K W Naylor and Son (Holdings) Limited - Accounts to registrar (filleted)

REGISTERED NUMBER: 09537064 (England and Wales)

Unaudited Financial Statements

for the Year Ended 31 December 2025

for

K W Naylor and Son (Holdings) Limited

Page

Company information

1

Chartered accountants' report

2

Statement of financial position

3

to

4

Notes to the financial statements

5

to

10

Directors:

M J W Naylor

N W Naylor

Mrs C M Naylor

Registered office:

The Old Packhouse

Sycamore Farm

Moulton Common

Spalding

Lincolnshire

PE12 6LF

Business address:

The Old Pack House

Sycamore Farm

Moulton Common

Spalding

Lincolnshire

PE12 6LF

Registered number:

09537064 (England and Wales)

Accountants:

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

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 Statement of financial position. Readers are cautioned that the 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 K W Naylor and Son (Holdings) Limited for the year ended 31 December 2025 which comprise the Income statement, Statement of financial position 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 Institute of Chartered Accountants in England and Wales (ICAEW), we are subject to its ethical and other professional requirements which are detailed within the ICAEW's regulations and guidance at http://www.icaew.com/en/membership/regulations-standards-and-guidance.

This report is made solely to the Board of Directors of K W Naylor and Son (Holdings) Limited, as a body, in accordance with the terms of our engagement letter dated 10 February 2026. Our work has been undertaken solely to prepare for your approval the financial statements of K W Naylor and Son (Holdings) Limited and state those matters that we have agreed to state to the Board of Directors of K W Naylor and Son (Holdings) Limited, as a body, in this report in accordance with ICAEW Technical Release 07/16AAF. To the fullest extent permitted by law, we do not accept or assume responsibility to anyone other than K W Naylor and Son (Holdings) Limited and its Board of Directors, as a body, for our work or for this report.

It is your duty to ensure that K W Naylor and Son (Holdings) Limited 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 K W Naylor and Son (Holdings) Limited. You consider that K W Naylor and Son (Holdings) Limited 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 K W Naylor and Son (Holdings) Limited. 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.

Moore Thompson

27 Market Place

Market Deeping

Peterborough

Cambridgeshire

PE6 8EA

10 August 2026

Fixed assets

Tangible assets

5

2,294,828

2,278,905

Investments

6

90

Investment property

7

261,144

2,556,062

2,540,139

Current assets

Debtors

8

622,879

760,526

Cash at bank

28,149

23,067

651,028

783,593

Creditors

Amounts falling due within one year

9

155,630

210,202

Net current assets

495,398

573,391

Total assets less current liabilities

3,051,460

3,113,530

Creditors

Amounts falling due after more than one
year

10

(104,996

)

(189,257

)

Provisions for liabilities

(458,818

)

(348,066

)

Net assets

2,487,646

2,576,207

Capital and reserves

Called up share capital

12

730,000

760,000

Revaluation reserve

13

1,303,232

1,416,665

Capital redemption reserve

13

70,000

40,000

Retained earnings

13

384,414

359,542

Shareholders' funds

2,487,646

2,576,207

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 Income statement has not been delivered.

The financial statements were approved by the Board of Directors and authorised for issue on 10 August 2026 and were signed on its behalf by:

M J W Naylor - Director

1.	Statutory information

K W Naylor and Son (Holdings) 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.

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

2.	Statement of compliance

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.

3.	Accounting policies

Basis of preparing the financial statements

The financial statements have been prepared under the historical cost convention as modified by the revaluation of certain assets.

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 depreciated

Renewable energy equipment

-

15% on reducing balance and Straight line over 20 years

Investments in subsidiaries

Investments in subsidiary undertakings are recognised at cost.

Investment property

Investment property is shown at most recent valuation. Any aggregate surplus or deficit arising from changes in fair value is recognised in profit or loss.

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 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 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.

