REGISTERED NUMBER: 00356917 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 30TH SEPTEMBER 2025

FOR

CHUTE FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

J Sykes

J Sykes

REGISTERED OFFICE:

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

REGISTERED NUMBER:

00356917 (England and Wales)

ACCOUNTANTS:

Martin and Company

25 St Thomas Street

Winchester

Hampshire

SO23 9HJ

BANKERS:

Barclays Bank plc

5 High Street

Andover

Hampshire

SP10 1LN

FIXED ASSETS

Tangible assets

4

1,351,460

1,424,200

Investments

5

631,643

635,577

1,983,103

2,059,777

CURRENT ASSETS

Stocks

372,936

429,890

Debtors

6

49,057

99,609

Cash at bank

1,312,348

1,037,739

1,734,341

1,567,238

CREDITORS

Amounts falling due within one year

7

262,447

195,912

NET CURRENT ASSETS

1,471,894

1,371,326

TOTAL ASSETS LESS CURRENT LIABILITIES

3,454,997

3,431,103

PROVISIONS FOR LIABILITIES

38,784

62,597

NET ASSETS

3,416,213

3,368,506

CAPITAL AND RESERVES

Called up share capital

40,000

40,000

Other reserves

7,577

7,577

Retained earnings

3,368,636

3,320,929

SHAREHOLDERS' FUNDS

3,416,213

3,368,506

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 30th September 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 30th September 2025 in accordance with Section 476 of the Companies Act 2006.

The directors acknowledge their responsibilities for:

(a)	ensuring that the company keeps accounting records which comply with Sections 386 and 387 of the Companies Act 2006 and

(b)

preparing financial statements which give a true and fair view of the state of affairs of the company as at the end of each financial year and of its profit or loss for each financial year in accordance with the requirements of Sections 394 and 395 and which otherwise comply with the requirements of the Companies Act 2006 relating to financial statements, so far as applicable to the company.

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

In accordance with Section 444 of the Companies Act 2006, the Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 22nd June 2026 and were signed on its behalf by:

J Sykes - Director

1.	STATUTORY INFORMATION

Chute Farms Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address can be found on the Company Information page.

2.	ACCOUNTING POLICIES

Basis of preparing the financial statements

These financial statements have been prepared in accordance with Financial Reporting Standard 102 "The Financial Reporting Standard applicable in the UK and Republic of Ireland" including the provisions of Section 1A "Small Entities" and the Companies Act 2006. The financial statements have been prepared under the historical cost convention.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Freehold property

-

20% on reducing balance

Plant and machinery

-

20% on reducing balance

Tractors and combines

-

20% on reducing balance

Motor vehicles

-

20% on reducing balance

Stocks

Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Income Statement, except to the extent that it relates to items recognised in other comprehensive income or directly in equity.

Current or deferred taxation assets and liabilities are not discounted.

Current tax is recognised at the amount of tax payable using the tax rates and laws that have been enacted or substantively enacted by the balance sheet date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the balance sheet date.

Timing differences arise from the inclusion of income and expenses in tax assessments in periods different from those in which they are recognised in financial statements. Deferred tax is measured using tax rates and laws that have been enacted or substantively enacted by the year end and that are expected to apply to the reversal of the timing difference.

Unrelieved tax losses and other deferred tax assets are recognised only to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits.

Hire purchase and leasing commitments

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

Pension costs and other post-retirement benefits

The company operates a defined contribution pension scheme. Contributions payable to the company's pension scheme are charged to profit or loss in the period to which they relate.

Investments

Investments are stated at cost less any provision for diminution in value.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Tractors

Freehold

Plant and

and

Motor

property

machinery

combines

vehicles

Totals

£

£

£

£

£

COST

At 1st October 2024

1,483,099

437,087

336,746

17,891

2,274,823

Additions

-

29,869

-

-

29,869

Disposals

-

(50,957

)

(25,500

)

-

(76,457

)

At 30th September 2025

1,483,099

415,999

311,246

17,891

2,228,235

DEPRECIATION

At 1st October 2024

343,988

333,969

156,633

16,033

850,623

Charge for year

6,578

14,511

32,759

372

54,220

Eliminated on disposal

-

(18,888

)

(9,180

)

-

(28,068

)

At 30th September 2025

350,566

329,592

180,212

16,405

876,775

NET BOOK VALUE

At 30th September 2025

1,132,533

86,407

131,034

1,486

1,351,460

At 30th September 2024

1,139,111

103,118

180,113

1,858

1,424,200

5.	FIXED ASSET INVESTMENTS

2025

2024

£

£

Other investments not loans

631,643

635,577

Additional information is as follows:

Other

investments

£

COST

At 1st October 2024

626,373

Additions

269,087

Disposals

(273,021

)

At 30th September 2025

622,439

NET BOOK VALUE

At 30th September 2025

622,439

At 30th September 2024

626,373

Investments (neither listed nor unlisted) were as follows:

2025

2024

£

£

Trade investments

9,204

9,204

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

41,850

40,902

Other debtors

7,207

58,707

49,057

99,609

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

156,129

121,563

Taxation and social security

38,994

33,293

Other creditors

67,324

41,056

262,447

195,912