REGISTERED NUMBER: 01504403 (England and Wales)

Dummer Farms Limited

Unaudited Financial Statements for the Year Ended 31st October 2025

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

A Ferguson

Lady S R Swinburn

Mrs F J C Ferguson

SECRETARY:

Lady S R Swinburn

REGISTERED OFFICE:

Dummer Down House

Dummer

Basingstoke

Hampshire

RG25 2AR

REGISTERED NUMBER:

01504403 (England and Wales)

ACCOUNTANTS:

Sheen Stickland

Chartered Accountants

2 Oriel Court

Omega Park

Alton

Hampshire

GU34 2YT

FIXED ASSETS

Tangible assets

5

182,256

153,852

Investments

6

80

80

Investment property

7

2,226,377

2,156,255

2,408,713

2,310,187

CURRENT ASSETS

Stocks

9,392

18,021

Debtors

8

52,862

47,903

Cash at bank

203,204

282,096

265,458

348,020

CREDITORS

Amounts falling due within one year

9

73,453

75,087

NET CURRENT ASSETS

192,005

272,933

TOTAL ASSETS LESS CURRENT LIABILITIES

2,600,718

2,583,120

CREDITORS

Amounts falling due after more than one year

10

(376,626

)

(371,519

)

PROVISIONS FOR LIABILITIES

(313,743

)

(306,656

)

NET ASSETS

1,910,349

1,904,945

CAPITAL AND RESERVES

Called up share capital

10,000

10,000

Share premium

12

120,331

120,331

Fair value reserve

12

1,191,585

1,191,585

Retained earnings

12

588,433

583,029

SHAREHOLDERS' FUNDS

1,910,349

1,904,945

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31st October 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31st October 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 2nd July 2026 and were signed on its behalf by:

A Ferguson - Director

1.	STATUTORY INFORMATION

Dummer 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.	STATEMENT OF COMPLIANCE

These financial statements have been prepared in accordance with the provisions of Section 1A " Small Entities" of Financial Reporting Standard 102, (FRS 102) "The Financial Reporting Standard applicable in the UK and Republic of Ireland" and the Companies Act 2006.

The financial statements are presented in sterling which is the functional currency of the company and rounded to the nearest pound.

The significant accounting policies applied in the preparation of these financial statements are set out below. These policies have been consistently applied to all years presented unless otherwise stated.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention, with the exception of investment properties which are held at fair value.

Turnover

Income from the sale of crops is recognised on an accruals basis.

Tangible fixed assets

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life or, if held under a finance lease, over the lease term, whichever is the shorter.

Land and buildings

-

not provided

Plant and machinery etc

-

20% on reducing balance

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

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

Assets obtained under hire purchase contracts or finance leases are capitalised in the balance sheet. Those held under hire purchase contracts are depreciated over their estimated useful lives. Those held under finance leases are depreciated over their estimated useful lives or the lease term, whichever is the shorter.

The interest element of these obligations is charged to profit or loss over the relevant period. The capital element of the future payments is treated as a liability.

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.

Investment property

Investment properties are shown at fair value. Any aggregate surplus or deficit arising from changes in the fair value is recognised in the Profit and Loss Account. A transfer is made to the Fair Value Reserve net of applicable deferred tax where the fair value exceeds original cost.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 4 (2024 - 3 ) .

5.	TANGIBLE FIXED ASSETS

Improvements

Freehold

to

Plant and

property

property

machinery

£

£

£

COST

At 1st November 2024

114,986

798

49,499

Additions

-

-

2,428

At 31st October 2025

114,986

798

51,927

DEPRECIATION

At 1st November 2024

-

-

22,970

Charge for year

-

-

5,791

At 31st October 2025

-

-

28,761

NET BOOK VALUE

At 31st October 2025

114,986

798

23,166

At 31st October 2024

114,986

798

26,529

Farm

Containers

plant and

Motor

for

machinery

vehicles

letting

Totals

£

£

£

£

COST

At 1st November 2024

27,838

-

18,613

211,734

Additions

5,106

30,278

7,210

45,022

At 31st October 2025

32,944

30,278

25,823

256,756

DEPRECIATION

At 1st November 2024

21,349

-

13,563

57,882

Charge for year

2,319

6,056

2,452

16,618

At 31st October 2025

23,668

6,056

16,015

74,500

NET BOOK VALUE

At 31st October 2025

9,276

24,222

9,808

182,256

At 31st October 2024

6,489

-

5,050

153,852

The net book value of tangible fixed assets includes £ 24,222 in respect of assets held under hire purchase contracts or finance leases.

6.	FIXED ASSET INVESTMENTS

Shares in

group

undertakin

£

COST

At 1st November 2024

and 31st October 2025

80

NET BOOK VALUE

At 31st October 2025

80

At 31st October 2024

80

7.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1st November 2024

2,156,255

Additions

116,384

Grants

(46,262

)

At 31st October 2025

2,226,377

NET BOOK VALUE

At 31st October 2025

2,226,377

At 31st October 2024

2,156,255

Fair value at 31st October 2025 is represented by:

£

Valuation in 2018

1,417,411

Cost

808,966

2,226,377

8.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

43,209

33,509

Other debtors

9,653

14,394

52,862

47,903

9.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Bank loans and overdrafts

7,589

10,000

AMC Mortgage

9,683

8,180

Trade creditors

5,555

6,241

Tax

3,576

21,311

VAT

4,378

5,384

Hire purchase

5,975

-

Pensions payable

144

-

Directors' current accounts

4,163

4,095

Accruals and deferred income

32,390

19,876

73,453

75,087

10.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Bank loans - 2-5 years

-

5,834

AMC Mortgage 2-5 years

38,732

32,720

AMC Mortgage more 5yrs instal

316,482

332,965

Hire purchase 2-5 years

21,412

-

376,626

371,519

Amounts falling due in more than five years:

Repayable by instalments

AMC Mortgage more 5yrs instal

316,482

332,965

11.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

AMC Mortgage

364,897

373,865

The mortgages are secured by way of legal mortgages over the freehold land at Dummer Down Farm comprising part of title number HP565633 and part of title HP462327.

12.

RESERVES

Fair

Retained

Share

value

earnings

premium

reserve

Totals

£

£

£

£

At 1st November 2024

583,029

120,331

1,191,585

1,894,945

Profit for the year

44,404

44,404

Dividends

(39,000

)

(39,000

)

At 31st October 2025

588,433

120,331

1,191,585

1,900,349

13.	RELATED PARTY DISCLOSURES

During the year the company paid Lady Swinburn, a director of the company rent of £24,000 (2024: £24,000).

The company received rent of £12,000 (2024: £9,000) from its subsidiary Dummer Down Brewery Limited during the year.