Feversham Freerange Eggs Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 06800846 (England and Wales)

Unaudited Financial Statements for the Year Ended 31 December 2025

for

Feversham Freerange Eggs Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

C E Mear

Mrs J Mear

REGISTERED OFFICE:

Wood Farm

Vicarage Road

Waresley Nr Sandy

Bedfordshire

SG19 3DA

REGISTERED NUMBER:

06800846 (England and Wales)

ACCOUNTANTS:

Hardcastle Burton LLP

Lake House

Market Hill

Royston

Hertfordshire

SG8 9JN

FIXED ASSETS

Tangible assets

4

2,556,101

2,636,902

Investments

5

1

2,556,102

2,636,903

CURRENT ASSETS

Stocks

158,406

215,435

Debtors

6

690,315

322,561

Cash at bank

216,690

188,002

1,065,411

725,998

CREDITORS

Amounts falling due within one year

7

505,026

282,021

NET CURRENT ASSETS

560,385

443,977

TOTAL ASSETS LESS CURRENT
LIABILITIES

3,116,487

3,080,880

CREDITORS

Amounts falling due after more than one
year

8

(1,470,558

)

(1,539,339

)

PROVISIONS FOR LIABILITIES

-

(39,783

)

NET ASSETS

1,645,929

1,501,758

CAPITAL AND RESERVES

Called up share

10

100

Retained earnings

1,645,829

1,501,658

SHAREHOLDERS' FUNDS

1,645,929

1,501,758

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 December 2025.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 December 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 Statement of Income and Retained Earnings has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 27 July 2026 and were signed on its behalf by:

C E Mear - Director

1.	STATUTORY INFORMATION

Feversham Freerange Eggs 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.

Tangible fixed assets

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

Freehold property

-

not provided

Plant and machinery

-

15% on cost and Straight line over 20 years

Fixtures and fittings

-

15% on cost

Motor vehicles

-

15% on cost

Assets under construction are not depreciated until they are brought into use.

Stocks

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

Financial instruments

The company has elected to apply the provisions of Section 11 'Basic Financial Instruments' of FRS 102 to all of its financial instruments.

Financial instruments are recognised in the company's statement of financial position when the company becomes party to the contractual provisions of the instrument.

Basic financial assets

Basic financial assets, which include debtors, are initially measured at transaction price including transaction costs and are subsequently carried at amortised cost using the effective interest method unless the arrangement constitutes a financing transaction, where the transaction is measured at the present value of the future receipts discounted at a market rate of interest. Financial assets classified as receivable within one year are not amortised.

Basic financial liabilities

Basic financial liabilities, including creditors and loans that are classified as debt, are initially recognised at transaction price unless the arrangement constitutes a financing transaction, where the debt instrument is measured at the present value of the future payments discounted at a market rate of interest. Financial liabilities classified as payable within one year are not amortised.

Trade creditors are obligations to pay for goods or services that have been acquired in the ordinary course of business from suppliers. Amounts payable are classified as current liabilities if payment is due within one year or less. If not, they are presented as non-current liabilities. Trade creditors are recognised initially at transaction price and subsequently measured at amortised cost using the effective interest method.

Taxation

Taxation for the year comprises current and deferred tax. Tax is recognised in the Statement of Income and Retained Earnings, 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

Rentals paid under operating leases are charged to profit or loss on a straight line basis over the period of the lease.

3.	EMPLOYEES AND DIRECTORS

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

4.	TANGIBLE FIXED ASSETS

Fixtures

Freehold

Plant and

and

Motor

property

machinery

fittings

vehicles

Totals

£

COST

At 1 January 2025

1,345,858

2,318,622

268,744

32,525

3,965,749

Additions

30,703

3,156

497

17,300

51,656

At 31 December 2025

1,376,561

2,321,778

269,241

49,825

4,017,405

DEPRECIATION

At 1 January 2025

-

1,057,087

265,942

5,818

1,328,847

Charge for year

-

126,600

762

5,095

132,457

At 31 December 2025

-

1,183,687

266,704

10,913

1,461,304

NET BOOK VALUE

At 31 December 2025

1,376,561

1,138,091

2,537

38,912

2,556,101

At 31 December 2024

1,345,858

1,261,535

2,802

26,707

2,636,902

The net book value of assets on hire purchase is as follows:

Plant & machinery - £83,800 (2023 - £99,513)

5.	FIXED ASSET INVESTMENTS

Interest

in joint

venture

£

COST

At 1 January 2025

and 31 December 2025

1

NET BOOK VALUE

At 31 December 2025

1

At 31 December 2024

1

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Trade debtors

94,881

113,083

Directors' loan accounts

167,659

188,440

VAT

52,162

-

Prepayments and accrued income

375,613

21,038

690,315

322,561

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.12.24

£

Bank loans and overdrafts

55,553

53,578

Other loans

69,795

109,113

Hire purchase contracts

12,950

Trade creditors

327,709

50,674

Tax

2,636

9,376

VAT

-

1,397

Other creditors

25,694

35,014

Accrued expenses

10,689

9,919

505,026

282,021

8.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.12.24

£

Bank loans - 1-2 years

57,592

55,543

Bank loans - 2-5 years

191,218

182,809

Bank loans more 5 yr by instal

1,200,165

1,266,454

Hire purchase contracts

21,583

34,533

1,470,558

1,539,339

Amounts falling due in more than five years:

Repayable by instalments

Bank loans more 5 yr by instal

1,200,165

1,266,454

9.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.12.24

£

Bank loans

1,504,528

1,558,384

Hire purchase contracts

34,533

47,483

1,539,061

1,605,867

Bank loans are secured by fixed and floating charges over the company assets.

Hire purchase liabilities are secured against the individual assets to which the liabilities relate.

10.	CALLED UP SHARE

Allotted, issued and fully paid:

Number:

Class:

Nominal

31.12.25

31.12.24

value:

£

100

Ordinary

100

11.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to a director subsisted during the years ended 31 December 2025 and 31 December 2024:

31.12.25

31.12.24

£

C E Mear

Balance outstanding at start of year

188,440

(88,064

)

Amounts advanced

219,467

476,819

Amounts repaid

(180,312

)

(200,315

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

227,595

188,440

Interest was charged on the above loan at HMRC's approved rate of 3.75%.

12.	POST BALANCE SHEET EVENTS

Post year end, but before the accounts have been approved by the members, the company took out a bank loan with NatWest Bank Plc to fund a new poultry unit. The loan has been authorised for up to £2.3M, but will be drawn down in stages as construction activity progresses and the terms include a 12 month capital repayment holiday. As this event occurred after the reporting period, it represents a non-adjusting event. Consequently, no adjustments have been made to the financial statements at 31 December 2025.