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REGISTERED NUMBER: 11883913 (England and Wales)

| C.D. SLY LIMITED |

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 5 APRIL 2025 |

C.D. SLY LIMITED (REGISTERED NUMBER: 11883913)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

| Page |

Company Information | 1 |

Statement of Financial Position | 2 |  | to |  | 3

Notes to the Financial Statements | 4 |  | to |  | 6

C.D. SLY LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 5 APRIL 2025

| DIRECTORS: | Mr C D Sly

| Mrs M M Sly

| REGISTERED OFFICE: | The Manor House

| Deeping St Nicholas

| Spalding

| Lincolnshire

| PE11 3DH

| REGISTERED NUMBER: | 11883913 (England and Wales)

| ACCOUNTANTS: | Duncan & Toplis Limited

| Enterprise Way

| Pinchbeck

| Spalding

| Lincolnshire

| PE11 3YR

C.D. SLY LIMITED (REGISTERED NUMBER: 11883913)

STATEMENT OF FINANCIAL POSITION

5 APRIL 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 3,323 |  | 4,259 |  |

3,323 |  | 4,259 |  |

CURRENT ASSETS

Valuation | 150,005 |  | 107,303 |  |

Debtors | 6 | 206,654 |  | 387,000 |  |

Cash at bank | 9,199 |  | 27,482 |  |

365,858 |  | 521,785 |  |

CREDITORS

Amounts falling due within one year | 7 | 28,123 |  | 69,588 |  |

NET CURRENT ASSETS | 337,735 |  | 452,197 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 341,058 |  | 456,456 |  |

PROVISIONS FOR LIABILITIES | 831 |  | 1,065 |  |

NET ASSETS | 340,227 |  | 455,391 |  |

CAPITAL AND RESERVES

Called up share capital | 8 | 100 |  | 100 |  |

Retained earnings | 340,127 |  | 455,291 |  |

SHAREHOLDERS' FUNDS | 340,227 |  | 455,391 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a) | ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b) | preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

C.D. SLY LIMITED (REGISTERED NUMBER: 11883913)

STATEMENT OF FINANCIAL POSITION - continued

5 APRIL 2025

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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved and authorised for issue by the Board of Directors and authorised for issue on 23 September 2025 and were signed on its behalf by:

Mr C D Sly - Director

C.D. SLY LIMITED (REGISTERED NUMBER: 11883913)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

1. | STATUTORY INFORMATION

| C.D. Sly 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 represents net invoiced sales of farm crops, tanks and area aid excluding value added tax.

| Sales of farm crops and tanks are recognised upon despatch. The Basic Farm Payment is recognised in the financial statements in accordance with current H.M Revenue & Customs guidance.

| Intangible assets

| Intangible assets consist of entitlements to the basic payment. The entitlements are recognised at fair value and written off on a straight line basis over the period to 31 December 2020 when the scheme ends.

| Tangible fixed assets

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

| Stocks

| Stocks have been valued by professional valuers in accordance with HS232 Farm Stock Valuation

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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 statement of financial position date.

| Deferred tax

| Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was NIL (2024 - NIL).

C.D. SLY LIMITED (REGISTERED NUMBER: 11883913)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2025

4. | INTANGIBLE FIXED ASSETS

| Other

| intangible

| assets

£ |

| COST

| At 6 April 2024 | 9,064 |  |

| Disposals | (9,064 | ) |

| At 5 April 2025 | - |  |

| AMORTISATION

| At 6 April 2024 | 9,064 |  |

| Eliminated on disposal | (9,064 | ) |

| At 5 April 2025 | - |  |

| NET BOOK VALUE

| At 5 April 2025 | - |  |

| At 5 April 2024 | - |  |

5. | TANGIBLE FIXED ASSETS

| Plant and

| machinery

| etc

£ |

| COST

| At 6 April 2024

| and 5 April 2025 | 6,150 |  |

| DEPRECIATION

| At 6 April 2024 | 1,891 |  |

| Charge for year | 936 |  |

| At 5 April 2025 | 2,827 |  |

| NET BOOK VALUE

| At 5 April 2025 | 3,323 |  |

| At 5 April 2024 | 4,259 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 25,847 |  | 42,998 |  |

| Other debtors | 180,807 |  | 344,002 |  |

206,654 |  | 387,000 |  |

C.D. SLY LIMITED (REGISTERED NUMBER: 11883913)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 5 APRIL 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 28 |  | 121 |  |

| Taxation and social security | 2,472 |  | 54,482 |  |

| Other creditors | 25,623 |  | 14,985 |  |

28,123 |  | 69,588 |  |

8. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 100 | Ordinary | £1 | 100 |  | 100 |  |