REGISTERED NUMBER: 06828569 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2026

FOR

P C PERRETT & SONS LIMITED

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R C Perrett

C G Perrett

SECRETARY:

C G Perrett

REGISTERED OFFICE:

Manchester House

High Street

Stalbridge

Dorset

DT10 2LL

REGISTERED NUMBER:

06828569 (England and Wales)

ACCOUNTANTS:

Evans & Co

Manchester House

High Street

Stalbridge

Sturminster Newton

Dorset

DT10 2LL

FIXED ASSETS

Tangible assets

5

531,059

530,657

Investments

6

50

50

Herd basis

7

203,495

231,060

734,604

761,767

CURRENT ASSETS

Stocks

85,505

85,917

Debtors

73,972

118,558

Cash at bank

38,698

34,850

198,175

239,325

CREDITORS

Amounts falling due within one year

203,892

318,907

NET CURRENT LIABILITIES

(5,717

)

(79,582

)

TOTAL ASSETS LESS CURRENT LIABILITIES

728,887

682,185

CREDITORS

Amounts falling due after more than one year

(59,684

)

(67,498

)

PROVISIONS FOR LIABILITIES

(85,169

)

(85,165

)

NET ASSETS

584,034

529,522

CAPITAL AND RESERVES

Called up share capital

100

100

Retained earnings

583,934

529,422

SHAREHOLDERS' FUNDS

584,034

529,522

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 9 July 2026 and were signed on its behalf by:

C G Perrett - Director

R C Perrett - Director

1.	STATUTORY INFORMATION

P C Perrett & Sons 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 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.

3.	ACCOUNTING POLICIES

Basis of preparing the financial statements

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 or, if held under a finance lease, over the lease term, whichever is the shorter.

Improvements to property

-

not provided

Plant and machinery

-

15% on reducing balance

Motor vehicles

-

15% on reducing balance

Biological assets

Biological assets held for continuing use within the business are classified as fixed assets. Such assets are measured at cost less accumulated depreciation and impairment.

Assets within the classification comprise a dairy herd.

Depreciation is charged to write off the cost of assets less estimated selling price over their estimated useful economic life.

The depreciation rate used for the dairy herd is 25% straight line.

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.

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.

4.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 6 (2025 - 6 ) .

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

982,850

Additions

64,051

At 31 March 2026

1,046,901

DEPRECIATION

At 1 April 2025

452,193

Charge for year

63,649

At 31 March 2026

515,842

NET BOOK VALUE

At 31 March 2026

531,059

At 31 March 2025

530,657

Fixed assets, included in the above, which are held under hire purchase contracts are as follows:

Totals

£

COST

At 1 April 2025

223,500

Additions

8,600

Reclassification/transfer

47,450

At 31 March 2026

279,550

DEPRECIATION

At 1 April 2025

72,697

Charge for year

29,961

Reclassification/transfer

7,118

At 31 March 2026

109,776

NET BOOK VALUE

At 31 March 2026

169,774

At 31 March 2025

150,803

6.	FIXED ASSET INVESTMENTS

Information on investments other than loans is as follows:

Totals

£

COST

At 1 April 2025

and 31 March 2026

50

NET BOOK VALUE

At 31 March 2026

50

At 31 March 2025

50

7.	HERD BASIS

Dairy

herd

basis

£

COST

At 1 April 2025

339,640

Additions

69,640

Disposals

(66,640

)

At 31 March 2026

342,640

DEPRECIATION

At 1 April 2025

108,580

Charge for year

67,805

Eliminated on disposal

(37,240

)

At 31 March 2026

139,145

NET BOOK VALUE

At 31 March 2026

203,495

At 31 March 2025

231,060

8.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Hire purchase contracts

58,544

70,742

9.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The company operates from a farm owned by the directors. There is no formal lease and the company currently occupies the property rent free.

There is additional land, again owned by the directors, on which the company pays rent of £5,400 (2025 £5,400).