Company No: 07892555 (England and Wales)

Contents

• Company Information
• Balance Sheet
• Notes to the Financial Statements

DIRECTORS	F Baldwin
	H Lloyd -Bisley (Resigned 01 April 2026)
	K N Pace (Appointed 01 October 2025)

REGISTERED OFFICE	Delta Court Blacknest Industrial Estate
	Blacknest Road
	Alton
	GU34 4PX
	United Kingdom

COMPANY NUMBER

07892555 (England and Wales)

ACCOUNTANT	Shaw Gibbs Limited
	Wey Court West
	Union Road
	Farnham
	Surrey
	GU9 7PT

	Note	2025		2024
		£		£
Fixed assets
Tangible assets	3	142,643		142,959
		142,643		142,959
Current assets
Stocks	4	1,356,361		1,202,519
Debtors	5	136,026		209,529
Cash at bank and in hand	6	104,617		141,570
		1,597,004		1,553,618
Creditors: amounts falling due within one year	7	( 306,181)		( 336,169)
Net current assets		1,290,823		1,217,449
Total assets less current liabilities		1,433,466		1,360,408
Creditors: amounts falling due after more than one year	8	0		( 20,698)
Net assets		1,433,466		1,339,710
Capital and reserves
Called-up share capital	9	5,000		5,000
Profit and loss account		1,428,466		1,334,710
Total shareholders' funds		1,433,466		1,339,710

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.

Directors' responsibilities:

• The members have not required the Company to obtain an audit of its financial statements for the financial year 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; 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements of Farm Tech Supplies Ltd (registered number: 07892555) were approved and authorised for issue by the Board of Directors on 21 May 2026. They were signed on its behalf by:

F Baldwin 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

Farm Tech Supplies Ltd (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 Delta Court Blacknest Industrial Estate, Blacknest Road, Alton, GU34 4PX, 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 £.

Foreign currency

Transactions in foreign currencies are recorded at the rate of exchange at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies at the Balance Sheet date are reported at the rates of exchange prevailing at that date.

Exchange differences are recognised in the Statement of Income and Retained Earnings in the period in which they arise except for exchange differences arising on gains or losses on non-monetary items which are recognised in the Statement of Comprehensive Income.

Turnover

Turnover is recognised at the fair value of the consideration received or receivable for goods and services provided in the normal course of business, and is shown net of VAT and other sales related taxes. The fair value of consideration takes into account trade discounts, settlement discounts and volume rebates.

Turnover is recognised when the significant risks and rewards are considered to have been transferred to the customer.

Tangible fixed assets

Tangible fixed assets are stated at cost or valuation, net of depreciation and any provision for impairment. 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	5 years straight line
Plant and machinery	5 years straight line
Vehicles	5 years straight line
Fixtures and fittings	5 years straight line

Depreciation methods, useful lives and residual values are reviewed at each balance sheet date. The selection of these residual values and estimated lives requires the exercise of judgement. The directors are required to assess whether there is an indication of impairment to the carrying value of assets. In making that assessment, judgements are made in estimating value in use. The directors consider that the individual carrying values of assets are supportable by their value in use.

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.

Impairment of assets

Assets, other than those measured at fair value, are assessed for indicators of impairment at each Balance Sheet date. If there is objective evidence of impairment, an impairment loss is recognised in the Statement of Income and Retained Earnings as described below.

Stocks

Stocks are stated at the lower of cost and estimated selling price less costs to sell, which is equivalent to the net realisable value. Cost includes materials, direct labour and an attributable proportion of manufacturing overheads based on normal levels of activity. Cost is calculated using the FIFO (first-in, first-out) method. Provision is made for obsolete, slow-moving or defective items where appropriate.

At each reporting date, an assessment is made for impairment. Any excess of the carrying amount of stocks over its estimated selling price less costs to complete and sell is recognised as an impairment loss in profit or loss. Reversals of impairment losses are also recognised in profit or loss.

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).

2. Employees

	2025		2024
	Number		Number
Monthly average number of persons employed by the Company during the year, including directors	14		12

3. Tangible assets

	Leasehold improve- ments		Plant and machinery		Vehicles		Fixtures and fittings		Total
	£		£		£		£		£
Cost
At 01 January 2025	14,112		33,728		189,805		36,043		273,688
Additions	11,130		14,113		26,536		51,333		103,112
Disposals	0		0		( 31,495)		( 23,897)		( 55,392)
At 31 December 2025	25,242		47,841		184,846		63,479		321,408
Accumulated depreciation
At 01 January 2025	3,830		17,963		83,032		25,904		130,729
Charge for the financial year	4,375		7,633		37,871		14,797		64,676
Disposals	0		0		( 13,144)		( 3,496)		( 16,640)
At 31 December 2025	8,205		25,596		107,759		37,205		178,765
Net book value
At 31 December 2025	17,037		22,245		77,087		26,274		142,643
At 31 December 2024	10,282		15,765		106,773		10,139		142,959

4. Stocks

	2025		2024
	£		£
Stocks	1,356,361		1,202,519

5. Debtors

	2025		2024
	£		£
Trade debtors	60,747		190,926
Prepayments	73,779		14,403
Other debtors	1,500		4,200
	136,026		209,529

6. Cash and cash equivalents

	2025		2024
	£		£
Cash at bank and in hand	104,617		141,570

7. Creditors: amounts falling due within one year

	2025		2024
	£		£
Bank loans	20,011		40,000
Trade creditors	133,657		137,362
Amounts owed to directors	80,000		0
Accruals	5,096		77,403
Taxation and social security	65,678		79,527
Other creditors	1,739		1,877
	306,181		336,169

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

	2025		2024
	£		£
Bank loans	0		20,698

There are no amounts included above in respect of which any security has been given by the small entity.

9. Called-up share capital

	2025		2024
	£		£
Allotted, called-up and fully-paid
5,000 Ordinary shares of £ 1.00 each	5,000		5,000