REGISTERED NUMBER: 00703637 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31ST MARCH 2025

FOR

W.J.MILLER & SONS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

S J D Miller

REGISTERED OFFICE:

Woodland Grange

Clanville

Andover

Hampshire

SP11 9JE

REGISTERED NUMBER:

00703637 (England and Wales)

FIXED ASSETS

Tangible assets

4

3,410,648

3,563,100

Investments

5

24,025

24,025

3,434,673

3,587,125

CURRENT ASSETS

Stocks

200,060

201,244

Debtors

6

221,837

507,512

Cash at bank

142,008

145,176

563,905

853,932

CREDITORS

Amounts falling due within one year

7

225,044

359,137

NET CURRENT ASSETS

338,861

494,795

TOTAL ASSETS LESS CURRENT LIABILITIES

3,773,534

4,081,920

CREDITORS

Amounts falling due after more than one year

8

(748,498

)

(825,825

)

PROVISIONS FOR LIABILITIES

(142,730

)

(174,584

)

NET ASSETS

2,882,306

3,081,511

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Retained earnings

2,872,306

3,071,511

SHAREHOLDERS' FUNDS

2,882,306

3,081,511

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31st 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 18th December 2025 and were signed by:

S J D Miller - Director

1.	STATUTORY INFORMATION

W.J.Miller & Sons 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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 income derived from the company's principal activity and is stated net of value added tax.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

None provided and Straight line over 50 years

Plant and machinery etc

-

25% on reducing balance, 25% on cost and Straight line over 30 years

Depreciation is provided on freehold buildings to write off the cost of buildings over 50 years. No depreciation is provided on land.

Stocks

Livestocks, tillages and stores are professionally valued at the lower of cost and net realisable value.

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.

Foreign currencies

Assets and liabilities in foreign currencies are translated into sterling at the rates of exchange ruling at the balance sheet date. Transactions in foreign currencies are translated into sterling at the rate of exchange ruling at the date of transaction. Exchange differences are taken into account in arriving at the operating result.

Hire purchase and leasing commitments

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Pension costs and other post-retirement benefits

The company participates in a centralised pension scheme operated by an independent pension provider. Contributions payable for the year are charged in the profit and loss account.

Government grants

Grants that relate to specific capital expenditure are treated as deferred income which is then credited to the profit and loss account over the related asset's useful life.

Other grants are credited to the profit and loss account when received.

Fixed asset investments

Fixed asset investments are recognised at cost.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 5 (2024 - 5 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1st April 2024

3,048,695

1,633,381

4,682,076

Additions

-

42,730

42,730

Disposals

-

(16,978

)

(16,978

)

At 31st March 2025

3,048,695

1,659,133

4,707,828

DEPRECIATION

At 1st April 2024

183,956

935,020

1,118,976

Charge for year

25,033

167,829

192,862

Eliminated on disposal

-

(14,658

)

(14,658

)

At 31st March 2025

208,989

1,088,191

1,297,180

NET BOOK VALUE

At 31st March 2025

2,839,706

570,942

3,410,648

At 31st March 2024

2,864,739

698,361

3,563,100

Included in cost of land and buildings is freehold land of £ 1,797,067 (2024 - £ 1,797,067 ) which is not depreciated.

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Plant and

machinery

etc

£

COST

At 1st April 2024

359,595

Transfer to ownership

(35,000

)

At 31st March 2025

324,595

DEPRECIATION

At 1st April 2024

99,736

Charge for year

58,963

Transfer to ownership

(10,990

)

At 31st March 2025

147,709

NET BOOK VALUE

At 31st March 2025

176,886

At 31st March 2024

259,859

5.	FIXED ASSET INVESTMENTS

31.3.25

31.3.24

£

£

Other investments not loans

25

25

Other loans

24,000

24,000

24,025

24,025

Additional information is as follows:

Other

investments

£

COST

At 1st April 2024

and 31st March 2025

25

NET BOOK VALUE

At 31st March 2025

25

At 31st March 2024

25

Wiltshire

Grain

qualification

loan

£

At 1st April 2024

and 31st March 2025

24,000

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Trade debtors

53,987

250,592

Other debtors

167,850

256,920

221,837

507,512

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans and overdrafts

65,788

65,789

Hire purchase contracts

52,282

34,994

Trade creditors

27,201

13,769

Taxation and social security

32,786

56,208

Other creditors

46,987

188,377

225,044

359,137

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

31.3.25

31.3.24

£

£

Bank loans

700,455

756,137

Hire purchase contracts

48,043

69,688

748,498

825,825

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

437,303

492,986

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.3.25

31.3.24

£

£

Bank loans

766,243

821,926

Hire purchase contracts

100,325

104,682

866,568

926,608