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Registered number: 10848899
Rox Meat Limited
Financial Statements
For The Year Ended 31 March 2025
Certified Acountants
117 Dartford Road
Dartford
Kent
DA1 3EN
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—7
Page 1
Balance Sheet
Registered number: 10848899
2025 2024
Notes £ £ £ £
FIXED ASSETS
Intangible Assets 4 19,124 20,270
Tangible Assets 5 90,005 65,729
109,129 85,999
CURRENT ASSETS
Stocks 6 4,500 4,500
Debtors 7 159,831 320,415
Cash at bank and in hand 135,519 10,595
299,850 335,510
Creditors: Amounts Falling Due Within One Year 8 (314,554 ) (320,530 )
NET CURRENT ASSETS (LIABILITIES) (14,704 ) 14,980
TOTAL ASSETS LESS CURRENT LIABILITIES 94,425 100,979
Creditors: Amounts Falling Due After More Than One Year 9 (29,834 ) (32,408 )
NET ASSETS 64,591 68,571
CAPITAL AND RESERVES
Called up share capital 11 10 10
Profit and Loss Account 64,581 68,561
SHAREHOLDERS' FUNDS 64,591 68,571
Page 1
Page 2
For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his 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 Tansu Ozsoykal
Director
09/07/2026
The notes on pages 3 to 7 form part of these financial statements.
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Page 3
Notes to the Financial Statements
1. General Information
Rox Meat Limited is a private company, limited by shares, incorporated in England & Wales, registered number 10848899 . The registered office is 117 Dartford Road, Dartford, England, DA1 3EN.
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. Turnover
Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Intangible Fixed Assets and Amortisation - Goodwill
Goodwill is the difference between amounts paid on the acquisition of a business and the fair value of the separable net assets. It is amortised to the profit and loss account over its estimated economic life of twenty years.
2.4. 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 No depreciation charged
Plant & Machinery 15% Straight line
Motor Vehicles 25% Straight line
Fixtures & Fittings 15% Straight line
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2.5. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.6. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
2.7. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.
2.8. Pensions
The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.
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2.9. Debtors
Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.
Creditors
Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 5 (2024: 16)
5 16
4. Intangible Assets
Goodwill
£
Cost
As at 1 April 2024 22,917
As at 31 March 2025 22,917
Amortisation
As at 1 April 2024 2,647
Provided during the period 1,146
As at 31 March 2025 3,793
Net Book Value
As at 31 March 2025 19,124
As at 1 April 2024 20,270
5. Tangible Assets
Land & Property
Freehold Plant & Machinery Motor Vehicles Total
£ £ £ £
Cost
As at 1 April 2024 17,500 88,697 28,558 134,755
Additions - 34,967 65,404 100,371
Disposals - - (65,404 ) (65,404 )
As at 31 March 2025 17,500 123,664 28,558 169,722
...CONTINUED
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Page 6
Depreciation
As at 1 April 2024 - 33,329 35,697 69,026
Provided during the period - 17,830 (7,139 ) 10,691
As at 31 March 2025 - 51,159 28,558 79,717
Net Book Value
As at 31 March 2025 17,500 72,505 - 90,005
As at 1 April 2024 17,500 55,368 (7,139 ) 65,729
6. Stocks
2025 2024
£ £
Stock 4,500 4,500
7. Debtors
2025 2024
£ £
Due within one year
Trade debtors 25,072 2,971
Other debtors 134,759 317,444
159,831 320,415
8. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts - 8,778
Trade creditors 47,578 87,182
Bank loans and overdrafts 161,630 202,690
Corporation tax 26,452 -
Other taxes and social security 68,187 21,880
Other creditors 103,238 -
Amounts owed to group undertakings (92,531 ) -
314,554 320,530
9. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Bank loans 29,834 32,408
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10. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year - 8,778
11. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 10 10
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