REGISTERED NUMBER: 07466150 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Western Farm Services (Knighton)

Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

R L Wilding

I D Mills

SECRETARY:

I D Mills

REGISTERED OFFICE:

Office 10

Broadaxe Business Park

Presteigne

Powys

LD8 2UH

REGISTERED NUMBER:

07466150 (England and Wales)

ACCOUNTANTS:

Housego Accountancy & Taxation

Office 10

Broadaxe Business Park

Presteigne

Powys

LD8 2UH

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

17,286

20,857

17,286

20,857

CURRENT ASSETS

Stocks

812,131

733,052

Debtors

6

148,767

143,313

Cash at bank and in hand

232,979

416

1,193,877

876,781

CREDITORS

Amounts falling due within one year

7

516,716

212,079

NET CURRENT ASSETS

677,161

664,702

TOTAL ASSETS LESS CURRENT LIABILITIES

694,447

685,559

CAPITAL AND RESERVES

Called up share capital

1,000

1,000

Retained earnings

693,447

684,559

694,447

685,559

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.

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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 31 July 2026 and were signed on its behalf by:

I D Mills - Director

1.	STATUTORY INFORMATION

Western Farm Services (Knighton) 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.	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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2011, is being amortised evenly over its estimated useful life of ten years.

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

Depreciation is provided at the following annual rates in order to write off each asset over its estimated useful life.

Plant & machinery 20% on a reducing balance basis

Motor vehicles 25% on a reducing balance basis

Fixtures & fittings 20% on a reducing balance basis

Office equipment 20% on a reducing balance basis

Improvements to property 10% on a reducing balance basis

Stocks

Stocks and work in progress are valued at the lower of cost and net realisable value, after making due allowance for obsolete and slow moving items.

Cost is calculated using the first-in, first-out method and includes all purchase, transport, and handling costs in bringing stocks to their present location and condition.

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.

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 6 (2024 - 6 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 November 2024

and 31 October 2025

60,000

AMORTISATION

At 1 November 2024

and 31 October 2025

60,000

NET BOOK VALUE

At 31 October 2025

-

At 31 October 2024

-

5.	TANGIBLE FIXED ASSETS

Improvements

Fixtures

to

Plant and

and

property

machinery

fittings

£

£

£

COST

At 1 November 2024

and 31 October 2025

12,472

41,511

14,010

DEPRECIATION

At 1 November 2024

8,457

36,378

12,812

Charge for year

402

1,026

240

At 31 October 2025

8,859

37,404

13,052

NET BOOK VALUE

At 31 October 2025

3,613

4,107

958

At 31 October 2024

4,015

5,133

1,198

Motor

Computer

vehicles

equipment

Totals

£

£

£

COST

At 1 November 2024

and 31 October 2025

25,675

9,220

102,888

DEPRECIATION

At 1 November 2024

17,162

7,222

82,031

Charge for year

1,703

200

3,571

At 31 October 2025

18,865

7,422

85,602

NET BOOK VALUE

At 31 October 2025

6,810

1,798

17,286

At 31 October 2024

8,513

1,998

20,857

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

146,060

143,313

Other debtors

2,707

-

148,767

143,313

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade creditors

371,626

35,596

Taxation and social security

11,697

23,353

Other creditors

133,393

153,130

516,716

212,079