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Registered number: 02086267
Bodiam Meat Company Limited
Financial Statements
For The Year Ended 30 September 2025
Olive Pine Accountancy Ltd
MAAT
13 Napier House Elva Way
Bexhill On Sea
East Sussex
TN39 5BF
Contents
Page
Balance Sheet 1—2
Notes to the Financial Statements 3—5
Page 1
Balance Sheet
Registered number: 02086267
2025 2024
Notes £ £ £ £
FIXED ASSETS
Tangible Assets 4 91,550 118,991
91,550 118,991
CURRENT ASSETS
Stocks 5 173,170 99,251
Debtors 6 1,014,071 799,765
Cash at bank and in hand 86,994 9,375
1,274,235 908,391
Creditors: Amounts Falling Due Within One Year 7 (950,718 ) (630,371 )
NET CURRENT ASSETS (LIABILITIES) 323,517 278,020
TOTAL ASSETS LESS CURRENT LIABILITIES 415,067 397,011
Creditors: Amounts Falling Due After More Than One Year 8 (2,103 ) (85,608 )
NET ASSETS 412,964 311,403
CAPITAL AND RESERVES
Called up share capital 10 100 100
Profit and Loss Account 412,864 311,303
SHAREHOLDERS' FUNDS 412,964 311,403
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For the year ending 30 September 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.
The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.
On behalf of the board
Mr Edmund Middleton
Director
25/11/2025
The notes on pages 3 to 5 form part of these financial statements.
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Notes to the Financial Statements
1. General Information
Bodiam Meat Company Limited is a private company, limited by shares, incorporated in England & Wales, registered number 02086267 . The registered office is Units 4-7 Beeching Park Industrial Estate, Wainwright Road, Bexhill-On-Sea, East Sussex, TN39 3UR.
2. Accounting Policies
2.1. Basis of Preparation of Financial Statements
The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.
2.2. 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 is reduced for estimated customer returns, rebates and other similar allowances.
Sale of goods
Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.
Rendering of services
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. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.
2.3. Tangible Fixed Assets and Depreciation
Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:
Plant & Machinery 20% Reducing Balance
Motor Vehicles 20% Reducing Balance
Fixtures & Fittings 20% Reducing Balance
2.4. Leasing and Hire Purchase Contracts
Assets obtained under finance leases are capitalised as tangible fixed assets. Assets acquired under finance leases are depreciated over the shorter of the lease term and their useful lives. Assets acquired under hire purchase contracts 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 the 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.
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.
2.5. Stocks and Work in Progress
Stocks and work in progress are valued at the lower of cost and net realisable value after making due allowance for obsolete and slow-moving stocks. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Work-in-progress is reflected in the accounts on a contract by contract basis by recording turnover and related costs as contract activity progresses.
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2.6. Taxation
Income tax expense represents the sum of the tax currently payable and deferred tax.
The tax currently payable is based on taxable profit for the year. Taxable profit differs from profit as reported in the statement of comprehensive income because of items of income or expense that are taxable or deductible in other years and items that are never taxable or deductible. The company's liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the end of the reporting period.
Deferred tax is recognised on timing differences between the carrying amounts of assets and liabilities in the financial statements and the corresponding tax bases used in the computation of taxable profit. Deferred tax liabilities are generally recognised for all taxable timing differences. Deferred tax assets are generally recognised for all deductible temporary differences to the extent that it is probable that taxable profits will be available against which those deductible timing differences can be utilised. The carrying amount of deferred tax assets is reviewed at the end of each reporting period and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered.
Deferred tax assets and liabilities are measured at the tax rates that are expected to apply in the period in which the liability is settled or the asset realised, based on tax rates (and tax laws) that have been enacted or substantively enacted by the end of the reporting period. Deferred tax liabilities are presented within provisions for liabilities and deferred tax assets within debtors. The measurement of deferred tax liabilities and assets reflect the tax consequences that would follow from the manner in which the Company expects, at the end of the reporting period, to recover or settle the carrying amount of its assets and liabilities.
Current or deferred tax for the year is recognised in profit or loss, except when they related to items that are recognised in other comprehensive income or directly in equity, in which case, the current and deferred tax is also recognised in other comprehensive income or directly in equity respectively.
3. Average Number of Employees
Average number of employees, including directors, during the year was: 34 (2024: 23)
34 23
4. Tangible Assets
Plant & Machinery Motor Vehicles Fixtures & Fittings Total
£ £ £ £
Cost
As at 1 October 2024 47,254 140,760 4,030 192,044
Additions 8,000 57,885 - 65,885
Disposals - (93,960 ) - (93,960 )
As at 30 September 2025 55,254 104,685 4,030 163,969
Depreciation
As at 1 October 2024 29,711 40,978 2,364 73,053
Provided during the period 4,975 22,593 331 27,899
Disposals - (28,533 ) - (28,533 )
As at 30 September 2025 34,686 35,038 2,695 72,419
Net Book Value
As at 30 September 2025 20,568 69,647 1,335 91,550
As at 1 October 2024 17,543 99,782 1,666 118,991
5. Stocks
2025 2024
£ £
Stock 173,170 99,251
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6. Debtors
2025 2024
£ £
Due within one year
Trade debtors 592,973 385,486
Other debtors 414,890 410,348
VAT 6,208 3,931
1,014,071 799,765
7. Creditors: Amounts Falling Due Within One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 8,175 57,272
Trade creditors 686,667 331,439
Bank loans and overdrafts 11,084 19,000
Corporation tax 64,967 37,778
Other taxes and social security 73,106 62,309
Other creditors 81,211 121,621
Director's loan account 25,508 952
950,718 630,371
8. Creditors: Amounts Falling Due After More Than One Year
2025 2024
£ £
Net obligations under finance lease and hire purchase contracts 2,103 74,524
Bank loans - 11,084
2,103 85,608
9. Obligations Under Finance Leases and Hire Purchase
2025 2024
£ £
The future minimum finance lease payments are as follows:
Not later than one year 8,175 57,272
Later than one year and not later than five years 2,103 74,524
10,278 131,796
10,278 131,796
10. Share Capital
2025 2024
£ £
Allotted, Called up and fully paid 100 100
11. Ultimate Controlling Party
The company's ultimate controlling party is Natural Fresh Foods Ltd by virtue of his ownership of 100% of the issued share capital in the company.
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