IRIS Accounts Production v26.1.10.61 10874556 Board of Directors Board of Directors Board of Directors 1.11.24 31.10.25 31.10.25 false true false false false true false iso4217:GBP iso4217:USD iso4217:EUR xbrli:shares xbrli:pure utr:tonnes utr:kWh 10874556 2024-10-31 10874556 2025-10-31 10874556 2024-11-01 2025-10-31 10874556 2023-10-31 10874556 2023-11-01 2024-10-31 10874556 2024-10-31 10874556 ns15:EnglandWales 2024-11-01 2025-10-31 10874556 ns14:PoundSterling 2024-11-01 2025-10-31 10874556 ns10:Director1 2024-11-01 2025-10-31 10874556 ns10:Director2 2024-11-01 2025-10-31 10874556 ns10:Director3 2024-11-01 2025-10-31 10874556 ns10:PrivateLimitedCompanyLtd 2024-11-01 2025-10-31 10874556 ns10:SmallEntities 2024-11-01 2025-10-31 10874556 ns10:AuditExempt-NoAccountantsReport 2024-11-01 2025-10-31 10874556 ns10:SmallCompaniesRegimeForDirectorsReport 2024-11-01 2025-10-31 10874556 ns10:SmallCompaniesRegimeForAccounts 2024-11-01 2025-10-31 10874556 ns10:FullAccounts 2024-11-01 2025-10-31 10874556 1 2024-11-01 2025-10-31 10874556 ns5:CurrentFinancialInstruments 2025-10-31 10874556 ns5:CurrentFinancialInstruments 2024-10-31 10874556 ns5:Non-currentFinancialInstruments 2025-10-31 10874556 ns5:Non-currentFinancialInstruments 2024-10-31 10874556 ns5:ShareCapital 2025-10-31 10874556 ns5:ShareCapital 2024-10-31 10874556 ns5:RetainedEarningsAccumulatedLosses 2025-10-31 10874556 ns5:RetainedEarningsAccumulatedLosses 2024-10-31 10874556 ns10:RegisteredOffice 2024-11-01 2025-10-31 10874556 ns5:LandBuildings 2024-11-01 2025-10-31 10874556 ns5:PlantMachinery 2024-11-01 2025-10-31 10874556 ns5:LandBuildings 2024-10-31 10874556 ns5:PlantMachinery 2024-10-31 10874556 ns5:LandBuildings 2025-10-31 10874556 ns5:PlantMachinery 2025-10-31 10874556 ns5:LandBuildings 2024-10-31 10874556 ns5:PlantMachinery 2024-10-31 10874556 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2025-10-31 10874556 ns5:WithinOneYear ns5:CurrentFinancialInstruments 2024-10-31 10874556 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2025-10-31 10874556 ns5:Non-currentFinancialInstruments ns5:BetweenTwoFiveYears 2024-10-31 10874556 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2025-10-31 10874556 ns5:Non-currentFinancialInstruments ns5:MoreThanFiveYears 2024-10-31 10874556 ns5:Secured 2025-10-31 10874556 ns5:Secured 2024-10-31 10874556 3 ns10:Director3 2024-10-31 10874556 3 ns10:Director3 2023-10-31 10874556 3 ns10:Director3 2024-11-01 2025-10-31 10874556 3 ns10:Director3 2023-11-01 2024-10-31 10874556 3 ns10:Director3 2025-10-31 10874556 3 ns10:Director3 2024-10-31

REGISTERED NUMBER: 10874556 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Emery Farms Limited

| Emery Farms Limited (Registered number: 10874556) |

Contents of the Financial Statements

for the Year Ended 31 October 2025

Page |

| Balance Sheet | 1 |

| Notes to the Financial Statements | 3 |

| Emery Farms Limited (Registered number: 10874556) |

Balance Sheet

31 October 2025

| 2025 | 2024 |

| Notes | £ | £ | £ | £ |

FIXED ASSETS

Intangible assets | 4 | - |  | - |  |

Tangible assets | 5 | 1,463,464 |  | 1,444,940 |  |

1,463,464 |  | 1,444,940 |  |

CURRENT ASSETS

Stocks | 6 | 177,483 |  | 135,102 |  |

Debtors | 7 | 74,983 |  | 48,973 |  |

Prepayments and accrued income | 9,226 |  | 7,743 |  |

Cash at bank | 39,123 |  | 53,666 |  |

300,815 |  | 245,484 |  |

CREDITORS

Amounts falling due within one year | 8 | 1,025,045 |  | 803,511 |  |

NET CURRENT LIABILITIES | (724,230 | ) | (558,027 | ) |

TOTAL ASSETS LESS CURRENT LIABILITIES | 739,234 |  | 886,913 |  |

CREDITORS

Amounts falling due after more than one year | 9 | (558,043 | ) | (690,900 | ) |

PROVISIONS FOR LIABILITIES | (73,833 | ) | (65,801 | ) |

ACCRUALS AND DEFERRED INCOME | (6,386 | ) | (7,676 | ) |

NET ASSETS | 100,972 |  | 122,536 |  |

CAPITAL AND RESERVES

Called up share capital | 100 |  | 100 |  |

Retained earnings | 100,872 |  | 122,436 |  |

100,972 |  | 122,536 |  |

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

The members have not required the company to obtain an audit of its financial statements for the year ended 31 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.

| Emery Farms Limited (Registered number: 10874556) |

Balance Sheet - continued

31 October 2025

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 Profit and Loss Account has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 8 July 2026 and were signed on its behalf by:

