Registration number: 00958378

Stute Foods Limited

Contents

Balance Sheet	1 to 2
Notes to the Unaudited Financial Statements	3 to 7

Stute Foods Limited

(Registration number: 00958378)
Balance Sheet as at 31 December 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	491,120	898,135
Current assets
Stocks	5	200,399	166,835
Debtors	6	702,163	684,673
Cash at bank and in hand		1,299,603	530,200
		2,202,165	1,381,708
Creditors: Amounts falling due within one year	7	(1,145,549)	(742,411)
Net current assets		1,056,616	639,297
Total assets less current liabilities		1,547,736	1,537,432
Provisions for liabilities		-	(45,050)
Net assets		1,547,736	1,492,382
Capital and reserves
Called up share capital		100	100
Revaluation reserve		-	570,902
Retained earnings		1,547,636	921,380
Shareholders' funds		1,547,736	1,492,382

Stute Foods Limited

(Registration number: 00958378)
Balance Sheet as at 31 December 2025

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

Directors' responsibilities:

•	The members have not required the Company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 21 July 2026 and signed on its behalf by:
 

L Hybs Director

Stute Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales.

The address of its registered office is:
2 Westbury Mews
Westbury On Trym
Bristol
BS9 3QA

These financial statements were authorised for issue by the Board on 21 July 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements are prepared in sterling, which is the functional and presentational currency of the company, and rounded to the nearest £.

Going concern

The director is confident that the company has adequate resources and accordingly the company has continued to prepare its financial statements on a going concern basis.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the Companies' activities. Turnover is shown net of value added tax, returns, rebates and discounts.

The Company recognises revenue when all of the following conditions are satisfied:
- the amount of revenue can be reliably measured;
- all of the significant risks and rewards of ownership have been transferred to the customer;
- the entity retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the good sold;
- the costs incurred or to be incurred in respect of the transaction can be measured reliably;
- it is probable that future economic benefits will flow to the entity; and
- specific criteria have been met for each of the company's activities.

Finance income and costs policy

Interest income and expenses are recognised using the effective interest rate method.

Stute Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rates prevailing on the initial transaction dates.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the Company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the consolidated financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost or valuation, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation so as to write them down to residual values.

Asset class	Depreciation method and rate
Freehold buildings	Straight line over 50 years
Motor vehicles	Straight line over 4 years
Office and computer equipment	Straight line over 4 years

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the weighted average method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Stute Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

Debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Trade creditors are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the Company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year was 6 (2024 - 6).

Stute Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

4	Tangible assets

	Freehold land and buildings £	Office equipment £	Motor vehicles  £	Total £
Cost or valuation
At 1 January 2025	800,000	238,805	225,836	1,264,641
Additions	396,799	1,406	56,800	455,005
Disposals	(800,000)	(210,151)	(48,000)	(1,058,151)
At 31 December 2025	396,799	30,060	234,636	661,495
Depreciation
At 1 January 2025	-	237,931	128,575	366,506
Charge for the year	3,968	643	37,409	42,020
Eliminated on disposal	-	(210,151)	(28,000)	(238,151)
At 31 December 2025	3,968	28,423	137,984	170,375
Carrying amount
At 31 December 2025	392,831	1,637	96,652	491,120
At 31 December 2024	800,000	874	97,261	898,135

Included within the net book value of land and buildings above is £392,831 (2024 - £800,000) in respect of freehold land and buildings.
 

5

Stocks

	2025 £	2024 £
Finished goods and goods for resale	200,399	166,835

6

Debtors

	2025 £	2024 £
Trade debtors	684,249	645,695
Other debtors	-	12,680
Prepayments	17,914	26,298
	702,163	684,673

Stute Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 December 2025

7

Creditors

Due within one year	Note	2025 £	2024 £
Trade creditors		570,302	267,958
Social security and other taxes		47,689	23,722
Other creditors		-	1,920
Accruals		523,814	448,811
Corporation tax liability		3,744	-
		1,145,549	742,411