Company registration number 07927240 (England and Wales)
RUSHBROOK FARMS LIMITED
Unaudited Financial Statements
For The Year Ended 31 December 2025
Pages For Filing With Registrar
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Company Information
Directors
J Gwillim
G J Gwillim
A J Gwillim
Secretary
G J Gwillim
Company number
07927240
Registered office
Rushbrook Farm
Pluckley
Ashford
Kent
England
TN27 0SD
Accountants
Chavereys Limited
The Goods Shed
Jubilee Way
Faversham
Kent
England
ME13 8GD
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Contents
Page
Accountants' report
1
Balance sheet
2
Statement of changes in equity
3
Notes to the financial statements
4 - 9
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Accountants' Report To The Board Of Directors On The Preparation Of The Unaudited Statutory Financial Statements Of Rushbrook Farms Limited For The Year Ended 31 December 2025
- 1 -

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Rushbrook Farms Limited for the year ended 31 December 2025 which comprise, the balance sheet, the statement of changes in equity and the related notes from the company’s accounting records and from information and explanations you have given us.

As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed at https://www.icaew.com/regulation.

This report is made solely to the b oard of d irectors of Rushbrook Farms Limited, as a body, in accordance with the terms of our engagement letter dated 23 August 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Rushbrook Farms Limited and state those matters that we have agreed to state to the b oard of d irectors of Rushbrook Farms Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16 AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than Rushbrook Farms Limited and its b oard of d irectors as a body, for our work or for this report.

It is your duty to ensure that Rushbrook Farms Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and loss of Rushbrook Farms Limited. You consider that Rushbrook Farms Limited is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Rushbrook Farms Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory f inancial statements.

Chavereys Limited
Chartered Accountants
The Goods Shed
Jubilee Way
Faversham
Kent
ME13 8GD
England
4 June 2026
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Balance Sheet
As At 31 December 2025
- 2 -
2025
2024
Notes
£
£
£
£
Fixed assets
Tangible assets
4
1,357,055
886,713
Current assets
Stocks
7
496,156
422,817
Debtors
6
125,553
185,050
Cash at bank and in hand
16,244
570,350
637,953
1,178,217
Creditors: amounts falling due within one year
7
(243,790)
(88,402)
Net current assets
394,163
1,089,815
Total assets less current liabilities
1,751,218
1,976,528
Provisions for liabilities
(151,676)
(174,447)
Net assets
1,599,542
1,802,081
Capital and reserves
Called up share capital
300
300
Profit and loss reserves
1,599,242
1,801,781
Total equity
1,599,542
1,802,081

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

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

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.

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.

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

The financial statements were approved by the board of directors and authorised for issue on 3 June 2026 and are signed on its behalf by:
G J Gwillim
Director
Company Registration No. 07927240
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Statement Of Changes In Equity
For The Year Ended 31 December 2025
- 3 -
Share capital
Profit and loss reserves
Total
£
£
£
Balance at 1 January 2024
300
1,613,289
1,613,589
Year ended 31 December 2024:
Profit and total comprehensive income
-
248,492
248,492
Dividends
-
(60,000)
(60,000)
Balance at 31 December 2024
300
1,801,781
1,802,081
Year ended 31 December 2025:
Loss and total comprehensive income
-
(22,539)
(22,539)
Dividends
-
(180,000)
(180,000)
Balance at 31 December 2025
300
1,599,242
1,599,542
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Notes To The Financial Statements
For The Year Ended 31 December 2025
- 4 -
1
Accounting policies
Company information

Rushbrook Farms Limited is a private company, limited by shares incorporated in England and Wales.

The company number is 07927240.

The address of the registered office and principal place of business is Rushbrook Farm, Pluckley, Ashford, Kent TN27 0SD.

1.1
Accounting convention

The financial statements have been prepared under the historical cost convention unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

The financial statements are presented in pound sterling and all values are rounded to the nearest pound (£) except where otherwise indicated.

The financial statements have been prepared under the historical cost convention. 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
Turnover

Revenue is recognised to the extent that it is probable that the economic benefits will flow to the company and the revenue can be reliably measured. Revenue comprises the sale of agricultural produce and grain storage services and is measured as the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

1.4
Tangible fixed assets

Tangible fixed assets under the cost model are stated at historical cost less accumulated depreciation and any accumulated impairment losses. Historical cost includes expenditure that is directly attributable to bringing the asset to the location and condition necessary for it to be capable of operating in the manner intended by management.

Depreciation is charged so as to allocate the cost of assets less their residual value over their estimated useful lives.

Depreciation is provided on the following basis:

Tractors
20% reducing balance
Combines
15% reducing balance
Office equipment
25% straight line
Motor vehicles
25% reducing balance
Implements and deadstock
10% reducing balance

The assets' residual values, useful lives and depreciation methods are reviewed, and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposals are determined by comparing the proceeds with the carrying amount and are recognised in the profit and loss account.

Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 31 December 2025
1
Accounting policies
(Continued)
- 5 -
1.5
Stocks

Stocks are valued at the lower of cost and net realisable value, being the estimated selling price less costs to complete and sell, after making due allowance for obsolete and slow-moving stock. Cost includes all direct costs and an appropriate proportion of fixed and variable overheads. Where cost cannot be reliably calculated, deemed cost is used in line with HMRC guidance HS232.

