| Swires Farm Services Ltd |
| Registered number: |
07570702 |
| Balance Sheet |
| as at 31 March 2026 |
|
| Notes |
|
|
2026 |
|
|
2025 |
| £ |
£ |
| Fixed assets |
| Tangible assets |
3 |
|
|
1,211,424 |
|
|
1,273,802 |
|
| Current assets |
| Debtors |
4 |
|
369,132 |
|
|
448,140 |
| Cash at bank and in hand |
|
|
54,498 |
|
|
121,190 |
|
|
|
423,630 |
|
|
569,330 |
|
| Creditors: amounts falling due within one year |
5 |
|
(169,282) |
|
|
(301,311) |
|
| Net current assets |
|
|
|
254,348 |
|
|
268,019 |
|
| Total assets less current liabilities |
|
|
|
1,465,772 |
|
|
1,541,821 |
|
| Creditors: amounts falling due after more than one year |
6 |
|
|
(83,761) |
|
|
(81,601) |
|
| Provisions for liabilities |
|
|
|
(224,025) |
|
|
(318,450) |
|
|
| Net assets |
|
|
|
1,157,986 |
|
|
1,141,770 |
|
|
|
|
|
|
|
|
| Capital and reserves |
| Called up share capital |
|
|
|
100 |
|
|
100 |
| Profit and loss account |
|
|
|
1,157,886 |
|
|
1,141,670 |
|
| Shareholders' funds |
|
|
|
1,157,986 |
|
|
1,141,770 |
|
|
|
|
|
|
|
|
| The directors are satisfied that the company is entitled to exemption from the requirement to obtain an audit under section 477 of the Companies Act 2006. |
| The members have not required the company to obtain an audit in accordance with section 476 of the Act. |
| The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of accounts. |
| The accounts have been prepared and delivered in accordance with the special provisions applicable to companies subject to the small companies regime. The profit and loss account has not been delivered to the Registrar of Companies. |
|
|
|
|
| Mr G M Swires |
Mr S P Swires |
| Director |
Director |
| Approved by the board on 18 June 2026 |
|
| Swires Farm Services Ltd |
| Notes to the Accounts |
| for the year ended 31 March 2026 |
|
|
| 1 |
Accounting policies |
|
|
Basis of preparation |
|
The accounts have been prepared under the historical cost convention and in accordance with FRS 102, The Financial Reporting Standard applicable in the UK and Republic of Ireland (as applied to small entities by section 1A of the standard). |
|
|
Tangible fixed assets |
|
Tangible fixed assets are measured at cost less accumulative depreciation and any accumulative impairment losses. Depreciation is provided on all tangible fixed assets, other than freehold land, at rates calculated to write off the cost, less estimated residual value, of each asset evenly over its expected useful life, as follows: |
|
|
Plant and machinery |
over 5 years |
|
Fixtures, fittings, tools and equipment |
over 5 years |
|
|
| 2 |
Employees |
2026 |
|
2025 |
| Number |
Number |
|
|
Average number of persons employed by the company |
6 |
|
5 |
|
|
|
|
|
|
|
|
|
|
| 3 |
Tangible fixed assets |
|
|
|
|
Plant and machinery etc |
|
Motor vehicles |
|
Total |
| £ |
£ |
£ |
|
Cost |
|
At 1 April 2025 |
1,364,267 |
|
858,809 |
|
2,223,076 |
|
Additions |
223,914 |
|
- |
|
223,914 |
|
Disposals |
(162,689) |
|
- |
|
(162,689) |
|
At 31 March 2026 |
1,425,492 |
|
858,809 |
|
2,284,301 |
|
|
|
|
|
|
|
|
|
|
Depreciation |
|
At 1 April 2025 |
607,596 |
|
341,678 |
|
949,274 |
|
Charge for the year |
131,732 |
|
51,713 |
|
183,445 |
|
On disposals |
(59,842) |
|
- |
|
(59,842) |
|
At 31 March 2026 |
679,486 |
|
393,391 |
|
1,072,877 |
|
|
|
|
|
|
|
|
|
|
Net book value |
|
At 31 March 2026 |
746,006 |
|
465,418 |
|
1,211,424 |
|
At 31 March 2025 |
756,671 |
|
517,131 |
|
1,273,802 |
|
|
| 4 |
Debtors |
2026 |
|
2025 |
| £ |
£ |
|
|
Trade debtors |
369,132 |
|
448,140 |
|
|
|
|
|
|
|
|
|
|
| 5 |
Creditors: amounts falling due within one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
107,166 |
|
92,475 |
|
Trade creditors |
22,116 |
|
150,685 |
|
Directors' loan accounts |
|
|
|
|
19,232 |
|
19,232 |
|
Taxation and social security costs |
20,768 |
|
38,919 |
|
|
|
|
|
|
169,282 |
|
301,311 |
|
|
|
|
|
|
|
|
|
|
| 6 |
Creditors: amounts falling due after one year |
2026 |
|
2025 |
| £ |
£ |
|
|
Obligations under finance lease and hire purchase contracts |
83,761 |
|
81,601 |
|
|
|
|
|
|
|
|
|
|
| 7 |
Related party transactions |
|
|
The directors of the company are also partners in the business of K Swires and Co. Work carried out for this business amounted to £522,455 in the year. Amount outstanding at 31st March 2026 was £369,132 (ex VAT) (2025: £443,658) |
|
|
| 8 |
Controlling party |
|
|
The company is controlled by the directors who own 100% of the company shares. |
|
|
| 9 |
Other information |
|
|
Swires Farm Services Ltd is a private company limited by shares and incorporated in England. Its registered office is: |
|
High Moor Farm |
|
Beckwithshaw |
|
Harrogate |
|
HG31QY |