Mr M P J Emery - Director | Mr T J Emery - Director

Miss G J Emery - Director

| Emery Farms Limited (Registered number: 10874556) |

Notes to the Financial Statements

for the Year Ended 31 October 2025

1. | STATUTORY INFORMATION

| Emery Farms Limited is a private company, limited by shares , registered in England and Wales. The company's registered number and registered office address are as below:

| Registered number: | 10874556

| Registered office: | Badgers Cross Farm

| Ashwick

| Oakhill

| Radstock

| Somerset

| BA3 5BS

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.

| Land and buildings | - | 2% on cost

| Plant and machinery etc | - | 25% on reducing balance, 20% on cost and 15% on reducing balance

| Stocks

| Stock is valued at the lower of cost and net realisable value. Home grown produce has been valued in accordance with H M Revenue & Customs guidance HS232.

| Financial instruments

| Classification

| The company holds the following financial instruments:

| Short term debtors and creditors;

| Cash and bank balances; and

| Unlisted investments.

| All financial instruments are classified as basic.

| Recognition and measurement

| The company has elected to apply the provisions FRS102 to all of its financial instruments.

| Financial instruments are recognised when the company becomes party to the contractual provisions of the instrument derecognised when in the case of assets, the contractual rights to cash flows from the assets expire or substantially all the risks and rewards of ownership are transferred to another party, or in the case of liabilities, when the company's obligations are discharged, expire or are cancelled.

| Such instruments are initially measured at transaction price, including transition costs, and are subsequently carried at the undiscounted amount of the cash or other consideration expected to be paid or received, after taking account of impairment adjustments.

| Emery Farms Limited (Registered number: 10874556) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

2. | ACCOUNTING POLICIES - continued

| Taxation

| Taxation for the year comprises current and deferred tax. Tax is recognised in the Profit and Loss Account, 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.

| 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.

3. | EMPLOYEES AND DIRECTORS

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

4. | INTANGIBLE FIXED ASSETS

| As at 31 October 2024, the Company held Basic Payment Scheme (BPS) entitlements which were recognised as an intangible asset on the balance sheet.

| During the financial year ended 31 October 2025, it was determined that the BPS entitlements no longer held any economic value due to the cessation of the Basic Payment Scheme. As a result, the entitlements were assessed to have a fair value of Nil.

| In accordance with FRS 102, the company has derecognised the BPS entitlements from its balance sheet. The carrying amount of the entitlements as at 31 October 2025 was £Nil. Therefore, there is no loss to be recognised in the profit and loss account for the year ended 31 October 2025.

| Emery Farms Limited (Registered number: 10874556) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

5. | TANGIBLE FIXED ASSETS

| Plant and |

| Land and |  | machinery |

| buildings |  | etc |  | Totals

£ | £ | £ |

| COST

| At 1 November 2024 | 1,268,736 |  | 425,797 |  | 1,694,533 |  |

| Additions | - |  | 97,256 |  | 97,256 |  |

| At 31 October 2025 | 1,268,736 |  | 523,053 |  | 1,791,789 |  |

| DEPRECIATION

| At 1 November 2024 | 75,596 |  | 173,997 |  | 249,593 |  |

| Charge for year | 12,313 |  | 66,419 |  | 78,732 |  |

| At 31 October 2025 | 87,909 |  | 240,416 |  | 328,325 |  |

| NET BOOK VALUE

| At 31 October 2025 | 1,180,827 |  | 282,637 |  | 1,463,464 |  |

| At 31 October 2024 | 1,193,140 |  | 251,800 |  | 1,444,940 |  |

6. | STOCKS

2025 | 2024 |

£ | £ |

| Stocks | 177,483 |  | 135,102 |  |

7. | DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade debtors | 58,820 |  | 48,973 |  |

| Other debtors | 16,163 |  | - |  |

74,983 |  | 48,973 |  |

8. | CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR |

2025 | 2024 |

£ | £ |

| Trade creditors | 105,408 |  | 149,141 |  |

| Tax | 9,497 |  | 32,945 |  |

| Other creditors | 910,140 |  | 621,425 |  |

1,025,045 |  | 803,511 |  |

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |

2025 | 2024 |

£ | £ |

| Bank loans - 2-5 years | 187,436 |  | 240,597 |  |

| Bank loans more than 5 years

| by instalments | 158,403 |  | 268,987 |  |

| Other loans - 2-5 years | 207,800 |  | 149,233 |  |

| Hire purchase contracts | 4,404 |  | 32,083 |  |

558,043 |  | 690,900 |  |

| Emery Farms Limited (Registered number: 10874556) |

Notes to the Financial Statements - continued

for the Year Ended 31 October 2025

9. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR - continued

2025 | 2024 |

£ | £ |

| Amounts falling due in more than five years:

| Repayable by instalments

| Bank loans more than 5 years

| by instalments | 158,403 |  | 268,987 |  |

158,403 |  | 268,987 |  |

10. | SECURED DEBTS

| The following secured debts are included within creditors:

2025 | 2024 |

£ | £ |

| Bank and other loans | 696,748 |  | 792,766 |  |

| Hire purchase agreements | 49,313 |  | 60,844 |  |

746,061 |  | 853,610 |  |

| The hire purchase liabilities are secured against the assets to which they relate.

| Bank loans are secured against Badgers Cross Farm, which is owned within the company.

| Other loans are secured against 1 River View Cottage, which is owned by Mr Mark Emery.

11. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

| The following advances and credits to a director subsisted during the years ended 31 October 2025 and 31 October 2024:

2025 | 2024 |

£ | £ |

| Miss G J Emery

| Balance outstanding at start of year | 6,050 |  | 9,609 |  |

| Amounts advanced | 9,425 |  | 9,000 |  |

| Amounts repaid | (31,636 | ) | (12,559 | ) |

| Amounts written off | - |  | - |  |

| Amounts waived | - |  | - |  |

| Balance outstanding at end of year | (16,161 | ) | 6,050 |  |