REGISTERED NUMBER: 08196743 (England and Wales)

FINANCIAL STATEMENTS FOR THE YEAR ENDED 30 SEPTEMBER 2025

FOR

BERKSWELL RECYCLING LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTORS:

P H Thornton

G Longmuir

REGISTERED OFFICE:

Rosedale Nursery College Road

Hextable

Swanley

BR8 7LT

REGISTERED NUMBER:

08196743 (England and Wales)

AUDITORS:

D.R.E. & Co. (Audit) Limited

7 Lower Brook Street

Oswestry

Shropshire

SY11 2HG

FIXED ASSETS

Tangible assets

5

1,796,676

1,462,541

CURRENT ASSETS

Debtors

6

246,138

231,631

Cash at bank

180,940

33,643

427,078

265,274

CREDITORS

Amounts falling due within one year

7

267,124

144,410

NET CURRENT ASSETS

159,954

120,864

TOTAL ASSETS LESS CURRENT LIABILITIES

1,956,630

1,583,405

CREDITORS

Amounts falling due after more than one year

8

(615,093

)

(288,233

)

PROVISIONS FOR LIABILITIES

(36,834

)

(10,539

)

NET ASSETS

1,304,703

1,284,633

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

1,304,603

1,284,533

1,304,703

1,284,633

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 17 June 2026 and were signed on its behalf by:

G Longmuir - Director

1.	STATUTORY INFORMATION

Berkswell Recycling 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.	STATEMENT OF COMPLIANCE

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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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

These financial statements are for the individual entity only.

The financial statements are presented in Sterling (£), rounded to the nearest £1.

Going Concern

The financial statements have been prepared on a going concern basis as the directors are of the opinion that the Company will be able to pay its liabilities as and when they fall due.

The directors have reached this conclusion after assessing the Company's future cash and funding requirements along with budgets and medium term plans.

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.

Improvements to property

-

2% on cost

Plant and machinery

-

25% on reducing balance

Fixtures and fittings

-

25% on reducing balance

The depreciation rate for fixtures & fittings and Plant & machinery changed from 33% straight line to 25% reducing balance on the 1 October 2024. The effect of this change has been reflected in the results for the year.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2024 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

Totals

£

£

£

£

COST

At 1 October 2024

1,445,402

75,300

14,529

1,535,231

Additions

-

383,462

-

383,462

At 30 September 2025

1,445,402

458,762

14,529

1,918,693

DEPRECIATION

At 1 October 2024

57,816

10,785

4,089

72,690

Charge for year

28,908

17,809

2,610

49,327

At 30 September 2025

86,724

28,594

6,699

122,017

NET BOOK VALUE

At 30 September 2025

1,358,678

430,168

7,830

1,796,676

At 30 September 2024

1,387,586

64,515

10,440

1,462,541

Included within the above are assets held under hire purchase agreements.

Assets held on such agreements include plant and machinery with a carrying value of £118,188 (2024: £59,112) and depreciation charges for the year of £24,333 (2024: £8,409).

These assets are secured against the respective liabilities which are reported in the parent company, Freeland Horticulture Limited.

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Trade debtors

124,949

148,717

Other debtors

5,750

-

Amounts owed by group undertaking

19,470

26,451

VAT

40,366

-

Prepayments and accrued income

55,603

56,463

246,138

231,631

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts (see note 9)

110,740

-

Trade creditors

115,946

97,425

Social security and other taxes

6,285

3,845

VAT

-

22,505

Other creditors

1,115

830

Amounts owed to group undertakings

13,078

-

Accruals and deferred income

19,960

19,805

267,124

144,410

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

30.9.25

30.9.24

£

£

Hire purchase contracts (see note 9)

216,860

-

Amounts owed to group

undertaking

398,233

288,233

615,093

288,233

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

30.9.25

30.9.24

£

£

Net obligations repayable:

Within one year

110,740

-

Between one and five years

216,860

-

327,600

-

Non-cancellable

operating leases

30.9.25

30.9.24

£

£

Within one year

150,000

127,500

Between one and five years

600,000

600,000

In more than five years

450,000

562,500

1,200,000

1,290,000

10.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Aled Davies FCCA (Senior Statutory Auditor)

for and on behalf of D.R.E. & Co. (Audit) Limited

11.	RELATED PARTY DISCLOSURES

The company has taken advantage of exemption, under the terms of Financial Reporting Standard 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland', not to disclose related party transactions with wholly owned subsidiaries within the group.

During the current year transactions occurred between Berkswell Recycling Limited and other related parties, details of these transactions are as follows:-

2025

2024

£

£

Purchases from related parties

3,000

40,000

The company is subject to cross guarantee agreement with Barclays Bank PLC. In this agreement are, Freeland (UK) Limited, Freeland Horticulture Limited and Berkswell Recycling Limited. There is no liability at the year end.

The immediate parent company is Freeland Horticulture Limited. Freeland (UK) Limited is the ultimate parent of the group for which consolidated financial statements are prepared, which include Berkswell Recycling Ltd. The registered office of the immediate parent company is the same as that of Berkswell Recycling Ltd. Group accounts are freely available from Companies House.

12.	ULTIMATE CONTROLLING PARTY

The ultimate parent company is Freeland (UK) Limited, a company registered in England and Wales, by way of its majority shareholding in the parent company. No one person as ultimate control.