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REGISTERED NUMBER: 07538653 (England and Wales)








Unaudited Financial Statements

for the Year Ended 31 March 2025

for

RJ Simmons Agricultural Services Limited

RJ Simmons Agricultural Services Limited (Registered number: 07538653)

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










Page

Company Information 1

Balance Sheet 2

Notes to the Financial Statements 4


RJ Simmons Agricultural Services Limited

Company Information
for the Year Ended 31 March 2025







DIRECTORS: R J Simmons
J R Simmons
R Simmons





REGISTERED OFFICE: Homeleigh
138 Glaziers Lane
Normandy
Guildford
Surrey
GU3 2EB





REGISTERED NUMBER: 07538653 (England and Wales)





ACCOUNTANTS: Lane Monnington Welton
Chartered Accountants
Riverside View
Basing Road
Old Basing
Basingstoke
Hampshire
RG24 7AL

RJ Simmons Agricultural Services Limited (Registered number: 07538653)

Balance Sheet
31 March 2025

31.3.25 31.3.24
Notes £    £    £    £   
FIXED ASSETS
Intangible assets 4 - -
Tangible assets 5 1,052,091 586,113
Investments 6 52,159 50,480
1,104,250 636,593

CURRENT ASSETS
Stocks 408,695 481,239
Debtors 7 300,966 329,446
Cash at bank 407,638 169,738
1,117,299 980,423
CREDITORS
Amounts falling due within one year 8 351,490 267,573
NET CURRENT ASSETS 765,809 712,850
TOTAL ASSETS LESS CURRENT
LIABILITIES

1,870,059

1,349,443

CREDITORS
Amounts falling due after more than one
year

9

(180,932

)

(14,090

)

PROVISIONS FOR LIABILITIES 12 (184,889 ) (131,006 )
NET ASSETS 1,504,238 1,204,347

CAPITAL AND RESERVES
Called up share capital 100 100
Fair value reserve 13 2,147 1,437
Retained earnings 1,501,991 1,202,810
SHAREHOLDERS' FUNDS 1,504,238 1,204,347

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.

RJ Simmons Agricultural Services Limited (Registered number: 07538653)

Balance Sheet - continued
31 March 2025


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 17 July 2025 and were signed on its behalf by:




R J Simmons - Director



J R Simmons - Director


RJ Simmons Agricultural Services Limited (Registered number: 07538653)

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


1. STATUTORY INFORMATION

RJ Simmons 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 as modified by the revaluation of certain assets.

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.
Improvements to property - 5% on cost
Plant and machinery - 33% on cost, 20% on reducing balance and 15% on reducing balance
Motor vehicles - 20% on reducing balance and 15% on reducing balance
Tractors and combines - 15% 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.

Financial instruments
Debtors and creditors payable/receivable within one year
Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses.

Loans and borrowings
Loans and borrowings are initially recognised at the transaction price, including transaction costs. Subsequently they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.

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.


RJ Simmons Agricultural Services Limited (Registered number: 07538653)

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


2. ACCOUNTING POLICIES - continued
Deferred tax
Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date, adjusted for indexation where appropriate.

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.

Impairment
Assets not measured at fair value are reviewed for any indication that an asset may be impaired at each balance sheet date. The directors review the carrying amount of the relevant assets and compare them to their market values and recoverable amounts. Where the carrying amount exceeds this, an impairment loss is recognised in profit or loss, unless the asset is carried at a revalued amount, where the impairment loss is a revaluation decrease.

3. EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4. INTANGIBLE FIXED ASSETS
Goodwill
£   
COST
At 1 April 2024
and 31 March 2025 16,760
AMORTISATION
At 1 April 2024
and 31 March 2025 16,760
NET BOOK VALUE
At 31 March 2025 -
At 31 March 2024 -

RJ Simmons Agricultural Services Limited (Registered number: 07538653)

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


5. TANGIBLE FIXED ASSETS
Improvements Tractors
to Plant and Motor and
property machinery vehicles combines Totals
£    £    £    £    £   
COST
At 1 April 2024 83,236 603,927 110,234 586,500 1,383,897
Additions 29,400 170,791 - 492,000 692,191
Disposals - (9,100 ) - (305,000 ) (314,100 )
At 31 March 2025 112,636 765,618 110,234 773,500 1,761,988
DEPRECIATION
At 1 April 2024 10,350 356,628 58,708 372,098 797,784
Charge for year 4,652 54,948 7,758 67,105 134,463
Eliminated on disposal - (8,475 ) - (213,875 ) (222,350 )
At 31 March 2025 15,002 403,101 66,466 225,328 709,897
NET BOOK VALUE
At 31 March 2025 97,634 362,517 43,768 548,172 1,052,091
At 31 March 2024 72,886 247,299 51,526 214,402 586,113


6. FIXED ASSET INVESTMENTS
Other
investments
£   
COST OR VALUATION
At 1 April 2024 50,480
Revaluations 1,679
At 31 March 2025 52,159
NET BOOK VALUE
At 31 March 2025 52,159
At 31 March 2024 50,480

Cost or valuation at 31 March 2025 is represented by:

Other
investments
£   
Valuation in 2024 1,916
Valuation in 2025 947
Cost 49,296
52,159

RJ Simmons Agricultural Services Limited (Registered number: 07538653)

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


7. DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Trade debtors 163,278 189,174
Other debtors 137,688 140,272
300,966 329,446

8. CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 10) 88,500 -
Trade creditors 230,205 192,044
Taxation and social security 15,461 43,049
Other creditors 17,324 32,480
351,490 267,573

9. CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR
31.3.25 31.3.24
£    £   
Hire purchase contracts (see note 10) 177,000 -
Other creditors 3,932 14,090
180,932 14,090

10. LEASING AGREEMENTS

Minimum lease payments under hire purchase fall due as follows:

31.3.25 31.3.24
£    £   
Net obligations repayable:
Within one year 88,500 -
Between one and five years 177,000 -
265,500 -

11. SECURED DEBTS

The following secured debts are included within creditors:

31.3.25 31.3.24
£    £   
Hire purchase contracts 265,500 -

12. PROVISIONS FOR LIABILITIES
31.3.25 31.3.24
£    £   
Deferred tax 184,889 131,006

RJ Simmons Agricultural Services Limited (Registered number: 07538653)

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


12. PROVISIONS FOR LIABILITIES - continued

Deferred
tax
£   
Balance at 1 April 2024 131,006
Accelerated capital allowances 53,646
Revalue investments 237
Balance at 31 March 2025 184,889

13. RESERVES
Fair
value
reserve
£   
At 1 April 2024 1,437
Revalue investment 947
Deferred tax movement (237 )

At 31 March 2025 2,147