Caseware UK (AP4) 2024.0.164 2024.0.164 2025-03-312025-03-31truePoultry farming2024-04-01false810trueThe members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.false 09146638 2024-04-01 2025-03-31 09146638 2023-04-01 2024-03-31 09146638 2025-03-31 09146638 2024-03-31 09146638 c:Director1 2024-04-01 2025-03-31 09146638 d:Buildings 2024-04-01 2025-03-31 09146638 d:Buildings 2025-03-31 09146638 d:Buildings 2024-03-31 09146638 d:Buildings d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09146638 d:PlantMachinery 2024-04-01 2025-03-31 09146638 d:PlantMachinery 2025-03-31 09146638 d:PlantMachinery 2024-03-31 09146638 d:PlantMachinery d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09146638 d:OtherPropertyPlantEquipment 2024-04-01 2025-03-31 09146638 d:OtherPropertyPlantEquipment 2025-03-31 09146638 d:OtherPropertyPlantEquipment 2024-03-31 09146638 d:OtherPropertyPlantEquipment d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09146638 d:OwnedOrFreeholdAssets 2024-04-01 2025-03-31 09146638 d:CurrentFinancialInstruments 2025-03-31 09146638 d:CurrentFinancialInstruments 2024-03-31 09146638 d:Non-currentFinancialInstruments 2025-03-31 09146638 d:Non-currentFinancialInstruments 2024-03-31 09146638 d:CurrentFinancialInstruments d:WithinOneYear 2025-03-31 09146638 d:CurrentFinancialInstruments d:WithinOneYear 2024-03-31 09146638 d:Non-currentFinancialInstruments d:AfterOneYear 2025-03-31 09146638 d:Non-currentFinancialInstruments d:AfterOneYear 2024-03-31 09146638 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2025-03-31 09146638 d:Non-currentFinancialInstruments d:BetweenOneTwoYears 2024-03-31 09146638 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2025-03-31 09146638 d:Non-currentFinancialInstruments d:BetweenTwoFiveYears 2024-03-31 09146638 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2025-03-31 09146638 d:Non-currentFinancialInstruments d:MoreThanFiveYears 2024-03-31 09146638 d:ShareCapital 2025-03-31 09146638 d:ShareCapital 2024-03-31 09146638 d:RetainedEarningsAccumulatedLosses 2025-03-31 09146638 d:RetainedEarningsAccumulatedLosses 2024-03-31 09146638 d:AcceleratedTaxDepreciationDeferredTax 2025-03-31 09146638 d:AcceleratedTaxDepreciationDeferredTax 2024-03-31 09146638 d:TaxLossesCarry-forwardsDeferredTax 2025-03-31 09146638 d:TaxLossesCarry-forwardsDeferredTax 2024-03-31 09146638 c:OrdinaryShareClass1 2024-04-01 2025-03-31 09146638 c:OrdinaryShareClass1 2025-03-31 09146638 c:OrdinaryShareClass1 2024-03-31 09146638 c:OrdinaryShareClass2 2024-04-01 2025-03-31 09146638 c:OrdinaryShareClass2 2025-03-31 09146638 c:OrdinaryShareClass2 2024-03-31 09146638 c:OrdinaryShareClass3 2024-04-01 2025-03-31 09146638 c:OrdinaryShareClass3 2025-03-31 09146638 c:OrdinaryShareClass3 2024-03-31 09146638 c:FRS102 2024-04-01 2025-03-31 09146638 c:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 09146638 c:FullAccounts 2024-04-01 2025-03-31 09146638 c:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 09146638 e:PoundSterling 2024-04-01 2025-03-31 iso4217:GBP xbrli:shares xbrli:pure

Registered number: 09146638










T R HEMMING & SONS LTD








UNAUDITED

FINANCIAL STATEMENTS

INFORMATION FOR FILING WITH THE REGISTRAR

FOR THE YEAR ENDED 31 MARCH 2025

 
T R HEMMING & SONS LTD
REGISTERED NUMBER: 09146638

BALANCE SHEET
AS AT 31 MARCH 2025

2025
2024
Note
£
£

Fixed assets
  

Tangible assets
 4 
1,485,523
1,541,657

  
1,485,523
1,541,657

Current assets
  

Stocks
  
337,424
136,963

Debtors: amounts falling due within one year
 5 
107,312
569,849

Cash at bank and in hand
 6 
1,101
-

  
445,837
706,812

Creditors: amounts falling due within one year
 7 
(846,626)
(1,221,194)

