Stanton Farms Ltd - Accounts to registrar (filleted)

REGISTERED NUMBER: 01232108 (England and Wales)

UNAUDITED FINANCIAL STATEMENTS

FOR THE PERIOD 1 SEPTEMBER 2024 TO 31 DECEMBER 2025

FOR

STANTON FARMS LTD

Page

Company Information

1

Statement of Financial Position

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs C M Kerss

W R S Kerss

SECRETARY:

E N Stanton

REGISTERED OFFICE:

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

REGISTERED NUMBER:

01232108 (England and Wales)

ACCOUNTANTS:

Wheelers

Chartered Accountants & Tax Consultants

27-29 Old Market

Wisbech

Cambridgeshire

PE13 1NE

FIXED ASSETS

Tangible assets

4

906,313

986,484

Investments

5

7,758

7,240

Investment property

6

475,000

350,000

1,389,071

1,343,724

CURRENT ASSETS

Stocks

26,606

56,270

Debtors

7

353,574

392,445

Cash at bank

19,240

21,030

399,420

469,745

CREDITORS

Amounts falling due within one year

8

129,889

192,251

NET CURRENT ASSETS

269,531

277,494

TOTAL ASSETS LESS CURRENT
LIABILITIES

1,658,602

1,621,218

CREDITORS

Amounts falling due after more than one
year

9

(246,912

)

(317,499

)

PROVISIONS FOR LIABILITIES

(213,446

)

(202,305

)

NET ASSETS

1,198,244

1,101,414

CAPITAL AND RESERVES

Called up share capital

7,500

Revaluation reserve

11

514,015

420,265

Capital redemption reserve

101,500

Retained earnings

575,229

572,149

1,198,244

1,101,414

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

The members have not required the company to obtain an audit of its financial statements for the period 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 Income Statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 4 August 2026 and were signed on its behalf by:

Mrs C M Kerss - Director

1.	STATUTORY INFORMATION

Stanton Farms 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 as modified by the revaluation of certain assets.

The directors believe that the company is well placed to manage its financial risks successfully and have reasonable expectation that it has adequate resources to continue in operational existence for the foreseeable future. Consequently, it continues to adopt the going concern basis of accounting in preparing the annual financial statements.

Changes in reporting period

During the period, the company decided to extend the accounting reference date to 31 December 2025 to be co-terminus with other group companies. The current period is a sixteen month period and the comparatives are for an eight month period, and as such are not entirely comparable.

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.

Freehold buildings

-

4% on cost

Plant and machinery

-

25% on reducing balance, 20% reducing balance and 15% on reducing balance

Motor vehicles

-

25% on reducing balance and 20% reducing balance

Computer equipment

-

33% on cost

Fixed assets are recorded at historic cost less accumulated depreciation and any provisions for impairment, with the exception of the company's land and buildings which were previously revalued on 1 January 1986. Under the transitional provisions of Financial Reporting Standard 15 "Tangible Fixed Assets", the land and buildings continued to be held on that basis and on transition to Financial Reporting Standard 102 Section 1A, the valuation is treated as deemed cost.

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

In accordance with standard accounting practice, investment properties are revalued annually and the aggregate surplus or deficit is transferred to a revaluation reserve. No depreciation or amortisation is provided in respect of freehold investment properties.

Although the Companies Act would normally require the systematic annual depreciation of fixed assets, the directors believe that the policy of not providing depreciation is necessary in order to give a true and fair view, since the current value of investment properties, and changes to that current value, are of prime importance rather than a calculation of systematic annual depreciation. Depreciation is only one of the many factors reflected in the annual valuation, and the amount which might otherwise have been included cannot be separately identified or quantified.

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 period 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 statement of financial position date.

Deferred tax

Deferred tax is recognised in respect of all timing differences that have originated but not reversed at the statement of financial position 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 period 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.

Government grants

Government grants received are treated as deferred income and credited to the profit and loss account over the estimated useful life of the relevant fixed assets.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the period was 2 (2024 - 3 ) .

