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REGISTERED NUMBER: 07354471 (England and Wales)

| Ridby Limited |

| Unaudited Financial Statements |

| for the Year Ended 31 October 2025 |

Ridby Limited (Registered number: 07354471)

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

Company Information | 1 |

Chartered Accountants' Report | 2 |

Balance Sheet | 3 |

Notes to the Financial Statements | 5 |

Ridby Limited

Company Information

for the Year Ended 31 October 2025

| DIRECTORS: | CL Powell

| NL Powell

| JE Powell

| SECRETARY: | CL Powell

| REGISTERED OFFICE: | Ridby Court

| Much Dewchurch

| Hereford

| Herefordshire

| HR2 8DP

| REGISTERED NUMBER: | 07354471 (England and Wales)

| ACCOUNTANTS: | The Hutchinson Partnership Limited

| trading as The Hutchinson Partnership

| Chartered Accountants

| The Bull Pen

| Grove Farm

| Portway, Burghill

| Hereford

| HR4 8NF

Chartered Accountants' Report to the Board of Directors

on the Unaudited Financial Statements of

Ridby Limited

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Statement of Income and Retained Earnings and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Ridby Limited for the year ended 31 October 2025 which comprise the Statement of Income and Retained Earnings, Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of Ridby Limited, as a body, in accordance with our terms of engagement. Our work has been undertaken solely to prepare for your approval the financial statements of Ridby Limited and state those matters that we have agreed to state to the Board of Directors of Ridby Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Ridby Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Ridby Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Ridby Limited. You consider that Ridby Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Ridby Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

The Hutchinson Partnership Limited

trading as The Hutchinson Partnership

Chartered Accountants

The Bull Pen

Grove Farm

Portway, Burghill

Hereford

HR4 8NF

13 April 2026

Ridby Limited (Registered number: 07354471)

Balance Sheet

31 October 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 3,827,970 |  | 3,996,114 |  |

CURRENT ASSETS

Stocks | 424,615 |  | 249,196 |  |

Debtors | 5 | 149,587 |  | 75,139 |  |

Cash at bank | 374,686 |  | 299,782 |  |

948,888 |  | 624,117 |  |

CREDITORS

Amounts falling due within one year | 6 | 909,568 |  | 642,424 |  |

NET CURRENT ASSETS/(LIABILITIES) | 39,320 |  | (18,307 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 3,867,290 |  | 3,977,807 |  |

CREDITORS

Amounts falling due after more than one year | 7 | (1,322,065 | ) | (1,787,330 | ) |

PROVISIONS FOR LIABILITIES | 9 | (271,679 | ) | (276,085 | ) |

NET ASSETS | 2,273,546 |  | 1,914,392 |  |

CAPITAL AND RESERVES

Allotted, issued and fully

paid share capital | 3,000 |  | 3,000 |  |

Retained earnings | 2,270,546 |  | 1,911,392 |  |

SHAREHOLDERS' FUNDS | 2,273,546 |  | 1,914,392 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 October 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.

Ridby Limited (Registered number: 07354471)

Balance Sheet - continued

31 October 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 13 April 2026 and were signed on its behalf by:

CL Powell - Director

Ridby Limited (Registered number: 07354471)

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Ridby 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.

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.

| Going concern

| The directors have reviewed the cashflow forecasts and budgets for a period exceeding twelve months following the approval of these financial statements and consider that the company remains a going concern. Therefore the accounts are prepared on the going concern basis.

| Turnover

| Turnover represents chicken sales and renewable energy income , stated net of discounts, rebates, value added tax and other sales taxes.

| The company recognises revenue when the significant risks and rewards of ownership have passed to the buyer, when the amount of revenue can be measured reliably, when it is probable that the economic benefits associated with the transaction will flow to the entity and when the costs incurred or to be incurred in respect of the transaction can be measured reliably. Revenue from services is recognised in the accounting periods in which the services are rendered.

| The following criteria must be met before revenue is recognised:

| Broiler sales are recognised when the chickens are collected from the farm.

| Renewable energy income from electricity exported is recognised in the period the electricity is generated. Feed-in Tariff income is recognised in the period the energy to which the tariff relates is generated. Renewable Heat Incentive income is recognised in the period the heat is generated.

| Tangible fixed assets

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

| Improvements to property | - | 5% on cost

| Plant and machinery | - | 15% on reducing balance, 6.67% on cost, 5% on cost and 5% on reducing balance

| Land is included within freehold property but is not depreciated.

| Stocks

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

| Biological assets include broiler chickens used for meat production. Broiler chickens are stated at cost as fair values are not readily ascertainable.

