Company No: 14949891 (England and Wales)

Contents

• Balance Sheet
• Notes to the Financial Statements

	Note	30.09.2025		30.06.2024
		£		£
Fixed assets
Tangible assets	3	60,652		0
Investments	4	100		100
		60,752		100
Current assets
Debtors	5	70,922		0
Cash at bank and in hand		1,708,082		1,549
		1,779,004		1,549
Creditors: amounts falling due within one year	6	( 501,429)		( 2,850)
Net current assets/(liabilities)		1,277,575		(1,301)
Total assets less current liabilities		1,338,327		(1,201)
Provision for liabilities		( 15,163)		0
Net assets/(liabilities)		1,323,164		( 1,201)
Capital and reserves
Called-up share capital	7	100		100
Profit and loss account		1,323,064		( 1,301 )
Total shareholder's funds/(deficit)		1,323,164		( 1,201)

For the financial period ending 30 September 2025 the Company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.

Director's responsibilities:

• The member has not required the Company to obtain an audit of its financial statements for the financial period in accordance with section 476;
• The director acknowledges 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 Profit and Loss Account has not been delivered.

The financial statements of SJG Investments (South West) Ltd (registered number: 14949891) were approved and authorised for issue by the Director on 25 March 2026. They were signed on its behalf by:

Mr S J Godfrey Director

1. Accounting policies

The principal accounting policies are summarised below. They have all been applied consistently throughout the financial period and to the preceding financial period, unless otherwise stated.

General information and basis of accounting

SJG Investments (South West) 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 10 Batts Park, Taunton, TA1 4RE, 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 £.

Going concern

The director has assessed the Balance Sheet and likely future cash flows at the date of approving these financial statements. The director has a reasonable expectation that the Company has adequate resources to continue in operational existence and to meet its financial obligations as they fall due for at least 12 months from the date of signing these financial statements. Accordingly, they continue to adopt the going concern basis in preparing the financial statements.

Reporting period length

The company has changed its financial year-end from 30 June to 30 September. Consequently, these financial statements cover an 15-month period from 1 July 2024 to 30 September 2025. As a result, the comparative amounts shown for the profit and loss account, balance sheet, and related notes are not entirely comparable to the current period, as they relate to a period just less than 12 months ended 30 June 2024.

Turnover

Turnover is stated net of VAT and trade discounts and is recognised when the significant risks and rewards are considered to have been transferred to the buyer.

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.

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, reducing balance] basis over its expected useful life, as follows:

Vehicles	25 % reducing balance
Office equipment	3 years straight line

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.

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 Profit and Loss Account as described below.

Financial instruments

Financial assets and financial liabilities are recognised when the Company becomes a party to the contractual provisions of the instrument.

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.

Financial assets and liabilities are only offset in the Balance Sheet when, and only when there exists a legally enforceable right to set off the recognised amounts and the Company intends either to settle on a net basis, or to realise the asset and settle the liability simultaneously.

Investments
Investments in equity shares which are publicly traded or where the fair value can be measured reliably are initially measured at fair value, with changes in fair value recognised in profit or loss. Investments in equity shares which are not publicly traded and where fair value cannot be measure reliably are measured at cost less impairment. Interest income on debt securities, where applicable, is recognised in income using the effective interest method. Dividends on equity securities are recognised in income when receivable.

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.

2. Employees

	Period from 01.07.2024 to 30.09.2025		Period from 21.06.2023 to 30.06.2024
	Number		Number
Monthly average number of persons employed by the Company during the period, including the director	2		1

3. Tangible assets

	Vehicles		Office equipment		Total
	£		£		£
Cost
At 01 July 2024	0		0		0
Additions	58,255		2,397		60,652
At 30 September 2025	58,255		2,397		60,652
Accumulated depreciation
At 01 July 2024	0		0		0
At 30 September 2025	0		0		0
Net book value
At 30 September 2025	58,255		2,397		60,652
At 30 June 2024	0		0		0

4. Fixed asset investments

Investments in subsidiaries

	30.09.2025
	£
Cost
At 01 July 2024	100
At 30 September 2025	100
Carrying value at 30 September 2025	100
Carrying value at 30 June 2024	100

Investments in shares

Name of entity	Registered office	Principal activity	Class of shares	Ownership 30.09.2025	Held
RES Agri (Holdings) Limited	Ground Floor Blackbrook Gate 1, Blackbrook Business Park, Taunton, Somerset, United Kingdom, TA1 2PX	Activities of other holding companies not elsewhere classified	Ordinary	33.33%	Direct

5. Debtors

	30.09.2025		30.06.2024
	£		£
VAT recoverable	10,922		0
Other debtors	60,000		0
	70,922		0

6. Creditors: amounts falling due within one year

	30.09.2025		30.06.2024
	£		£
Amounts owed to director	3,264		1,900
Accruals	2,150		850
Taxation and social security	426,009		0
Other creditors	70,006		100
	501,429		2,850

7. Called-up share capital

	30.09.2025		30.06.2024
	£		£
Allotted, called-up and fully-paid
100 Ordinary shares of £ 1.00 each	100		100