Registration number: 04553203

Cottom Foods Limited

Contents

Company Information	1
Balance Sheet	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Cottom Foods Limited

Company Information

Director

W R Munro

Registered office

1 Holt Lane Liverpool L27 2YB

Cottom Foods Limited

(Registration number: 04553203)
Balance Sheet as at 31 January 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	1,053,041	1,108,085
Current assets
Stocks	5	138,704	134,277
Debtors	6	2,166,707	1,175,697
Cash at bank and in hand		123,166	463,850
		2,428,577	1,773,824
Creditors: Amounts falling due within one year	7	(476,495)	(515,301)
Net current assets		1,952,082	1,258,523
Total assets less current liabilities		3,005,123	2,366,608
Creditors: Amounts falling due after more than one year	7	(64,534)	(130,392)
Provisions for liabilities		(256,307)	(262,822)
Net assets		2,684,282	1,973,394
Capital and reserves
Called up share capital	8	100	100
Retained earnings		2,684,182	1,973,294
Shareholders' funds		2,684,282	1,973,394

For the financial year ending 31 January 2026 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

•	The member has not required the company to obtain an audit of its accounts for the year in question in accordance with section 476; and
•	The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

Cottom Foods Limited

(Registration number: 04553203)
Balance Sheet as at 31 January 2026

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the director has not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the director on 24 October 2026
 

......................................... W R Munro Director

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

1	General information

The company is a private company limited by share capital, incorporated in England and Wales..

The address of its registered office is:
1 Holt Lane
Liverpool
L27 2YB

These financial statements were authorised for issue by the director on 24 October 2026.

2	Accounting policies

Summary of signifcant accounting policies

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Revenue recognition

Turnover from the sale of goods is recognised upon delivery. Turnover is measured on the invoice price, net of VAT.

Other Operating Income

Other operating income includes staff costs recharged to a fellow group company at cost.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial except those relating to unrelieved tax losses and other deferred tax assets are recognised when it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference.

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

2	Accounting policies (continued)

Tangible assets

Tangible fixed assets are stated at cost less accumulated depreciation and any accumulated impairment losses. Cost includes the purchase price and any directly attributable costs incurred in bringing the asset to the location and condition necessary for it to operate.

Where an item of tangible fixed assets comprises major components with different useful economic lives, the components are accounted for as separate items. However, the directors have reviewed the group's assets and believe that there are currently no material components with shorter useful lives than the underlying principal assets.

The assets' residual values and useful lives are reviewed and adjusted, if appropriate, at each balance sheet date.

Depreciation

Depreciation is calculated to write off the cost of assets, less their estimated residual value, over the useful economic lives. In the year of acquisition, a proportionate depreciation charge is applied based on the time the asset is available for use. No depreciation is charged in the year of disposal. Depreciation is charged so as to write off the cost of assets, other than land and properties under construction, as follows:

Asset class	Depreciation method and rate
Motor vehicles	25% on cost
Plant and machinery	15% reducing balance
Furniture and fittings	20% on cost
Computer equipment	40% on cost

Trade debtors

Trade debtors are amounts due from customers for goods sold in the ordinary course of business.

Trade debtors are recognised at the transaction price. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Stocks

Stocks comprises manufactured meat products, work in progress, and raw materials are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct raw materials and where applicable, direct labor costs, and an appropriate proportion of production overheads incurred in bringing the inventories to their present location and condition.

At each reporting date, stocks are assessed for impairment. Any stock that is past its useable life is written off and recognized immediately in profit or loss.

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

2	Accounting policies (continued)

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at face value.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.Where the company transfers substantially all the risks and rewards of ownership, the arrangement is classified as a finance lease and a receivable is recognised at an amount equal to the net investment in the lease. Recognition of finance income is based on a pattern reflecting a constant periodic rate of return on the lessor's net investment in the finance lease.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distributions to the company’s shareholders are recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

2	Accounting policies (continued)

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

3	Staff numbers

The average number of persons employed by the company (including the director) during the year, was 35 (2025 - 32).

4	Tangible assets

	Furniture, fittings and equipment  £	Motor vehicles  £	Total £
Cost or valuation
At 1 February 2025	1,891,500	263,650	2,155,150
Additions	135,486	30,350	165,836
At 31 January 2026	2,026,986	294,000	2,320,986
Depreciation
At 1 February 2025	939,876	107,189	1,047,065
Charge for the year	157,332	63,548	220,880
At 31 January 2026	1,097,208	170,737	1,267,945
Carrying amount
At 31 January 2026	929,778	123,263	1,053,041
At 31 January 2025	951,624	156,461	1,108,085

Included within the net book value of land and buildings above is £Nil (2025 - £Nil) in respect of freehold land and buildings and £Nil (2025 - £Nil) in respect of short leasehold land and buildings.
 

5

Stocks

	2026 £	2025 £
Finished goods and goods for resale	138,704	134,277

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

6

Debtors

Current	Note	2026 £	(As restated) 2025 £
Trade debtors		478,268	406,863
Amounts owed by group undertakings		1,542,767	673,452
Amounts owed by related parties	10	1,073	353
Prepayments		56,588	69,690
Other debtors		88,011	25,339
		2,166,707	1,175,697

Amounts owed by group undertakings are unsecured, interest-free and repayable on demand.

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

7

Creditors

Creditors: amounts falling due within one year

	Note	2026 £	2025 £
Due within one year
Loans and borrowings	9	83,016	130,307
Trade creditors		321,352	222,169
Taxation and social security		21,834	134,213
Accruals and deferred income		42,428	24,606
Other creditors		7,865	4,006
		476,495	515,301

Creditors: amounts falling due after more than one year

	Note	2026 £	2025 £
Due after one year
Loans and borrowings	9	64,534	130,392

8	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary of £1 each	100	100	100	100

9	Loans and borrowings

	2026 £	2025 £
Non-current loans and borrowings
Finance lease liabilities	64,534	130,392

	2026 £	2025 £
Current loans and borrowings
Bank borrowings	-	53,867
Finance lease liabilities	83,016	76,440
	83,016	130,307

Cottom Foods Limited

Notes to the Unaudited Financial Statements for the Year Ended 31 January 2026

9	Loans and borrowings (continued)

Other borrowings

The net book value of assets held under finance leases at year end is £213,323 (2025 - £250,035). The finance leases are secured on the assets to which they relate.

10	Related party transactions

Transactions with the director

2026	At 1 February 2025 £	Advances to director £	At 31 January 2026 £
Director's loan account, repayable on demand, interest charged at the official rate.	353	719	1,073

2025	At 1 February 2024 £	At 31 January 2025 £
Director's loan account, repayable on demand, interest charged at the official rate.	353	353