REGISTERED NUMBER: SC411983 (Scotland)

Unaudited Financial Statements for the Year Ended 28 February 2026

for

Williamsons Potatoes Limited

Page

Company Information

1

Balance Sheet

2

Notes to the Financial Statements

4

DIRECTORS:

Mrs A P Stanley

G D Stanley

REGISTERED OFFICE:

No 5 Elderburn Lodges

Denhead

St Andrews

Fife

KY16 8PA

REGISTERED NUMBER:

SC411983 (Scotland)

ACCOUNTANTS:

Benson Accountants

Wiza House

Station Road

Wigton

Cumbria

CA7 9BA

FIXED ASSETS

Intangible assets

4

-

-

Tangible assets

5

10,254

13,673

10,254

13,673

CURRENT ASSETS

Debtors

6

145,454

195,233

Cash in hand

107,413

124,531

252,867

319,764

CREDITORS

Amounts falling due within one year

7

189,022

260,414

NET CURRENT ASSETS

63,845

59,350

TOTAL ASSETS LESS CURRENT LIABILITIES

74,099

73,023

PROVISIONS FOR LIABILITIES

2,564

2,598

NET ASSETS

71,535

70,425

CAPITAL AND RESERVES

Called up share capital

12

12

Retained earnings

71,523

70,413

71,535

70,425

The company is entitled to exemption from audit under Section 477 of the Companies Act 2006 for the year ended 28 February 2026.

The members have not required the company to obtain an audit of its financial statements for the year ended 28 February 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.

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:

G D Stanley - Director

Mrs A P Stanley - Director

1.	STATUTORY INFORMATION

Williamsons Potatoes Limited is a private company, limited by shares , registered in Scotland. 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 0, is being amortised evenly over its estimated useful life of nil 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.

Plant and machinery etc

-

25% on reducing balance

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.

3.	EMPLOYEES AND DIRECTORS

The average number of employees during the year was 1 (2025 - 1 ) .

4.	INTANGIBLE FIXED ASSETS

Goodwill

£

COST

At 1 March 2025

and 28 February 2026

86,000

AMORTISATION

At 1 March 2025

and 28 February 2026

86,000

NET BOOK VALUE

At 28 February 2026

-

At 28 February 2025

-

5.	TANGIBLE FIXED ASSETS

Plant and

machinery

etc

£

COST

At 1 March 2025

and 28 February 2026

26,436

DEPRECIATION

At 1 March 2025

12,763

Charge for year

3,419

At 28 February 2026

16,182

NET BOOK VALUE

At 28 February 2026

10,254

At 28 February 2025

13,673

6.

DEBTORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade debtors

140,589

183,991

Other debtors

4,865

11,242

145,454

195,233

7.

CREDITORS: AMOUNTS FALLING DUE WITHIN ONE YEAR

28/2/26

28/2/25

£

£

Trade creditors

177,622

250,300

Taxation and social security

8,089

6,559

Other creditors

3,311

3,555

189,022

260,414

8.	DIRECTORS' ADVANCES, CREDITS AND GUARANTEES

The following advances and credits to directors subsisted during the years ended 28 February 2026 and 28 February 2025:

28/2/26

28/2/25

£

£

Mrs A P Stanley and G D Stanley

Balance outstanding at start of year

9,477

(748

)

Amounts advanced

23,165

13,477

Amounts repaid

(30,000

)

(3,252

)

Amounts written off

-

-

Amounts waived

-

-

Balance outstanding at end of year

2,642

9,477