REGISTERED NUMBER: 00928481 (England and Wales)

W. H. STRAWSON (FARMS) LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

W R Strawson

A C Severn

Mrs P J Strawson

REGISTERED OFFICE:

Broughton Grange

Wressle

Brigg

North Lincolnshire

DN20 0BJ

REGISTERED NUMBER:

00928481 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

3 Castlegate

Grantham

Lincolnshire

NG31 6SF

BANKERS:

National Westminster Bank Plc

21 The Square

Retford

Nottinghamshire

DN22 6DL

FIXED ASSETS

Tangible assets

4

12,060,397

8,161,709

CURRENT ASSETS

Valuation

842,982

649,249

Debtors

5

295,218

624,029

Investments

6

138,580

148,962

Cash at bank

699,001

999,856

1,975,781

2,422,096

CREDITORS

Amounts falling due within one year

7

894,481

287,704

NET CURRENT ASSETS

1,081,300

2,134,392

TOTAL ASSETS LESS CURRENT LIABILITIES

13,141,697

10,296,101

CREDITORS

Amounts falling due after more than one year

8

(8,234,951

)

(7,173,979

)

PROVISIONS FOR LIABILITIES

(809,847

)

(382,464

)

NET ASSETS

4,096,899

2,739,658

CAPITAL AND RESERVES

Called up share capital

10

5,000

5,000

Retained earnings

4,091,899

2,734,658

SHAREHOLDERS' FUNDS

4,096,899

2,739,658

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.

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 by the Board of Directors and authorised for issue on 23 November 2025 and were signed on its behalf by:

W R Strawson - Director

1.	STATUTORY INFORMATION

W. H. Strawson (Farms) 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 the fair value of net invoiced sales of produce and contract work, excluding value added tax. Sales of produce are recognised upon despatch. Contract work is recognised in the period in which the services are provided.

Tangible fixed assets

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

Land and buildings

-

4% on cost and Nil

Plant and machinery etc

-

20-25% on reducing balance and 33% on cost

Tangible fixed assets are held at cost less accumulated depreciation.

Stocks

Stock represents the farm valuation which has been prepared by an independent valuer at the lower of cost and fair value.

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.

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 13 (2024 - 11 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 6 April 2024

6,697,752

3,602,272

10,300,024

Additions

4,252,766

284,997

4,537,763

Disposals

(206,562

)

(251,200

)

(457,762

)

At 5 April 2025

10,743,956

3,636,069

14,380,025

DEPRECIATION

At 6 April 2024

76,088

2,062,227

2,138,315

Charge for year

4,096

416,717

420,813

Eliminated on disposal

(18,677

)

(220,823

)

(239,500

)

At 5 April 2025

61,507

2,258,121

2,319,628

NET BOOK VALUE

At 5 April 2025

10,682,449

1,377,948

12,060,397

At 5 April 2024

6,621,664

1,540,045

8,161,709

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

127,539

159,357

Other debtors

25,877

89,062

Prepayments and accrued income

141,802

375,610

295,218

624,029

6.	CURRENT ASSET INVESTMENTS

2025

2024

£

£

Listed investments

138,578

148,960

Unlisted investments

2

2

138,580

148,962

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

76,333

76,483

Trade creditors

191,338

112,736

Tax

-

21,748

Social security and other taxes

5,248

6,715

Other creditors

611,069

61,070

Accruals and deferred income

10,493

8,952

894,481

287,704

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

-

76,333

Amounts owed to group undertakings

6,923,000

6,925,146

Directors' loan accounts

1,311,951

172,500

8,234,951

7,173,979

9.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

76,333

152,816

Pension Scheme loan

550,000

-

626,333

152,816

Hire purchase liabilities are secured against the asset to which they relate.

The loan from the Pension Scheme is secured against specified land and buildings.

10.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

5,000

Ordinary

£1

5,000

5,000