John Dobson & Son (Carlton) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 00507145 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 MARCH 2025

FOR

JOHN DOBSON & SON (CARLTON) LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTOR:

S H Dobson

REGISTERED OFFICE:

Greenend Farm

Carlton

Wakefield

WF3 3QR

REGISTERED NUMBER:

00507145 (England and Wales)

ACCOUNTANTS:

Fortus Limited

Business Advisors & Accountants

Equinox House

Clifton Park, Shipton Road

York

YO30 5PA

FIXED ASSETS

Tangible assets

4

11,429,492

10,943,091

CURRENT ASSETS

Stocks

760,638

819,944

Debtors

5

513,111

439,469

Cash at bank and in hand

169,250

929,684

1,442,999

2,189,097

CREDITORS

Amounts falling due within one year

6

370,005

489,615

NET CURRENT ASSETS

1,072,994

1,699,482

TOTAL ASSETS LESS CURRENT LIABILITIES

12,502,486

12,642,573

CREDITORS

Amounts falling due after more than
one year

7

(131,306

)

(79,688

)

PROVISIONS FOR LIABILITIES

(1,813,053

)

(1,808,158

)

NET ASSETS

10,558,127

10,754,727

CAPITAL AND RESERVES

Called up share capital

10,720

Capital redemption reserve

3,645

Other reserves

5,356,335

Retained earnings

5,187,427

5,384,027

10,558,127

10,754,727

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 15 December 2025 and were signed by:

S H Dobson - Director

1.	STATUTORY INFORMATION

John Dobson & Son (Carlton) 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.

The financial statements are prepared in pounds sterling, which is the functional and presentation currency of the company. All amounts have been rounded to the nearest pound unless otherwise indicated.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

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

Freehold property

-

4% on cost

Plant and machinery

-

8% on cost

Fixtures and fittings

-

33% on cost and 15% on reducing balance

Motor vehicles

-

25% on reducing balance and 15% on cost

Freehold land is not depreciated.

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Un-sold harvest crops are included in stock at cost of production, being direct inputs and an element of direct overheads.

The company recognises biological assets, agricultural produce and growing crops when it is probable that future economic benefit with the asset flow to the company and applies the cost model.

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.

Tax losses

At the balance sheet date, the company had unutilised trading losses of £1,584,640 (2024: £1,374,481) available for carry forward and set against future taxable profits

These losses may be carried forward indefinitely and the availability of the losses for future use is dependent on the company generating sufficient taxable profits and complying with relevant tax legislation, including any restrictions arising from changes in ownership or the nature of the trade.

Leases

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessees. All other leases are classified as operating leases.

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 15 (2024 - 16 ) .

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 April 2024

11,448,463

2,439,622

137,796

2,062,589

16,088,470

Additions

348,144

103,577

-

290,917

742,638

Disposals

-

(9,400

)

-

(9,400

)

At 31 March 2025

11,796,607

2,533,799

137,796

2,353,506

16,821,708

DEPRECIATION

At 1 April 2024

1,978,333

2,006,534

124,560

1,035,952

5,145,379

Charge for year

-

80,196

2,121

173,639

255,956

Eliminated on disposal

-

(9,119

)

-

(9,119

)

At 31 March 2025

1,978,333

2,077,611

126,681

1,209,591

5,392,216

NET BOOK VALUE

At 31 March 2025

9,818,274

456,188

11,115

1,143,915

11,429,492

At 31 March 2024

9,470,130

433,088

13,236

1,026,637

10,943,091

Land and building were revalued at May 2018 by Savills, independent valuers not connected with the company on the basis of market value. The valuation conforms to International Valuation Standards and was based on recent market transactions at arms length terms for similar properties.

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Trade debtors

259,750

217,564

Other debtors

253,361

221,905

513,111

439,469

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

Bank loans and overdrafts

74,201

88,579

Hire purchase contracts

37,516

32,161

Trade creditors

145,045

171,335

Taxation and social security

15,795

54,996

Other creditors

97,448

142,544

370,005

489,615

Bank loans are secured by a legal charge over freehold property, whereas hire purchase liabilities are secured against the related asset under the hire purchase agreement.

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

Bank loans

-

79,688

Hire purchase contracts

131,306

-

131,306

79,688

Hire purchase liabilities are secured against the related asset under the hire purchase agreement.

8.	RELATED PARTY DISCLOSURES

Included within "Trade Debtors" as at 31 March 2025 is £19,500 (2024: £48,670) due from The Rhubarb Triangle Farm Shop Ltd.

During the year the company charged £9,500, (2024: £3,820) for perishables, £26,000 (2024: £31,200) for administration, and overhead contributions of £38,200 (2024: £28,200) from John Dobson & Son (Carlton) Ltd.

John Dobson & Son (Carlton) Limited is related to The Rhubarb Triangle Farm Shop Ltd by the director and shareholder Mr SH Dobson.

The company rents land partly owned by S H Dobson and during the year, rents on this land amounted to £2,925 (2024: £2,925).

9.	TRANSACTIONS WITH DIRECTORS

At the balance sheet date, the director's loan account was overdrawn by £39,333.79 (2024: £nil). This amount was repaid in full within nine months of the year end.