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REGISTERED NUMBER: 00944764 (England and Wales)















A.W.PAGE AND CO.(SEEDS)LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 APRIL 2024






A.W.PAGE AND CO.(SEEDS)LIMITED (REGISTERED NUMBER: 00944764)






CONTENTS OF THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024




Page

Company Information 1

Statement of Financial Position 2

Notes to the Financial Statements 3 to 5


A.W.PAGE AND CO.(SEEDS)LIMITED

COMPANY INFORMATION
FOR THE YEAR ENDED 30 APRIL 2024







DIRECTORS: H J Page
Mrs H C Middlebrook



REGISTERED OFFICE: Fen Road
Pointon
Sleaford
Lincolnshire
NG34 0LZ



REGISTERED NUMBER: 00944764 (England and Wales)



ACCOUNTANTS: Duncan & Toplis Limited
3 Castlegate
Grantham
Lincolnshire
NG31 6SF



BANKERS: HSBC Bank Plc
26 Market Place
Sleaford
Lincolnshire
NG34 7SB



SOLICITORS: Roythornes Limited
Enterprise Way
Pinchbeck
Spalding
Lincolnshire
PE11 3YR

A.W.PAGE AND CO.(SEEDS)LIMITED (REGISTERED NUMBER: 00944764)

STATEMENT OF FINANCIAL POSITION
30 APRIL 2024

2024 2023
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 168,691 185,706

CURRENT ASSETS
Stocks 45,768 69,773
Debtors 5 70,273 77,955
Investments 6 713 713
Cash at bank and in hand 72,422 135,696
189,176 284,137
CREDITORS
Amounts falling due within one year 7 41,940 14,626
NET CURRENT ASSETS 147,236 269,511
TOTAL ASSETS LESS CURRENT LIABILITIES 315,927 455,217

CREDITORS
Amounts falling due after more than one year 8 6,800 -
NET ASSETS 309,127 455,217

CAPITAL AND RESERVES
Called up share capital 9 25,500 25,500
Share premium 26,191 26,191
Retained earnings 257,436 403,526
SHAREHOLDERS' FUNDS 309,127 455,217

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 April 2024.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 2024 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 1 October 2024 and were signed on its behalf by:




H J Page - Director


A.W.PAGE AND CO.(SEEDS)LIMITED (REGISTERED NUMBER: 00944764)

NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 APRIL 2024

1. STATUTORY INFORMATION

A.W.Page and Co.(Seeds)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 the fair value of net invoiced sales of seeds, crops and contract services, excluding value added tax. Sales of seeds and crops are recognised on despatch. Revenue from contract services is recognised on the day the work is undertaken.

Tangible fixed assets
Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.
Freehold property - 10% on cost and Nil
Plant and machinery - 5% on cost
Motor vehicles - 25% on reducing balance

Property, plant and equipment assets are held at cost less accumulated depreciation. No depreciation has been provided for freehold buildings other than office buildings and grain stores. It is the company's policy to maintain its properties in a continual state of sound repair. In the case of freehold properties the directors consider that the lives of these properties and their residual values are such that their depreciation is not significant.

Stocks
Stocks are valued at the lower of cost and fair value less costs to complete and sell, 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 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.

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.

A.W.PAGE AND CO.(SEEDS)LIMITED (REGISTERED NUMBER: 00944764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2023 - 4 ) .

4. TANGIBLE FIXED ASSETS
Plant and
Land and machinery
buildings etc Totals
£    £    £   
COST
At 1 May 2023
and 30 April 2024 84,675 608,907 693,582
DEPRECIATION
At 1 May 2023 2,508 505,368 507,876
Charge for year 114 16,901 17,015
At 30 April 2024 2,622 522,269 524,891
NET BOOK VALUE
At 30 April 2024 82,053 86,638 168,691
At 30 April 2023 82,167 103,539 185,706

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade debtors 49,794 63,562
Other debtors 3,996 9,637
Prepayments and accrued income 16,483 4,756
70,273 77,955

6. CURRENT ASSET INVESTMENTS
2024 2023
£    £   
Trade investment 713 713

7. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
2024 2023
£    £   
Trade creditors 30,373 6,604
Taxation - 118
Other taxes and social security 2,199 2,055
Accruals and deferred income 9,368 5,849
41,940 14,626

8. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR
2024 2023
£    £   
Amounts owed to group undertakings 6,800 -

A.W.PAGE AND CO.(SEEDS)LIMITED (REGISTERED NUMBER: 00944764)

NOTES TO THE FINANCIAL STATEMENTS - continued
FOR THE YEAR ENDED 30 APRIL 2024

9. CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:
Number: Class: Nominal 2024 2023
value: £    £   
12,750 'A' Ordinary £1 12,750 12,750
12,750 'B' Ordinary £1 12,750 12,750
25,500 25,500

10. OTHER FINANCIAL COMMITMENTS

The company has financial commitments due as follows:

20242023
£ £
Within one year6,4216,421
Between one and five years12,84219,263
19,26325,683