REGISTERED NUMBER: 00510965 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 August 2025

for

Meikle Bros. Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J S Meikle

Mrs J R Meikle

A J Meikle

Mrs D C Meikle

SECRETARY:

A J Meikle

REGISTERED OFFICE:

Manor Farm

Kings Newnham

Rugby

Warwickshire

CV23 0JT

REGISTERED NUMBER:

00510965 (England and Wales)

ACCOUNTANTS:

Gopsall Services Limited

First Floor

7 Marina Court

Maple Drive

Hinckley

LE10 3BF

FIXED ASSETS

Tangible assets

4

1,037,293

940,988

Investments

5

525,183

507,634

1,562,476

1,448,622

CURRENT ASSETS

Stocks

6

343,193

260,180

Debtors

7

150,220

37,886

Investments

8

2,050

2,050

Cash at bank

525,619

335,430

1,021,082

635,546

CREDITORS

Amounts falling due within one year

9

358,232

55,340

NET CURRENT ASSETS

662,850

580,206

TOTAL ASSETS LESS CURRENT LIABILITIES

2,225,326

2,028,828

PROVISIONS FOR LIABILITIES

10

120,457

94,961

NET ASSETS

2,104,869

1,933,867

CAPITAL AND RESERVES

Called up share capital

5,100

5,100

Retained earnings

2,099,769

1,928,767

2,104,869

1,933,867

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 August 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 August 2025 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 11 August 2026 and were signed on its behalf by:

A J Meikle - Director

1.	STATUTORY INFORMATION

Meikle Bros. Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

Going concern

The directors assess whether the use of going concern is appropriate, i.e. whether there are any material uncertainties related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The directors make this assessment in respect of a period of at least one year from the date of the approval of the financial statements.The directors have concluded that there are no material uncertainties about the company's ability to continue as a going concern and they are satisfied that the company has adequate resources to continue to meet its liabilities as they fall due and, therefore, that it remains appropriate to continue to adopt going concern basis of accounting in the preparation of the financial statements.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Farm subsidies are recognised in the period they fall due.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant and machinery

-

20% on reducing balance

Fixtures and fittings

-

33% on cost

Motor vehicles

-

25% on reducing balance

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.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

£

£

£

£

COST

At 1 September 2024

546,789

865,406

7,735

474,327

1,894,257

Additions

-

179,900

291

-

180,191

Disposals

-

-

-

(100,665

)

(100,665

)

At 31 August 2025

546,789

1,045,306

8,026

373,662

1,973,783

DEPRECIATION

At 1 September 2024

-

616,749

7,476

329,044

953,269

Charge for year

-

43,422

354

26,673

70,449

Eliminated on disposal

-

-

-

(87,228

)

(87,228

)

At 31 August 2025

-

660,171

7,830

268,489

936,490

NET BOOK VALUE

At 31 August 2025

546,789

385,135

196

105,173

1,037,293

At 31 August 2024

546,789

248,657

259

145,283

940,988

5.	FIXED ASSET INVESTMENTS

Investments (neither listed nor unlisted) were as follows:

31.8.25

31.8.24

£

£

Investments

525,183

507,634

6.

STOCKS

31.8.25

31.8.24

£

£

Stocks

343,193

260,180

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Trade debtors

87,716

144

Other debtors

62,504

37,742

150,220

37,886

8.	CURRENT ASSET INVESTMENTS

31.8.25

31.8.24

£

£

Other investments

2,050

2,050

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.8.25

31.8.24

£

£

Hire purchase contracts

100

18,110

Trade creditors

279,468

30,470

Taxation and social security

63,611

460

Other creditors

15,053

6,300

358,232

55,340

10.	PROVISIONS FOR LIABILITIES

31.8.25

31.8.24

£

£

Deferred tax

Accelerated capital allowances

120,457

94,961

Deferred

tax

£

Balance at 1 September 2024

94,961

Provided during year

25,496

Balance at 31 August 2025

120,457

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 31 August 2025 and 31 August 2024:

31.8.25

31.8.24

£

£

J S Meikle and Mrs J R Meikle

Balance outstanding at start of year

9,457

11,415

Amounts advanced

43,801

42,354

Amounts repaid

(44,312

)

(44,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

8,946

9,457

A J Meikle and Mrs D C Meikle

Balance outstanding at start of year

105

3,300

Amounts advanced

36,554

41,117

Amounts repaid

(44,312

)

(44,312

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(7,653

)

105