DALTON HOOK FARM LIMITED


Directors	SCOTT, Joanne Elizabeth
	SCOTT, Lee Martin
	SCOTT, Thomas Antony


Registered Address	Dalton Hook
	Dalton
	Lockerbie
	DG11 1DG


Registered Number	SC500549 (Scotland)

Statement of Financial Position
31 March 2025

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,170,950		1,021,604
			1,170,950		1,021,604
Current assets
Stocks	4	414,958		361,546
Debtors		100,358		92,801
Cash at bank and on hand		202,937		128,218
		718,253		582,565
Creditors amounts falling due within one year	5	(114,987)		(30,311)
Net current assets (liabilities)			603,266		552,254
Total assets less current liabilities			1,774,216		1,573,858
Creditors amounts falling due after one year	6		(38,799)		-
Provisions for liabilities	8		(191,943)		(163,508)
Net assets			1,543,474		1,410,350
Capital and reserves
Called up share capital			880,100		880,100
Profit and loss account			663,374		530,250
Shareholders' funds			1,543,474		1,410,350

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

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

SCOTT, Thomas Antony
Director
Registered Company No. SC500549

DALTON HOOK FARM LIMITED

Notes to the Financial Statements
for the year ended 31 March 2025

1.	Accounting policies

	Statutory information
	The company is a private company limited by shares and registered in Scotland. The company's registered number and registered office address can be found on the Company Information page.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to the Income Statement

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. 

Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	10
	Vehicles	20

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the Income Statement. Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

Stocks and work in progress

Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). 

At each date of Statement of Financial Position, stocks are assessed for impairment.  If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell.  The impairment loss is recognised immediately in the Income Statement.

Work in progress is valued on the basis of direct costs plus attributable overheads based on normal level of activity. Provision is made for any foreseeable losses where appropriate. No element of profit is included in the valuation of work in progress.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	7		7

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Total
	£	£	£
Cost or valuation
At 01 April 24	1,602,360	25,204	1,627,564
Additions	301,496	20,400	321,896
Disposals	(97,400)	-	(97,400)
At 31 March 25	1,806,456	45,604	1,852,060
Depreciation and impairment
At 01 April 24	595,902	10,058	605,960
Charge for year	109,628	7,109	116,737
On disposals	(41,587)	-	(41,587)
At 31 March 25	663,943	17,167	681,110
Net book value
At 31 March 25	1,142,513	28,437	1,170,950
At 31 March 24	1,006,458	15,146	1,021,604

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	25,440	26,910
Other stocks	389,518	334,636
Total	414,958	361,546

5.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	38,668	28,169
Taxation and social security	12,728	-
Finance lease and HP contracts	40,547	-
Other creditors	18,417	-
Accrued liabilities and deferred income	4,627	2,142
Total	114,987	30,311

6.	Creditors: amounts due after one year

	2025	2024
	£	£
Other creditors	38,799	-
Total	38,799	-

7.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	79,346		-

8.	Provisions for liabilities

	2025	2024
	£	£
Net deferred tax liability (asset)	191,943	163,508
Total	191,943	163,508