REGISTERED NUMBER: 04951291 (England and Wales)

SALE & SON LIMITED

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

N J Sale

SECRETARY:

MC Secretaries Limited

REGISTERED OFFICE:

Station House

North Street

Havant

Hampshire

PO9 1QU

REGISTERED NUMBER:

04951291 (England and Wales)

ACCOUNTANTS:

Morris Crocker

Chartered Accountants

Lake House

2 Port Way

Port Solent

Portsmouth

Hampshire

PO6 4TY

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

153,734

133,728

153,734

133,728

CURRENT ASSETS

Debtors

6

98,022

65,494

Cash at bank

221,287

226,749

319,309

292,243

CREDITORS

Amounts falling due within one year

7

294,606

226,571

NET CURRENT ASSETS

24,703

65,672

TOTAL ASSETS LESS CURRENT LIABILITIES

178,437

199,400

PROVISIONS FOR LIABILITIES

8

37,445

32,307

NET ASSETS

140,992

167,093

CAPITAL AND RESERVES

Called up share capital

9

2

2

Retained earnings

140,990

167,091

SHAREHOLDERS' FUNDS

140,992

167,093

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The director acknowledges his 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 Income Statement has not been delivered.

The financial statements were approved by the director and authorised for issue on 9 December 2025 and were signed by:

N J Sale - Director

1.	STATUTORY INFORMATION

Sale & Son 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 services supplied, excluding value added tax . The company provides agricultural services solely in the United Kingdom.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2003, has been fully amortised.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Plant and machinery

-

15% on cost

Tractors

-

15% on cost

Motor vehicles

-

20% on cost

Financial instruments

Debtors and cash at bank: Trade and other debtors are recognised at the settlement amount due after any trade discount offered. Prepayments are valued at the amount prepaid net of any trade discounts due. Cash at bank and in hand includes cash on deposit or in a current account.

Creditors and provisions: Creditors and provisions are recognised where there is a present obligation resulting from a past event that will probably result in the transfer of economic benefits to a third party and the amount due to settle the obligation can be measured or estimated reliably. Creditors and provisions are normally recognised at their settlement amount after allowing for any trade discounts due.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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 balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet 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.

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 3 (2024 - 3 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 April 2024

and 31 March 2025

8,000

AMORTISATION

At 1 April 2024

and 31 March 2025

8,000

NET BOOK VALUE

At 31 March 2025

-

At 31 March 2024

-

5.	TANGIBLE FIXED ASSETS

Plant and

Motor

machinery

Tractors

vehicles

Totals

£

£

£

£

COST

At 1 April 2024

254,427

88,001

6,500

348,928

Additions

33,900

9,433

19,417

62,750

At 31 March 2025

288,327

97,434

25,917

411,678

DEPRECIATION

At 1 April 2024

156,626

54,174

4,400

215,200

Charge for year

29,959

8,202

4,583

42,744

At 31 March 2025

186,585

62,376

8,983

257,944

NET BOOK VALUE

At 31 March 2025

101,742

35,058

16,934

153,734

At 31 March 2024

97,801

33,827

2,100

133,728

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

74,732

45,074

Other debtors

23,290

20,420

98,022

65,494

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

101

89

Taxation and social security

11,821

10,855

Other creditors

282,684

215,627

294,606

226,571

8.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

37,445

32,307

Deferred

tax

£

Balance at 1 April 2024

32,307

Accelerated capital allowances

5,138

Balance at 31 March 2025

37,445

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

1

Ordinary A

£1

1

1

1

Ordinary B

£1

1

1

2

2

10.	ULTIMATE CONTROLLING PARTY

There is no overall controlling party.