LINDUM SEEDED TURF LIMITED


Directors	FELL, Dorothy Anne
	FELL, George Frederick
	FELL, Louis Michael Rudston
	FELL, Stephen Charles Rudston
	MORLEY, Anna Mary


Registered Address	West Grange
	Thorganby
	York
	YO19 6DJ


Registered Number	02363405 (England and Wales)

Notes to the Financial Statements
for the year ended 31 December 2025

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.

	Basis of preparation
	The financial statements have been prepared under the historical cost convention on a going concern basis unless otherwise specified within these accounting policies and in accordance with Section 1A of Financial Reporting Standard 102, the Financial Reporting Standard applicable in the UK and the Republic of Ireland and the Companies Act 2006.

	Functional and presentation currency
	The financial statements are presented in sterling and this is the functional currency of the company.

	Turnover policy
	Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services. 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.

Turnover policy

Turnover is measured at the fair value of the consideration received or receivable, net of discounts and value added taxes. Turnover includes revenue earned from the sale of goods and/or the rendering of services.

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
	The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. Contributions to defined contribution plans are expensed in the period to which they relate. Amounts not paid are shown in accruals in the Statement of Financial Position. The assets of the plan are held separately from the company in independently administered funds.

Employee benefits

The company operates a defined contribution plan for its employees. A defined contribution plan is a pension plan under which the company pays fixed contributions into a separate entity. Once the contributions have been paid the company has no further obligation. 

Contributions to defined contribution plans are expensed in the period to which they relate.  Amounts not paid are shown in accruals in the Statement of Financial Position.  The assets of the plan are held separately from the company in independently administered funds.

	Current taxation
	Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.

	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. The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date. Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement Depreciation is provided on all tangible fixed assets as follows:

Tangible fixed assets and depreciation

Tangible fixed assets are stated at cost or valuation less depreciation. 

The assets residual values, useful lives and depreciation methods are reviewed and adjusted prospectively if appropriate, or if there is an indication of a significant change since the last reporting date.

Gains and losses on disposal are determined by comparing the proceeds with the carrying amount and are recognised in the Income Statement

Depreciation is provided on all tangible fixed assets as follows:


	Reducing balance (%)	Straight line (years)
Land and buildings	-	20
Plant and machinery	15	-
Vehicles	25	-
Office Equipment	15	-

	Finance leases and hire purchase contracts
	Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease Payments made under operating leases are charged to the Income Statement on a straight line basis over the lease term.

Finance leases and hire purchase contracts

Assets held under finance leases which are leases where substantially all the risks and rewards of ownership of the asset have passed to the company, and hire purchase contracts are capitalised in the Statement of Financial Position. They are depreciated over the shorter of their useful lives or the term of the lease. All other lease arrangements are classified as an operating lease

Payments made under operating leases are charged to the Income Statement on a straight line basis over the lease term.

	Stocks and work in progress
	Stocks are valued at the lower of cost and estimated selling price (less any associated costs to enable such sales to complete). At each date of Statement of Financial Position, stocks are assessed for impairment. If stock is impaired, the carrying amount is reduced to its selling price less costs to complete the sale. The impairment loss is recognised immediately in the Income Statement

	Trade and other debtors
	Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

Trade and other debtors

Short term debtors are measured at transaction price (which is usually the invoice price), less any impairment losses for bad and doubtful debts. Loans and other financial assets are initially recognised at transaction price including any transaction costs and subsequently measured at amortised cost determined using the effective interest method, less any impairment losses for bad and doubtful debts.

	Trade and other creditors
	Short term creditors are measured at transaction price (which is usually the invoice price). Loans and other financial liabilities are initially recognised at transaction price net of any transaction costs and subsequently measured at amortised cost determined using the effective interest method.

	Financial instruments
	The company enters into basic financial instrument transactions that result in the recognition of financial assets and liabilities like trade and other debtors and creditors, loans from banks and other third parties, loans to related parties and investments in ordinary shares.

2.	Average number of employees


		2025		2024
	Average number of employees during the year	29		31

3.	Tangible fixed assets

	Land & buildings	Plant & machinery	Vehicles	Office Equipment	Total
	£	£	£	£	£
Cost or valuation
At 01 January 25	191,717	1,056,960	2,056,790	39,336	3,344,803
Additions	123,036	196,955	46,514	2,834	369,339
Disposals	-	-	(286,210)	-	(286,210)
At 31 December 25	314,753	1,253,915	1,817,094	42,170	3,427,932
Depreciation and impairment
At 01 January 25	71,200	708,767	898,024	30,138	1,708,129
Charge for year	12,018	69,150	157,805	1,553	240,526
On disposals	-	-	(133,586)	-	(133,586)
At 31 December 25	83,218	777,917	922,243	31,691	1,815,069
Net book value
At 31 December 25	231,535	475,998	894,851	10,479	1,612,863
At 31 December 24	120,517	348,193	1,158,766	9,198	1,636,674

4.	Stocks

	2025	2024
	£	£
Raw materials and consumables	208,603	188,030
Work in progress	293,946	322,875
Finished goods	302,160	286,674
Total	804,709	797,579

5.	Debtors: amounts due within one year

	2025	2024
	£	£
Trade debtors / trade receivables	544,649	447,875
Other debtors	144,838	115,141
Prepayments and accrued income	27,741	29,176
Total	717,228	592,192

6.	Creditors: amounts due within one year

	2025	2024
	£	£
Trade creditors / trade payables	450,075	301,656
Bank borrowings and overdrafts	9,637	34,849
Taxation and social security	221,801	179,552
Finance lease and HP contracts	140,240	175,181
Other creditors	12,419	145,994
Accrued liabilities and deferred income	7,471	8,454
Total	841,643	845,686


	Bank borrowings and overdrafts are secured by a fixed and floating charge over assets of the company. HP contracts are secured on the assets to which they relate.

7.	Creditors: amounts due after one year

	2025	2024
	£	£
Bank borrowings and overdrafts	-	9,909
Other creditors	147,314	160,457
Total	147,314	170,366


	Bank borrowings and overdrafts are secured by a fixed and floating charge over assets of the company. HP contracts are secured on the assets to which they relate.

8.	Obligations under finance leases

		2025		2024
		£		£
	Finance lease and HP contracts	287,554		335,637

9.	Provisions for liabilities
	The provision for deferred tax is made up of £398,100 in respect of accelerated capital allowances.

	2025	2024
	£	£
Net deferred tax liability (asset)	398,100	409,100
Total	398,100	409,100

10.	Related party transactions
	On 1 January 2025 the company owed the directors £2,756. During the period the directors were repaid £2,982 and advanced a further £1,227. At 31 December 2025 the directors were owed £1,000. No interest was charged on this loan and the loan is repayable on demand.

	Notes	2025		2024
		£	£	£	£
Fixed assets
Tangible assets	3		1,612,863		1,636,674
			1,612,863		1,636,674
Current assets
Stocks	4	804,709		797,579
Debtors	5	717,228		592,192
Cash at bank and on hand		140,149		65,145
		1,662,086		1,454,916
Creditors amounts falling due within one year	6	(841,643)		(845,686)
Net current assets (liabilities)			820,443		609,230
Total assets less current liabilities			2,433,306		2,245,904
Creditors amounts falling due after one year	7		(147,314)		(170,366)
Provisions for liabilities	9		(398,100)		(409,100)
Net assets			1,887,892		1,666,438
Capital and reserves
Called up share capital			1,000		1,000
Profit and loss account			1,886,892		1,665,438
Shareholders' funds			1,887,892		1,666,438