Hall & Sons (Caston) Limited Filleted accounts for Companies House (small and micro)

COMPANY REGISTRATION NUMBER: 04912945

Hall & Sons (Caston) Limited

Unaudited financial statements

30 April 2025

Hall & Sons (Caston) Limited

Statement of financial position

30 April 2025

	2025		2024
Note	£	£	£	£

Fixed assets

Tangible assets	5		3,165,498		2,944,414

Current assets

Stocks		419,613	430,205
Debtors	6	81,711	56,854
		---------	---------
		501,324	487,059

Creditors: Amounts falling due within one year	7	693,282		671,645
		---------		---------
Net current liabilities			191,958		184,586
			-----------		-----------
Total assets less current liabilities			2,973,540		2,759,828

Creditors: Amounts falling due after more than one year	8		1,423,736		1,437,837

Provisions

Taxation including deferred tax	232,802	155,642
	-----------	-----------
Net assets	1,317,002	1,166,349
	-----------	-----------

Capital and reserves

Called up share capital	130	130
Revaluation reserve	82,366	82,366
Profit and loss account	1,234,506	1,083,853
	-----------	-----------
Shareholders funds	1,317,002	1,166,349
	-----------	-----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.

In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.

For the year ending 30 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;

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

Hall & Sons (Caston) Limited

Statement of financial position (continued)

30 April 2025

These financial statements were approved by the board of directors and authorised for issue on 20 September 2025 , and are signed on behalf of the board by:

P W Hall	B A Hall
Director	Director

Company registration number: 04912945

Hall & Sons (Caston) Limited

Notes to the financial statements

Year ended 30 April 2025

1. General information

The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The trading address is Church Farm, Caston, Attleborough, Norfolk, NR17 1DB.

2. Statement of compliance

These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.

3. Accounting policies

Basis of preparation

The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.

The financial statements are prepared in sterling, which is the functional currency of the entity.

Revenue recognition

Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. and the costs incurred or to be incurred in respect of the transactions can be measured reliably.

Taxation

The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.

Intangible assets

Intangible assets are initially recorded at cost, and are subsequently stated at cost less any accumulated amortisation and impairment losses. Any intangible assets carried at revalued amounts, are recorded at the fair value at the date of revaluation, as determined by reference to an active market, less any subsequent accumulated amortisation and subsequent accumulated impairment losses.

Tangible assets

Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

Depreciation

Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

Land and Property	-	4% Straight line, land is not depreciated
Plant and Machinery	-	15% reducing balance
Fixtures and fittings	-	15% reducing balance

Stocks

Commodity stocks, livestock and cultivations are valued at the lower of cost and net realisable value by the director, after making due allowance for obsolete and slow moving items.

Finance leases and hire purchase contracts

Assets held under hire purchase agreements are capitalised and disclosed under tangible fixed assets at their fair value. The capital element of the future payments is treated as a liability and the interest is charged to the profit and loss account at a constant rate of charge on the balance of capital repayments outstanding.

4. Employee numbers

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

5. Tangible assets

	Land and buildings	Plant and machinery	Fixtures and fittings	Total
	£	£	£	£
Cost
At 1 May 2024	2,370,653	1,213,982	48,869	3,633,504
Additions	–	389,126	–	389,126
Disposals	–	( 140,500)	–	( 140,500)
	-----------	-----------	-------	-----------
At 30 April 2025	2,370,653	1,462,608	48,869	3,882,130
	-----------	-----------	-------	-----------
Depreciation
At 1 May 2024	79,402	577,861	31,827	689,090
Charge for the year	12,742	94,116	2,556	109,414
Disposals	–	( 81,872)	–	( 81,872)
	-----------	-----------	-------	-----------
At 30 April 2025	92,144	590,105	34,383	716,632
	-----------	-----------	-------	-----------
Carrying amount
At 30 April 2025	2,278,509	872,503	14,486	3,165,498
	-----------	-----------	-------	-----------
At 30 April 2024	2,291,251	636,121	17,042	2,944,414
	-----------	-----------	-------	-----------

6. Debtors

	2025	2024
	£	£
Trade debtors	23,505	14,039
Other debtors	58,206	42,815
	-------	-------
	81,711	56,854
	-------	-------

7. Creditors: Amounts falling due within one year

	2025	2024
	£	£
Bank loans and overdrafts	206,768	189,713
Trade creditors	68,602	80,100
Social security and other taxes	1,748	1,647
Other creditors	416,164	400,185
	---------	---------
	693,282	671,645
	---------	---------

The bank borrowing is secured by a fixed charge over the property and a floating charge over other assets of the company.

The hire purchase liabilities are secured against the relevant asset.

8. Creditors: Amounts falling due after more than one year

	2025	2024
	£	£
Bank loans and overdrafts	1,180,158	1,254,401
Other creditors	243,578	183,436
	-----------	-----------
	1,423,736	1,437,837
	-----------	-----------

The bank borrowing is secured by a fixed charge over the property and a floating charge over other assets of the company.

The hire purchase liabilities are secured against the relevant asset.

Included within creditors: amounts falling due after more than one year is an amount of £901,864 (2024: £973,802) in respect of liabilities payable or repayable by instalments which fall due for payment after more than five years from the reporting date.