Company Registration No. 0686278 (England and Wales)
STANGROOM BROS. LIMITED
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
PAGES FOR FILING WITH REGISTRAR
STANGROOM BROS. LIMITED
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 7
STANGROOM BROS. LIMITED
BALANCE SHEET
AS AT
5 APRIL 2025
05 April 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
2,810,268
2,751,820
Investments
5
307,019
307,019
3,117,287
3,058,839
Current assets
Stocks
208,895
257,301
Debtors
6
95,043
89,624
Cash at bank and in hand
452,724
126,141
756,662
473,066
Creditors: amounts falling due within one year
7
(626,377)
(516,631)
Net current assets/(liabilities)
130,285
(43,565)
Total assets less current liabilities
3,247,572
3,015,274
Creditors: amounts falling due after more than one year
8
(1,139,353)
(1,260,408)
Provisions for liabilities
(180,900)
(158,301)
Net assets
1,927,319
1,596,565
Capital and reserves
Called up share capital
420,000
420,000
Profit and loss reserves
1,507,319
1,176,565
Total equity
1,927,319
1,596,565
Company Registration No. 0686278
STANGROOM BROS. LIMITED
BALANCE SHEET (CONTINUED)
AS AT
5 APRIL 2025
05 April 2025
- 2 -

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

For the financial year ended 5 April 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.

T he members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476.

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

The financial statements were approved by the board of directors and authorised for issue on 5 September 2025 and are signed on its behalf by:
Mr N D Stangroom
Director
Company Registration No. 0686278
STANGROOM BROS. LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 5 APRIL 2025
- 3 -
1
Accounting policies
Company information

Stangroom Bros. Limited is a private company limited by shares incorporated in England and Wales. The registered office is Hamrow Farm, Whissonsett, Dereham, Norfolk, NR20 5SX.

1.1
Accounting convention

The financial statements are prepared under the historical cost convention and in accordance with the Financial Reporting Standard for Smaller Entities (effective April 20 15).

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Turnover

Turnover represents amounts receivable for goods and services net of VAT and trade discounts, turnover is recognised at the date farm produce, herbs and fruit are invoiced to the customer upon delivery.

1.3
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Buildings Freehold
2% to 5% straight line and reducing balance basis
Plant and machinery
5% to 15% reducing balance basis
Tractors and trailers
25% reducing balance basis
Computer equipment
25% reducing balance basis
Motor vehicles
20% reducing balance basis
1.4
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost 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.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

Changes in the fair value of derivatives that are designated and qualify as fair value hedges are recognised in profit or loss immediately, together with any changes in the fair value of the hedged asset or liability that are attributable to the hedged risk.

1.5
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

STANGROOM BROS. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
1
Accounting policies
(Continued)
- 4 -
Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.6
Retirement benefits

The company operates a defined contribution scheme for the benefit of its employees. Contributions payable are charged to the profit and loss account in the year payable.

1.7
Leases

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

Assets held under finance leases are recognised as assets at the lower of the assets fair value at the date of inception and the present value of the minimum lease payments. The related liability is included in the balance sheet as a finance lease obligation. Lease payments are treated as consisting of capital and interest elements. The interest is charged to profit or loss so as to produce a constant periodic rate of interest on the remaining balance of the liability.

1.8
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

STANGROOM BROS. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
- 5 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
12
12
4
Tangible fixed assets
Land and buildings
Plant and machinery etc
Total
£
£
£
Cost
At 6 April 2024
3,082,324
2,631,593
5,713,917
Additions
-
0
352,439
352,439
Disposals
-
0
(185,992)
(185,992)
At 5 April 2025
3,082,324
2,798,040
5,880,364
Depreciation and impairment
At 6 April 2024
1,010,102
1,951,995
2,962,097
Depreciation charged in the year
42,314
107,872
150,186
Eliminated in respect of disposals
-
0
(42,187)
(42,187)
At 5 April 2025
1,052,416
2,017,680
3,070,096
Carrying amount
At 5 April 2025
2,029,908
780,360
2,810,268
At 5 April 2024
2,072,222
679,598
2,751,820
5
Fixed asset investments
2025
2024
£
£
Investments
307,019
307,019
STANGROOM BROS. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
5
Fixed asset investments
(Continued)
- 6 -
Movements in fixed asset investments
Investments other than loans
£
Cost or valuation
At 6 April 2024 & 5 April 2025
307,019
Carrying amount
At 5 April 2025
307,019
At 5 April 2024
307,019
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
75,320
81,444
Other debtors
19,723
8,180
95,043
89,624
7
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
78,198
78,186
Trade creditors
269,058
134,504
Taxation and social security
105,840
66,760
Other creditors
173,281
237,181
626,377
516,631

The bank loan and overdraft are secured by way of legal charge on the freehold of the company.

