| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 31 March 2026 |
| for |
| E. Falkingham and Sons Limited |
| REGISTERED NUMBER: |
| Unaudited Financial Statements |
| For The Year Ended 31 March 2026 |
| for |
| E. Falkingham and Sons Limited |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Contents of the Financial Statements |
| For The Year Ended 31 March 2026 |
| Page |
| Company Information | 1 |
| Chartered Accountants' Report | 2 |
| Abridged Balance Sheet | 3 |
| Notes to the Financial Statements | 5 |
| E. Falkingham and Sons Limited |
| Company Information |
| For The Year Ended 31 March 2026 |
| DIRECTORS: |
| SECRETARY: |
| REGISTERED OFFICE: |
| REGISTERED NUMBER: |
| ACCOUNTANTS: |
| Chartered Accountants |
| 15 Prospect Street |
| Bridlington |
| East Yorkshire |
| YO15 2AE |
| BANKERS: |
| 12 Market Place |
| Driffield |
| East Yorkshire |
| YO25 6AQ |
| Chartered Accountants' Report to the Board of Directors |
| on the Unaudited Financial Statements of |
| E. Falkingham and Sons Limited |
| The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies. |
| In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of E. Falkingham and Sons Limited for the year ended 31 March 2026 which comprise the Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us. |
| As a practising member firm of the Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance. |
| This report is made solely to the Board of Directors of E. Falkingham and Sons Limited, as a body, in accordance with the terms of our engagement letter dated 5 July 2023. Our work has been undertaken solely to prepare for your approval the financial statements of E. Falkingham and Sons Limited and state those matters that we have agreed to state to the Board of Directors of E. Falkingham and Sons Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than E. Falkingham and Sons Limited and its Board of Directors, as a body, for our work or for this report. |
| It is your duty to ensure that E. Falkingham and Sons Limited has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of E. Falkingham and Sons Limited. You consider that E. Falkingham and Sons Limited is exempt from the statutory audit requirement for the year. |
| We have not been instructed to carry out an audit or a review of the financial statements of E. Falkingham and Sons Limited. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements. |
| Chartered Accountants |
| 15 Prospect Street |
| Bridlington |
| East Yorkshire |
| YO15 2AE |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Abridged Balance Sheet |
| 31 March 2026 |
| 2026 | 2025 |
| Notes | £ | £ | £ | £ |
| FIXED ASSETS |
| Intangible assets | 4 |
| Tangible assets | 5 |
| Investments | 6 |
| CURRENT ASSETS |
| Stocks |
| Debtors | 7 |
| Cash at bank and in hand |
| CREDITORS |
| Amounts falling due within one year |
| NET CURRENT ASSETS |
| TOTAL ASSETS LESS CURRENT LIABILITIES |
| CREDITORS |
| Amounts falling due after more than one year |
8 |
( |
) |
( |
) |
| PROVISIONS FOR LIABILITIES | 11 | ( |
) | ( |
) |
| ACCRUALS AND DEFERRED INCOME | ( |
) | ( |
) |
| NET ASSETS |
| CAPITAL AND RESERVES |
| Called up share capital | 12 |
| Capital redemption reserve |
| Retained earnings |
| SHAREHOLDERS' FUNDS |
| 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. |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Abridged Balance Sheet - continued |
| 31 March 2026 |
| The financial statements were approved by the Board of Directors and authorised for issue on |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Notes to the Financial Statements |
| For The Year Ended 31 March 2026 |
| 1. | STATUTORY INFORMATION |
| E. Falkingham and Sons Limited is a |
| The presentation currency of the financial statements is the Pound Sterling (£). |
| 2. | ACCOUNTING POLICIES |
| Basis of preparing the financial statements |
| Turnover |
| Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes. |
| Intangible assets |
| Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses. |
| Tangible fixed assets |
| Land and buildings | - |
| Wind turbines | - |
| Plant and machinery | - |
| Combine harvester | - |
| Tractors and motor vehicles | - |
| Stocks |
| Stocks are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items. |
| Own produced stock has been valued at cost of production. |
| 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. |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 2. | ACCOUNTING POLICIES - continued |
