IRIS Accounts Production v25.4.12.37 02479310 Board of Directors 1.4.24 31.3.25 31.3.25 false true false false true false Ordinary 1.00000 512000 512000 512000 512000 Ordinary 1.00000 512000 512000 512000 512000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 02479310 2024-03-31 02479310 2025-03-31 02479310 2024-04-01 2025-03-31 02479310 2023-03-31 02479310 2023-04-01 2024-03-31 02479310 2024-03-31 02479310 ns15:EnglandWales 2024-04-01 2025-03-31 02479310 ns14:PoundSterling 2024-04-01 2025-03-31 02479310 ns10:Director1 2024-04-01 2025-03-31 02479310 ns10:PrivateLimitedCompanyLtd 2024-04-01 2025-03-31 02479310 ns10:SmallEntities 2024-04-01 2025-03-31 02479310 ns10:AuditExempt-NoAccountantsReport 2024-04-01 2025-03-31 02479310 ns10:SmallCompaniesRegimeForDirectorsReport 2024-04-01 2025-03-31 02479310 ns10:SmallCompaniesRegimeForAccounts 2024-04-01 2025-03-31 02479310 ns10:FullAccounts 2024-04-01 2025-03-31 02479310 ns10:OrdinaryShareClass1 2024-04-01 2025-03-31 02479310 42 ns10:Director2 2024-03-31 02479310 42 ns10:Director2 2023-03-31 02479310 42 ns10:Director2 2025-03-31 02479310 42 ns10:Director2 2024-03-31 02479310 ns10:Director2 2024-04-01 2025-03-31 02479310 ns10:Director3 2024-04-01 2025-03-31 02479310 ns10:Director4 2024-04-01 2025-03-31 02479310 ns10:CompanySecretary1 2024-04-01 2025-03-31 02479310 ns10:RegisteredOffice 2024-04-01 2025-03-31 02479310 ns5:CurrentFinancialInstruments 2025-03-31 02479310 ns5:CurrentFinancialInstruments 2024-03-31 02479310 ns5:Non-currentFinancialInstruments 2025-03-31 02479310 ns5:Non-currentFinancialInstruments 2024-03-31 02479310 ns5:ShareCapital 2025-03-31 02479310 ns5:ShareCapital 2024-03-31 02479310 ns5:FurtherSpecificReserve3ComponentTotalEquity 2025-03-31 02479310 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 02479310 ns5:RetainedEarningsAccumulatedLosses 2025-03-31 02479310 ns5:RetainedEarningsAccumulatedLosses 2024-03-31 02479310 ns5:LandBuildings 2024-03-31 02479310 ns5:PlantMachinery 2024-03-31 02479310 ns5:LandBuildings 2024-04-01 2025-03-31 02479310 ns5:PlantMachinery 2024-04-01 2025-03-31 02479310 ns5:LandBuildings 2025-03-31 02479310 ns5:PlantMachinery 2025-03-31 02479310 ns5:LandBuildings 2024-03-31 02479310 ns5:PlantMachinery 2024-03-31 02479310 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 02479310 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-04-01 2025-03-31 02479310 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2025-03-31 02479310 ns5:LeasedAssetsHeldAsLessee ns5:PlantMachinery 2024-03-31 02479310 ns5:CostValuation 2024-03-31 02479310 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-03-31 02479310 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-03-31 02479310 ns5:Secured 2025-03-31 02479310 ns5:Secured 2024-03-31 02479310 ns5:DeferredTaxation 2024-03-31 02479310 ns5:DeferredTaxation 2025-03-31 02479310 ns10:OrdinaryShareClass1 2025-03-31 02479310 ns5:FurtherSpecificReserve3ComponentTotalEquity 2024-03-31 02479310 ns10:Director1 1 2024-03-31 02479310 ns10:Director1 1 2023-03-31 02479310 ns10:Director1 1 2024-04-01 2025-03-31 02479310 ns10:Director1 1 2023-04-01 2024-03-31 02479310 ns10:Director1 1 2025-03-31 02479310 ns10:Director1 1 2024-03-31

