2 false false false false false false false false false false true false false false false false false No description of principal activity 2025-01-01 Sage Accounts Production Advanced 2024 - FRS102_2024 xbrli:pure xbrli:shares iso4217:GBP 02204325 2025-01-01 2025-12-31 02204325 2025-12-31 02204325 2024-12-31 02204325 2024-01-01 2024-12-31 02204325 2024-12-31 02204325 2023-12-31 02204325 core:PlantMachinery 2025-01-01 2025-12-31 02204325 core:FurnitureFittings 2025-01-01 2025-12-31 02204325 core:MotorVehicles 2025-01-01 2025-12-31 02204325 bus:Director2 2025-01-01 2025-12-31 02204325 core:PlantMachinery 2024-12-31 02204325 core:FurnitureFittings 2024-12-31 02204325 core:MotorVehicles 2024-12-31 02204325 core:LandBuildings core:OwnedOrFreeholdAssets 2025-12-31 02204325 core:PlantMachinery 2025-12-31 02204325 core:FurnitureFittings 2025-12-31 02204325 core:MotorVehicles 2025-12-31 02204325 core:WithinOneYear 2025-12-31 02204325 core:WithinOneYear 2024-12-31 02204325 core:AfterOneYear 2025-12-31 02204325 core:AfterOneYear 2024-12-31 02204325 core:ShareCapital 2025-12-31 02204325 core:ShareCapital 2024-12-31 02204325 core:RetainedEarningsAccumulatedLosses 2025-12-31 02204325 core:RetainedEarningsAccumulatedLosses 2024-12-31 02204325 core:LandBuildings core:OwnedOrFreeholdAssets 2024-12-31 02204325 core:PlantMachinery 2024-12-31 02204325 core:FurnitureFittings 2024-12-31 02204325 core:MotorVehicles 2024-12-31 02204325 bus:Director1 2025-01-01 2025-12-31 02204325 bus:SmallEntities 2025-01-01 2025-12-31 02204325 bus:AuditExemptWithAccountantsReport 2025-01-01 2025-12-31 02204325 bus:SmallCompaniesRegimeForAccounts 2025-01-01 2025-12-31 02204325 bus:PrivateLimitedCompanyLtd 2025-01-01 2025-12-31 02204325 bus:FullAccounts 2025-01-01 2025-12-31 02204325 core:AfterOneYear 2025-01-01 2025-12-31 02204325 core:KeyManagementPersonnel 2025-01-01 2025-12-31 02204325 core:CloseFamilyMember1 2025-01-01 2025-12-31
COMPANY REGISTRATION NUMBER: 02204325

Dyas Farms (1988) Limited

Filleted Unaudited Financial Statements

31 December 2025

Dyas Farms (1988) Limited

Financial Statements

Year ended 31 December 2025

Contents | Page

Statement of financial position | 1

Notes to the financial statements | 3

Dyas Farms (1988) Limited

Statement of Financial Position

31 December 2025

| 2025 | 2024
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 156,894 | 159,221

Current assets

Stocks | 145,158 |  | 182,128
Debtors | 6 | 1,837 |  | 17,047
Cash at bank and in hand | 296,527 |  | 220,592
| --------- |  | ---------
| 443,522 |  | 419,767

Creditors: amounts falling due within one year | 7 | 261,804 |  | 309,832
| --------- |  | ---------
Net current assets |  | 181,718 | 109,935
|  | --------- | ---------
Total assets less current liabilities |  | 338,612 | 269,156

Creditors: amounts falling due after more than one year | 8 |  | 242,537 | 249,800

Provisions

Taxation including deferred tax |  | ( 68,470) | ( 97,351)
|  | --------- | ---------
Net assets |  | 164,545 | 116,707
|  | --------- | ---------

Capital and reserves

Called up share capital |  | 100 | 100
Profit and loss account |  | 164,445 | 116,607
|  | --------- | ---------
Shareholders funds |  | 164,545 | 116,707
|  | --------- | ---------

