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Registration number: 03319586

Norman Jackson (Farmers) Limited
Unaudited Filleted Financial Statements
for the Year Ended 30 September 2025

Norman Jackson (Farmers) Limited

Contents

Company Information | 1
Balance Sheet | 2
Notes to the Unaudited Financial Statements | 3 to 8

Norman Jackson (Farmers) Limited

Company Information

Directors | J B Jackson J F Jackson

Company secretary | J B Jackson J F Jackson

Registered office | Low Farm Somerby Barnetby Lincolnshire DN38 6BW

Norman Jackson (Farmers) Limited

(Registration number: 03319586)
Balance Sheet as at 30 September 2025

| Note | 2025 £ | 2024 £
Fixed assets |  |  |
Tangible assets | 4 | 1,487,053 | 1,543,238
Other financial assets | 5 | 8,219 | 8,219
|  | 1,495,272 | 1,551,457
Current assets |  |  |
Stocks | 6 | 336,032 | 455,667
Debtors | 7 | 1,888,369 | 1,981,588
Cash at bank and in hand |  | 133,325 | 26,708
|  | 2,357,726 | 2,463,963
Creditors: Amounts falling due within one year | 8 | (1,943,764) | (2,080,031)
Net current assets |  | 413,962 | 383,932
Net assets |  | 1,909,234 | 1,935,389
Capital and reserves |  |  |
Called up share capital | 9 | 2 | 2
Retained earnings |  | 1,909,232 | 1,935,387
Shareholders' funds |  | 1,909,234 | 1,935,389

For the financial year ending 30 September 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 accounts for the year in question in accordance with section 476; and
• | The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the Directors have not delivered to the registrar a copy of the Profit and Loss Account.

Approved and authorised by the Board on 20 January 2026 and signed on its behalf by:

......................................... J B Jackson Company secretary and director

Norman Jackson (Farmers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

1 | General information

The company is a private company limited by share capital incorporated in England and Wales and the company registration number is 03319586.

The address of its registered office is:
Low Farm
Somerby
Barnetby
Lincolnshire
DN38 6BW

These financial statements cover the individual entity Norman Jackson (Farmers) Limited.

These financial statements were authorised for issue by the Board on 20 January 2026.

2 | Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

The financial statements have been prepared in sterling and are rounded to the nearest pound.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of services in the ordinary course of the Company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.
The Company recognises revenue when:
The amount of revenue can be reliably measured;
it is probable that future economic benefits will flow to the entity;
and specific criteria have been met for each of the Company's activities.

Norman Jackson (Farmers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Tax

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.
The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class | Depreciation method and rate
Land and buildings | Nil
Tenants improvements | 20 years straight line
Plant and machinery | 10% reducing balance basis

Stocks

The basis of valuation is as follows:
Raw materials and consumables are stated at the lower of cost or net realisable value.
Tenantright is calculated by a combination of actual costs incurred and standard costs.
Produce on hand is valued at cost of production.
The basis of valuation is consistent with previous years.

Borrowings

Interest-bearing borrowings are initially recorded at fair value, net of transaction costs. Interest-bearing borrowings are subsequently carried at amortised cost, with the difference between the proceeds, net of transaction costs, and the amount due on redemption being recognised as a charge to the profit and loss account over the period of the relevant borrowing.
Interest expense is recognised on the basis of the effective interest method and is included in interest payable and similar charges.
Borrowings are classified as current liabilities unless the Company has an unconditional right to defer settlement of the liability for at least twelve months after the reporting date.

Norman Jackson (Farmers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

Leases

Leases in which substantially all the risks and rewards of ownership are retained by the lessor are classified as operating leases. Payments made under operating leases are charged to profit or loss on a straight-line basis over the period of the lease.
Leases are classified as finance leases whenever the terms of the lease transfer substantially all the risks and rewards of ownership to the lessee.
Assets held under finance leases are recognised at the lower of their fair value at inception of the lease and the present value of the minimum lease payments. These assets are depreciated on a straight-line basis over the shorter of the useful life of the asset and the lease term. The corresponding liability to the lessor is included in the Balance Sheet as a finance lease obligation.
Lease payments are apportioned between finance costs in the Profit and Loss Account and reduction of the lease obligation so as to achieve a constant periodic rate of interest on the remaining balance of the liability.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

3 | Staff numbers

The average number of persons employed by the Company (including Directors) during the year, was 2 (2024 - 3).

Norman Jackson (Farmers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

4 | Tangible assets

| Land and buildings £ | Plant and machinery £ | Total £
Cost or valuation
At 1 October 2024 | 1,673,166 | 804,594 | 2,477,760
At 30 September 2025 | 1,673,166 | 804,594 | 2,477,760
Depreciation
At 1 October 2024 | 178,564 | 755,958 | 934,522
Charge for the year | 50,368 | 5,817 | 56,185
At 30 September 2025 | 228,932 | 761,775 | 990,707
Carrying amount
At 30 September 2025 | 1,444,234 | 42,819 | 1,487,053
At 30 September 2024 | 1,494,602 | 48,636 | 1,543,238

5 | Other financial assets (current and non-current)

| Other investments £ | Total £
Non-current financial assets
Cost or valuation
At 1 October 2024 | 8,219 | 8,219
At 30 September 2025 | 8,219 | 8,219
Impairment
Carrying amount
At 30 September 2025 | 8,219 | 8,219

6 | Stocks

| 2025 £ | 2024 £
Raw materials and consumables | 13,154 | 36,596
Work in progress | 151,080 | 164,926
Finished goods and goods for resale | 171,798 | 254,145
| 336,032 | 455,667

Norman Jackson (Farmers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

7 | Debtors

Current | 2025 £ | 2024 £
Trade debtors | 103,672 | 48,694
Prepayments | 27,473 | 30,030
Other debtors | 1,757,224 | 1,902,864
| 1,888,369 | 1,981,588

8 | Creditors

Creditors: amounts falling due within one year

| Note | 2025 £ | 2024 £
Due within one year |  |  |
Trade creditors |  | 122,226 | 12,525
Other creditors |  | 1,764,379 | 2,001,129
Accruals and deferred income |  | 57,159 | 66,377
|  | 1,943,764 | 2,080,031

9 | Share capital

Allotted, called up and fully paid shares

| 2025 | 2024
| No. | £ | No. | £
Ordinary of £1 each | 2 | 2 | 2 | 2

10 | Loans and borrowings

Current loans and borrowings

| 2025 £ | 2024 £
Other borrowings | 1,763,663 | 2,000,413

Norman Jackson (Farmers) Limited

Notes to the Unaudited Financial Statements for the Year Ended 30 September 2025

11 | Related party transactions

Loans from related parties

2025 | Other related parties £ | Total £
At start of period | 2,349,722 | 2,349,722
At end of period | 2,349,722 | 2,349,722

2024 | Other related parties £ | Total £
At start of period | 2,349,722 | 2,349,722
At end of period | 2,349,722 | 2,349,722

12 | Parent and ultimate parent undertaking

The Company's immediate parent is NJF (Lincs.Holdings) Limited, incorporated in England and Wales.
The ultimate controlling party is Trustees of Norman Jackson No. 2 Settlement.