REGISTERED NUMBER: 03673465 (England and Wales)

Financial Statements for the Year Ended 30 November 2025

for

Calf's Head Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs P A Medley

Mr C C Medley

Miss V J L Burrill

SECRETARY:

Mr C C Medley

REGISTERED OFFICE:

Suites 5 & 6, The Printworks

Ribble Valley Enterprise Park

Hey Road, Barrow

Clitheroe

Lancashire

BB7 9WB

REGISTERED NUMBER:

03673465 (England and Wales)

ACCOUNTANTS:

Bennett Kirkhope Smith

Chartered Certified Accountants

Suites 5 & 6 The Printworks

Hey Road

Barrow

Clitheroe

Lancashire

BB7 9WB

FIXED ASSETS

Tangible assets

4

716,950

707,464

CURRENT ASSETS

Stocks

20,630

24,259

Debtors

5

31,943

10,171

Cash at bank and in hand

612,360

619,743

664,933

654,173

CREDITORS

Amounts falling due within one year

6

379,876

385,569

NET CURRENT ASSETS

285,057

268,604

TOTAL ASSETS LESS CURRENT LIABILITIES

1,002,007

976,068

CREDITORS

Amounts falling due after more than one year

7

(43,855

)

(87,037

)

PROVISIONS FOR LIABILITIES

10

(32,023

)

(29,623

)

NET ASSETS

926,129

859,408

CAPITAL AND RESERVES

Called up share capital

11

2

2

Retained earnings

926,127

859,406

SHAREHOLDERS' FUNDS

926,129

859,408

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 November 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 November 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 19 August 2026 and were signed on its behalf by:

Miss V J L Burrill - Director

1.	STATUTORY INFORMATION

Calf's Head 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.

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 represents net sales of goods and services, excluding value added tax. Turnover consists of drink, food and accommodation sales, which are recognised at the point of which these goods and services are provided.

Tangible fixed assets

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

Freehold property

-

not provided

Fixtures and fittings

-

10% on reducing balance

No depreciation has been provided against the freehold property as the directors are of the opinion that the current market value and the estimated residual value is in excess of the historic cost.

Stocks

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

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.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Compliance with accounting standards

The financial statements are prepared in accordance with applicable accounting standards.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 67 (2024 - 59 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

and

property

fittings

Totals

£

£

£

COST

At 1 December 2024

588,356

364,064

952,420

Additions

-

23,133

23,133

At 30 November 2025

588,356

387,197

975,553

DEPRECIATION

At 1 December 2024

-

244,956

244,956

Charge for year

-

13,647

13,647

At 30 November 2025

-

258,603

258,603

NET BOOK VALUE

At 30 November 2025

588,356

128,594

716,950

At 30 November 2024

588,356

119,108

707,464

No depreciation has been provided against the freehold property as the directors are of the opinion that the current market value and the estimated residual value is in excess of the historic cost.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Trade debtors

-

1,102

Amounts owed by associates

4,750

2,116

Prepayments

27,193

6,953

31,943

10,171

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans and overdrafts

37,301

28,451

Trade creditors

61,144

76,091

Corporation tax

61,462

71,817

Social security and other taxes

19,768

14,992

VAT

88,590

86,650

Other creditors

2,261

2,245

Credit card

9,192

9,028

Accrued expenses

100,158

96,295

379,876

385,569

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.11.25

30.11.24

£

£

Bank loans - 1-2 years

40,337

31,175

Bank loans - 2-5 years

3,518

55,862

43,855

87,037

8.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

30.11.25

30.11.24

£

£

Within one year

3,705

3,705

Between one and five years

7,719

10,497

11,424

14,202

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.11.25

30.11.24

£

£

Bank loans

81,156

115,488

The bank borrowing is secured by a first party legal charge over the freehold property.

10.	PROVISIONS FOR LIABILITIES

30.11.25

30.11.24

£

£

Deferred tax

32,023

29,623

Deferred

tax

£

Balance at 1 December 2024

29,623

Provided during year

2,400

Balance at 30 November 2025

32,023

11.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

30.11.20

30.11.19

value:

£

£

120

A Ordinary

1p

1.20

1.20

40

B Ordinary

1p

0.40

0.40

40

C Ordinary

1p

0.40

0.40

2.00

2.00

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Two of the directors and shareholders also hold 100% of the shares in New Waggoners Ltd. The company has provided a guarantee over the bank borrowings taken out by New Waggoners Ltd.

The company has issued a loan to New Waggoners Ltd, as shown in debtors, of £4,750 (2024 - £2,116).