Company registration number 08748147 (England and Wales)
LINGY MOOR FARMING LTD
UNAUDITED FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
PAGES FOR FILING WITH REGISTRAR
LINGY MOOR FARMING LTD
CONTENTS
Page
Balance sheet
1 - 2
Notes to the financial statements
3 - 8
LINGY MOOR FARMING LTD
BALANCE SHEET
AS AT
31 OCTOBER 2025
31 October 2025
- 1 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
3
1,258,810
1,115,717
Investment property
4
1,375,246
974,584
2,634,056
2,090,301
Current assets
Stocks
758,540
602,110
Debtors
5
199,699
145,051
Cash at bank and in hand
6,524
4,672
964,763
751,833
Creditors: amounts falling due within one year
6
(762,792)
(752,551)
Net current assets/(liabilities)
201,971
(718)
Total assets less current liabilities
2,836,027
2,089,583
Creditors: amounts falling due after more than one year
7
(1,697,141)
(1,167,362)
Provisions for liabilities
(283,770)
(151,378)
Net assets
855,116
770,843
Capital and reserves
Called up share capital
8
4,200
4,200
Profit and loss reserves
850,916
766,643
Total equity
855,116
770,843
LINGY MOOR FARMING LTD
BALANCE SHEET (CONTINUED)
AS AT
31 OCTOBER 2025
31 October 2025
- 2 -

For the financial year ended 31 October 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

T he 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 Companies Act 2006 with respect to accounting records and the preparation of financial statements.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime.

The directors of the company have elected not to include a copy of the profit and loss account within the financial statements.true

The financial statements were approved by the board of directors and authorised for issue on 11 May 2026 and are signed on its behalf by:
C P Barker
Director
Company registration number 08748147 (England and Wales)
LINGY MOOR FARMING LTD
NOTES TO THE FINANCIAL STATEMENTS
FOR THE YEAR ENDED 31 OCTOBER 2025
- 3 -
1
Accounting policies
Company information

Lingy Moor Farming Ltd is a private company limited by shares incorporated in England and Wales. The registered office is North Lingy Moor Farm, Moulton, Richmond, North Yorkshire, DL10 6QN.

1.1
Basis of preparation

These financial statements have been prepared in accordance with FRS 102 “The Financial Reporting Standard applicable in the UK and Republic of Ireland” (“FRS 102”) and the requirements of the Companies Act 2006 as applicable to companies subject to the small companies regime. The disclosure requirements of section 1A of FRS 102 have been applied other than where additional disclosure is required to show a true and fair view.

The financial statements are prepared in sterling, which is the functional currency of the company. Monetary a mounts in these financial statements are rounded to the nearest £.

The financial statements have been prepared under the historical cost convention, modified to include investment properties at fair value. The principal accounting policies adopted are set out below.

1.2
Going concern

A true t the time of approving the financial statements, t he directors have a reasonable expectation that the company has adequate resources to continue in operational existence for the foreseeable future. Thus t he directors continue to adopt the going concern basis of accounting in preparing the financial statements.

1.3
Revenue

Turnover represents the fair value of consideration receivable for goods supplied in the normal course of business, net of discounts and value added tax. Revenue from the sale of livestock and agricultural produce is recognised when control and significant risks and rewards of ownership have passed to the buyer, which is typically on delivery or collection.

1.4
Tangible fixed assets

Tangible fixed assets are initially measured at cost and subsequently measured at cost or valuation, net of depreciation and any impairment losses.

Depreciation is recognised so as to write off the cost or valuation of assets less their residual values over their useful lives on the following bases:

Freehold land and buildings
2% on cost
Plant and equipment
15% on reducing balance
Fixtures and fittings
20% on cost
Computers
33% on cost
Motor vehicles
25% on reducing balance

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.

1.5
Investment property

Investment property, which is property held to earn rentals and/or for capital appreciation, is initially recognised at cost, which includes the purchase cost and any directly attributable expenditure. Subsequently it is measured at fair value a t the reporting end date. Changes in fair value are recognised in profit or loss.

