Company No: 11062492 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	298,376		259,256
Biological assets	4	57,907		75,215
		356,283		334,471
Current assets
Stocks		35,356		49,933
Debtors	5	490,184		374,652
Cash at bank and in hand		17,729		5
		543,269		424,590
Creditors: amounts falling due within one year	6	( 262,033)		( 295,273)
Net current assets		281,236		129,317
Total assets less current liabilities		637,519		463,788
Creditors: amounts falling due after more than one year	7	( 91,670)		( 39,357)
Provision for liabilities		( 46,594)		( 64,571)
Net assets		499,255		359,860
Capital and reserves
Called-up share capital		1		1
Profit and loss account		499,254		359,859
Total shareholder's funds		499,255		359,860

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

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Roaming Dairy Limited (registered number: 11062492) were approved and authorised for issue by the Director on 20 September 2025. They were signed on its behalf by:

Mr O Chedgey Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Roaming Dairy Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Hitchcock House, Hilltop Park, Devizes Road, Salisbury, SP3 4UF, United Kingdom.

The principal place of business is Plantation Farmhouse, Wolverton, Tadley, Hampshire, RG26 5RJ.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the company’s activities. Turnover is shown net of value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the company's activities.

Taxation

Current tax
Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

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

Deferred tax
Deferred tax is recognised on all timing differences at the balance sheet date unless indicated below. Timing differences are differences between taxable profits and the results as stated in the profit and loss account and other comprehensive income. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible fixed assets

Tangible assets are stated in the balance sheet at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Plant and machinery	25 % reducing balance
Vehicles	25 % reducing balance

Biological assets

The Company measures biological assets at cost less accumulated depreciation and accumulated impairment losses as follows:

Herd - 10% straight line

Leases

The Company as lessee
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.

Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the balance sheet as a finance lease obligation.

Lease payments are apportioned between finance costs in the profit and loss account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are 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.

Financial instruments

Classification
The company holds the following financial instruments:
• Short term trade and other debtors and creditors;
• Bank loans; and
• Cash and bank balances.

All financial instruments are classified as basic.

Recognition and measurement
The company has chosen to apply the recognition and measurement principles in FRS102.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument and derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company’s obligations are discharged, expire or are cancelled.

Except for bank loans, such instruments are initially measured at transaction price, including transaction costs, and are subsequently carried at the undiscounted amount of the cash or other
consideration expected to be paid or received, after taking account of impairment adjustments.

Bank loans are initially measured at transaction price, including transaction costs, and are subsequently carried at amortised cost using the effective interest method.

Defined contribution pension obligation

A defined contribution plan is a pension plan under which fixed contributions are paid into a pension fund and the company has no legal or constructive obligation to pay further contributions even if the fund does not hold sufficient assets to pay all employees the benefits relating to employee service in the current and prior periods.

Contributions to defined contribution plans are recognised as employee benefit expense when they are due. If contribution payments exceed the contribution due for service, the excess is recognised as a prepayment.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	7		6

3. Tangible assets

	Plant and machinery		Vehicles		Total
	£		£		£
Cost
At 01 February 2024	536,883		30,722		567,605
Additions	182,718		45,400		228,118
Disposals	( 122,275)		( 2,400)		( 124,675)
At 31 January 2025	597,326		73,722		671,048
Accumulated depreciation
At 01 February 2024	287,944		20,405		308,349
Charge for the financial year	85,981		13,490		99,471
Disposals	( 34,510)		( 638)		( 35,148)
At 31 January 2025	339,415		33,257		372,672
Net book value
At 31 January 2025	257,911		40,465		298,376
At 31 January 2024	248,939		10,317		259,256

4. Biological assets

	2025
	£
Biological assets at fair value	57,907

Assets held at fair value:

	Dairy		Total
	£		£
Valuation
At 01 February 2024	75,215		75,215
Decrease attributable to sales/ transfers out	( 17,308)		( 17,308)
Fair value at 31 January 2025	57,907		57,907

5. Debtors

	2025		2024
	£		£
Trade debtors	1,901		40,686
Other debtors	488,283		333,966
	490,184		374,652

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	5,556		25,733
Trade creditors	77,460		66,631
Other loans	4,160		0
Deferred income	51,645		58,389
Corporation tax	57,632		91,400
Other taxation and social security	21,656		11,331
Obligations under finance leases and hire purchase contracts	42,411		40,808
Other creditors	1,513		981
	262,033		295,273

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	67,131		9,262
Other creditors	24,539		30,095
	91,670		39,357