Ccf (UK) Limited

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

1. General Information

Ccf (UK) Limited is a private company, limited by shares, incorporated in England & Wales, registered number 07733362 . The registered office is Unit 1a-1c Wern Trading Estate, Rogerstone, Newport, NP10 9FQ.

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. 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:

Plant & Machinery	2% -20 % SLM
Motor Vehicles	20% SLM
Fixtures & Fittings	15% SLM
Computer Equipment	33% SLM

2.4. 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.

2.5. 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.

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Ccf (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

2.6. 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.

3. Average Number of Employees

Average number of employees, including directors, during the year was 33 (2024: 33)

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Computer Equipment	Total
	£	£	£	£	£
Cost
As at 1 November 2024	523,676	395,475	113,304	-	1,032,455
Additions	57,065	97,133	5,031	1,302	160,531
Disposals	-	(97,133 )	-	-	(97,133 )

As at 31 October 2025	580,741	395,475	118,335	1,302	1,095,853

Depreciation
As at 1 November 2024	264,776	198,932	86,316	-	550,024
Provided during the period	25,993	67,233	8,236	214	101,676
Disposals	-	(4,737 )	-	-	(4,737 )

As at 31 October 2025	290,769	261,428	94,552	214	646,963

Net Book Value
As at 31 October 2025	289,972	134,047	23,783	1,088	448,890

As at 1 November 2024	258,900	196,543	26,988	-	482,431

5. Stocks

	2025	2024
	£	£
Stock	46,314	49,000
Work in progress	35,000	65,000

	81,314	114,000

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Ccf (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	576,472	790,592
Amounts owed by group undertakings	2,053,290	1,769,658
Amounts owed by participating interests	1,068	-
Other debtors	75,301	12,407

	2,706,131	2,572,657

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	7,014	29,860
Trade creditors	534,014	547,428
Bank loans and overdrafts	-	147,477
Amounts owed to participating interests	350,000	420
Other creditors	41,901	44,934
Taxation and social security	125,435	214,709

	1,058,364	984,828

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

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	-	15,090
Bank loans	502,105	496,056

	502,105	511,146

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	7,014	29,860
Later than one year and not later than five years	-	15,090

	7,014	44,950

	7,014	44,950

10. Share Capital

	2025	2024
	£	£
Allotted, Called up and fully paid	100	100

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Ccf (UK) Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 October 2025

11. Directors Advances, Credits and Guarantees

Included within Debtors are the following loans to directors:

	As at 1 November 2024	Amounts advanced	Amounts repaid	Amounts written off	As at 31 October 2025
	£	£	£	£	£
Mrs Nicola Fisher	-	201,752	128,000	-	73,752

The above loan is unsecured, interest free and repayable on demand.

12. Related Party Transactions

CCF UK Ltd is owned 100% by Manisc Holdings Ltd and at 31st October 2025 £930,924 (FY24: £826,961) was owed by Manisc Holdings Ltd. Rent of £140,760 was paid to Manisc Holdings Ltd during FY25 (FY24: £102,895).

CCF UK Ltd is owned 100% by Mansic Holdings Ltd and Mansic Holdings is owned 50% by Nicola Fisher and 50% by Mark Fisher until 8th August 2024, from August 8th 2024 Manisc Holdings Ltd is owned 50% by Jimboloon Holdings Ltd and 25% by Nicola Fisher and 25% by Mark Fisher. At 31st October 2025 £862,366 (FY24: £942,277) was owed by Jimboloon Holdings Ltd. Management charges of £883 were paid to Jimboloon Holdings Ltd in FY25.

13. Exceptional Items

The company is a wholly owned subsidiary of Manisc Holdings Limited. Manisc Holdings Limited is owned by Jimboloon Limited (50%), Nicola Fisher (25%) and Mark Fisher (25%).

Modo Commercial Kitchens Limited is also controlled by the same shareholders and is therefore a related party.

During the year, the company paid dividends of £140,000 to Manisc Holdings Limited.

At the balance sheet date, the following amounts were due from related parties:

Manisc Holdings Limited: £990,924

Jimboloon Limited: £1,062,366

Modo Commercial Kitchens Limited: £350,000

Directors: £73,752

The total amount due from related parties at the year end was therefore £2,477,042.

The related party balances were unsecured, interest free and repayable on demand.

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		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		448,890		482,431

			448,890		482,431
CURRENT ASSETS
Stocks	5	81,314		114,000
Debtors	6	2,706,131		2,572,657
Cash at bank and in hand		448,809		418,502

		3,236,254		3,105,159
Creditors: Amounts Falling Due Within One Year	7	(1,058,364 )		(984,828 )

NET CURRENT ASSETS (LIABILITIES)			2,177,890		2,120,331

TOTAL ASSETS LESS CURRENT LIABILITIES			2,626,780		2,602,762

Creditors: Amounts Falling Due After More Than One Year	8		(502,105 )		(511,146 )

PROVISIONS FOR LIABILITIES
Provisions For Charges			(185,464 )		(158,830 )
Deferred Taxation			(93,862 )		(91,129 )

NET ASSETS			1,845,349		1,841,657

CAPITAL AND RESERVES
Called up share capital	10		100		100
Profit and Loss Account			1,845,249		1,841,557

SHAREHOLDERS' FUNDS			1,845,349		1,841,657