REGISTERED NUMBER: 11037670 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 October 2025

for

Andrew Corrigan Ltd

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

3

DIRECTOR:

A Corrigan

REGISTERED OFFICE:

Eastgate Farm

Main Street

Thwing

Driffield

YO25 3DS

REGISTERED NUMBER:

11037670 (England and Wales)

ACCOUNTANTS:

Smailes Goldie Limited

Chartered Accountants

Regent's Court

Princess Street

Hull

East Yorkshire

HU2 8BA

FIXED ASSETS

Tangible assets

4

423,598

311,380

CURRENT ASSETS

Stocks

135,884

88,176

Debtors

5

305,217

222,491

Cash at bank

240,827

176,916

681,928

487,583

CREDITORS

Amounts falling due within one year

6

375,952

373,043

NET CURRENT ASSETS

305,976

114,540

TOTAL ASSETS LESS CURRENT LIABILITIES

729,574

425,920

CREDITORS

Amounts falling due after more than one year

7

(49,000

)

(26,317

)

PROVISIONS FOR LIABILITIES

(105,900

)

-

NET ASSETS

574,674

399,603

CAPITAL AND RESERVES

Called up share capital

10

10

Retained earnings

574,664

399,593

574,674

399,603

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 director acknowledges his 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 director and authorised for issue on 31 July 2026 and were signed by:

A Corrigan - Director

1.	STATUTORY INFORMATION

Andrew Corrigan Ltd 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, all of which arose in the United Kingdom, is measured at the fair value of the consideration received or receivable net of VAT and trade discounts.

Turnover is recognised when significant risks and rewards of ownership of the goods have transferred to the buyer, the amount of turnover can be measured reliably, it is probable that the economic benefits associated with the transaction will flow to the company the costs incurred or to be incurred in respect of the transaction can be measured reliably. This is usually when the farm products have been delivered.

Tangible fixed assets

Tangible fixed assets are stated at cost (or deemed cost) or valuation less accumulated depreciation and accumulated impairment losses. Cost includes costs directly attributable to making the asset capable of operating as intended.

Depreciation of fixed assets is charged by annual instalments commencing with the year of acquisition at rates estimated to write off their cost less any residual value over the expected useful lives.

The annual rates used are as follows:

Plant and machinery

- 25% reducing balance

Stocks

Stocks, including biological assets, are stated at the lower of cost and net realisable value. Cost is determined using the first-in, first-out (FIFO) method and represents costs incurred to date to bring growing crops and finished produce to its current state. Net realisable value is the estimated selling price in the ordinary course of business, less applicable variable selling expenses.

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.

Hire purchase and leasing commitments

Tangible fixed assets acquired under hire purchase agreements are capitalised at the estimated fair value at the date of inception of each contract. The finance charges are allocated over the period of the contract in accordance with the straight line method.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was NIL (2024 - NIL).

4.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 November 2024

374,262

Additions

265,297

Disposals

(63,991

)

At 31 October 2025

575,568

DEPRECIATION

At 1 November 2024

62,882

Charge for year

105,047

Eliminated on disposal

(15,959

)

At 31 October 2025

151,970

NET BOOK VALUE

At 31 October 2025

423,598

At 31 October 2024

311,380

5.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

164,103

62,441

Other debtors

141,114

160,050

305,217

222,491

6.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts

55,717

26,317

Trade creditors

187,488

271,964

Taxation and social security

68,569

37,605

Other creditors

64,178

37,157

375,952

373,043

7.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts

49,000

26,317

8.	RELATED PARTY DISCLOSURES

Other related party transactions

2025

2024

£

£

Loan due from related parties

110,000

110,000