LINGY MOOR FARMING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 4 -
1.6
Impairment of fixed assets

At each reporting period end date, the company reviews the carrying amounts of its tangible assets to determine whether there is any indication that those assets have suffered an impairment loss. If any such indication exists, the recoverable amount of the asset is estimated in order to determine the extent of the impairment loss (if any). Where it is not possible to estimate the recoverable amount of an individual asset, the company estimates the recoverable amount of the cash-generating unit to which the asset belongs.

1.7
Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the stocks to their present location and condition.

Stocks held for distribution at no or nominal consideration are measured at the lower of cost and replacement cost, adjusted where applicable for any loss of service potential.

1.8
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 current liabilities.

1.9
Financial instruments

The company has elected to apply the provisions of Section 11 ‘Basic Financial Instruments’ and Section 12 ‘Other Financial Instruments Issues’ of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's balance sheet when the company becomes party to the contractual provisions of the instrument.

Financial assets and liabilities are offset, with the net amounts presented in the financial statements, when there is a legally enforceable right to set off the recognised amounts and there is an intention to settle on a net basis or to realise the asset and settle the liability simultaneously.

Basic financial assets

Basic financial assets, which include debtors and cash and bank balances, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Classification of financial liabilities

Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. An equity instrument is any contract that evidences a residual interest in the assets of the company after deducting all of its liabilities.

LINGY MOOR FARMING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 5 -
Basic financial liabilities

Basic financial liabilities, including creditors, bank loans, loans from fellow group companies and preference shares that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future paymen ts discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Debt instruments are subsequently carried at amortised cost, using the effective interest rate method.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. A m ounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

1.10
Equity instruments

Equity instruments issued by the company are recorded at the proceeds received, net of transaction costs. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the company.

1.11
Taxation

The tax expense represents the sum of the tax currently payable and deferred tax.

Current tax

The tax currently payable is based on taxable profit for the year. Taxable profit differs from net profit as reported in the profit and loss account because it excludes items of income or expense that are taxable or deductible in other years and it further excludes items that are never taxable or deductible. The company’s liability for current tax is calculated using tax rates that have been enacted or substantively enacted by the reporting end date.

Deferred tax

Deferred tax liabilities are generally recognised for all timing differences and 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. Such assets and liabilities are not recognised if the timing difference arises from goodwill or from the initial recognition of other assets and liabilities in a transaction that affects neither the tax profit nor the accounting profit.

The carrying amount of deferred tax assets is reviewed at each reporting end date and reduced to the extent that it is no longer probable that sufficient taxable profits will be available to allow all or part of the asset to be recovered. Deferred tax is calculated at the tax rates that are expected to apply in the period when the liability is settled or the asset is realised. Deferred tax is charged or credited in the profit and loss account, except when it relates to items charged or credited directly to equity, in which case the deferred tax is also dealt with in equity. Deferred tax assets and liabilities are offset when the company has a legally enforceable right to offset current tax assets and liabilities and the deferred tax assets and liabilities relate to taxes levied by the same tax authority.

1.12
Employee benefits

The costs of short-term employee benefits are recognised as a liability and an expense, unless those costs are required to be recognised as part of the cost of stock or fixed assets.

The cost of any unused holiday entitlement is recognised in the period in which the employee’s services are received.

Termination benefits are recognised immediately as an expense when the company is demonstrably committed to terminate the employment of an employee or to provide termination benefits.

LINGY MOOR FARMING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
1
Accounting policies
(Continued)
- 6 -
1.13
Retirement benefits

Payments to defined contribution retirement benefit schemes are charged as an expense as they fall due.

1.14
Leases
As lessee

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their useful lives. Those held under finance leases are depreciated over their useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

As lessor

When the company acts as a lessor, a lease is classified as a finance lease whenever it transfers substantially all the risks and rewards of ownership of the underlying asset to the lessee, either at the end of the lease term or for the major part of the economic life of the asset. All other leases are classified as operating leases. If an arrangement contains both lease and non-lease components, the company allocates the consideration in the contract to the two elements.

1.15
Government grants

Government grants are recognised at the fair value of the asset receive d or receivable when there is reasonable assurance that the grant conditions will be met and the grants will be received.

A grant that specifies performance conditions is recognised in income when the performance conditions are met. Where a grant does not specify performance conditions it is recognised in income when the proceeds are received or receivable. A grant received before the recognition criteria are satisfied is recognised as a liability.

