REGISTERED NUMBER: 01163506 (England and Wales)

ORETON SECURITIES

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 5 APRIL 2025

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

3

to

5

DIRECTORS:

J D Allen

J E Smith

SECRETARY:

J D Allen

REGISTERED OFFICE:

2 Kayes Walk

Stoney Street

The Lace Market

Nottingham

NG1 1PZ

REGISTERED NUMBER:

01163506 (England and Wales)

ACCOUNTANTS:

Duncan & Toplis Limited

14 London Road

Newark

Nottinghamshire

NG24 1TW

FIXED ASSETS

Intangible assets

4

-

-

Property, plant and equipment

5

150,000

150,000

Investments

6

2,465,900

2,572,667

2,615,900

2,722,667

CURRENT ASSETS

Inventories

59,695

29,596

Debtors

7

21,290

4,539

Cash at bank

90,446

80,033

171,431

114,168

CREDITORS

Amounts falling due within one year

8

42,983

27,414

NET CURRENT ASSETS

128,448

86,754

TOTAL ASSETS LESS CURRENT LIABILITIES

2,744,348

2,809,421

PROVISIONS FOR LIABILITIES

209,539

231,257

NET ASSETS

2,534,809

2,578,164

CAPITAL AND RESERVES

Called up share capital

9

360,310

360,310

Fair value reserve

10

628,618

693,774

Retained earnings

1,545,881

1,524,080

SHAREHOLDERS' FUNDS

2,534,809

2,578,164

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 5 April 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 5 April 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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 Board of Directors and authorised for issue on 22 December 2025 and were signed on its behalf by:

J D Allen - Director

1.	STATUTORY INFORMATION

Oreton Securities 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 as modified by the revaluation of certain assets.

Revenue

Revenue, which excludes value added tax represents the invoiced value of goods supplied in respect of the farming activity.

Intangible assets

Intangible assets consist of entitlements to the basic payment allowance. The entitlements are recognised at market value and written off over the period to 31 December 2019 when the scheme ends.

Property, plant and equipment

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

Land and buildings

-

not provided

In the case of the freehold building, the directors consider that the life of the building and its residual value is such that the depreciation is not significant.

Inventories

Inventories are valued as follows:

Fertiliser, seed and growing crops - at the lower of cost and fair value less costs to complete and sell. Cost in respect of growing crops comprises labour (including ground preparation costs), seed and fertiliser where applicable.

Grain in store - at the lower of cost and fair value less costs to complete and sell. Cost includes all direct expenditure and production overheads. Subsidies receivable for crops are recognised when the grain is sold.

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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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.

Investments

Quoted investments are measured at fair value through the income statement, where fair value is determined by reference to the bid price at the relevant financial reporting date.

Income generated from investments is included net of the related tax credits, in the income statement of the financial reporting period in which it is received.

3.	EMPLOYEES AND DIRECTORS

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

4.	INTANGIBLE FIXED ASSETS

Other

intangible

assets

£

COST

At 6 April 2024

10,488

Disposals

(10,488

)

At 5 April 2025

-

AMORTISATION

At 6 April 2024

10,488

Eliminated on disposal

(10,488

)

At 5 April 2025

-

NET BOOK VALUE

At 5 April 2025

-

At 5 April 2024

-

5.	PROPERTY, PLANT AND EQUIPMENT

Land and

buildings

£

COST

At 6 April 2024

and 5 April 2025

199,551

DEPRECIATION

At 6 April 2024

and 5 April 2025

49,551

NET BOOK VALUE

At 5 April 2025

150,000

At 5 April 2024

150,000

6.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 6 April 2024

2,572,667

Additions

99,374

Disposals

(164,507

)

Revaluations

(41,929

)

Dividends received

295

At 5 April 2025

2,465,900

NET BOOK VALUE

At 5 April 2025

2,465,900

At 5 April 2024

2,572,667

Quoted investments are measured at fair value which is determined by reference to the bid price at the relevant reporting date.

7.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

11,739

226

Other debtors

9,551

4,313

21,290

4,539

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

11,083

1,498

Taxation and social security

10,224

1,450

Other creditors

21,676

24,466

42,983

27,414

9.	CALLED UP SHARE CAPITAL

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

£

360,310

Ordinary

£1

360,310

360,310

10.

RESERVES

Fair

value

reserve

£

At 6 April 2024

693,774

Revaluation of investments

(86,875

)

Deferred tax movement

21,719

At 5 April 2025

628,618