REGISTERED NUMBER: 04544534 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 DECEMBER 2025

FOR

MIKE MALONEY COUNTRY BUTCHERS AND BAKERS

LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J Maloney

A L Mellors

SECRETARY:

A L Mellors

REGISTERED OFFICE:

44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

REGISTERED NUMBER:

04544534 (England and Wales)

ACCOUNTANTS:

Beeley Hawley & Co. Ltd

Chartered Accountants

42-44 Nottingham Road

Mansfield

Nottinghamshire

NG18 1BL

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

208,401

247,790

208,401

247,790

CURRENT ASSETS

Stocks

198,235

204,180

Debtors

6

612,234

413,858

Cash at bank and in hand

58,241

83,068

868,710

701,106

CREDITORS

Amounts falling due within one year

7

868,776

689,735

NET CURRENT (LIABILITIES)/ASSETS

(66

)

11,371

TOTAL ASSETS LESS CURRENT LIABILITIES

208,335

259,161

CREDITORS

Amounts falling due after more than one year

8

(24,738

)

(25,775

)

PROVISIONS FOR LIABILITIES

(36,892

)

(44,203

)

NET ASSETS

146,705

189,183

CAPITAL AND RESERVES

Called up share capital

200

200

Retained earnings

146,505

188,983

SHAREHOLDERS' FUNDS

146,705

189,183

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 18 September 2026 and were signed on its behalf by:

A L Mellors - Director

1.	STATUTORY INFORMATION

Mike Maloney Country Butchers and Bakers Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Goodwill

Goodwill, being amounts paid in connection with the acquisition of the businesses less the value of assets acquired is amortised evenly over their estimated useful economic lives as follows:-

Business acquired in 2003 10 years

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

25% on cost, 20% on cost, 15% on cost, 10% on cost and Straight line over life of lease

Plant and machinery

-

25% on cost, 20% on cost, 15% on cost and 10% on cost

Fixtures and fittings

-

33% on cost, 15% on cost and 10% on cost

Motor vehicles

-

20% on reducing balance

Stocks

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

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

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.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 56 (2024 - 59 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 January 2025

and 31 December 2025

90,000

AMORTISATION

At 1 January 2025

and 31 December 2025

90,000

NET BOOK VALUE

At 31 December 2025

-

At 31 December 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 January 2025

1,574,191

Additions

33,586

At 31 December 2025

1,607,777

DEPRECIATION

At 1 January 2025

1,326,401

Charge for year

72,975

At 31 December 2025

1,399,376

NET BOOK VALUE

At 31 December 2025

208,401

At 31 December 2024

247,790

Assets held under hire purchase and finance lease contracts are included in the above at a net book value of £34,755 (2024: £95,883).

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

472,811

280,077

Amounts owed by group undertakings

83,334

86,590

Other debtors

56,089

47,191

612,234

413,858

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

347,626

161,908

Hire purchase contracts (see note 9)

10,946

36,528

Trade creditors

359,922

351,747

Tax

19,176

39,684

Social security and other taxes

61,110

29,748

Other creditors

15,487

12,277

Directors' loan accounts

4,120

16,888

Accrued expenses

50,389

40,955

868,776

689,735

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2 - 5 years

-

7,243

Hire purchase contracts (see note 9)

24,738

18,532

24,738

25,775

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

10,946

36,528

Between one and five years

24,738

18,532

35,684

55,060

Non-cancellable

operating leases

2025

2024

£

£

Within one year

24,000

24,000

Between one and five years

48,000

72,000

72,000

96,000

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Bank overdrafts

340,384

151,886

Bank loans

7,242

17,265

Hire purchase contracts

35,684

55,060

383,310

224,211

Included within bank overdrafts is £340,383 (2024: £151,885) in respect of an invoice discounting facility.

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

Creditors includes £4,121 (2024 : £16,888) relating to a directors' loan account balance with Mr M Maloney. During the year £30,667 was advanced by the company and £17,900 was repaid in respect of this loan.

Debtors includes £35,284 (2024 : £26,463) relating to a directors' loan account balance with Mrs A Mellors. During the year £60,821 was advanced by the company and £52,000 was repaid in respect of this loan. All stated amounts are aggregates. The loans were interest free and repayable under no specific terms.

The directors have each provided a personal guarantee of £20,000 in support of an invoice discounting facility.

12.	RELATED PARTY DISCLOSURES

At the year end £83,334 (2024 : £86,590) was owed to the company by the parent company.