Company No: 09353193 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	James Edward Hirst
	Brian Palmer
	John Wherrett

REGISTERED OFFICE	Unit 7
	Buccaneer Court Airfield Estate
	Elvington
	York
	YO41 4XW
	United Kingdom

COMPANY NUMBER

09353193 (England and Wales)

AUDITOR	Sowerby
	Chartered Accountants and Statutory Auditors
	Statutory Auditor
	Beckside Court
	Annie Reed Road
	Beverley
	East Yorkshire
	HU17 0LF

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	4	78,489		87,132
		78,489		87,132
Current assets
Stocks	5	116,313		153,910
Debtors	6	162,108		55,477
Cash at bank and in hand	7	2,691		13,867
		281,112		223,254
Creditors: amounts falling due within one year	8	( 1,081,460)		( 857,540)
Net current liabilities		(800,348)		(634,286)
Total assets less current liabilities		(721,859)		(547,154)
Creditors: amounts falling due after more than one year	9	( 29,641)		( 36,730)
Net liabilities		( 751,500)		( 583,884)
Capital and reserves
Called-up share capital	10	401,000		401,000
Profit and loss account		( 1,152,500 )		( 984,884 )
Total shareholders' deficit		( 751,500)		( 583,884)

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Harvest Moon Confectionery Ltd (registered number: 09353193) were approved and authorised for issue by the Board of Directors on 27 July 2026. They were signed on its behalf by:

John Wherrett Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Harvest Moon Confectionery Ltd (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Unit 7, Buccaneer Court Airfield Estate, Elvington, York, YO41 4XW, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements.

The director's believe that the company's future prospects, taking into consideration the current environment, show that the company is expected to begin to make profit and generate positive cashflows following the date of this report, giving the company the ability to continue to operate for the foreseeable future. The directors are positive about new opportunities in the near future.

However, it is not possible for the directors to predict this with certainty and formal evidence of confirmed future orders cannot be provided. The directors acknowledge and accept that this, combined with the high gearing level of the business and informal funding structure, indicates that a material uncertainty exists that may cast significant doubt on the company's ability to continue as a going concern.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Employee benefits

Short term benefits
Short-term employee benefits are recognised as an expense in the period they are incurred.

Finance costs

Finance costs are charged to the Statement of Income and Retained Earnings over the term of the debt using the effective interest method so the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	10 % reducing balance
Plant and machinery	10 - 20 % reducing balance
Computer equipment	3 years straight line

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Borrowing costs

Interest-bearing borrowings are recognised initially at fair value less attributable transaction costs. Subsequent to initial recognition, interest-bearing borrowings are stated at amortised cost with any differences between the amount initially recognised and redemption value being recognised in the statement of comprehensive income over the period of the borrowings, together with any interest and fees payable, using the effective interest method.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents comprise cash at bank and on hand, demand deposits with banks and other short-term highly liquid investments with original maturities of three months or less and bank overdrafts. In the balance sheet, bank overdrafts are shown within borrowings or current liabilities.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

Related parties

For the purpose of these financial statements, a party is considered to be related to the company if:

(i) the party has the ability, directly or indirectly, through one or more intermediaries, to control the company or exercise significant influence over the company in making financial and operating policy decisions, or has joint control over the company;
(ii) the company and the party are subject to common control;
(iii) the party is an associate of the company or a joint venture in which the company is a venture
(iv) the party is a member of key management personnel of the company or the company's parent, or a close family member of such individual, or is an entity under the control, joint control or significant influence of such individuals;
(v) the party is a close family member of a party referred to in (i) or is an entity under the control, joint control or significant influence of such individuals; or
(vi) the party is a post-employment benefit plan which is for the benefit of employees of the company or of any entity that is a related party of the company.
(vii) the party, or any member of a group of which it is part, provides key management personnel services to the company or its parent.

Close family members of an individual are those family members who may be expected to influence, or be influenced by, that individual in their dealings with the entity.

2. Critical accounting judgements and key sources of estimation uncertainty

In the application of the Company's accounting policies, management is required to make judgements, estimates and assumptions about the carrying values of asses and liabilities that are not readily apparent from other sources. The estimates and underlying assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised if the revision affects only that period, or in the period of revision and future periods if the revision affects both current and future periods.

No Key sources of estimation uncertainty are noted by management that have a significant effect on the amounts recognised in the financial statements.

3. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	10		10

4. Tangible assets

	Leasehold improve- ments		Plant and machinery		Computer equipment		Total
	£		£		£		£
Cost
At 01 April 2024	115,594		137,285		1,210		254,089
Additions	0		0		753		753
At 31 March 2025	115,594		137,285		1,963		254,842
Accumulated depreciation
At 01 April 2024	75,112		90,937		908		166,957
Charge for the financial year	4,048		4,962		386		9,396
At 31 March 2025	79,160		95,899		1,294		176,353
Net book value
At 31 March 2025	36,434		41,386		669		78,489
At 31 March 2024	40,482		46,348		302		87,132

5. Stocks

	2025		2024
	£		£
Stocks	116,313		153,910

There are no material differences between the replacement cost of stock and the Balance Sheet amounts.

6. Debtors

	2025		2024
	£		£
Trade debtors	155,515		51,753
Other debtors	6,593		3,724
	162,108		55,477

7. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	2,691		13,867

8. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	7,090		7,090
Trade creditors	340,319		201,551
Amounts owed to Group undertakings	352,622		418,833
Other taxation and social security	19,056		29,926
Other creditors	362,373		200,140
	1,081,460		857,540

9. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Bank loans	29,641		36,730

There are no amounts included above in respect of which any security has been given by the small entity.

10. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
960 Ordinary A shares of £ 1.00 each	960		960
40 Ordinary B shares of £ 1.00 each	40		40
400,000 Ordinary C shares of £ 1.00 each	400,000		400,000
	401,000		401,000

11. Financial commitments

Commitments

Total future minimum lease payments under non-cancellable operating leases are as follows:

	2025		2024
	£		£
Within one year	0		4,247

12. Related party transactions

The company held a loan due to The Brecks Company Limited, the immediate parent company, of £352,622 (2024: £352,622) as at the year end.

Transactions with the Brecks Company Limited amounted to £43,330 in purchases (2024: £31,394). The amount due to the company at the year was £86,312 (2024: £59,719). The sales invoiced during the year amounted to £1,320 (2024: Nil). The amount due from the company at the year end was £1,320 (2024: Nil).

The company held a loan due to Harvest Moon Trading Limited, a company with common directorship of £298,129 (2024: £135,350) at the year end.

In the current year purchases relating to Harvest Moon Trading Limited amounted to £18,181 (2024: £39,985). The amount due to Harvest Moon Trading Limited at the year end was £151,956 (2024: £138,775). Sales were £275,962 (2024: £278,191) Amounts due from the company at the year end was £47,198 (2024: £32,979).

13. Audit Opinion

The auditor's report on the accounts for the financial year ended 31 March 2025 was unqualified.

The audit report was signed by Richard Skewis FCCA on behalf of Sowerby, Chartered Accountants and Statutory Auditors.

14. Ultimate controlling party

Parent Company:

Brecks Holdings Limited (09880905)

Breighton Airfield, Bubwith, Selby, North Yorkshire, YO8 6DH

The company is under the control of The Brecks Company Limited.

The ulitmate parent company is Brecks Holdings Limited, by virtue of its 100% shareholding in the Brecks Company.

Consolidation is performed at the ultimate parent company level.

The consolidated accounts of Brecks Holdings Limited are publicly available from Companies House.

The controlling party is J E Hirst.