Company registration number SC185769 (Scotland)
Angus Soft Fruits Limited
Annual report and financial statements
for the year ended 25 April 2026
Angus Soft Fruits Limited
Company information
Directors
L M Porter
N L Redford
J A C Gray
J A G Gray
Secretary
N L Redford
Company number
SC185769
Registered office
East Seaton Farm
Arbroath
DD11 5SD
Auditor
Henderson Loggie LLP
The Stamp Office
Level 5
10 - 14 Waterloo Place
Edinburgh
EH1 3EG
Angus Soft Fruits Limited
Contents
Page
Strategic report
1 - 3
Directors' report
4 - 6
Directors' responsibilities statement
7
Independent auditor's report
8 - 10
Group statement of comprehensive income
11
Group balance sheet
12
Company balance sheet
13 - 14
Group statement of changes in equity
15
Company statement of changes in equity
16
Group statement of cash flows
17
Notes to the financial statements
18 - 40
Angus Soft Fruits Limited
Strategic report
for the year ended 25 April 2026
- 1 -

The d irectors present the strategic report for the year ended 25 April 202 6.

Review of the business

The principal activity of the group during the year was the sale of soft fruit to UK, Europe and Asia retail, food service and wholesale sectors.

| 2026 £000 | 2025 £000
Group turnover | 183,404 | 166,311
Operating profit | 2,478 | 3,326
Profit before tax | 2,293 | 2,479
Shareholders’ funds | 12,347 | 10,252

T he directors are pleased to report that group turnover has increased by £1 7 m, driven by additional UK fruit volumes. Outside of the sales growth in the UK margins and volumes have been under pressure due to adverse climatic conditions in our main growing regions in Iberia, North Africa and South America. Despite these headwinds the group continued to generate profits in line with previous years. This EBITDA and improved cash management have helped reduce borrowing levels and financing costs. Shareholders’ funds as of 25 April 2026 stood at £12.3m, which represents a continuation of the strengthening of the balance sheet that provides the group with the financial strength to meet the challenges of the market and to continue to respond to the requirements of our customers.

Strategy and objectives

Using all of the group’s extensive expertise and resources our aim is to consistently deliver great tasting berries that will delight our customers. We continuously look to enhance our reputation for quality, professionalism and innovation and to foster the depth and quality of our long-term relationships with our customers. We endeavour to be recognised as the supplier of choice for soft fruit by the consumer.

We recognise the vital importance of our people in the achievement of these objectives. We are committed to sustaining a good working environment for employees and to ensure that their health and well-being are prominent on the list of our corporate values. We also require our suppliers to comply with our Ethical Trade and Human Rights Policy and to monitor the working conditions for the people who pick, pack and deliver our berries.

Current development and performance

The group has developed strong and long lasting relationships with our farming partners both in the UK and elsewhere to provide the quality of soft fruit demanded by our consumers. The group is also committed to buying locally sourced produce during the UK summer season. In addition, we continue to invest in the development of new fruit varieties through our teams located in the UK and Spain.

Although the majority of group sales are UK based, export opportunities continue to be pursued in Asia and the Middle East.

Angus Soft Fruits Limited
Strategic report (continued)
for the year ended 25 April 2026
- 2 -

Sustainability

We continue to make strong progress in reducing the environmental impact of our packaging. Through close collaboration with our packaging suppliers, all of our packaging is now 100% recyclable across our customer range. Innovative punnet development has also enabled significant reductions in plastic use, including the removal of millions of non-recyclable bubble pads from our supply chain, helping to improve material circularity and reduce waste.

We are proud to work with our UK grower network, all of whom are LEAF Marque certified, demonstrating our commitment to sustainable farming practices and biodiversity enhancement. Across our international supply base, we continue to support growers in adopting LEAF principles and certification as part of our wider approach to responsible agriculture.

Reducing food waste remains a key priority. Our target is to reduce food waste across our operations by 50% by 2030, supported by continued investment in advanced packhouse technologies, improved forecasting capabilities and a right-first-time approach to field quality. We also work closely with redistribution partners, including Felix to redistribute surplus produce and since 2020 we’ve donated the equivalent of 200,000 meals.

Protecting natural resources and enhancing biodiversity are central to our sustainability strategy. Through our agronomy teams and grower partnerships, we continue to promote integrated pest management, increase the use of biological controls and support habitat creation initiatives that encourage biodiversity across our farming locations. Alongside this we’re also dedicated to sustainable water management across our supply chain. Working closely with our overseas growers, we are pursuing SPRING certification in high-​risk areas and using third-​party tools such as the WWF Water Risk Filter to deepen understanding of water-​related risks.

We are also focused on reducing our carbon footprint across both our own operations and our wider supply chain. Our goal is to achieve Net Zero by 2045 across Scope 1, 2 and 3 and by 2026 we expect our SBTi targets to be verified and externally communicated - ensuring alignment with the latest climate science and the 1.5°C pathway.

Principal risks and uncertainties

The principal risks and uncertainties facing the group are as follows:

Interest rate risk

The group monitors interest rates closely in order to minimise its potential exposure to any interest rate movements.

Credit risk

The group monitors credit risk regularly using credit insurance where necessary to protect it from non-payment and considers that its current policy of credit insurance and checks meets its objectives of managing exposure in this area. Together with its bankers the group also monitors any significant concentrations of credit risk. Amounts shown in the balance sheet best represent the maximum credit risk exposure in the event that other parties fail to perform their obligations under financial instruments.

Liquidity risk

The group's aim is to maintain a balance between continuity of funding and flexibility through maintaining a sustainable level of external borrowings.

Currency risk

The group has some exposure to foreign currency risk as it has transactions in Euros, US Dollars, Moroccan Dirhams and Chilean Pesos. Forward currency contracts are entered into as and when required to minimise the impact of fluctuations in exchange rates.

Fair values of financial assets and liabilities

Financial instruments included in the accounts have been reviewed and the carrying values per the accounts are considered to be the same as the fair value of these financial instruments.

Angus Soft Fruits Limited
Strategic report (continued)
for the year ended 25 April 2026
- 3 -
Promoting the success of the company : Section 172 Statement

The directors consider, both individually and collectively, that they have acted in the way they consider, in good faith, would be most likely to promote the success of the group for the benefit of its members as a whole in the decisions taken during the current year.

When making these decisions the directors have given regard to:

- The likely consequences of any decisions in the long-term;

- The interest of the group's employees;

- The need to foster the group's business relationships with suppliers, customers and others;

- The impact of the group's operations on the community and environment;

- The desirability of the group maintaining a reputation for high standards of business conduct; and

- The need to act fairly between shareholders of the group.

As Angus Soft Fruits Limited is a family business this is considered to be important in creating a sustainable business platform which enables management to plan over the longer term for the benefit of its customers, employees and the wider community. The majority of stakeholder engagement is carried out by the directors personally.

The directors consider information from across the organisation to help them understand the impact of the group's operations and the interests and views of our key stakeholders. They also review strategy and financial and operational performance as well as information covering areas such as key risks and legal and regulatory compliance.

As a result of these activities, the directors have an overview of engagement with stakeholders, and other relevant factors, which enables the directors to comply with their legal duty under section 172 of the Companies Act 2006.

On behalf of the board

J A C Gray
Director
21 August 2026
Angus Soft Fruits Limited
Directors' report
for the year ended 25 April 2026
- 4 -

The d irectors present their annual report and financial statements for the year ended 25 April 202 6.

Principal activities

The principal activity of the group during the year was the sale of soft fruit to the retail, food service and wholesale sectors.

Results and dividends

The results for the year are set out on page 11.

No ordinary dividends were paid. The directors do not recommend the payment of a further dividend.

