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REGISTERED NUMBER: 01358680 (England and Wales)














A C Coates & Sons Limited

Unaudited Financial Statements

for the Year Ended 31 March 2025






A C Coates & Sons Limited (Registered number: 01358680)

Contents of the Financial Statements
for the Year Ended 31 March 2025










Page

Company information 1

Chartered accountants' report 2

Statement of financial position 3

Notes to the financial statements 5


A C Coates & Sons Limited

Company Information
for the Year Ended 31 March 2025







Directors: A C Coates
J Coates





Registered office: Hundred Acre Farm
Gorefield
Wisbech
Cambridgeshire
PE13 4PR





Registered number: 01358680 (England and Wales)





Accountants: Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD

Chartered Accountants' Report to the Board of Directors
on the Unaudited Financial Statements of
A C Coates & Sons 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 Statement of financial position. Readers are cautioned that the Income statement and certain other primary statements and the Directors' report are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A C Coates & Sons Limited for the year ended 31 March 2025 which comprise the Income statement, Statement of financial position and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of A C Coates & Sons Limited, as a body, in accordance with the terms of our engagement letter dated 23 July 2018. Our work has been undertaken solely to prepare for your approval the financial statements of A C Coates & Sons Limited and state those matters that we have agreed to state to the Board of Directors of A C Coates & Sons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than A C Coates & Sons Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that A C Coates & Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of A C Coates & Sons Limited. You consider that A C Coates & Sons Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of A C Coates & Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.






Moore Thompson
Monica House
St Augustines Road
Wisbech
Cambridgeshire
PE13 3AD


7 August 2025

A C Coates & Sons Limited (Registered number: 01358680)

Statement of Financial Position
31 March 2025

2025 2024
Notes £    £    £    £   
Fixed assets
Tangible assets 5 184,162 206,112

Current assets
Stocks 6 117,538 200,477
Debtors 7 67,085 72,247
Investments 8 50 50
Cash at bank and in hand 39,693 3,573
224,366 276,347
Creditors
Amounts falling due within one year 9 128,544 105,580
Net current assets 95,822 170,767
Total assets less current liabilities 279,984 376,879

Capital and reserves
Called up share capital 10,010 10,010
Retained earnings 269,974 366,869
279,984 376,879

A C Coates & Sons Limited (Registered number: 01358680)

Statement of Financial Position - continued
31 March 2025


The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 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 7 August 2025 and were signed on its behalf by:





J Coates - Director


A C Coates & Sons Limited (Registered number: 01358680)

Notes to the Financial Statements
for the Year Ended 31 March 2025


1. Statutory information

A C Coates & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).


2. Statement of compliance

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.

3. Accounting policies

Basis of preparing the financial statements
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 and Improvements - 10% on a straight line basis and Not depreciated
Implements and Machinery - 20% on reducing balance
Tractors and Harvesters - 25% on reducing balance
Motor vehicles - 25% on reducing balance
Office Equipment - 20% on reducing balance

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 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.

A C Coates & Sons Limited (Registered number: 01358680)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


3. Accounting policies - continued

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.

4. Employees and directors

The average number of employees during the year was 3 (2024 - 3 ) .

5. Tangible fixed assets
Freehold
Property Implements Tractors
and and and
Improvements Machinery Harvesters
£    £    £   
Cost
At 1 April 2024
and 31 March 2025 546,437 473,099 216,041
Depreciation
At 1 April 2024 377,637 443,542 209,681
Charge for year 14,173 5,897 1,589
At 31 March 2025 391,810 449,439 211,270
Net book value
At 31 March 2025 154,627 23,660 4,771
At 31 March 2024 168,800 29,557 6,360

Motor Office
vehicles Equipment Totals
£    £    £   
Cost
At 1 April 2024
and 31 March 2025 4,152 13,294 1,253,023
Depreciation
At 1 April 2024 3,829 12,222 1,046,911
Charge for year 81 210 21,950
At 31 March 2025 3,910 12,432 1,068,861
Net book value
At 31 March 2025 242 862 184,162
At 31 March 2024 323 1,072 206,112

A C Coates & Sons Limited (Registered number: 01358680)

Notes to the Financial Statements - continued
for the Year Ended 31 March 2025


6. Stocks
2025 2024
£    £   
Stock - cultivations, seeds & fertilizer 75,838 155,027
Stock - raw materials & consumables 3,750 4,500
Stock - crops in store 37,950 40,950
117,538 200,477

7. Debtors: amounts falling due within one year
2025 2024
£    £   
Trade debtors 22,125 38,783
Other debtors 28,643 16,701
VAT - 2,577
Prepayments 16,317 14,186
67,085 72,247

8. Current asset investments
2025 2024
£    £   
Anglia Farmers Limited 50 50

9. Creditors: amounts falling due within one year
2025 2024
£    £   
Trade creditors 24,478 28,930
Social security and other taxes 2,265 2,237
VAT 1,174 -
Other creditors 1,992 -
Directors' current accounts 92,462 68,769
Accrued expenses 6,173 5,644
128,544 105,580