REGISTERED NUMBER: NI671183 (Northern Ireland)

Unaudited Financial Statements for the Year Ended 31 March 2026

for

Glenhoy Poultry Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A Robson

Mr J Robson

REGISTERED OFFICE:

27 Glenhoy Road

AUGHER

Co. Tyrone

BT77 0DG

REGISTERED NUMBER:

NI671183 (Northern Ireland)

ACCOUNTANTS:

Gildernew & Co Ltd

Six Northland Row

DUNGANNON

Co. Tyrone

BT71 6AW

FIXED ASSETS

Intangible assets

4

115,000

130,000

Tangible assets

5

5,476,414

4,741,369

Investment property

6

150,000

150,000

5,741,414

5,021,369

CURRENT ASSETS

Stocks

1,022,160

659,412

Debtors

7

729,735

533,835

Cash at bank

11,362

58

1,763,257

1,193,305

CREDITORS

Amounts falling due within one year

8

2,090,245

896,750

NET CURRENT (LIABILITIES)/ASSETS

(326,988

)

296,555

TOTAL ASSETS LESS CURRENT LIABILITIES

5,414,426

5,317,924

CREDITORS

Amounts falling due after more than one year

9

(3,828,615

)

(4,413,059

)

PROVISIONS FOR LIABILITIES

(375,597

)

(179,194

)

NET ASSETS

1,210,214

725,671

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,210,114

725,571

1,210,214

725,671

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 30 July 2026 and were signed on its behalf by:

Mrs A Robson - Director

1.	STATUTORY INFORMATION

Glenhoy Poultry Limited is a private company, limited by shares , registered in Northern Ireland. 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

Goodwill, being the amount paid in connection with the acquisition of a business in 2023, is being amortised evenly over its estimated useful life of ten years.

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.

Land and buildings

-

5% on cost

Plant and machinery etc

-

33% on cost, 20% reducing balance and 15% reducing balance

Buildings are to be depreciated evenly over their estimated useful life, beginning once they

become available for use.

No depreciation is charged on land.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2025 - 5 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2025

and 31 March 2026

150,000

AMORTISATION

At 1 April 2025

20,000

Charge for year

15,000

At 31 March 2026

35,000

NET BOOK VALUE

At 31 March 2026

115,000

At 31 March 2025

130,000

5.	TANGIBLE FIXED ASSETS

Freehold

Plant and

Motor

Computer

property

machinery

vehicles

equipment

Totals

£

£

£

£

£

COST

At 1 April 2025

4,370,782

1,037,911

153,747

4,522

5,566,962

Additions

76,929

858,713

59,499

2,084

997,225

Disposals

-

(4,888

)

-

-

(4,888

)

At 31 March 2026

4,447,711

1,891,736

213,246

6,606

6,559,299

DEPRECIATION

At 1 April 2025

450,085

322,685

48,334

4,489

825,593

Charge for year

52,979

181,873

24,057

719

259,628

Eliminated on disposal

-

(2,336

)

-

-

(2,336

)

At 31 March 2026

503,064

502,222

72,391

5,208

1,082,885

NET BOOK VALUE

At 31 March 2026

3,944,647

1,389,514

140,855

1,398

5,476,414

At 31 March 2025

3,920,697

715,226

105,413

33

4,741,369

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2025

and 31 March 2026

150,000

NET BOOK VALUE

At 31 March 2026

150,000

At 31 March 2025

150,000

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Trade debtors

309,296

127,628

Amounts owed by related parties

338,681

372,226

Other debtors

81,758

33,981

729,735

533,835

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

£

Bank loans and overdrafts

385,331

262,403

Hire purchase contracts

147,024

106,000

Trade creditors

1,254,261

231,773

Social security and other taxes

8,536

1,573

Other creditors

292,093

293,001

Accrued expenses

3,000

2,000

2,090,245

896,750

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2026

2025

£

£

Bank loans - 2-5 years

2,122,818

2,636,964

Hire purchase contracts

109,913

239,573

Directors' loan accounts

1,595,884

1,536,522

3,828,615

4,413,059