IRIS Accounts Production v26.1.0.640 13042827 Board of Directors 1.10.24 30.9.25 30.9.25 true false true false false true false A Ordinary 1.00000 'B' Ordinary Shares 1.00000 'C' Ordinary Shares 1.00000 iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 13042827 2024-09-30 13042827 2025-09-30 13042827 2024-10-01 2025-09-30 13042827 2023-09-30 13042827 2023-10-01 2024-09-30 13042827 2024-09-30 13042827 ns15:EnglandWales 2024-10-01 2025-09-30 13042827 ns14:PoundSterling 2024-10-01 2025-09-30 13042827 ns10:Director1 2024-10-01 2025-09-30 13042827 ns10:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 13042827 ns10:SmallEntities 2024-10-01 2025-09-30 13042827 ns10:AuditExempt-NoAccountantsReport 2024-10-01 2025-09-30 13042827 ns10:SmallCompaniesRegimeForDirectorsReport 2024-10-01 2025-09-30 13042827 ns10:SmallCompaniesRegimeForAccounts 2024-10-01 2025-09-30 13042827 ns10:FullAccounts 2024-10-01 2025-09-30 13042827 ns10:OrdinaryShareClass2 2024-10-01 2025-09-30 13042827 ns10:OrdinaryShareClass4 2024-10-01 2025-09-30 13042827 ns10:OrdinaryShareClass5 2024-10-01 2025-09-30 13042827 ns10:Director2 2024-10-01 2025-09-30 13042827 ns10:RegisteredOffice 2024-10-01 2025-09-30 13042827 ns5:CurrentFinancialInstruments 2025-09-30 13042827 ns5:CurrentFinancialInstruments 2024-09-30 13042827 ns5:ShareCapital 2025-09-30 13042827 ns5:ShareCapital 2024-09-30 13042827 ns5:CapitalRedemptionReserve 2025-09-30 13042827 ns5:CapitalRedemptionReserve 2024-09-30 13042827 ns5:RetainedEarningsAccumulatedLosses 2025-09-30 13042827 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 13042827 ns5:LandBuildings 2024-09-30 13042827 ns5:PlantMachinery 2024-09-30 13042827 ns5:FurnitureFittings 2024-09-30 13042827 ns5:LandBuildings 2024-10-01 2025-09-30 13042827 ns5:PlantMachinery 2024-10-01 2025-09-30 13042827 ns5:FurnitureFittings 2024-10-01 2025-09-30 13042827 ns5:LandBuildings 2025-09-30 13042827 ns5:PlantMachinery 2025-09-30 13042827 ns5:FurnitureFittings 2025-09-30 13042827 ns5:LandBuildings 2024-09-30 13042827 ns5:PlantMachinery 2024-09-30 13042827 ns5:FurnitureFittings 2024-09-30 13042827 ns5:MotorVehicles 2024-09-30 13042827 ns5:ComputerEquipment 2024-09-30 13042827 ns5:MotorVehicles 2024-10-01 2025-09-30 13042827 ns5:ComputerEquipment 2024-10-01 2025-09-30 13042827 ns5:MotorVehicles 2025-09-30 13042827 ns5:ComputerEquipment 2025-09-30 13042827 ns5:MotorVehicles 2024-09-30 13042827 ns5:ComputerEquipment 2024-09-30 13042827 ns5:CostValuation 2024-09-30 13042827 ns5:CostValuation ns5:UnlistedNon-exchangeTraded 2024-09-30 13042827 ns5:UnlistedNon-exchangeTraded 2025-09-30 13042827 ns5:UnlistedNon-exchangeTraded 2024-09-30 13042827 ns5:Subsidiary2 2024-10-01 2025-09-30 13042827 ns5:Subsidiary2 3 2024-10-01 2025-09-30 13042827 ns5:Subsidiary2 2025-09-30 13042827 ns5:Subsidiary2 2024-09-30 13042827 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-09-30 13042827 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-09-30 13042827 ns5:WithinOneYear 2025-09-30 13042827 ns5:WithinOneYear 2024-09-30 13042827 ns5:BetweenOneFiveYears 2025-09-30 13042827 ns5:BetweenOneFiveYears 2024-09-30 13042827 ns5:AllPeriods 2025-09-30 13042827 ns5:AllPeriods 2024-09-30 13042827 ns10:OrdinaryShareClass2 2025-09-30 13042827 ns10:OrdinaryShareClass4 2025-09-30 13042827 ns10:OrdinaryShareClass5 2025-09-30 13042827 ns5:RetainedEarningsAccumulatedLosses 2024-09-30 13042827 ns5:CapitalRedemptionReserve 2024-09-30 13042827 ns5:RetainedEarningsAccumulatedLosses 2024-10-01 2025-09-30