Directors

The d irectors who held office during the year and up to the date of signature of the financial statements were as follows:

L M Porter
W H Porter
(resigned 24 April 2026)
N L Redford
J A C Gray
J A G Gray
Disabled persons

The company is committed to an active equal opportunities policy from recruitment and selection, through training, development, appraisal and promotion to retirement for all employees including those with a disability. It is our policy to promote an environment free from discrimination, harassment and victimisation.

The organisation will make such adjustments as are reasonable to enable a disabled employee to carry out their duties and to remain in employment. The organisation is committed to recruiting and retaining the best employees on the basis of their abilities and individual merit.

Equal Opportunities Policy

The company is committed to providing equal opportunities in employment and to avoiding unlawful discrimination in employment or any other facet of its business.

The organisation will strive to ensure that the work environment is free of harassment and bullying and that everyone is treated with dignity and respect.

The company operates policies that confirm staff should not discriminate directly or indirectly in recruitment or employment because of age, disability, sex, gender, pregnancy, maternity, race (which includes colour, nationality and ethnic or national origins), sexual orientation, religion or belief, or because someone is married or in a civil partnership.

Employee Involvement

The company believes that an organisation that communicates well with its workforce performs best. Information about matters of concern to employees is given through information bulletins and reports which seek to achieve a common awareness on the part of all employees of the financial and economic factors affecting the group’s performance.

Future developments

During the year, we saw further growth in our new new raspberry varieties, AVA Monet and AVA Dali which have been successful in the UK in the premium quality sector of the market.

The directors will continue to invest in people and facilities to ensure that the group remains a sustainable and world class supplier of soft fruits.

Angus Soft Fruits Limited
Directors' report (continued)
for the year ended 25 April 2026
- 5 -
Auditor

In accordance with the company's articles, a resolution proposing that Henderson Loggie LLP be reappointed as auditor of the group will be put at a General Meeting.

Energy and carbon report

Greenhouse gas emissions, energy consumption and energy efficiency action

We fully recognise our responsibility to protect the environment and therefore we have environmental policies, objectives and guidelines in place which we review and update regularly. The group complies with all regulations covering the processing and disposal of toxic and non-toxic waste and uses qualified licensed contractors for the collection and disposal of waste where appropriate. We make every effort to keep our neighbours in the local community safe from any potential harm caused by our activities by closely monitoring our emissions and waste.

The following disclosures refer to Angus Soft Fruits Limited as a standalone company as it is the only entity within the group that falls within the reporting thresholds. The data covers the financial year from 1 May to 30 April in each year and is converted to metric tons of carbon dioxide equivalents for comparison purposes.

| 2025-2026 | 2024-2025
|  | tCO2e |  | tCO2e
Electricity | 1,475,359 kwh | 261 | 1,389,044 kwh | 288
Petrol/Diesel | 65,032 litres | 156 | 28,207 litres | 74
Total |  | 417 |  | 362

Energy efficiency action

We continue to have a long tradition of focusing priorities on high-quality natural produce in 2025-26, so the journey towards Net-Zero emissions remains a natural extension of this philosophy.

Intensity ratio and methodologies

An intensity ratio can be used to measure the relationship between CO2e emissions and productivity over time. The company uses the ratio of tonnes of CO2e per £m of turnover.

For the year ended 25 April 2026 there were 417t CO2e giving a ratio of 2.46t CO2e per £m of turnover. For the year ended 30 April 2025 there were 362t CO2e giving a ratio of 2.37t CO2e per £m of turnover. This is an increase of 0.09t CO2e per £m of turnover on the previous year.

Half hourly energy consumption data is gathered throughout the year for the main electricity supply so no estimated data is used in these calculations. Fuel records for company vehicles were as recorded in company expense records.

The information in this energy use statement is based on our Streamlined Energy and Carbon Reporting (SECR) document.

Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the auditor of the company is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the auditor of the company is aware of that information.

Angus Soft Fruits Limited
Directors' report (continued)
for the year ended 25 April 2026
- 6 -
Going concern

The financial statements have been prepared by the directors under the going concern basis.

The group continues to closely monitor and manage its funding position to ensure that it has access to sufficient funds to meet forecast cash requirements. The group’s solid equity base and headroom within its banking facilities, including the invoice financing facility, provides it with the financial strength to deal with the impact of any foreseeable business transactions.

As a result, the directors have a reasonable expectation that the group will continue in operation for the foreseeable future and accordingly the directors continue to adopt the going concern basis in preparing these financial statements.

Strategic report

Included within the strategic report is an indication of the principal risks and uncertainties including the risk associated with the market conditions, competition, foreign currency risk, and legislative and compliance risks.

On behalf of the board
J A C Gray
Director
21 August 2026
Angus Soft Fruits Limited
Directors' responsibilities statement
for the year ended 25 April 2026
- 7 -

The Directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

United Kingdom company law requires the Directors to prepare financial statements for each financial year. Under that law, the Directors have elected to prepare the group and parent company financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the Directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the group and parent company, and of the profit or loss of the group for that period.

In preparing these financial statements, the Directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable U nited K ingdom Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the group and parent company will continue in business.

The Directors are responsible for keeping adequate accounting records that are sufficient to show and explain the group’s and parent company’s transactions and disclose with reasonable accuracy at any time the financial position of the group and parent company, and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the group and parent company, and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

Angus Soft Fruits Limited
Independent auditor's report
to the members of Angus Soft Fruits Limited
- 8 -
Opinion

We have audited the financial statements of Angus Soft Fruits Limited (the 'parent company') and its subsidiaries (the 'group') for the year ended 25 April 2026 which comprise the group statement of comprehensive income, the group balance sheet, the company balance sheet, the group statement of changes in equity, the company statement of changes in equity, the group statement of cash flows and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the group's and the parent company's affairs as at 25 April 2026 and of the group's profit for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the group and parent company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the d irectors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the group's and parent company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of directors with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The d irectors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

Angus Soft Fruits Limited
Independent auditor's report (continued)
to the members of Angus Soft Fruits Limited
- 9 -

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in strategic report and the directors' report for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the group and the parent company and their environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic or the directors' report.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept by the parent company, or returns adequate for our audit have not been received from branches not visited by us; or

- the parent company financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of Directors

As explained more fully in the d irectors' responsibilities statement, the di rectors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the d irectors are responsible for assessing the parent company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the di rectors either intend to liquidate the parent company or to cease operations, or have no realistic alternative but to do so.

Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedures in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The specific procedures for this engagement and the extent to which these are capable of detecting irregularities, including fraud, is detailed below.

As part of our planning process:

- We enquired of management the systems and controls the group has in place, the areas of the financial statements that are mostly susceptible to the risk of irregularities and fraud, and whether there was any known, suspected or alleged fraud. Management informed us that there were no instances of known, suspected or alleged fraud;

- We obtained an understanding of the legal and regulatory frameworks applicable to the group. We determined that the following were most relevant: Employment law (including payroll and pension regulations); health and safety; BRC requirements; GDPR; and compliance with the UK Companies Act;

- We considered the incentives and opportunities that exist in the group, including the extent of management bias, which present a potential for irregularities and fraud to be perpetrated, and tailored our risk assessment accordingly; and

Angus Soft Fruits Limited
Independent auditor's report (continued)
to the members of Angus Soft Fruits Limited
- 10 -

- Using our knowledge of the group, together with the discussions held with management at the planning stage, we formed a conclusion on the risk of misstatement due to irregularities including fraud and tailored our procedures according to this risk assessment.

The key procedures we undertook to detect irregularities including fraud during the course of the audit included:

- Enquiries with management about any known or suspected instances of non-compliance with laws and regulations and fraud;

- Reviewing group board meeting minutes;

- Reviewing key policies in place including the health and safety policy and BRC Certificates;

- Challenging assumptions and judgements made by management in their significant accounting estimates, in particular in relation to the carrying value of investments, and tangible fixed assets, along with the estimation of accruals; and

- Auditing the risk of management override of controls, including through testing journal entries and other adjustments for appropriateness.

