Salcombe Dairy (UK) Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 06163893

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	5		139,894		179,859

			139,894		179,859
CURRENT ASSETS
Stocks	6	451,289		336,907
Debtors	7	226,279		210,590
Cash at bank and in hand		156,090		107,915

		833,658		655,412
Creditors: Amounts Falling Due Within One Year	8	(437,328 )		(730,665 )

NET CURRENT ASSETS (LIABILITIES)			396,330		(75,253 )

TOTAL ASSETS LESS CURRENT LIABILITIES			536,224		104,606

Creditors: Amounts Falling Due After More Than One Year	9		(120,458 )		(164,353 )

NET ASSETS/(LIABILITIES)			415,766		(59,747 )

CAPITAL AND RESERVES
Called up share capital	11		2,449		2,235
Share premium account			411,152		-
Profit and Loss Account			2,165		(61,982 )

SHAREHOLDERS' FUNDS			415,766		(59,747)

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Salcombe Dairy (UK) Limited

Balance Sheet (continued)

As At 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their 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 Daniel Robert John Bly

Director

2nd June 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Salcombe Dairy (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 06163893 . The registered office is Salcombe Dairy, Shadycombe Road, Salcombe, Devon, TQ8 8DX.

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 .... 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:

Leasehold	33.33% Straight line
Plant & Machinery	25% Straight line
Motor Vehicles	25% Straight line
Fixtures & Fittings	15% Straight line
Computer Equipment	15% Straight line

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.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 55 (2024: 55)

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Salcombe Dairy (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

4. Intangible Assets

	Goodwill
	£
Cost
As at 1 January 2025	139,653

As at 31 December 2025	139,653

Amortisation
As at 1 January 2025	139,653

As at 31 December 2025	139,653

Net Book Value
As at 31 December 2025	-

As at 1 January 2025	-

5. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 January 2025	39,979	467,668	175,725	456,798
Additions	-	64,297	-	-
Disposals	-	-	-	(514 )

As at 31 December 2025	39,979	531,965	175,725	456,284

Depreciation
As at 1 January 2025	39,979	359,394	156,824	404,900
Provided during the period	-	74,905	16,624	12,023

As at 31 December 2025	39,979	434,299	173,448	416,923

Net Book Value
As at 31 December 2025	-	97,666	2,277	39,361

As at 1 January 2025	-	108,274	18,901	51,898


	Computer Equipment	Total
	£	£
Cost
As at 1 January 2025	1,309	1,141,479
Additions	-	64,297
Disposals	-	(514 )

As at 31 December 2025	1,309	1,205,262

...CONTINUED

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Salcombe Dairy (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

Depreciation
As at 1 January 2025	523	961,620
Provided during the period	196	103,748

As at 31 December 2025	719	1,065,368

Net Book Value
As at 31 December 2025	590	139,894

As at 1 January 2025	786	179,859

6. Stocks

	2025	2024
	£	£
Stock	451,289	336,907

7. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	166,890	178,201
Prepayments and accrued income	43,680	24,645
Other debtors	15,709	7,744

	226,279	210,590

8. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	24,320
Trade creditors	154,208	132,278
Bank loans and overdrafts	85,632	198,796
Other loans	38,367	188,077
Other taxes and social security	20,209	13,327
VAT	129,573	143,079
Other creditors	1,547	693
Accruals and deferred income	7,792	30,095

	437,328	730,665

9. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	1,435
Bank loans	-	16,666
Other loans	120,458	146,252

	120,458	164,353

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Salcombe Dairy (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 December 2025

10. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	-	24,320
Later than one year and not later than five years	-	1,435

	-	25,755

	-	25,755

11. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	2,449	2,235

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