REGISTERED NUMBER: 00629520 (England and Wales)

Unaudited Financial Statements for the Year Ended 30 April 2025

for

T Whitwell & Sons Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

W R Whitwell

T J Whitwell

SECRETARY:

M G Whitwell

REGISTERED OFFICE:

Pendleton Hall Farm

Pendleton

Clitheroe

Lancashire

BB7 1PT

REGISTERED NUMBER:

00629520 (England and Wales)

ACCOUNTANTS:

TT Business Services Ltd

Chartered Accountants

3 Burwell Close

Rochdale

Lancashire

OL12 6DQ

FIXED ASSETS

Tangible assets

4

722,692

767,009

Herd basis

5

135,897

153,284

858,589

920,293

CURRENT ASSETS

Stocks

56,460

43,320

Debtors

6

77,664

73,891

Cash at bank and in hand

2,835

3,001

136,959

120,212

CREDITORS

Amounts falling due within one year

7

(141,083

)

(137,679

)

NET CURRENT LIABILITIES

(4,124

)

(17,467

)

TOTAL ASSETS LESS CURRENT LIABILITIES

854,465

902,826

CREDITORS

Amounts falling due after more than one year

8

(540,372

)

(542,940

)

PROVISIONS FOR LIABILITIES

(16,656

)

(36,503

)

NET ASSETS

297,437

323,383

CAPITAL AND RESERVES

Called up share capital

1,723

1,723

Capital redemption reserve

2,857

2,857

Retained earnings

292,857

318,803

SHAREHOLDERS' FUNDS

297,437

323,383

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

The members have not required the company to obtain an audit of its financial statements for the year ended 30 April 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 29 April 2026 and were signed on its behalf by:

W R Whitwell - Director

1.	STATUTORY INFORMATION

T Whitwell & Sons 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.

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.

Plant and machinery etc

-

10% on reducing balance and at varying rates on cost

Stocks

Immature livestock is valued at the lower of cost or in the case of home reared livestock at a given percentage of market value of similar animals. Other stock is valued at the lower of cost and 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.

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.

Production livestock

Production livestock described in the accounts under the heading "herd basis" and "flock of sheep" is valued at the lower of cost or replacement value. In the case of home reared livestock deemed cost is calculated at a percentage of market value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 2 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 May 2024

1,279,139

Additions

21,000

At 30 April 2025

1,300,139

DEPRECIATION

At 1 May 2024

512,130

Charge for year

65,317

At 30 April 2025

577,447

NET BOOK VALUE

At 30 April 2025

722,692

At 30 April 2024

767,009

5.	HERD BASIS

Dairy

herd

Flock of

basis

sheep

Totals

£

£

£

COST

At 1 May 2024

116,529

36,755

153,284

Disposals

(16,485

)

(902

)

(17,387

)

At 30 April 2025

100,044

35,853

135,897

NET BOOK VALUE

At 30 April 2025

100,044

35,853

135,897

At 30 April 2024

116,529

36,755

153,284

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Amounts owed by group undertakings

50,000

50,000

Other debtors

27,664

23,891

77,664

73,891

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans and overdrafts

16,724

14,629

Hire purchase contracts

4,358

-

Other creditors

120,001

123,050

141,083

137,679

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.4.25

30.4.24

£

£

Bank loans

177,239

192,940

Hire purchase contracts

13,133

-

Other creditors

350,000

350,000

540,372

542,940

9.	SECURED DEBTS

The following secured debts are included within creditors:

30.4.25

30.4.24

£

£

Bank loans

193,963

207,569

The term bank loan outstanding as at 30 April 2025 amounting to £155,153 (2024-161,449) is secured and repayable over the remaining 141 months of the loan. The interest rate is charged at 3.28% above base rate.

A Bounce back loan is also outstanding as at 30 April 2025

amounting to £38,810 (2024 -£46,120). The interest rate is 2.5%.