REGISTERED NUMBER: 13910788 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 March 2025

for

Raines Agricultural Holdings Limited

Page

Balance Sheet

1

Notes to the Financial Statements

2

FIXED ASSETS

Investment property

4

1,036,570

950,000

CURRENT ASSETS

Debtors

5

29,596

5,666

Cash at bank and in hand

777

9,556

30,373

15,222

CREDITORS

Amounts falling due within one year

6

786,565

740,078

NET CURRENT LIABILITIES

(756,192

)

(724,856

)

TOTAL ASSETS LESS CURRENT LIABILITIES

280,378

225,144

CREDITORS

Amounts falling due after more than one year

7

(101,508

)

(138,451

)

PROVISIONS FOR LIABILITIES

(42,718

)

(16,017

)

NET ASSETS

136,152

70,676

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

136,052

70,576

136,152

70,676

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the director and authorised for issue on 22 December 2025 and were signed by:

Mr A J Raines - Director

1.	STATUTORY INFORMATION

Raines Agricultural Holdings Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

Registered number:

13910788

Registered office:

Littleton Steel

Bristol Road

Hewish

Weston-Super-Mare

BS24 6SF

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.

Turnover

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

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

Financial instruments

Classification

The company holds the following financial instruments:

Short term debtors and creditors;

Cash and bank balances; and

Unlisted investments.

All financial instruments are classified as basic.

Recognition and measurement

The company has elected to apply the provisions FRS102 to all of its financial instruments.

Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

Such instruments are initially measured at transaction price, including transition costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2024 - 1 ) .

4.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 April 2024

950,000

Revaluations

86,570

At 31 March 2025

1,036,570

NET BOOK VALUE

At 31 March 2025

1,036,570

At 31 March 2024

950,000

Fair value at 31 March 2025 is represented by:

£

Valuation in 2024

84,301

Valuation in 2025

86,570

Cost

865,699

1,036,570

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

24,532

-

Other debtors

5,064

5,666

29,596

5,666

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Other loans

26,061

15,180

Trade creditors

299

-

Tax

1,315

158

Other creditors

757,240

722,240

Accruals and deferred income

1,650

2,500

786,565

740,078

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

101,508

138,451

8.	RELATED PARTY DISCLOSURES

The director of the company is also a director of Littleton Steel Limited. Included within other creditors is a balance of £757,239 (2024:£722,239) due to Littleton Steel Limited.The loan is interest free and repayable on demand.