Net current liabilities
  
 
 
(400,789)
 
 
(514,382)

Total assets less current liabilities
  
1,084,734
1,027,275

Creditors: amounts falling due after more than one year
 8 
(893,352)
(931,102)

  

Net assets
  
191,382
96,173


Capital and reserves
  

Called up share capital 
 11 
100
100

Profit and loss account
  
191,282
96,073

  
191,382
96,173


Page 1

 
T R HEMMING & SONS LTD
REGISTERED NUMBER: 09146638
    
BALANCE SHEET (CONTINUED)
AS AT 31 MARCH 2025

The directors consider that the Company is entitled to exemption from audit under section 477 of the Companies Act 2006 and members have not required the Company to obtain an audit for the year in question in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

The financial statements have been prepared in accordance with the provisions applicable to companies subject to the small companies regime and in accordance with the provisions of FRS 102 Section 1A - small entities.

The financial statements have been delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The Company has opted not to file the statement of comprehensive income in accordance with provisions applicable to companies subject to the small companies' regime.

The financial statements were approved and authorised for issue by the board and were signed on its behalf by: 




Peter Robert Hemming
Director

Date: 12 August 2025

The notes on pages 3 to 9 form part of these financial statements.

Page 2

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

1.


General information

T R Hemming & Sons Limited (company number 09146638) is a private limited company, limtied by shares incorporated in England and Wales, with its registered office and principal place of business at Silverdale, Stratton Heath, Yockleton, Shrewsbury, SY5 9QQ. 

The prior period accounts cover the period from 1 April 2023 to 31 March 2024.

2.Accounting policies

 
2.1

Basis of preparation of financial statements

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with FRS 102 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland' and the requirements of the Companies Act 2006. The disclosure requirements of Section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

 
2.2

Revenue

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the Company and the revenue can be reliably measured. Revenue is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. The following criteria must also be met before revenue is recognised:

Sale of goods

Revenue from the sale of goods is recognised when all of the following conditions are satisfied:
the Company has transferred the significant risks and rewards of ownership to the buyer;
the Company retains neither continuing managerial involvement to the degree usually associated with ownership nor effective control over the goods sold;
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the transaction; and
the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Rendering of services

Revenue from a contract to provide services is recognised in the period in which the services are provided in accordance with the stage of completion of the contract when all of the following conditions are satisfied:
the amount of revenue can be measured reliably;
it is probable that the Company will receive the consideration due under the contract;
the stage of completion of the contract at the end of the reporting period can be measured reliably; and
the costs incurred and the costs to complete the contract can be measured reliably.

Page 3

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.3

Leased assets: the Company as lessee

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase 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 creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to profit or loss so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

 
2.4

Finance costs

Finance costs are charged to profit or loss over the term of the debt using the effective interest method so that the amount charged is at a constant rate on the carrying amount. Issue costs are initially recognised as a reduction in the proceeds of the associated capital instrument.

 
2.5

Borrowing costs

All borrowing costs are recognised in profit or loss in the year in which they are incurred.

 
2.6

Current and deferred taxation

The tax expense for the year comprises current and deferred tax. Tax is recognised in profit or loss except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the balance sheet date in the countries where the Company operates and generates income.

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:
The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and
Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.


 
2.7

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Page 4

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)


2.7
Tangible fixed assets (continued)

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives, on a reducing balance basis.

Depreciation is provided on the following basis:

Land and buildings
-
6%
reducing balance
Plant and machinery
-
25%
reducing balance
Tractors
-
25%
reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in profit or loss.

 
2.8

Stocks

Stocks are stated at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell. Cost is based on the cost of purchase on a first in, first out basis. Work in progress and finished goods include labour and attributable overheads.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in profit or loss.

 
2.9

Debtors

Short-term debtors are measured at transaction price, less any impairment. Loans receivable are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method, less any impairment.

 
2.10

Cash and cash equivalents

Cash is represented by cash in hand and deposits with financial institutions repayable without penalty on notice of not more than 24 hours. Cash equivalents are highly liquid investments that mature in no more than three months from the date of acquisition and that are readily convertible to known amounts of cash with insignificant risk of change in value.