REGISTERED NUMBER: 13042827 (England and Wales)

| UNAUDITED FINANCIAL STATEMENTS |

| FOR THE YEAR ENDED 30 SEPTEMBER 2025 |

| FOR |

| PHEASANTRY FARMS AND BREWERY LIMITED |

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

CONTENTS OF THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

Page |

Company Information | 1 |

Balance Sheet | 2 |

Notes to the Financial Statements | 4 |

PHEASANTRY FARMS AND BREWERY LIMITED

COMPANY INFORMATION

FOR THE YEAR ENDED 30 SEPTEMBER 2025

| DIRECTORS: | M Easterbrook

| Mrs B M Easterbrook

| REGISTERED OFFICE: | High Brecks Farm

| Lincoln Road

| East Markham

| Newark

| NG22 0SN

| REGISTERED NUMBER: | 13042827 (England and Wales)

| ACCOUNTANTS: | Lemans

| Chartered Certified Accountants

| 29 Arboretum Street

| Nottingham

| Nottinghamshire

| NG1 4JA

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

BALANCE SHEET

30 SEPTEMBER 2025

| 30.9.25 | 30.9.24 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Tangible assets | 4 | 9,920,449 |  | 9,531,154 |  |

Investments | 5 | 51 |  | 51 |  |

9,920,500 |  | 9,531,205 |  |

CURRENT ASSETS

Stocks | 6 | 743,597 |  | 1,001,549 |  |

Debtors | 7 | 318,170 |  | 281,819 |  |

Cash at bank and in hand | 1,025,571 |  | 738,094 |  |

2,087,338 |  | 2,021,462 |  |

CREDITORS

Amounts falling due within one year | 8 | 192,896 |  | 252,351 |  |

NET CURRENT ASSETS | 1,894,442 |  | 1,769,111 |  |

TOTAL ASSETS LESS CURRENT LIABILITIES | 11,814,942 |  | 11,300,316 |  |

PROVISIONS FOR LIABILITIES | (626,000 | ) | (518,000 | ) |

ACCRUALS AND DEFERRED INCOME | (124,290 | ) | (133,175 | ) |

NET ASSETS | 11,064,652 |  | 10,649,141 |  |

CAPITAL AND RESERVES

Called up share capital | 10 | 21,044 |  | 21,044 |  |

Capital redemption reserve | 11 | 17,703 |  | 17,703 |  |

Retained earnings | 11 | 11,025,905 |  | 10,610,394 |  |

SHAREHOLDERS' FUNDS | 11,064,652 |  | 10,649,141 |  |

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30 September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30 September 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.

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

BALANCE SHEET - continued

30 SEPTEMBER 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 9 April 2026 and were signed on its behalf by:

Mrs B M Easterbrook - Director

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

NOTES TO THE FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30 SEPTEMBER 2025

1. | STATUTORY INFORMATION

| Pheasantry Farms And Brewery 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.

| The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

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

| Turnover

| Turnover comprises the invoiced value of goods and services supplied by the company, net of value added tax and trade discounts together with amounts receivable under the Basic Payment Scheme, Sustainable Farming Incentives and Other Grants.

| Tangible fixed assets

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

| Freehold buildings - 0% to 5% on cost

| Leasehold land and buildings - 5% on cost

| Plant and machinery - 25% on reducing balance or 5%, 10% or 20% on cost

| Computer equipment - 25% on cost

| Fixtures and fittings - 20% on cost

| Motor vehicles - 25% on reducing balance

| Freehold land is not depreciated

| Investments in subsidiaries

| Investments in subsidiary undertakings are recognised at cost.

| Stocks

| Stocks and work in progress are stated at the lower of cost and net realisable value. Cost is determined on a first in first out basis, and includes all direct costs incurred and attributable production overheads. Net realisable value is based on estimated selling price allowing for all further costs of completion and disposal.

| 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.

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 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.

| 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.

| The company operates a defined contribution pension scheme and the pension charge in the profit and loss account represents the amounts payable by the company to the fund in respect of the year.

| Debtors and creditors receivable / payable within one year

| Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at the transaction price.

| Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses

| Investments

| Investments are accounted for at cost.

3. | EMPLOYEES AND DIRECTORS

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

4. | TANGIBLE FIXED ASSETS

| Freehold |  | Fixtures

| land and |  | Plant and |  | and

| buildings |  | machinery |  | fittings

£ | £ | £ |

| COST

| At 1 October 2024 | 8,002,450 |  | 2,189,348 |  | 92,906 |  |

| Additions | - |  | 614,903 |  | 5,521 |  |

| Disposals | - |  | (73,458 | ) | - |  |

| At 30 September 2025 | 8,002,450 |  | 2,730,793 |  | 98,427 |  |

| DEPRECIATION

| At 1 October 2024 | 85,682 |  | 680,012 |  | 46,999 |  |

| Charge for year | 28,298 |  | 198,943 |  | 10,347 |  |

| Eliminated on disposal | - |  | (48,327 | ) | - |  |

| At 30 September 2025 | 113,980 |  | 830,628 |  | 57,346 |  |

| NET BOOK VALUE

| At 30 September 2025 | 7,888,470 |  | 1,900,165 |  | 41,081 |  |

| At 30 September 2024 | 7,916,768 |  | 1,509,336 |  | 45,907 |  |

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

4. | TANGIBLE FIXED ASSETS - continued

| Motor |  | Computer |

| vehicles |  | equipment |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024 | 96,043 |  | 7,964 |  | 10,388,711 |  |

