Todd Meat Trading Company Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 02403553 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2026

FOR

TODD MEAT TRADING COMPANY LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R K Todd

Mrs L Deller

S Akhurst

C M Brackenbury

SECRETARY:

Mrs L Deller

REGISTERED OFFICE:

The Nucleus Business & Innovation Centre

Brunel Way

Dartford

Kent

DA1 5GA

REGISTERED NUMBER:

02403553 (England and Wales)

ACCOUNTANTS:

Sargeant Partnership Limited

Chartered Accountants

5 White Oak Square

London Road

Swanley

Kent

BR8 7AG

FIXED ASSETS

Investments

4

81,001

CURRENT ASSETS

Stocks

1,062,147

803,646

Debtors

5

3,510,373

3,091,156

Cash at bank and in hand

689,627

1,014,500

5,262,147

4,909,302

CREDITORS

Amounts falling due within one year

6

2,185,176

1,987,163

NET CURRENT ASSETS

3,076,971

2,922,139

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,157,972

3,003,140

CAPITAL AND RESERVES

Called up share capital

7

92,000

Retained earnings

8

3,065,972

2,911,140

SHAREHOLDERS' FUNDS

3,157,972

3,003,140

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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 26 October 2026 and were signed on its behalf by:

R K Todd - Director

Mrs L Deller - Director

1.	STATUTORY INFORMATION

Todd Meat Trading Company 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 represents amounts receivable from meat and poultry wholesale, net of VAT and trade discounts.

Revenue is recognised when goods have been delivered to the customer.

Tangible fixed assets

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

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

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.

Functional currency

The functional currency of the company is the Great British Pound ("GBP"). Monetary assets and liabilities denominated in currencies other than the functional currency are translated into the functional currency at rates of exchange prevailing at the balance sheet dates. Transactions denominated in currencies other than the functional currency are translated into the functional currency at the exchange rates prevailing at the dates of the transaction. Exchange gains or losses arising from the foreign currency transactions are included in the determination of net income (loss) for the respective periods.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 11 ) .

4.	FIXED ASSET INVESTMENTS

Shares in

group

undertakings

£

COST

At 1 April 2025

and 31 March 2026

81,001

NET BOOK VALUE

At 31 March 2026

81,001

At 31 March 2025

81,001

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade debtors

3,494,553

3,077,235

Other debtors

2,412

VAT

12,821

10,796

Prepayments

587

713

3,510,373

3,091,156

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2026

2025

£

Trade creditors

2,002,192

1,809,814

Tax

163,005

153,898

Social security and other taxes

19,290

22,790

Other creditors

689

661

2,185,176

1,987,163

A debenture dated June 2007 was created for securing all monies due to National Westminster Bank plc.

7.	CALLED UP SHARE CAPITAL

Allotted and issued:

Number:

Class:

Nominal

2026

2025

value:

£

92,000

Share capital 1

£1

92,000

8.

RESERVES

Retained

earnings

£

At 1 April 2025

2,911,140

Profit for the year

474,832

Dividends

(320,000

)

At 31 March 2026

3,065,972

9.	RELATED PARTY DISCLOSURES

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.

10.	ULTIMATE CONTROLLING PARTY

The controlling party is Todd Meat Holdings Limited.

The ultimate controlling party is C M Brackenbury.