Protein Feeds Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 01476247

Protein Feeds Limited

Unaudited financial statements

For the year ended

31 March 2026

Protein Feeds Limited

Statement of financial position

31 March 2026

	2026		2025
Note	£	£	£	£

Fixed assets

Tangible assets	5	65,672	176,055
Investments	6	50	50
		-------	---------
		65,722	176,105

Current assets

Debtors	7	970	75,949
Cash at bank and in hand		271,806	250,598
		---------	---------
		272,776	326,547

Creditors: Amounts falling due within one year	8	( 19,988)		( 6,297)
		---------		---------
Net current assets			252,788		320,250
			---------		---------
Total assets less current liabilities			318,510		496,355

Provisions

Taxation including deferred tax	( 5,836)	( 4,377)
	---------	---------
Net assets	312,674	491,978
	---------	---------

Capital and reserves

Called up share capital	20,000	20,000
Revaluation reserve	21,974	25,690
Profit and loss account	270,700	446,288
	---------	---------
Shareholders funds	312,674	491,978
	---------	---------

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 income statement has not been delivered.

For the year ending 31 March 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

- The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Protein Feeds Limited

Statement of financial position (continued)

31 March 2026

These financial statements were approved by the board of directors and authorised for issue on 8 July 2026 , and are signed on behalf of the board by:

Mr A W Herrmann
Director

Company registration number: 01476247

Protein Feeds Limited

Notes to the financial statements

Year ended 31 March 2026

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Yoxford Road, Westleton, Saxmundham, Suffolk, IP17 3AF. The company's trading address is Brakes Lane Farm, Saxmundham, Suffolk, IP17 3QC.

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, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership 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.

Income tax

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.

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:

Buildings	-	2% straight line
Vehicles	-	25% reducing balance
Equipment	-	15% reducing balance

Investments

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.

Provisions

Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.

Defined contribution plans

The company operates a defined contribution pension scheme for employees. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account. The company also make gross contributions into the directors' personal pension schemes. The assets of the schemes are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.

4. Employee numbers

The average number of employees during the year was 2 (2025: 3 ).

5. Tangible assets

	Freehold Land & Buildings	Investment Property	Equipment	Total
	£	£	£	£
Cost or valuation
At 1 April 2025	55,000	118,500	9,957	183,457
Disposals	–	( 110,000)	–	( 110,000)
Revaluations	–	90,669	–	90,669
	-------	---------	------	---------
At 31 March 2026	55,000	99,169	9,957	164,126
	-------	---------	------	---------
Depreciation
At 1 April 2025	–	–	7,402	7,402
Charge for the year	–	–	383	383
Impairment losses	–	90,669	–	90,669
	-------	---------	------	---------
At 31 March 2026	–	90,669	7,785	98,454
	-------	---------	------	---------
Carrying amount
At 31 March 2026	55,000	8,500	2,172	65,672
	-------	---------	------	---------
At 31 March 2025	55,000	118,500	2,555	176,055
	-------	---------	------	---------

Included in the cost of freehold land & buildings is non depreciable land costing £25,059. The investment properties were valued by the directors at open market value on 31 March 2026.

6. Investments

	Other investments other than loans
	£
Cost
At 1 April 2025 and 31 March 2026	50
	----
Impairment
At 1 April 2025 and 31 March 2026	–
	----

Carrying amount
At 31 March 2026	50
	----
At 31 March 2025	50
	----

7. Debtors

	2026	2025
	£	£
Trade debtors	400	20,599
Other debtors	570	55,350
	----	-------
	970	75,949
	----	-------

8. Creditors: Amounts falling due within one year

	2026	2025
	£	£
Trade creditors	2,267	2,504
Social security and other taxes	15,146	168
Other creditors	2,575	3,625
	-------	------
	19,988	6,297
	-------	------

9. Director's advances, credits and guarantees

Included within debtors at the year end is an interest free directors loan account totalling £nil (2025: £ 316). The maximum total overdrawn balance during the year was £316.