REGISTERED NUMBER: 07944340 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31st March 2025

for

W A Curtis & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A J Curtis

Y M Curtis

REGISTERED OFFICE:

Quenby Lodge Farm

Cold Newton Road

Hungarton

Leicestershire

LE7 9JE

REGISTERED NUMBER:

07944340 (England and Wales)

ACCOUNTANTS:

Barker & Co

Chartered Accountants

Watling Offices

Smockington Lane

Wolvey

Hinckley

Leicestershire

LE10 3AY

FIXED ASSETS

Tangible assets

4

792,884

543,744

Herd basis

5

19,810

50,660

812,694

594,404

CURRENT ASSETS

Stocks

568,408

498,490

Debtors

6

232,000

232,960

Investments

7

94

94

Cash at bank

38,657

86,027

839,159

817,571

CREDITORS

Amounts falling due within one year

8

795,733

813,537

NET CURRENT ASSETS

43,426

4,034

TOTAL ASSETS LESS CURRENT LIABILITIES

856,120

598,438

PROVISIONS FOR LIABILITIES

148,600

135,000

NET ASSETS

707,520

463,438

CAPITAL AND RESERVES

Called up share capital

9

3

3

Retained earnings

707,517

463,435

SHAREHOLDERS' FUNDS

707,520

463,438

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 25th August 2025 and were signed on its behalf by:

A J Curtis - Director

Y M Curtis - Director

1.	STATUTORY INFORMATION

W A Curtis & 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.

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 net invoiced sales of goods, services and subsidies excluding value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Drainage

-

25% on reducing balance

Borehole

-

25% on reducing balance

Outbuildings

-

25% on reducing balance

Tractors, trailers and combine

-

25% on reducing balance

Motor vehicle

-

25% on reducing balance

Implements

-

25% 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 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 3 (2024 - 4 ) .

4.	TANGIBLE FIXED ASSETS

Drainage

Borehole

Outbuildings

£

£

£

COST

At 1st April 2024

97,373

194

18,129

Additions

-

-

-

Disposals

-

-

-

At 31st March 2025

97,373

194

18,129

DEPRECIATION

At 1st April 2024

89,292

189

16,461

Charge for year

2,023

1

417

Eliminated on disposal

-

-

-

At 31st March 2025

91,315

190

16,878

NET BOOK VALUE

At 31st March 2025

6,058

4

1,251

At 31st March 2024

8,081

5

1,668

Tractors,

trailers

and

Motor

combine

vehicle

Implements

Totals

£

£

£

£

COST

At 1st April 2024

1,152,762

32,703

580,511

1,881,672

Additions

322,290

76,125

35,458

433,873

Disposals

(98,510

)

(23,966

)

(38,445

)

(160,921

)

At 31st March 2025

1,376,542

84,862

577,524

2,154,624

DEPRECIATION

At 1st April 2024

821,327

30,713

379,946

1,337,928

Charge for year

101,348

7,317

55,344

166,450

Eliminated on disposal

(87,346

)

(21,976

)

(33,316

)

(142,638

)

At 31st March 2025

835,329

16,054

401,974

1,361,740

NET BOOK VALUE

At 31st March 2025

541,213

68,808

175,550

792,884

At 31st March 2024

331,435

1,990

200,565

543,744

5.	HERD BASIS

Dairy

herd

basis

£

COST

At 1st April 2024

50,660

Additions

(4,515

)

Disposals

(26,335

)

At 31st March 2025

19,810

NET BOOK VALUE

At 31st March 2025

19,810

At 31st March 2024

50,660

6.

DEBTORS

2025

2024

£

£

Amounts falling due within one year:

Trade debtors

23,049

33,692

Social security & other taxes

12,903

10,736

Client bank account

30,470

-

Prepayments

91,594

72,579

158,016

117,007

Amounts falling due after more than one year:

Other debtors

73,984

115,953

Aggregate amounts

232,000

232,960

7.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Unlisted investments

94

94

The above unlisted investments consist of:-

Anglia Farmers

50

Central Wool Growers

19

Meadow Valley Livestock Ltd

25

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

136,566

25,015

Corporation tax

900

37,400

Social security and other taxes

638

420

Directors' current accounts

653,443

746,877

Accruals

4,186

3,825

795,733

813,537

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

3

Ordinary

£1

3

3

10.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The director's made the following advances to the company during the year:-

YM Curtis

Private expenses

Money Introduced

166,672

(90,758)

AJ Curtis

Private expenses

17,520

No Interest was paid to the company on the director's loan account.