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COMPANY REGISTRATION NUMBER: 01801471

Oxford Agricultural Trials Limited

Filleted Financial Statements

31 March 2026

Oxford Agricultural Trials Limited

Statement of Financial Position

31 March 2026

| 2026 | 2025
Note | £ | £ | £

Fixed assets

Tangible assets | 5 |  | 179,316 | 263,214

Current assets

Stocks | 172,912 |  | 200,916
Debtors | 6 | 300,095 |  | 692,408
Investments | 7 | 583,088 |  | –
Cash at bank and in hand | 1,631,298 |  | 1,723,121
| ------------ |  | ------------
| 2,687,393 |  | 2,616,445

Creditors: amounts falling due within one year | 8 | 219,839 |  | 237,178
| ------------ |  | ------------
Net current assets |  | 2,467,554 | 2,379,267
|  | ------------ | ------------
Total assets less current liabilities |  | 2,646,870 | 2,642,481

Provisions |  | 44,829 | 65,804
|  | ------------ | ------------
Net assets |  | 2,602,041 | 2,576,677
|  | ------------ | ------------

Capital and reserves

Called up share capital |  | 1,106 | 1,106
Share premium account |  | 129,357 | 129,357
Profit and loss account |  | 2,471,578 | 2,446,214
|  | ------------ | ------------
Shareholders funds |  | 2,602,041 | 2,576,677
|  | ------------ | ------------

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.
The directors acknowledge their responsibilities for complying with the requirements of the Companies Act 2006 with respect to accounting records and the preparation of financial statements.
These financial statements were approved by the board of directors and authorised for issue on 16 July 2026 , and are signed on behalf of the board by:

Mr C Kay
Director

Company registration number: 01801471

Oxford Agricultural Trials Limited

Notes to the Financial Statements

Year ended 31 March 2026
1. General information
The company is a private company limited by shares, registered in England & Wales. The address of the registered office is West Farm Barns, Launton Road, Stratton Audley, Bicester, Oxfordshire, OX27 9AS.
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. The financial statements are prepared in sterling, which is the functional currency of the entity.
Revenue recognition
Turnover is measured at the fair value of the consideration received or receivable and represents amounts receivable for goods supplied and services rendered, stated net of discounts and of Value Added Tax.
Taxation
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.
Foreign currencies
Foreign currency transactions are initially recorded in the functional currency, by applying the spot exchange rate as at the date of the transaction. Monetary assets and liabilities denominated in foreign currencies are translated at the exchange rate ruling at the reporting date, with any gains or losses being taken to the profit and loss account.
Operating leases
Lease payments are recognised as an expense over the lease term on a straight-line basis. The aggregate benefit of lease incentives is recognised as a reduction to expense over the lease term, on a straight-line basis.
Lease income is recognised in profit or loss on a straight line basis over the lease term. The aggregate cost of lease incentives are recognised as a reduction to income over the lease term on a straight-line basis. Costs, including depreciation, incurred in earning the lease income are recognised as an expense. Any initial direct costs incurred in negotiating and arranging the operating lease are added to the carrying amount of the lease and recognised as an expense over the lease term on the same basis as the lease income.
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 & machinery | - | 20% straight line
| Fixtures & fittings | - | 15% straight line
| Motor vehicles | - | 25% straight line

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. Provisions are initially measured at the best estimate of the amount required to settle the obligation at the reporting date and subsequently reviewed at each reporting date and adjusted to reflect the current best estimate of the amount that would be required to settle the obligation. Any adjustments to the amounts previously recognised are recognised in profit or loss unless the provision was originally recognised as part of the cost of an asset. When a provision is measured at the present value of the amount expected to be required to settle the obligation, the unwinding of the discount is recognised as a finance cost in profit or loss in the period it arises.
Financial instruments
A financial asset or a financial liability is recognised only when the entity becomes a party to the contractual provisions of the instrument. Basic financial instruments are initially recognised at the transaction price, unless the arrangement constitutes a financing transaction, where it is recognised at the present value of the future payments discounted at a market rate of interest for a similar debt instrument. Financial assets that are measured at cost or amortised cost are reviewed for objective evidence of impairment at the end of each reporting date. If there is objective evidence of impairment, an impairment loss is recognised in profit or loss immediately. For all equity instruments regardless of significance, and other financial assets that are individually significant, these are assessed individually for impairment. Other financial assets are either assessed individually or grouped on the basis of similar credit risk characteristics. Any reversals of impairment are recognised in profit or loss immediately, to the extent that the reversal does not result in a carrying amount of the financial asset that exceeds what the carrying amount would have been had the impairment not previously been recognised.
Defined contribution plans
Contributions to defined contribution plans are recognised as an expense in the period in which the related service is provided. Prepaid contributions are recognised as an asset to the extent that the prepayment will lead to a reduction in future payments or a cash refund.
4. Employee numbers
The average number of persons employed by the company during the year amounted to 29 (2025: 29 ).
5. Tangible assets

| Plant and machinery | Fixtures and fittings | Motor vehicles | Total
| £ | £ | £ | £
Cost |  |  |  |
At 1 April 2025 | 494,037 | 160,516 | 127,527 | 782,080
Additions | 4,733 | – | – | 4,733
| --------- | --------- | --------- | ---------
At 31 March 2026 | 498,770 | 160,516 | 127,527 | 786,813
| --------- | --------- | --------- | ---------
Depreciation |  |  |  |
At 1 April 2025 | 300,993 | 158,440 | 59,433 | 518,866
Charge for the year | 56,177 | 572 | 31,882 | 88,631
| --------- | --------- | --------- | ---------
At 31 March 2026 | 357,170 | 159,012 | 91,315 | 607,497
| --------- | --------- | --------- | ---------
Carrying amount |  |  |  |
At 31 March 2026 | 141,600 | 1,504 | 36,212 | 179,316
| --------- | --------- | --------- | ---------
At 31 March 2025 | 193,044 | 2,076 | 68,094 | 263,214
| --------- | --------- | --------- | ---------

6. Debtors

| 2026 | 2025
| £ | £
Trade debtors | 212,396 | 390,713
Amounts owed by group undertakings and undertakings in which the company has a participating interest | – | 57,801
Other debtors | 87,699 | 243,894
| --------- | ---------
| 300,095 | 692,408
| --------- | ---------

7. Investments

| 2026 | 2025
| £ | £
Short-term deposits | 583,088 | –
| --------- | ----

8. Creditors: amounts falling due within one year

| 2026 | 2025
| £ | £
Trade creditors | 17,268 | 42,891
Amounts owed to group undertakings and undertakings in which the company has a participating interest | 33,608 | –
Social security and other taxes | 54,091 | 68,826
Other creditors | 114,872 | 125,461
| --------- | ---------
| 219,839 | 237,178
| --------- | ---------

9. Operating leases
The total future minimum lease payments under non-cancellable operating leases are as follows:

| 2026 | 2025
| £ | £
Not later than 1 year | – | 196,144
| ---- | ---------

10. Summary audit opinion
The auditor's report dated 11 August 2026 was unqualified .
The senior statutory auditor was Russell Eley FCCA , for and on behalf of Xeinadin Audit Limited .