REGISTERED NUMBER: 06347964 (England and Wales)

JPPW POULTRY LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2026

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

P J Whittingham

A D Whittingham

REGISTERED OFFICE:

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

REGISTERED NUMBER:

06347964 (England and Wales)

ACCOUNTANTS:

Green & Co

Accountants and Tax Advisors

Pembroke House

Llantarnam Park Way

Cwmbran

Torfaen

NP44 3AU

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

1,764,161

1,780,388

1,764,161

1,780,388

CURRENT ASSETS

Stocks

102,953

38,398

Debtors

6

242,911

121,906

Cash at bank

795,566

364,039

1,141,430

524,343

CREDITORS

Amounts falling due within one year

7

600,455

363,357

NET CURRENT ASSETS

540,975

160,986

TOTAL ASSETS LESS CURRENT LIABILITIES

2,305,136

1,941,374

CREDITORS

Amounts falling due after more than one year

8

(1,344,691

)

(1,472,232

)

PROVISIONS FOR LIABILITIES

(122,756

)

(105,815

)

NET ASSETS

837,689

363,327

CAPITAL AND RESERVES

Called up share capital

9

100

100

Retained earnings

837,589

363,227

SHAREHOLDERS' FUNDS

837,689

363,327

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.

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 Profit and Loss has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8th July 2026 and were signed on its behalf by:

A D Whittingham - Director

1.	STATUTORY INFORMATION

JPPW Poultry 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.

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 is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Positive purchased goodwill arising on acquisitions is capitalised, classified as an asset on the Balance Sheet and amortised over its estimated useful life up to a maximum of 20 years. This length of time is presumed to be the maximum useful life of purchased goodwill because it is difficult to make projections beyond this period. Goodwill is reviewed for impairment at the end of the first full financial year following each acquisition and subsequently as and when necessary if circumstances emerge that indicate that the carrying value may not be recoverable.

Intangible assets

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.

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

-

25% on reducing balance

Poultry houses

-

20% 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.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 7 (2025 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1st April 2025

and 31st March 2026

140,000

AMORTISATION

At 1st April 2025

and 31st March 2026

140,000

NET BOOK VALUE

At 31st March 2026

-

At 31st March 2025

-

5.	TANGIBLE FIXED ASSETS

Freehold

Leasehold

Plant and

Poultry

property

property

machinery

houses

Totals

£

£

£

£

£

COST

At 1st April 2025

1,159,207

-

2,793,120

931,046

4,883,373

Additions

-

28,282

156,376

-

184,658

Disposals

-

-

(63,000

)

-

(63,000

)

At 31st March 2026

1,159,207

28,282

2,886,496

931,046

5,005,031

DEPRECIATION

At 1st April 2025

-

-

2,417,500

685,485

3,102,985

Charge for year

-

-

126,742

49,112

175,854

Eliminated on disposal

-

-

(37,969

)

-

(37,969

)

At 31st March 2026

-

-

2,506,273

734,597

3,240,870

NET BOOK VALUE

At 31st March 2026

1,159,207

28,282

380,223

196,449

1,764,161

At 31st March 2025

1,159,207

-

375,620

245,561

1,780,388

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

Plant and

machinery

£

COST

At 1st April 2025

101,177

Additions

40,950

At 31st March 2026

142,127

DEPRECIATION

At 1st April 2025

25,295

Charge for year

29,208

At 31st March 2026

54,503

NET BOOK VALUE

At 31st March 2026

87,624

At 31st March 2025

75,882

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

114,550

6,511

Other debtors

814

748

Directors' current accounts

2,318

2,121

VAT

125,229

112,526

242,911

121,906

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

107,851

101,067

Hire purchase contracts

44,851

25,094

Trade creditors

235,821

112,355

Corporation Tax

193,549

96,242

Social security and other taxes

6,039

2,822

Other creditors

9,224

22,266

Directors' current accounts

3,120

3,511

600,455

363,357

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans > 1 year

1,313,615

1,428,676

Bounceback Loan

-

2,500

Hire purchase contracts

31,076

41,056

1,344,691

1,472,232

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

10.	RELATED PARTY DISCLOSURES

The company had the following outstanding directors loans at the year end:

- P J Whittingham is owed £1,060 (2025 - £1,256)

- J M WHittingham is owed £2,060 (2025 - £2,256)

- A D Whittingham owed £2,317 (2025 - £2,121)

During the year the company made payments totalling £126,000 (2025 - £35,000) to J P P Whittingham and Sons, where all three directors are partners. This is in relation to the feed purchased by the company which was bought from the partnership.

During the year the company made payments totalling £360,000 (2025 - £360,000) to J P P Whittingham and Son in relation to contract work carried out by the partnership on behalf of the company.