Company No: 00492510 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,597,040		1,663,498
Investments	4	2,489,548		2,489,548
		4,086,588		4,153,046
Current assets
Debtors	5	0		62,677
Cash at bank and in hand		157		79,582
		157		142,259
Creditors: amounts falling due within one year	6	( 629,037)		( 609,388)
Net current liabilities		(628,880)		(467,129)
Total assets less current liabilities		3,457,708		3,685,917
Creditors: amounts falling due after more than one year	7	( 631,439)		( 650,216)
Provision for liabilities	8	( 223,215)		( 241,604)
Net assets		2,603,054		2,794,097
Capital and reserves
Called-up share capital	9	32,000		32,000
Profit and loss account		2,571,054		2,762,097
Total shareholders' funds		2,603,054		2,794,097

For the financial year ending 31 March 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Statement of Income and Retained Earnings has not been delivered.

The financial statements of Woodsford Farms Limited (registered number: 00492510) were approved and authorised for issue by the Board of Directors on 22 December 2025. They were signed on its behalf by:

W A Paul Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and the preceding financial year, unless otherwise stated.

General information and basis of accounting

Woodsford Farms Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Woodsford Estate Office, Woodsford, Dorchester, Dorset, DT2 8AU.

The financial statements have been prepared under the historical cost convention and in accordance with ‘The Financial Reporting Standard applicable in the UK and the Republic of Ireland’ issued by the Financial Reporting Council, including Section 1A of Financial Reporting Standard 102 (FRS102), and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

Turnover

Turnover represents contracting income receivable from Woodsford Farms for services provided during the period.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the balance sheet date.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on enacted or substantively enacted tax rates and laws. Deferred tax assets and liabilities are not discounted.

Deferred tax assets are recognised only to the extent that it is probable that future taxable profit will be available against which the temporary differences can be utilised.

Tangible fixed assets

Tangible fixed assets are stated at cost, net of depreciation and any provision for impairment. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Land and buildings	not depreciated
Plant and machinery	10 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to the statement of income and retained earnings.

Fixed asset investments

Unlisted investments held as fixed assets are stated at cost less impairment.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the Company after deducting all of its liabilities.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Dividends

Equity dividends are recognised when they become legally payable. Interim equity dividends are recognised when paid. Final equity dividends are recognised when approved by the shareholders.

Assets held under hire purchase

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible fixed assets. Assets acquired by finance lease are depreciated over the shorter of the lease term and their useful lives. Assets acquired by hire purchase are depreciated over their useful lives. Finance leases are those where substantially all of the benefits and risks of ownership are assumed by the company. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the statement of income and retained earnings so as to produce a constant periodic rate of charge on the net obligation outstanding in each period.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	2		2

3. Tangible assets

	Land and buildings		Plant and machinery		Total
	£		£		£
Cost
At 01 April 2024	146,498		3,056,819		3,203,317
Additions	0		234,465		234,465
Disposals	0		( 131,942)		( 131,942)
At 31 March 2025	146,498		3,159,342		3,305,840
Accumulated depreciation
At 01 April 2024	0		1,539,819		1,539,819
Charge for the financial year	0		280,808		280,808
Disposals	0		( 111,827)		( 111,827)
At 31 March 2025	0		1,708,800		1,708,800
Net book value
At 31 March 2025	146,498		1,450,542		1,597,040
At 31 March 2024	146,498		1,517,000		1,663,498

.

4. Fixed asset investments

	2025		2024
	£		£
Other investments and loans	2,489,548		2,489,548

Investments at 31 March 2025 related to Woodsford Farms (£2,459,348), Cheselbourne Farms Limited (£30,100) and Woodsford Limited (£100).

5. Debtors

	2025		2024
	£		£
Trade debtors	0		58,542
Other debtors	0		4,135
	0		62,677

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	57,722		66,060
Amounts owed to own subsidiaries	405,799		301,829
Other taxation and social security	50,962		0
Obligations under finance leases and hire purchase contracts	101,281		230,194
Other creditors	13,273		11,305
	629,037		609,388

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts	75,334		94,111
Other creditors	556,105		556,105
	631,439		650,216

8. Deferred tax

	2025		2024
	£		£
At the beginning of financial year	( 241,604)		( 188,989)
Credited/(charged) to the Statement of Income and Retained Earnings	18,389		( 52,615)
At the end of financial year	( 223,215)		( 241,604)

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
30,000 Ordinary shares of £ 1.00 each	30,000		30,000
2,000 Preference shares of £ 1.00 each	2,000		2,000
	32,000		32,000

10. Related party transactions

Other creditors falling due after more than one year consists of amounts due to Cheselbourne Farms Limited (£52,958) and Woodsford Limited (£503,147), subsidiary undertakings of Woodsford Farms Limited.

During the year, the company received contracting income of £294,069 (2024: £265,452) for the hire of machinery to Woodsford Farms, a partnership in which the company is a partner along with the company's two directors. The company's share of loss from Woodsford Farms for the year was £171,311 (2024: £191,979 profit). The company introduced a net £67,341 (2024: £356,840 withdrawn) to the partnership during the year. At the year end, the company's current account balance in the partnership's account was £405,799 (2024: £301,829). This is included within creditors.