REGISTERED NUMBER: 02479310 (England and Wales)

| Unaudited Financial Statements |

| for the Year Ended 31 March 2025 |

| for |

| R.F. Staveley Limited |

| R.F. Staveley Limited (Registered number: 02479310) |

Contents of the Financial Statements

for the Year Ended 31 March 2025

| Page |

| Company Information | 1 |

| Balance Sheet | 2 |  | to |  | 3

| Notes to the Financial Statements | 4 |  | to |  | 9

| R.F. Staveley Limited |

Company Information

for the Year Ended 31 March 2025

| DIRECTORS: | Mr R F Staveley

| Mrs A R Staveley

| Mr R D Staveley

| Mr M A Staveley

| SECRETARY: | Mrs A R Staveley

| REGISTERED OFFICE: | Eldo House

| Kempson Way

| Bury St Edmunds

| Suffolk

| IP32 7AR

| REGISTERED NUMBER: | 02479310 (England and Wales)

| ACCOUNTANTS: | Knights Lowe Chartered Accountants

| Eldo House

| Kempson Way

| Suffolk Business Park

| Bury St Edmunds

| Suffolk

| IP32 7AR

| R.F. Staveley Limited (Registered number: 02479310) |

Balance Sheet

31 March 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 1,605,477 |  | 1,719,340 |  |

Investments | 5 | 3,582 |  | 3,582 |  |

1,609,059 |  | 1,722,922 |  |

CURRENT ASSETS

Stocks | 672,896 |  | 646,231 |  |

Debtors | 6 | 985,346 |  | 1,057,785 |  |

Cash at bank | 90,056 |  | 42,813 |  |

1,748,298 |  | 1,746,829 |  |

CREDITORS

Amounts falling due within one year | 7 | 939,613 |  | 994,404 |  |

NET CURRENT ASSETS | 808,685 |  | 752,425 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 2,417,744 |  | 2,475,347 |  |

CREDITORS

Amounts falling due after more than one year | 8 | (1,323,319 | ) | (1,512,716 | ) |

PROVISIONS FOR LIABILITIES | 10 | (77,560 | ) | (77,560 | ) |

NET ASSETS | 1,016,865 |  | 885,071 |  |

CAPITAL AND RESERVES

Called up share capital | 11 | 512,002 |  | 512,002 |  |

Fair value reserve | 12 | 449,844 |  | 449,844 |  |

Retained earnings | 55,019 |  | (76,775 | ) |

SHAREHOLDERS' FUNDS | 1,016,865 |  | 885,071 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their 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.

| R.F. Staveley Limited (Registered number: 02479310) |

Balance Sheet - continued

31 March 2025

The financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 6 March 2026 and were signed on its behalf by:

Mr R F Staveley - Director

| R.F. Staveley Limited (Registered number: 02479310) |

Notes to the Financial Statements

for the Year Ended 31 March 2025

1. | STATUTORY INFORMATION

| R.F. Staveley Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

| The presentation currency of the financial statements is the Pound Sterling (£).

2. | ACCOUNTING POLICIES

| Basis of preparing the financial statements

| These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

| 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

| Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

| Freehold land |  | - is not depreciated |  |

| Freehold buildings |  | - 15% on reducing balance |  |

| Plant and machinery |  | - 25% on reducing balance |  |

| Vehicles |  | - 25% on reducing balance |  |

| Freehold land is recognised at deemed cost this being the fair value at 31st March 2017, adopted on transition to FRS102.

| Stocks

| Livestock is valued at the lower of market value or actual costs and standard costing calculations prepared by CAAV. Fuels, feeds, hay and straw are valued at the lower of cost or net realisable value.

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, 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.

| R.F. Staveley Limited (Registered number: 02479310) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

2. | ACCOUNTING POLICIES - continued

| 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

| Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

| The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

| Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

| 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.

| Impairment

| At each reporting date, fixed assets, including tangible fixed assets, are assessed to determine whether there is an indication that the carrying amount of an asset may be more than its recoverable amount and that the asset should be impaired. If there is an indication of possible impairment, the recoverable amount of an asset, which is the higher of its value in use and its net realisable value, is estimated and compared with its carrying amount. If the recoverable amount is lower, the carrying amount of the asset is written down to its estimated recoverable amount and an impairment loss is recognised in profit and loss.

3. | EMPLOYEES AND DIRECTORS

| The average number of employees during the year was 11 (2024 - 12 ) .

| R.F. Staveley Limited (Registered number: 02479310) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST OR VALUATION

| At 1 April 2024 | 699,589 |  | 2,093,343 |  | 2,792,932 |  |

| Additions | - |  | 250,672 |  | 250,672 |  |

| Disposals | - |  | (185,786 | ) | (185,786 | ) |

| At 31 March 2025 | 699,589 |  | 2,158,229 |  | 2,857,818 |  |

| DEPRECIATION

| At 1 April 2024 | 27,679 |  | 1,045,913 |  | 1,073,592 |  |

| Charge for year | 2,285 |  | 294,682 |  | 296,967 |  |

| Eliminated on disposal | - |  | (118,218 | ) | (118,218 | ) |

| At 31 March 2025 | 29,964 |  | 1,222,377 |  | 1,252,341 |  |

| NET BOOK VALUE

| At 31 March 2025 | 669,625 |  | 935,852 |  | 1,605,477 |  |

| At 31 March 2024 | 671,910 |  | 1,047,430 |  | 1,719,340 |  |

| Included in cost or valuation of land and buildings is freehold land of £ 656,677 (2024 - £ 656,677 ) which is not depreciated.

