REGISTERED NUMBER: 02190310 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Ouse Bridge Farms Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

Directors:

Mr J J Martin

Mrs N S Martin

Mr S J Martin

Mr B C Martin

Secretary:

Mr J J Martin

Registered office:

Ouse Bridge Farm

Denver Sluice

Downham Market

Norfolk

PE38 0EH

Registered number:

02190310 (England and Wales)

Accountants:

Stephenson Smart (East Anglia) Limited

Chartered Accountants

22-26 King Street

King's Lynn

Norfolk

PE30 1HJ

Fixed assets

Intangible assets

5

1,540

3,080

Tangible assets

6

87,289

99,966

Investments

7

270,014

252,755

358,843

355,801

Current assets

Stocks

319,257

331,147

Debtors

8

134,901

105,563

Cash at bank

705,106

759,431

1,159,264

1,196,141

Creditors

Amounts falling due within one year

9

(127,739

)

(139,902

)

Net current assets

1,031,525

1,056,239

Total assets less current liabilities

1,390,368

1,412,040

Provisions for liabilities

(35,075

)

(38,282

)

Net assets

1,355,293

1,373,758

Capital and reserves

Called up share capital

8

8

Share premium

10

24

24

Capital redemption reserve

10

100

100

Retained earnings

10

1,355,161

1,373,626

1,355,293

1,373,758

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

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

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 27 April 2026 and were signed on its behalf by:

Mr J J Martin - Director

1.	Statutory information

Ouse Bridge Farms 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.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

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.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Entitlements are being amortised evenly over their estimated useful life of five years.

Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

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

Plant and machinery - 25% p.a. reducing balance

Motor vehicles - 25% p.a. reducing balance

Stocks

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

The deemed cost of harvested crops is based on 75% of its expected sales value in accordance with BEN19.

Financial instruments

The company classifies its financial instruments in the following categories: measured at amortised cost; and measured at fair value through profit and loss. The classification is determined at initial recognition and depends on the purpose for which the financial instruments are required.

Measured at amortised cost includes non-derivative financial assets and liabilities with fixed or determinable payments that are not quoted in an active market. Financial assets are included in current assets, except where the maturity date is more than 12 months after the end of the reporting period. They are initially recorded at fair value and subsequently recorded at amortised cost. Financial liabilities are included in current liabilities, except where the maturity date is more than 12 months after the end of the reporting period. They are initially measured at original cost, less amortisation or provisions raised.

Measured at fair value through profit and loss includes financial assets and liabilities. They are classified according to maturity date, within current and non-current assets and liabilities respectively.

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 pension contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separated entity. Once the contributions have been paid the company has no further payment obligations.

The contributions are recognised as an expense in profit or loss when they fall due. Amounts not paid are shown in accruals as a liability in the balance sheet. The assets of the plan are held separately from the company in independently administered funds.

Valuation of investments

Investments in listed company shares are remeasured to the market value at each balance sheet date. Gains and losses on remeasurement are recognised in profit or loss for the period.

4.	Employees and directors

The average number of employees during the year was 4 (2024 - 3 ) .

5.	Intangible fixed assets

Entitlements

£

Cost

At 1 January 2025

and 31 December 2025

7,700

Amortisation

At 1 January 2025

4,620

Amortisation for year

1,540

At 31 December 2025

6,160

Net book value

At 31 December 2025

1,540

At 31 December 2024

3,080

6.	Tangible fixed assets

Plant and

Motor

machinery

vehicles

Totals

£

£

£

Cost

At 1 January 2025

586,229

21,000

607,229

Additions

399

-

399

At 31 December 2025

586,628

21,000

607,628

Depreciation

At 1 January 2025

489,007

18,256

507,263

Charge for year

12,390

686

13,076

At 31 December 2025

501,397

18,942

520,339

Net book value

At 31 December 2025

85,231

2,058

87,289

At 31 December 2024

97,222

2,744

99,966

7.	Fixed asset investments

Other

investments

£

Cost or valuation

At 1 January 2025

252,755

Disposals

(658

)

Revaluations

18,830

Exchange differences

(1,749

)

Dividends received

831

Reclassification/transfer

5

At 31 December 2025

270,014

Net book value

At 31 December 2025

270,014

At 31 December 2024

252,755

Cost or valuation at 31 December 2025 is represented by:

Other

investments

£

Valuation in 2022

222,810

Valuation in 2023

15,514

Valuation in 2024

14,431

Valuation in 2025

17,259

270,014

8.

Debtors: amounts falling due within one year

31.12.25

31.12.24

£

£

Trade debtors

108,773

78,923

Other debtors

26,128

26,640

134,901

105,563

9.

Creditors: amounts falling due within one year

31.12.25

31.12.24

£

£

Trade creditors

24,107

45,603

Taxation and social security

61,092

52,036

Other creditors

42,540

42,263

127,739

139,902

10.

Reserves

Capital

Retained

Share

redemption

earnings

premium

reserve

Totals

£

£

£

£

At 1 January 2025

1,373,626

24

100

1,373,750

Profit for the year

189,535

189,535

Dividends

(208,000

)

(208,000

)

At 31 December 2025

1,355,161

24

100

1,355,285

Retained earnings

31.12.25

31.12.24

£

£

Distributable

1,306,205

1,327,689

Non-distributable

48,956

45,937

1,355,161

1,373,626