Owing to the inherent limitations of an audit, there is an unavoidable risk that some material misstatements in the financial statements may not be detected, even though the audit is properly planned and performed in accordance with the ISAs (UK). For instance, the further removed non-compliance is from the events and transactions reflected in the financial statements, the less likely the auditor is to become aware of it or to recognise the non-compliance. The risk is also greater regarding irregularities occurring due to fraud rather than error, as fraud involves intentional concealment, forgery, collusion, omission or misrepresentation. The primary responsibility for the prevention and detection of irregularities and fraud rests with the directors.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

Use of our report

This report is made solely to the parent company’s members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the parent company’s members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the parent company and the parent company’s members as a body, for our audit work, for this report, or for the opinions we have formed.

Diana Penny (Senior Statutory Auditor)
For and on behalf of Henderson Loggie LLP, Statutory Auditor
Chartered Accountants
The Stamp Office
Level 5
10 - 14 Waterloo Place
Edinburgh
EH1 3EG
21 August 2026
Angus Soft Fruits Limited
Group statement of comprehensive income
for the year ended 25 April 2026
- 11 -
2026
2025
Notes
£
£
Turnover
3
183,404,152
166,310,974
Cost of sales
(171,429,188)
(154,225,453)
Gross profit
11,974,964
12,085,521
Administrative expenses
(9,678,338)
(8,759,311)
Other operating income
182,188
-
0
Operating profit
4
2,478,814
3,326,210
Share of results of associates
211,042
(56,974)
Interest receivable and similar income
8
71,184
2,275
Interest payable and similar expenses
9
(468,063)
(792,012)
Profit before taxation
2,292,977
2,479,499
Tax on profit
10
(216,012)
(666,237)
Profit for the financial year
24
2,076,965
1,813,262
Other comprehensive income
Currency translation gain taken to retained earnings
18,259
352,935
Total comprehensive income for the year
2,095,224
2,166,197
Profit for the financial year is all attributable to the owners of the parent company.
Total comprehensive income for the year is all attributable to the owners of the parent company.
Angus Soft Fruits Limited
Group Balance sheet
as at 25 April 2026
- 12 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
11
70,155
101,295
Tangible assets
12
789,497
591,989
Investments
13
5,477,505
6,084,947
6,337,157
6,778,231
Current assets
Stocks
16
1,329,599
1,134,792
Debtors falling due after more than one year
17
1,351,825
68,860
Debtors falling due within one year
17
24,366,665
27,795,762
Cash at bank and in hand
893,229
2,540,004
27,941,318
31,539,418
Creditors: amounts falling due within one year
18
(21,883,565)
(26,462,578)
Net current assets
6,057,753
5,076,840
Total assets less current liabilities
12,394,910
11,855,071
Creditors: amounts falling due after more than one year
19
-
(1,602,866)
Provisions for liabilities
Deferred tax liability
21
(47,481)
-
0
(47,481)
-
Net assets
12,347,429
10,252,205
Capital and reserves
Called up share capital
23
100
100
Profit and loss reserves
24
12,347,329
10,252,105
Total equity
12,347,429
10,252,205
The financial statements were approved by the board of directors and authorised for issue on 21 August 2026 and are signed on its behalf by:
21 August 2026
J A C Gray
Director
Company registration number SC185769 (Scotland)
Angus Soft Fruits Limited
Company balance sheet
as at 25 April 2026
25 April 2026
- 13 -
2026
2025
Notes
£
£
£
£
Fixed assets
Intangible assets
11
63,646
86,237
Tangible assets
12
715,853
520,687
Investments
13
2,855,168
3,660,925
3,634,667
4,267,849
Current assets
Stocks
16
1,281,703
678,886
Debtors falling due after more than one year
17
1,262,567
68,860
Debtors falling due within one year
17
23,184,260
27,140,906
Cash at bank and in hand
589,005
1,951,316
26,317,535
29,839,968
Creditors: amounts falling due within one year
18
(21,873,095)
(26,355,833)
Net current assets
4,444,440
3,484,135
Total assets less current liabilities
8,079,107
7,751,984
Creditors: amounts falling due after more than one year
19
-
0
(1,602,866)
Provisions for liabilities
Deferred tax liability
21
(47,481)
-
0
(47,481)
-
Net assets
8,031,626
6,149,118
Capital and reserves
Called up share capital
23
100
100
Profit and loss reserves
24
8,031,526
6,149,018
Total equity
8,031,626
6,149,118
Angus Soft Fruits Limited
Company balance sheet
as at 25 April 2026
25 April 2026
- 14 -

As permitted by section 408 of the Companies Act 2006, the c ompany has not presented its own profit and loss account and related notes. The c ompany’s profit for the year was £1,882,509 (2025 - £1,188,714 profit).

The financial statements were approved by the board of directors and authorised for issue on 21 August 2026 and are signed on its behalf by:
21 August 2026
J A C Gray
Director
Company registration number SC185769 (Scotland)
Angus Soft Fruits Limited
Group statement of changes in equity
for the year ended 25 April 2026
- 15 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 28 April 2024
100
8,085,908
8,086,008
Year ended 26 April 2025:
Profit for the year
-
1,813,262
1,813,262
Other comprehensive income:
Currency translation differences
-
352,935
352,935
Total comprehensive income
-
2,166,197
2,166,197
Balance at 26 April 2025
100
10,252,105
10,252,205
Year ended 25 April 2026:
Profit for the year
-
2,076,965
2,076,965
Other comprehensive income:
Currency translation differences
-
18,259
18,259
Total comprehensive income
-
2,095,224
2,095,224
Balance at 25 April 2026
100
12,347,329
12,347,429
Angus Soft Fruits Limited
Company statement of changes in equity
for the year ended 25 April 2026
- 16 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 28 April 2024
100
4,960,304
4,960,404
Year ended 26 April 2025:
Profit and total comprehensive income for the year
-
1,188,714
1,188,714
Balance at 26 April 2025
100
6,149,018
6,149,118
Year ended 25 April 2026:
Profit and total comprehensive income
-
1,882,508
1,882,508
Balance at 25 April 2026
100
8,031,526
8,031,626
Angus Soft Fruits Limited
Group statement of cash flows
for the year ended 25 April 2026
- 17 -
2026
2025
Notes
£
£
£
£
Cash flows from operating activities
Cash generated from operations
27
2,545,166
3,641,123
Interest paid
(468,063)
(792,012)
Income taxes refunded/(paid)
128,783
(370,416)
Net cash inflow from operating activities
2,205,886
2,478,695
Investing activities
Purchase of intangible assets
-
(55,963)
Purchase of tangible fixed assets
(489,747)
(200,695)
Proceeds from disposal of tangible fixed assets
250
11,590
Share of joint venture profits
211,042
(56,974)
Repayments/(Loans) to joint ventures
607,442
(871,185)
Interest received
71,184
2,275
Net cash generated from/(used in) investing activities
400,171
(1,170,952)
Financing activities
Payment of finance leases obligations
-
(59,621)
Net cash used in financing activities
-
(59,621)
Net increase in cash and cash equivalents
2,606,057
1,248,122
Cash and cash equivalents at beginning of year
(4,494,351)
(6,095,408)
Effect of foreign exchange rates
18,751
352,935
Cash and cash equivalents at end of year
(1,869,543)
(4,494,351)
Relating to:
Cash at bank and in hand
893,229
2,540,004
Bank overdrafts included in creditors payable within one year
(2,762,772)
(7,034,355)
Angus Soft Fruits Limited
Notes to the group financial statements
for the year ended 25 April 2026
- 18 -
1
Accounting policies
Company information

Angus Soft Fruits Limited (“the company”) is a private limited company domiciled and incorporated in Scotland. The registered office is East Seaton Farm, Arbroath, DD11 5SD.

