Company registration number 07968395 (England and Wales)
FERNWOOD AGRICULTURE LIMITED
ANNUAL REPORT AND FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
FERNWOOD AGRICULTURE LIMITED
COMPANY INFORMATION
Directors
R P Holehouse
C E H Holehouse
K E Cressey
Secretary
J Skinner
Company number
07968395
Registered office
Fernwood House
Fernwood Drive
Main Road
Watnall
Nottingham
NG16 1LA
Auditor
UHY Hacker Young
14 Park Row
Nottingham
NG1 6GR
FERNWOOD AGRICULTURE LIMITED
CONTENTS
Page
Directors' report
2 - 3
Independent auditor's report
4 - 7
Profit and loss account
8
Balance sheet
9
Statement of changes in equity
10
Notes to the financial statements
11 - 18
FERNWOOD AGRICULTURE LIMITED
STRATEGIC REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 1 -
The directors present their strategic report for the year ended 30 September 2025.
Fair review of the business

The company has continued to operate as an arable farm during the year. The directors consider that the KPIs for the business are turnover and gross profit. The 2025 harvest was significantly improved compared to the 2024 harvest which was impacted by the heavy rain at the end of 2023/​early 2024, which significantly reduced cropping and yields. The impacted harvest from the prior period has generated turnover for the 2025 financial year of £89,086, which is £222,890 lower than turnover in 2024, the 2025 crops are expected to increase revenues in the next financial year. Gross profit has increased in the year from £36,832 in 2024 to £38,442 in 2025 due to the impacted cropping causing write-offs chargeable to cost of sales in the prior financial year. Income from subsidies and RPA claims has decreased due to the gradual phasing out of the subsidy payment system. This has resulted in a net loss of £122,620 compared to a net loss in the previous year of £127,515. The balance sheet is showing net liabilities of £319,049 compared to net liabilities in the previous year of £196,429. The directors are satisfied with these year-​end results and will continue to be supported by its parent company, Fernwood Group Limited, where necessary.

Principal risks and uncertainties

The market for arable produce may be impacted by foreign currency exchange rate movements as most are produced in the Euro and Dollar zones. As has been demonstrated in the current and previous financial years, quality and quantity affect the selling price and some of this is due to events which are not controllable, such as weather and global instability. Government Policy will gradually reduce subsidy payments over the coming years and the Company continues to identify environmental schemes to replace this declining subsidy. Cropping for the 2026 harvest is ongoing. A new energy efficient grain drying store was commissioned in August 2024.

Following the UK's exit from the European Union, the directors are satisfied that the implications and impact that this may have upon the company are manageable and the agreement of a trade deal with the EU has reduced some of the uncertainty faced had the UK exited without a deal.

On behalf of the board

R P Holehouse
Director
20 January 2026
FERNWOOD AGRICULTURE LIMITED
DIRECTORS' REPORT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 2 -

The directors present their annual report and financial statements for the year ended 30 September 2025.

Principal activities

The principal activity of the company is that of arable farming.

Results and dividends

The results for the year are set out on page 8.

No ordinary dividends were paid. The directors do not recommend payment of a final dividend.

Directors

The directors who held office during the year and up to the date of signature of the financial statements were as follows:

R P Holehouse
C E H Holehouse
K E Cressey
Auditor

In accordance with the company's articles, a resolution proposing that UHY Hacker Young be reappointed as auditor of the company will be put at a General Meeting.

Statement of directors' responsibilities

The directors are responsible for preparing the annual report and the financial statements in accordance with applicable law and regulations.

Company law requires the directors to prepare financial statements for each financial year. Under that law the directors have elected to prepare the financial statements in accordance with United Kingdom Generally Accepted Accounting Practice (United Kingdom Accounting Standards and applicable law). Under company law, the directors must not approve the financial statements unless they are satisfied that they give a true and fair view of the state of affairs of the company and of the profit or loss of the company for that period.

In preparing these financial statements, the directors are required to:

- select suitable accounting policies and then apply them consistently;

- make judgements and accounting estimates that are reasonable and prudent;

- state whether applicable UK Accounting Standards have been followed, subject to any material departures disclosed and explained in the financial statements; and

- prepare the financial statements on the going concern basis unless it is inappropriate to presume that the company will continue in business.

The directors are responsible for keeping adequate accounting records that are sufficient to show and explain the company’s transactions and disclose with reasonable accuracy at any time the financial position of the company and enable them to ensure that the financial statements comply with the Companies Act 2006. They are also responsible for safeguarding the assets of the company and hence for taking reasonable steps for the prevention and detection of fraud and other irregularities.