Ridby Limited (Registered number: 07354471)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

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

| 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

| 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.

3. | EMPLOYEES

| The average number of employees during the year was 5 (2024 - 7 ) .

Ridby Limited (Registered number: 07354471)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

4. | TANGIBLE FIXED ASSETS

| Improvements |

| Freehold |  | to |  | Plant and |

| property |  | property |  | machinery |  | Totals

£ | £ | £ | £ |

| COST

| At 1 November 2024 | 1,198,643 |  | 1,592,232 |  | 4,279,840 |  | 7,070,715 |  |

| Additions | - |  | - |  | 126,214 |  | 126,214 |  |

| At 31 October 2025 | 1,198,643 |  | 1,592,232 |  | 4,406,054 |  | 7,196,929 |  |

| DEPRECIATION

| At 1 November 2024 | - |  | 837,808 |  | 2,236,793 |  | 3,074,601 |  |

| Charge for year | - |  | 67,027 |  | 227,331 |  | 294,358 |  |

| At 31 October 2025 | - |  | 904,835 |  | 2,464,124 |  | 3,368,959 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1,198,643 |  | 687,397 |  | 1,941,930 |  | 3,827,970 |  |

| At 31 October 2024 | 1,198,643 |  | 754,424 |  | 2,043,047 |  | 3,996,114 |  |

| Included in cost of land and buildings is freehold land of £ 1,198,643 (2024 - £ 1,198,643 ) which is not depreciated.

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

2025 | 2024 |

£ | £ |

| Trade debtors | 123,130 |  | 41,866 |  |

| Prepayments and accrued income | 14,995 |  | 21,950 |  |

| VAT | 11,462 |  | 11,323 |  |

149,587 |  | 75,139 |  |

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

2025 | 2024 |

£ | £ |

| AMC loans | 224,004 |  | 249,792 |  |

| Trade creditors | 447,709 |  | 230,550 |  |

| Corporation tax payable | 188,866 |  | 112,863 |  |

| Directors' current accounts | 40,739 |  | 40,729 |  |

| Accruals and deferred income | 8,250 |  | 8,490 |  |

909,568 |  | 642,424 |  |

| Directors' current accounts are interest free and unsecured with no repayment terms.

Ridby Limited (Registered number: 07354471)

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

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

2025 | 2024 |

£ | £ |

| AMC loans 1-5 years | 866,784 |  | 898,426 |  |

| AMC loans more than 5 years | 455,281 |  | 888,904 |  |

1,322,065 |  | 1,787,330 |  |

| Amounts falling due in more than five years:

| Repayable by instalments

| AMC loans more than 5 years | 455,281 |  | 888,904 |  |

8. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| AMC loans | 1,546,069 |  | 2,037,122 |  |

| The borrowings from the Agricultural Mortgage Corporation are secured on the poultry unit site at Ridby Court Farm, Much Dewchurch (owned by the company) and Hill of Eaton Barns (owned by the directors).

9. | PROVISIONS FOR LIABILITIES

2025 | 2024 |

£ | £ |

| Deferred tax - accelerated

| timing differences | 271,679 |  | 276,085 |  |

271,679 |  | 276,085 |  |

| Deferred |

| tax |

£ |

| Balance at 1 November 2024 | 276,085 |  |

| Utilised during year | (4,406 | ) |

| Balance at 31 October 2025 | 271,679 |  |

10. | RELATED PARTY DISCLOSURES

| The company rents 63 acres of land to a partnership in which the directors are partners. The rental charge for the period was £9,450 (October 2024 - £9,450). The balance outstanding in debtors at the end of the period is £9,450 (October 2024 - £9,450). Within the period, the company also paid the partnership £95,414 (October 2024 - £101,555) for purchase of feed, £5,400 (October 2024 - £4,050) for rent of property and £9,795 (October 2024 - £7,050) for hire of machinery. The balance outstanding in creditors at the end of the period is £15,195 (October 2024 - £11,100).