REGISTERED NUMBER: 05679637 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 January 2026

for

C & S MEATS (SMITHFIELD) LIMITED

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

Director:

Mr C Foley

Secretary:

Mr C Foley

Registered office:

3rd Floor

86-90 Paul Street

London

EC2A 4NE

Registered number:

05679637 (England and Wales)

Accountants:

Cooper Parry Advisory Limited

Broadwalk House, 5th Floor

5 Appold Street

Broadgate

London

EC2A 2AG

Fixed assets

Tangible assets

4

21,516

28,632

Current assets

Debtors

5

50,899

67,056

Cash at bank and in hand

57,814

66,555

108,713

133,611

Creditors

Amounts falling due within one year

6

(67,835

)

(82,896

)

Net current assets

40,878

50,715

Total assets less current liabilities

62,394

79,347

Creditors

Amounts falling due after more than one year

7

(10,846

)

(23,477

)

Provisions for liabilities

9

(5,379

)

(6,490

)

Net assets

46,169

49,380

Capital and reserves

Called up share capital

10

100

100

Retained earnings

46,069

49,280

Shareholders' funds

46,169

49,380

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 January 2026 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the director and authorised for issue on 27 October 2026 and were signed by:

Mr C Foley - Director

1.	Statutory information

C & S Meats (Smithfield) 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.	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.

Tangible fixed assets

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

Plant and machinery

-

25% on reducing balance

Computer equipment

-

25% on reducing balance

Financial instruments

Financial assets and financial liabilities are recognised in the balance sheet when the company becomes a party to the contractual provisions of the instrument.

Trade and other debtors and creditors are classified as basic financial instruments and measured at initial recognition at transaction price. Debtors and creditors are subsequently measured at amortised cost using the effective interest rate method. A provision is established when there is objective evidence that the company will not be able to collect all amounts due.

Cash and cash equivalents are classified as basic financial instruments and comprise cash in hand and at bank and bank overdrafts.

Financial liabilities and equity instruments issued by the company are classified in accordance with the substance of the contractual arrangements entered into and the definitions of a financial liability and an equity instrument. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities. Equity instruments issued by the company are recorded at the proceeds received, net of direct issue costs.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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

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.

Leasing and hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

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.

3.	Employees and directors

The average number of employees during the year was 2 (2025 - 2 ) .

4.	Tangible fixed assets

Plant and

Computer

machinery

equipment

Totals

£

£

£

Cost

At 1 February 2025

and 31 January 2026

39,645

628

40,273

Depreciation

At 1 February 2025

11,293

348

11,641

Charge for year

7,088

28

7,116

At 31 January 2026

18,381

376

18,757

Net book value

At 31 January 2026

21,264

252

21,516

At 31 January 2025

28,352

280

28,632

5.

Debtors: amounts falling due within one year

2026

2025

£

£

Trade debtors

49,349

65,000

Other debtors

1,550

2,056

50,899

67,056

6.

Creditors: amounts falling due within one year

2026

2025

£

£

Bank loans and overdrafts

3,334

10,000

Hire purchase contracts (see note 8)

9,297

9,297

Trade creditors

43,207

60,180

Taxation and social security

8,429

617

Other creditors

3,568

2,802

67,835

82,896

7.

Creditors: amounts falling due after more than one year

2026

2025

£

£

Bank loans

-

3,334

Hire purchase contracts (see note 8)

10,846

20,143

10,846

23,477

8.	Leasing agreements

Minimum lease payments fall due as follows:

Hire purchase contracts

2026

2025

£

£

Net obligations repayable:

Within one year

9,297

9,297

Between one and five years

10,846

20,143

----------

----------

20,143

29,440

======

======

9.	Provisions for liabilities

2026

2025

£

£

Deferred tax

5,379

6,490

Deferred tax

£

Balance at 1 February 2025

6,490

Credit to Statement of Income and Retained Earnings during year

(1,111

)

Balance at 31 January 2026

5,379

10.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2026

2025

value:

£

£

100

Ordinary

£1

100

100

11.	Director's advances, credits and guarantees

The following advances and credits to a director subsisted during the years ended 31 January 2026 and 31 January 2025:

2026

2025

£

£

Mr C Foley

Balance outstanding at start of year

(749

)

(1,740

)

Amounts advanced

40,297

88,341

Amounts repaid

(39,831

)

(87,350

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

(283

)

(749

)

Amounts advanced to the directors are interest free and repayable upon demand.