| 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. |
| Government grants |
| Government grants in respect of capital assets are included as a liability on the balance sheet as deferred income and released to the profit and loss account in order to match the depreciation of the related capital asset. |
| 3. | EMPLOYEES AND DIRECTORS |
| The average number of employees during the year was |
| 4. | INTANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 April 2025 |
| and 31 March 2026 |
| AMORTISATION |
| At 1 April 2025 |
| and 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 5. | TANGIBLE FIXED ASSETS |
| Totals |
| £ |
| COST |
| At 1 April 2025 |
| Additions |
| Disposals | ( |
) |
| At 31 March 2026 |
| DEPRECIATION |
| At 1 April 2025 |
| Charge for year |
| Eliminated on disposal | ( |
) |
| At 31 March 2026 |
| NET BOOK VALUE |
| At 31 March 2026 |
| At 31 March 2025 |
| Fixed assets, included in the above, which are held under hire purchase contracts are as follows: |
| Totals |
| £ |
| COST |
| At 1 April 2025 | 330,000 |
| Additions | 150,652 |
| Transfer to ownership | (55,000 | ) |
| At 31 March 2026 | 425,652 |
| DEPRECIATION |
| At 1 April 2025 | 77,000 |
| Charge for year | 85,226 |
| Transfer to ownership | (8,250 | ) |
| At 31 March 2026 | 153,976 |
| NET BOOK VALUE |
| At 31 March 2026 | 271,676 |
| At 31 March 2025 | 253,000 |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 6. | FIXED ASSET INVESTMENTS |
| Information on investments other than loans is as follows: |
| Totals |
| £ |
| COST |
| At 1 April 2025 | 3,570 |
| Additions | 470 |
| At 31 March 2026 | 4,040 |
| NET BOOK VALUE |
| At 31 March 2026 | 4,040 |
| At 31 March 2025 | 3,570 |
| 7. | DEBTORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR |
| 2026 | 2025 |
| £ | £ |
| Other debtors |
| 8. | CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS |
| 2026 | 2025 |
| £ | £ |
| Repayable by instalments |
| Bank loans | 161,617 | 289,514 |
| 9. | LOANS |
| An analysis of the maturity of loans is given below: |
| 2026 | 2025 |
| £ | £ |
| Amounts falling due within one year or on demand: |
| Bank loans |
| Other loans |
| Amounts falling due between one and two years: |
| Bank loans |
| Other loans | 74,431 |
| Amounts falling due between two and five years: |
| Bank loans |
| Other loans |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 9. | LOANS - continued |
| 2026 | 2025 |
| £ | £ |
| Amounts falling due in more than five years: |
| Repayable by instalments |
| Bank loans | 161,617 | 289,514 |
| 10. | SECURED DEBTS |
| The following secured debts are included within creditors: |
| 2026 | 2025 |
| £ | £ |
| Bank loans |
| Hire purchase contracts | 114,732 | 142,500 |
| Other loans | 261,266 | 249,662 |
| 11. | PROVISIONS FOR LIABILITIES |
| 2026 | 2025 |
| £ | £ |
| Deferred tax |
| Accelerated capital allowances | 662,017 | 633,259 |
| Short term timing differences | (6,430 | ) | (51,656 | ) |
| 655,587 | 581,603 |
| Deferred |
| tax |
| £ |
| Balance at 1 April 2025 |
| Charge to Income Statement during year |
| Balance at 31 March 2026 |
| 12. | CALLED UP SHARE CAPITAL |
| Allotted, issued and fully paid: |
| Number: | Class: | Nominal | 2026 | 2025 |
| value: | £ | £ |
| Ordinary | £1 | 15,888 | 15,888 |
| 13. | CAPITAL COMMITMENTS |
| 2026 | 2025 |
| £ | £ |
| Contracted but not provided for in the |
| financial statements |
| E. Falkingham and Sons Limited (Registered number: 00558216) |
| Notes to the Financial Statements - continued |
| For The Year Ended 31 March 2026 |
| 14. | DIRECTORS' ADVANCES, CREDITS AND GUARANTEES |
| The company has paid rent to I E Falkingham of £12,822 (2025 - £20,000) during the year in respect of farm land owned by him. |
| The company has paid rent to A P Falkingham of £42,822 (2025- £50,000) during the year in respect of farm land owned by him. |
| 15. | RELATED PARTY DISCLOSURES |
| The following balances were due to the Directors: |
| 2026 | 2025 |
| £ | £ |
| Mrs M A Falkingham | 672 | 1,065 |
| Mr & Mrs I E Falkingham | 121,021 | 151,483 |
| A P Falkingham | 72,139 | 93,080 |
| Interest was paid to the Directors as follows: |
| 2026 | 2025 |
| £ | £ |
| Mrs M A Falkingham | 35 | 47 |
| Mr & Mrs I E Falkingham | 5,904 | 6,421 |
| A P Fakingham | 3,825 | 3,906 |
| 16. | ULTIMATE CONTROLLING PARTY |
| The controlling party is I E Falkingham and A P Falkingham. |