FERNWOOD AGRICULTURE LIMITED
DIRECTORS' REPORT (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 3 -
Statement of disclosure to auditor

So far as each person who was a director at the date of approving this report is aware, there is no relevant audit information of which the company’s auditor is unaware. Additionally, the directors individually have taken all the necessary steps that they ought to have taken as directors in order to make themselves aware of all relevant audit information and to establish that the company’s auditor is aware of that information.

On behalf of the board
R P Holehouse
Director
20 January 2026
INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF FERNWOOD AGRICULTURE LIMITED
- 4 -
Opinion

We have audited the financial statements of Fernwood Agriculture Limited (the 'company') for the year ended 30 September 2025 which comprise the profit and loss account, the balance sheet, the statement of changes in equity and notes to the financial statements, including significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

- give a true and fair view of the state of the company's affairs as at 30 September 2025 and of its loss for the year then ended;

- have been properly prepared in accordance with United Kingdom Generally Accepted Accounting Practice; and

- have been prepared in accordance with the requirements of the Companies Act 2006.

Basis for opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor's responsibilities for the audit of the financial statements section of our report. We are independent of the company in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the directors' use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the company's ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the directors with respect to going concern are described in the relevant sections of this report.

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF FERNWOOD AGRICULTURE LIMITED (CONTINUED)
- 5 -

Other information

The other information comprises the information included in the annual report other than the financial statements and our auditor's report thereon. The directors are responsible for the other information contained within the annual report. Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon. Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit, or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether this gives rise to a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact.

We have nothing to report in this regard.

Opinions on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of our audit:

- the information given in the strategic report and the directors' r eport for the financial year for which the financial statements are prepared is consistent with the financial statements; and

- the strategic report and the directors' report have been prepared in accordance with applicable legal requirements.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the company and its environment obtained in the course of the audit, we have not identifie d material misstatements in the strategic report or the directors' r eport.

We have nothing to report in respect of the following matters in relation to which the Companies Act 2006 requires us to report to you if, in our opinion:

- adequate accounting records have not been kept, or returns adequate for our audit have not been received from branches not visited by us; or

- the financial statements are not in agreement with the accounting records and returns; or

- certain disclosures of directors' remuneration specified by law are not made; or

- we have not received all the information and explanations we require for our audit.

Responsibilities of directors

As explained more fully in the directors' r esponsibilities s tatement, the directors are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the directors determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error. In preparing the financial statements, the directors are responsible for assessing the company's ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the directors either intend to liquidate the company or to cease operations, or have no realistic alternative but to do so.

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF FERNWOOD AGRICULTURE LIMITED (CONTINUED)
- 6 -
Auditor's responsibilities for the audit of the financial statements

Our objectives are to obtain reasonable assurance about whether the financial statements as a whole are free from material misstatement, whether due to fraud or error, and to issue an auditor's report that includes our opinion. Reasonable assurance is a high level of assurance but is not a guarantee that an audit conducted in accordance with ISAs (UK) will always detect a material misstatement when it exists. Misstatements can arise from fraud or error and are considered material if, individually or in the aggregate, they could reasonably be expected to influence the economic decisions of users taken on the basis of these financial statements.

The extent to which our procedures are capable of detecting irregularities, including fraud, is detailed below.

Based on our understanding of the company and the industry in which it operates, we identified that the principal risks of non-compliance with laws and regulations related to the acts by the company, which were contrary to applicable laws and regulations including fraud, and we considered the extent to which non-compliance might have a material effect on the financial statements. We also considered those laws and regulations that have a direct impact on the preparation of the financial statements such as the Companies Act 2006. We evaluated management’s incentives and opportunities for fraudulent manipulation of the financial statements (including the risk of override of controls), and determined that the principal risks were related to inflated revenue and profit.

We assessed the risks of material misstatement in respect of irregularities, including fraud and non-compliance with laws and regulations by considering the following:

- The nature of the industry and the business performance

- Discussions with directors and management and consideration of their policies and procedures for identifying non-compliance or detecting and responding to the risks of fraud.

- Communication throughout the audit team to remain alert to indications of non-compliance throughout the audit.

Based on the results of our risk assessment we designed our audit procedures to identify fraud and non-compliance with such laws and regulations identified above.

- We reviewed disclosures in the financial statements and verified to supporting documentation

- We considered the risk of fraud through management override of controls, and in response we incorporated testing of manual journals throughout our audit approach.

- We performed analytical procedures to identify any usual or unexpected trends or relationships that may indicate risks of material misstatements due to fraud.

- We made enquiries into management of any actual and potential litigation and claims.

