Chapman's Good Food Company Ltd

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

Registered number: 06406182

		2026		2025
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		67,287		68,650

			67,287		68,650
CURRENT ASSETS
Stocks	5	8,663		7,352
Debtors	6	23,394		26,188
Cash at bank and in hand		30,002		47,190

		62,059		80,730
Creditors: Amounts Falling Due Within One Year	7	(99,843 )		(103,302 )

NET CURRENT ASSETS (LIABILITIES)			(37,784 )		(22,572 )

TOTAL ASSETS LESS CURRENT LIABILITIES			29,503		46,078

Creditors: Amounts Falling Due After More Than One Year	8		-		(6,162 )

PROVISIONS FOR LIABILITIES
Deferred Taxation			(3,458 )		-

NET ASSETS			26,045		39,916

CAPITAL AND RESERVES
Called up share capital	9		2		2
Profit and Loss Account			26,043		39,914

SHAREHOLDERS' FUNDS			26,045		39,916

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Chapman's Good Food Company Ltd

Balance Sheet (continued)

As At 28 February 2026

For the year ending 28 February 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 Toby Chapman

Director

18 September 2026

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

1. General Information

Chapman's Good Food Company Ltd is a private company, limited by shares, incorporated in England & Wales, registered number 06406182 . The registered office is Jackdaws, South Instow, Harmans Cross, Swanage, Dorset, BH19 3DS.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements are prepared under the historical cost convention and in accordance with the FRS 102 Section 1A Small Entities - The Financial Reporting Standard applicable in the UK and Republic of Ireland and the Companies Act 2006.

These financial statements are presented in pound sterling which is the functional currency of the company.

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 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.

2.3. 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	n/a
Plant & Machinery	25% Reducing Balance

Land and Leasehold Property is not depreciated on the grounds that it is the company's policy to maintain its property to a high standard.

2.4. 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.

2.5. Financial Instruments

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 measured 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.

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.

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Chapman's Good Food Company Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

2.6. 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.

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.

2.7. 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: 27 (2025: 22)

4. Tangible Assets

	Land & Property
	Leasehold	Plant & Machinery	Total
	£	£	£
Cost
As at 1 March 2025	53,455	66,173	119,628
Additions	-	2,771	2,771

As at 28 February 2026	53,455	68,944	122,399

Depreciation
As at 1 March 2025	-	50,978	50,978
Provided during the period	-	4,134	4,134

As at 28 February 2026	-	55,112	55,112

Net Book Value
As at 28 February 2026	53,455	13,832	67,287

As at 1 March 2025	53,455	15,195	68,650

Land and Leasehold Property is not depreciated on the grounds that it is the company's policy to maintain its property to a high standard.

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Chapman's Good Food Company Ltd

Notes to the Financial Statements (continued)

For The Year Ended 28 February 2026

5. Stocks

	2026	2025
	£	£
Finished goods	8,663	7,352

6. Debtors

	2026	2025
	£	£
Due within one year
Trade debtors	1,984	6,529
Other debtors	21,410	19,659

	23,394	26,188

7. Creditors: Amounts Falling Due Within One Year

	2026	2025
	£	£
Trade creditors	20,640	11,727
Bank loans and overdrafts	6,162	10,361
Other creditors	23,089	51,040
Taxation and social security	49,952	30,174

	99,843	103,302

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

	2026	2025
	£	£
Bank loans	-	6,162

9. Share Capital

	2026	2025
	£	£
Allotted, Called up and fully paid	2	2

10. Other Commitments

The total of future minimum lease payments under non-cancellable operating leases are as following:

	2026	2025
	£	£
Not later than one year	25,500	25,500
Later than one year and not later than five years	25,500	51,000

	51,000	76,500

11. Transition to FRS 102

The company has transitioned to FRS102 1a in the year ended 28 February 2026.

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