Venus Foods Limited

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—6

Registered number: 04602833

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		456,065		430,387

			456,065		430,387
CURRENT ASSETS
Stocks	5	962,540		836,360
Debtors	6	1,840,217		1,940,643
Cash at bank and in hand		64,282		74,821

		2,867,039		2,851,824
Creditors: Amounts Falling Due Within One Year	7	(1,560,178 )		(1,501,990 )

NET CURRENT ASSETS (LIABILITIES)			1,306,861		1,349,834

TOTAL ASSETS LESS CURRENT LIABILITIES			1,762,926		1,780,221

Creditors: Amounts Falling Due After More Than One Year	8		(104,713 )		(71,070 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(10,506 )		(13,439 )

NET ASSETS			1,647,707		1,695,712

CAPITAL AND RESERVES
Called up share capital	10		5		5
Profit and Loss Account			1,647,702		1,695,707

SHAREHOLDERS' FUNDS			1,647,707		1,695,712

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Venus Foods Limited

Balance Sheet (continued)

As At 31 March 2026

For the year ending 31 March 2026 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 Garip Esengul

Director

17 September 2026

The notes on pages 3 to 6 form part of these financial statements.

1. General Information

Venus Foods Limited is a private company, limited by shares, incorporated in England & Wales, registered number 04602833 . The registered office is 1 Ferris Street, Openshaw, Manchester, M11 1AF.

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.

The financial statements are presented in pounds sterling, which is the functional currency of the company.

Monetary amounts in these financial statements are rounded to the nearest £.

2.2. 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.

2.3. 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:

Leasehold Improvements	10% on cost
Plant & Machinery	20% on reducing balance
Motor Vehicles	20% on reducing balance
Fixtures & Fittings	20% on reducing balance
Computer Equipment	20% on reducing balance

2.4. Leasing and Hire Purchase Contracts

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the

lease.

2.5. Stocks and Work in Progress

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

2.6. Foreign Currencies

Monetary assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate ruling on the date of the transaction. Exchange differences are taken into account in arriving at the operating profit.

2.7. Taxation

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

The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.

Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.

...CONTINUED

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Venus Foods Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

2.7. Taxation - continued

Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.

Current and deferred tax are recognised in profit or loss for the year, except when they relate to items that are recognised in other comprehensive income or directly in equity, in which case current and deferred tax are recognised in other comprehensive income or directly in equity respectively.

2.8. Pensions

The company operates a defined pension contribution scheme. Contributions are charged to the profit and loss account as they become payable in accordance with the rules of the scheme.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 40 (2025: 40)

4. Tangible Assets

	Land & Property
	Leasehold Improvements	Plant & Machinery	Motor Vehicles	Fixtures & Fittings
	£	£	£	£
Cost
As at 1 April 2025	108,315	150,686	587,231	478,687
Additions	-	19,806	102,803	280

As at 31 March 2026	108,315	170,492	690,034	478,967

Depreciation
As at 1 April 2025	81,365	81,097	314,729	422,278
Provided during the period	10,832	17,504	61,029	11,300

As at 31 March 2026	92,197	98,601	375,758	433,578

Net Book Value
As at 31 March 2026	16,118	71,891	314,276	45,389

As at 1 April 2025	26,950	69,589	272,502	56,409


	Computer Equipment	Total
	£	£
Cost
As at 1 April 2025	28,781	1,353,700
Additions	5,406	128,295

As at 31 March 2026	34,187	1,481,995

Depreciation
As at 1 April 2025	23,844	923,313
Provided during the period	1,952	102,617

As at 31 March 2026	25,796	1,025,930

...CONTINUED

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Venus Foods Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

Net Book Value
As at 31 March 2026	8,391	456,065

As at 1 April 2025	4,937	430,387

5. Stocks

	2026	2025
	£	£
Stock	962,540	836,360

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	968,762	1,062,332
Prepayments and accrued income	24,153	53,491
Other debtors	822,690	817,788
VAT	24,612	7,032

	1,840,217	1,940,643

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	48,421	70,569
Trade creditors	936,027	783,071
Bank loans and overdrafts	40,372	103,933
Other creditors	607,568	608,986
Taxation and social security	(72,210 )	(64,569 )

	1,560,178	1,501,990

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

	2026	2025
	£	£
Net obligations under finance lease and hire purchase contracts	104,713	71,070

9. Obligations Under Finance Leases and Hire Purchase

	2026	2025
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	71,162	85,513
Later than one year and not later than five years	104,713	71,070

	175,875	156,583
Less: Finance charges allocated to future periods	22,741	14,944

	153,134	141,639

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Venus Foods Limited

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2026

10. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	5	5

11. Dividends

	2026	2025
	£	£
On equity shares:
Final dividend paid	93,605	113,441

12. Reserves

	Profit and Loss Account
	£
As at 1 April 2025	1,695,707
Profit for the year and total comprehensive income	45,600

Dividends paid	(93,605)

As at 31 March 2026	1,647,702

13. Related Party Transactions

Included in other debtors £531,835 (2025: £531,835) represents loans made to Venus Properties & Developments Limited and £285,953 (2025: £285,953) to Venus Foods Bolton Limited in which Mr G Esengul and Mrs F Esengul are also directors and 100% shareholders.

Included in other creditors £200,000 (2025: £100,000) represents loan made from Venus Foods (Leeds) limited and £292,000 (2025: £292,000) from Venus Foods Manchester Limited in which Mr G Esengul and Mrs F Esengul are also directors and 100% shareholders.

14. Ultimate Controlling Party

The company's ultimate controlling party is Mr G Esengul and Mrs F Esengul by virtue of his ownership of 100% of the issued share capital in the company.

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