There are inherent limitations in the audit procedures described above and the further removed noncompliance with laws and regulations is from the events and transactions reflected in the financial statements, the less likely we would become aware of it. Also, the risk of not detecting a material misstatement due to fraud is higher than the risk of not detecting one resulting from error, as fraud may involve deliberate concealment by, for example, forgery or intentional misrepresentations, or through collusion.

A further description of our responsibilities is available on the Financial Reporting Council’s website at: https://www.frc.org.uk/auditorsresponsibilities. This description forms part of our auditor's report.

INDEPENDENT AUDITOR'S REPORT
TO THE MEMBERS OF FERNWOOD AGRICULTURE LIMITED (CONTINUED)
- 7 -

Use of our report

This report is made solely to the company's members, as a body, in accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken so that we might state to the company's members those matters we are required to state to them in an auditor's report and for no other purpose. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and the company's members as a body, for our audit work, for this report, or for the opinions we have formed.

David Allum
27 January 2026
Senior Statutory Auditor
For and on behalf of UHY Hacker Young
Chartered Accountants
FERNWOOD AGRICULTURE LIMITED
PROFIT AND LOSS ACCOUNT
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 8 -
2025
2024
Notes
£
£
Turnover
3
89,086
311,976
Cost of sales
(50,644)
(275,144)
Gross profit
38,442
36,832
Administrative expenses
(234,226)
(250,357)
Other operating income
64,916
122,764
Loss before taxation
(130,868)
(90,761)
Tax on loss
8
8,248
(36,754)
Loss for the financial year
(122,620)
(127,515)

The profit and loss account has been prepared on the basis that all operations are continuing operations.

FERNWOOD AGRICULTURE LIMITED
BALANCE SHEET
AS AT 30 SEPTEMBER 2025
30 September 2025
- 9 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
9
6,279,809
6,352,938
Current assets
Stocks
10
206,976
70,151
Debtors
11
18,069
17,009
Cash at bank and in hand
76,486
224,686
301,531
311,846
Creditors: amounts falling due within one year
12
(6,697,217)
(6,649,793)
Net current liabilities
(6,395,686)
(6,337,947)
Total assets less current liabilities
(115,877)
14,991
Provisions for liabilities
Deferred tax liability
13
203,172
211,420
(203,172)
(211,420)
Net liabilities
(319,049)
(196,429)
Capital and reserves
Called up share capital
15
2
2
Profit and loss reserves
(319,051)
(196,431)
Total equity
(319,049)
(196,429)
The financial statements were approved by the board of directors and authorised for issue on 20 January 2026 and are signed on its behalf by:
C E H Holehouse
Director
Company registration number 07968395 (England and Wales)
FERNWOOD AGRICULTURE LIMITED
STATEMENT OF CHANGES IN EQUITY
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 10 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 October 2023
2
(68,916)
(68,914)
Year ended 30 September 2024:
Loss and total comprehensive income for the year
-
(127,515)
(127,515)
Balance at 30 September 2024
2
(196,431)
(196,429)
Year ended 30 September 2025:
Loss and total comprehensive income for the year
-
(122,620)
(122,620)
Balance at 30 September 2025
2
(319,051)
(319,049)
FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 11 -
1
Accounting policies
Company information

Fernwood Agriculture Limited is a private company limited by shares incorporated in England and Wales. The registered office is Fernwood House, Fernwood Drive, Main Road, Watnall, Nottingham, NG16 1LA.

1.1
Accounting convention

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006.

Financial Reporting Standard 102 - reduced disclosure exemptions

The company has taken advantage of the following disclosure exemptions in preparing these financial statements, as permitted by FRS 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland".

- The requirements of Section 7 Statement of Cash Flows;

- The requirement of paragraph 33.7.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Turnover

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

FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 12 -
1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
Straight line over 25 years
Motor vehicles
33% on cost

Freehold land is not depreciated.

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 profit or loss.

1.5
Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

1.6
Financial instruments
Impairment of financial assets

Financial assets, other than those held at fair value through profit and loss, are assessed for indicators of impairment at each reporting end date.

Financial assets are impaired where there is objective evidence that, as a result of one or more events that occurred after the initial recognition of the financial asset, the estimated future cash flows have been affected. If an asset is impaired, the impairment loss is the difference between the carrying amount and the present value of the estimated cash flows discounted at the asset’s original effective interest rate. The impairment loss is recognised in profit or loss.

If there is a decrease in the impairment loss arising from an event occurring after the impairment was recognised, the impairment is reversed. The reversal is such that the current carrying amount does not exceed what the carrying amount would have been, had the impairment not previously been recognised. The impairment reversal is recognised in profit or loss.