| Cost or valuation at 31 March 2025 is represented by:

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| Valuation in 2017 | 527,404 |  | - |  | 527,404 |  |

| Cost | 172,185 |  | 2,158,229 |  | 2,330,414 |  |

699,589 |  | 2,158,229 |  | 2,857,818 |  |

| If freehold land had not been revalued it would have been included at the following historical cost:

2025 | 2024 |

£ | £ |

| Cost | 129,273 |  | 129,273 |  |

| Value of land in freehold land and buildings | 656,677 |  | 656,677 |  |

| 77.24 acres of land was valued on open market basis on 31 March 2015 by Mr R F Staveley, one of the directors .

| R.F. Staveley Limited (Registered number: 02479310) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

4. | TANGIBLE FIXED ASSETS - continued

| Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

| Plant and

| machinery

| etc

£ |

| COST OR VALUATION

| At 1 April 2024 | 1,203,436 |  |

| Additions | 193,850 |  |

| Disposals | (75,200 | ) |

| Transfer to ownership | (53,500 | ) |

| At 31 March 2025 | 1,268,586 |  |

| DEPRECIATION

| At 1 April 2024 | 412,458 |  |

| Charge for year | 228,092 |  |

| Eliminated on disposal | (39,609 | ) |

| Transfer to ownership | (43,449 | ) |

| At 31 March 2025 | 557,492 |  |

| NET BOOK VALUE

| At 31 March 2025 | 711,094 |  |

| At 31 March 2024 | 790,978 |  |

5. | FIXED ASSET INVESTMENTS

| Other

| investments

£ |

| COST

| At 1 April 2024

| and 31 March 2025 | 3,582 |  |

| NET BOOK VALUE

| At 31 March 2025 | 3,582 |  |

| At 31 March 2024 | 3,582 |  |

6. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 453,961 |  | 527,620 |  |

| Other debtors | 531,385 |  | 530,165 |  |

985,346 |  | 1,057,785 |  |

| R.F. Staveley Limited (Registered number: 02479310) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

7. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans and overdrafts | 61,755 |  | 60,866 |  |

| Hire purchase contracts | 191,266 |  | 163,556 |  |

| Trade creditors | 309,614 |  | 473,657 |  |

| Taxation and social security | 107,796 |  | 23,630 |  |

| Other creditors | 269,182 |  | 272,695 |  |

939,613 |  | 994,404 |  |

8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans | 933,019 |  | 994,563 |  |

| Hire purchase contracts | 390,300 |  | 498,090 |  |

| Other creditors | - |  | 20,063 |  |

1,323,319 |  | 1,512,716 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more 5 yr by instal | 758,088 |  | 788,464 |  |

9. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank loans | 994,774 |  | 1,055,429 |  |

| Hire purchase contracts | 581,566 |  | 661,646 |  |

1,576,340 |  | 1,717,075 |  |

| The company's bankers have a fixed and floating charge over all the company's assets including the land.

| In addition to the above debts secured by the company, Mr R Staveley and Mrs A Staveley have provided personal guarantees on other creditors due of £22,063.

10. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax

| Other timing differences | 77,560 |  | 77,560 |  |

| R.F. Staveley Limited (Registered number: 02479310) |

Notes to the Financial Statements - continued

for the Year Ended 31 March 2025

10. | PROVISIONS FOR LIABILITIES - continued

| Deferred |

| tax |

£ |

| Balance at 1 April 2024 | 77,560 |  |

| Balance at 31 March 2025 | 77,560 |  |

11. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 2025 | 2024 |

| value: | £ | £ |

| 512,002 | Ordinary | £1 | 512,002 |  | 512,002 |  |

12. | RESERVES

| Fair

| value

| reserve

£ |

| At 1 April 2024

| and 31 March 2025 | 449,844 |  |

| The fair value reserve is non distributable.

13. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to directors subsisted during the years ended 31 March 2025 and 31 March 2024:

2025 | 2024 |

£ | £ |

| Mr R F Staveley and Mrs A R Staveley

| Balance outstanding at start of year | 512,000 |  | 512,000 |  |

| Amounts repaid | - |  | - |  |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | 512,000 |  | 512,000 |  |

| The loans arose from the allotment of further shares in the company.