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Company No: 00759640 (England and Wales)

# A.W. WARNER & SONS LIMITED

### Unaudited Financial Statements
For the financial year ended 31 October 2025
Pages for filing with the registrar

A.W. WARNER & SONS LIMITED

## Unaudited Financial Statements

For the financial year ended 31 October 2025

Contents

A.W. WARNER & SONS LIMITED

## COMPANY INFORMATION

For the financial year ended 31 October 2025
A.W. WARNER & SONS LIMITED

## COMPANY INFORMATION (continued)

For the financial year ended 31 October 2025

Directors | R A Smith (Appointed 14 July 2025)
| A W Warner
| A H Warner (Resigned 14 July 2025)
| M E Warner

Secretary | R A Smith

Registered office | Guilton Lodge
| Ash
| Canterbury
| CT3 2HS
| United Kingdom

Company number | 00759640 (England and Wales)

Accountant | Kreston Reeves LLP
| Suite 2
| Orchard House
| Orchard Street
| Canterbury
| Kent
| CT2 8AR

## ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A.W. WARNER & SONS LIMITED

For the financial year ended 31 October 2025

## ACCOUNTANTS' REPORT TO THE BOARD OF DIRECTORS ON THE PREPARATION OF
THE UNAUDITED STATUTORY FINANCIAL STATEMENTS OF A.W. WARNER & SONS LIMITED (continued)

For the financial year ended 31 October 2025

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of A.W. Warner & Sons Limited for the financial year ended 31 October 2025 which comprise the Balance Sheet and the related notes 1 to 9 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 www.icaew.com/regulation.

This report is made solely to the Board of Directors of A.W. Warner & Sons Limited, as a body, in accordance with the terms of our engagement letter dated 12 March 2024. Our work has been undertaken solely to prepare for your approval the financial statements of A.W. Warner & Sons Limited and state those matters that we have agreed to state to the Board of Directors of A.W. Warner & Sons 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 A.W. Warner & Sons Limited and its Board of Directors as a body for our work or for this report.

It is your duty to ensure that A.W. Warner & Sons 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 A.W. Warner & Sons Limited. You consider that A.W. Warner & Sons Limited is exempt from the statutory audit requirement for the financial year.

We have not been instructed to carry out an audit or a review of the financial statements of A.W. Warner & Sons 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 financial statements.

Kreston Reeves LLP

Suite 2
Orchard House
Orchard Street
Canterbury
Kent
CT2 8AR

27 May 2026

A.W. WARNER & SONS LIMITED

## BALANCE SHEET

As at 31 October 2025
A.W. WARNER & SONS LIMITED

## BALANCE SHEET (continued)

As at 31 October 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 1,759,763 |  | 1,873,935
|  | 1,759,763 |  | 1,873,935
Current assets |  |  |  |
Stocks | 4 | 187,677 |  | 133,872
Debtors | 5 | 54,179 |  | 70,913
Cash at bank and in hand |  | 1,117,517 |  | 1,099,857
|  | 1,359,373 |  | 1,304,642
Creditors: amounts falling due within one year | 6 | ( 190,718) |  | ( 123,172)
Net current assets |  | 1,168,655 |  | 1,181,470
Total assets less current liabilities |  | 2,928,418 |  | 3,055,405
Creditors: amounts falling due after more than one year |  | 0 |  | ( 79,500)
Provision for liabilities | 7 | ( 140,580) |  | ( 161,326)
Net assets |  | 2,787,838 |  | 2,814,579
Capital and reserves |  |  |  |
Called-up share capital | 8 | 6,500 |  | 6,500
Capital redemption reserve |  | 3,500 |  | 3,500
Profit and loss account |  | 2,777,838 |  | 2,804,579
Total shareholders' funds |  | 2,787,838 |  | 2,814,579

For the financial year ending 31 October 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 A.W. Warner & Sons Limited (registered number: 00759640) were approved and authorised for issue by the Board of Directors on 27 May 2026. They were signed on its behalf by:

A W Warner Director |

A.W. WARNER & SONS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025
A.W. WARNER & SONS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 31 October 2025

##### 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

A.W. Warner & Sons Limited (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 Guilton Lodge,, Ash,, Canterbury,, CT3 2HS, United Kingdom.
The financial statements have been prepared under the historical cost convention, modified to include the revaluation of freehold properties and to include investment properties and 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 £.

##### 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.

##### Interest income

Interest income is recognised when it is probable that the economic benefits will flow to the Company and the amount of revenue can be measured reliably. Interest income is accrued on a time basis, by reference to the principal outstanding at the effective interest rate applicable, which is the rate that exactly discounts estimated future cash receipts through the expected life of the financial asset to that asset's net carrying amount on initial recognition.

##### Employee benefits

Defined contribution schemes
The Company operates a defined contribution scheme. The amount charged to the Statement of Income and Retained Earnings in respect of pension costs and other post-retirement benefits is the contributions payable in the financial year. Differences between contributions payable in the financial year and contributions actually paid are included as either accruals or prepayments in the Balance Sheet.

##### Taxation

Current tax
Current tax is provided at amounts expected to be paid (or recoverable) using the tax rates and laws that have been enacted or substantively enacted at the Balance Sheet date.
Deferred tax
Deferred tax arises as a result of including items of income and expenditure in taxation computations in periods different from those in which they are included in the Company's financial statements. Deferred tax is provided in full on timing differences which result in an obligation to pay more or less tax at a future date, at the average tax rates that are expected to apply when the timing differences reverse, based on current tax rates and laws. Deferred tax assets and liabilities are not discounted.
The carrying amount of deferred tax assets are reviewed at each reporting date and a valuation allowance is set up against deferred tax assets so that the net carrying amount equals the highest amount that is more likely than not to be recovered based on current or future taxable profit.

