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COMPANY REGISTRATION NUMBER: NI674122

Ratarnet Eggs Ltd

Filleted Unaudited Abridged Financial Statements

30 November 2025

Ratarnet Eggs Ltd

Abridged Statement of Financial Position

30 November 2025

| 2025 | 2024
Note | £ | £

Fixed assets

Intangible assets | 5 | 2,200 | 2,640
Tangible assets | 7 | 1,268,741 | 613,369
| ------------ | ---------
| 1,270,941 | 616,009

Current assets

Stocks | 164,650 | 12,420
Debtors | 122,272 | 68,078
Cash at bank and in hand | 80,642 | 107,640
| --------- | ---------
| 367,564 | 188,138

Creditors: amounts falling due within one year | 378,143 | 196,808
| --------- | ---------
Net current liabilities | 10,579 | 8,670
| ------------ | ---------
Total assets less current liabilities | 1,260,362 | 607,339

Creditors: amounts falling due after more than one year | 1,012,926 | 431,903
| ------------ | ---------
Net assets | 247,436 | 175,436
| ------------ | ---------

Capital and reserves

Called up share capital | 8 | 30 | 30
Profit and loss account | 247,406 | 175,406
| --------- | ---------
Shareholders funds | 247,436 | 175,436
| --------- | ---------

These abridged 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 abridged statement of income and retained earnings has not been delivered.
For the year ending 30 November 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its abridged financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of abridged financial statements .
All of the members have consented to the preparation of the abridged statement of income and retained earnings and the abridged statement of financial position for the year ending 30 November 2025 in accordance with Section 444(2A) of the Companies Act 2006.

Ratarnet Eggs Ltd

Abridged Statement of Financial Position (continued)

30 November 2025
These abridged financial statements were approved by the board of directors and authorised for issue on 21 July 2026 , and are signed on behalf of the board by:

J W Compston | M A Compston
Director | Director

S Compston |
Director |

Company registration number: NI674122

Ratarnet Eggs Ltd

Notes to the Abridged Financial Statements

Year ended 30 November 2025
1. General information
The company is a private company limited by shares, registered in Northern Ireland. The address of the registered office is 50 Commercial Road, Banbridge, Co Down, BT32 3ES, United Kingdom.
2. Statement of compliance
These abridged 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 abridged 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 abridged financial statements are prepared in sterling, which is the functional currency of the entity.
Going concern
The accounts have been prepared on a going concern basis. The directors consider that it is appropriate to prepare the accounts on the going concern basis.
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.
Intangible assets
Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses. Intangible assets acquired as part of a business combination are only recognised separately from goodwill when they arise from contractual or other legal rights, are separable, the expected future economic benefits are probable and the cost or value can be measured reliably.
Amortisation
Amortisation is calculated so as to write off the cost of an asset, less its estimated residual value, over the useful life of that asset as follows:

| Nitrate rights | - | 10% straight line

If there is an indication that there has been a significant change in amortisation rate, useful life or residual value of an intangible asset, the amortisation is revised prospectively to reflect the new estimates.
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:

| Plant and machinery | - | 20% reducing balance
| Equipment | - | 20% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets. For impairment testing of goodwill, the goodwill acquired in a business combination is, from the acquisition date, allocated to each of the cash-generating units that are expected to benefit from the synergies of the combination, irrespective of whether other assets or liabilities of the company are assigned to those units.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Finance leases and hire purchase contracts
Assets held under finance leases and hire purchase contracts are recognised in the abridged statement of financial position as assets and liabilities at the lower of the fair value of the assets and the present value of the minimum lease payments, which is determined at the inception of the lease term. Any initial direct costs of the lease are added to the amount recognised as an asset. Lease payments are apportioned between the finance charges and reduction of the outstanding lease liability using the effective interest method. Finance charges are allocated to each period so as to produce a constant rate of interest on the remaining balance of the liability.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund. When contributions are not expected to be settled wholly within 12 months of the end of the reporting date in which the employees render the related service, the liability is measured on a discounted present value basis. The unwinding of the discount is recognised as a finance cost in profit or loss in the period in which it arises.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 4 (2024: 2 ).
5. Intangible assets

| £
Cost |
At 1 December 2024 and 30 November 2025 | 4,400
| -------
Amortisation |
At 1 December 2024 | 1,760
Charge for the year | 440
| -------
At 30 November 2025 | 2,200
| -------
Carrying amount |
At 30 November 2025 | 2,200
| -------
At 30 November 2024 | 2,640
| -------

6. Security
Bank loans totalling £847,216 are secured by a floating charge on all the company's property.
Hire purchase liability of £354,516 is secured on the machinery purchased.
7. Tangible assets

| £
Cost |
At 1 December 2024 | 863,099
Additions | 802,803
| ------------
At 30 November 2025 | 1,665,902
| ------------
Depreciation |
At 1 December 2024 | 249,730
Charge for the year | 147,431
| ------------
At 30 November 2025 | 397,161
| ------------
Carrying amount |
At 30 November 2025 | 1,268,741
| ------------
At 30 November 2024 | 613,369
| ------------

8. Called up share capital
Authorised share capital

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 30 | 30 | 30 | 30
| ---- | ---- | ---- | ----

Issued, called up and fully paid

| 2025 | 2024
| No. | £ | No. | £
Ordinary shares of £ 1 each | 30 | 30 | 30 | 30
| ---- | ---- | ---- | ----

9. Related party transactions
The company was under the control of its directors throughout the current period. The amount of £13 (£1,727 2024) in respect of an unsecured loan from the directors to the company is included in 'Creditors falling due within one year'. The loan is repayable on demand and no interest is chargeable. The amount of £1,714 was repaid to the directors during the period.