabilities |  | ( 3,202,988) | ( 3,189,522)
|  | ----------- | -----------
Total assets less current liabilities |  | ( 3,202,986) | ( 3,189,520)
|  | ----------- | -----------
Net liabilities |  | ( 3,202,986) | ( 3,189,520)
|  | ----------- | -----------

Capital and reserves

Called up share capital | 9 |  | 87,156 | 87,156
Share premium account |  | 3,744 | 3,744
Profit and loss account |  | ( 3,293,886) | ( 3,280,420)
|  | ----------- | -----------
Shareholders deficit |  | ( 3,202,986) | ( 3,189,520)
|  | ----------- | -----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the profit and loss account has not been delivered.
For the period ending 29 June 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 financial statements for the period in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .
These financial statements were approved by the board of directors and authorised for issue on 10 June 2026 , and are signed on behalf of the board by:

H S Grewal
Director

Company registration number: 08112243

MEATOLOGY LTD

NOTES TO THE FINANCIAL STATEMENTS

PERIOD FROM 1 JULY 2024 TO 29 JUNE 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is 12 North Bar, Banbury, OX16 0TB.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis. The financial statements are prepared in sterling, which is the functional currency of the entity. Monetary amounts in these financial statements are rounded to the nearest pound. 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. Going concern These financial statements have been prepared on a basis other than going concern. The company ceased trading.
Consolidation
The company has taken advantage of the option not to prepare consolidated financial statements contained in Section 398 of the Companies Act 2006 on the basis that the company and its subsidiary undertakings comprise a small group.
Revenue recognition
The turnover shown in the profit and loss account represents amounts for goods sold during the year, exclusive of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Leasehold improvements | - | 10% straight line
| Fixtures and fittings | - | 20% straight line

Investments in subsidiary
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Financial instruments
Basic financial assets, which include loans to related parties and other receivables and cash and bank balances, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Such assets are subsequently carried at amortised cost using the effective interest method. At the end of each reporting period financial assets measured at amortised cost are assessed for objective evidence of impairment. If an asset is impaired the impairment loss is the difference between the carrying amount and the present value of estimated cash flows discounted at the asset's original effective interest rate. The impairment loss is recognised in profit or loss. Basic financial liabilities, which include trade and other payables and loans from other related parties, are initially recognised at transaction price, unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future receipts discounted at a market rate of interest. Debt instruments are subsequently carried at amortised cost, using the effective interest rate method. Trade payables 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 payment is due within one year of less. If not, then they are presented as non-current liabilities. Trade payables are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method. Financial liabilities are derecognised when the liability is extinguished, that is when the contractual obligation is discharged, cancelled or expires. Employee benefits Short term benefits, including holiday pay and other similar non-monetary benefits, are recognised as an expense in the period in which the service is received.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided.
Share capital
Ordinary shares are classified as equity. Incremental costs directly attributable to the issue of new ordinary shares or options are shown in equity as a deduction, net of tax, from the proceeds.
Distributions to equity holders
Dividends and other distributions to the company's shareholders are recognised as a liability in the financial statements in the period in which the dividends and other distributions are approved by the shareholders. These amounts are recognised in the statement of changes in equity.
4. Employee numbers
The average number of persons employed by the company during the period amounted to 3 (2024: 4 ).
5. Investments

| Shares in group undertakings
| £
Cost |
At 1 July 2024 and 29 June 2025 | 2
| ----
Impairment |
At 1 July 2024 and 29 June 2025 | –
| ----

Carrying amount |
At 29 June 2025 | 2
| ----
At 30 June 2024 | 2
| ----

6. Stocks

| 29 Jun 25 | 30 Jun 24
| £ | £
Raw materials and consumables | – | 1,357
| ---- | ------

7. Debtors

| 29 Jun 25 | 30 Jun 24
| £ | £
Trade debtors | 1,021 | 515
Other debtors | 8,400 | –
| ------ | ----
| 9,421 | 515
| ------ | ----

8. Creditors: amounts falling due within one year

| 29 Jun 25 | 30 Jun 24
| £ | £
Accruals and deferred income | 3,310 | 2,710
Director loan accounts | 609,952 | 609,952
Amounts owed to related parties | 2,601,933 | 2,586,582
| ----------- | -----------
| 3,215,195 | 3,199,244
| ----------- | -----------

9. Called up share capital
Issued, called up and fully paid

| 29 Jun 25 | 30 Jun 24
| No. | £ | No. | £
Ordinary A shares of £ 1 each | 87,156 | 87,156 | 87,156 | 87,156
| ------- | ------- | ------- | -------