| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED |
| REGISTERED NUMBER: |
| FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2025 |
| FOR |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED (REGISTERED NUMBER: 07564422) |
| CONTENTS OF THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| Page |
| Company Information | 1 |
| Balance Sheet | 2 |
| Notes to the Financial Statements | 4 |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED |
| COMPANY INFORMATION |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| DIRECTOR: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 16 Omega Business Village |
| Thurston Road |
| Northallerton |
| North Yorkshire |
| DL6 2NJ |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED (REGISTERED NUMBER: 07564422) |
| BALANCE SHEET |
| 31 MARCH 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Tangible assets | 4 |
| CURRENT ASSETS |
| Debtors | 5 |
| Cash at bank |
| CREDITORS |
| Amounts falling due within one year | 6 |
| NET CURRENT LIABILITIES | ( |
) | ( |
) |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
7 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital |
| Profit and loss account |
| 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. |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED (REGISTERED NUMBER: 07564422) |
| BALANCE SHEET - continued |
| 31 MARCH 2025 |
| The financial statements were approved by the director and authorised for issue on |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED (REGISTERED NUMBER: 07564422) |
| NOTES TO THE FINANCIAL STATEMENTS |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 1. | STATUTORY INFORMATION |
| Tom Dirom Agricultural Contractors Limited is a |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| 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 |
| Plant and machinery | - |
| Motor vehicles | - |
| 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. |
| Hire purchase and leasing commitments |
| Tangible fixed assets aquired under finance leases or hire purchase contracts are capitalised and |
| depreciated in the same manner as other fixed assets. The related obligations, net of future |
| charges, are included in creditors. |
| Rentals payable under operating leases are charged to the profit and loss account on a straight line |
| basis over the period of the lease. The benefits of lease incentives are recognised in the profit and |
| loss account over the shorter of the lease period and the period to the next review at which the |
| rent is expected to be reset to market rates. |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED (REGISTERED NUMBER: 07564422) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Income recognition |
| Income is recognised when goods have been delivered to customers such that the risks and rewards of |
| ownership have transferred to them. |
| Finance costs of debt |
| The finance costs of debt, including interest and issue costs, are allocated to each period over the |
| term of the debt and charged to the profit and loss account at a constant rate on the outstanding |
| amount. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | TANGIBLE FIXED ASSETS |
| Plant and | Motor |
| machinery | vehicles | Totals |
| £ | £ | £ |
| COST |
| At 1 April 2024 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| At 31 March 2025 |
| DEPRECIATION |
| At 1 April 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) | ( |
) |
| At 31 March 2025 |
| NET BOOK VALUE |
| At 31 March 2025 |
| At 31 March 2024 |
| 5. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| Other debtors |
| TOM DIROM AGRICULTURAL CONTRACTORS |
| LIMITED (REGISTERED NUMBER: 07564422) |
| NOTES TO THE FINANCIAL STATEMENTS - continued |
| FOR THE YEAR ENDED 31 MARCH 2025 |
| 6. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Hire purchase contracts |
| Trade creditors |
| Taxation and social security |
| Other creditors |
| 7. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts |
| 8. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 894,765 | 777,694 |
| Bounce Back Loan have a carrying amount at year end of £19,113 (2024 - £29,113). |
| The UK Government has provided a full guarantee in respect of the loan. |
| The carrying amount of hire purchase and finance at year end is £894,765 (2024: £777,694). |
| The liabilities are secured to the assets in which they relate. |
| 9. | PENSION COMMITMENTS |
| The company operates a defined contribution pension scheme. The assets of the scheme are held |
| separately from those of the company in an independently administered fund. The pension cost |
| represents contributions payable by the company to the fund and amounted to £1,800 (2024: £1,800). |
| Contributions totalling £nil (2024: £nil) were payable to the fund at the year end and are included |
| in creditors. |
| 10. | OTHER FINANCIAL COMMITMENTS |
| At the 31st March 2025, there were non cancellable operating leases totalling £8,307 (2024: £14,171). |