4.	TANGIBLE FIXED ASSETS

Leasehold

Freehold

Plant and

improvements

buildings

machinery

£

COST OR VALUATION

At 1 September 2024

32,137

928,611

225,522

Additions

-

1,108

1,344

Disposals

-

(25,487

)

At 31 December 2025

32,137

929,719

201,379

DEPRECIATION

At 1 September 2024

32,137

-

168,048

Charge for period

-

61,943

15,359

Eliminated on disposal

-

(20,351

)

At 31 December 2025

32,137

61,943

163,056

NET BOOK VALUE

At 31 December 2025

-

867,776

38,323

At 31 August 2024

-

928,611

57,474

Motor

Computer

vehicles

equipment

Totals

£

COST OR VALUATION

At 1 September 2024

146

4,060

1,190,476

Additions

-

171

2,623

Disposals

(146

)

(3,848

)

(29,481

)

At 31 December 2025

-

383

1,163,618

DEPRECIATION

At 1 September 2024

139

3,668

203,992

Charge for period

2

211

77,515

Eliminated on disposal

(141

)

(3,710

)

(24,202

)

At 31 December 2025

-

169

257,305

NET BOOK VALUE

At 31 December 2025

-

214

906,313

At 31 August 2024

7

392

986,484

Included in cost or valuation of land and buildings is freehold land of £ 151,793 (2024 - £ 151,793 ) which is not depreciated.

Cost or valuation at 31 December 2025 is represented by:

Leasehold

Freehold

Plant and

Computer

improvements

buildings

machinery

equipment

Totals

£

Valuation in 2025

-

928,611

-

928,611

Cost

32,137

1,108

201,379

383

235,007

32,137

929,719

201,379

383

1,163,618

If land and buildings had not been revalued they would have been included at the following historical cost:

31.12.25

31.8.24

£

Cost

297,987

296,879

Aggregate depreciation

155,040

149,192

Value of land in freehold land and buildings

151,793

Land and buildings were valued on an open market basis on 31 December 2025 by Brown & Co .

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

Plant and

machinery

£

COST OR VALUATION

At 1 September 2024

50,000

Transfer to ownership

(50,000

)

At 31 December 2025

-

DEPRECIATION

At 1 September 2024

23,653

Charge for period

7,026

Transfer to ownership

(30,679

)

At 31 December 2025

-

NET BOOK VALUE

At 31 December 2025

-

At 31 August 2024

26,347

5.	FIXED ASSET INVESTMENTS

31.12.25

31.08.24

£

Shares in group undertakings

5,787

Other investments not loans

1,971

1,453

7,758

7,240

Additional information is as follows:

Shares in

group

undertakings

£

COST

At 1 September 2024

5,787

Revaluation

-

NET BOOK VALUE

At 31 December 2025

5,787

At 31 August 2024

5,787

Investments other than loans

Listed

Unlisted

Total

£

At 1 September 2024

1,453

-

1,453

Disposals

-

Revaluation

518

-

518

At 31 December 2025

1,971

-

1,971

6.	INVESTMENT PROPERTY

Total

£

FAIR VALUE

At 1 September 2024

350,000

Revaluations

125,000

At 31 December 2025

475,000

NET BOOK VALUE

At 31 December 2025

475,000

At 31 August 2024

350,000

Fair value at 31 December 2025 is represented by:

£

Valuation in 2025

475,000

If investment properties had not been revalued they would have been included at the following historical cost:

31.12.25

31.8.24

£

Cost

139,350

Investment properties were valued on an open market basis on 31 December 2025 by the directors .

7.

DEBTORS

31.12.25

31.8.24

£

Amounts falling due within one year:

Trade debtors

8,575

3,829

Amounts owed by group undertakings

74,057

135,558

Other debtors

79,923

34,679

162,555

174,066

Amounts falling due after more than one year:

Amounts owed by group undertakings

191,019

218,379

Aggregate amounts

353,574

392,445

8.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

31.12.25

31.8.24

£

Bank loans and overdrafts

50,612

47,485

Hire purchase contracts

-

1,425

Trade creditors

9,169

7,737

Amounts owed to group undertakings

15,962

-

Taxation and social security

17,924

19,059

Other creditors

36,222

116,545

129,889

192,251

9.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN ONE
YEAR

31.12.25

31.8.24

£

Bank loans

243,910

313,263

Other creditors

3,002

4,236

246,912

317,499

31.12.25

31.8.24

£

Amounts falling due in more than five years:

Repayable by instalments

Bank loans due in more than 5

years by instalments

75,861

113,944

75,861

113,944

10.	SECURED DEBTS

The following secured debts are included within creditors:

31.12.25

31.8.24

£

Bank loans

294,522

360,748

Hire purchase contracts

-

1,425

294,522

362,173

11.

RESERVES

Revaluation

reserve

£

At 1 September 2024

420,265

Revaluation

125,000

Reclassification

(31,250

)

At 31 December 2025

514,015

12.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

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

31.12.25

31.8.24

£

Mrs C M Kerss

Balance outstanding at start of period

-

Amounts advanced

52,694

-

Amounts repaid

(26,657

)

-

Amounts written off

-

Amounts waived

-

Balance outstanding at end of period

26,037

-