| Additions | 44,792 |  | 933 |  | 666,149 |  |

| Disposals | (10,691 | ) | - |  | (84,149 | ) |

| At 30 September 2025 | 130,144 |  | 8,897 |  | 10,970,711 |  |

| DEPRECIATION

| At 1 October 2024 | 39,384 |  | 5,480 |  | 857,557 |  |

| Charge for year | 8,816 |  | 1,447 |  | 247,851 |  |

| Eliminated on disposal | (6,819 | ) | - |  | (55,146 | ) |

| At 30 September 2025 | 41,381 |  | 6,927 |  | 1,050,262 |  |

| NET BOOK VALUE

| At 30 September 2025 | 88,763 |  | 1,970 |  | 9,920,449 |  |

| At 30 September 2024 | 56,659 |  | 2,484 |  | 9,531,154 |  |

| Included in cost of land and buildings is freehold land of £ 7,340,210 (2024 - £ 7,340,210 ) which is not depreciated.

5. | FIXED ASSET INVESTMENTS

| Shares in |

| group |  | Unlisted |

| undertakings |  | investments |  | Totals

£ | £ | £ |

| COST

| At 1 October 2024

| and 30 September 2025 | 1 |  | 50 |  | 51 |  |

| NET BOOK VALUE

| At 30 September 2025 | 1 |  | 50 |  | 51 |  |

| At 30 September 2024 | 1 |  | 50 |  | 51 |  |

| The company's investments at the Balance Sheet date in the share capital of companies include the following:

| Pheasantry Ltd

| Registered office: High Brecks Farm Lincoln Road, East Markham, Newark, England, England, NG22 0SN

| Nature of business: Dormant company

| %

| Class of shares: | holding |

| Ordinary | 100.00 |

| 30.9.25 |  | 30.9.24

£ | £ |

| Aggregate capital and reserves | 1 |  | 1 |  |

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

6. | STOCKS

| 30.9.25 |  | 30.9.24

£ | £ |

| Growing crops | 112,148 |  | 56,082 |  |

| Crops in store | 425,731 |  | 660,013 |  |

| Sundry stocks | 205,718 |  | 285,454 |  |

743,597 |  | 1,001,549 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade debtors | 115,586 |  | 118,219 |  |

| Other debtors | 94,833 |  | 97,159 |  |

| Prepayments | 107,751 |  | 66,441 |  |

318,170 |  | 281,819 |  |

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

| 30.9.25 |  | 30.9.24

£ | £ |

| Trade creditors | 79,832 |  | 32,819 |  |

| Corporation tax | 29,055 |  | 97,854 |  |

| Social security and other taxes | 35,899 |  | 26,774 |  |

| Accrued expenses | 48,110 |  | 94,904 |  |

192,896 |  | 252,351 |  |

9. | LEASING AGREEMENTS

| Minimum lease payments under non-cancellable operating leases fall due as follows:

| 30.9.25 |  | 30.9.24

£ | £ |

| Within one year | 88,732 |  | 88,732 |  |

| Between one and five years | - |  | 88,732 |  |

88,732 |  | 177,464 |  |

10. | CALLED UP SHARE CAPITAL

| Allotted, issued and fully paid:

| Number: | Class: | Nominal | 30.9.25 |  | 30.9.24

| value: | £ | £ |

| 11,003 | A Ordinary | £1 | 11,003 |  | 11,003 |  |

| 3,347 | 'B' Ordinary Shares | £1 | 3,347 |  | 3,347 |  |

| 3,347 | 'C' Ordinary Shares | £1 | 3,347 |  | 3,347 |  |

| 3,347 | 'D' Ordinary Shares | £1 | 3,347 |  | 3,347 |  |

21,044 |  | 21,044 |  |

PHEASANTRY FARMS AND BREWERY LIMITED (REGISTERED NUMBER: 13042827)

NOTES TO THE FINANCIAL STATEMENTS - continued

FOR THE YEAR ENDED 30 SEPTEMBER 2025

11. | RESERVES

| Capital |

| Retained |  | redemption |

| earnings |  | reserve |  | Totals

£ | £ | £ |

| At 1 October 2024 | 10,610,394 |  | 17,703 |  | 10,628,097 |  |

| Profit for the year | 415,511 |  | 415,511 |  |

| At 30 September 2025 | 11,025,905 |  | 17,703 |  | 11,043,608 |  |