Company No: 05932813 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Intangible assets	3	21,000		28,500
Tangible assets	4	1,363,552		1,373,871
		1,384,552		1,402,371
Current assets
Stocks	5	89,790		78,751
Debtors	6	37,607		264,669
Cash at bank and in hand		220,421		1,493
		347,818		344,913
Creditors: amounts falling due within one year	7	( 623,232)		( 564,552)
Net current liabilities		(275,414)		(219,639)
Total assets less current liabilities		1,109,138		1,182,732
Creditors: amounts falling due after more than one year	8	( 535,894)		( 615,999)
Provision for liabilities		( 12,570)		( 11,451)
Net assets		560,674		555,282
Capital and reserves
Called-up share capital	9	2		2
Profit and loss account		560,672		555,280
Total shareholders' funds		560,674		555,282

For the financial year ending 31 March 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 financial year in accordance with section 476;
• 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; 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 White Row Country Foods Limited (registered number: 05932813) were approved and authorised for issue by the Board of Directors on 20 October 2025. They were signed on its behalf by:

Mrs H M Tucker Director

Mr S J Tucker 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

White Row Country Foods 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 White Row Farm, Beckington, Frome, BA11 6TN, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

Going concern

The directors have assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The directors have 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 or value added tax, returns, rebates and discounts and after eliminating sales within the company.

The company recognises revenue from the sale of goods when the significant risks and rewards of ownership of the goods have passed to the buyer and the amount of revenue can be reliably measured, it is probable that future economic benefits will flow to the entity and the costs incurred or to be incurred in respect of the transaction can be measured reliably.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on tax rates and laws substantively enacted at the balance sheet date. Deferred tax assets and liabilities are not discounted.

Intangible assets

Intangible assets are stated at cost or valuation, net of amortisation and any provision for impairment. Amortisation is provided on all intangible assets at rates to write off the cost or valuation of each asset over its expected useful life as follows:

Goodwill	20 years straight line
Other intangible assets	not amortised

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	15 % reducing balance
Vehicles	25 % reducing balance

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

The cost of finished goods and work in progress comprises direct material and, where applicable, direct labour costs and those overheads that have bene 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

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

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 directors	91		80

3. Intangible assets

	Goodwill		Other intangible assets		Total
	£		£		£
Cost
At 01 April 2024	150,000		2,250		152,250
At 31 March 2025	150,000		2,250		152,250
Accumulated amortisation
At 01 April 2024	123,750		0		123,750
Charge for the financial year	7,500		0		7,500
At 31 March 2025	131,250		0		131,250
Net book value
At 31 March 2025	18,750		2,250		21,000
At 31 March 2024	26,250		2,250		28,500

4. Tangible assets

	Land and buildings		Plant and machinery		Vehicles		Total
	£		£		£		£
Cost
At 01 April 2024	1,309,290		415,446		8,319		1,733,055
At 31 March 2025	1,309,290		415,446		8,319		1,733,055
Accumulated depreciation
At 01 April 2024	0		351,861		7,323		359,184
Charge for the financial year	0		10,027		292		10,319
At 31 March 2025	0		361,888		7,615		369,503
Net book value
At 31 March 2025	1,309,290		53,558		704		1,363,552
At 31 March 2024	1,309,290		63,585		996		1,373,871

Included within the net book value of land and buildings above is £451,873 (2024 - £451,873) in respect of freehold land and buildings, and £857,417 (2024 - £857,417) in respect of long leasehold land and buildings.

5. Stocks

	2025		2024
	£		£
Stocks	89,790		78,751

6. Debtors

	2025		2024
	£		£
Trade debtors	12,607		59,248
Amounts owed by Group undertakings	0		27,072
Other debtors	25,000		178,349
	37,607		264,669

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans and overdrafts	67,483		143,121
Trade creditors	240,021		247,133
Taxation and social security	147,783		166,098
Other creditors	167,945		8,200
	623,232		564,552

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

	2025		2024
	£		£
Bank loans	535,894		615,999

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
2 Ordinary shares of £ 1.00 each	2		2