Derecognition of financial assets

Financial assets are derecognised only when the contractual rights to the cash flows from the asset expire or are settled, or when the company transfers the financial asset and substantially all the risks and rewards of ownership to another entity, or if some significant risks and rewards of ownership are retained but control of the asset has transferred to another party that is able to sell the asset in its entirety to an unrelated third party.

Derecognition of financial liabilities

Financial liabilities are derecognised when the company’s contractual obligations expire or are discharged or cancelled.

FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
1
Accounting policies
(Continued)
- 13 -
1.7
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

2
Judgements and key sources of estimation uncertainty

There were no judgements and estimation uncertainties that have been made in the process of applying the above accounting policies that have had a significant effect on amounts recognised in the financial statements or have caused a significant risk of material adjustment to the carrying amounts of assets and liabilities within the next financial year.

3
Turnover and other revenue
2025
2024
£
£
Turnover analysed by class of business;
Sale of crops
89,086
311,976
4
Operating loss
2025
2024
Operating loss for the year is stated after charging:
£
£
Depreciation of tangible fixed assets
73,129
74,381
FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 14 -
5
Auditor's remuneration
2025
2024
Fees payable to the company's auditor and associates:
£
£
For audit services
Audit of the financial statements of the company
4,200
4,000
6
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
2
2

Their aggregate remuneration comprised:

2025
2024
£
£
Wages and salaries
110,353
108,303
Social security costs
12,572
11,717
Pension costs
3,403
3,092
126,328
123,112
7
Directors' remuneration
2025
2024
£
£
Remuneration for qualifying services
75,213
71,830
Company pension contributions to defined contribution schemes
3,403
3,092
78,616
74,922

The number of directors for whom retirement benefits are accruing under defined contribution schemes amounted to 1 (2024 - 1)

FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 15 -
8
Taxation
2025
2024
£
£
Deferred tax
Origination and reversal of timing differences
(8,248)
36,754

The actual (credit)/charge for the year can be reconciled to the expected credit for the year based on the profit or loss and the standard rate of tax as follows:

2025
2024
£
£
Loss before taxation
(130,868)
(90,761)
Expected tax credit based on the standard rate of corporation tax in the UK of 25.00% (2024: 25.00%)
(32,717)
(22,690)
Group relief
19,037
9,307
Other non-reversing timing differences
-
0
(227)
Deferred tax adjustments in respect of prior years
5,432
50,364
Taxation (credit)/charge for the year
(8,248)
36,754
9
Tangible fixed assets
Freehold land and buildings
Motor vehicles
Total
£
£
£
Cost
At 1 October 2024 and 30 September 2025
6,443,298
48,120
6,491,418
Depreciation and impairment
At 1 October 2024
107,333
31,147
138,480
Depreciation charged in the year
64,948
8,181
73,129
At 30 September 2025
172,281
39,328
211,609
Carrying amount
At 30 September 2025
6,271,017
8,792
6,279,809
At 30 September 2024
6,335,965
16,973
6,352,938
FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 16 -
10
Stocks
2025
2024
£
£
Finished goods and goods for resale
206,976
70,151
11
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
4,896
7,385
Amounts owed by group undertakings
2
2
Other debtors
12,987
9,464
Prepayments and accrued income
184
158
18,069
17,009
12
Creditors: amounts falling due within one year
2025
2024
£
£
Amounts owed to group undertakings
6,622,991
6,611,396
Accruals and deferred income
74,226
38,397
6,697,217
6,649,793
13
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
203,172
211,420
FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
13
Deferred taxation
(Continued)
- 17 -
2025
Movements in the year:
£
Liability at 1 October 2024
211,420
Credit to profit or loss
(8,248)
Liability at 30 September 2025
203,172
14
Retirement benefit schemes
2025
2024
Defined contribution schemes
£
£
Charge to profit or loss in respect of defined contribution schemes
3,403
3,092

The company operates a defined contribution pension scheme for all qualifying employees. The assets of the scheme are held separately from those of the company in an independently administered fund.

15
Share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
of £1 each
2
2
2
2
16
Related party transactions
Transactions with related parties

During the year the company entered into the following transactions with other related parties:

2025
2024
£
£
Sales
3,164
14,767
Purchases
17,318
6,902
Amounts due from related parties
6,087
2,821
Other information

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

FERNWOOD AGRICULTURE LIMITED
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 30 SEPTEMBER 2025
- 18 -
17
Ultimate controlling party

The ultimate parent undertaking is Fernwood Trading Group Limited. Fernwood Trading Group Limited is controlled by The Roger Holehouse 2005 Trust.

A copy of the parent company's financial statements can be obtained from Companies House, Crown Way, Maindy, Cardiff, CF4 3UZ.

The immediate parent company is Fernwood Investments Limited.

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