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COMPANY REGISTRATION NUMBER: 00670819

Pies Hill Farms Limited

Unaudited financial statements

31 December 2025

Pies Hill Farms Limited

Statement of financial position

31 December 2025

| 2025 | 2024
Note | £ | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 1,074,200 |  | 1,076,325
Investments | 6 |  | 20 |  | 20
|  | ----------- |  | -----------
|  | 1,074,220 |  | 1,076,345

Current assets

Stocks | 243,916 |  | 201,381 |
Debtors | 7 | 32,102 |  | 31,046 |
Cash at bank and in hand | 274,947 |  | 322,090 |
| --------- |  | --------- |
| 550,965 |  | 554,517 |

Creditors: Amounts falling due within one year | 8 | ( 36,603) |  | ( 71,491) |
| --------- |  | --------- |
Net current assets |  | 514,362 |  | 483,026
|  | ----------- |  | -----------
Total assets less current liabilities |  | 1,588,582 |  | 1,559,371

Provisions

Taxation including deferred tax |  | ( 3,059) |  | ( 3,148)
|  | ----------- |  | -----------
Net assets |  | 1,585,523 |  | 1,556,223
|  | ----------- |  | -----------

Capital and reserves

Called up share capital |  | 5,000 |  | 5,000
Profit and loss account |  | 1,580,523 |  | 1,551,223
|  | ----------- |  | -----------
Shareholders funds |  | 1,585,523 |  | 1,556,223
|  | ----------- |  | -----------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the income statement has not been delivered.
For the 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.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Pies Hill Farms Limited

Statement of financial position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 24 April 2026 , and are signed on behalf of the board by:

E C Byford
Director

Company registration number: 00670819

Pies Hill Farms Limited

Notes to the financial statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is First Floor Suite, 2 Hillside Business Park, Bury St Edmunds, Suffolk, IP32 7EA. The company's trading address during the year was Chapel Cottage,76 Upper Green, Higham, Bury St Edmunds, Suffolk, IP28 6PA.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Investments
Fixed asset investments are initially measured at cost.
Certain fixed asset investments are stated at their market value at the year end date.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer, usually on despatch of the goods, the amount of revenue can be measured reliably, it is probable that the associated economic benefits will flow to the entity, and the costs incurred or to be incurred in respect of the transactions can be measured reliably. Rental income is recognised on an accruals basis.
Taxation
Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date. Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Operating leases
Rentals applicable to operating leases where substantially all of the benefits and risks of ownership remain with the lessor are charged against profits on a straight line basis over the period of the lease.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Freehold property | - | 2% - 5% straight line
| Vehicles and equipment | - | 20% - 33% reducing balance

Freehold land is not depreciated.
Investment properties
Fixed asset investments are initially recorded at cost, and subsequently stated at cost less any accumulated impairment losses.
Listed investments are measured at fair value with changes in fair value being recognised in profit or loss.
Valuation
Commodity stocks and cultivations are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. The valuation of crops in store and cultivations includes an element of depreciation.
Financial instruments
Financial instruments are classified and accounted for, according to the substance of the contractual arrangement, as either financial assets, financial liabilities or equity instruments. An equity instrument is any contract that evidences as a residual interest in the assets of the company after deducting all of its liabilities.
Pension costs
The company operates a defined contribution pension scheme for directors. The assets of the scheme are held separately from those of the company. The annual contributions payable are charged to the profit and loss account.
4. Employee numbers
The average number of employees during the year was 3 (2024: 3 ).
5. Tangible assets

| Freehold property | Vehicles and equipment | Total
| £ | £ | £
Cost |  |  |
At 1 January 2025 | 1,107,001 | 44,459 | 1,151,460
Additions | – | 692 | 692
| ----------- | ------- | -----------
At 31 December 2025 | 1,107,001 | 45,151 | 1,152,152
| ----------- | ------- | -----------
Depreciation |  |  |
At 1 January 2025 | 32,163 | 42,972 | 75,135
Charge for the year | 2,391 | 426 | 2,817
| ----------- | ------- | -----------
At 31 December 2025 | 34,554 | 43,398 | 77,952
| ----------- | ------- | -----------
Carrying amount |  |  |
At 31 December 2025 | 1,072,447 | 1,753 | 1,074,200
| ----------- | ------- | -----------
At 31 December 2024 | 1,074,838 | 1,487 | 1,076,325
| ----------- | ------- | -----------

6. Investments

| Other investments other than loans
| £
Cost |
At 1 January 2025 and 31 December 2025 | 20
| ----
Impairment |
At 1 January 2025 and 31 December 2025 | –
| ----

Carrying amount |
At 31 December 2025 | 20
| ----
At 31 December 2024 | 20
| ----

7. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 23,673 | 24,040
Other debtors | 8,429 | 7,006
| ------- | -------
| 32,102 | 31,046
| ------- | -------

8. Creditors: Amounts falling due within one year

| 2025 | 2024
| £ | £
Trade creditors | 5,798 | 5,878
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 2,003 | 2,000
Social security and other taxes | 8,268 | 31,778
Other creditors | 20,534 | 31,835
| ------- | -------
| 36,603 | 71,491
| ------- | -------