FCN FROZEN FOODS LTD - Filleted accounts

Registered number

11258210

FCN FROZEN FOODS LTD

Filleted Accounts

31 December 2025

FCN FROZEN FOODS LTD
Registered number:		11258210
Balance Sheet
as at 31 December 2025

Notes			2025			2024
£				£
Fixed assets
Tangible assets	3		1,316,878			1,390,332

Current assets
Stocks		173,871			189,140
Debtors	4	233,358			168,394
Cash at bank and in hand		33,648			99,803
		440,877			457,337

Creditors: amounts falling due within one year	5	(394,353)			(531,063)

Net current assets/(liabilities)			46,524			(73,726)

Total assets less current liabilities			1,363,402			1,316,606

Creditors: amounts falling due after more than one year	6		(1,245,560)			(1,271,846)

Provisions for liabilities			(35,825)			(38,617)


Net assets			82,017			6,143

Capital and reserves
Called up share capital			2			2
Profit and loss account			82,015			6,141

Shareholders' funds			82,017			6,143

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Chris Milner
Director
Approved by the board on 15 September 2026

FCN FROZEN FOODS LTD
Notes to the Accounts
for the year ended 31 December 2025


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:
	Land & Buildings			over 25 years
	Plant and machinery			over 6-7 years
	Fixtures, fittings, tools and equipment			over 3 years
	Motor Vehicles			over 5 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Leased assets
	A lease is classified as a finance lease if it transfers substantially all the risks and rewards incidental to ownership. All other leases are classified as operating leases. The rights of use and obligations under finance leases are initially recognised as assets and liabilities at amounts equal to the fair value of the leased assets or, if lower, the present value of the minimum lease payments. Minimum lease payments are apportioned between the finance charge and the reduction in the outstanding liability using the effective interest rate method. The finance charge is allocated to each period during the lease so as to produce a constant periodic rate of interest on the remaining balance of the liability. Leased assets are depreciated in accordance with the company's policy for tangible fixed assets. If there is no reasonable certainty that ownership will be obtained at the end of the lease term, the asset is depreciated over the lower of the lease term and its useful life. Operating lease payments are recognised as an expense on a straight line basis over the lease term.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees					2025		2024
Number							Number

	Average number of persons employed by the company					14		12


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Motor vehicles		Total
£			£		£		£
	Cost
	At 1 January 2025	1,231,741		261,842		64,735		1,558,318
	Additions	-		1,576		30,145		31,721
	Disposals	-		-		(6,800)		(6,800)
	At 31 December 2025	1,231,741		263,418		88,080		1,583,239

	Depreciation
	At 1 January 2025	71,588		74,065		22,333		167,986
	Charge for the year	49,149		37,068		16,088		102,305
	On disposals	-		-		(3,930)		(3,930)
	At 31 December 2025	120,737		111,133		34,491		266,361

	Net book value
	At 31 December 2025	1,111,004		152,285		53,589		1,316,878
	At 31 December 2024	1,160,153		187,777		42,402		1,390,332


4	Debtors					2025		2024
£							£

	Trade debtors					171,640		127,802
	Other debtors					61,718		40,592
						233,358		168,394


5	Creditors: amounts falling due within one year					2025		2024
£							£

	Bank loans and overdrafts					24,000		20,000
	Trade creditors					345,281		487,664
	Taxation and social security costs					16,146		6,071
	Other creditors					8,926		17,328
						394,353		531,063


6	Creditors: amounts falling due after one year					2025		2024
£							£

	Bank loans					735,758		762,044
	Other creditors					509,802		509,802
						1,245,560		1,271,846


7	Related party transactions

	During the period the company purchased goods totalling £1,561,048 (2024 £1,297,160), claimed rebates totalling £107,540 (2024 £134,107) and received a loan totalling £Nil (2024 - £Nil) from Consort Frozen Foods Ltd, a company with a participating interest. The balance outstanding at the year end was £512,521 (2024 £671,110). During the period the company purchased goods totalling £19,344 (2024 £35,553),sold goods totalling £25,702 (2024 £24,203) from Direct Wholesale Foods Ltd, a wholly owned subsidairy of Consort Frozen Foods Ltd, a company with a participating interest. The balance outstanding at the year end to/from Direct Wholesale Foods Ltd was £2,124 (2024 £6). During the period the company purchased services and assets totalling £126,255 (2024 £125,000),received a loan totalling £Nil (2024 - £Nil) and sold services/recharges totalling £3,594 (2024 £Nil) to FCN Ltd, a company with a participating interest, the balance outstanding at the year end was £298,554 (2024 £263,326).


8	Controlling party

	The company is controlled by the directors.


9	Other information

	FCN FROZEN FOODS LTD is a private company limited by shares and incorporated in England. Its registered office is:
	45 Birchfields Rise
	Leeds
	LS14 2HU