REGISTERED NUMBER: 00723045 (England and Wales)

AUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 JANUARY 2026

FOR

REAPER LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

R J T A Bracewell

J H G A Bracewell

M V Powys

SECRETARY:

R J T A Bracewell

REGISTERED OFFICE:

The Albert Suite

Unit 2 Revolution Park

Buckshaw Avenue, Buckshaw Village

Chorley

Lancashire

PR7 7DW

REGISTERED NUMBER:

00723045 (England and Wales)

SENIOR STATUTORY AUDITOR:

Anthony Mills FCA

AUDITORS:

ma2 Limited

Chartered Accountants and Statutory Auditor

5 Crescent East

Thornton Cleveleys

Lancashire

FY5 3LJ

CURRENT ASSETS

Stocks

6

7,856,524

7,618,750

Debtors

7

8,813,455

4,061,797

Cash at bank

369,550

5,119,984

17,039,529

16,800,531

CREDITORS

Amounts falling due within one year

8

449,186

654,347

NET CURRENT ASSETS

16,590,343

16,146,184

TOTAL ASSETS LESS CURRENT LIABILITIES

16,590,343

16,146,184

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

16,589,343

16,145,184

SHAREHOLDERS' FUNDS

16,590,343

16,146,184

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 23 July 2026 and were signed on its behalf by:

R J T A Bracewell - Director

1.	STATUTORY INFORMATION

Reaper 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.

The presentation currency of the financial statements is the Pound Sterling (£).

2.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention.

Preparation of consolidated financial statements

The financial statements contain information about Reaper Limited as an individual company and do not contain consolidated financial information as the parent of a group. The company is exempt under Section 400 of the Companies Act 2006 from the requirements to prepare consolidated financial statements as it and its subsidiary undertaking are included by full consolidation in the consolidated financial statements of its parent, GA Pet Food Partners Group Limited, The Albert Suite, Unit 2 Revolution Park, Buckshaw Avenue, Buckshaw Village, Chorley, Lancashire, PR7 7DW.

Related party exemption

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

Turnover

Turnover represents sales of land held as trading stock during the year.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off the cost less estimated residual value of each asset over its estimated useful life.

Plant and machinery

-

25% on reducing balance

Stocks

Stock is valued at the lower of cost and net realisable value.

Financial instruments

A financial instrument is a contract that gives rise to a financial asset of one entity and a financial liability or equity instrument of another entity. They are recognised when the company becomes party to the contractual provisions of the instrument.

The following assets and liabilities are classified as basic financial instruments - cash at bank, debtors : amounts falling due within one year and creditors : amounts falling due within one year. They are measured at the transaction price less any known impairment, unless the arrangement indicates otherwise, in which case they would be measured at the present value of the future receipts discounted at the market rate of interest.

Bank loan, and loan from the company's own retirement benefits scheme payable after more than one year are classified as basic financial instruments in accordance with FRS 102 and are also measured at the transaction price less any known impairment.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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.

Pension costs and other post-retirement benefits

Pension payments, when made, are to the company's self administered scheme as recommended by the Scheme's advisers. The pension scheme was a defined benefits scheme, which transitioned into a defined contributions scheme in March 2024. Contributions payable for the year are charged to the profit and loss account if due. No contributions were due in the year.

Revenue recognition

Turnover is recognised when a contract for the sale of property becomes unconditional.

Rents receivable are recognised when under the terms of a lease agreement rental receipts become due on an accruals basis.

Bank deposit interest is recognised when it is receiveable.

Other interest is accounted for on an accruals basis relating to interest receivable during the period.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

£

COST

At 1 February 2025

and 31 January 2026

8,460

DEPRECIATION

At 1 February 2025

and 31 January 2026

8,460

NET BOOK VALUE

At 31 January 2026

-

At 31 January 2025

-

6.

STOCKS

31.1.26

31.1.25

£

£

Stock of land

7,856,524

7,618,750

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Trade debtors

16,147

797

Amounts owed by group undertakings

8,256,210

4,000,000

Directors' current accounts

540,000

-

VAT

1,098

61,000

8,813,455

4,061,797

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.1.26

31.1.25

£

£

Bank loans and overdrafts

-

187,500

Trade creditors

18,687

11,592

Tax

177,799

204,031

Social security and other taxes

491

407

Other creditors and accruals

174,852

200,580

R2 Co-owner loan

77,357

50,237

449,186

654,347

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.1.26

31.1.25

£

£

Bank loans

-

187,500

The legal charge was satisfied on 19 December 2025, so the security has been lifted.

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Anthony Mills FCA (Senior Statutory Auditor)

for and on behalf of ma2 Limited

11.	RELATED PARTY DISCLOSURES

12.	ULTIMATE CONTROLLING PARTY