The group consists of Angus Soft Fruits Limited and all of its subsidiaries and joint ventures and associates.

1.1
Reporting period

The company prepares its financial statements to the last Saturday of April each year, this year being 25 April. This is as permitted under section 390 of the Companies Act 2006 as it is within 7 days either side of the company's Accounting Reference Date of 30 April.

1.2
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

The company is a qualifying entity for the purposes of FRS 102, being a member of a group where the parent of that group prepares publicly available consolidated financial statements, including this company, which are intended to give a true and fair view of the assets, liabilities, financial position and profit or loss of the group. The company has therefore taken advantage of exemptions from the following disclosure requirements for parent company information presented within the consolidated financial statements:

- Section 7 ‘Statement of Cash Flows’: Presentation of a statement of cash flow and related notes and disclosures.

1.3
Business combinations

In the parent company financial statements, t he cost of a business combination is the fair value at the acquisition date of the assets given, equity instruments issued and liabilities incurred or assumed, plus costs directly attributable to the business combination. The excess of the cost of a business combination over the fair value of the identifiable assets, liabilities and contingent liabilities acquired is recognised as goodwill. The cost of the combination includes the estimated amount of contingent consideration that is probable and can be measured reliably, and is adjusted for changes in contingent consideration after the acquisition date. Provisional fair values recognised for business combinations in previous periods are adjusted retrospectively for final fair values determined in the 12 months following the acquisition date. I nvestments in subsidiaries, joint ventures and associates are accounted for at cost less impairment.

Deferred tax is recognised on differences between the value of assets (other than goodwill) and liabilities recognised in a business combination accounted for using the purchase method and the amounts that can be deducted or assessed for tax, considering the manner in which the carrying amount of the asset or liability is expected to be recovered or settled. The deferred tax recognised is adjusted against goodwill or negative goodwill.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
1
Accounting policies (continued)
- 19 -
1.4
Basis of consolidation

The consolidated group financial statements consist of the financial statements of the parent company Angus Soft Fruits Limited together with all entities controlled by the parent company (its subsidiaries) and the group’s share of its interests in joint ventures and associates.

All material financial statements are made up to 25 April 2026. Where necessary, adjustments are made to the financial statements of subsidiaries to bring the accounting policies used into line with those used by other members of the g roup.

All intra-group transactions, balances and unrealised gains on transactions between group companies are eliminated on consolidation. Unrealised losses are also eliminated unless the transaction provides evidence of an impairment of the asset transferred.

Investments in joint ventures and associates are carried in the group balance sheet at cost plus post-acquisition changes in the group’s share of the net assets of the entity, less any impairment in value. The carrying values of investments in joint ventures and associates include acquired goodwill.

If the group’s share of losses in a joint venture or associate equals or exceeds its investment in the joint venture or associate, the group does not recognise further losses unless it has incurred obligations to do so or has made payments on behalf of the joint venture or associate.

Unrealised gains arising from transactions with joint ventures and associates are eliminated to the extent of the group’s interest in the entity.

1.5
Going concern

The financial statements have been prepared by the directors under the going concern basis.

The group continues to closely monitor and manage its funding position to ensure that it has access to sufficient funds to meet forecast cash requirements. The group’s solid equity base and headroom within its banking facilities, including the invoice financing facility, provides it with the financial strength to deal with the impact of any foreseeable business transactions.

As a result, the directors have a reasonable expectation that the group will continue in operation for the foreseeable future and accordingly the directors continue to adopt the going concern basis in preparing these financial statements.

1.6
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.

Revenue from the sale of soft fruits is recognised when the significant risks and rewards of ownership have passed to the buyer (usually on dispatch of the fruit). The amount of revenue can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Revenue from the sales of plants is recognised when the buyer takes title of the plants under a "bill and hold" arrangement. The sale of plants are recognised when delivery is probable, plants are identifiable, buyer acknowledges the delivery instructions and usual payment terms apply.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
1
Accounting policies (continued)
- 20 -
1.7
Intangible fixed assets other than goodwill

Intangible assets acquired separately from a business are recognised at cost and are subsequently measured at cost less accumulated amortisation and accumulated impairment losses.

Intangible assets acquired on business combinations are recognised separately from goodwill at the acquisition date where it is probable that the expected future economic benefits that are attributable to the asset will flow to the entity and the fair value of the asset can be measured reliably; the intangible asset arises from contractual or other legal rights; and the intangible asset is separable from the entity.

Amortisation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Licences
20% straight line
1.8
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Plant and equipment
14 - 20% straight line
Fixtures and fittings
20% straight line
Computers
33% straight line
Motor vehicles
25% straight line

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 recognised in the profit and loss account.

1.9
Fixed asset investments

Equity in vest ments are measured at fair value through profit or loss, except for those equity investments that are not publicly traded and whose fair value cannot otherwise be measured reliably, which are recognised at cost less impairment until a reliable measure of fair value becomes available.

I n the parent company financial statements, investments in subsidiaries, associates and jointly controlled entities are initially measured at cost and subsequently measured at cost less any accumulated impairment losses.

A subsidiary is an entity controlled by the group. Control is the power to govern the financial and operating policies of the entity so as to obtain benefits from its activities.

Entities in which the group has a long term interest and shares control under a contractual arrangement are classified as jointly controlled entities.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
1
Accounting policies (continued)
- 21 -
1.10
Impairment of fixed assets

At each reporting period end date, the group reviews the carrying amounts of its tangible and intangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

The carrying amount of the investments accounted for using the equity method is tested for impairment as a single asset. Any goodwill included in the carrying amount of the investment is not tested separately for impairment.

Recoverable amount is the higher of fair value less costs to sell and value in use. In assessing value in use, the estimated future cash flows are discounted to their present value using a pre-tax discount rate that reflects current market assessments of the time value of money and the risks specific to the asset for which the estimates of future cash flows have not been adjusted.

If the recoverable amount of an asset (or cash-generating unit) is estimated to be less than its carrying amount, the carrying amount of the asset (or cash-generating unit) is reduced to its recoverable amount. An impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the impairment loss is treated as a revaluation decrease.

Recognised impairment losses are reversed if, and only if, the reasons for the impairment loss have ceased to apply. Where an impairment loss subsequently reverses, the carrying amount of the asset (or cash-generating unit) is increased to the revised estimate of its recoverable amount, but so that the increased carrying amount does not exceed the carrying amount that would have been determined had no impairment loss been recognised for the asset (or cash-generating unit) in prior years. A reversal of an impairment loss is recognised immediately in profit or loss, unless the relevant asset is carried at a revalued amount, in which case the reversal of the impairment loss is treated as a revaluation increase.

1.11
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell.

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.

1.12
Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, and bank overdrafts. Bank overdrafts are shown within borrowings in current liabilities.

1.13
Financial instruments

The group has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the group's balance sheet when the group becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset and the net amounts presented in the financial statements when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
1
Accounting policies (continued)
- 22 -
Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest m ethod unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the group transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the group after deducting all of its liabilities.

Basic financial liabilities

Basic financial liabilities, including creditors, bank loans and loans from fellow group companies, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Derecognition of financial liabilities

Financial liabilities are derecognised when the group's contractual obligations expire or are discharged or cancelled.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
1
Accounting policies (continued)
- 23 -
1.14
Equity instruments

Equity instruments issued by the group are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the group.

1.15
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The group’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

1.16
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

1.17
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.18
Leases

Rentals payable under operating leases, including any lease incentives received, are charged to profit or loss on a straight line basis over the term of the relevant lease except where another more systematic basis is more representative of the time pattern in which economic benefits from the lease d asset are consumed.

