REGISTERED NUMBER: 01370484 (England and Wales)

Financial Statements

For The Year Ended 31 March 2026

for

A. Poucher And Sons (Bardney Dairies)

Limited

Page

Company Information

1

Abridged Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mr A J Poucher

Mr D I Burchnall

Mr P S Burchnall

Mr M A Poucher

Mr H P Burchnall

SECRETARY:

Mr P S Burchnall

REGISTERED OFFICE:

Lodge Farm

Bardney Dairies

Wragby

MARKET RASEN

Lincolnshire

LN8 5JW

REGISTERED NUMBER:

01370484 (England and Wales)

ACCOUNTANTS:

Nicholsons

Chartered Accountants

Newland House

The Point

Weaver Road

LINCOLN

Lincolnshire

LN6 3QN

BANKERS:

HSBC Bank plc

221 High Street

LINCOLN

Lincolnshire

LN1 1TS

FIXED ASSETS

Intangible assets

4

14,400

18,000

Tangible assets

5

1,185,846

1,008,653

1,200,246

1,026,653

CURRENT ASSETS

Stocks

609,442

672,961

Debtors

283,409

341,650

Cash at bank

91

91

892,942

1,014,702

CREDITORS

Amounts falling due within one year

848,197

886,473

NET CURRENT ASSETS

44,745

128,229

TOTAL ASSETS LESS CURRENT LIABILITIES

1,244,991

1,154,882

CREDITORS

Amounts falling due after more than one year

6

(297,144

)

(382,161

)

PROVISIONS FOR LIABILITIES

(300,062

)

(272,063

)

NET ASSETS

647,785

500,658

CAPITAL AND RESERVES

Called up share capital

21,204

21,204

Share premium

84,950

84,950

Retained earnings

541,631

394,504

SHAREHOLDERS' FUNDS

647,785

500,658

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 31 March 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 31 March 2026 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.

All the members have consented to the preparation of an abridged Balance Sheet for the year ended 31 March 2026 in accordance with Section 444(2A) of the Companies Act 2006.

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 17 August 2026 and were signed on its behalf by:

Mr P S Burchnall - Director

1.	STATUTORY INFORMATION

A. Poucher And Sons (Bardney Dairies) 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.

Goodwill

Goodwill, being the amount paid in connection with the acquisition of a business in 2021, is being amortised evenly over its estimated useful life of ten years.

Intangible assets

Intangible assets are initially measured at cost. After initial recognition, intangible assets are measured at cost less any accumulated amortisation and any accumulated impairment losses.

Tangible fixed assets

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

Improvements to property

-

10% on cost

Plant and machinery

-

25% on reducing balance, 20% on reducing balance, 15% on reducing balance and 10% on reducing balance

Fixtures and fittings

-

15% on reducing balance

Motor vehicles

-

25% on reducing balance

Tractors and combines

-

10% on reducing balance

Stocks

Stocks are valued at the lower of production cost and net realisable value, after making due allowance for obsolete and slow moving items. Cost has been determined from actual price information supplied together with deemed costs where cost information was not available. The value of cultivations have been reduced by the element of depreciation.

Financial instruments

Only basic financial instruments as defined in FRS 102 are held. Financial assets and financial liabilities are recognised in the accounts only when the entity becomes party to the contractual provisions of the instrument and their measurement basis as follows:

Financial assets - trade and other debtors are basic financial instruments and are debt instruments measured at amortised costs. Prepayments are not financial instruments.

Cash at bank is classified as a basic financial instrument and is measured at transaction price.

Financial liabilities - trade creditors, accruals and other creditors are basic financial instruments and are measured at amortised costs. Where a financial liability constitutes a financing transaction it is initially and subsequently measured at the present value of future payments, discounted at a market rate of interest.

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 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

Assets obtained under hire purchase contracts and finance leases are capitalised as tangible assets and depreciated over the shorter of the lease term and their useful lives. Obligations under such agreements are included in creditors net of the finance charge allocated to future periods. The finance element of the rental payment is charged to the profit and loss account so as to produce constant periodic rates of charge on the net obligations outstanding in each period.

Rentals payable under operating leases are charged against income on a straight line basis over the lease term.

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 9 (2025 - 9 ) .

4.	INTANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

and 31 March 2026

36,000

AMORTISATION

At 1 April 2025

18,000

Amortisation for year

3,600

At 31 March 2026

21,600

NET BOOK VALUE

At 31 March 2026

14,400

At 31 March 2025

18,000

5.	TANGIBLE FIXED ASSETS

Totals

£

COST

At 1 April 2025

1,420,697

Additions

296,000

Disposals

(400

)

At 31 March 2026

1,716,297

DEPRECIATION

At 1 April 2025

412,044

Charge for year

118,630

Eliminated on disposal

(223

)

At 31 March 2026

530,451

NET BOOK VALUE

At 31 March 2026

1,185,846

At 31 March 2025

1,008,653

6.

CREDITORS: AMOUNTS FALLING DUE AFTER MORE THAN FIVE YEARS

2026

2025

£

£

Repayable by instalments

Other loans more 5yrs instal

100,008

148,718

7.	SECURED DEBTS

The following secured debts are included within creditors:

2026

2025

£

£

Bank overdrafts

453,210

534,393

Other loans

335,050

396,458

Hire purchase contracts

35,647

71,294

823,907

1,002,145

Loans are secured on the assets to which they relate with the exception of HSBC which is secured on a floating charge on the assets of the company.

8.	RELATED PARTY DISCLOSURES