| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2025 |
| for |
| C.W.PARKER (WAINFLEET) LIMITED |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| for the Year Ended 30 September 2025 |
| for |
| C.W.PARKER (WAINFLEET) LIMITED |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| 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 |
| C.W.PARKER (WAINFLEET) LIMITED |
| Company Information |
| for the year ended 30 September 2025 |
| Directors: |
| Secretary: |
| Registered office: |
| Registered number: |
| Accountants: |
| 23 Algitha Road |
| Skegness |
| United Kingdom |
| PE25 2AG |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Balance Sheet |
| 30 September 2025 |
| 2025 | 2024 |
| Notes | £ | £ | £ | £ |
| Fixed assets |
| Tangible assets | 4 |
| Investments | 5 |
| Current assets |
| Stocks | 6 |
| Debtors | 7 |
| Cash at bank and in hand |
| Creditors |
| Amounts falling due within one year | 8 |
| Net current assets |
| Total assets less current liabilities |
| Creditors |
| Amounts falling due after more than one year | 9 | ( |
) | ( |
) |
| Provisions for liabilities | ( |
) | ( |
) |
| Net assets |
| Capital and reserves |
| Called up share capital | 11 |
| Capital redemption reserve | 12 |
| Retained earnings | 12 |
| Shareholders' funds |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Balance Sheet - continued |
| 30 September 2025 |
| 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 were approved by the Board of Directors and authorised for issue on |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Notes to the Financial Statements |
| for the year ended 30 September 2025 |
| 1. | Statutory information |
| C.W.Parker (Wainfleet) Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | Accounting policies |
| Basis of preparing the financial statements |
| Turnover |
| Income is recognised on the receipt of self- billing invoices received from customers in respect of crop sales and government schemes |
| Tangible fixed assets |
| Improvement to buildings | - |
| Grain Silos | - |
| Office equipment | - |
| Motor vehicles and tractors | - |
| Holiday cottage fixtures and fittings | - |
| Freehold property is not depreciated as the company maintain the buildings in good repair and to such an extent that in their opinion the residual value exceeds the prices prevailing at the dates of acquisition |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| The valuation is based on the cost of purchasing seed, fertilisers and sprays and cost of own labour. Any crops held in store are valued at deemed cost of production. |
| 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. |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2025 |
| 2. | Accounting policies - continued |
| Pension costs |
| The company operates a funded defined benefit scheme, the costs of which are accounted for when paid. |
| The company have previously contributed to a directors personal pension, no such payments were made in the current or previous year, and no amounts remain unpaid. |
| In addition the company has introduced a compliant autoenrolment scheme open to all eligible employees. |
| Investment properties |
| Investment properties are recorded at cost and includes acquisition costs such as stamp duty and conveyancing costs and the capitalisation of own labour relating to the renovation of investment property. |
| Investments |
| Investments are included at cost less amounts written off. Profits or losses arising from disposals of investments are treated as part of the results from ordinary activities. |
| Government grants |
| Government grants, including the basic payment scheme, de-linked payments scheme and sustainable farming incentive scheme, are recognised in the financial statements in accordance with current H M Revenue & Customs guidance. |
| 3. | Employees and directors |
| The average number of employees during the year was |
| 4. | Tangible fixed assets |
| Improvement |
| Freehold | to | Plant and |
| property | buildings | Grain Silos | machinery |
| £ | £ | £ | £ |
| Cost |
| At 1 October 2024 |
| Additions |
| Disposals | ( |
) | ( |
) | ( |
) |
| Reclassification/transfer | ( |
) | ( |
) | ( |
) |
| At 30 September 2025 |
| Depreciation |
| At 1 October 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| Reclassification/transfer | ( |
) | ( |
) |
| At 30 September 2025 |
| Net book value |
| At 30 September 2025 |
| At 30 September 2024 |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2025 |
| 4. | Tangible fixed assets - continued |
| Holiday |
| Motor | cottage |
| vehicles | fixtures |
| Office | and | and |
| equipment | tractors | fittings | Totals |
| £ | £ | £ | £ |
| Cost |
| At 1 October 2024 |
| Additions |
| Disposals | ( |
) | ( |
) |
| Reclassification/transfer | ( |
) | ( |
) |
| At 30 September 2025 |
| Depreciation |
| At 1 October 2024 |
| Charge for year |
| Eliminated on disposal | ( |
) | ( |
) |
| Reclassification/transfer | ( |
) | ( |
) |
| At 30 September 2025 |
| Net book value |
| At 30 September 2025 |
| At 30 September 2024 |
| Included behind freehold property is investment property amounting to £253,963 (2024 - £253,963) which is not depreciated. All such assets are included at cost price. |
| 5. | Fixed asset investments |
| Other |
| investments |
| £ |
| Cost |
| At 1 October 2024 |
| and 30 September 2025 |
| Net book value |
| At 30 September 2025 |
| At 30 September 2024 |
| The market value of the unlisted investments are included at the Director's valuation. |
| 6. | Stocks |
| 2025 | 2024 |
| £ | £ |
| Valuation | 549,137 | 406,049 |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2025 |
| 7. | Debtors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Trade debtors |
| VAT |
| Prepayments |
| 8. | Creditors: amounts falling due within one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans and overdrafts |
| Trade creditors |
| Corporation tax |
| Social security and other taxes |
| VAT | - | 9,400 |
| The bank loans due to be repaid within one year, have been secured by replacement loans which cover the full liability. Therefore there are no concerns regarding the Companies ability to repay the amounts falling due. |
| 9. | Creditors: amounts falling due after more than one year |
| 2025 | 2024 |
| £ | £ |
| Bank loans - 1-2 years |
| Bank loans - 2-5 years |
| Bank loans more 5 years | 3,236,840 | 3,166,562 |
| Amounts falling due in more than five years: |
| Repayable otherwise than by instalments |
| Bank loans more 5 years |
| 10. | Secured debts |
| The following secured debts are included within creditors: |
| 2025 | 2024 |
| £ | £ |
| Bank loans |
| The bank overdraft and the bank loans are secured under the following conditions: |
| 530 acres of land |
| 420 acres of land at Wainfleet |
| 463 acres of land at Bilsby Estate Bilsby |
| An unlimited debenture |
| C.W.PARKER (WAINFLEET) LIMITED (REGISTERED NUMBER: 00493859) |
| Notes to the Financial Statements - continued |
| for the year ended 30 September 2025 |
| 11. | Called up share capital |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2025 | 2024 |
| value: | £ | £ |
| A Ordinary | £1 | 5,001 | 5,001 |
| 12. | Reserves |
| Capital |
| Retained | redemption |
| earnings | reserve | Totals |
| £ | £ | £ |
| At 1 October 2024 | 6,529,754 |
| Profit for the year |
| At 30 September 2025 | 6,824,308 |
| 13. | Ultimate controlling party |
| The company was under the control of Mrs A E Hickling throughout the current and previous year. |