1.19
Foreign exchange

Transactions in currencies other than pounds sterling are recorded at the rates of exchange prevailing at the dates of the transactions. At each reporting end date, monetary assets and liabilities that are denominated in foreign currencies are retranslated at the rates prevailing on the reporting end date. Gains and losses arising on translation in the period are included in profit or loss.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
1
Accounting policies (continued)
- 24 -
1.20

New or revised Financial Reporting Standards

Amendments to FRS 102 introduced by the Period Review 2024

The amendments to FRS 102 are applicable for accounting periods commencing on or after 1 January 2026, with earlier adoption permitted. The directors have opted not to adopt these amendments early, as such, the amendments will be implemented for the accounting year ending 1 May 2027.

The most significant amendments are the replacement of Section 23, now renamed ‘Revenue from Contracts with Customers’, and Section 20 ‘Leases’. The other less significant changes are not currently expected to have a material impact. The new revenue and leasing requirements seek to provide greater consistency and alignment with International Financial Reporting Standards, namely IFRS 15 and IFRS 16.

The group is currently planning for the implementation of these changes.

Under the new lease accounting requirements these changes will be applied using the modified retrospective approach which avoids the restatement of comparative figures. The implementation of the changes would see leased assets recognised as Right-of-Use assets on-balance sheet, with a lease liability recognised based on the discounted value of any future commitments, plus payments related to optional extension periods if considered reasonably certain. Exemptions to this approach will be considered for certain short-term leases or low-value assets.

Under the new revenue accounting requirements, management expects these changes to be applied using the modified retrospective approach which avoids the restatement of comparative figures. Management are reviewing the current and expected future revenue transactions to determine the necessary performance obligations, transaction prices, and overall recognition and presentation to ensure compliance with the changes.

As at the date of signing the financial statements, and given the changes relate to future periods, it has been deemed impractical to determine the amounts involved.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 25 -
2
Judgements and key sources of estimation uncertainty

In the application of the group’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated 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 where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

Critical judgements

The following judgements have had the most significant effect on amounts recognised in the financial statements.

Impairment of investments

Management assesses whether impairment of investments are required. These estimates require the use of forecast results for future years, which are dependent on the assessment of annual revenue growth, discount rate and achievable margins. The actual results achieved may differ from the forecasts, and this may result in changes in the assessment of the valuation of investment balances.

Useful lives of tangible fixed assets

The annual depreciation charge for tangible assets is sensitive to changes in the estimated useful economic lives and residual values of the assets. The useful economic lives and residual values are re-assessed annually. They are amended when necessary to reflect current estimates, based on technological advancement, future investments, economic utilisation and the physical condition of the assets.

Accruals

Management estimate requirements for accruals using post year end information and information available from detailed budgets. This identifies costs and income that are expected to be incurred or received for goods services provided by and to other parties. Accruals are only released when there is a reasonable expectation that these costs will not be invoiced in the future.

3
Turnover and other revenue
2026
2025
£
£
Turnover analysed by class of business
Sale of goods
183,404,152
166,310,974
2026
2025
as restated
£
£
Turnover analysed by geographical market
United Kingdom
179,606,721
161,390,583
Overseas
3,797,431
4,920,391
183,404,152
166,310,974
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
3
Turnover and other revenue (continued)
- 26 -
2026
2025
£
£
Other revenue
Interest income
71,184
2,275
RDEC received
182,188
-

The turnover analysis by geographical market has been restated for the 2025 financial year to reflect a more accurate split and ensure consistency with the presentation of the current 2026 financial year. The total turnover remains consistent.

4
Operating profit
2026
2025
£
£
Operating profit for the year is stated after charging/(crediting):
Exchange losses
103,131
355,310
RDEC received
(182,188)
-
Depreciation of owned tangible fixed assets
291,292
429,585
Profit on disposal of tangible fixed assets
(250)
(11,590)
Amortisation of intangible assets
31,595
61,502
Operating lease charges
656,327
425,035
5
Auditor's remuneration
2026
2025
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the group and company
68,000
64,800
For other services
Other assurance services
-
1,850
All other non-audit services
6,700
-
6,700
1,850
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 27 -
6
Employees

The average monthly number of persons (including directors) employed by the group and company during the year was:

Group
Company
2026
2025
2026
2025
Number
Number
Number
Number
Production staff
137
141
125
127
Administrative staff
75
73
74
72
Total
212
214
199
199

Their aggregate remuneration comprised:

Group
Company
2026
2025
2026
2025
£
£
£
£
Wages and salaries
10,937,510
9,800,405
10,248,560
9,092,304
Social security costs
1,162,385
973,449
1,057,502
883,821
Pension costs
299,212
292,849
288,783
286,401
12,399,107
11,066,703
11,594,845
10,262,526
7
Directors' remuneration
2026
2025
£
£
Remuneration for qualifying services
563,348
497,360
Company pension contributions to defined contribution schemes
35,724
48,388
599,072
545,748
Remuneration disclosed above includes the following amounts paid to the highest paid director:
2026
2025
£
£
Remuneration for qualifying services
418,387
338,638
Company pension contributions to defined contribution schemes
23,561
36,577
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 28 -
8
Interest receivable and similar income
2026
2025
£
£
Interest income
Other interest income
71,184
2,275
9
Interest payable and similar expenses
2026
2025
£
£
Interest on bank overdrafts and loans
9,316
124,579
Interest on invoice finance arrangements
458,747
643,303
Interest on finance leases and hire purchase contracts
-
1,227
Other interest
-
22,903
Total finance costs
468,063
792,012
10
Taxation
2026
2025
£
£
Current tax
UK corporation tax on profits for the current period
223,554
827,565
Adjustments in respect of prior periods
(83,607)
(207,247)
Total current tax
139,947
620,318
Deferred tax
Origination and reversal of timing differences
76,065
44,410
Adjustment in respect of prior periods
-
0
1,509
Total deferred tax
76,065
45,919
Total tax charge
216,012
666,237
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
10
Taxation (continued)
- 29 -

The actual charge for the year can be reconciled to the expected charge for the year based on the profit or loss and the standard rate of tax as follows:

2026
2025
£
£
Profit before taxation
2,292,977
2,479,499
Expected tax charge based on the standard rate of corporation tax in the UK of 25% (2025: 25%)
573,244
619,875
Adjustments in respect of prior years
(83,607)
(207,247)
Double tax relief
(3,750)
-
0
Research and development tax credit
(45,547)
-
0
Other permanent differences
(224,328)
252,100
Deferred tax adjustments in respect of prior years
-
0
1,509
Taxation charge
216,012
666,237
11
Intangible fixed assets
Group
Licences
£
Cost
At 27 April 2025
313,275
Exchange adjustments
647
At 25 April 2026
313,922
Amortisation and impairment
At 27 April 2025
211,980
Amortisation charged for the year
31,595
Exchange adjustments
192
At 25 April 2026
243,767
Carrying amount
At 25 April 2026
70,155
At 26 April 2025
101,295
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
11
Intangible fixed assets (continued)
- 30 -
Company
Licences
£
Cost
At 27 April 2025 and 25 April 2026
266,153
Amortisation and impairment
At 27 April 2025
179,916
Amortisation charged for the year
22,591
At 25 April 2026
202,507
Carrying amount
At 25 April 2026
63,646
At 26 April 2025
86,237
12
Tangible fixed assets
Group
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 27 April 2025
4,945,289
604,192
532,383
458,635
6,540,499
Additions
175,250
89,089
162,506
62,902
489,747
Disposals
(103,513)
-
0
-
0
(12,750)
(116,263)
Exchange adjustments
(5,036)
326
(109)
(1,179)
(5,998)
At 25 April 2026
5,011,990
693,607
694,780
507,608
6,907,985
Depreciation and impairment
At 27 April 2025
4,630,280
597,331
457,724
263,175
5,948,510
Depreciation charged in the year
142,697
23,122
50,706
74,767
291,292
Eliminated in respect of disposals
(103,513)
-
0
-
0
(12,750)
(116,263)
Exchange adjustments
(6,530)
2,770
(2,453)
1,162
(5,051)
At 25 April 2026
4,662,934
623,223
505,977
326,354
6,118,488
Carrying amount
At 25 April 2026
349,056
70,384
188,803
181,254
789,497
At 26 April 2025
315,009
6,861
74,659
195,460
591,989
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
12
Tangible fixed assets (continued)
- 31 -
Company
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
Cost
At 27 April 2025
4,816,279
599,378
522,323
314,830
6,252,810
Additions
175,250
89,089
159,952
25,500
449,791
Disposals
-
0
-
0
-
0
(12,750)
(12,750)
At 25 April 2026
4,991,529
688,467
682,275
327,580
6,689,851
Depreciation and impairment
At 27 April 2025
4,508,718
593,227
447,606
182,572
5,732,123
Depreciation charged in the year
138,914
22,869
50,573
42,269
254,625
Eliminated in respect of disposals
-
0
-
0
-
0
(12,750)
(12,750)
At 25 April 2026
4,647,632
616,096
498,179
212,091
5,973,998
Carrying amount
At 25 April 2026
343,897
72,371
184,096
115,489
715,853
At 26 April 2025
307,561
6,151
74,717
132,258
520,687
13
Fixed asset investments
Group
Company
2026
2025
2026
2025
Notes
£
£
£
£
Investments in subsidiaries
14
-
0
-
0
283,329
283,329
Investments in joint ventures
15
2,907,800
2,709,485
2,134
2,134
Loans to joint ventures
15
2,569,655
3,375,412
2,569,655
3,375,412
Unlisted investments
50
50
50
50
5,477,505
6,084,947
2,855,168
3,660,925
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
13
Fixed asset investments (continued)
- 32 -
Movements in fixed asset investments
Group
Shares in joint ventures
Loans to joint ventures
Other investments
Total
£
£
£
£
Cost or valuation
At 27 April 2025
2,709,485
3,375,412
50
6,084,947
Valuation changes
(12,728)
-
-
(12,728)
Repayments
-
(805,757)
-
(805,757)
Share of profits
211,043
-
-
211,043
At 25 April 2026
2,907,800
2,569,655
50
5,477,505
Carrying amount
At 25 April 2026
2,907,800
2,569,655
50
5,477,505
At 26 April 2025
2,709,485
3,375,412
50
6,084,947
Movements in fixed asset investments
Company
Shares in subsidiaries and joint ventures
Loans to joint ventures
Other investments
Total
£
£
£
£
Cost or valuation
At 27 April 2025
285,463
3,375,412
50
3,660,925
Repayments
-
(805,757)
-
(805,757)
At 25 April 2026
285,463
2,569,655
50
2,855,168
Carrying amount
At 25 April 2026
285,463
2,569,655
50
2,855,168
At 26 April 2025
285,463
3,375,412
50
3,660,925
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 33 -
14
Subsidiaries

Details of the company's subsidiaries at 25 April 2026 are as follows:

Name of undertaking
Registered office
Nature of business
Class of
% Held
shares held
Direct
Angus Soft Fruits BV
East Seaton Farm, Arbroath, DD11 5SD.
Dormant
Ordinary
100.00
Angus Soft Fruits Spain SL
Insur Huelva, Av de la Ria, 8, 21001 Huelva, Spain
Fruit procurement and sales
Ordinary
100.00
Angus Soft Fruits Chile Spa
la Concepcion 191, 7500010 Providencia, Region Metropolitana, Chile
Fruit procurement and sales
Ordinary
100.00
The Fruit Link Spa
Antonio Bellet 292, Oficina 706. Providencia, Santiago de Chile
Dormant
Ordinary
100.00
Angus Soft Fruits Maroc SARL
No 1, 1 ER ETG Lotissement El Fath 614, a Ait Melloul Inezgane, RC Inezgane No 19239, Morocco
Fruit procurement and sales
Ordinary
100.00
Coto Galindo SL
Insur Huelva, Av de la Ria, 8, 21001 Huelva, Spain
Dormant
Ordinary
100.00
Angus Berries Limited
Farm Office, East Seaton Farm, Arbroath, Scotland, DD11 5SD
Dormant
Ordinary
100.00
15
Joint ventures

Details of joint ventures at 25 April 2026 are as follows:

Name of undertaking
Registered office
Nature of business
Interest
% Held
held
Direct
Agadir Oasis Berries SARL
Bloc C N° 49 Argana Ait Melloul 1er étage, Inezgane, Morocco
Farming
Ordinary
50
Nevado Escoces Spa
Antonio Bellet 292, Oficina 706. Providencia, Santiago de Chile
Farming
Ordinary
50
Touty Berry SARL
Les Galeries Al Inbiat Immeuble N°4 Avenue Hassan II in Agadir, Morocco
Farming
Ordinary
50
Isle Fruits Ltd
Bradon Nurseries, Isle Abbotts, Taunton, Somerset, TA3 6RX
Farming
Ordinary
50
Isle Fruits (Somerset) Ltd
Bradon Nurseries, Isle Abbotts, Taunton, Somerset, TA3 6RX
Farming
Ordinary
50
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 34 -
16
Stocks
Group
Company
2026
2025
2026
2025
£
£
£
£
Raw materials and consumables
1,329,599
1,134,792
1,281,703
678,886
17
Debtors
Group
Company
2026
2025
2026
2025
Amounts falling due within one year:
£
£
£
£
Trade debtors
20,585,309
21,848,719
20,067,739
20,851,466
Corporation tax recoverable
-
0
133,069
25,093
-
0
Amounts owed by group undertakings
-
0
-
0
223,218
1,107,320
Amounts owed by undertakings in which the company has a participating interest
793,644
1,600,271
793,644
1,600,271
Other debtors
2,264,618
2,012,374
1,591,936
1,410,263
Prepayments and accrued income
723,094
2,172,745
482,630
2,143,002
24,366,665
27,767,178
23,184,260
27,112,322
Deferred tax asset (note 21)
-
0
28,584
-
0
28,584
24,366,665
27,795,762
23,184,260
27,140,906
Amounts falling due after more than one year:
Other debtors
1,351,825
68,860
1,262,567
68,860
Total debtors
25,718,490
27,864,622
24,446,827
27,209,766

Trade debtors include £14,055,000 (2025 - £15,125,000) assigned as security for the invoice financing facility, with an outstanding liability of £2,762,772 (2025 - £7,034,355)

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 35 -
18
Creditors: amounts falling due within one year
Group
Company
2026
2025
2026
2025
Notes
£
£
£
£
Invoice financing facility
20
2,762,772
7,034,355
2,762,772
7,034,355
Trade creditors
6,069,382
7,155,763
3,380,590
4,814,225
Amounts owed to group undertakings
-
0
-
0
4,441,262
5,179,212
Amounts owed to undertakings in which the group has a participating interest
968,009
1,195,288
968,009
1,195,288
Corporation tax payable
135,661
-
0
-
0
1,789
Other taxation and social security
272,619
239,842
243,438
225,474
Other creditors
37,626
98,246
43,431
46,063
Accruals and deferred income
11,637,496
10,739,084
10,033,593
7,859,427
21,883,565
26,462,578
21,873,095
26,355,833
19
Creditors: amounts falling due after more than one year
Group
Company
2026
2025
2026
2025
£
£
£
£
Other creditors
-
0
1,602,866
-
0
1,602,866
20
Loans and overdrafts
Group
Company
2026
2025
2026
2025
£
£
£
£
Invoice financing facility
2,762,772
7,034,355
2,762,772
7,034,355
Payable within one year
2,762,772
7,034,355
2,762,772
7,034,355

Any bank borrowings are secured by a floating charge over the whole assets of Angus Soft Fruits Limited only.