These financial statements have been prepared and delivered in accordance with the provisions applicable to companies subject to the small companies' regime and in accordance with Section 1A of FRS 102 'The Financial Reporting Standard applicable in the UK and Republic of Ireland'.
In accordance with section 444 of the Companies Act 2006, the statement of income and retained earnings has not been delivered.
For the year ending 31 December 2025 the company was entitled to exemption from audit under section 477 of the Companies Act 2006 relating to small companies.
Directors' responsibilities:
- The members have not required the company to obtain an audit of its financial statements for the year in question in accordance with section 476 ;
- The directors acknowledge their responsibilities for complying with the requirements of the Act with respect to accounting records and the preparation of financial statements .

Dyas Farms (1988) Limited

Statement of Financial Position (continued)

31 December 2025
These financial statements were approved by the board of directors and authorised for issue on 5 August 2026 , and are signed on behalf of the board by:

N H Dyas
Director

Company registration number: 02204325

Dyas Farms (1988) Limited

Notes to the Financial Statements

Year ended 31 December 2025
1. General information
The company is a private company limited by shares, registered in England and Wales. The address of the registered office is Sevenscore House, Sevenscore, Nr.Ramsgate, Kent, CT12 5DW.
2. Statement of compliance
These financial statements have been prepared in compliance with Section 1A of FRS 102, 'The Financial Reporting Standard applicable in the UK and the Republic of Ireland'.
3. Accounting policies
Basis of preparation
The financial statements have been prepared on the historical cost basis, as modified by the revaluation of certain financial assets and liabilities and investment properties measured at fair value through profit or loss.
The financial statements are prepared in sterling, which is the functional currency of the entity.
Judgements and key sources of estimation uncertainty
The preparation of the financial statements requires management to make judgements, estimates and assumptions that affect the amounts reported. These estimates and judgements are continually reviewed and are based on experience and other factors, including expectations of future events that are believed to be reasonable under the circumstances.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable for goods supplied and services rendered, net of discounts and Value Added Tax. Revenue from the sale of goods is recognised when the significant risks and rewards of ownership have transferred to the buyer (usually on despatch of the goods); the amount of revenue can be measured reliably; it is probable that the associated economic benefits will flow to the entity; and the costs incurred or to be incurred in respect of the transactions can be measured reliably.
Income tax
The taxation expense represents the aggregate amount of current and deferred tax recognised in the reporting period. Tax is recognised in profit or loss, except to the extent that it relates to items recognised in other comprehensive income or directly in equity. In this case, tax is recognised in other comprehensive income or directly in equity, respectively. Current tax is recognised on taxable profit for the current and past periods. Current tax is measured at the amounts of tax expected to pay or recover using the tax rates and laws that have been enacted or substantively enacted at the reporting date.
Deferred tax is recognised in respect of all timing differences at the reporting date. Unrelieved tax losses and other deferred tax assets are recognised to the extent that it is probable that they will be recovered against the reversal of deferred tax liabilities or other future taxable profits. Deferred tax is measured using the tax rates and laws that have been enacted or substantively enacted by the reporting date that are expected to apply to the reversal of the timing difference.
Tangible assets
Tangible assets are initially recorded at cost, and subsequently stated at cost less any accumulated depreciation and impairment losses. Any tangible assets carried at revalued amounts are recorded at the fair value at the date of revaluation less any subsequent accumulated depreciation and subsequent accumulated impairment losses. An increase in the carrying amount of an asset as a result of a revaluation, is recognised in other comprehensive income and accumulated in equity, except to the extent it reverses a revaluation decrease of the same asset previously recognised in profit or loss. A decrease in the carrying amount of an asset as a result of revaluation, is recognised in other comprehensive income to the extent of any previously recognised revaluation increase accumulated in equity in respect of that asset. Where a revaluation decrease exceeds the accumulated revaluation gains accumulated in equity in respect of that asset, the excess shall be recognised in profit or loss.
Depreciation
Depreciation is calculated so as to write off the cost or valuation of an asset, less its residual value, over the useful economic life of that asset as follows:

| Plant and machinery | - | 16% straight line
| Fixtures and fittings | - | 16% straight line
| Motor vehicles | - | 25% reducing balance