2
Employees

The average monthly number of persons (including directors) employed by the company during the year was:

2025
2024
Number
Number
Total
5
5
LINGY MOOR FARMING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 7 -
3
Tangible fixed assets
Freehold land and buildings
Plant and equipment
Fixtures and fittings
Computers
Motor vehicles
Total
£
£
£
£
£
£
Cost
At 1 November 2024
801,828
829,216
34,001
266
10,775
1,676,086
Additions
-
0
285,219
-
0
-
0
-
0
285,219
Disposals
-
0
(126,250)
-
0
-
0
-
0
(126,250)
At 31 October 2025
801,828
988,185
34,001
266
10,775
1,835,055
Depreciation and impairment
At 1 November 2024
89,099
436,177
24,659
266
10,168
560,369
Depreciation charged in the year
13,166
56,668
6,597
-
0
152
76,583
Eliminated in respect of disposals
-
0
(60,707)
-
0
-
0
-
0
(60,707)
At 31 October 2025
102,265
432,138
31,256
266
10,320
576,245
Carrying amount
At 31 October 2025
699,563
556,047
2,745
-
0
455
1,258,810
At 31 October 2024
712,729
393,039
9,342
-
0
607
1,115,717
4
Investment property
2025
£
Fair value
At 1 November 2024
974,584
Additions
400,662
At 31 October 2025
1,375,246

The fair value of investment property has been arrived at on the basis of an assessment made by directors. The valuation was made on an open market basis.

5
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
114,533
85,831
Other debtors
85,166
59,220
199,699
145,051
LINGY MOOR FARMING LTD
NOTES TO THE FINANCIAL STATEMENTS (CONTINUED)
FOR THE YEAR ENDED 31 OCTOBER 2025
- 8 -
6
Creditors: amounts falling due within one year
2025
2024
£
£
Bank loans and overdrafts
417,510
395,678
Trade creditors
224,056
125,077
Taxation and social security
973
54,100
Other creditors
120,253
177,696
762,792
752,551
7
Creditors: amounts falling due after more than one year
2025
2024
£
£
Bank loans
1,566,385
1,120,937
Other creditors
130,756
46,425
1,697,141
1,167,362

Included in other creditors is hire purchase debt totalling £144,365 (2024: 50,398).

The hire purchase debt is secured on the assets themselves.

The bank loan debt is secured by way of debenture and a freehold 1st legal charge.

8
Called up share capital
2025
2024
2025
2024
Ordinary share capital
Number
Number
£
£
Issued and fully paid
A Ordinary of £1 each
1,000
1,000
1,000
1,000
B Ordinary of £1 each
1,000
1,000
1,000
1,000
C Ordinary of £1 each
1,000
1,000
1,000
1,000
D Ordinary of £1 each
1,000
1,000
1,000
1,000
E Ordinary of £1 each
100
100
100
100
F Ordinary of £1 each
100
100
100
100
4,200
4,200
4,200
4,200
9
Related party transactions

At the balance sheet date, £14,000 (2024:£14,000) was due from a company in which a director is also a director.

During the year the directors made an interest free loan to the company. The balance as at 31 October 2025 was £57,982 (2024:£118,182)

