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COMPANY REGISTRATION NUMBER: 02562637

MF Strawson (Maidenwell ) Limited

Filleted Unaudited Financial Statements

For the year ended

30 June 2025

MF Strawson (Maidenwell ) Limited

Financial Statements

Year ended 30 June 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

MF Strawson (Maidenwell ) Limited

Statement of Financial Position

30 June 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 6 |  | 4,520,465 |  | 4,498,392

Current assets

Stocks | 686,648 |  | 851,568 |
Debtors | 7 | 719,032 |  | 538,298 |
Cash at bank and in hand | 1,546,611 |  | 1,788,920 |
| ------------- |  | ------------- |
| 2,952,291 |  | 3,178,786 |

Creditors: amounts falling due within one year | 8 | ( 623,430) |  | ( 1,055,126) |
| ------------- |  | ------------- |
Net current assets |  | 2,328,861 |  | 2,123,660
|  | ------------- |  | -------------
Total assets less current liabilities |  | 6,849,326 |  | 6,622,052

Provisions

Taxation including deferred tax |  | ( 25,161) |  | ( 22,960)
|  | ------------- |  | -------------
Net assets |  | 6,824,165 |  | 6,599,092
|  | ------------- |  | -------------

Capital and reserves

Called up share capital |  | 2,190,002 |  | 2,190,002
Profit and loss account |  | 4,634,163 |  | 4,409,090
|  | ------------- |  | -------------
Shareholders funds |  | 6,824,165 |  | 6,599,092
|  | ------------- |  | -------------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 30 June 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 year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

MF Strawson (Maidenwell ) Limited

Statement of Financial Position (continued)

30 June 2025
These financial statements were approved by the board of directors and authorised for issue on 16 March 2026 , and are signed on behalf of the board by:

MF Strawson
Director

Company registration number: 02562637

MF Strawson (Maidenwell ) Limited

Notes to the Financial Statements

Year ended 30 June 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Pyewipe Farm, Aylesby Road, Great Coates, Grimsby, DN37 9NU.
2. Statement of compliance
These financial statements have been prepared in compliance with FRS 102 Section 1A, 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
3. Accounting policies
(a) Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by investment properties measured at fair value through profit or loss. The financial statements are prepared in sterling, which is the functional currency of the entity.
(b) Going concern
The UK economy has recently been impacted by rising inflation, interest rates and energy costs. All these matters have impacted the company's trading results to a greater or lesser extent. At the date of signing these financial statements, the directors have considered the effect of these matters on the company with the information available to it and do not believe that it will affect the ability of the company to continue to trade for the foreseeable future. On this basis, the directors have prepared these financial statements on a going concern basis.
(c) Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
(d) Current & deferred tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to be paid or recovered using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date.
(e) Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses.
(f) Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Land & Buildings | - | 2 - 10% Straight Line
| Plant & Machinery | - | 5 - 25% Straight Line

No depreciation is provided on freehold land.
(g) Investment property
Investment property is initially recorded at cost, which includes purchase price and any directly attributable expenditure. Investment property is revalued to its fair value at each reporting date and any changes in fair value are recognised in profit or loss.
(h) Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date.
(i) Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition. Stocks of unsold crops on hand are valued under the 'deemed cost' principles set out in the "Guidance Notes on Agricultural Stock Valuations for Tax Purposes", HMRC Helpsheet HS232 "farm stock valuation" (previously BEN 19) - a widely accepted method of stock valuation used in the agriculture industry.
(j) Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.
(k) Defined contribution plans
The company operates a defined contribution pension scheme on behalf of its directors.The assets of the scheme are held separately from those of the company in an independently administered fund.Contributions are paid based on the recommendations of a qualified actuary and are charged to the profit and loss account when paid.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 5 (2024: 5 ).
5. Intangible assets

| BPS Entitlements
| £
Cost |
At 1 July 2024 and 30 June 2025 | 1,889
| -------
Amortisation |
At 1 July 2024 and 30 June 2025 | 1,889
| -------
Carrying amount |
At 30 June 2025 | –
| -------
At 30 June 2024 | –
| -------

6. Tangible assets

| Land and buildings | Investment Property | Plant and machinery | Total
| £ | £ | £ | £
Cost/Valuation |  |  |  |
At 1 July 2024 | 3,413,147 | 1,380,344 | 321,214 | 5,114,705
Additions | 36,371 | – | 23,339 | 59,710
Disposals | – | – | ( 4,000) | ( 4,000)
| ------------- | ------------- | ---------- | -------------
At 30 June 2025 | 3,449,518 | 1,380,344 | 340,553 | 5,170,415
| ------------- | ------------- | ---------- | -------------
Depreciation |  |  |  |
At 1 July 2024 | 446,479 | – | 169,834 | 616,313
Charge for the year | 12,387 | – | 23,563 | 35,950
Disposals | – | – | ( 2,313) | ( 2,313)
| ------------- | ------------- | ---------- | -------------
At 30 June 2025 | 458,866 | – | 191,084 | 649,950
| ------------- | ------------- | ---------- | -------------
Carrying amount |  |  |  |
At 30 June 2025 | 2,990,652 | 1,380,344 | 149,469 | 4,520,465
| ------------- | ------------- | ---------- | -------------
At 30 June 2024 | 2,966,668 | 1,380,344 | 151,380 | 4,498,392
| ------------- | ------------- | ---------- | -------------

Investment property was valued in June 2025 by the directors who have experience in the location and category of the investment property being valued.
Tangible assets held at valuation
In respect of tangible assets held at valuation, the aggregate cost, depreciation and comparable carrying amount that would have been recognised if the assets had been carried under the historical cost model are as follows:

| Investment Property
| £
At 30 June 2025 |
Aggregate cost | 1,580,344
Aggregate depreciation | –
| -------------
Carrying value | 1,580,344
| -------------

At 30 June 2024 |
Aggregate cost | 1,580,344
Aggregate depreciation | –
| -------------
Carrying value | 1,580,344
| -------------

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 441,108 | 428,042
Other debtors | 277,924 | 110,256
| ---------- | ----------
| 719,032 | 538,298
| ---------- | ----------

8. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 217,302 | 417,678
Corporation tax | 72,946 | 77,000
Director loan accounts | 253,640 | 458,376
Other creditors | 79,542 | 102,072
| ---------- | -------------
| 623,430 | 1,055,126
| ---------- | -------------

9. Related party transactions
The directors have made loans to the company . Interest has been charged at a commercial rate in the year ended 30 June 2025. The directors loans are repayable on demand. As at 30 June 2025 the balance owed to the directors totalled £ 253,640 (2024: 458,376 ).