There is a general assignation, in relation to the invoice financing facility, in which the company assigns to the bank the documents and the goods in security for the discharge and payment of the customer's liabilities.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 36 -
21
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the group and company, and movements thereon:

Liabilities
Liabilities
Assets
Assets
2026
2025
2026
2025
Group
£
£
£
£
Accelerated capital allowances
53,157
-
-
24,367
Retirement benefit obligations
(5,676)
-
-
4,217
47,481
-
-
28,584
Liabilities
Liabilities
Assets
Assets
2026
2025
2026
2025
Company
£
£
£
£
Accelerated capital allowances
53,157
-
-
24,367
Retirement benefit obligations
(5,676)
-
-
4,217
47,481
-
-
28,584
Group
Company
2026
2026
Movements in the year:
£
£
Asset at 27 April 2025
(28,584)
(28,584)
Charge to profit or loss
76,065
76,065
Liability at 25 April 2026
47,481
47,481

T he deferred tax liability set out above is expected to reverse within 12 months and relates to accelerated capital allowances that are expected to mature within the same period.

22
Retirement benefit schemes
2026
2025
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
299,212
292,849

A defined contribution pension scheme is operated for all qualifying employees. The assets of the scheme are held separately from those of the group in an independently administered fund.

Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 37 -
23
Share capital
Group and company
2026
2025
2026
2025
Ordinary share capital
Number
Number
£
£
Issued and fully paid
Ordinary shares of £1 each
100
100
100
100

Each ordinary share carries one vote and is entitled to participate pari passu with other ordinary shares in any dividend or capital distribution.

24
Reserves
Profit and loss reserves

Profit and loss reserves include all current and prior period retained profits and losses.

25
Operating lease commitments
As lessee

At the reporting end date the group had outstanding commitments for future minimum lease payments under non-cancellable operating leases, which fall due as follows:

Group
Company
2026
2025
2026
2025
£
£
£
£
Within 1 year
334,811
317,617
334,811
317,617
Years 2-5
616,199
705,969
616,199
705,969
After 5 years
20,420
-
20,420
-
971,430
1,023,586
971,430
1,023,586
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 38 -
26
Related party transactions
Transactions with related parties

During the current and previous financial year, the company was under the control of its majority shareholder, L M Porter.

Three directors, L M Porter, W H Porter, and J A G Gray, have businesses which have entered into transactions with Angus Soft Fruits Limited.

The purchases of goods and services made by Angus Soft Fruits Limited from these businesses amounted to £27,925,988 (2025 - £26,463,847).

The sales of goods and services made by Angus Soft Fruits Limited to these businesses amounted to £1,378,670 (2025 - £3,026,977).

At the year end, the company was due from L M Porter's business £1,338,321 (2025 - £1,034,373), from W H Porter's business £1,181 (2025 - £276,802) and from J A G Gray's business £45,374 (2025 - £815,992).

At the year end, the company was due to L M Porter £1,976,020 (2025 - £961,718), to W H Porter £nil (2025 - £320,574) and to J A G Gray £354,502 (2025 - £320,574).

Sales
Sales
Purchases
Purchases
2026
2025
2026
2025
£
£
£
£
Group
Entities over which the group has control, joint control or significant influence
137,305
168,552
7,198,933
8,193,969
Company
Entities over which the company has control, joint control or significant influence
137,305
168,552
7,198,933
8,193,969

The following amounts were outstanding at the reporting end date:

Amounts due to related parties
2026
2025
£
£
Group
Entities over which the group has control, joint control or significant influence
968,009
1,195,288
Company
Entities over which the company has control, joint control or significant influence
968,009
1,195,288
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
26
Related party transactions (continued)
- 39 -

The following amounts were outstanding at the reporting end date:

