Silverfin false false 30/09/2025 01/10/2024 30/09/2025 E M S Williams P A Williams 27/02/2024 P E Williams 27/02/2024 22 May 2026 The principal activity of the company is farming within the United Kingdom. The company farms in partnership with E M S Williams (director), P A Williams and P E Williams trading under the name of East Farm Fovant Partnership. The company's share of partnership profit and losses for the year have been consolidated into these accounts using the single line equity method. 00702956 2025-09-30 00702956 bus:Director2 2025-09-30 00702956 bus:Director3 2025-09-30 00702956 2024-09-30 00702956 core:CurrentFinancialInstruments 2025-09-30 00702956 core:CurrentFinancialInstruments 2024-09-30 00702956 core:ShareCapital 2025-09-30 00702956 core:ShareCapital 2024-09-30 00702956 core:RevaluationReserve 2025-09-30 00702956 core:RevaluationReserve 2024-09-30 00702956 core:RetainedEarningsAccumulatedLosses 2025-09-30 00702956 core:RetainedEarningsAccumulatedLosses 2024-09-30 00702956 core:LandBuildings 2024-09-30 00702956 core:LandBuildings 2025-09-30 00702956 2024-10-01 2025-09-30 00702956 bus:FilletedAccounts 2024-10-01 2025-09-30 00702956 bus:SmallEntities 2024-10-01 2025-09-30 00702956 bus:AuditExemptWithAccountantsReport 2024-10-01 2025-09-30 00702956 bus:PrivateLimitedCompanyLtd 2024-10-01 2025-09-30 00702956 bus:Director1 2024-10-01 2025-09-30 00702956 bus:Director2 2024-10-01 2025-09-30 00702956 bus:Director3 2024-10-01 2025-09-30 00702956 2023-10-01 2024-09-30 iso4217:GBP xbrli:pure

Company No: 00702956 (England and Wales)

# M J S WILLIAMS LIMITED

### Unaudited Financial Statements
For the financial year ended 30 September 2025
Pages for filing with the registrar

M J S WILLIAMS LIMITED

## Unaudited Financial Statements

For the financial year ended 30 September 2025

Contents

M J S WILLIAMS LIMITED

## BALANCE SHEET

As at 30 September 2025
M J S WILLIAMS LIMITED

## BALANCE SHEET (continued)

As at 30 September 2025

| Note | 2025 |  | 2024
|  | £ |  | £
Fixed assets |  |  |  |
Tangible assets | 3 | 2,323,483 |  | 2,323,483
|  | 2,323,483 |  | 2,323,483
Current assets |  |  |  |
Debtors | 4 | 624,737 |  | 597,684
Cash at bank and in hand |  | 6,355 |  | 2,464
|  | 631,092 |  | 600,148
Creditors: amounts falling due within one year | 5 | ( 5,775) |  | ( 24,686)
Net current assets |  | 625,317 |  | 575,462
Total assets less current liabilities |  | 2,948,800 |  | 2,898,945
Net assets |  | 2,948,800 |  | 2,898,945
Capital and reserves |  |  |  |
Called-up share capital |  | 100 |  | 100
Revaluation reserve |  | 1,364,451 |  | 1,364,451
Profit and loss account |  | 1,584,249 |  | 1,534,394
Total shareholders' funds |  | 2,948,800 |  | 2,898,945

For the financial year ending 30 September 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 Profit and Loss Account has not been delivered.

The financial statements of M J S Williams Limited (registered number: 00702956) were approved and authorised for issue by the Board of Directors on 22 May 2026. They were signed on its behalf by:

E M S Williams Director |

M J S WILLIAMS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 2025
M J S WILLIAMS LIMITED

## NOTES TO THE FINANCIAL STATEMENTS

For the financial year ended 30 September 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

M J S Williams 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 Chalkhills East Farm, Fovant, Salisbury, Wiltshire, SP3 5JD, United Kingdom. The principal place of business is The Firs, East farm, Fovant, Salisbury, SP3 5JD.
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 £.

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

Land and buildings | not depreciated

##### 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.

Basic financial assets
Basic financial assets receivable within one year, such as trade debtors and bank balances, are measured at transaction price less any impairment.
Basic financial assets receivable within more than one year are measured at amortised cost less any impairment.

Financial assets are derecognised when and only when the contractual rights to the cash flows from the financial asset expire or are settled, or the Company transfers to another party substantially all of the risks and rewards of ownership of the financial asset, or the Company, despite having retained some, but not all, significant risks and rewards of ownership, has transferred control of the asset to another party.

Basic financial liabilities
Basic financial liabilities that have no stated interest rate and are payable within one year, such as trade creditors, are measured at transaction price.
Other basic financial liabilities are measured at amortised cost.

Financial liabilities are derecognised when the Company's contractual obligations expire or are discharged or cancelled.

Equity instruments
Equity instruments issued by the Company are recorded at the fair value of cash or other resources received or receivable, net of direct issue costs. If payment is deferred and the time value of money is material, the initial measurement is on a present value basis. Dividends payable on equity instruments are recognised as liabilities once they are no longer at the discretion of the Company.

#### 2. Employees

| 2025 |  | 2024
| Number |  | Number
Monthly average number of persons employed by the Company during the year, including directors | 3 |  | 3

#### 3. Tangible assets

| Land and buildings |  | Total
| £ |  | £
Cost |  |  |
At 01 October 2024 | 2,359,483 |  | 2,359,483
At 30 September 2025 | 2,359,483 |  | 2,359,483
Accumulated depreciation |  |  |
At 01 October 2024 | 36,000 |  | 36,000
At 30 September 2025 | 36,000 |  | 36,000
Net book value |  |  |
At 30 September 2025 | 2,323,483 |  | 2,323,483
At 30 September 2024 | 2,323,483 |  | 2,323,483

Included within the net book value of land and buildings above is £2,323,483 (2024 - £2,323,483) in respect of freehold land and buildings.

#### 4. Debtors

| 2025 |  | 2024
| £ |  | £
Amounts owed by Group undertakings | 624,737 |  | 597,684

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

| 2025 |  | 2024
| £ |  | £
Taxation and social security | 5,775 |  | 24,686

#### 6. Financial commitments

Commitments

The total amount of financial commitments not included in the balance sheet is £911,608 (2024 - £547,989). These commitments are bank loans and overdraft in the associated undertaking East Farm Fovant Partnership that are secured by legal charges over freehold property owned by the company.

#### 7. Loans to related parties

Other related parties

| 2025 |  | 2024
| £ |  | £
At start of period | 597,684 |  | 558,900
Advanced | 57,286 |  | 115,109
Repaid | (30,233) |  | (76,325)
| 624,737 |  | 597,684

Terms of loans to related parties

Loans to related parties represents the company's working capital investment in East Farm Fovant partnership that is interest- free and payable on demand.