Greenaway Foods (NI) Ltd

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: NI651403

		2025		2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		94,874		115,542

			94,874		115,542
CURRENT ASSETS
Stocks	5	5,110		9,222
Debtors	6	96,327		199,242
Cash at bank and in hand		2,488		17,706

		103,925		226,170
Creditors: Amounts Falling Due Within One Year	7	(298,479 )		(440,877 )

NET CURRENT ASSETS (LIABILITIES)			(194,554 )		(214,707 )

TOTAL ASSETS LESS CURRENT LIABILITIES			(99,680 )		(99,165 )

Creditors: Amounts Falling Due After More Than One Year	8		(5,830 )		(24,357 )

NET LIABILITIES			(105,510 )		(123,522 )

CAPITAL AND RESERVES
Called up share capital	10		30		30
Profit and Loss Account			(105,540 )		(123,552 )

SHAREHOLDERS' FUNDS			(105,510)		(123,522)

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Greenaway Foods (NI) Ltd

Balance Sheet (continued)

As At 31 August 2025

For the year ending 31 August 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Ronald Greenaway

Director

25/08/2026

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

Greenaway Foods (NI) Ltd is a private company, limited by shares, incorporated in Northern Ireland, registered number NI651403 . The registered office is 67 Annaghbeg Road, Dungannon, Co. Tyrone, BT71 6HY.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Going Concern Disclosure

The directors have identified material uncertainties related to events or conditions that may cast significant doubt about the company's ability to continue as a going concern, however, the going concern basis remains appropriate.

2.3. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.4. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	15% reducing balance
Motor Vehicles	20% straight line
Fixtures & Fittings	20% staight line

2.5. Leasing and Hire Purchase Contracts

Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in the creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

2.6. Stocks and Work in Progress

Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 3 (2024: 8)

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Greenaway Foods (NI) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Fixtures & Fittings	Total
	£	£	£	£
Cost
As at 1 September 2024	195,087	32,696	4,073	231,856
Additions	-	-	599	599

As at 31 August 2025	195,087	32,696	4,672	232,455

Depreciation
As at 1 September 2024	102,461	11,690	2,163	116,314
Provided during the period	13,894	6,539	834	21,267

As at 31 August 2025	116,355	18,229	2,997	137,581

Net Book Value
As at 31 August 2025	78,732	14,467	1,675	94,874

As at 1 September 2024	92,626	21,006	1,910	115,542

5. Stocks

	2025	2024
	£	£
Stock	5,110	9,222

6. Debtors

	2025	2024
	£	£
Due within one year
Trade debtors	91,507	195,134
Other debtors	4,820	4,108

	96,327	199,242

7. Creditors: Amounts Falling Due Within One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	8,254	20,734
Trade creditors	189,940	290,476
Bank loans and overdrafts	35,288	38,959
Other creditors	64,075	88,066
Taxation and social security	922	2,642

	298,479	440,877

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Greenaway Foods (NI) Ltd

Notes to the Financial Statements (continued)

For The Year Ended 31 August 2025

8. Creditors: Amounts Falling Due After More Than One Year

	2025	2024
	£	£
Net obligations under finance lease and hire purchase contracts	5,830	11,375
Bank loans	-	12,982

	5,830	24,357

9. Obligations Under Finance Leases and Hire Purchase

	2025	2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	8,254	20,734
Later than one year and not later than five years	5,830	6,558
Later than five years	-	4,817

	14,084	32,109

	14,084	32,109

10. Share Capital

	2025	2024
	£	£
Called Up Share Capital not Paid	27	27
Called Up Share Capital has been paid up	3	3

Amount of Allotted, Called Up Share Capital	30	30

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