Company No: 08254273 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	1,453,264		1,334,538
Investments		150		150
		1,453,414		1,334,688
Current assets
Stocks	4	31,500		25,380
Debtors	5	840,012		799,856
Cash at bank and in hand		157,806		166,265
		1,029,318		991,501
Creditors: amounts falling due within one year	6	( 654,135)		( 569,197)
Net current assets		375,183		422,304
Total assets less current liabilities		1,828,597		1,756,992
Creditors: amounts falling due after more than one year	7	( 204,683)		( 173,990)
Provision for liabilities		( 310,543)		( 281,463)
Net assets		1,313,371		1,301,539
Capital and reserves
Called-up share capital	8	50		50
Share premium account		422,901		422,901
Capital redemption reserve		50		50
Profit and loss account		890,370		878,538
Total shareholder's funds		1,313,371		1,301,539

For the financial year ending 31 December 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial year in accordance with section 476;
• The director acknowledges their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements; and
• These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime and a copy of the Profit and Loss Account has not been delivered.

The financial statements of Tone Valley Services Limited (registered number: 08254273) were approved and authorised for issue by the Director on 23 April 2026. They were signed on its behalf by:

N Howe Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial year and to the preceding financial year, unless otherwise stated.

General information and basis of accounting

Tone Valley Services Limited (the Company) is a private company, limited by shares, incorporated in the United Kingdom under the Companies Act 2006 and is registered in England and Wales. The address of the Company's registered office is Gamlins Farm, Greenham, Wellington, TA21 0LZ, United Kingdom.

The financial statements have been prepared under the historical cost convention, modified to include certain items at fair value, and in accordance with Section 1A of Financial Reporting Standard 102 (FRS 102) ‘The Financial Reporting Standard applicable in the UK and Republic of Ireland’ issued by the Financial Reporting Council and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime.

The financial statements are presented in pounds sterling which is the functional currency of the Company and rounded to the nearest £.

Turnover

Turnover comprises the fair value of the consideration received or receivable for the sale of eggs and provision of contracting services in the ordinary course of the company’s activities. Turnover is shown net of sales/value added tax, returns, rebates and discounts.

The company recognises revenue when it is probable that future economic benefits will flow to the entity and specific criteria have been met for each of the company's activities. For the sale of eggs, turnover is recognised at the point of delivery of goods to the customer. For the provision of contracting services, turnover is recognised on delivery of the service.

Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date. Tax is recognised in the profit and loss account, except that a change attributable to an item of income or expense recognised as other comprehensive income is also recognised directly in other comprehensive income.

Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the tax rates and laws that have been enacted or substantively enacted by the Balance Sheet date that are expected to apply when the timing differences reverse. Deferred tax assets and liabilities are not discounted.

The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit. Deferred tax liabilities are presented within provisions for liabilities on the balance sheet.

Exceptional costs incurred

Exceptional costs incurred in the comparative year are legal costs and Stamp Duty associated with the purchase of the companies own shares.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation. Depreciation is provided on all tangible fixed assets, other than investment property and freehold land, at rates calculated to write off the cost or valuation, less estimated residual value, of each asset on a straight-line or reducing balance basis over its expected useful life, as follows:

Leasehold improvements	50 years straight line
Plant and machinery	5 years straight line
Vehicles	25 % reducing balance
Office equipment	20 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.

The gain or loss arising on the disposal of an asset is determined as the difference between the sale proceeds and the carrying value of the asset, and is credited or charged to profit or loss.

Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Profit and Loss Account over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.

Fixed asset investments

Investments comprise unlisted investments which are measured at cost less accumulated impairment.

Stocks

Stocks include deadstock such as fuel and oil, which are stated at the lower of cost and estimated selling price less costs to complete and sell.

Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

Cash and cash equivalents

Cash and cash equivalents are basic financial assets and include cash in hand, deposits held at call with banks, other short-term liquid investments with original maturities of three months or less, and bank overdrafts. Bank overdrafts are shown within borrowings in creditors: amounts falling due within one year.

Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost. If there is an unconditional right to defer settlement for at least twelve months after the reporting date, they are presented as non-current liabilities.

Provisions

Provisions are recognised when the Company has a present obligation (legal or constructive) as a result of a past event, it is probable that the Company will be required to settle that obligation and a reliable estimate can be made of the amount of the obligation.

The amount recognised as a provision is the best estimate of the consideration required to settle the present obligation at the Balance Sheet date, taking into account the risks and uncertainties surrounding the obligation. Where a provision is measured using the cash flows estimated to settle the present obligation, its carrying amount is the present value of those cash flows (when the effect of the time value of money is material).

When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

Ordinary share capital

The ordinary share capital of the Company is presented as equity.

Share premium

The share premium account includes any premiums received on the issue of share capital. Transaction costs associated with the issuing of shares are deducted from the share premium.

Capital redemption reserve

The capital redemption reserve records the nominal value of shares repurchased by the company.

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including the director	44		41

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Office equipment		Total
	£		£		£		£		£
Cost
At 01 January 2025	207,099		1,026,075		1,460,450		2,695		2,696,319
Additions	19,696		67,607		482,060		0		569,363
Disposals	0		( 90,172)		( 160,975)		0		( 251,147)
At 31 December 2025	226,795		1,003,510		1,781,535		2,695		3,014,535
Accumulated depreciation
At 01 January 2025	23,987		698,364		637,253		2,177		1,361,781
Charge for the financial year	4,446		100,707		218,344		104		323,601
Disposals	0		( 71,797)		( 52,314)		0		( 124,111)
At 31 December 2025	28,433		727,274		803,283		2,281		1,561,271
Net book value
At 31 December 2025	198,362		276,236		978,252		414		1,453,264
At 31 December 2024	183,112		327,711		823,197		518		1,334,538

4. Stocks

	2025		2024
	£		£
Other stock	31,500		25,380

5. Debtors

	2025		2024
	£		£
Trade debtors	805,658		728,348
Corporation tax	24,173		0
Other debtors	10,181		71,508
	840,012		799,856

6. Creditors: amounts falling due within one year

	2025		2024
	£		£
Trade creditors	272,202		132,375
Amounts owed to director	45,831		90,539
Accruals	62,988		75,281
Taxation and social security	145,877		192,019
Obligations under finance leases and hire purchase contracts (secured)	60,974		37,850
Other creditors	66,263		41,133
	654,135		569,197

Included within other creditors are wages, pension contributions and credit card borrowings

7. Creditors: amounts falling due after more than one year

	2025		2024
	£		£
Obligations under finance leases and hire purchase contracts (secured)	204,683		173,990

8. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
50 Ordinary shares of £ 1.00 each	50		50