Harrogate Wholesale Meat Company (Scotland) Ltd

Registered number

07750527

Filleted Accounts

31 January 2026

Harrogate Wholesale Meat Company (Scotland) Ltd
Registered number:		07750527
Balance Sheet
as at 31 January 2026

Notes			2026			2025
£				£
Fixed assets
Tangible assets	3		197,333			-

Current assets
Stocks		535,604			808,298
Debtors	4	1,642,703			1,428,421
Cash at bank and in hand		17,535			43,580
		2,195,842			2,280,299

Creditors: amounts falling due within one year	5	(1,813,173)			(1,571,940)

Net current assets			382,669			708,359

Net assets			580,002			708,359

Capital and reserves
Called up share capital			2,000			2,000
Profit and loss account			578,002			706,359

Shareholders' funds			580,002			708,359

The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006.
The members have not required the company to obtain an audit in accordance with section 476 of the Act.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts.
The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies.




Miles Johnston
Director
Approved by the board on 11 May 2026

Harrogate Wholesale Meat Company (Scotland) Ltd
Notes to the Accounts
for the year ended 31 January 2026


1	Accounting policies

	Basis of preparation
	The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard).

	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 from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. 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.

	Tangible fixed assets
	Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows:

	Land and buildings	over 50 years
	Plant and machinery	over 3 years

	Stocks
	Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first in first out method. The carrying amount of stock sold is recognised as an expense in the period in which the related revenue is recognised.

	Debtors
	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 recognised 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.

	Creditors
	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.

	Taxation
	A current tax liability is recognised for the tax payable on the taxable profit of the current and past periods. A current tax asset is recognised in respect of a tax loss that can be carried back to recover tax paid in a previous period. Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 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, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Provisions
	Provisions (ie liabilities of uncertain timing or amount) are recognised when there is an obligation at the reporting date as a result of a past event, it is probable that economic benefit will be transferred to settle the obligation and the amount of the obligation can be estimated reliably.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Pensions
	Contributions to defined contribution plans are expensed in the period to which they relate.


2	Employees			2026		2025
Number					Number

	Average number of persons employed by the company			4		5


3	Tangible fixed assets
		Land and buildings		Plant and machinery etc		Total
£			£		£
	Cost
	At 1 February 2025	-		2,880		2,880
	Additions	200,000		-		200,000
	At 31 January 2026	200,000		2,880		202,880

	Depreciation
	At 1 February 2025	-		2,880		2,880
	Charge for the year	2,667		-		2,667
	At 31 January 2026	2,667		2,880		5,547

	Net book value
	At 31 January 2026	197,333		-		197,333


4	Debtors			2026		2025
£					£

	Trade debtors			1,274,249		1,063,777
	Other debtors			368,454		364,644
				1,642,703		1,428,421


5	Creditors: amounts falling due within one year			2026		2025
£					£

	Bank loans and overdrafts			38,906		78,028
	Trade creditors			922,431		632,254
	Taxation and social security costs			5,014		201,827
	Other creditors			846,822		659,831
				1,813,173		1,571,940


6	Loans			2026		2025
£					£
	Creditors include:

	Secured loans			828,566		641,555

	The secured loan within the company is from invoice factoring.


7	Related party transactions

	As at the year end, the directors owed the company a total of £243,535 (2025 - £61,617). This has been repaid in full after the year end along with the apporpriate interest.


8	Other information

	Harrogate Wholesale Meat Company (Scotland) Ltd is a private company limited by shares and incorporated in England. Its registered office is:
	Unit 7, Rose Centre
	Rose Avenue, Nether Poppleton
	York
	North Yorkshire
	YO26 6RX