Balance sheet continued

As at 31 December 2025

For the year ending 31 December 2025 the company was entitled to exemption under section 477 of the Companies Act 2006 relating to small companies.

The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These accounts have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The notes form part of these financial statements

Notes to the Financial Statements

for the Period Ended 31 December 2025

• 1. Accounting policies

  Basis of measurement and preparation

  These financial statements have been prepared in accordance with the provisions of Section 1A (Small Entities) of Financial Reporting Standard 102

  Turnover policy

  Turnover represents net invoiced sales excluding vat

  Valuation information and policy

  The company holds a 50% interest in freehold land which is subject to an agricultural tenancy. The land was purchased during the period at its open market valuation at the time. The directors evaluate and reflect the open market value of this land at each Balance Sheet date using expert opinion if required with movements reflected in the revaluation reserve