 
2.11

Creditors

Short-term creditors are measured at the transaction price. Other financial liabilities, including bank loans, are measured initially at fair value, net of transaction costs, and are measured subsequently at amortised cost using the effective interest method.

Page 5

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

2.Accounting policies (continued)

 
2.12

Provisions for liabilities

Provisions are recognised when an event has taken place that gives rise to a legal or constructive obligation, a transfer of economic benefits is probable and a reliable estimate can be made.
Provisions are measured as the best estimate of the amount required to settle the obligation, taking into account the related risks and uncertainties.
 
Increases in provisions are generally charged as an expense to profit or loss.


3.


Employees

The average monthly number of employees, including directors, during the year was 8 (2024 - 10).


4.


Tangible fixed assets





Freehold property
Plant and machinery
Other fixed assets
Total

£
£
£
£



Cost or valuation


At 1 April 2024
1,732,005
274,526
55,567
2,062,098


Additions
-
52,603
64,000
116,603


Disposals
-
(55,000)
-
(55,000)



At 31 March 2025

1,732,005
272,129
119,567
2,123,701



Depreciation


At 1 April 2024
367,635
132,881
19,925
520,441


Charge for the year on owned assets
81,862
42,761
24,911
149,534


Disposals
-
(31,797)
-
(31,797)



At 31 March 2025

449,497
143,845
44,836
638,178



Net book value



At 31 March 2025
1,282,508
128,284
74,731
1,485,523



At 31 March 2024
1,364,370
141,645
35,642
1,541,657


5.


Debtors

2025
2024
Page 6

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

5.Debtors (continued)

£
£


Trade debtors
68,140
507,072

Other debtors
35,483
18,924

Prepayments
600
600

Deferred taxation
3,089
43,253

107,312
569,849



6.


Cash and cash equivalents

2025
2024
£
£

Cash at bank and in hand
1,101
-

Less: bank overdrafts
-
(179,356)

1,101
(179,356)



7.


Creditors: Amounts falling due within one year

2025
2024
£
£

Bank overdrafts
-
179,356

Bank loans
33,793
31,612

Trade creditors
424,727
599,144

Obligations under finance lease and hire purchase contracts
31,527
21,327

Other creditors
339,496
378,061

Accruals and deferred income
17,083
11,694

846,626
1,221,194


Page 7

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

8.


Creditors: Amounts falling due after more than one year

2025
2024
£
£

Bank loans
846,126
882,099

Net obligations under finance leases and hire purchase contracts
47,226
49,003

893,352
931,102



9.


Loans


Analysis of the maturity of loans is given below:


2025
2024
£
£

Amounts falling due within one year

Bank loans
33,793
31,612


33,793
31,612

Amounts falling due 1-2 years

Bank loans
33,793
31,612


33,793
31,612

Amounts falling due 2-5 years

Bank loans
101,378
94,836


101,378
94,836

Amounts falling due after more than 5 years

Bank loans
710,955
755,651

710,955
755,651

879,919
913,711


Page 8

 
T R HEMMING & SONS LTD
 
 
 
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 MARCH 2025

10.


Deferred taxation




2025


£






At beginning of year
43,253


Charged to profit or loss
(40,164)



At end of year
3,089

The deferred tax asset is made up as follows:

2025
2024
£
£


Accelerated capital allowances
(47,567)
43,253

Tax losses carried forward
50,656
-

3,089
43,253


11.


Share capital

2025
2024
£
£
Allotted, called up and fully paid



40 (2024 - 40) A Ordinary shares shares of £1.00 each
40
40
40 (2024 - 40) B Ordinary Shares shares of £1.00 each
40
40
20 (2024 - 20) C Ordinary Shares shares of £1.00 each
20
20

100

100



12.


Pension commitments

The Company operates a defined contributions pension scheme. The assets of the scheme are held separately from those of the Company  in an independently administered fund. The pension cost charge represents contributions payable by the Company to the fund and amounted to £1,461.26 (2024: £1,199.13)


13.


Related party transactions

During the year ended 31 March 2025 a loan account was operated between the company and a connected unincorporated partnership, of which the Directors are Partners. The company owed the partnership £339,496. No interest has been charged on this loan.    

 
Page 9