REGISTERED NUMBER: 00842089 (England and Wales)

AUDITED FINANCIAL STATEMENTS

FOR THE YEAR ENDED 31 AUGUST 2025

FOR

MOLESCROFT FARMS LIMITED

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

M J W Hall

Mrs C D Hall

Miss J J W Hall

Miss T C W Hall

Mrs C R W Parsonage

SECRETARY:

Miss T C W Hall

REGISTERED OFFICE:

Manor Farm

Manor House Lane

Walkington

Beverley

East Yorkshire

HU17 8SU

REGISTERED NUMBER:

00842089 (England and Wales)

AUDITORS:

BCO Accountants LLP

Chartered Certified Accountants

and Statutory Auditors

Driffield

FIXED ASSETS

Tangible assets

4

4,211,717

4,176,145

Investments

5

1,043,200

920,638

5,254,917

5,096,783

CURRENT ASSETS

Stocks

324,584

315,133

Debtors

6

302,193

353,583

Cash at bank

844,932

940,119

1,471,709

1,608,835

CREDITORS

Amounts falling due within one year

7

(1,698,380

)

(1,038,512

)

NET CURRENT (LIABILITIES)/ASSETS

(226,671

)

570,323

TOTAL ASSETS LESS CURRENT LIABILITIES

5,028,246

5,667,106

CREDITORS

Amounts falling due after more than one year

8

(20,833

)

-

PROVISIONS FOR LIABILITIES

11

(209,100

)

(211,400

)

NET ASSETS

4,798,313

5,455,706

CAPITAL AND RESERVES

Called up share capital

1,251,000

1,251,000

Share premium

698,167

698,167

Fair value reserve

12

216,974

124,177

Retained earnings

2,632,172

3,382,362

SHAREHOLDERS' FUNDS

4,798,313

5,455,706

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 13 May 2026 and were signed on its behalf by:

Miss T C W Hall - Director

Mrs C R W Parsonage - Director

1.	STATUTORY INFORMATION

Molescroft Farms 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 as modified by the revaluation of certain assets.

Preparation of consolidated financial statements

The ultimate parent company is Molescroft Farm Estate Limited. The registered office of Molescroft Farm Estate Limited is Molescroft Farm, Grange Way, Beverley, HU17 9FS.

The financial statements of the company are consolidated in the financial statements of Molescroft Farm Estate Limited . These consolidated financial statements are available from its registered office, Molescroft Farm, Grange Way, Beverley, HU17 9FS.

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.

Land and buildings

-

2% on cost and not provided

Plant and machinery etc

-

25% on reducing balance, at variable rates on reducing balance and Straight line over 20 years

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.

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.

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.

Investments

Investments comprise investments in quoted equity instruments which are measured at fair value. Changes in fair value are recognised in profit or loss. Fair value is calculated as the market value at the balance sheet date.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2024 - 8 ) .

4.	TANGIBLE FIXED ASSETS

Plant and

Land and

machinery

buildings

etc

Totals

£

£

£

COST

At 1 September 2024

4,069,609

1,967,965

6,037,574

Additions

92,560

180,904

273,464

Disposals

-

(59,000

)

(59,000

)

At 31 August 2025

4,162,169

2,089,869

6,252,038

DEPRECIATION

At 1 September 2024

481,975

1,379,454

1,861,429

Charge for year

53,446

175,872

229,318

Eliminated on disposal

-

(50,426

)

(50,426

)

At 31 August 2025

535,421

1,504,900

2,040,321

NET BOOK VALUE

At 31 August 2025

3,626,748

584,969

4,211,717

At 31 August 2024

3,587,634

588,511

4,176,145

Included in cost of land and buildings is freehold land of £ 1,489,892 (2024 - £ 1,489,892 ) which is not depreciated.

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

Plant and

machinery

etc

£

COST

Additions

100,000

At 31 August 2025

100,000

DEPRECIATION

Charge for year

25,000

At 31 August 2025

25,000

NET BOOK VALUE

At 31 August 2025

75,000

5.	FIXED ASSET INVESTMENTS

Other

investments

£

COST OR VALUATION

At 1 September 2024

920,638

Additions

29,765

Revaluations

92,797

At 31 August 2025

1,043,200

NET BOOK VALUE

At 31 August 2025

1,043,200

At 31 August 2024

920,638

Cost or valuation at 31 August 2025 is represented by:

Other

investments

£

Valuation in 2025

1,043,185

Cost

15

1,043,200

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Trade debtors

213,962

333,915

Other debtors

88,231

19,668

302,193

353,583

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

16,667

-

Trade creditors

193,579

110,213

Taxation and social security

90,883

92,284

Other creditors

1,397,251

836,015

1,698,380

1,038,512

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE YEAR

2025

2024

£

£

Hire purchase contracts (see note 9)

20,833

-

9.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

2025

2024

£

£

Net obligations repayable:

Within one year

16,667

-

Between one and five years

20,833

-

37,500

-

Non-cancellable

operating leases

2025

2024

£

£

Within one year

4,311

5,748

Between one and five years

-

4,311

4,311

10,059

10.	SECURED DEBTS

The following secured debts are included within creditors:

2025

2024

£

£

Hire purchase contracts

37,500

-

Hire purchase liabilities are secured on the asset that were purchased with this finance.

11.	PROVISIONS FOR LIABILITIES

2025

2024

£

£

Deferred tax

209,100

211,400

Deferred

tax

£

Balance at 1 September 2024

211,400

Credit to Income Statement during year

(2,300

)

Release

Balance at 31 August 2025

209,100

12.

RESERVES

Fair

value

reserve

£

At 1 September 2024

124,177

Gain on revaluation of investments

92,797

At 31 August 2025

216,974

13.	DISCLOSURE UNDER SECTION 444(5B) OF THE COMPANIES ACT 2006

The Report of the Auditors was unqualified.

Christopher Bryan Wilson FCCA (Senior Statutory Auditor)

for and on behalf of BCO Accountants LLP

14.	ULTIMATE CONTROLLING PARTY