D & L J Wilson Farming Limited


Directors	D Wilson
	L J Wilson


Registered Address	The Willows Eagle Road
	North Scarle
	Lincoln
	LN6 9EW


Registered Number	11942483 (England and Wales)

Balance Sheet as at
31 January 2026

	Notes	31 Jan 2026		30 Apr 2025
		£	£	£	£
Fixed assets
Tangible assets	3		346,851		387,969
Investment property	4		4,500,000		4,500,000
			4,846,851		4,887,969
Current assets
Debtors	5	11,543		30,221
Cash at bank and on hand		142,743		159,618
		154,286		189,839
Creditors amounts falling due within one year	6	(340,834)		(268,870)
Net current assets (liabilities)			(186,548)		(79,031)
Total assets less current liabilities			4,660,303		4,808,938
Creditors amounts falling due after one year	7		(1,403,306)		(1,567,039)
Provisions for liabilities	8		(789,859)		(800,891)
Net assets			2,467,138		2,441,008
Capital and reserves
Called up share capital			200		200
Profit and loss account			2,466,938		2,440,808
Shareholders' funds			2,467,138		2,441,008

The company was entitled to exemption from audit for this reporting period under section 477 of the Companies Act 2006 relating to small companies.
The members have not required the company to obtain an audit in accordance with section 476 of the Companies Act 2006.
The Directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of accounts.
These accounts have been prepared in accordance with the provisions applicable to companies subject to the small companies regime.
The directors have chosen to not file a copy of the company’s profit and loss account under section 444 (5A) Companies Act 2006.

The financial statements were approved and authorised for issue by the Board of Directors on 9 June 2026, and are signed on its behalf by:

D Wilson
Director
Registered Company No. 11942483

D & L J Wilson Farming Limited

Notes to the Financial Statements
for the period ended 31 January 2026

1.	Accounting policies

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

	Statement of compliance
	The financial statements have been prepared in compliance with FRS 102 Section 1A as it applies to the financial statements for the period and there were no material departures from the reporting standard.

	Revenue from sale of goods
	Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

Revenue from sale of goods

Turnover from the sale of goods is recognised when the significant risks and rewards of ownership of the goods have transferred to the buyer. Turnover from the rendering of services is recognised by reference to the stage of completion of the contract. The stage of completion of a contract is measured by comparing the costs incurred for work performed to date to the total estimated contract costs.

	Employee benefits
	Contributions to defined contribution plans are expensed in the period to which they relate.

	Foreign currency translation
	Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

Foreign currency translation

Transactions in foreign currencies are initially recognised at the rate of exchange ruling at the date of the transaction. At the end of each reporting period foreign currency monetary items are translated at the closing rate of exchange. Non-monetary items that are measured at historical cost are translated at the rate ruling at the date of the transaction. All differences are charged to profit or loss.

	Deferred tax
	Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

Deferred tax

Deferred tax is recognised in respect of all timing differences between the recognition of income and expenses in the financial statements and their inclusion in tax assessments. 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. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date and that are expected to apply to the reversal of the timing difference, except for revalued land and investment property where the tax rate that applies to the sale of the asset is used. Current and deferred tax assets and liabilities are not discounted.

	Tangible fixed assets and depreciation
	Tangible fixed assets are stated at cost or valuation less depreciation. Depreciation is provided on all tangible fixed assets as follows:


		Reducing balance (%)
	Plant and machinery	15
	Fixtures and fittings	15
	Vehicles	15

	Investment property
	Investment property is carried at fair value, derived from the current market prices for comparable real estate determined annually. The valuers use observable market prices, adjusted if necessary for any difference in the nature, location or condition of the specific asset. Changes in fair value are recognised in profit and loss.

2.	Average number of employees


		2026		2025
	Average number of employees during the year	1		1

3.	Tangible fixed assets

	Plant & machinery	Vehicles	Fixtures & fittings	Total
	£	£	£	£
Cost or valuation
At 01 May 25	810,712	73,567	11,036	895,315
Additions	-	-	2,850	2,850
At 31 January 26	810,712	73,567	13,886	898,165
Depreciation and impairment
At 01 May 25	484,757	15,841	6,748	507,346
Charge for year	36,669	6,494	805	43,968
At 31 January 26	521,426	22,335	7,553	551,314
Net book value
At 31 January 26	289,286	51,232	6,333	346,851
At 30 April 25	325,955	57,726	4,288	387,969

4.	Investment property
	There has been no valuation of the investment property by an independent valuer, however the directors have reviewed the valuation of the property and feel the value in the accounts reflects the current fair value.


		£
	Fair value at 01 May 25	4,500,000
	At 31 January 26	4,500,000

5.	Debtors: amounts due within one year

	2026	2025
	£	£
Prepayments and accrued income	11,543	30,221
Total	11,543	30,221

6.	Creditors: amounts due within one year

	2026	2025
	£	£
Trade creditors / trade payables	56,999	16,406
Bank borrowings and overdrafts	178,476	178,476
Taxation and social security	41,657	21,497
Other creditors	121	3,250
Accrued liabilities and deferred income	63,581	49,241
Total	340,834	268,870


	The bank borrowings are a secured creditor.

7.	Creditors: amounts due after one year

	2026	2025
	£	£
Bank borrowings and overdrafts	1,061,632	1,159,972
Other creditors	341,674	407,067
Total	1,403,306	1,567,039


	The bank borrowings are a secured creditor.

8.	Provisions for liabilities

	2026	2025
	£	£
Net deferred tax liability (asset)	789,859	800,891
Total	789,859	800,891