4.	Employees and directors

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

5.	Tangible fixed assets

Plant and

Land and

machinery

buildings

etc

Totals

£

Cost or valuation

At 1 January 2025

2,170,000

229,710

2,399,710

Additions

26,747

-

26,747

At 31 December 2025

2,196,747

229,710

2,426,457

Depreciation

At 1 January 2025

-

120,805

Charge for year

-

10,824

At 31 December 2025

-

131,629

Net book value

At 31 December 2025

2,196,747

98,081

2,294,828

At 31 December 2024

2,170,000

108,905

2,278,905

Cost or valuation at 31 December 2025 is represented by:

Plant and

Land and

machinery

buildings

etc

Totals

£

Valuation in 2021

1,344,964

-

1,344,964

Cost

851,783

229,710

1,081,493

2,196,747

229,710

2,426,457

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

2025

2024

£

Cost

856,283

825,036

Aggregate depreciation

392,678

Value of land in freehold land and buildings

68,045

Freehold land and buildings were included in the accounts for the year ended 31 December 2024 based on the valuation on an open market basis on 8 July 2021 by Strutt & Parker.

6.	Fixed asset investments

Shares in

group

undertaking

£

Cost

At 1 January 2025

and 31 December 2025

90

Net book value

At 31 December 2025

90

At 31 December 2024

90

The company's investments at the Statement of Financial Position date in the share capital of companies include the following:

Naylor Flowers Limited

Registered office: The Old Packhouse, Sycamore Farm, Moulton Commons, Spalding, Lincolnshire, PE12 6LF

Nature of business: Flowers, bulb and produce growers

%

Class of Shares:

holding

Ordinary A

90.00

7.	Investment property

Total

£

Fair value

At 1 January 2025

and 31 December 2025

261,144

Net book value

At 31 December 2025

261,144

At 31 December 2024

261,144

8.

Debtors

2025

2024

£

Amounts falling due within one year:

Other debtors

18,169

35,677

Amounts falling due after more than one year:

Amounts owed by group undertakings

604,710

723,639

Other debtors

-

1,210

604,710

724,849

Aggregate amounts

622,879

760,526

9.

Creditors: amounts falling due within one year

2025

2024

£

Bank loans and overdrafts

81,443

78,625

Trade creditors

221

422

Taxation and social security

49,756

36,763

Other creditors

24,210

94,392

155,630

210,202

10.

Creditors: amounts falling due after more than one year

2025

2024

£

Bank loans

104,996

189,257

11.	Secured debts

The following secured debts are included within creditors:

2025

2024

£

Bank loans

186,439

267,882

The bank loan is secured by fixed and floating charges on property held by the company

12.	Called up share capital

Allotted, issued and fully paid:

Number:

Class:

Nominal

2025

2024

value:

£

200,000

Ordinary A

£1

165,000

180,000

400,000

Ordinary B

£1

400,000

200,000

Ordinary C

£1

165,000

180,000

730,000

760,000

13.

Reserves

Capital

Retained

Revaluation

redemption

earnings

reserve

Totals

£

At 1 January 2025

359,542

1,416,665

40,000

1,816,207

Profit for the year

119,872

Dividends

(20,000

)

(20,000

)

Purchase of own shares

(75,000

)

-

30,000

(45,000

)

Deferred Tax

-

(113,433

)

-

(113,433

)

At 31 December 2025

384,414

1,303,232

70,000

1,757,646

14.	Directors' advances, credits and guarantees

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

2025

2024

£

M J W Naylor

Balance outstanding at start of year

(72,697

)

(71,997

)

Amounts advanced

103,690

69,440

Amounts repaid

(32,375

)

(70,140

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(1,382

)

(72,697

)

N W Naylor

Balance outstanding at start of year

4,218

45,970

Amounts advanced

31,592

26,888

Amounts repaid

(37,500

)

(68,640

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(1,690

)

4,218

Mrs C M Naylor

Balance outstanding at start of year

(7,787

)

3,204

Amounts advanced

41,825

20,369

Amounts repaid

(37,500

)

(31,360

)

Amounts written off

-

Amounts waived

-

Balance outstanding at end of year

(3,462

)

(7,787

)

15.	Related party disclosures

During the year the company was owed £604,710 (2024: £723,639) by Naylor Flowers Limited, on interest free terms.

K W Naylor and Son (Holdings) Ltd is Naylor Flowers Limited's parent undertaking.