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REGISTERED NUMBER: 01448441 (England and Wales)















Unaudited Financial Statements for the Year Ended 30 September 2024

for

Stewart Thorpe (Agricultural Services)
Limited

Stewart Thorpe (Agricultural Services)
Limited (Registered number: 01448441)






Contents of the Financial Statements
for the Year Ended 30 September 2024




Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 3

Report of the Accountants 5

Stewart Thorpe (Agricultural Services)
Limited

Company Information
for the Year Ended 30 September 2024







DIRECTORS: Mr S J Thorpe
Mrs J E Thorpe
Mrs A E Cockcroft
Mr A J C Thorpe





SECRETARY: Mrs J E Thorpe





REGISTERED OFFICE: Ryland Grange Farm
Fulbeck Heath
Grantham
Lincolnshire
NG32 3HJ





REGISTERED NUMBER: 01448441 (England and Wales)





ACCOUNTANTS: Prestige Accounting Limited T/A Simon Moss & Co
The Finance Centre
34a Southgate
Sleaford
Lincolnshire
NG34 7RY

Stewart Thorpe (Agricultural Services)
Limited (Registered number: 01448441)

Balance Sheet
30 September 2024

30.9.24 30.9.23
Notes £    £    £    £   
FIXED ASSETS
Tangible assets 4 389,344 413,785

CURRENT ASSETS
Stocks 16,500 15,670
Debtors 5 12,784 3,861
Cash at bank 236,751 274,740
266,035 294,271
CREDITORS
Amounts falling due within one year 6 267,833 272,916
NET CURRENT (LIABILITIES)/ASSETS (1,798 ) 21,355
TOTAL ASSETS LESS CURRENT
LIABILITIES

387,546

435,140

PROVISIONS FOR LIABILITIES 13,070 16,779
NET ASSETS 374,476 418,361

CAPITAL AND RESERVES
Called up share capital 1,150 1,150
Retained earnings 373,326 417,211
SHAREHOLDERS' FUNDS 374,476 418,361

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

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

The financial statements were approved by the Board of Directors and authorised for issue on 20 June 2025 and were signed on its behalf by:



Mr S J Thorpe - Director


Stewart Thorpe (Agricultural Services)
Limited (Registered number: 01448441)

Notes to the Financial Statements
for the Year Ended 30 September 2024

1. STATUTORY INFORMATION

Stewart Thorpe (Agricultural Services) 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 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.
Freehold property - 5% on Cost
Plant and machinery - 15% on reducing balance
Motor vehicles - 25% on reducing balance
Office Equipment - 20% on cost

Stocks
Stocks are valued at the lower of cost and net realisable value, 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 Income Statement, 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 balance sheet date.

Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2023 - 1 ) .

Stewart Thorpe (Agricultural Services)
Limited (Registered number: 01448441)

Notes to the Financial Statements - continued
for the Year Ended 30 September 2024

4. TANGIBLE FIXED ASSETS
Freehold Plant and Motor Office
property machinery vehicles Equipment Totals
£    £    £    £    £   
COST
At 1 October 2023
and 30 September 2024 348,076 254,031 354,648 18,689 975,444
DEPRECIATION
At 1 October 2023 40,357 198,458 304,155 18,689 561,659
Charge for year 3,486 8,336 12,619 - 24,441
At 30 September 2024 43,843 206,794 316,774 18,689 586,100
NET BOOK VALUE
At 30 September 2024 304,233 47,237 37,874 - 389,344
At 30 September 2023 307,719 55,573 50,493 - 413,785

5. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade debtors 4,502 778
Other debtors 8,282 3,083
12,784 3,861

6. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
30.9.24 30.9.23
£    £   
Trade creditors 77,987 71,884
Taxation and social security 99 4,261
Other creditors 189,747 196,771
267,833 272,916

Stewart Thorpe (Agricultural Services)
Limited

Report of the Accountants to the Directors of
Stewart Thorpe (Agricultural Services)
Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

As described on the Balance Sheet you are responsible for the preparation of the financial statements for the year ended 30 September 2024 set out on pages three to six and you consider that the company is exempt from an audit.

In accordance with your instructions, we have compiled these unaudited financial statements in order to assist you to fulfil your statutory responsibilities, from the accounting records and information and explanations supplied to us.






Prestige Accounting Limited T/A Simon Moss & Co
The Finance Centre
34a Southgate
Sleaford
Lincolnshire
NG34 7RY


20 June 2025