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REGISTERED NUMBER: 06942470 (England and Wales)

| FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 31ST MARCH 2026 |

| FOR |

| SEVERN VALLEY LAMB LIMITED |

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page |

| Company Information | 1 |

| Balance Sheet | 2 |

| Notes to the Financial Statements | 4 |

| SEVERN VALLEY LAMB LIMITED |

COMPANY INFORMATION

FOR THE YEAR ENDED 31ST MARCH 2026

| DIRECTORS: | Mr R. A. Pritchard

| Mr T H Pritchard

| REGISTERED OFFICE: | Newtown Abattoir

| Stafford road

| Bloxwich

| WS6 6AY

| REGISTERED NUMBER: | 06942470 (England and Wales)

| ACCOUNTANTS: | Stanton Ralph & Co Limited

| Chartered Accountants

| The Old Police Station

| Whitburn Street

| Bridgnorth

| Shropshire

| WV16 4QP

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

BALANCE SHEET

31ST MARCH 2026

31.3.25 |  | 31.3.26 |

£ | £ |  | Notes | £ | £ |

| FIXED ASSETS

1,112,111 |  |  | Tangible assets | 4 | 1,159,760 |  |

| CURRENT ASSETS

55,214 |  |  | Stocks | 76,968 |  |

174,573 |  |  | Debtors | 5 | 243,257 |  |

122,525 |  |  | Cash at bank and in hand | 280,533 |  |

352,312 |  | 600,758 |  |

| CREDITORS

336,438 |  |  | Amounts falling due within one year | 6 | 407,865 |  |

15,874 |  |  | NET CURRENT ASSETS | 192,893 |  |

1,127,985 |  |  | TOTAL ASSETS LESS CURRENT LIABILITIES | 1,352,653 |  |

| CREDITORS

(364,077 | ) |  | Amounts falling due after more than one year | 7 | (255,346 | ) |

(130,659 | ) |  | PROVISIONS FOR LIABILITIES | (131,494 | ) |

633,249 |  |  | NET ASSETS | 965,813 |  |

| CAPITAL AND RESERVES

100 |  |  | Called up share capital | 9 | 100 |  |

633,149 |  |  | Retained earnings | 965,713 |  |

633,249 |  |  | SHAREHOLDERS' FUNDS | 965,813 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st March 2026 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

BALANCE SHEET - continued

31ST MARCH 2026

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 29th May 2026 and were signed on its behalf by:

Mr T H Pritchard - Director

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

1. | STATUTORY INFORMATION

| Severn Valley Lamb 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 (£).

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.

| Turnover

| Turnover represents net invoiced sales of goods and services, excluding value added tax.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

| Plant and machinery etc | - | 15% on reducing balance

| Stocks

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

| 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.

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

2. | ACCOUNTING POLICIES - continued

| Hire purchase and leasing commitments

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| 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 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.

| Revenue grants received

| Revenue grants received are credited to the profit and loss in line with related expenditure.

| Debtors and creditors receivable/payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 38 (2025 - 38 ) .

4. | TANGIBLE FIXED ASSETS

| Freehold |  | Plant and |  | Motor

| Totals |  | property |  | machinery |  | vehicles

£ | £ | £ | £ |

| COST

| At 1st April 2025 | 1,491,870 |  | 634,376 |  | 714,386 |  | 143,108 |  |

| Additions | 129,528 |  | - |  | 69,250 |  | 60,278 |  |

| At 31st March 2026 | 1,621,398 |  | 634,376 |  | 783,636 |  | 203,386 |  |

| DEPRECIATION

| At 1st April 2025 | 379,759 |  | - |  | 353,515 |  | 26,244 |  |

| Charge for year | 81,879 |  | - |  | 58,596 |  | 23,283 |  |

| At 31st March 2026 | 461,638 |  | - |  | 412,111 |  | 49,527 |  |

| NET BOOK VALUE

| At 31st March 2026 | 1,159,760 |  | 634,376 |  | 371,525 |  | 153,859 |  |

| At 31st March 2025 | 1,112,111 |  | 634,376 |  | 360,871 |  | 116,864 |  |

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Motor

| vehicles

£ |

| COST

| At 1st April 2025 | 54,500 |  |

| Additions | 49,278 |  |

| Transfer to ownership | (54,500 | ) |

| At 31st March 2026 | 49,278 |  |

| DEPRECIATION

| At 1st April 2025 | 14,545 |  |

| Charge for year | 10,921 |  |

| Transfer to ownership | (20,538 | ) |

| At 31st March 2026 | 4,928 |  |

| NET BOOK VALUE

| At 31st March 2026 | 44,350 |  |

| At 31st March 2025 | 39,955 |  |

5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Trade debtors | 187,052 |  | 122,601 |  |

| Other debtors | - |  | 3,658 |  |

| Tax and Social Security | 12,342 |  | 26,299 |  |

| Directors' current accounts | 32,147 |  | - |  |

| Prepayments | 11,716 |  | 22,015 |  |

243,257 |  | 174,573 |  |

6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans and overdrafts | 18,264 |  | 43,594 |  |

| Other loans | - |  | 25,195 |  |

| Hire purchase contracts | 10,439 |  | 8,650 |  |

| Trade creditors | 197,178 |  | 201,416 |  |

| Amounts owed to group undertakings | 3,114 |  | 3,424 |  |

| Tax | 110,179 |  | - |  |

| Social security and other taxes | 22,616 |  | 13,125 |  |

| Other creditors | 12,921 |  | 14,106 |  |

| Accrued expenses | 33,154 |  | 26,928 |  |

407,865 |  | 336,438 |  |

SEVERN VALLEY LAMB LIMITED (REGISTERED NUMBER: 06942470) |

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 31ST MARCH 2026

7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans - 1-2 years | 18,882 |  | 17,510 |  |

| Bank loans - 2-5 years | 50,309 |  | 51,522 |  |

| Bank loans more 5 yr by instal | 154,209 |  | 173,836 |  |

| Other loans - 1-2 years | - |  | 27,286 |  |

| Other loans - 2-5 years | - |  | 93,923 |  |

| Hire purchase contracts | 31,946 |  | - |  |

255,346 |  | 364,077 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 154,209 |  | 173,836 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

| 31.3.26 |  | 31.3.25

£ | £ |

| Bank loans | 241,664 |  | 259,779 |  |

| The company's bankers hold a fixed and floating charge over the company's assets.

9. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 31.3.26 |  | 31.3.25

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |

10. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| At the 31st March 2026 Mr R A Pritchard owed the Company £32,147. This was repaid in full on 26th May 2026