Net obligations under finance lease and hire purchase contracts are secured by fixed charges on the assets concerned.

STANGROOM BROS. LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 5 APRIL 2025
- 7 -
8
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans and overdrafts
962,762
1,045,486
Other creditors
176,591
214,922
1,139,353
1,260,408

The bank loan and overdraft are secured by way of legal charge on the freehold of the company.

Net obligations under finance lease and hire purchase contracts are secured by fixed charges on the assets concerned.

Amounts included above which fall due after five years are as follows:
Payable by instalments
650,137
732,861
Payable other than by instalments
85,443
168,167
735,580
901,028
2025-04-05 2024-04-06 false false false 05 September 2025 CCH Software CCH Accounts Production 2025.200 No description of principal activity Mr N E Stangroom Mr N D Stangroom Mrs A J Gribbon Mrs D Stangroom Mr N D Stangroom 0686278 2024-04-06 2025-04-05 0686278 2025-04-05 0686278 2024-04-05 0686278 core:LandBuildings 2025-04-05 0686278 core:OtherPropertyPlantEquipment 2025-04-05 0686278 core:LandBuildings 2024-04-05 0686278 core:OtherPropertyPlantEquipment 2024-04-05 0686278 core:CurrentFinancialInstruments core:WithinOneYear 2025-04-05 0686278 core:CurrentFinancialInstruments core:WithinOneYear 2024-04-05 0686278 core:CurrentFinancialInstruments 2025-04-05 0686278 core:CurrentFinancialInstruments 2024-04-05 0686278 core:Non-currentFinancialInstruments 2025-04-05 0686278 core:Non-currentFinancialInstruments 2024-04-05 0686278 core:Non-currentFinancialInstruments core:MoreThanFiveYears 2025-04-05 0686278 core:Non-currentFinancialInstruments core:MoreThanFiveYears 2024-04-05 0686278 core:ShareCapital 2025-04-05 0686278 core:ShareCapital 2024-04-05 0686278 core:RetainedEarningsAccumulatedLosses 2025-04-05 0686278 core:RetainedEarningsAccumulatedLosses 2024-04-05 0686278 bus:CompanySecretaryDirector1 2024-04-06 2025-04-05 0686278 core:LandBuildings core:OwnedOrFreeholdAssets 2024-04-06 2025-04-05 0686278 core:PlantMachinery 2024-04-06 2025-04-05 0686278 core:FurnitureFittings 2024-04-06 2025-04-05 0686278 core:ComputerEquipment 2024-04-06 2025-04-05 0686278 core:MotorVehicles 2024-04-06 2025-04-05 0686278 2023-04-06 2024-04-05 0686278 core:LandBuildings 2024-04-05 0686278 core:OtherPropertyPlantEquipment 2024-04-05 0686278 2024-04-05 0686278 core:LandBuildings 2024-04-06 2025-04-05 0686278 core:OtherPropertyPlantEquipment 2024-04-06 2025-04-05 0686278 core:WithinOneYear 2025-04-05 0686278 core:WithinOneYear 2024-04-05 0686278 bus:PrivateLimitedCompanyLtd 2024-04-06 2025-04-05 0686278 bus:SmallCompaniesRegimeForAccounts 2024-04-06 2025-04-05 0686278 bus:FRS102 2024-04-06 2025-04-05 0686278 bus:AuditExemptWithAccountantsReport 2024-04-06 2025-04-05 0686278 bus:Director1 2024-04-06 2025-04-05 0686278 bus:Director2 2024-04-06 2025-04-05 0686278 bus:Director3 2024-04-06 2025-04-05 0686278 bus:Director4 2024-04-06 2025-04-05 0686278 bus:CompanySecretary1 2024-04-06 2025-04-05 0686278 bus:FullAccounts 2024-04-06 2025-04-05 xbrli:pure xbrli:shares iso4217:GBP