D Gerrard Agri Services LTD

	Page
Balance Sheet	1—2
Notes to the Financial Statements	3—5

Registered number: 14752353

		31 March 2025		31 March 2024
	Notes	£	£	£	£
FIXED ASSETS
Tangible Assets	4		238,981		288,625

			238,981		288,625
CURRENT ASSETS
Debtors	5	7,981		6,107
Cash at bank and in hand		7,595		527

		15,576		6,634
Creditors: Amounts Falling Due Within One Year	6	(53,542 )		(28,665 )

NET CURRENT ASSETS (LIABILITIES)			(37,966 )		(22,031 )

TOTAL ASSETS LESS CURRENT LIABILITIES			201,015		266,594

Creditors: Amounts Falling Due After More Than One Year	7		(273,027 )		(313,902 )

NET LIABILITIES			(72,012 )		(47,308 )

CAPITAL AND RESERVES
Called up share capital	9		101		101
Profit and Loss Account			(72,113 )		(47,409 )

SHAREHOLDERS' FUNDS			(72,012)		(47,308)

Page 1

Page 2

D Gerrard Agri Services LTD

Balance Sheet (continued)

As At 31 March 2025

For the year ending 31 March 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The member has not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The director acknowledges his responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The company has taken advantage of section 444(1) of the Companies Act 2006 and opted not to deliver to the registrar a copy of the company's Profit and Loss Account.

On behalf of the board

Mr Daniel Gerrard

Director

20/05/2025

The notes on pages 3 to 5 form part of these financial statements.

1. General Information

D Gerrard Agri Services LTD is a private company, limited by shares, incorporated in England & Wales, registered number 14752353 . The registered office is The New Studio Wintershill Farm, Wintershill, Durley, Hampshire, SO32 2AH.

2. Accounting Policies

2.1. Basis of Preparation of Financial Statements

The financial statements have been prepared under the historical cost convention and in accordance with Financial Reporting Standard 102 section 1A Small Entities "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

2.2. Turnover

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and from the rendering of services. Turnover is reduced for estimated customer returns, rebates and other similar allowances.

Sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods has transferred to the buyer. This is usually at the point that the customer has signed for the delivery of the goods.

Rendering of services

Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs. Turnover is only recognised to the extent of recoverable expenses when the outcome of a contract cannot be estimated reliably.

2.3. Tangible Fixed Assets and Depreciation

Tangible fixed assets are measured at cost less accumulated depreciation and any accumulated impairment losses. Depreciation is provided at rates calculated to write off the cost of the fixed assets, less their estimated residual value, over their expected useful lives on the following bases:

Plant & Machinery	20% Straightline
Motor Vehicles	25% Straightline
Computer Equipment	25% Straightline

2.4. Leasing and Hire Purchase Contracts

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

Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged to the profit and loss account as incurred.

3. Average Number of Employees

Average number of employees, including directors, during the year was: 2 (2024: 1)

Page 3

Page 4

D Gerrard Agri Services LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

4. Tangible Assets

	Plant & Machinery	Motor Vehicles	Computer Equipment	Total
	£	£	£	£
Cost
As at 1 April 2024	317,579	37,520	405	355,504
Additions	44,562	-	-	44,562
Disposals	-	(35,870 )	-	(35,870 )

As at 31 March 2025	362,141	1,650	405	364,196

Depreciation
As at 1 April 2024	57,398	9,380	101	66,879
Provided during the period	66,789	9,380	102	76,271
Disposals	-	(17,935 )	-	(17,935 )

As at 31 March 2025	124,187	825	203	125,215

Net Book Value
As at 31 March 2025	237,954	825	202	238,981

As at 1 April 2024	260,181	28,140	304	288,625

5. Debtors

	31 March 2025	31 March 2024
	£	£
Due within one year
Trade debtors	6,297	6,006
Other debtors	1,684	101

	7,981	6,107

6. Creditors: Amounts Falling Due Within One Year

	31 March 2025	31 March 2024
	£	£
Net obligations under finance lease and hire purchase contracts	28,623	21,779
Trade creditors	23,019	133
Other creditors	1,900	3,050
Taxation and social security	-	3,703

	53,542	28,665

7. Creditors: Amounts Falling Due After More Than One Year

	31 March 2025	31 March 2024
	£	£
Net obligations under finance lease and hire purchase contracts	82,635	94,366
Other creditors	190,392	219,536

	273,027	313,902

Page 4

Page 5

D Gerrard Agri Services LTD

Notes to the Financial Statements (continued)

For The Year Ended 31 March 2025

8. Obligations Under Finance Leases and Hire Purchase

	31 March 2025	31 March 2024
	£	£
The future minimum finance lease payments are as follows:
Not later than one year	28,623	21,779
Later than one year and not later than five years	82,635	94,366

	111,258	116,145

	111,258	116,145

9. Share Capital

	31 March 2025	31 March 2024
	£	£
Called Up Share Capital not Paid	101	101

Amount of Allotted, Called Up Share Capital	101	101

Page 5