2025-10-31 2024-11-01 false false false 12 May 2026 CCH Software CCH Accounts Production 2026.100 No description of principal activity H R Barker C P Barker J Barker R T Barker 08748147 2024-11-01 2025-10-31 08748147 2025-10-31 08748147 2024-10-31 08748147 core:LandBuildings core:OwnedOrFreeholdAssets 2025-10-31 08748147 core:PlantMachinery 2025-10-31 08748147 core:FurnitureFittings 2025-10-31 08748147 core:ComputerEquipment 2025-10-31 08748147 core:MotorVehicles 2025-10-31 08748147 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-31 08748147 core:PlantMachinery 2024-10-31 08748147 core:FurnitureFittings 2024-10-31 08748147 core:ComputerEquipment 2024-10-31 08748147 core:MotorVehicles 2024-10-31 08748147 core:CurrentFinancialInstruments core:WithinOneYear 2025-10-31 08748147 core:CurrentFinancialInstruments core:WithinOneYear 2024-10-31 08748147 core:Non-currentFinancialInstruments core:AfterOneYear 2025-10-31 08748147 core:Non-currentFinancialInstruments core:AfterOneYear 2024-10-31 08748147 core:CurrentFinancialInstruments 2025-10-31 08748147 core:CurrentFinancialInstruments 2024-10-31 08748147 core:Non-currentFinancialInstruments 2025-10-31 08748147 core:Non-currentFinancialInstruments 2024-10-31 08748147 core:ShareCapital 2025-10-31 08748147 core:ShareCapital 2024-10-31 08748147 core:RetainedEarningsAccumulatedLosses 2025-10-31 08748147 core:RetainedEarningsAccumulatedLosses 2024-10-31 08748147 core:ShareCapitalOrdinaryShareClass1 2025-10-31 08748147 core:ShareCapitalOrdinaryShareClass1 2024-10-31 08748147 core:ShareCapitalOrdinaryShareClass2 2025-10-31 08748147 core:ShareCapitalOrdinaryShareClass2 2024-10-31 08748147 core:ShareCapitalOrdinaryShareClass3 2025-10-31 08748147 core:ShareCapitalOrdinaryShareClass3 2024-10-31 08748147 core:ShareCapitalOrdinaryShareClass4 2025-10-31 08748147 core:ShareCapitalOrdinaryShareClass4 2024-10-31 08748147 core:ShareCapitalOrdinaryShareClass5 2025-10-31 08748147 core:ShareCapitalOrdinaryShareClass5 2024-10-31 08748147 core:ShareCapitalOrdinaryShares 2025-10-31 08748147 core:ShareCapitalOrdinaryShares 2024-10-31 08748147 bus:Director2 2024-11-01 2025-10-31 08748147 core:LandBuildings core:OwnedOrFreeholdAssets 2024-11-01 2025-10-31 08748147 core:PlantMachinery 2024-11-01 2025-10-31 08748147 core:FurnitureFittings 2024-11-01 2025-10-31 08748147 core:ComputerEquipment 2024-11-01 2025-10-31 08748147 core:MotorVehicles 2024-11-01 2025-10-31 08748147 2023-11-01 2024-10-31 08748147 core:LandBuildings core:OwnedOrFreeholdAssets 2024-10-31 08748147 core:PlantMachinery 2024-10-31 08748147 core:FurnitureFittings 2024-10-31 08748147 core:ComputerEquipment 2024-10-31 08748147 core:MotorVehicles 2024-10-31 08748147 2024-10-31 08748147 bus:OrdinaryShareClass1 2024-11-01 2025-10-31 08748147 bus:OrdinaryShareClass2 2024-11-01 2025-10-31 08748147 bus:OrdinaryShareClass3 2024-11-01 2025-10-31 08748147 bus:OrdinaryShareClass4 2024-11-01 2025-10-31 08748147 bus:OrdinaryShareClass5 2024-11-01 2025-10-31 08748147 bus:OrdinaryShareClass1 2025-10-31 08748147 bus:OrdinaryShareClass1 2024-10-31 08748147 bus:OrdinaryShareClass2 2025-10-31 08748147 bus:OrdinaryShareClass2 2024-10-31 08748147 bus:OrdinaryShareClass3 2025-10-31 08748147 bus:OrdinaryShareClass3 2024-10-31 08748147 bus:OrdinaryShareClass4 2025-10-31 08748147 bus:OrdinaryShareClass4 2024-10-31 08748147 bus:OrdinaryShareClass5 2025-10-31 08748147 bus:OrdinaryShareClass5 2024-10-31 08748147 bus:AllOrdinaryShares 2025-10-31 08748147 bus:AllOrdinaryShares 2024-10-31 08748147 bus:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 08748147 bus:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 08748147 bus:FRS102 2024-11-01 2025-10-31 08748147 bus:AuditExemptWithAccountantsReport 2024-11-01 2025-10-31 08748147 bus:Director1 2024-11-01 2025-10-31 08748147 bus:Director3 2024-11-01 2025-10-31 08748147 bus:Director4 2024-11-01 2025-10-31 08748147 bus:FullAccounts 2024-11-01 2025-10-31 xbrli:pure xbrli:shares iso4217:GBP