At each balance sheet date, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete and sell. The impairment loss is recognised immediately in the profit and loss account.

1.6
Taxation

The tax charge for the year comprises current and deferred tax. Tax is recognised in the profit and loss account except that a charge attributable to an item of income and expense recognised as other comprehensive income or to an item recognised directly in equity is also recognised in other comprehensive income or directly in equity respectively.

Current tax

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

Deferred tax

Deferred tax balances are recognised in respect of all timing differences that have originated but not reversed by the balance sheet date, except that:

- The recognition of deferred tax assets is limited to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits; and

- Any deferred tax balances are reversed if and when all conditions for retaining associated tax allowances have been met.

Deferred tax balances are not recognised in respect of permanent differences except in respect of business combinations, when deferred tax is recognised on the differences between the fair values of assets acquired and the future tax deductions available for them and the differences between the fair values of liabilities acquired and the amount that will be assessed for tax. Deferred tax is determined using tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

1.7
Leases

Rentals paid under operating leases are charged to the profit and loss account on a straight-line basis over the lease term.

Benefits received and receivable as an incentive to sign an operating lease are recognised on a straight-line basis over the lease term, unless another systematic basis is representative of the time pattern of the lessee's benefit from the use of the leased asset.

1.8
Government grants

Payments received under acrigultural support schemes are recognised as income when the business has met all criteria which entitle it to the payments.

Amounts received under the Basic Payment Scheme are recognised on 31 December in the year of claim. No provision has been made for penalties arising from the failure to comply with 'cross compliance' conditions, as defined by the RPA, except for where notification has been received.

Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 31 December 2025
- 6 -
2
Judgements and key sources of estimation uncertainty

In the application of the company’s accounting policies, the directors are required to make judgements, estimates and assumptions about the carrying amount of assets and liabilities that are not readily apparent from other sources. The estimates and associated assumptions are based on historical experience and other factors that are considered to be relevant. Actual results may differ from these estimates.

The estimates and underlying assumptions are reviewed on an ongoing basis. Revisions to accounting estimates are recognised in the period in which the estimate is revised where the revision affects only that period, or in the period of the revision and future periods where the revision affects both current and future periods.

3
Employees

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

2025
2024
Number
Number
Total
3
3
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 31 December 2025
- 7 -
4
Tangible fixed assets
Freehold land and buildings
Tractors
Combines
Office equipment
Motor vehicles
Implements and deadstock
Total
£
£
£
£
£
£
£
Cost
At 1 January 2025
188,525
393,962
420,000
1,515
71,877
411,331
1,487,210
Additions
410,945
-
0
425,000
-
0
2,000
-
837,945
Disposals
-
0
-
0
(420,000)
-
0
-
0
-
(420,000)
At 31 December 2025
599,470
393,962
425,000
1,515
73,877
411,331
1,905,155
Depreciation and impairment
At 1 January 2025
-
0
203,901
116,550
1,515
35,165
243,366
600,497
Depreciation charged in the year
-
0
38,012
45,518
-
0
9,345
16,796
109,671
Eliminated in respect of disposals
-
0
-
0
(162,068)
-
0
-
0
-
(162,068)
At 31 December 2025
-
0
241,913
-
0
1,515
44,510
260,162
548,100
Carrying amount
At 31 December 2025
599,470
152,049
425,000
-
0
29,367
151,169
1,357,055
At 31 December 2024
188,525
190,061
303,450
-
0
36,712
167,965
886,713
Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 31 December 2025
- 8 -
7
Stocks
2025
2024
£
£
Growing crop
42,362
34,151
Crop in store
375,023
324,193
Consumables
78,771
64,473
496,156
422,817
Biological assets included within stock are as follows:
Biological assets - growing crop
2025
2024
£
£
As at 1 January
34,151
73,358
Net movement on cultivations
8,211
(39,207)
As at 31 December
42,362
34,151
6
Debtors
2025
2024
Amounts falling due within one year:
£
£
Trade debtors
7,015
5,133
Corporation tax recoverable
40,497
40,497
Other debtors
67,177
127,216
Prepayments and accrued income
10,864
12,204
125,553
185,050

Other debtors includes £10,924 (2024: £119,989) due from directors.

7
Creditors: amounts falling due within one year
2025
2024
£
£
Obligations under finance leases
150,000
-
0
Trade creditors
13,361
3,350
Corporation tax
28,664
60,714
Other creditors
21,163
5,775
Accruals and deferred income
30,602
18,563
243,790
88,402

Other creditors include £20,831 (2025: £5,775) due to directors.

Rushbrook Farms Limited
RUSHBROOK FARMS LIMITED
Notes To The Financial Statements (Continued)
For The Year Ended 31 December 2025
- 9 -
8
Deferred taxation

The following are the major deferred tax liabilities and assets recognised by the company and movements thereon:

Liabilities
Liabilities
2025
2024
Balances:
£
£
Accelerated capital allowances
151,676
174,447
2025
Movements in the year:
£
Liability at 1 January 2025
174,447
Credit to profit or loss
(22,771)
Liability at 31 December 2025
151,676
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