Registration number: 00842837

Pentney Farms Ltd

Contents

Company Information	1
Statement of financial position	2 to 3
Notes to the Unaudited Financial Statements	4 to 10

Pentney Farms Ltd

Company Information

Directors

Mr R Meyer Mr J Meyer

Company secretary

Mr R Meyer

Registered office

The Rising Sun Abbey Road Pentney Norfolk PE32 1JT

Accountants

Hayhow & Co. Chartered Certified Accountants & Business AdvisersUnit 21 Horsley's Fields Kings Lynn Norfolk PE30 5DD

Pentney Farms Ltd

(Registration number: 00842837)
Statement of financial position as at 31 March 2026

	Note	2026 £	2025 £
Fixed assets
Tangible assets	4	531,779	544,637
Investment property	5	490,000	490,000
Other financial assets	6	3,543	3,543
		1,025,322	1,038,180
Current assets
Stocks	7	131,869	143,897
Debtors	8	4,939	10,048
Cash at bank and in hand		109,942	82,086
		246,750	236,031
Creditors: Amounts falling due within one year	9	(60,282)	(77,981)
Net current assets		186,468	158,050
Total assets less current liabilities		1,211,790	1,196,230
Provisions for liabilities		(52,039)	(55,254)
Net assets		1,159,751	1,140,976
Capital and reserves
Called up share capital	10	100	100
Share premium reserve		117,080	117,080
Capital redemption reserve		285,783	285,783
Retained earnings		756,788	738,013
Shareholders' funds		1,159,751	1,140,976

For the financial year ending 31 March 2026 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 accounts for the year in question in accordance with section 476; and
•	The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies regime. As permitted by section 444 (5A) of the Companies Act 2006, the directors have not delivered to the registrar a copy of the Statement of comprehensive income.

Approved and authorised by the Board on 22 May 2026 and signed on its behalf by:
 

Pentney Farms Ltd

(Registration number: 00842837)
Statement of financial position as at 31 March 2026

......................................... Mr J Meyer Director

Pentney Farms Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

1	General information

The company is a private company limited by share capital, incorporated in England.

The address of its registered office is:
The Rising Sun
Abbey Road
Pentney
Norfolk
PE32 1JT

These financial statements were authorised for issue by the Board on 22 May 2026.

2	Accounting policies

Summary of significant accounting policies and key accounting estimates

The principal accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all the years presented, unless otherwise stated.

Statement of compliance

These financial statements have been prepared in accordance with Financial Reporting Standard 102 Section 1A smaller entities - 'The Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland' and the Companies Act 2006 (as applicable to companies subject to the small companies' regime).

Basis of preparation

These financial statements have been prepared using the historical cost convention except that as disclosed in the accounting policies certain items are shown at fair value.

Revenue recognition

Turnover comprises the fair value of the consideration received or receivable for the sale of goods and provision of 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:
The amount of revenue can be reliably measured;
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.

Tax

The tax expense for the period comprises current and deferred tax. Tax is recognised in profit or loss, 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.

The current income tax charge is calculated on the basis of tax rates and laws that have been enacted or substantively enacted by the reporting date in the countries where the company operates and generates taxable income.

Pentney Farms Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Deferred tax is recognised in respect of all timing differences between taxable profits and profits reported in the financial statements.

Unrelieved tax losses and other deferred tax assets are recognised when 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 and that are expected to apply to the reversal of the timing difference.

Tangible assets

Tangible assets are stated in the statement of financial position at cost, less any subsequent accumulated depreciation and subsequent accumulated impairment losses.

The cost of tangible assets includes directly attributable incremental costs incurred in their acquisition and installation.

Depreciation

Depreciation is charged so as to write off the cost of assets, other than land and properties under construction over their estimated useful lives, as follows:

Asset class	Depreciation method and rate
Electrical installations	10% reducing balance
Plant and machinery	12.5%/25% reducing balance
Motor vehicles	25% reducing balance
Wind turbine	5% straight line

Investment property

Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually by external valuers. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit or loss.

Cash and cash equivalents

Cash and cash equivalents comprise cash on hand and call deposits, and other short-term highly liquid investments that are readily convertible to a known amount of cash and are subject to an insignificant risk of change in value.

Trade debtors

Trade debtors are amounts due from customers for merchandise sold or services performed in the ordinary course of business.

Trade debtors are recognised initially at the transaction price. They are subsequently measured at amortised cost using the effective interest method, less provision for impairment. A provision for the impairment of trade debtors is established when there is objective evidence that the company will not be able to collect all amounts due according to the original terms of the receivables.

Pentney Farms Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to complete and sell. Cost is determined using the first-in, first-out (FIFO) method.

The cost of finished goods and work in progress comprises direct materials and, where applicable, direct labour costs and those overheads that have been incurred in bringing the inventories to their present location and condition. At each reporting date, stocks are assessed for impairment. If stocks are impaired, the carrying amount is reduced to its selling price less costs to complete and sell; the impairment loss is recognised immediately in profit or loss.

Trade creditors

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Accounts payable are classified as current liabilities if the company does not have an unconditional right, at the end of the reporting period, to defer settlement of the creditor for at least twelve months after the reporting date. 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.

Trade creditors are recognised initially at the transaction price and subsequently measured at amortised cost using the effective interest method.

Share capital

Ordinary shares are classified as equity. Equity instruments are measured at the fair value of the cash or other resources received or receivable, net of the direct costs of issuing the equity instruments. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis.

Dividends

Dividend distribution to the company’s shareholders is recognised as a liability in the financial statements in the reporting period in which the dividends are declared.

3	Staff numbers

The average number of persons employed by the company (including directors) during the year, was 2 (2025 - 2).

Pentney Farms Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

5	Investment properties

	2026 £
At 1 April	490,000
At 31 March	490,000

There has been no valuation of investment property by an independent valuer.

Pentney Farms Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

6	Other financial assets (current and non-current)

	Financial assets at cost less impairment £	Total £
Non-current financial assets
Cost or valuation
At 1 April 2025	3,543	3,543
At 31 March 2026	3,543	3,543
Impairment
Carrying amount
At 31 March 2026	3,543	3,543

7

Stocks

	2026 £	2025 £
Raw materials and consumables	11,661	18,685
Merchandise	520	1,360
Work in progress	1,788	252
Finished goods and goods for resale	117,900	123,600
	131,869	143,897

8

Debtors

Current	2026 £	2025 £
Trade debtors	970	600
Prepayments	3,217	8,927
Other debtors	752	521
	4,939	10,048

9

Creditors

Creditors: amounts falling due within one year

Pentney Farms Ltd

Notes to the Unaudited Financial Statements for the Year Ended 31 March 2026

	Note	2026 £	2025 £
Due within one year
Trade creditors		2,020	11,538
Amounts due to related parties		42,171	49,139
Accruals		7,250	7,200
Tax liability		8,841	9,378
Gross amount due to customers for contract work		-	726
		60,282	77,981

10	Share capital

Allotted, called up and fully paid shares

	2026		2025
	No.	£	No.	£
Ordinary A of £1 each	65	65	65	65
Ordinary B of £1 each	25	25	25	25
Ordinary C of £1 each	5	5	5	5
Ordinary D of £1 each	5	5	5	5
	100	100	100	100

Each share is entitled to one vote in any circumstances and each share is also entitled pari passu to dividend payments or any other distribution, including a distribution arising from a winding up of the company.