##### 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:

Land and buildings | 50 years straight line
Other property, plant and equipment | 15 - 25 % reducing balance

Residual value represents the estimated amount which would currently be obtained from disposal of an asset, after deducting estimated costs of disposal, if the asset were already of the age and in the condition expected at the end of its useful life.
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.

##### Borrowing costs

Borrowing costs that are directly attributable to acquisition, construction or production of qualifying assets, are capitalised as part of the cost of those assets. Capitalisation begins when both finance costs and expenditures for the asset are being incurred and activities that are necessary to get the asset ready for use are in progress. Capitalisation ceases when substantially all the activities that are necessary to get the asset ready for use are complete.
All other borrowing costs are recognised in profit or loss in the period in which they are incurred.

##### Leases

The Company as lessee
Assets held under finance leases, hire purchase contracts and other similar arrangements, which confer rights and obligations similar to those attached to owned assets, are capitalised as tangible fixed assets at the fair value of the leased asset (or, if lower, the present value of the minimum lease payments as determined at the inception of the lease) and are depreciated over the shorter of the lease terms and their useful lives. The capital elements of future lease obligations are recorded as liabilities, while the interest elements are charged to the Statement of Income and Retained Earnings over the period of the leases to produce a constant periodic rate of interest on the remaining balance of the liability.
Rentals under operating leases are charged on a straight-line basis over the lease term, even if the payments are not made on such a basis. Benefits received and receivable as an incentive to sign an operating lease are similarly spread on a straight-line basis over the lease term.

##### 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.

##### Trade and other debtors

Trade and other debtors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest method less impairment losses for bad and doubtful debts, except where the effect of discounting would be immaterial. In such cases the receivables are stated at cost less impairment losses for bad and doubtful debts.

##### 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 creditors: amounts falling due within one year.

##### Trade and other creditors

Trade and other creditors are initially recognised at fair value and thereafter stated at amortised cost using the effective interest rate method, unless the effect of discounting would be immaterial, in which case they are stated at cost.

##### 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).
When some or all of the economic benefits required to settle a provision are expected to be recovered from a third party, a receivable is recognised as an asset if it is virtually certain that reimbursement will be received and the amount of the receivable can be measured reliably.

##### Basic Payment Scheme

BPS payments are included in these financial statements in proportion to the element of the claim year falling within the accounting period. No entitlement is included where the claim was not completed within the accounting period.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 6 |  | 6

#### 3. Tangible assets

| Land and buildings |  | Other property, plant and equipment |  | Total
| £ |  | £ |  | £
Cost |  |  |  |  |
At 01 November 2024 | 1,277,754 |  | 1,504,881 |  | 2,782,635
Additions | 0 |  | 5,955 |  | 5,955
At 31 October 2025 | 1,277,754 |  | 1,510,836 |  | 2,788,590
Accumulated depreciation |  |  |  |  |
At 01 November 2024 | 75,287 |  | 833,413 |  | 908,700
Charge for the financial year | 5,024 |  | 115,103 |  | 120,127
At 31 October 2025 | 80,311 |  | 948,516 |  | 1,028,827
Net book value |  |  |  |  |
At 31 October 2025 | 1,197,443 |  | 562,320 |  | 1,759,763
At 31 October 2024 | 1,202,467 |  | 671,468 |  | 1,873,935

Included in land and buildings is freehold property at cost of £1,032,804 (2024: £1,032,804) which is not depreciated

#### 4. Stocks

| 2025 |  | 2024
| £ |  | £
Stocks | 13,786 |  | 15,429
Crops | 54,090 |  | 51,150
Other stock | 119,801 |  | 67,293
| 187,677 |  | 133,872

#### 5. Debtors

| 2025 |  | 2024
| £ |  | £
Trade debtors | 14,210 |  | 33,073
Prepayments | 33,246 |  | 35,675
Other debtors | 6,723 |  | 2,165
| 54,179 |  | 70,913

#### 6. Creditors: amounts falling due within one year

| 2025 |  | 2024
| £ |  | £
Trade creditors | 77,120 |  | 41,472
Taxation and social security | 11,661 |  | 2,985
Obligations under finance leases and hire purchase contracts | 79,500 |  | 59,660
Other creditors | 22,437 |  | 19,055
| 190,718 |  | 123,172

#### 7. Provision for liabilities

| 2025 |  | 2024
| £ |  | £
Deferred tax | 140,580 |  | 161,326

| Deferred taxation |  | Total
| £ |  | £
At 01 November 2024 | 161,326 |  | 161,326
Credited to the Statement of Income and Retained Earnings | ( 20,746) |  | ( 20,746)
At 31 October 2025 | 140,580 |  | 140,580

The provision for deferred taxation is made up as follows:

Deferred tax

| 2025 |  | 2024
| £ |  | £
Accelerated capital allowances | 140,580 |  | 167,867
Tax losses available | 0 |  | ( 6,541)
Provision for deferred tax | 140,580 |  | 161,326

#### 8. Called-up share capital

| 2025 |  | 2024
| £ |  | £
Allotted, called-up and fully-paid |  |  |
6,500 Ordinary shares of £ 1.00 each | 6,500 |  | 6,500

#### 9. Ultimate controlling party

The company was controlled throughout the current and previous year by its directors. Prior to 14 July 2025 A H Warner and A W Warner had full control of the company by virtue of the fact that between them they own the majority of the company's ordinary share capital. Since 14 July 2025 A W Warner has full control of the company by virtue of his own holdings and executorship of the estate of A H warner.