Impairment of fixed assets
A review for indicators of impairment is carried out at each reporting date, with the recoverable amount being estimated where such indicators exist. Where the carrying value exceeds the recoverable amount, the asset is impaired accordingly. Prior impairments are also reviewed for possible reversal at each reporting date. For the purposes of impairment testing, when it is not possible to estimate the recoverable amount of an individual asset, an estimate is made of the recoverable amount of the cash-generating unit to which the asset belongs. The cash-generating unit is the smallest identifiable group of assets that includes the asset and generates cash inflows that largely independent of the cash inflows from other assets or groups of assets.
Stocks
Stocks are measured at the lower of cost and estimated selling price less costs to complete and sell. Cost includes all costs of purchase, costs of conversion and other costs incurred in bringing the stock to its present location and condition.
Provisions
Provisions are recognised when the entity has an obligation at the reporting date as a result of a past event, it is probable that the entity will be required to transfer economic benefits in settlement and the amount of the obligation can be estimated reliably. Provisions are recognised as a liability in the statement of financial position and the amount of the provision as an expense.
Financial instruments
Financial liabilities and equity instruments are classified according to the substance of the contractual arrangements entered into. Debtors and creditors with no stated interest rate and receivable or payable within one year are recorded at transaction price. Any losses arising from impairment are recognised in the profit and loss account in other administrative expenses. Loans and borrowings are initially recognised at the transaction price including transaction costs. Subsequently, they are measured at amortised cost using the effective interest rate method, less impairment. If an arrangement constitutes a finance transaction it is measured at present value.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 2 (2024: 2 ).
5. Tangible assets

| Freehold property | Plant and machinery | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £ | £
Cost |  |  |  |  |
At 1 January 2025 and 31 December 2025 | 151,993 | 222,582 | 19,246 | 15,467 | 409,288
| --------- | --------- | -------- | -------- | ---------
Depreciation |  |  |  |  |
At 1 January 2025 | – | 216,329 | 18,885 | 14,853 | 250,067
Charge for the year | – | 2,083 | 90 | 154 | 2,327
| --------- | --------- | -------- | -------- | ---------
At 31 December 2025 | – | 218,412 | 18,975 | 15,007 | 252,394
| --------- | --------- | -------- | -------- | ---------
Carrying amount |  |  |  |  |
At 31 December 2025 | 151,993 | 4,170 | 271 | 460 | 156,894
| --------- | --------- | -------- | -------- | ---------
At 31 December 2024 | 151,993 | 6,253 | 361 | 614 | 159,221
| --------- | --------- | -------- | -------- | ---------

Included in freehold property is £151,993 of land which is not being depreciated.
6. Debtors

| 2025 | 2024
| £ | £
Trade debtors | 153 | 27
Other debtors | 1,684 | 17,020
| ------- | --------
| 1,837 | 17,047
| ------- | --------

7. Creditors: amounts falling due within one year

| 2025 | 2024
| £ | £
Bank loans and overdrafts | 192,625 | 235,059
Trade creditors | 1,133 | 9,728
Corporation tax | 551 | 3,000
Other creditors | 67,495 | 62,045
| --------- | ---------
| 261,804 | 309,832
| --------- | ---------

Within bank loans and overdrafts is a bank overdraft facility, which is secured by a debenture agreement charged on the fixed and floating assets of the company.
8. Creditors: amounts falling due after more than one year

| 2025 | 2024
| £ | £
Other creditors | 242,537 | 249,800
| --------- | ---------

Within bank loans and overdrafts is a bank loan facility, which is secured by a debenture agreement charged on the fixed and floating assets of the company.
9. Related party transactions
At the balance sheet date the company owed a director £19,495 (2024: £19,045). At the balance sheet date the company owed the director and close family members £282,537 (2024: £289,800) of which £242,537 (2024: £249,800) is not due for repayment in less than 12 months.