Amounts due from related parties
2026
2025
Balance
Balance
£
£
Group
Entities over which the group has control, joint control or significant influence
793,644
1,600,271
Company
Entities over which the company has control, joint control or significant influence
793,644
1,600,271
27
Cash generated from group operations
2026
2025
£
£
Profit after taxation
2,076,965
1,813,262
Adjustments for:
Share of results of associates and joint ventures
(211,042)
56,974
Taxation charged
216,012
666,237
Finance costs
468,063
792,012
Investment income
(71,184)
(2,275)
Gain on disposal of tangible fixed assets
(250)
(11,590)
Amortisation and impairment of intangible assets
31,595
61,502
Depreciation and impairment of tangible fixed assets
291,292
429,585
Foreign exchange gains on cash equivalents
-
(5,352)
Movements in working capital:
Increase in stocks
(194,807)
(168,954)
Decrease/(increase) in debtors
1,984,479
(5,167,604)
(Decrease)/increase in creditors
(2,045,957)
5,177,326
Cash generated from operations
2,545,166
3,641,123
Angus Soft Fruits Limited
Notes to the group financial statements (continued)
for the year ended 25 April 2026
- 40 -
28
Analysis of changes in net debt - group
27 April 2025
Cash flows
Exchange rate movements
25 April 2026
£
£
£
£
Cash at bank and in hand
2,540,004
(1,665,526)
18,751
893,229
Invoice financing facility
(7,034,355)
4,271,583
-
(2,762,772)
(4,494,351)
2,606,057
18,751
(1,869,543)
2026-04-25 2025-04-27 false false CCH Software CCH Accounts Production 2026.200 L M Porter W H Porter N L Redford J A C Gray J A G Gray N L Redford N L Redford false SC185769 bus:Consolidated 2025-04-27 2026-04-25 SC185769 2025-04-27 2026-04-25 SC185769 bus:RegisteredOffice 2025-04-27 2026-04-25 SC185769 bus:Director4 2025-04-27 2026-04-25 SC185769 2026-04-25 SC185769 bus:Consolidated 2026-04-25 SC185769 bus:Consolidated 2024-04-28 2025-04-26 SC185769 2024-04-28 2025-04-26 SC185769 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2024-04-28 2025-04-26 SC185769 core:IntangibleAssetsOtherThanGoodwill bus:Consolidated 2026-04-25 SC185769 core:IntangibleAssetsOtherThanGoodwill bus:Consolidated 2025-04-26 SC185769 core:IntangibleAssetsOtherThanGoodwill 2026-04-25 SC185769 core:IntangibleAssetsOtherThanGoodwill 2025-04-26 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar bus:Consolidated 2026-04-25 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar bus:Consolidated 2025-04-26 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar 2026-04-25 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar 2025-04-26 SC185769 bus:Consolidated 2025-04-26 SC185769 2025-04-26 SC185769 core:AfterOneYear bus:Consolidated 2026-04-25 SC185769 core:AfterOneYear bus:Consolidated 2025-04-26 SC185769 core:CurrentFinancialInstruments core:WithinOneYear bus:Consolidated 2026-04-25 SC185769 core:CurrentFinancialInstruments bus:Consolidated 2025-04-26 SC185769 core:Non-currentFinancialInstruments 2026-04-25 SC185769 core:Non-currentFinancialInstruments 2025-04-26 SC185769 core:CurrentFinancialInstruments core:WithinOneYear 2026-04-25 SC185769 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-26 SC185769 core:Non-currentFinancialInstruments core:AfterOneYear 2026-04-25 SC185769 core:Non-currentFinancialInstruments core:AfterOneYear 2025-04-26 SC185769 core:CurrentFinancialInstruments core:WithinOneYear bus:Consolidated 2025-04-26 SC185769 core:ShareCapital bus:Consolidated 2026-04-25 SC185769 core:ShareCapital bus:Consolidated 2025-04-26 SC185769 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2026-04-25 SC185769 core:RetainedEarningsAccumulatedLosses bus:Consolidated 2025-04-26 SC185769 core:ShareCapital 2026-04-25 SC185769 core:ShareCapital 2025-04-26 SC185769 core:RetainedEarningsAccumulatedLosses 2026-04-25 SC185769 core:RetainedEarningsAccumulatedLosses 2025-04-26 SC185769 core:ShareCapital bus:Consolidated 2024-04-27 SC185769 2024-04-27 SC185769 core:ShareCapital 2024-04-27 SC185769 core:RetainedEarningsAccumulatedLosses 2024-04-27 SC185769 bus:Consolidated 2024-04-27 SC185769 core:IntangibleAssetsOtherThanGoodwill 2025-04-27 2026-04-25 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar 2025-04-27 2026-04-25 SC185769 core:PlantMachinery 2025-04-27 2026-04-25 SC185769 core:FurnitureFittings 2025-04-27 2026-04-25 SC185769 core:ComputerEquipment 2025-04-27 2026-04-25 SC185769 core:MotorVehicles 2025-04-27 2026-04-25 SC185769 core:UKTax bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:UKTax bus:Consolidated 2024-04-28 2025-04-26 SC185769 bus:Consolidated 1 2025-04-27 2026-04-25 SC185769 bus:Consolidated 1 2024-04-28 2025-04-26 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar bus:Consolidated 2025-04-26 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar 2025-04-26 SC185769 core:PatentsTrademarksLicencesConcessionsSimilar bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:PlantMachinery bus:Consolidated 2025-04-26 SC185769 core:FurnitureFittings bus:Consolidated 2025-04-26 SC185769 core:ComputerEquipment bus:Consolidated 2025-04-26 SC185769 core:MotorVehicles bus:Consolidated 2025-04-26 SC185769 bus:Consolidated 2025-04-26 SC185769 core:PlantMachinery bus:Consolidated 2026-04-25 SC185769 core:FurnitureFittings bus:Consolidated 2026-04-25 SC185769 core:ComputerEquipment bus:Consolidated 2026-04-25 SC185769 core:MotorVehicles bus:Consolidated 2026-04-25 SC185769 core:PlantMachinery 2025-04-26 SC185769 core:FurnitureFittings 2025-04-26 SC185769 core:ComputerEquipment 2025-04-26 SC185769 core:MotorVehicles 2025-04-26 SC185769 2025-04-26 SC185769 core:PlantMachinery 2026-04-25 SC185769 core:FurnitureFittings 2026-04-25 SC185769 core:ComputerEquipment 2026-04-25 SC185769 core:MotorVehicles 2026-04-25 SC185769 core:PlantMachinery bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:FurnitureFittings bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:ComputerEquipment bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:MotorVehicles bus:Consolidated 2025-04-27 2026-04-25 SC185769 core:PlantMachinery bus:Consolidated 2025-04-26 SC185769 core:FurnitureFittings bus:Consolidated 2025-04-26 SC185769 core:ComputerEquipment bus:Consolidated 2025-04-26 SC185769 core:MotorVehicles bus:Consolidated 2025-04-26 SC185769 core:PlantMachinery 2025-04-26 SC185769 core:FurnitureFittings 2025-04-26 SC185769 core:ComputerEquipment 2025-04-26 SC185769 core:MotorVehicles 2025-04-26 SC185769 core:UnlistedNon-exchangeTraded bus:Consolidated 2026-04-25 SC185769 core:UnlistedNon-exchangeTraded bus:Consolidated 2025-04-26 SC185769 core:UnlistedNon-exchangeTraded 2026-04-25 SC185769 core:UnlistedNon-exchangeTraded 2025-04-26 SC185769 core:Subsidiary1 2025-04-27 2026-04-25 SC185769 core:Subsidiary2 2025-04-27 2026-04-25 SC185769 core:Subsidiary3 2025-04-27 2026-04-25 SC185769 core:Subsidiary4 2025-04-27 2026-04-25 SC185769 core:Subsidiary5 2025-04-27 2026-04-25 SC185769 core:Subsidiary6 2025-04-27 2026-04-25 SC185769 core:Subsidiary7 2025-04-27 2026-04-25 SC185769 core:Subsidiary1 1 2025-04-27 2026-04-25 SC185769 core:Subsidiary2 2 2025-04-27 2026-04-25 SC185769 core:Subsidiary3 3 2025-04-27 2026-04-25 SC185769 core:Subsidiary4 4 2025-04-27 2026-04-25 SC185769 core:Subsidiary5 5 2025-04-27 2026-04-25 SC185769 core:Subsidiary6 6 2025-04-27 2026-04-25 SC185769 core:Subsidiary7 7 2025-04-27 2026-04-25 SC185769 core:JointVenture1 2025-04-27 2026-04-25 SC185769 core:JointVenture2 2025-04-27 2026-04-25 SC185769 core:JointVenture3 2025-04-27 2026-04-25 SC185769 core:JointVenture4 2025-04-27 2026-04-25 SC185769 core:JointVenture5 2025-04-27 2026-04-25 SC185769 core:JointVenture1 1 2025-04-27 2026-04-25 SC185769 core:JointVenture2 2 2025-04-27 2026-04-25 SC185769 core:JointVenture3 3 2025-04-27 2026-04-25 SC185769 core:JointVenture4 4 2025-04-27 2026-04-25 SC185769 core:JointVenture5 5 2025-04-27 2026-04-25 SC185769 core:CurrentFinancialInstruments bus:Consolidated 2026-04-25 SC185769 core:CurrentFinancialInstruments 2026-04-25 SC185769 core:CurrentFinancialInstruments 2025-04-26 SC185769 core:CurrentFinancialInstruments bus:Consolidated 1 2026-04-25 SC185769 core:CurrentFinancialInstruments bus:Consolidated 1 2025-04-26 SC185769 core:CurrentFinancialInstruments 2 2026-04-25 SC185769 core:CurrentFinancialInstruments 2 2025-04-26 SC185769 core:Non-currentFinancialInstruments bus:Consolidated 3 2026-04-25 SC185769 core:Non-currentFinancialInstruments bus:Consolidated 4 2026-04-25 SC185769 core:Non-currentFinancialInstruments 5 2026-04-25 SC185769 core:Non-currentFinancialInstruments 3 2025-04-26 SC185769 core:WithinOneYear bus:Consolidated 2026-04-25 SC185769 core:WithinOneYear bus:Consolidated 2025-04-26 SC185769 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 1 2026-04-25 SC185769 core:Non-currentFinancialInstruments core:AfterOneYear bus:Consolidated 1 2025-04-26 SC185769 core:Non-currentFinancialInstruments core:AfterOneYear 2 2026-04-25 SC185769 core:Non-currentFinancialInstruments core:AfterOneYear 2 2025-04-26 SC185769 bus:PrivateLimitedCompanyLtd 2025-04-27 2026-04-25 SC185769 bus:FRS102 2025-04-27 2026-04-25 SC185769 bus:Audited 2025-04-27 2026-04-25 SC185769 bus:ConsolidatedGroupCompanyAccounts 2025-04-27 2026-04-25 SC185769 bus:Director1 2025-04-27 2026-04-25 SC185769 bus:Director2 2025-04-27 2026-04-25 SC185769 bus:Director3 2025-04-27 2026-04-25 SC185769 bus:Director5 2025-04-27 2026-04-25 SC185769 bus:Director6 2025-04-27 2026-04-25 SC185769 bus:CompanySecretary1 2025-04-27 2026-04-25 SC185769 bus:FullAccounts 2025-04-27 2026-04-25 xbrli:pure xbrli:shares iso4217:GBP