REGISTERED NUMBER: 04881572 (England and Wales)

ALL THINGS RURAL LIMITED

FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 DECEMBER 2024

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

N D Ford

Ms R J Harris

Mrs E K Bate

SECRETARY:

Ms R J Harris

REGISTERED OFFICE:

Red Hill Farmyard

Red Hill

Alcester

Warwickshire

B49 6NQ

REGISTERED NUMBER:

04881572 (England and Wales)

AUDITORS:

Charles Lovell & Co Limited

Chartered Certified Accountants

and Statutory Auditors

8 Church Green East

Redditch

Worcestershire

B98 8BP

FIXED ASSETS

Tangible assets

4

307,367

368,804

CURRENT ASSETS

Stocks

2,226,030

2,282,915

Debtors

5

3,326,136

2,510,283

Cash at bank

180,638

602,742

5,732,804

5,395,940

CREDITORS

Amounts falling due within one year

6

834,917

1,060,175

NET CURRENT ASSETS

4,897,887

4,335,765

TOTAL ASSETS LESS CURRENT LIABILITIES

5,205,254

4,704,569

PROVISIONS FOR LIABILITIES

9

62,266

74,899

NET ASSETS

5,142,988

4,629,670

CAPITAL AND RESERVES

Called up share capital

50

50

Capital redemption reserve

50

50

Retained earnings

5,142,888

4,629,570

SHAREHOLDERS' FUNDS

5,142,988

4,629,670

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 25 September 2025 and were signed on its behalf by:

N D Ford - Director

1.	STATUTORY INFORMATION

All Things Rural 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 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

-

20% on cost

Plant & machinery

-

20% on cost

Fixtures & fittings

-

20% on cost

Motor vehicles

-

25% on reducing balance

Computer & office equipment

-

50% on cost

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 28 (2023 - 23 ) .

4.	TANGIBLE FIXED ASSETS

Improvements

to

Plant &

Fixtures

property

machinery

& fittings

£

£

£

COST

At 1 January 2024

916,769

693,789

218,975

Additions

-

67,576

-

Disposals

-

(2,750

)

-

At 31 December 2024

916,769

758,615

218,975

DEPRECIATION

At 1 January 2024

832,495

489,578

195,200

Charge for year

25,368

74,143

7,713

Eliminated on disposal

-

(1,650

)

-

At 31 December 2024

857,863

562,071

202,913

NET BOOK VALUE

At 31 December 2024

58,906

196,544

16,062

At 31 December 2023

84,274

204,211

23,775

Computer

Motor

& office

vehicles

equipment

Totals

£

£

£

COST

At 1 January 2024

109,806

45,571

1,984,910

Additions

1,250

2,303

71,129

Disposals

(15,940

)

-

(18,690

)

At 31 December 2024

95,116

47,874

2,037,349

DEPRECIATION

At 1 January 2024

56,392

42,441

1,616,106

Charge for year

13,242

4,296

124,762

Eliminated on disposal

(9,236

)

-

(10,886

)

At 31 December 2024

60,398

46,737

1,729,982

NET BOOK VALUE

At 31 December 2024

34,718

1,137

307,367

At 31 December 2023

53,414

3,130

368,804

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade debtors

494,292

192,471

Amounts owed by group undertakings

2,733,029

2,224,538

Other debtors

2,900

1,400

VAT

63,804

71,716

Prepayments & accrued income

32,111

20,158

3,326,136

2,510,283

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.24

31.12.23

£

£

Trade creditors

702,142

1,020,588

Corporation tax

92,449

-

Social security & other taxes

6,486

11,895

Pension fund creditor

1,638

1,292

Company credit card

9,840

7,400

Accruals & deferred income

22,362

19,000

834,917

1,060,175

7.	LEASING AGREEMENTS

Minimum lease payments under non-cancellable operating leases fall due as follows:

31.12.24

31.12.23

£

£

Within one year

22,139

10,374

Between one and five years

48,524

15,847

70,663

26,221

8.	SECURED DEBTS

On 28 February 2012 a fixed and floating charge was created in favour of HSBC Bank PLC.

An Unlimited Multilateral Guarantee dated 7 January 2019 given by Harris and Ford Limited, All Things Wild Limited and All Things Rural Limited.

9.	PROVISIONS FOR LIABILITIES

31.12.24

31.12.23

£

£

Deferred tax

62,266

74,899

Deferred

tax

£

Balance at 1 January 2024

74,899

Provided during year

(12,633

)

Balance at 31 December 2024

62,266

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Richard James Beresford FCCA (Senior Statutory Auditor)

for and on behalf of Charles Lovell & Co Limited

11.	RELATED PARTY DISCLOSURES

As at the balance sheet date the company was owed £2,098,606 from its parent company (2023: £1,590,115).

As at the balance sheet date the company was owed £634,423 from an associated company (2023: £634,423). During the year, the company made sales of £4,761 to the associated company (2023: £16,601).

As at the balance sheet date the company was owed £22,500 from a related company (2023: £7,500). During the year, the company made sales of £25,000 to the associated company (2023: £25,000).

As at the balance sheet date the company owed £202,911 to a related company (2023: £837,279). During the year the company made sales of £800 (2023: £8,225) and had purchases of £4,410,638 (2023: £3,343,788) with the associated company.

As at the balance sheet date the company was owed £6,240 from a related company (2023: the company owed to £67,760). During the year the company made sales of £6,240 (2023: £49,729) and had purchases of £83,837 (2023: £150,541) with the associated company.

During the year the company made sales of £nil (2023: £1,423) to an associated company.

During the year the company made sales of £32,442 (2023:£50) to a related person.

12.	ULTIMATE CONTROLLING PARTY

The ultimate controlling party is Harris and Ford Limited, a company incorporated in the United Kingdom.