Registration number: 06654606

Whole Crop Marketing Ltd

Contents

Company Information	1
Balance Sheet	2
Notes to the Financial Statements	3 to 9

Whole Crop Marketing Ltd

Company Information

Directors

R D Arundel R Dobson J M Warburton

Registered office

Pegasus House Pegasus Road Elsham Wold Ind. Estate Elsham North Lincolnshire DN20 0SQ

Whole Crop Marketing Ltd

(Registration number: 06654606)
Balance Sheet as at 30 June 2025

	Note	2025 £	2024 £
Fixed assets
Tangible assets	4	95,062	236,140
Current assets
Debtors	5	1,677,399	2,258,181
Cash at bank and in hand		143,499	187,745
		1,820,898	2,445,926
Creditors: Amounts falling due within one year	6	(1,521,627)	(2,293,866)
Net current assets		299,271	152,060
Total assets less current liabilities		394,333	388,200
Creditors: Amounts falling due after more than one year	6	-	(4,178)
Net assets		394,333	384,022
Capital and reserves
Called up share capital	8	940	940
Share premium reserve		79,900	79,900
Capital redemption reserve		200	200
Retained earnings		313,293	302,982
Shareholders' funds		394,333	384,022

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 8 December 2025 and signed on its behalf by:
 

......................................... R D Arundel Director

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

1	General information

The Company is a private company limited by share capital, incorporated in England and Wales and the company registration number is 06654606.

The address of its registered office is:
Pegasus House
Pegasus Road
Elsham Wold Ind. Estate
Elsham
North Lincolnshire
DN20 0SQ

These financial statements cover the individual entity, Whole Crop Marketing Limited.

These financial statements were authorised for issue by the Board on 8 December 2025.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Disclosure of long or short period

The year end has been changed from 31st July to 30th June, resulting in an 11 month period compared to a 12 month period in the prior year. The reason for this change is to bring the year end in line with the parent company.

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

Going concern

The directors assess whether the use of going concern is appropriate i.e. whether there are any material uncertainities related to events or conditions that may cast significant doubt on the ability of the company to continue as a going concern. The directors make this assessment in respect of a period of at least one year from the date of authorisation for issue of the financial statements and have concluded that the company has adequate resources to continue in operational existence for the foreseeable future and there are no material uncertainties about the company's ability to continue as a going concern, thus they continue to adopt the going concern basis of accounting in preparing the financial statements. On 1st July, 2025, Whole Crop Marketing Limited ceased to operate as a trading company following the transfer of the company's operations, including its assets and liabilities to Arundel Kerr Produce Limited, the parent company. The company became dormant from 1st July, 2025.

Audit report

The Independent Auditor's Report was unqualified.

The name of the Senior Statutory Auditor who signed the audit report on 9 December 2025 was Adam Millson ACA, who signed for and on behalf of Forrester Boyd Robson Limited.

.........................................

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods in the ordinary course of the Company’s activities. Turnover is shown net of returns, rebates and discounts.

The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Foreign currency transactions and balances

Transactions in foreign currencies are initially recorded at the functional currency rate prevailing at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are retranslated into the respective functional currency of the entity at the rates prevailing on the reporting period date. Non-monetary items carried at fair value that are denominated in foreign currencies are retranslated at the rate on the date when the fair value is re-measured.

Non-monetary items measured in terms of historical cost in a foreign currency are not retranslated.

Tax

The tax expense for the period comprises deferred tax. Tax is recognised in profit or loss, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Deferred income tax is recognised on temporary differences arising between the tax bases of assets and liabilities and their carrying amounts in the financial statements and on unused tax losses or tax credits in the Company. Deferred income tax is determined using tax rates and laws that have been enacted or substantively enacted by the reporting date.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Plant & machinery	20% reducing balance
Motor vehicles	20% reducing balance
Office equipment	33% reducing balance

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised at the transaction price less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the Company will not be able to collect all amounts due according to the original terms of the receivables.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the Company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Trade creditors are recognised at the transaction price.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.

Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.

Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the Company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

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.

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

3	Staff numbers

The average number of persons employed by the Company during the period, was 11 (2024 - 15).

4	Tangible assets

	Office equipment £	Motor vehicles  £	Plant & machinery £	Total £
Cost or valuation
At 1 August 2024	48,222	191,791	381,267	621,280
Disposals	-	(126,705)	(149,000)	(275,705)
At 30 June 2025	48,222	65,086	232,267	345,575
Depreciation
At 1 August 2024	38,249	69,585	277,306	385,140
Charge for the period	3,016	17,531	18,480	39,027
Eliminated on disposal	-	(53,650)	(120,004)	(173,654)
At 30 June 2025	41,265	33,466	175,782	250,513
Carrying amount
At 30 June 2025	6,957	31,620	56,485	95,062
At 31 July 2024	9,973	122,206	103,961	236,140

5

Debtors

Current	2025 £	2024 £
Trade debtors	1,297,339	2,212,314
Prepayments and accrued income	86,289	45,867
Other debtors	293,771	-
	1,677,399	2,258,181

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

6

Creditors

Creditors: amounts falling due within one year

	Note	2025 £	2024 £
Due within one year
Bank loans and overdraft	7	573,586	-
Trade creditors		708,939	1,557,123
Amounts owed to Company undertakings and undertakings in which the Company has a participating interest		96,315	-
Taxation and social security		4,986	35,446
Accruals and deferred income		137,510	133,330
Other creditors		291	567,967
		1,521,627	2,293,866

Creditors include bank loans and of £573,856 (2024 - £nil), net obligations under finance lease and hire purchase contracts which are secured of £nil (2024 - £18,220) and a factoring account of £nil (£549,747).

The bank loan is secured by a fixed and floating charge over all property and undertaking of the company.

The factoring liability is secured by a fixed and floating charge over the undertaking and all property and asset present and future, including goodwill, books debts, uncalled capital, fixtures, plant and machinery.

The obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.

Creditors: amounts falling due after more than one year

	Note	2025 £	2024 £
Due after one year
Loans and borrowings	7	-	4,178

Creditors include bank loans and net obligations under finance lease and hire purchase contracts which are secured of £nil (2024 - £4,178).

The obligations under finance leases and hire purchase contracts are secured on the assets to which they relate.

7	Loans and borrowings

Non-current loans and borrowings

	2025 £	2024 £
Hire purchase contracts	-	4,178

Current loans and borrowings

	2025 £	2024 £
Bank borrowings	573,586	-
Hire purchase contracts	-	18,220
Other borrowings	-	549,747
	573,586	567,967

Whole Crop Marketing Ltd

Notes to the Financial Statements for the Period from 1 August 2024 to 30 June 2025

8	Share capital

Allotted, called up and fully paid shares

	2025		2024
	No.	£	No.	£
Ordinary shares of £0.50 each	1,800	900	1,800	900
Preference A shares of £1 each	10	10	10	10
Preference B shares of £1 each	10	10	10	10
Preference C shares of £1 each	10	10	10	10
Preference D shares of £1 each	10	10	10	10
	1,840	940	1,840	940

9	Relationship between entity and parents

The parent of the largest group in which these financial statements are consolidated is Arundel Kerr Produce Limited, incorporated in England and Wales.

The address of Arundel Kerr Produce Limited is:
Pegasus House,
Pegasus Road,
Elsham Wold Industrial Estate,
Elsham,
Brigg,
North Lincolnshire
DN20 0SQ

10	Non adjusting events after the financial period

On 1st July, 2025, the trade of Whole Crop Marketing Limited was hived up to the parent company, Arundel Kerr Produce Limited.