REGISTERED NUMBER: 06364584 (England and Wales)

Unaudited Financial Statements

for the Year Ended 28 February 2026

for

BRAMBLES FARM LTD

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

Accountants' Report

9

Directors:

C J Stroud

J E Wilkins

S M Wilkins

J L Stroud

Secretary:

J E Wilkins

Registered office:

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Registered number:

06364584 (England and Wales)

Accountants:

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

Fixed assets

Intangible assets

4

880

1,320

Tangible assets

5

156,285

179,870

157,165

181,190

Current assets

Stocks

219,565

215,678

Debtors

112,758

149,958

Cash at bank and in hand

11,300

6,857

343,623

372,493

Creditors

Amounts falling due within one year

379,531

384,863

Net current liabilities

(35,908

)

(12,370

)

Total assets less current liabilities

121,257

168,820

Creditors

Amounts falling due after more than one year

(17,554

)

(66,976

)

Provisions for liabilities

(44,510

)

(48,016

)

Net assets

59,193

53,828

Capital and reserves

Called up share capital

106

106

Retained earnings

59,087

53,722

Shareholders' funds

59,193

53,828

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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 Income Statement and an abridged Balance Sheet for the year ended 28 February 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 8 July 2026 and were signed on its behalf by:

C J Stroud - Director

J E Wilkins - Director

1.	STATUTORY INFORMATION

Brambles Farm 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.

The presentation currency of the financial statements is the Pound Sterling (£).

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.

The financial statements have been prepared under the going concern basis of accounting.

Turnover

Turnover is measured at the fair value of the consideration received or receivable, excluding discounts, rebates, value added tax and other sales taxes.

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.

Computer software is being amortised evenly over its estimated useful life of five years.

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.

Fixtures and fittings

-

at variable rates on reducing balance

Motor vehicles

-

25% on reducing balance

Computer equipment

-

20% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 20 (2025 - 21 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

and 28 February 2026

2,200

AMORTISATION

At 1 March 2025

880

Amortisation for year

440

At 28 February 2026

1,320

NET BOOK VALUE

At 28 February 2026

880

At 28 February 2025

1,320

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 March 2025

402,381

Additions

790

Disposals

(12,495

)

At 28 February 2026

390,676

DEPRECIATION

At 1 March 2025

222,511

Charge for year

15,145

Eliminated on disposal

(3,265

)

At 28 February 2026

234,391

NET BOOK VALUE

At 28 February 2026

156,285

At 28 February 2025

179,870

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

Totals

£

COST

At 1 March 2025

101,476

Disposals

(12,495

)

At 28 February 2026

88,981

DEPRECIATION

At 1 March 2025

11,477

Charge for year

8,270

Eliminated on disposal

(3,265

)

At 28 February 2026

16,482

NET BOOK VALUE

At 28 February 2026

72,499

At 28 February 2025

89,999

6.	LEASING AGREEMENTS

Minimum lease payments fall due as follows:

Hire purchase

contracts

28/2/26

28/2/25

£

£

Net obligations repayable:

Within one year

14,182

21,838

Between one and five years

17,554

34,653

31,736

56,491

Non-cancellable

operating leases

28/2/26

28/2/25

£

£

Within one year

7,643

4,576

Between one and five years

-

1,907

7,643

6,483

7.	SECURED DEBTS

The following secured debts are included within creditors:

28/2/26

28/2/25

£

£

Bank overdrafts

61,633

102,393

Bank loans

15,468

50,723

Hire purchase contracts

31,736

56,491

108,837

209,607

Bank facilities are secured by a floating and a fixed charge which covers all property or undertakings of the company.

The hire purchase balance is secured on the assets to which the balance relates.

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

28/2/26

28/2/25

£

£

J E Wilkins and S M Wilkins

Balance outstanding at start of year

9,349

717

Amounts advanced

23,292

15,679

Amounts repaid

(21,944

)

(7,047

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

10,697

9,349

C J Stroud and J L Stroud

Balance outstanding at start of year

16,358

702

Amounts advanced

17,824

22,547

Amounts repaid

(21,920

)

(6,891

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

12,262

16,358

Interest has been charged at a rate of 2.25% per annum up to April 2025 and 3.75% thereafter, and are repayable on demand.

The following reproduces the text of the report prepared for the directors in respect of the company's annual unaudited financial statements. In accordance with the Companies Act 2006, the company is only required to file a Balance Sheet. Readers are cautioned that the Abridged Income Statement and certain other primary statements and the Report of the Directors are not required to be filed with the Registrar of Companies.

In order to assist you to fulfil your duties under the Companies Act 2006, we have prepared for your approval the financial statements of Brambles Farm Ltd for the year ended 28 February 2026 which comprise the Abridged Income Statement, Abridged Balance Sheet and the related notes from the company's accounting records and from information and explanations you have given us.

As a practising member firm of the Association of Chartered Certified Accountants, we are subject to its ethical and other professional requirements which are detailed at accaglobal.com/rulebook.

This report is made solely to the Board of Directors of Brambles Farm Ltd, as a body, in accordance with the terms of our engagement letter dated 2 May 2024. Our work has been undertaken solely to prepare for your approval the financial statements of Brambles Farm Ltd and state those matters that we have agreed to state to the Board of Directors of Brambles Farm Ltd, as a body, in this report in accordance with the requirements of the Association of Chartered Certified Accountants as detailed at

https://www.accaglobal.com/gb/en/technical-activities/technical-resources-

search/2009/october/factsheet-163-audit-exempt-companies.html.

To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than the company and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that Brambles Farm Ltd has kept adequate accounting records and to prepare statutory financial statements that give a true and fair view of the assets, liabilities, financial position and profit of Brambles Farm Ltd. You consider that Brambles Farm Ltd is exempt from the statutory audit requirement for the year.

We have not been instructed to carry out an audit or a review of the financial statements of Brambles Farm Ltd. For this reason, we have not verified the accuracy or completeness of the accounting records or information and explanations you have given to us and we do not, therefore, express any opinion on the statutory financial statements.

Mitchell Gordon LLP

43 Coniscliffe Road

Darlington

Co. Durham

DL3 7EH

8 July 2026